Fishmeal & Fish Oil Market - Size, Trends and Forecasts (2018

Fishmeal & Fish Oil Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The global fishmeal & fish oil market is estimated to be valued at USD 9.50 Billion in 2018 and projected to reach USD 14.32 Billion by 2024, at a CAGR of 8.58% from 2017. Fishmeal is the flour processed out of the fish after milling and drying the fish and its particular body parts, whereas fish oil is the brown or yellow liquid extracted out by pressing the cooked fish. The fishmeal and fish oil are majorly used as an additive in the animal and fish feeds. Both fishmeal and fish oil are employed as high protein ingredients in the feeds given to farmland animals and farmed fishes.

Global Fishmeal & Fish Oil Market Share:

Aquatic animals segment is projected to be the fastest-growing segment in the fishmeal & fish oil market.By livestock application, the marine animals segment dominated the fishmeal & fish oil market in 2017.Pharmaceuticals segment led the market with the most significant share in 2017.By industrial application, fishmeal & fish oil were most widely consumed in the pharmaceuticals industry.

Global Fishmeal & Fish Oil Market Size:

Global Fishmeal & Fish Oil Market Size, Asia-Pacific led the fishmeal & fish oil market with the most significant share in 2017. The Asia-Pacific market witnesses the maximum consumption of fishmeal & fish oil due to factors such as the rapid development

Fishmeal & Fish Oil Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

of aquaculture and the rising use of fish & shrimp in the region.

Global Fishmeal & Fish Oil Market Growth:

Global Fishmeal & Fish Oil Market Growth, Growth in this market can be attributed to factors such increased use of fishmeal & fish oil in swine and poultry diets and the growing aquaculture industry. Incorporation of fishmeal & fish oil into the diets of aquatic animals helps to increase growth rate and feed efficiency and enhances nutrient uptake, digestion, and absorption.

Global Fishmeal & Fish Oil Market Industry Analysis:

The Global Fishmeal and Fish Oil market have been segmented by source, livestock application, and industrial application. The region has further segmented it into North America, Europe, Asia-Pacific, South America, and the rest of the World. The primary objectives of the report are to define, segment, and project the market size of the global market concerning the segmentation mentioned above and provide a detailed study of key factors influencing the growth of the market, along with profiling the key players in the market and their core competencies.

Global Fishmeal & Fish Oil Market Outlook:

Global Fishmeal & Fish Oil Market Outlook, Global fishmeal production hit the lowest level on record, while Chinese demand increases. The global production of fish oil is around one million tonnes. This production is expected to be maintained.

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Fishmeal & Fish Oil Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Rich in long-chain omega-3 fatty acids, especially EPA and DHA, it can supplement diets inadequate in these fatty acids such as those in many Western countries.

Global Fishmeal & Fish Oil Market Trends:

The Global Fishmeal & Fish Oil Market Trends are, FMC Corporation Receives Antitrust Clearances Needed for Close Proposed Acquisition of DuPont Crop Protection Assets. FMC Corporation Announces Definitive Agreement to Sell the Omega-3 business to Pelagia AS. Oceana appreciates international decision to slightly increase the quota for jack mackerel in 2018 in spite of its recovery.

Global Fishmeal & Fish Oil Market Research Report Includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by the analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
FMC Corporation
Austevoll
Croda International PLC
Oceana Protein Corporation
Omega Protein Corporation

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