Fish Meal Market Revenue, Trends Analysis, Expected to Grow 6.5% CAGR, Growth Strategies and Future Outlook 2029: Markntel Advisors

Global Fish Meal Market Valued at USD 205 Billion in 2022, Expected CAGR of 6.5% from 2024-29. North America Dominates and Thrives in Fish Meal Market.

Jul 3, 2024 - 13:17
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Fish Meal Market Revenue, Trends Analysis, Expected to Grow 6.5% CAGR, Growth Strategies and Future Outlook 2029: Markntel Advisors

Exploring the Fish Meal Market: Insights, Key Drivers, and Major Players

Introduction to the Fish Meal Market

Fish meal is a commercial product that is prepared from pelagic, small, oceanic fish. It is rich in protein and is an excellent source of essential fatty acids, minerals, digestible energy, and vitamins.

Fish Meal Key market insights include:

Market Size and Growth: 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.

Regional Analysis: North America, South America, Europe, Asia-Pacific, Middle East & Africa.

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What is driving the growth of the global Fish Meal Market market?

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.

Market Segmentation

The Fish Meal Market can be segmented based on several criteria, including:

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

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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

Key Players in the Fish Meal Market

The Fish Meal Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the Fish Meal Market include:

  • Omega Protein Corporation
  • Pesquera Diamente S.A.
  • Calysta Inc.
  • Pesquera Hayduk SA
  • Oceana Group Limited S.A.
  • Sardina D.O.O
  • TripleNine Group A/S
  • Empresas Copec S.A.
  • Animal Feeds International Corporation
  • Others

Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.What factors are driving the Fish Meal Market growth?

2.How is the Fish Meal Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Fish Meal Market?

4.What is the current size of the Fish Meal Market, and how is it projected to change in the future?

6.What is the future outlook for the Fish Meal Market in terms of technological advancements and market expansion?

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Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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