Fish Nutrition Market Size, Share, Industry, Forecast and outlook (2024-2031)

Fish Nutrition Market Overview

The global fish nutrition market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 3.5% during the forecast period (2024-2031).The major global players in the market include Empresas Copec S.A., Omega Protein Corporation, A. Costantino & C.S.P.A., 

Fish nutrition refers to the study of the dietary requirements and feeding practices of fish species, as well as the nutrients needed by fish to support growth, development, and overall health. Fish require a variety of nutrients in their diet, including protein, lipids, carbohydrates, vitamins, and minerals, in order to maintain optimal health and growth. Increase in the demand of fish nutrients products due to the boost in consumers awareness about health benefits, is expected to drive the market growth. Fish nutrion is cheapest option of protein as compared to other options due to this there is boost in demand for fish nutrition products in the forecast period. 

Fish Nutrition Market Summary and Scope

Fish Nutrition Market Dynamics and Trends

Increase in awareness about health benefits of fish nutrition consumption

The growing demand for green fish nutrition is driving growth in the global market. It is an eco-friendly and biodegradable alternative to traditional fish nutrition, which can harm the environment. It is made from natural sources such as plants and is biodegradable, making it less harmful to the environment and human health. The increasing awareness about the environmental impact of traditional product types and the need for sustainable solutions is driving the demand for green fish nutrition. Additionally, government regulations and policies promoting environmentally friendly product types are also driving the fish nutrition market growth.

The growing use of fish nutritional products as supplements helps to boost segment growth in the forecast period 

Growing usage of nutritional products as increasing consumers awareness about health benefits. Increase in the product launches by major key players helps to boost market growth in the forecast period. For instance, in November 2022, Nordic biotech launched versatile omega-3 and cetoleic acid ingredients in the market. Cetoleic acid boost conversion of short chain alpha linoleic acid from omega-3 to polysaturated fatty acid that have numourous health benefits including for cardiovascular health. It has also shown that increased production of EPA and DHA in human hepotocytes. Also, in January 2023, Simris Alg AB announced product launch of omega3 products in sweden. These capsules contains twice as much EPA and DHA as before.In January 2023, Hemas Pharmaceuticals launched Seven Seas fish oil brand in the world which is marketed across 60 countries.

Fish Nutrition Market Segment Analysis

The global fish nutrition market is segmented based on product type, application and region.

Owing to the increase in protein consumption worlwide, fish protein powder segment is expected to grow

Fish protein powder is a food grade product specially designed for the human consumption. The consumers who has lactose intolerance, milk allergy, gluten intolerance or coeliac disease  require alternate protein sources hence the demand of protein consumption increased. Research shows that fish protein has positive effect on humans and rats that are overweight or obese. Nutritional value of the fish protein is high due to the essential amino acid favorable pattern.Fish proteins are rich source of methionine and lysine. It is benificial for the growing children and pregnant or nursing mothers. Surging demand of the fish protein powder in various sectors such as food & beverages, pharmaceuticals, and others.

Source: DataM Intelligence Analysis (2023)

Fish Nutrition Market Geographical Share

The increasing demand of fish nutrition products in various industry helps to boost regional growth

The growing demand in developing countries, especially in Asia-Pacific, creates opportunities for manufacturers to expand their operations in these regions. The region has many manufacturers and suppliers, and its strong economic growth has increased industrial Product boosting demand. Fish products are rich source of protein and consumed by both human and animal. Fish protein is also used in the feed ingredients in animal nutrition. Pharmaceuticals, cosmetics and personal care, sports nutrition, infant formula, food and beverages, and dietary supplements are some of the industry verticals that contribute to the rising demand for the fish nutrition market in the region.

Source: DataM Intelligence Analysis (2023)

Fish Nutrition Market Companies and Competitive Analysis

The major global players in the market include Empresas Copec S.A., Omega Protein Corporation, A. Costantino & C.S.P.A., Scanbio Marine Group A, Bio Marine Ingredients Ireland Ltd., Titan Biotech Ltd., Colpex International S.A.C., Alaska Protein Recovery Inc., Marine Protein Marprot S.A. and Bio Mega S. A.

Key Developments

• On October 10, 2022, Epax launched Omega-11 Cetoleic Acid Ingredient in the market. This Cetoleic 10 omega-11 polyunsaturated fatty acid has this name. Skin redness was shown to be significantly reduced with cetoleic 10. The element was also connected to increases in the Omega-3 Index, which gauges the proportion of omega-3 fatty acids in red blood cell membranes, despite the fact that it contains less EPA and DHA than standard omega-3 products.
• On November 09,2022, Chosen launched CHOSEN launches Fish collagen TOR Beaut for increasing skin hydration and reducing skin wrinkles. CHOSEN launches Fish collagen TOR Beaut for increasing skin hydration and reducing skin wrinkles. It is available in the five flvours such as pomegranate, natural pineapple, lemon, butterscotch and identical chocolate. 
• In February 2020, Aquasoja launches new juvenile fish feed for pre-ongrowing of fish production. NEOGOLD also aims to aid fish in warding off ectoparasites and endopathogens. By using "highly digestible" substances that increase hepatic function, it purports to improve liver metabolism and fat digestion. Moreover, it offers protection against oxidative stress.

Why Purchase the Report?

• To visualize the global fish nutrition- market segmentation based on product type, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of fish nutrition market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product type mapping available as excel consisting of key product types of all the major players.

The global fish nutrition market report would provide approximately 53 tables, 54 figures and 195 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors
• Research Professionals
• Emerging Companies 

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