Fish Meal Market Competitive Landscape and Major Players Strategy
The Fish Meal Market is defined as a market and production of protein powder derived out of fish and used widely in aqua-feeding, animal feed, and pet food. Fish meal is produced mainly through processing of whole fish or fish by-products to a high-protein nutrient-rich powder.
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Market Drivers
1.Spark in Fish Farming and the Enhancement of Protein Food Demand
The growing aquaculture sector is one of the market boosters. The FAO estimated that more than 50% of the world fish supply now comes through aquaculture and the fish meal is an important component of the diet of farmed fish. It also has balanced protein content and essential nutrients, which increase the rate of fish growth and the rate of its conversion of feeds.
2. Livestock and Pet Nutrition Market Growth
Fish meal is gaining momentum in poultry and swine diet besides its application in the form of aquaculture because of its high protein density and digestibility.
Source Segment Analysis: Whole Fish
The source segment that dominates fish meal market is the whole fish, which has the highest share of production world over. Whole fish species that have been widely utilized include anchovies, menhaden and sardines because of their high oil content and abundance.
Form Segment Analysis: Powder
The most widespread form is the powdered fish meal which is also the most commercially available in the world. Transportation and storage as well as inclusion in compound feed formulas can easily be done. It has a long shelf life and can be easily mixed with other ingredients and thus can be used in aqua farming, poultry, pigs, and pet food.
Browse "Fish Meal Market Report" with in-depth TOC :
https://www.metatechinsights.com/industry-insights/fish-meal-market-2521
Regional Analysis: North America and Europe
The fish meal market in North America is experiencing stable growth as investments in the fish aquaculture industry continue to grow, along with the need to produce sustainable feed ingredients. The U.S. especially is getting into sustainable aquaculture practices and considers fish meal a good proteins source that is reliable. Due to huge markets of pet foods and the existence of great production of poultry, the product of high-quality fish meal is still in demand.
Fish meal industries in Europe are being influenced by stringent sustainability laws and the motivation to use circular economy concepts. Responsible sourcing The use of fishery by-products such as Norway, Denmark and the UK is being utilized to make fish meal. With a strong aquaculture sector particularly in salmon farming, the demand of sustainable fish meal in the European aquaculture has remained high. The area also has clean-label and organic livestock feeding which contributes to the growth of the market.
Competitive Landscape and Industry Players
The global fish meal market is moderately consolidated with a mix of multinational and regional players competing on sustainability, sourcing practices, and feed innovation.
Major industry players include:
• Oceana Group Limited
• Pelagia AS
• FF Skagen A/S
• TripleNine Group A/S
• The Scoular Company
• Pesquera Diamante S.A.
• COPEINCA ASA
• Austevoll Seafood ASA
Buy Now Fish Meal Market Report at:
https://www.metatechinsights.com/checkout/2521
Fish Meal Market Competitive Landscape and Major Players Strategy
The Fish Meal Market is defined as a market and production of protein powder derived out of fish and used widely in aqua-feeding, animal feed, and pet food. Fish meal is produced mainly through processing of whole fish or fish by-products to a high-protein nutrient-rich powder.
Request FREE sample copy of the report "Fish Meal Market" at: https://www.metatechinsights.com/request-sample/2521
Market Drivers
1.Spark in Fish Farming and the Enhancement of Protein Food Demand
The growing aquaculture sector is one of the market boosters. The FAO estimated that more than 50% of the world fish supply now comes through aquaculture and the fish meal is an important component of the diet of farmed fish. It also has balanced protein content and essential nutrients, which increase the rate of fish growth and the rate of its conversion of feeds.
2. Livestock and Pet Nutrition Market Growth
Fish meal is gaining momentum in poultry and swine diet besides its application in the form of aquaculture because of its high protein density and digestibility.
Source Segment Analysis: Whole Fish
The source segment that dominates fish meal market is the whole fish, which has the highest share of production world over. Whole fish species that have been widely utilized include anchovies, menhaden and sardines because of their high oil content and abundance.
Form Segment Analysis: Powder
The most widespread form is the powdered fish meal which is also the most commercially available in the world. Transportation and storage as well as inclusion in compound feed formulas can easily be done. It has a long shelf life and can be easily mixed with other ingredients and thus can be used in aqua farming, poultry, pigs, and pet food.
Browse "Fish Meal Market Report" with in-depth TOC : https://www.metatechinsights.com/industry-insights/fish-meal-market-2521
Regional Analysis: North America and Europe
The fish meal market in North America is experiencing stable growth as investments in the fish aquaculture industry continue to grow, along with the need to produce sustainable feed ingredients. The U.S. especially is getting into sustainable aquaculture practices and considers fish meal a good proteins source that is reliable. Due to huge markets of pet foods and the existence of great production of poultry, the product of high-quality fish meal is still in demand.
Fish meal industries in Europe are being influenced by stringent sustainability laws and the motivation to use circular economy concepts. Responsible sourcing The use of fishery by-products such as Norway, Denmark and the UK is being utilized to make fish meal. With a strong aquaculture sector particularly in salmon farming, the demand of sustainable fish meal in the European aquaculture has remained high. The area also has clean-label and organic livestock feeding which contributes to the growth of the market.
Competitive Landscape and Industry Players
The global fish meal market is moderately consolidated with a mix of multinational and regional players competing on sustainability, sourcing practices, and feed innovation.
Major industry players include:
• Oceana Group Limited
• Pelagia AS
• FF Skagen A/S
• TripleNine Group A/S
• The Scoular Company
• Pesquera Diamante S.A.
• COPEINCA ASA
• Austevoll Seafood ASA
Buy Now Fish Meal Market Report at: https://www.metatechinsights.com/checkout/2521