Market Overview:
The global fish meal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fish meal from the aquaculture industry and rising awareness about its benefits among consumers. Fish meal is a high-quality protein source that is used as a feed ingredient in aquaculture, poultry, swine, and other livestock industries. It helps improve animal health and enhances their growth performance. The global fishmeal market has been segmented on the basis of type, application, and region. On the basis of type, it has been divided into whole fish meal, semi-skimmed fish meal, and defatted fishmeal. On the basis of application, it has been classified into aquaculture (freshwater & marine), poultry (broiler & layer), swine (feeder & finisher), and others (ruminants & pets).
Product Definition:
A dried, powdered feedstuff made from ground fish that has been cooked and then dried. It is used as a high-quality protein supplement in animal feeds.
Whole Fish Meal:
Whole fish meal is a by-product obtained from the processing of oily fish. It consists of amino acids, vitamins and minerals such as calcium & phosphorous which are essential for animal nutrition. The product helps to maintain optimum health in animals and boosts their immunity against diseases. Fish meal also improves feed conversion rates, increases weight gain & milk production in animals and reduces mortality rate owing to its high protein content which makes it an important ingredient in animal feed industry globally.
Semi-skimmed Fish Meal:
Semi-skimmed fish meal is a product that contains approximately 50% of the protein content of fish and can be used as an alternative to normal fish meals. It has a lower fat content and higher concentration of essential amino acids which makes it more valuable than other products in the market.
The demand for semi-skimmed products is increasing due to their low price, high nutritional value, easy availability,.
Application Insights:
Aquaculture was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product is widely used in aquaculture owing to its ability to promote muscle growth, enhance feed efficiency, improve feed quality and augment weight gain of aquafeed. Rising importance of fish meal as a source of essential amino acids such as lysine and methionine has encouraged farmers across the world to use it for growing cultured species including carp, catfish, tuna and salmon.
Poultry was another significant application segment accounting for a share of 29% in 2017 due to increasing poultry farming activities across developing countries including China India Bangladesh Vietnam Indonesia Philippines Brazil etc. Poultry keepers are increasingly using fish meal owing to its high protein content which helps develop strong muscles fast while enhancing egg production among other benefits.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of global aquaculture production, which has resulted in high demand for fish meal. China, India and Indonesia are among the top five producers of seafood globally. Moreover, increasing meat consumption coupled with rising awareness regarding animal welfare is likely to have a positive impact on industry growth over the next eight years.
North America accounted for more than 15% share of global revenue in 2016 owing to growing demand from end-use industries such as aquaculture and food & beverage sector along with expanding pet food industry. U.S., Canada and Mexico are amongst the leading producers of farmed salmon worldwide due to favorable climatic conditions that support high productivity levels compared to other regions including Europe or Chile Sea Bottom Trawl (STT).
Growth Factors:
- Increasing demand for high-quality protein in the diets of humans and livestock
- Aquaculture growth as a source of seafood, particularly in developing countries
- Rising prices for other animal feed ingredients, such as soybean meal and corn gluten meal
- New uses for fishmeal in aquafeeds, including feeds for shrimp, tilapia and other species
- Continued development of more sustainable production practices that reduce environmental impacts
Scope Of The Report
Report Attributes
Report Details
Report Title
Fish Meal Market Research Report
By Type
Whole Fish Meal, Semi-skimmed Fish Meal, Defatted Fish Meal
By Application
Aquaculture, Poultry, Swine, Others
By Companies
Oceana Group Limited S.A., Triplenine Group A/S, Empresas Copec S.A., Pesquera Diamante S.A., Pesquera Hayduk S.A., Ff Skagen A/S, Austevoll Seafood ASA, Biomega AS, Sardina D.O.O., Sarma Fish S.A.R.L, Pioneer Fishing Pty Ltd., Aker BioMarine Antarctic AS, TASA, Omega Protein Corporation, The Scoular Company, Calysta, Inc., Unibio A/S, Novus International Inc., Animalfeeds International Corporation, Alpha Atlantique
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Fish Meal Market Report Segments:
The global Fish Meal market is segmented on the basis of:
Types
Whole Fish Meal, Semi-skimmed Fish Meal, Defatted Fish Meal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aquaculture, Poultry, Swine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oceana Group Limited S.A.
- Triplenine Group A/S
- Empresas Copec S.A.
- Pesquera Diamante S.A.
- Pesquera Hayduk S.A.
- Ff Skagen A/S
- Austevoll Seafood ASA
- Biomega AS
- Sardina D.O.O.
- Sarma Fish S.A.R.L
- Pioneer Fishing Pty Ltd.
- Aker BioMarine Antarctic AS
- TASA
- Omega Protein Corporation
- The Scoular Company
- Calysta, Inc.
