The global demand for Natural Protein Fish Meal Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Natural protein fish meal is used in animal feeds because it is high in protein concentration and a good source of calcium, phosphorus, and other minerals. The meal's high protein content and excellent amino acid balance for aquatic animals make it particularly well-liked in aquaculture feeds. Menhaden, herring, anchovies, and sardines are just a few examples of the small, pelagic, oceanic fish used to make natural protein fish meal. The oil and water are pushed out after the little fish have been crushed. The residual solids are boiled and ground into food for consumption of animals as well as humans.
Market Dynamics
The natural protein fish meal market is being driven by the developing aquaculture industry as well as the rising demand for high-quality seafood products. The rise in the demand for naturally sourced protein additions in animal feed is expected to spur growth in the industry. The natural protein fish meal market is further anticipated to grow due to other reasons such as rising fish consumption, improved consumer awareness of fish meal's advantages, expanding aquaculture, and rising use of fish meal as fertilizer. Since the natural protein fish meal is a strong source of organic nitrogen and encourages faster plant growth, fertilizer is another key use for the product that will help the market grow. Moreover, the industry's expansion is aided by the expanding demand for protein supplements in animal feed. Finally, the growing environmental concerns about the detrimental effects of chemical-based feed additives on aquatic ecology also fuel the quest for natural alternatives.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of natural protein fish meal. The growth and trends of natural protein fish meal industry provide a holistic approach to this study.
Market Segmentation
This section of the natural protein fish meal market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Herring
- Cod
- Anchovy
- Others
By Application
- Food Industry
- Animal Food
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Natural Protein Fish Meal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Natural Protein Fish Meal Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the natural protein fish meal market include Royal DSM, FF Skagen, Sursan A.S., BASF SE, GC Rieber Oils, Croda International PLC, The Scoular Company, Omega Protein Corporation, Oceana Group Limited, Pelagia, IBL Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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