Fish Protein Concentrate Market Set for Rapid Growth and Trend by 2025-2032 Key Drivers And Analysis | Coherent Market Insights

The fish protein concentrate market is witnessing robust growth, driven by increasing demand from animal feed, aquaculture, and food industries globally. Rising consumer awareness about the benefits of fish protein and sustainable sourcing practices are propelling industry size and business growth. Innovations in processing technologies and expanded use cases in nutraceuticals further strengthen market dynamics. The Global Fish Protein Concentrate Market size is estimated to be valued at USD 153.2 million in 2025 and is expected to reach USD 246.2 million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.0% from 2025 to 2032. This market revenue trajectory illustrates significant market opportunities despite challenges such as fluctuating raw material supply and regulatory constraints.

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➤Actionable Insights

● Production capacity for fish protein concentrate increased by approximately 8% in 2024, with major processing plants expanding output to meet rising global demand.
● Average pricing of fish protein concentrate has stabilized at around USD 4,200 per ton in 2024, reflecting steady demand and raw material cost dynamics.
● Exports from key aquaculture-producing countries saw a 10% increase in 2024, particularly from Asia Pacific regions, influencing global market share.
● Imports surged in North America and Europe by 12% in 2024, driven by growing use in pet food and animal feed segments.
● Diverse use cases across aquaculture, poultry feed, and human nutrition reflect market versatility and expanding consumer base, boosting fish protein concentrate market insights and revenue.

❖Market segment and regional coverage

○ By Product Form: Powder, Concentrates, Liquids, and Others
○ By Application: Aquaculture Feed, Poultry Feed, Pet Food, Human Nutrition, and Others
○ By Source: Marine Fish, Freshwater Fish, and Others
○ By Distribution Channel: Direct Sales, Online Retail, Distributors, and Others

Regional and Country Analysis:

○ North America: U.S. and Canada
○ Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
○ Europe: Germany, U.K., Spain, France, Italy, Benelux, Denmark, Norway, Sweden, Russia, and Rest of Europe
○ Asia Pacific: China, Taiwan, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Australia, and Rest of Asia Pacific
○ Middle East & Africa: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, South Africa, North Africa, Central Africa, and Rest of MEA

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✔Key players
» Scanbio Marine Group
» Colpex International
» BioOregon Protein
» Omega Protein
» Apelsa Guadalajara
» Aroma NZ
» Sopropeche
» Peterlabs Holdings
» Hofseth BioCare
» Nutrifish
» Olvea Fish Oils
» Protein Feeds
» Mukka Sea Foods
» Qingdao Future Group
» Seagarden
» Shandong Fukui Foodstuff
» Shandong Yuwang Ecological Food Industry
» Taian Health Chemical
» Zhejiang Zengus
» Zhejiang NHU

Several market companies have adopted competitive strategies such as strategic acquisitions and capacity expansions. For instance, Scanbio Marine Group's acquisition of local processing units in 2024 facilitated a 15% increase in production capacity, enhancing their market share. Similarly, Qingdao Future Group's investment in R&D to develop high-purity concentrates improved product differentiation, driving higher demand in premium human nutrition segments. These approaches underscore market growth strategies aligned with evolving market trends.

➤Growth factors

✓ Rising demand for nutrient-rich animal feed due to the expansion of aquaculture and poultry industries drives market growth.
✓ Increasing consumer focus on sustainable and high-quality protein sources in food products supports business growth.
✓ Technological advancements in protein extraction and purification enhance market scope and product applications.
✓ Favorable regulations promoting the use of fish protein concentrate in feed and food sectors further fuel market development.
✓ Statistically, aquaculture feed accounted for over 35% of total fish protein concentrate consumption in 2024, highlighting main growth drivers.

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❖ Market trends

⇨ Growing emphasis on sustainable fisheries and traceability is shaping procurement and production methods in the fish protein concentrate market.
⇨ Expansion of functional food applications with fish protein concentrate as a key ingredient is gaining momentum in developed regions.
⇨ Integration of digitization in supply chain management is enhancing market dynamics by improving transparency and efficiency.
⇨ Increasing collaborations between feed manufacturers and raw material suppliers to improve quality standards are influencing market revenue positively.
⇨ Recent trend toward plant-fish protein blend formulations presents new market opportunities in human nutrition segments.

✒Key takeaways

→ Fish protein concentrate market size is projected to grow at 7.0% CAGR, reflecting strong market growth potential.
→ Segments such as Aquaculture Feed dominate application categories due to expanding seafood farming operations.
→ Powder form remains the most utilized product segment, accounting for significant industry share owing to versatile use.
→ Asia Pacific region leads market revenue due to its strong fishing industry and aquaculture penetration.
→ North America exhibits rapid growth influenced by high demand in pet food and dietary supplements.
→ Europe supports market trends with increased regulatory focus on sustainable sourcing and clean-label products.

❓ Frequently Asked Questions

1. Who are the dominant players in the Fish Protein Concentrate market?
Key market players include Scanbio Marine Group, Colpex International, BioOregon Protein, Omega Protein, and Apelsa Guadalajara, among others, due to their expansive production capabilities and innovative product offerings.

2. What will be the size of the Fish Protein Concentrate market in the coming years?
The market size is expected to grow from USD 153.2 million in 2025 to USD 246.2 million by 2032, demonstrating a CAGR of 7.0%.

3. Which end users industry has the largest growth opportunity?
The aquaculture feed industry presents the largest growth opportunity, propelled by the increasing demand for sustainable and high-protein feed components globally.

4. How will market development trends evolve over the next five years?
Market trends indicate an increased focus on sustainability, product innovation for human nutrition, and integration of digital technologies across supply chains.

5. What is the nature of the competitive landscape and challenges in the Fish Protein Concentrate market?
The market is competitive with key players leveraging acquisitions and technology investments, while challenges include raw material availability fluctuations and compliance with stringent food and feed regulations.

6. What go-to-market strategies are commonly adopted in the Fish Protein Concentrate market?
Strategies such as expansions of production capacity, collaborative R&D, and market diversification are commonly used to enhance market share and revenue growth.

✍️ Author of this marketing PR:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

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