The Business Research Company’s report on the Fish Powder Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the fish powder industry?
The increasing health consciousness is expected to drive the fish powder market going forward. Health consciousness refers to an individual’s awareness and proactive approach to maintaining and improving their health and well-being that encompasses a range of behaviors, attitudes, and beliefs related to physical fitness, nutrition, and lifestyle choices. The increasing health consciousness is fueled by factors such as the growing prevalence of lifestyle-related diseases such as obesity, diabetes, and heart disease, which have raised awareness about the importance of healthy living. Fish powder is an ideal choice for health-conscious consumers due to its high content of essential nutrients, including proteins, omega-3 fatty acids, and vitamins, which support overall well-being and promote a balanced, nutritious diet. For instance, in May 2022, according to a survey study among 1,005 American adults aged 18–80 and adult Gen Z consumers ages 18–24 conducted by the International Food Information Council, a US-based non-profit organization, around 52% of the participants followed a specific diet or eating pattern, up from 39% in 2021. Additionally, the top choices were clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the increasing health consciousness is driving the fish powder market.
Access Your Free Sample of the Global Fish Powder Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5943&type=smp
What is the estimated market size of the fish powder sector by 2029, based on current forecasts?
The fish powder market size has grown strongly in recent years. It will grow from $8.82 billion in 2024 to $9.47 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased consumer awareness of the nutritional benefits of fish, growth in demand for protein-rich and functional food ingredients, rise in health consciousness and preference for natural ingredients, expansion of aquaculture and fisheries industries, need for sustainable and eco-friendly food sources, demand for fish powder in animal feed and pet food industries.
The fish powder market size is expected to see strong growth in the next few years. It will grow to $12.26 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to adoption of fish powder as a flavor enhancer and natural umami ingredient, emphasis on waste reduction and utilization of fish by-products, need for omega-3 fatty acids and essential micronutrients in diets, expansion of fish powder in cosmetic and personal care products, growing demand for fish protein in sports and fitness nutrition. Major trends in the forecast period include microencapsulation of fish powder, clean label and natural processing, innovative packaging solutions, powdered fish oil and omega-3 supplements, fortification of food and beverages.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=5943&type=smp
Who are the top players in the fish powder market?
Major companies operating in the fish powder market include Austevoll Seafood ASA, Omega Protein Corporation, Daybrook Fisheries Inc., Cermaq Group AS, Kodiak Fishmeal Company, Pesquera Exalmar SAA, Nissui Corporation, Pesquera Hayduk S.A., Oceana Group Limited, Dalian Longyuan Fish Meal Co. Ltd., Marvesa Holding N.V., Tecnológica de Alimentos S.A., Croda International plc, Sursan Su Urunleri AS, Alaska Seafood International LLC, Pelagia AS, Scanbio Marine Group AS, Pioneer Fishing Pty Ltd., Sardina D.O.O., Novofood SA, Qingdao Future Group, Havsbrún, Norebo Holding AS, TripleNine Group A/S, United European Seafood Traders PTE LTD., Balticovo AS, Scoular Company, GC Rieber Oil AS, Austral Group SAA, FF Skagen A/S, GC Rieber Oils AS
What are the major trends in the fish powder market?
Technological advancements are shaping the fish powder market. The key players in the fish powder market are indulging in adopting various technological advancements to strengthen their position in the market. For instance, in January 2022, Cermaq Canada Ltd., a Canada-based salmon farming company, adopted aeration technology supplied by Poseidon Ocean Systems. Cermaq Canada has reported that a new aeration technology supplied by Poseidon Ocean Systems has helped them eliminate over 76,000 kg of CO2 emissions from their operations in 2021.
Which geography holds the highest fish powder market share?
Asia-Pacific was the largest region in the fish powder market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fish powder market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/fish-powder-global-market-report
How do different segments contribute to the overall expansion of the fish powder market?
The fish powder market covered in this report is segmented –
1) By Source: Whole Fish, By-Product
2) By Type: Steam Dried (SD) Fish Powder, Flame Dried (FD) Fish Powder
3) By Distribution Channel: B2B, B2C
4) By Application: Swine, Poultry, Aquaculture, Other Applications
5) By End-User: Food And Beverages, Sports Nutrition and Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals, Animal Feed, Fertilizer
Subsegments:
1) By Steam Dried (SD) Fish Powder: High-Protein Steam Dried Powder, Low-Odor Steam Dried Powder
2) By Flame Dried (FD) Fish Powder: Traditional Flame Dried Powder, High-Temperature Flame Dried Powder
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5943
How is the fish powder market defined?
Fish powder refers to the finely ground powder formed from cooked fish flesh. Fish powder prepared from leftover fish can be used to supplement staple foods including maize and cassava, increasing micronutrient concentrations in the meal.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
