Global Fishmeal & Fish Oil Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Source;

Salmon & Trout, Marine Fish, Crustaceans, Tilapia, and Carps.

By Application;

Aquaculture & Aquatic Feeds, Land Animal Feeds & Livestock, Agriculture & Fertilizers, Pharmaceuticals, and Dietary Supplements

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn126567651 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Fishmeal & Fish Oil Market (USD Million), 2020 - 2030

In the year 2023, the Global Fishmeal & Fish Oil Market was valued at USD 12,669.53 million. The size of this market is expected to increase to USD 17,590.96 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The Fishmeal & Fish Oil market is poised for substantial growth, expected to rise significantly from 2023 to 2033. The sales of fishmeal & fish oil are projected to register a steady Compound Annual Growth Rate (CAGR) . Several factors are driving the demand for fishmeal & fish oil. These products offer numerous nutritional benefits and are rich sources of omega-3 fatty acids EPA and DHA, which are crucial for human health. There's a growing use of fishmeal and fish oil in swine and poultry diets, along with advancements in aquaculture productivity and environmental performance, leading to increased farm standardization levels.

Fishmeal and Fish Oil find applications in various sectors, including pharmaceuticals, where they are used in antibiotic preparation and improving cognitive health. Research and development efforts aimed at enhancing procurement practices and streamlining the industry's value chain are driving market growth. Technological innovations and advancements in the fishmeal & fish oil sector are also contributing significantly to market expansion, increasing efficiency and productivity. The fishmeal & fish oil market is witnessing a surge in innovation and technological advancements, coupled with growing trends in the health market. As aquaculture and agribusiness industries continue to expand, the demand for fish feed and oil is expected to follow suit, presenting promising opportunities for market growth in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Fishmeal & Fish Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Aquaculture Feed
        2. Rising Awareness of Health Benefits
        3. Expansion of Pet Food Industry
        4. Advancements in Processing
        5. Regulatory Support for Sustainable Fisheries
      2. Restraints
        1. Environmental Concerns
        2. Consumer Preferences and Perception
        3. Regulatory Uncertainty
      3. Opportunities
        1. Expansion of Functional Food and Nutraceuticals:
        2. Innovation in Product Development
        3. Strategic Partnerships and Collaborations
        4. Focus on Sustainability and Traceability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fishmeal & Fish Oil Market, By Source, 2020 - 2030 (USD Million)
      1. Salmon & Trout
      2. Marine Fish
      3. Crustaceans
      4. Tilapia
      5. Carps
    2. Global Fishmeal & Fish Oil Market, By Application, 2020 - 2030 (USD Million)
      1. Aquaculture & Aquatic Feeds
      2. Land Animal Feeds & Livestock
      3. Agriculture & Fertilizers
      4. Pharmaceuticals
      5. Dietary Supplements
    3. Global Fishmeal & Fish Oil Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Austevoll Seafood ASA
      2. Colpex International SAC
      3. Corpesca S.A.
      4. Corporacion Pesquera Inca S.A.C.
      5. Croda International PLC
      6. FF Skagen A/S
      7. FMC Corporation
      8. Gc Rieber Oil
      9. Marvesa Holding NV
      10. Mukka Sea Foods Industries Pvt. Ltd.
      11. Oceana Group Ltd.
      12. Omega Protein Corporation
      13. Orizon S.A.
      14. Pesquera Exalmar S.A.A.
      15. Pioneer Fishing
      16. Scoular Company
      17. SURSAN
      18. Tasa
      19. TripleNine Group A/S
  7. Analyst Views
  8. Future Outlook of the Market