Get More Information on Fish Protein Market - Request Sample Report
Fish Protein Market was valued at USD 3.99 billion in 2023 and is expected to reach USD 6.64 billion by 2032, enlisting a CAGR of 5.8% from 2024 to 2032.
Protein is a fundamental part of the human body to keep up with muscles, hair, organs, tissues, skin, and catalysts. Fish protein is one of the most outstanding dietary wellsprings of creature protein which gives a solid measure of protein having less immersed fat, starches, and cholesterol than red meat.
Fish proteins can be utilized to supplant meat by virtue of decreasing fat restricting properties in the food Industry. Fish protein is the fate of buyer's well-being needs, as fish protein market is still on the underlying transformative phase.
Fish protein has an assortment of medical advantages. Being high in minerals and nutrients makes it a profoundly eaten item, got from fish. Fish protein items are healthfully enhanced and are utilized for creature as well as human utilization. It is by and large got from fish, fish waste, or fish supper. A few different items accessible in the fish protein market are fish protein segregate, fish protein concentrate, and fish protein hydrolysate.
Fish protein has been customarily utilized as feed fixings in creature sustenance. It has a wide scope of use in ventures like drugs, beauty care products and individual consideration, sports nourishment, newborn child equation, food and refreshments and dietary enhancements. The utilization of fish protein assists with keeping up with great heart and cerebrum well-being since it is wealthy in omega 3, 6 and 9 unsaturated fats as well as a few cells reinforcement.
Driving Factors:
Rising interest of manageable protein arrangement.
Developing productivity in protein extraction.
Restraining factors:
Expanding veggie lover and vegan populace.
Low mindfulness about the items containing fish protein and significant expenses.
Opportunity:
Upsurge sought after for in vogue beauty care products, for example, nutri-cosmetics, which contains fish protein and expansion in fame of fish protein among youth.
Expanding interest for sports nourishment item.
Challenges:
Presence and accessibility of worldwide brands.
Huge or scant contest from the neighborhood and homegrown brands, effect of homegrown levies and shipping lanes.
States across the world are carrying out lockdowns alongside authorizing limitations on delivery, air, street, and railhead out which is probably going to hamper market development. Fish protein hydrolysate requires different unrefined components to create a steady and unadulterated item. Rigid limitation on exchange and diminishing stock chains is making it hard to source materials for the food and drink industry which is probably going to hamper fish protein hydrolysate market development.
Shortage of natural substances like Atlantic Salmon obtained from the shores of Scandinavian nations or top-notch Tuna from the Sea of Japan is probably going to hamper development. Sea-going items and new fish are profoundly short-lived and along these lines should be sold, handled, or put away rapidly. Blockages to move courses are obstructive for new food supply fastens and is probably going to bring about food misfortune which is probably going to compel the market development.
In light of form, fish protein hydrolysate market is bifurcated into powder, glue, and fluid. Powder arrangements are broadly utilized in assembling drug-level protein powders that guide in muscle and blood recuperation after mishaps. Expanding interest for regular fixings with lox harmfulness in drug industry and efficient nature in correlation with whey confine protein powders is probably going to cultivate piece of the pie.
In view of source, fish protein hydrolysate market is bifurcated into anchovy, tilapia, fish, sardine, Atlantic salmon, shellfish, molluscs, and codfish. Atlantic salmon protein hydrolysates are wealthy in omega 3 and long spread amino acids which makes them viable with different hydroponics feed plans. Its effectively edible nature alongside similarity with salt and ocean water amphibian life is probably going to help item interest.
By Forms:
Concentrated
Isolated
Hydrolysate
By End-User:
Meat processing
Bakery
Dietary supplements
Clinical nutrition
Infant formula
Sports nutrition
Ready to eat
Retail/Household
By Distribution Channel:
Business to Business
Business to Consumer
Convenience Stores
Super Markets/ Hypermarkets
Online Stores
Specialty Stores
Others
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
North America is the most conspicuous provincial market. This is credited to the profoundly advanced retail structure and expanded reception of fish protein because of ascend in commonness of weight. Also, upsurge in consumption of shoppers on dietary food and nutricosmetics adds to the prevalence of fish protein around here. Be that as it may, China is supposed to develop at the most noteworthy CAGR all through the conjecture period, inferable from expansion in fish cultivating and flood in reception of fish dinner in the creature feed industry.
