Market Overview: Fish Meal Market FY2024-2029
This reports provides an essential and dependable overview of the Fish Meal Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Fish Meal Market Report Coverage Details:
Base Year: 2023
Historical Data: 2019-22
Forecast Period: 2024-2029
CAGR: 6.5% (2024-2029)
The Global Fish Meal Market size is valued at around USD 205 billion in 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-29.
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Fish Meal Market Driver:
Rising Adoption of Fish Meal Due to its Nutritional Contents to Thrive the Market Growth – The Global Fish Meal Market has been experiencing considerable adoption as fish meal contains high quality & quantities of nutrition such as proteins, minerals, fatty acids, etc. It is a valuable source of protein derived from fish processing and also acts as a typical constituent in aquaculture, agriculture, and majorly in animal feed. The usage of this meal, soil fertility & crop yields can be improved due to its phosphorous & high nitrogen content, thus contributing to the overall market growth.
Moreover, to meet the increasing demand for seafood products for the rising population in the world, the aquaculture industry needs fish meals as a good solution as they contain numerous nutrients. In addition, the environmentally friendly trait of fish meals further aids the consumer’s preferences for sustainable & organic solutions for agriculture strategies. Thus, such aspects of the fish meals to drive the overall market during the forecast period.
Fish Meal Market Segmentation Analysis – FY2024-2029
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Fish Meal Market (2024-2029). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Fish Meal Market segmentation is enlisted below:
By Nature
Organic- Market Size & Forecast 2018-2028F, USD Million
Conventional- Market Size & Forecast 2018-2028F, USD Million
By Source
Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
Marine Fish- Market Size & Forecast 2018-2028F, USD Million
Crustaceans- Market Size & Forecast 2018-2028F, USD Million
Tilapia- Market Size & Forecast 2018-2028F, USD Million
Others (Catfish, Tuna, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Application
Animal Feed- Market Size & Forecast 2018-2028F, USD Million
Aqua Feed- Market Size & Forecast 2018-2028F, USD Million
Poultry- Market Size & Forecast 2018-2028F, USD Million
Pharmaceuticals- Market Size & Forecast 2018-2028F, USD Million
Others (Dietary Supplements, Fertilizers, etc.)- Market Size & Forecast 2018-2028F, USD Million
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By End User
Aquaculture- Market Size & Forecast 2018-2028F, USD Million
Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
Marine Fish- Market Size & Forecast 2018-2028F, USD Million
Others (Crustaceans, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
Poultry- Market Size & Forecast 2018-2028F, USD Million
Swine- Market Size & Forecast 2018-2028F, USD Million
Others (Exotic meats, small ruminants, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Region
North America
South America
Europe
Middle East & Africa
Asia-Pacific
Fish Meal Market Competitive Landscape
Omega Protein Corporation, Pesquera Diamente S.A., Calysta Inc., Pesquera Hayduk SA, Oceana Group Limited S.A., Sardina D.O.O, TripleNine Group A/S, Empresas Copec S.A., Animal Feeds International Corporation, FF Skagen A/S, Orizon SA, Sarma Fish S.A.R.L., Pioneer Fishing Pt Ltd., Aker BioMarine Antarctic AS, The Scouler Company, and Others.
Fish Meal Industry News:
March 2022: Pelagia acquired all the shares of Norsk Fiskeindustri Invest AS (NFI). NFI, in turn, held a 51.05% ownership stake in Karmsund Protein AS, a company engaged in the production of fish meal & fish oil.
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Key Report Highlights
Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators
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