- Unibio A/S
- Novus International Inc.
- Animalfeeds International Corporation
- Alpha Atlantique
Highlights of The Fish Meal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Whole Fish Meal
- Semi-skimmed Fish Meal
- Defatted Fish Meal
- By Application:
- Aquaculture
- Poultry
- Swine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fish Meal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fish meal is a by-product of the fishing industry. It is made from ground up fish, and can be used as a feed for animals like pigs or chickens.
Some of the major players in the fish meal market are Oceana Group Limited S.A., Triplenine Group A/S, Empresas Copec S.A., Pesquera Diamante S.A., Pesquera Hayduk S.A., Ff Skagen A/S, Austevoll Seafood ASA, Biomega AS, Sardina D.O.O., Sarma Fish S.A.R.L, Pioneer Fishing Pty Ltd., Aker BioMarine Antarctic AS, TASA, Omega Protein Corporation, The Scoular Company, Calysta, Inc., Unibio A/S, Novus International Inc., Animalfeeds International Corporation, Alpha Atlantique.
The fish meal market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fish Meal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fish Meal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fish Meal Market - Supply Chain
4.5. Global Fish Meal Market Forecast
4.5.1. Fish Meal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fish Meal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fish Meal Market Absolute $ Opportunity
5. Global Fish Meal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fish Meal Market Size and Volume Forecast by Type
5.3.1. Whole Fish Meal
5.3.2. Semi-skimmed Fish Meal
5.3.3. Defatted Fish Meal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fish Meal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fish Meal Market Size and Volume Forecast by Application
6.3.1. Aquaculture
6.3.2. Poultry
6.3.3. Swine
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fish Meal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fish Meal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fish Meal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fish Meal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fish Meal Demand Share Forecast, 2019-2029
9. North America Fish Meal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fish Meal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fish Meal Market Size and Volume Forecast by Application
9.4.1. Aquaculture
9.4.2. Poultry
9.4.3. Swine
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fish Meal Market Size and Volume Forecast by Type
9.7.1. Whole Fish Meal
9.7.2. Semi-skimmed Fish Meal
9.7.3. Defatted Fish Meal
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fish Meal Demand Share Forecast, 2019-2029
10. Latin America Fish Meal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fish Meal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fish Meal Market Size and Volume Forecast by Application
10.4.1. Aquaculture
10.4.2. Poultry
10.4.3. Swine
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fish Meal Market Size and Volume Forecast by Type
10.7.1. Whole Fish Meal
10.7.2. Semi-skimmed Fish Meal
10.7.3. Defatted Fish Meal
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fish Meal Demand Share Forecast, 2019-2029
11. Europe Fish Meal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fish Meal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fish Meal Market Size and Volume Forecast by Application
11.4.1. Aquaculture
11.4.2. Poultry
11.4.3. Swine
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fish Meal Market Size and Volume Forecast by Type
11.7.1. Whole Fish Meal
11.7.2. Semi-skimmed Fish Meal
11.7.3. Defatted Fish Meal
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. y Application
11.10.4. By Sales Channel
11.11. Europe Fish Meal Demand Share, 2019-2029
12. Asia Pacific Fish Meal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fish Meal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fish Meal Market Size and Volume Forecast by Application
12.4.1. Aquaculture
12.4.2. Poultry
12.4.3. Swine
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fish Meal Market Size and Volume Forecast by Type
12.7.1. Whole Fish Meal
12.7.2. Semi-skimmed Fish Meal
12.7.3. Defatted Fish Meal
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fish Meal Demand Share, 2019-2029
13. Middle East & Africa Fish Meal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fish Meal Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fish Meal Market Size and Volume Forecast by Application
13.4.1. Aquaculture
13.4.2. Poultry
13.4.3. Swine
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fish Meal Market Size and Volume Forecast by Type
13.7.1. Whole Fish Meal
13.7.2. Semi-skimmed Fish Meal
13.7.3. Defatted Fish Meal
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fish Meal Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Fish Meal Market: Market Share Analysis
14.2. Fish Meal Distributors and Customers
14.3. Fish Meal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Oceana Group Limited S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Triplenine Group A/S
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Empresas Copec S.A.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pesquera Diamante S.A.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pesquera Hayduk S.A.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ff Skagen A/S
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Austevoll Seafood ASA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Biomega AS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sardina D.O.O.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sarma Fish S.A.R.L
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pioneer Fishing Pty Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aker BioMarine Antarctic AS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TASA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Omega Protein Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. The Scoular Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Calysta, Inc.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Unibio A/S
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Novus International Inc.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Animalfeeds International Corporation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Alpha Atlantique
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
