Fish Powder Market

By Product Type;

Fish Meal Powder and Fish Protein Powder

By Source;

Whole Fish and By-Product

By Species;

Short-Lived, Long-Lived, Low-Fat and White Flesh

By Distribution Channel;

B2B and B2C - [Store-Based Retailing and Online Retailing]

By End User;

Aquaculture, Animal Feed, Poultry, Sports Nutrition & Dietary Supplements, Cosmetics & Personal Care, Pharmaceuticals and Fertilizers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn943951592 Published Date: October, 2025 Updated Date: November, 2025

Fish Powder Market Overview

Fish Powder Market (USD Million)

Fish Powder Market was valued at USD 9,758.41 million in the year 2024. The size of this market is expected to increase to USD 15,930.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.3%.


Fish Powder Market

*Market size in USD million

CAGR 7.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.3 %
Market Size (2024)USD 9,758.41 Million
Market Size (2031)USD 15,930.05 Million
Market ConcentrationMedium
Report Pages384
9,758.41
2024
15,930.05
2031

Major Players

  • Croda international plc.
  • Empresas copec s.a.
  • Biomega as
  • Oceana group limited
  • Omega protein corporation
  • Fmc corporation
  • Austevoll seafood ASA
  • Calysta, Inc.
  • Pioneer fishing (pty), ltd.
  • The scoular company
  • Aker bio marine antarctic as
  • SARMA FISH S.A.R.L
  • Animalfeeds international corporation
  • Alpha atlantique
  • Novus Animal Nutrition

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Fish Powder Market

Fragmented - Highly competitive market without dominant players


The Fish Powder Market is gaining momentum as industries recognize its value in nutrition, agriculture, and sustainable solutions. Nearly 63% of demand comes from its function as a protein-rich ingredient in foods, supplements, and feed formulations. Its versatility makes it a dependable choice for improving health outcomes and supporting eco-conscious practices.

Contribution to Human Nutrition
In the food and wellness space, fish powder is increasingly favored for its nutrient density. About 58% of buyers associate it with stronger immunity, bone health, and improved energy levels. Enriched with omega-3 fatty acids, proteins, and essential minerals, it continues to play a vital role in functional diets and health-driven product lines.

Importance in Animal Feed
Roughly 55% of utilization comes from animal feed, particularly in aquaculture and livestock diets. Its digestible protein and amino acid profile enhance growth rates, immunity, and feed efficiency. This consistent adoption highlights fish powder’s ability to meet the rising demand for sustainable animal nutrition across farming sectors.

Adoption in Agriculture
As sustainable farming gains ground, nearly 49% of agricultural applications incorporate fish powder as a natural soil improver. Its bioactive compounds, peptides, and minerals enrich soil fertility and improve crop yields. Serving as an eco-friendly substitute for synthetic inputs, it aligns with the push toward organic farming practices.

Drivers:

  • Increasing Demand for Protein-Rich Diets
  • Growth in Aquaculture Industry
  • Health and Wellness Trends - The health and wellness trends shaping consumer preferences have significantly influenced the demand for fish powder across various food and nutritional product segments. Consumers are increasingly seeking healthy and natural ingredients in their diets, driven by a growing awareness of the importance of nutrition in overall well-being. This shift in consumer behavior has propelled the demand for fish powder, primarily due to its rich nutritional profile and numerous health benefits. Fish powder stands out as a valuable ingredient in the development of functional foods, dietary supplements, and pet foods due to its concentrated source of essential nutrients. One of the key components driving its popularity is its omega-3 fatty acid content, particularly eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), which are known for their various health-promoting properties.

    These fatty acids play crucial roles in supporting cardiovascular health, brain function, and reducing inflammation in the body, making them highly sought-after by health-conscious consumers. In addition to omega-3 fatty acids, fish powder is also rich in vitamins such as vitamin D, vitamin B12, and minerals like selenium and iodine. These nutrients are essential for maintaining healthy bones, immune function, nerve signaling, and thyroid health. As consumers become more informed about the nutritional content of their food and supplements, they actively seek out products that offer a comprehensive array of vitamins, minerals, and beneficial compounds, further boosting the demand for fish powder. The alignment of fish powder with health and wellness trends extends beyond human nutrition to pet foods and animal supplements. Pet owners, mirroring their own dietary preferences, prioritize natural and nutritious ingredients for their pets' diets. Fish powder's nutritional benefits, including protein content, omega-3 fatty acids, and micronutrients, make it a desirable ingredient for formulating premium pet foods that support overall pet health, coat condition, joint health, and cognitive function.

Restraints:

  • Sustainability Concerns
  • Price Volatility - Price volatility in the fish powder market is influenced by several factors that can lead to fluctuations in supply, production costs, and ultimately, market stability. One of the primary contributors to price volatility is the variability in fish stocks, which can be affected by natural factors such as environmental changes, overfishing, and ecosystem disruptions. Unpredictable shifts in fish populations can disrupt fishing yields, leading to fluctuations in raw material availability for fish powder production. This scarcity or abundance of fish stocks directly impacts the cost of raw materials, influencing overall production costs for manufacturers. Weather conditions also play a significant role in price volatility within the fish powder market. Adverse weather events such as storms, hurricanes, or extreme temperature variations can disrupt fishing activities, affecting the quantity and quality of fish catches. These disruptions can lead to temporary shortages in fish supply, driving up prices due to increased demand and limited availability.

