Fish Meal Market Demand, Trends and Business Opportunities 2023-2028

Author: Elena Anderson

Marketing Manager

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Global Fish Meal Market Research Report 2023-2028:

IMARC Group’s latest report, titled “ Fish Meal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-202 8

,” finds that the fish meal market is expected to grow at a CAGR of 7.2% during 2023-2028.

Fish meal refers to ground powder or feed ingredient made from the cooked flesh of fish. Species such as sardines, anchovy, capelin, menhaden, cod and haddock are some of the major fish meal sources. Fish meal contains a high level of proteins, lipids and minerals and is also rich in essential fatty acids (EFAs), digestible energy and vitamins. Nowadays, fish meal is available in the form of cakes and powder and helps provide high nutritional value for enhanced growth of livestock.

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Global Fish Meal Market Trends:

The global fish meal market is primarily driven by the increasing demand for naturally sourced highquality seafood products. The growing awareness regarding the health benefits associated with the consumption of fish meal, such as mitigating disease outbreaks, stimulating reproduction and boosting metabolism, is also contributing to the market growth.

Furthermore, the rising cases of chronic disorders due to the intake of lead, mercury, and cadmium during conventionally cultured seafood has shifted the preference of farmers toward fish meal, which serves as a natural protein source for aquatic animals. Furthermore, growing environmental concerns and rapid industrialization of meat and dairy production are escalating the demand for fish meal.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/fish-meal-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Raw Material:

• Whole Fish

• By-Product from Wild Capture

• By-Product from Aquaculture

Breakup by Species:

• Marine

o Anchovy

o Sandeel

o Menhaden

o Sprat

o Others

• Trimming

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Breakup by Application:

• Aquaculture

• Crustaceans

• Salmon and Trout

• Marine Fish

• Tilapias

• Others

• Swine

• Poultry

• Others

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Breakup by Region:

• Peru

• Scandinavia

o Denmark

o Norway

o Iceland

• China

• Thailand

• Chile

• United States

• Vietnam

• Japan

• Others

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Competitive Landscape with Key Players:

• Austral Group S.A.A

• Copeinca

• Corpesca S.A. (Empresas Copec S.A)

• FF Skagen A/S

• Omega Protein Corporation (Cooke Inc)

• Pesquera Diamante S.A. (Diamond Fishing)

• Pesquera Exalmar S.A.A.

• Pesquera Hayduk SA

• Tasa

• TripleNine Group.

1. What is the expected growth rate of the global fish meal market during 2023-2028?

2. What are the key factors driving the global fish meal market?

3. What has been the impact of COVID-19 on the global fish meal market?

4. What is the breakup of the global fish meal market based on the application?

5. What are the key regions in the global fish meal market?

6. Who are the key players/companies in the global fish meal market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/fish-meal-market/toc

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