Global Fish Meal Market: In-Depth Analysis and Forecasts for 2024-2029
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Fish Meal Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Fish Meal Market: 2024-2029
The Global Fish Meal Market size is valued at around USD 205 billion in 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-29. Fish meal acts as a vital constituent in many industries, such as agriculture, fertilizer, and animal feed, due to its nutrient-rich content such as high protein, Omega3, fatty acids, and minerals. The demand for vitamin-rich fish has increased from the aqua feed, driving the market growth.
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What are the primary factors driving the growth of the Fish Meal Market?
Rising Adoption of Fish Meal Due to its Nutritional Contents to Thrive the Market Growth – The Global Fish Meal Market has been experiencing considerable adoption as fish meal contains high quality & quantities of nutrition such as proteins, minerals, fatty acids, etc. It is a valuable source of protein derived from fish processing and also acts as a typical constituent in aquaculture, agriculture, and majorly in animal feed. The usage of this meal, soil fertility & crop yields can be improved due to its phosphorous & high nitrogen content, thus contributing to the overall market growth.
Moreover, to meet the increasing demand for seafood products for the rising population in the world, the aquaculture industry needs fish meals as a good solution as they contain numerous nutrients. In addition, the environmentally friendly trait of fish meals further aids the consumer’s preferences for sustainable & organic solutions for agriculture strategies. Thus, such aspects of the fish meals to drive the overall market during the forecast period.
Fish Meal Market Segmentation:
The Fish Meal market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Nature
- Organic- Market Size & Forecast 2018-2028F, USD Million
- Conventional- Market Size & Forecast 2018-2028F, USD Million
By Source
- Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
- Marine Fish- Market Size & Forecast 2018-2028F, USD Million
- Crustaceans- Market Size & Forecast 2018-2028F, USD Million
- Tilapia- Market Size & Forecast 2018-2028F, USD Million
- Others (Catfish, Tuna, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Application
- Animal Feed- Market Size & Forecast 2018-2028F, USD Million
- Aqua Feed- Market Size & Forecast 2018-2028F, USD Million
- Poultry- Market Size & Forecast 2018-2028F, USD Million
- Pharmaceuticals- Market Size & Forecast 2018-2028F, USD Million
- Others (Dietary Supplements, Fertilizers, etc.)- Market Size & Forecast 2018-2028F, USD Million
By End User
- Aquaculture- Market Size & Forecast 2018-2028F, USD Million
- Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
- Marine Fish- Market Size & Forecast 2018-2028F, USD Million
- Others (Crustaceans, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
- Poultry- Market Size & Forecast 2018-2028F, USD Million
- Swine- Market Size & Forecast 2018-2028F, USD Million
- Others (Exotic meats, small ruminants, etc.)- Market Size & Forecast 2018-2028F, USD Million
Geographical Analysis into the Fish Meal Market:
The Fish Meal market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Fish Meal Market Share Analysis:
The competitive landscape of the Fish Meal Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- Omega Protein Corporation
- Pesquera Diamente S.A.
- Calysta Inc.
- Pesquera Hayduk SA
- Oceana Group Limited S.A.
- Sardina D.O.O
- TripleNine Group A/S
- Empresas Copec S.A.
- Animal Feeds International Corporation
- FF Skagen A/S
- Orizon SA
- Sarma Fish S.A.R.L.
- Pioneer Fishing Pt Ltd.
- Aker BioMarine Antarctic AS
- The Scouler Company
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Questions Addressed in this Study
- What factors are driving the Fish Meal Market growth?
- How is the Fish Meal Market expected to grow over the next five years?
- What are the key insights into the current trends in the Fish Meal Market?
- What is the current size of the Fish Meal Market, and how is it projected to change in the future?
- What is the future outlook for the Fish Meal Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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