1. Home
  2. > Pharmaceutical
  3. > OTC
  4. > Dietary Supplement Market Trends
Fishmeal & Fish Oil Market by Type, Source, Livestock Application, Industrial Application & Region - Global Forecast to 2027

Fishmeal & Fish Oil Market by Type, Source, Livestock Application, Industrial Application & Region - Global Forecast to 2027

  • November 2022
  • 274 pages
  • ID: 4884888
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The global fishmeal & fish oil market is estimated to be valued at USD 12.1 billion in 2022. It is projected to reach USD 15.4 billion by 2027, with a CAGR of 4.9%, in terms of value between 2022 and 2027. The market is gaining momentum as fishmeal & fish oil continue to find increased applications across various livestock and industrial applications. The demand for fishmeal & fish oil is gaining significant traction in the industry, especially due to the rising focus on health and nutrition of livestock and pet animals coupled with increasing ageing population, especially in Asia Pacific region.
Additionally, the rising innovation in the fishmeal & fish oil market and technological advancements which are enhancing the efficiency of fishmeal & fish oil have contributed to the growth of the market in recent years.
• By type, fishmeal is expected to retain its position as the dominant segment over the forecast period.

Based on type, the fishmeal segment is likely to account for the dominant segment over the forecasted period. Fishmeal finds extensive applications across the feed industry and are used in livestock feed for a range of animals such as aquatic animals, swine, poultry, cattle, and pets to enhance their feed efficiency and provide a range of health benefits, which will continue to provide significant business opportunities to fishmeal over the forecasted period.
• By source, salmon & trout segment occupies the highest market share during the forecast period.

Based on source, salmon & trout accounted for the highest market share among all other segments.Salmon & trout contains significant amount of fishmeal & fish oil in salmonoid feed formulation, which is considered essential in enriching the nutrient content of their feed.

The high demand and applicability of fishmeal and fish oil in the salmon & trout feeds will continue to present significant growth opportunities over the forecasted period.

By industrial application, aquaculture is forecasted to account for the dominant segment during the forecasted period.

Based on livestock, aquaculture segment is likely to dominate over the forecasted period owing to the significant growth of the aquaculture industry and rapidly improving production and output in recent years, which has contributed to its growing demand.Fishmeal is considered the most widely used and popular feed ingredient for aquaculture as it provides all the essential nutrients needed for farmed fish, which are not available in other ingredients.

As a result of the rapidly growing aquaculture industry, fishmeal and fish oil will continue to find significant industrial applications in the aquaculture industry.

By livestock application, aquatic animals are expected to retain their position as the dominant segment over the forecast period.
Based on livestock application, aquatic animals segment is expected to account for the largest market share over the forecast period because of the growing demand of high-quality and premium aquatic feed ingredients. With the rise in demand and productivity of aquaculture industry, and desirable characteristics of fishmeal and fish oil to enhance feed efficiency, nutrient intake, digestion and absorption in aquatic animals, they are likely to continue to witness significant demand over the forecasted period.

The Asia Pacific region accounts for the dominant market share for the fishmeal & fish oil market during the forecast period
Asia Pacific region is expected to retain its position as the dominant region for fishmeal & fish oil market during the forecasted period.The region’s large market share is attributed to a variety of reasons such as increase in ageing population and rising level of awareness regarding health and nutrition of livestock animals which contributes to the higher demand of fishmeal & fish oil in the region.

The region’s growth has also been bolstered due to the presence of a significant number of major fishmeal & fish oil manufacturing companies. The growing aquaculture and livestock industries in the Asia Pacific region, will continue to present significant business opportunities over the forecasted period.

Break-up of Primaries
• By Company Type: Tier 1 – 25%, Tier 2 – 45% and Tier 3 – 30%
• By Designation: Manager- 35%, CXOs– 35%, and Executives – 30%
• By Region: Asia Pacific – 55%, Europe - 15%, North America- 20%, and RoW- 10%

Leading players profiled in this report include the following:
• FKS Multi Agro (Indonesia)
• Mukka Proteins Limited (India)
• Arbee (India)
• Sandakan Fishmeal Sdn Bhd (Malaysia)
• Wudi Deda Agriculture Co., Ltd. (China)
• Raj Fishmeal and Oil Company (India)
• Asia Fish Oil Corporation (Vietnam)
• Dai Dai Thanh Seafoods (Vietnam)
• Pattani Fish Meal (1988) Co., Ltd. (Thailand)
• Austevoll Seafood ASA (Norway)

Research Coverage
This report segments the fishmeal & fish oil market on the basis of type, livestock application, industrial application, source, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the fishmeal & fish oil market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

Reasons to buy this report
• To get a comprehensive overview of the fishmeal & fish oil market
• To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
• To gain insights into the major countries/regions, in which the fishmeal & fish oil market is flourishing

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on