Increasing Health Consciousness Fuels Growth In Fish Powder Market: Key Factor Driving The Growth In The Fish Powder Market

The Fish Powder Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Fish Powder Market Size During the Forecast Period?
In recent years, there has been a considerable uptick in the market size of fish powder. Projected to escalate from $8.82 billion in 2024 to $9.47 billion in 2025, its compound annual growth rate (CAGR) is set at a solid 7.3%. The growth previously witnessed in the market can be traced back to a surge in consumer knowledge about the nutritional value of fish. In addition, there has been an increase in demand for food ingredients that are both protein-rich and functional, a rise in health consciousness and a preference for natural ingredients. Other factors contributing to the growth include the expansion of the aquaculture and fisheries sectors, the necessity for food sources that are both sustainable and eco-friendly, and the increasing demand for fish powder in animal feed and pet food industries.

Significant expansion is anticipated in the fish powder market over the next few years, with projected growth to $12.26 billion in 2029. The compound annual growth rate (CAGR) is predicted to be 6.7%. Several factors will contribute to this growth in the market during the forecast period, such as the increased use of fish powder for enhancing flavor and as a natural source of umami, a shift towards prioritizing waste reduction and maximization of fish by-products, demand for omega-3 fatty acids and key micronutrients, broadening the application of fish powder in cosmetic and personal care items, and the rise in demand for fish protein in sports and fitness nutrition. Some noticeable trends during this forecast period include the microencapsulation of fish powder, emphasis on a clean label and natural processing, innovative packaging methods, fish oil in powdered form and omega-3 supplements, and fortification of food and drinks.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5943

What Are the High-Growth Segments in the Fish Powder Market?
The fish powder market covered in this report is segmented -

1) By Source: Whole Fish, By-Product
2) By Type: Steam Dried (SD) Fish Powder, Flame Dried (FD) Fish Powder
3) By Distribution Channel: B2B, B2C
4) By Application: Swine, Poultry, Aquaculture, Other Applications
5) By End-User: Food And Beverages, Sports Nutrition and Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals, Animal Feed, Fertilizer

Subsegments:
1) By Steam Dried (SD) Fish Powder: High-Protein Steam Dried Powder, Low-Odor Steam Dried Powder
2) By Flame Dried (FD) Fish Powder: Traditional Flame Dried Powder, High-Temperature Flame Dried Powder

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5943&type=smp

What Key Drivers Are Expected to Influence Future Fish Powder Market Growth?
The escalating trend of health awareness is anticipated to propel the market for fish powder. Health awareness indicates an individual's knowledge and proactive steps toward preserving and enhancing personal health and wellness, which involves a variety of practices, perspectives, and ideologies about physical fitness, nutrition, and lifestyle decisions. The rise in health awareness is driven by aspects such as the increasing incidence of lifestyle-associated illnesses like obesity, diabetes, and heart diseases, bringing to light the importance of a healthy lifestyle. Fish powder is a preferred choice among health-conscious customers due to its rich concentration of vital nutrients such as proteins, omega-3 fatty acids, and vitamins that support overall health and facilitate a nutrient-rich balanced diet. For example, a study conducted by the International Food Information Council, a nonprofit organization from the United States, surveyed 1,005 American adults aged between 18 and 80, and Gen Z adults aged 18-24 in May 2022. It found that around 52% of participants adhere to specific diets or eating patterns, a rise from 39% in 2021. The study also revealed that the top choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Thus, the heightened health awareness is driving the market for fish powder.

Which Companies Hold the Largest Share Across Different Fish Powder Market Segments?
Major companies operating in the fish powder market include Austevoll Seafood ASA, Omega Protein Corporation, Daybrook Fisheries Inc., Cermaq Group AS, Kodiak Fishmeal Company, Pesquera Exalmar SAA, Nissui Corporation, Pesquera Hayduk S.A., Oceana Group Limited, Dalian Longyuan Fish Meal Co. Ltd., Marvesa Holding N.V., Tecnológica de Alimentos S.A., Croda International plc, Sursan Su Urunleri AS, Alaska Seafood International LLC, Pelagia AS, Scanbio Marine Group AS, Pioneer Fishing Pty Ltd., Sardina D.O.O., Novofood SA, Qingdao Future Group, Havsbrún, Norebo Holding AS, TripleNine Group A/S, United European Seafood Traders PTE LTD., Balticovo AS, Scoular Company, GC Rieber Oil AS, Austral Group SAA, FF Skagen A/S, GC Rieber Oils AS

What Trends Are Driving Growth in The Fish Powder Market?
The fish powder market is being transformed by technological innovations. Significant market players are embracing various cutting-edge technologies to solidify their market standing. For instance, Cermaq Canada Ltd., a business specializing in salmon farming based in Canada, has implemented aeration technology provided by Poseidon Ocean Systems in January 2022. It is claimed by Cermaq Canada that the new aeration technology from Poseidon Ocean Systems was instrumental in reducing their CO2 emissions by over 76,000 kg in 2021.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/fish-powder-global-market-report

What Are the Emerging Geographies for The Fish Powder Market Growth?
Asia-Pacific was the largest region in the fish powder market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fish powder market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fish Powder Market?
2. What is the CAGR expected in the Fish Powder Market?
3. What Are the Key Innovations Transforming the Fish Powder Industry?
4. Which Region Is Leading the Fish Powder Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.