Fish Protein Hydrolysate Market New Business Opportunities and Investment Research Report by 2030

The Fish Protein Hydrolysate Market size is expected to grow from US$ 498.07 million in 2022 to US$ 748.66 million by 2030; it is estimated to register a CAGR of 5.2% from 2022 to 2030.

Fish protein hydrolysate (FPH) is a breakdown product of fish proteins containing smaller peptides and amino acids. FPH is obtained by treatment of fish meat with trypsin, chymotrypsin, pepsin, or other enzymes under controlled conditions of pH and temperatures. Fish protein hydrolysates contain many bioactive peptides and amino acids that have been shown to have human health and animal feed supplementation benefits. fish protein hydrolysates are widely used in food& beverages, pharmaceuticals & nutraceuticals, animal feed, personal care, and agriculture. Thus, due to wide range of applications, the fish protein hydrolysate market is expected to drive globally.

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Analysis of the Top Market Players:

1. Symrise
2. Bio-marine Ingredients Ireland
3. Copalis
4. SAMPI
5. Kemin Industries, Inc
6. Janatha Fish Meal and Oil Products
7. E.F.S.-Holland
8. WHITE SWAN PHARMACEUTICA
9. New Alliance Dye Chem Pvt. Ltd
10. Nizona Marine Products

In this report, the market has been segmented on the basis of:

Form (Dry and Liquid)
Application (Animal Nutrition [Poultry, Ruminants, Swine, Aquaculture, Pets, and Others]
Pharmaceuticals & Nutraceuticals, Food & Beverages, Personal Care, and Agriculture), and Geography

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Based on application, the global fish protein hydrolysate market for animal feed application is segmented into animal nutrition, food & beverages, pharmaceuticals & nutraceuticals, personal care, and agriculture. Further, the animal nutrition segment is subdivided into poultry, ruminants, swine, aquaculture, pets, and others. The animal feed segment held the largest share of the global fish protein hydrolysate market in 2022. The emergence of transferrable diseases in livestock such as beef, cattle, poultry, and cows has led to an upsurge in the incorporation of supplementary additives in feed for enhancing immune response, feed use, and improve valuable microflora thereby developing pathogen resistance should drive the demand for animal feed additives such as fish protein hydrolysate in animal feed.

Moreover, surging poultry feed industry further expected to boost the demand for fish protein hydrolysate. The poultry feed industry also witnessed higher production of broilers and layers feed. According to "The 2023 Alltech Agri-Food Outlook" article, released on January 2023, the demand for layer-sector feed production increased by 0.31%, while the overall broiler feed sector grew by 1.27%. Fish protein hydrolysate (FPH) is considered a rich protein source; hence, it is extensively used in poultry feed production.

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