According to the current analysis of Reports and Data, the fishmeal & fish oil market was valued at USD 8.87 Billion in 2019 and is expected to reach USD 15.8 Billion by 2027 at a CAGR of 8.8%. Fishmeal is the flour processed out of the fish after milling and drying the fish and its selective body parts, whereas animal oil is that the brown or yellow liquid extracted out by pressing the cooked fish. The fishmeal & fish oil are majorly utilized as an additive within the animal and fish feeds. Both fishmeal and animal oil are employed as high protein ingredients within the feeds given to farmland animals and farmed fishes. Fish oil is majorly utilized in the farm fish feeds with a minor share used in land animal feeds.
Moreover, fishmeal isn’t fed directly (undiluted) to the animals as a feed additive. It has to be added in animal feeds by following typical inclusion rates for fishmeal, which vary among different feeds. The assembly of fishmeal and animal oil utilizes different species of fishes. However, oily fish species like anchoveta fish are usually used.
Key Companies in the market include: Austevoll Seafood ASA (Norway), Croda International Plc. (U.K.), Oceana Group Limited (South Africa), FMC Corporation (U.S.), Omega Protein Corporation (U.S.), Tasa (South Africa), Marvesa Oils & Fats B.V. (Netherlands) and GC Rieber Oils AS (Norway).
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The report offers complete analysis of the global Fishmeal & Fish Oil market with detailed information and details about leading companies with their global position, manufacturing capacity, revenue contribution and strategic plans for expanding their market position. It offers SWOT analysis and Porter’s Five Forces analysis for each company. It further offers detailed overview of regions including North America, Europe, Asia Pacific, Latin America and Middle East and Africa along with key segments of the global Fishmeal & Fish Oil market including market share and growth rate of each segment.
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Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Market segment analysis:
On the basis of source (Revenue, USD Million; 2017-2027)
- Salmon & trout
- Marine fish
- Others (eels, crabs, and lobsters)
On the basis of livestock application (Revenue, USD Million; 2017-2027)
- Aquatic animals
- Others (equine and other marine species)
On the basis of industrial application (Revenue, USD Million; 2017-2027)
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Key Questions addressed in the Global Fishmeal & Fish Oil Market Report:
- What revenue CAGR is the global Fishmeal & Fish Oil market expected to register over the forecast period?
- What is the expected market size of global Fishmeal & Fish Oil market in coming years?
- Who are the leading companies operating in the global Fishmeal & Fish Oil market?
- What are the key factors fueling global Fishmeal & Fish Oil market growth?
- Which region is projected to dominate other regions in the global Fishmeal & Fish Oil market during the forecast period?
- What are the key restraints that can hamper growth of the global Fishmeal & Fish Oil market?
- What are the key outcomes of 5 force analysis of the global Fishmeal & Fish Oil market?
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