openPR Logo
Press release

Krill Meal Market: Global Forecast over 2027

01-24-2018 12:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights

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: 156

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Krill

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 - Demand from Numerous Companies & Forecast 2017 - 2025
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 - Industry Analysis,Trends and Forecast 2017 - 2025
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
Krill Oil Market- Analysis, Share & Trends from 2017 – 2024
Krill Oil Market size may experience a steady growth owing to increasing consumer health awareness regarding omega 3 fatty acids, docosahexaenoic acid (DHA), and eicosapentaenoic acid (EPA). Positive outlook in functional food, personal care, and pharmaceutical industries may drive product demand. It is usually extracted from Antarctic Krill with the help of solvent or solvent free extraction process. Krill oil mainly contains omega 3 fatty acids and phospholipid derived fatty acids
Krill Oil Market Will Cross US$ 703.0 Mn By 2022
Currently, the global krill oil market is principally driven by factors such as increasing health concerns among consumers, product promotions through trade shows, and the introduction of innovative products with krill oil. However, factors such as high costs, lack of proper regulations, preference for established fish oils, and lack of consumer awareness about alternatives to krill oil are expected to restrain market growth. The global krill oil market revenue is