Press release
Krill Meal Market: Global Forecast over 2027
Krill meal is a specialty feed ingredient, which is made up of small shrimp-like crustacean, Krill. Ithas been manufactured by the companies for more than 10 years. Krill meal is a rich source of protein and more than 200,000 tons of krill meal is transported worldwide. Although there are more than 80 species of krill and currently only 6 species of krill are fished,but the two major species of krill meal is Euphausia superba and Euphausia Pacifica. Species that is used to make high valued krill meal is the South Antarctic krill belongs to Euphausia superba species. Although krill is one of the most abundant creatures in the world, its industrial usage is still on the growth phase. Unlike fish meal, krill meal has more fat content, ethoxyquin and a natural stabilizing substance. Krill meal has negligible amount heavy metals and PCB’s. Krill meal is also a rich source of essential polyunsaturated fatty acids and amino acids. It krill meal helps in the promotion of growth, helps in increasing weight gain and feed conversion rates.Market Segmentation:
Krill Meal market is segmented on the basis of use, distribution channel and region. On the basis of use market is segmented into human consumption, aquarium and aquaculture feed. Among all these segment application in aquaculture feed is expected to grow enormously in the coming future, ongoing research in krill meal will also boost the growth of pharmaceutical segment. The demand for Krill Meal is more due to the value it offers as well as ease of availability of its product in the market. On the basis of distribution channel the market is segmented into supermarkets/hypermarkets, convenience stores, medical stores and online stores. Convenience stores is expected to hold a relatively high share in the krill meal market.On the basis of region Krill Meal market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.
Request to Sample Report - https://www.futuremarketinsights.com/reports/sample/rep-gb-3093
Market Regional Outlook:
Regional segment for the market of Chromium polynicotinateisdivided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment North America is expected to have the major market share globally, as it is the largest producer and consumer of Chromium polynicotinate. In Asia Pacific region the countries like China and India are generating the major revenue. In terms of revenue Asia Pacific is the second prominent contributor in theChromium polynicotinatemarket.
Market Drivers:
The market of Krill Meal is driven by the increasing awareness among the consumers about the health benefits associated with it. Krill Meal is not only a rich source of protein but it also exhibits some special properties such as anti-inflammatory property, anti-cancerproperty and anti-oxidant property. Companies are producing Krillproducts for human consumption and will continue to do so because of the properties it exhibits. These versatile properties of Krill Meal is attracting the pharmaceutical segment a lot and will defiantly drive the krill meal market in the forecast period. Factors that hamper the growth of krill meal market are availability of various alternate protein feeds which includes fish meal and soybean meal.
Request Report TOC @ https://www.futuremarketinsights.com/toc/rep-gb-3093
Market Key Players:
Some of the key players in Krill mealmarket are SipCarp, Qrill, Shandong Keruier Biological Company, La Merced, CYT INTERNATIONAL PTE LTD, Sunflower Enterprise, NUTRAFEED, SEAPRO, Qingdao Kangjing Marine Biotechnology Co, Beijing Jin-Ye Bioengineering Co., Ltd., A-Bank Co.,Ltdand INTERRYBFLOT among others.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Krill Meal Market: Global Forecast over 2027 here
News-ID: 915493 • Views: …
More Releases from Future Market Insights
![Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032](https://cdn.open-pr.com/W/9/W925571558_g.jpg)
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
![Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022](https://cdn.open-pr.com/W/9/W925323362_g.jpg)
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
![Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers](https://cdn.open-pr.com/W/9/W925921233_g.jpg)
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
![Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR](https://cdn.open-pr.com/W/9/W925580606_g.jpg)
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for Krill
Krill Meal Market 2022 Precise Outlook- Krill Canada, SipCarp, RIMFROST
Krill Meal Market is a data-intensive report that includes expert analysis to help draw conclusions. It will also be an aid in formulating strategies for an existing or new business. One of the most read topics that will interest readers is competitive market information and analysis. The Krill Meal market is expected to grow at a significant CAGR during the forecast period.
The Global Krill Meal Market Size 2022 is Projected to Grow at a CGAR ~4.0% During…
Krill Oil Market | Medical Benefits Of Krill Oil Are Expected To Propel The Evol …
Global Krill Oil Market: Snapshot
In the highly competitive pharmaceutical space, where manufacturing companies constantly endeavor to find new products having different unique perceived benefits, to appeal to consumers, krill oil is fast gaining popularity. This is because krill oil contains fatty acids similar to fish oil. Unlike other fats, these fats are beneficial as they relieve swelling, bring down cholesterol, and make blood platelets less sticky which brings down their…
Krill Powder Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Krill Powder analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “Krill Powder 2020-2025” Research Report categorizes the global Krill Powder by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities…
Krill Oil Market: Global Forecast over 2022
Krill is a tiny shrimp-like crustacean that lives in oceans across the world. Krill is harvested as a food source for both human beings and animals. Krill oil is extracted using both solvent and solvent-free extraction techniques. Krill oil offers several health benefits and consists of various essential nutrients including antioxidants such as astaxanthin and phospholipid-derived fatty acids (PLFA). Astaxanthin acts as an antioxidant and also imparts the dark red…
Krill Oil Market Trends And Dynamics By 2026
Global Krill Oil Market: Snapshot
In the highly competitive pharmaceutical space, where manufacturing companies constantly endeavor to find new products having different unique perceived benefits, to appeal to consumers, krill oil is fast gaining popularity. This is because krill oil contains fatty acids similar to fish oil. Unlike other fats, these fats are beneficial as they relieve swelling, bring down cholesterol, and make blood platelets less sticky which brings down their…
Krill Oil Market Driven By High Purity & Sustainability Of Krill along with Kril …
According to a latest market report titled “Global Market Study on Krill Oil: Effective than Other Marine Oils since Safer, Healthier, More Potent and More Absorbable” published by Persistence Market Research, the krill oil market has been estimated to be valued at US$ 300.7 Mn by the end of 2015, and is expand at a CAGR of 12.9% from 2015 to 2022, to account for US$ 703.0 Mn by 2022.
Obtain…