Market Overview:
The global marine protein hydrolysates market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for functional food and pharmaceutical products. Marine protein hydrolysates are used as a source of nutrition and as an ingredient in various food products, owing to their high nutritional value. They are also used in the pharmaceutical industry for the development of drugs and nutraceuticals. North America is expected to lead the global marine protein hydrolysates market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A marine protein hydrolysate is a substance made from the breakdown of proteins in seafood. It is often used as a food additive or supplement to improve the flavor, texture, and nutritional value of foods. Marine protein hydrolysates are also believed to have health benefits, such as improved joint function and reduced inflammation.
Liquid:
Liquid is a form of dry reagent used in the detection and measurement of amino acids, vitamins, minerals and other components in biological fluids such as blood & urine. Liquid is also used for the extraction process of marine protein hydrolysates.
Powder:
Powder is a dry, free-flowing solid that consists of organic and inorganic compounds. It can be produced using various raw materials such as corn starch, rice flour, wheat flour and others. Powder has high water holding capacity which makes it an ideal ingredient for use in protein hydrolysates formulation.
Application Insights:
Health and functional food was the largest application segment in 2016, accounting for over 55% of the overall revenue share. Marine protein hydrolysates are widely used in health and functional foods on account of their excellent nutritional profile coupled with bio-active ingredients that support various body functions. These ingredients help strengthen immunity, improve digestive system functioning, enhance brain function as well as promote weight loss among other benefits.
The pharmaceutical segment is expected to witness a CAGR of XX% from 2017 to 2030 owing to increasing product demand for manufacturing drugs against diseases such as cancer and Alzheimer¢â‚¬â„¢s disease which involves extensive research on marine proteins being one of the important components involved in drug formulations. Furthermore, rising R&D investments by major industry players for developing innovative products is also anticipated to boost market growth over the forecast period (see table below).
Regional Analysis:
Asia Pacific was the leading regional market in terms of revenue and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global fishing capacity, 70% of global seafood production, and 50% of global marine protein consumption. Rising demand from developing countries such as China, India, Indonesia and Malaysia coupled with increasing per capita income is anticipated to drive growth over the coming years.
Europe accounted for a significant share in 2016 owing to rising consumer awareness regarding bio-based ingredients along with growing environmental concerns among manufacturers has resulted in increased product demand across this region. Stringent regulations on synthetic chemicals being used as food additives are also expected to have a positive impact on industry growth over the next eight years.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of marine protein hydrolysates market.
- Growing awareness about the health benefits of marine protein hydrolysates is fueling its demand among consumers.
- The increasing popularity of functional foods is propelling the growth of marine protein hydrolysates market.
- Rising disposable income of consumers is enabling them to purchase premium quality food products, including marine protein hydrolysates.
- The growing trend of veganism and vegetarianism is boosting the sales of plant-based proteins, which in turn is aiding the growth of marine protein hydrolysates market
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Protein Hydrolysates Market Research Report
By Type
Liquid, Powder, Others
By Application
Health / Functional Food, Pharmaceutical, Other
By Companies
Marine Protein, Zymtech Production, ScanBio, Bio-Marine Ingredients, Hofseth Biocare ASA, Nutrifish, Sopropoche, NAN Vietnam, Copalis Sea Solutions, Green Fertilizer Solution, Marine Protein, Rossyew, BlueWave Marine Ingredients
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Marine Protein Hydrolysates Market Report Segments:
The global Marine Protein Hydrolysates market is segmented on the basis of:
Types
Liquid, Powder, Others
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
Health / Functional Food, Pharmaceutical, Other
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:
- Marine Protein
- Zymtech Production
- ScanBio
- Bio-Marine Ingredients
- Hofseth Biocare ASA
- Nutrifish
- Sopropoche
- NAN Vietnam
- Copalis Sea Solutions
- Green Fertilizer Solution
- Marine Protein
- Rossyew
- BlueWave Marine Ingredients
Highlights of The Marine Protein Hydrolysates 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:
- Liquid
- Powder
- Others
- By Application:
- Health / Functional Food
- Pharmaceutical
- Other
- 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 Marine Protein Hydrolysates 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Marine protein hydrolysates are a type of protein supplement that is derived from marine sources. These supplements are typically made from fish or shrimp proteins, and they offer a number of benefits for athletes and fitness enthusiasts. Marine protein hydrolysates can help to increase muscle mass and strength, improve athletic performance, reduce inflammation, and support cognitive function.
Some of the major players in the marine protein hydrolysates market are Marine Protein, Zymtech Production, ScanBio, Bio-Marine Ingredients, Hofseth Biocare ASA, Nutrifish, Sopropoche, NAN Vietnam, Copalis Sea Solutions, Green Fertilizer Solution, Marine Protein, Rossyew, BlueWave Marine Ingredients.
The marine protein hydrolysates market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Protein Hydrolysates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Marine Protein Hydrolysates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Protein Hydrolysates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Marine Protein Hydrolysates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Marine Protein Hydrolysates Market Size & Forecast, 2018-2028
4.5.1 Marine Protein Hydrolysates Market Size and Y-o-Y Growth
4.5.2 Marine Protein Hydrolysates Market Absolute $ Opportunity
Chapter 5 Global Marine Protein Hydrolysates Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Marine Protein Hydrolysates Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marine Protein Hydrolysates Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Marine Protein Hydrolysates Market Size Forecast by Applications
6.2.1 Health / Functional Food
6.2.2 Pharmaceutical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Protein Hydrolysates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Marine Protein Hydrolysates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Marine Protein Hydrolysates Analysis and Forecast
9.1 Introduction
9.2 North America Marine Protein Hydrolysates Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Marine Protein Hydrolysates Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Marine Protein Hydrolysates Market Size Forecast by Applications
9.10.1 Health / Functional Food
9.10.2 Pharmaceutical
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Marine Protein Hydrolysates Analysis and Forecast
10.1 Introduction
10.2 Europe Marine Protein Hydrolysates Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Marine Protein Hydrolysates Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Marine Protein Hydrolysates Market Size Forecast by Applications
10.10.1 Health / Functional Food
10.10.2 Pharmaceutical
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Marine Protein Hydrolysates Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marine Protein Hydrolysates Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Marine Protein Hydrolysates Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Marine Protein Hydrolysates Market Size Forecast by Applications
11.10.1 Health / Functional Food
11.10.2 Pharmaceutical
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Marine Protein Hydrolysates Analysis and Forecast
12.1 Introduction
12.2 Latin America Marine Protein Hydrolysates Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Marine Protein Hydrolysates Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Marine Protein Hydrolysates Market Size Forecast by Applications
12.10.1 Health / Functional Food
12.10.2 Pharmaceutical
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Marine Protein Hydrolysates Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marine Protein Hydrolysates Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Marine Protein Hydrolysates Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Marine Protein Hydrolysates Market Size Forecast by Applications
13.10.1 Health / Functional Food
13.10.2 Pharmaceutical
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Marine Protein Hydrolysates Market: Competitive Dashboard
14.2 Global Marine Protein Hydrolysates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marine Protein
14.3.2 Zymtech Production
14.3.3 ScanBio
14.3.4 Bio-Marine Ingredients
14.3.5 Hofseth Biocare ASA
14.3.6 Nutrifish
14.3.7 Sopropoche
14.3.8 NAN Vietnam
14.3.9 Copalis Sea Solutions
14.3.10 Green Fertilizer Solution
14.3.11 Marine Protein
14.3.12 Rossyew
14.3.13 BlueWave Marine Ingredients
