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Marine Ingredient Market is expected to reach USD 5.25 Billion by 2030, as per Maximize Market Research

11-06-2024 01:39 PM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Marine Ingredient Market

Marine Ingredient Market

The Marine Ingredient Market size was valued at USD 3.46 Billion in 2023 and the total Marine Ingredient revenue is expected to grow at a CAGR of 6.12% from 2024 to 2030, reaching nearly USD 5.25 Billion.

๐Œ๐š๐ซ๐ข๐ง๐ž ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Marine ingredients are nourishing substances primarily utilized for human consumption or animal feed, sourced from marine creatures like fish, krill, shellfish, and algae. Ensuring sustainability in harvesting marine life is essential for the ongoing growth and maintenance of ocean populations. The marine ingredients market is characterized by its division among numerous multinationals, regional, and local participants.

๐‚๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐›๐ž๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/31588/

๐Œ๐š๐ซ๐ข๐ง๐ž ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

It is expected that multinational companies in Asia Pacific and Europe will experience growth due to the introduction of new product lines which will increase their geographic coverage. Europe is expected to be responsible for approximately 40.1% of the value share of marine ingredients over the forecast period as it is the primary consumer of these products, due to the presence of major marine ingredients producers in the market. The marine ingredients market is dominated by regional players with a market share of over 35%, while local players hold a market share of over 20%.

Approximately 20% of the global population, mostly in Muslim-majority regions like the Middle-East and Africa, as well as the Asia-Pacific area, are driving the demand for halal foods, including halal fish oil. This is expected to increase the marine ingredients market in the coming years.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/31588/

๐Œ๐š๐ซ๐ข๐ง๐ž ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Fish Meal
Fish Oil
Liquid
Others (marine proteins, peptides, etc.)

๐๐ฒ ๐…๐จ๐ซ๐ฆ

Powder
Liquid

๐๐ฒ ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ

Protein
Ash
Fatty Acids
Other (vitamins, enzymes, etc.)

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Poultry Feed
Aquaculture
Animal Food
Food & Beverages
Sports Nutrition
Infant Formula
Pharmaceuticals
Cosmetics & Personal Care
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/marine-ingredient-market/31588/

๐Œ๐š๐ซ๐ข๐ง๐ž ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

HofsethBioCare ASA
TripleNine Group A/S
Bio-marine Ingredients Ireland Ltd.
SA Copalis, Symrise AG
Scanbio SA
Bio-Oregon Protein, Inc.
Cargill Inc.
A. Costantino& C. S.P.A.
Alaska Protein Recovery LLC.
Titan Biotech Limited
Jiangxi Cosen Biochemical Co. Ltd.
Gelita AG
Symrise
Sopropeche
KD Nutra
Copalis
Pacific Seafood,
Omega Protein Corporation,
Abyss Ingredients,
Algaia

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/31588/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What was the Market size in 2023?
What is the projected demand for the Marine Ingredient Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the Marine Ingredient Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Marine Ingredient Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Marine Ingredient Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

Microencapsulation Market is expected to reach USD 28.42 Bn. by 2030, at a CAGR of 12.9% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-microencapsulation-market/598/

Dairy Processing Equipment Market is expected to reach US$ 16.11 Bn. by 2030, at a CAGR of 6% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-dairy-processing-equipment-market/17357/

Animal Feed Additives Market size was valued at US$ 18.20 Bn. in 2022 and the total revenue is expected to grow at 5.5% CAGR through 2023 to 2029, reaching nearly US$ 26.48 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-animal-feed-additives-market/27081/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

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