Published by mark itwired
Posted on October 8, 2021
6 min readLast updated: January 30, 2026
The fish powder market is growing due to rising demand in pet food and new technologies. Key players are expanding globally.
Driven by changing lifestyle and rapid urbanization, fish meal powder is expected to hold about 96% of the market revenue. It is a high quality and easily digestible source of food for pets, especially dogs. Fishmeal produced from oily fish is a source of omega-3 and omega-6 oils and other essential micronutrients. Therefore the rising demand for fishmeal as a healthy pet food is expected to bode well for the fish powder market. The most common sources of fishmeal for pets are whitefish and menhaden fishmeal.
In the last few years consumers have become more selective about their food choices. Rising awareness among consumers has spurred the demand for prefer healthier, better quality and ecological food products. Fish is a widely available nutrient rich food source with high protein, minerals and vitamin content. Therefore, fish consumption has considerably increased over the years. Projected to rise at a CAGR of ~6 between 2019 and 2026, Future Market Insights foresees stable growth for the market.
Key Takeaways from the Fish Powder Market Study
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“Key players are anticipated to focus on improving their horizontal integration to reduce the uncertainties associated with the supply of consistent quantity and quality of raw materials. Furthermore, upcoming entrants in the fish powder market are specifically expected to focus on incorporation of more advanced processing technologies mainly which are environment friendly as well as economical to grow as a leader in the market.” says an FMI analyst.
The consumption of fish has markedly increased on account of promotion campaigns undertaken and increasing consumers concerns regarding healthy and sustainable life. In addition to this, factors such as population growth, increase in per capita disposable income, healthy food consumption trend, and urbanization also have a positive impact on the market.
The demand for pet foods offering high protein, low carbohydrates and grain free diets is persistently increasing. In addition to this, there is a rise in the number of pet food products with “limited ingredients” and “novel ingredients” with an expanding “No” list of wheat, corn, soy, potato, beet pulp, beef and other byproducts. As a result these factors, fish meal has been quite popular among pet owners since the last few years.
Who is winning in Fish Powder Market?
Some of the key players operating in the fish powder market are Omega Protein Corporation, Bio-marine Ingredients Ireland Ltd., Scanbio Marine Group AS, Bio-Oregon Protein, Inc., TripleNine Group A/S, Sopropeche S.A., Alaska Protein Recovery LLC., Titan Biotech Limited, A Costantino & C. S.P.A., Oceana Group Limited S.A., Empresas Copec S.A., Ff Skagen A/S., Biomega AS., Sardina D.O.O., Pesquera Diamante S.A., Austevoll Seafood ASA., Colpex International S.A.C., Symrise AG, and others.
Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.
FISH POWDER MARKET TAXONOMY
The global fish powder market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product Type
End User
Distribution Channel
Region
Get Valuable Insights into Fish Powder Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global Fish Powder market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the Fish Powder market based on the product type (fish meal powder and fish protein powder), end user (food & beverages, cosmetics & personal care, sports nutrition & dietary supplement, pharmaceuticals, fertilizers, and animal feed (animal feed segment is further categorized into aqua feed, poultry, and swine)), and distribution channel (B2B and B2C (B2C is segmented into Store based retailing and online retailing) across seven major regions.
The post Future Market Insights Analyzes Impact of COVID-19 on Fish Powder Market; Stakeholders to Focus on Long-term Dimensions appeared first on Industry News Analsis.
The article discusses the impact of COVID-19 on the fish powder market and its growth prospects.
The market is projected to grow at a CAGR of ~6% between 2019 and 2026.
Key players are focusing on global expansion and improving manufacturing capabilities.
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