According to the latest report of the IMARC group, entitled “Fishmeal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global fishmeal market is expected to grow at a CAGR of 7.6% during the period 2022-2027. Fishmeal is a dry, nutrient-dense commercial food that is prepared by pressing, drying, cooking , grinding and crushing fish flesh trimmings and by-products in machinery.It is mainly produced from small species of fish including capelin, menhaden, sardine and anchovy, which contain a lot of oil and bones.Fishmeal is a rich source of calcium, phosphorus, amino acids and protein which maintain the proper functioning of the immune system, improve food conversion rate (FCR) and improve absorption of nutrients.Therefore, it is mainly used as a product fertilizer for aquaculture species, poultry and farm animals to promote their overall growth.Currently, it is widely available in the form of powder and cake.
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The growth of the global fishmeal market can be attributed to the steady growth of the aquaculture industry and the growing need for high quality seafood products. Additionally, the growing need for naturally occurring nitrogen and protein enriched additives has facilitated the widespread adoption of fishmeal in the pharmaceutical and nutraceutical industries to promote instant plant growth. Additionally, growing health concerns and increased production of meat and dairy products have led to increased demand for high-quality food additives, such as fishmeal, to improve metabolism and reduce the risk of heart disease. epidemics in farm animals, which is fueling the growth of the market. . Furthermore, the prevalence of chronic disorders due to the ingestion of heavy metals present in traditionally cultured seafood products and the growing awareness among users of the benefits of fishmeal are supporting the growth of the market.
Competitive Analysis and Segmentation of the Fishmeal Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the Fishmeal Market has been studied in the report along with the detailed profiles of key players operating in the market.
Some of these key players include:
- Austral SAA Group
- Corpesca SA (Empresas Copec SA)
- FF Skagen A/S
- Omega Protein Corporation (Cooke Inc)
- Pesquera Diamante SA (Diamond Fishing)
- Pesquera Exalmar SAA
- Pesquera Hayduk SA
- TripleNine Group
Key Market Segmentation:
The report has segmented the global fishmeal market on the basis of raw material, species, application and region.
Breakdown by raw material:
- whole fish
- Byproduct of Wild Capture
- Aquaculture by-product
Breakdown by species:
Breakdown by application:
- Salmon and Trout
- marine fish
Breakdown by region:
- United States
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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