    Conversely, favorable weather conditions may boost fishing yields, leading to temporary surpluses and subsequent price adjustments in the market. Market demand dynamics represent another key factor contributing to price volatility. Shifts in consumer preferences, dietary trends, or changes in the food and feed industries' requirements can influence the demand for fish powder. Increased demand from sectors such as aquafeed production, pet food manufacturing, or functional food formulations can exert upward pressure on prices, especially during periods of limited supply or production constraints. Conversely, periods of reduced demand or market saturation may lead to price adjustments to stimulate sales and maintain market competitiveness. The impact of price volatility extends beyond production costs, affecting the profitability and financial stability of manufacturers, suppliers, and other stakeholders in the fish powder supply chain. Fluctuations in prices can necessitate strategic planning, risk management strategies, and adaptive pricing policies to mitigate potential losses and maintain profitability. Market players may also explore diversification strategies, alternative sourcing options, or value-added product offerings to navigate price volatility challenges effectively.

Opportunities:

  • Innovations in Processing Technologies
  • Expansion in Emerging Markets
  • Diversification of Applications - The diversification of applications for fish powder beyond its traditional uses in food and feed sectors presents significant opportunities for market expansion and revenue growth. Beyond being a valuable source of nutrition for humans and animals, fish powder's unique properties make it suitable for a range of non-traditional applications such as pharmaceuticals, cosmetics, and functional ingredients. In the pharmaceutical industry, fish powder's bioactive compounds, including omega-3 fatty acids and peptides, offer potential health benefits such as anti-inflammatory properties, cardiovascular support, and cognitive health enhancement. Pharmaceutical companies are exploring the incorporation of fish powder extracts or derivatives in dietary supplements, nutraceuticals, and pharmaceutical formulations targeting specific health conditions.

    This utilization aligns with growing consumer awareness of preventive healthcare and natural remedies, driving demand for functional ingredients derived from fish sources. Cosmetics and personal care industries are also recognizing the benefits of fish powder in skincare, haircare, and beauty products. Fish powder's protein content, amino acids, and essential fatty acids contribute to moisturizing, anti-aging, and skin-repairing properties. Formulations containing fish powder extracts or hydrolysates are utilized in moisturizers, serums, hair treatments, and supplements targeting skin health, collagen production, and hair strength. The natural origin and sustainable sourcing of fish powder align with consumer preferences for eco-friendly and effective cosmetic ingredients. Moreover, the functional food and beverage sector is exploring innovative ways to incorporate fish powder into products targeting specific health benefits such as joint health, sports nutrition, and immune support. Fish powder's nutritional profile, including high-quality proteins, vitamins, and minerals, makes it a versatile ingredient for fortifying beverages, snacks, and functional food products. These developments tap into niche markets focused on wellness, performance enhancement, and healthy aging, driving consumer interest and market growth in functional food segments. By leveraging fish powder's nutritional and functional properties, manufacturers can tap into new consumer segments, differentiate their products in competitive markets, and capture opportunities in evolving health and wellness trends. Collaboration with research institutions, regulatory compliance, and communication of product benefits and safety are essential for successful market entry and acceptance in non-traditional application areas. Overall, the diversification of fish powder applications reflects innovation, market responsiveness, and the industry's ability to meet evolving consumer demands across various sectors beyond traditional food and feed industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Source
    3. Market Snapshot, By Species
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Fish Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Protein-Rich Diets
        2. Growth in Aquaculture Industry
        3. Health and Wellness Trends
      2. Restraints
        1. Sustainability Concerns
        2. Price Volatility
      3. Opportunities
        1. Innovations in Processing Technologies
        2. Expansion in Emerging Markets
        3. Diversification of Applications
    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. Fish Powder Market, By Product Type, 2021 - 2031 (USD Million)
      1. Fish Meal Powder
      2. Fish Protein Powder
    2. Fish Powder Market, By Source, 2021 - 2031 (USD Million)
      1. Whole Fish
      2. By-Product
    3. Fish Powder Market, By Species, 2021 - 2031 (USD Million)
      1. Short-Lived
      2. Long-Lived
      3. Low-Fat
      4. White Flesh
    4. Fish Powder Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. B2B
      2. B2C
        1. Store-Based Retailing
        2. Online Retailing
    5. Fish Powder Market, By End User, 2021 - 2031 (USD Million)
      1. Aquaculture
      2. Animal Feed
      3. Poultry
      4. Sports Nutrition & Dietary Supplements
      5. Cosmetics & Personal Care
      6. Pharmaceuticals
      7. Fertilizers
    6. Fish Powder Market, By Geography, 2021 - 2031 (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. Omega Protein Corporation
      3. Daybrook Fisheries Inc.
      4. Cargill Incorporated
      5. Nutreco N.V.
      6. BioMar A/S
      7. Alltech Coppens Alimentación Acuicultura S.L.
      8. Aker BioMarine ASA
      9. Nippon Suisan Kaisha Ltd.
      10. Tecnológica de Alimentos S.A.
      11. Copeinca
      12. Pesquera Diamante S.A.
      13. Cermaq Group AS
      14. Kodiak Fishmeal Company
      15. Pelagia AS
  7. Analyst Views
  8. Future Outlook of the Market