According to the latest report by IMARC Group, titled “Fish Protein Hydrolyzate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global fish protein hydrolyzate market fish grew at a CAGR of around 5% in 2015-2020. Going forward, the market is expected to show moderate growth over the period 2021-2026.
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Fish Protein Hydrolyzate (FPH) refers to a bioactive compound produced using broken down fish protein. The compound is obtained by breaking down ground fish meat with enzymes, such as trypsin, pepsin and chymotrypsin to break down proteins into peptides and amino acids. Both saltwater and freshwater fish, including anchovies, shellfish, tuna, salmon, and sardines, can be used to produce FPH. It acts as a rich source of fatty acids, which helps maintain cardiovascular health and blood pressure levels. FPH is generally used as a food binder, gelling agent, nutritional supplement, emulsifier, etc.
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The growth of the pharmaceutical industry in the world is the main driver for the growth of the market. Several health benefits associated with FPH, such as minimizing the risk of hypertension and building lean muscle mass, have led to its use in sports nutrition and protein supplements. Additionally, FPH is also used as an alternative hypoallergenic protein for infants with glucose and lactose intolerance and for the treatment of Crohn’s disease and irritable bowel syndrome. Additionally, rising disposable income levels and growing use of FPH in cosmetics for its anti-aging properties are further increasing the global market.
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List of key companies covered in this market report:
- Alaska Protein Recovery LLC
- Bio-Marine Ingredients Ireland Ltd.
- Dramm Society
- Gelita AG
- Great Pacific BioProducts Ltd.
- Hofseth Biocare ASA (OTCMKTS: HOFBF)
- Janatha Fishmeal and Petroleum Products
- Scanbio Marine Group AS
- Symrise S.A. (TEN: SY1)
- United Fisheries Ltd.
The report has segmented the market based on technology, shape, type of fish, application, and geography.
Breakdown by technology:
- Acid hydrolysis
- Autolytic hydrolysis
- Enzymatic hydrolysis
Breakdown by form:
Breakdown by type of fish:
Breakdown by application:
- Animal feed and pet food
- Beauty products
Geographical distribution :
- North America (USA and Canada)
- Europe (Germany, UK, France, Italy, Spain, Russia and others)
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
- Latin America (Brazil, Mexico)
- Middle East and Africa
Main highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
|Market size value in 2020:||XX billion US dollars|
|Rate of growth:||CAGR of 5% from 2021 to 2026|
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