Comprehensive Fish Powder Market Forecast 2025-2034: Growth Trends and Strategic Shifts

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Fish Powder Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, there has been a robust increase in the size of the fish powder market. This market is projected to grow from $8.82 billion in 2024 to $9.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.3%. The expansion during the historic period can be credited to factors such as heightened consumer knowledge on the nutrition derived from fish, rising demand for protein-filled and functional food components, growing health cognizance and preference for natural ingredients, the broadening scopes of the aquaculture and fisheries sectors, the requirement for sustainable and environmentally friendly food resources, and the rising demand for fish powder in the animal feed and pet food industries.

Fish Powder Market Size Forecast: What's the Projected Valuation by 2029?
The market for fish powder is forecasted to experience solid expansion in the coming years, pushing its value to $12.26 billion by 2029, with a compound annual growth rate of 6.7%. This predicted increase during the forecast period is likely due to several factors, such as the use of fish powder to enhance the flavour of foods and as a natural source of umami, the focus on reducing waste through the use of fish by-products, the requirement for omega-3 fatty acids and key micronutrients in our daily diet, the spreading use of fish powder in cosmetics and personal care products, and the rising demand for fish protein in sports and fitness nutrition. Key trends expected in the forecast period are the microencapsulation of fish powder, natural processing with clean labels, inventive packaging options, powdered fish oil and omega-3 additives, along with the fortification of food and beverages.

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What Are the Drivers Transforming the Fish Powder Market?
The escalating trend of health consciousness is predicted to fuel the growth of the fish powder market. Health consciousness is the proactive focus towards enriching one's health and improving one's well-being, involving various actions, perspectives, and convictions that pertain to fitness, nutrition, and lifestyle decisions. This rise in health consciousness predominantly stems from issues like increasing incidences of lifestyle-related troubles such as obesity, diabetes, and cardiovascular diseases, sparking awareness about the significance of healthy living. Fish powder proves to be an optimum selection for health-centric consumers given its impressive concentration of vital nutrients like proteins, omega-3 fatty acids, and vitamins, contributing to overall health and facilitating a balanced diet rich in nutrition. For example, a survey conducted by the US-based non-profit entity, the International Food Information Council in May 2022, with 1,005 American adults aged 18-80 and adult Gen Z participants aged 18-24, highlighted that about 52% of the respondents adhered to a particular diet or eating pattern, a substantial increase from 39% in 2021. The survey also revealed the top preferences to be clean eating (16%), mindful eating (14%), and calorie counting (13%). Consequently, this surge in health consciousness is prompting the expansion of the fish powder market.

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What Long-Term Trends Will Define the Future of the Fish Powder Market?
The fish powder market is undergoing transformations due to technological innovations. Major players in this space are leveraging multiple technology advancements to solidify their market dominance. A case in point is Cermaq Canada Ltd., a salmon farming corporation based in Canada, which embraced aeration technology delivered by Poseidon Ocean Systems in January 2022. It's worth noting that, thanks to Poseidon Ocean Systems' new aeration technology, Cermaq Canada managed to reduce its CO2 emissions by over 76,000 kg in their 2021 operations.

Which Segments in the Fish Powder Market Offer the Most Profit Potential?
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

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Which Firms Dominate the Fish Powder Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Fish Powder Market?
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.

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