Need any customization research on Fish Protein Market - Enquiry Now
Omega Protein Corporation, Mukka Sea Food Industries, Bio-marine Ingredients Ireland Ltd, Bio Phoenix Formulations, Apelsa Guadalajara, S.A. de C.V., Advance International, Inc., Nutrifish, Peterlabs Holdings Barhad, Siam Industries International.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 3.78 Billion |
| Market Size by 2032 | USD 6.64 Billion |
| CAGR | CAGR 5.8% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Fish Protein Hydrolysates, Fish Protein Powder, Others) • by Application (Food Industry, Feed Industry, Pharmaceuticals, Cosmetic, Agriculture Industry, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Omega Protein Corporation, Mukka Sea Food Industries, Bio-marine Ingredients Ireland Ltd, Bio Phoenix Formulations, Apelsa Guadalajara, S.A. de C.V., Advance International, Inc., Nutrifish, Peterlabs Holdings Barhad, Siam Industries International |
| Key Drivers | • Rising interest of manageable protein arrangement. • Developing productivity in protein extraction. |
| Restraints | •Expanding veggie lover and vegan populace. •Low mindfulness about the items containing fish protein and significant expenses. |
Ans: Europe has the biggest offer in the Fish Protein market.
Ans: Omega Protein Corporation, Mukka Sea Food Industries, Bio-marine Ingredients Ireland Ltd, Bio Phoenix Formulations, Apelsa Guadalajara, S.A. de C.V., Advance International, Inc., Nutrifish, Peterlabs Holdings Barhad, Siam Industries International are the key players in the Fish Protein market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: Expanding veggie lover and vegan populace and Presence and accessibility of worldwide brands.
Ans: The fish protein market is assessed to reach $5.94 billion by 2028, enlisting a CAGR of 5.8% from 2022 to 2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Fish Protein market segmentation, by forms
8.1 Concentrated
8.2 Isolated
8.3 Hydrolysate
9. Global Fish Protein market segmentation, by end-user
9.1Meat processing
9.2 Bakery
9.3 Dietary supplements
9.4 Clinical nutrition
9.5 Infant formula
9.6 Sports nutrition
9.7 Ready to eat
9.8 Retail/Household
10. Global Fish Protein market segmentation, by distribution channel
10.1 Business to Business
10.2 Business to Consumer
10.3 Convenience Stores
10.4 Super Markets/ Hypermarkets
10.5 Online Stores
10.6 Specialty Stores
10.7 Others
11. Global Fish Protein market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Omega Protein Corporation
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Mukka Sea Food Industries
12.3 Bio-marine Ingredients Ireland Ltd
12.4 Bio Phoenix Formulations
12.5 Apelsa Guadalajara
12.6 A. de C.V.
12.7 Advance International, Inc.
12.8 Nutrifish
12.9 Peterlabs Holdings Barhad
12.10 Siam Industries International
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Vegan Confectionery Market Report Scope & Overview: Vegan Confectionery Market Size was valued at
The Lutein Market size was USD 352.2 million in 2022 and is expected to Reach USD 540.5 million by 2030 and grow at a CAGR of 5.5% over the forecast period of 2023-2030.
The Dairy Alternatives Market Size was esteemed at USD 22.52 billion out of 2022 and is supposed to arrive at USD 61.85 billion by 2030 and develop at a CAGR of 13.46% over the forecast period 2023-2030.
The Frangipani Extract Market size was USD 33.9 million in 2022 and is expected to Reach USD 49.3 million by 2030 and grow at a CAGR of 4.8% over the forecast period of 2023-2030.
Organic farming market is considered to be on growth stage during the forecast period. It is been noticed that organic farming market has a great potential of providing good healthy and high-quality food.
Nuts Market Report Scope & Overview: Nuts Market Size was value
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
