According to MarkNtel Advisors study the Global Fish Meal Market size is valued at around USD 205 billion in 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-29.
“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”
Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/fish-meal-market.html
Key Findings of the Study: Fish Meal market
Global Fish Meal Market Key Driver:
Rising Adoption of Fish Meal Due to its Nutritional Contents to Thrive the Market Growth – The Global Fish Meal Market has been experiencing considerable adoption as fish meal contains high quality quantities of nutrition such as proteins, minerals, fatty acids, etc. It is a valuable source of protein derived from fish processing and also acts as a typical constituent in aquaculture, agriculture, and majorly in animal feed. The usage of this meal, soil fertility crop yields can be improved due to its phosphorous high nitrogen content, thus contributing to the overall market growth.
Moreover, to meet the increasing demand for seafood products for the rising population in the world, the aquaculture industry needs fish meals as a good solution as they contain numerous nutrients. In addition, the environmentally friendly trait of fish meals further aids the consumer’s preferences for sustainable organic solutions for agriculture strategies. Thus, such aspects of the fish meals to drive the overall market during the forecast period.
For more detailed information about the Fish Meal market report, click here – https://www.marknteladvisors.com/research-library/fish-meal-market.html
Scope of the Report and Fish Meal Market Segmentation:
By Nature
- Organic- Market Size Forecast 2018-2028F, USD Million
- Conventional- Market Size Forecast 2018-2028F, USD Million
By Source
- Salmon Trout- Market Size Forecast 2018-2028F, USD Million
- Marine Fish- Market Size Forecast 2018-2028F, USD Million
- Crustaceans- Market Size Forecast 2018-2028F, USD Million
- Tilapia- Market Size Forecast 2018-2028F, USD Million
- Others (Catfish, Tuna, Cyprinids, etc.)- Market Size Forecast 2018-2028F, USD Million
By Application
- Animal Feed- Market Size Forecast 2018-2028F, USD Million
- Aqua Feed- Market Size Forecast 2018-2028F, USD Million
- Poultry- Market Size Forecast 2018-2028F, USD Million
- Pharmaceuticals- Market Size Forecast 2018-2028F, USD Million
- Others (Dietary Supplements, Fertilizers, etc.)- Market Size Forecast 2018-2028F, USD Million
By End User
- Aquaculture- Market Size Forecast 2018-2028F, USD Million
- Salmon Trout- Market Size Forecast 2018-2028F, USD Million
- Marine Fish- Market Size Forecast 2018-2028F, USD Million
- Others (Crustaceans, Cyprinids, etc.)- Market Size Forecast 2018-2028F, USD Million
- Poultry- Market Size Forecast 2018-2028F, USD Million
- Swine- Market Size Forecast 2018-2028F, USD Million
- Others (Exotic meats, small ruminants, etc.)- Market Size Forecast 2018-2028F, USD Million
With possession of potential share, Aquaculture is a rapidly growing industry worldwide that is anticipated to dominate the Fish Meal Market due to the high adoption of this product.
Fish Meal Market Development:
- March 2022: Pelagia acquired all the shares of Norsk Fiskeindustri Invest AS (NFI). NFI, in turn, held a 51.05% ownership stake in Karmsund Protein AS, a company engaged in the production of fish meal fish oil.
- March 2022: Scoular, a leading global trader in fishmeal and fish oil with a wide range of offerings, recently inaugurated a new fishmeal plant in Myanmar. This facility serves as a central hub for delivering top-notch, uniform products to Asian feed markets with a strong emphasis on just-in-time shipments.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- Middle East Africa
- Asia-Pacific
North America dominated the Global Fish Meal Market over the past years and is presumed to thrive during the forthcoming period.
Note: If you require specific information not covered in the current report, we can provide it through customized option
Why choose Us?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
