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Fish Protein Market

Fish Protein Market Size, Share and Segmentation by Type (Fish Protein Hydrolysates, Fish Protein Powder, Others), by Application (Food Industry, Feed Industry, Pharmaceuticals, Cosmetic, Agriculture Industry, Others) by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1371 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Fish protein market was esteemed at $3.58 billion out of 2021 and is assessed to reach $5.94 billion by 2028, enlisting a CAGR of 5.8% from 2022 to 2028.

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 protein Market Revenue Graph

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.

Market Dynamics:

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.

Impact of Covid-19:

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.

Market Estimation:

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.

Key Market Segments:

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

Fish Protein Market Segment Chart

Regional Analysis:

  • 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.

Major Key Players:

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

Fish Protein Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 3.58  Billion
Market Size by 2028 US$ 5.94 Billion
CAGR CAGR 5.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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.


Frequently Asked Questions (FAQ) :

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 the Ukraine and Russia war

 

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

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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.

Secondary Research

Step 2: Primary Research

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