The article cited AMA's Global Fish Powder Market Study explored substantial growth with CAGR of 6.4%. According the report, Use of Fish Powder in Functional Food for Human Protein Consumption is one of the primary growth factors for the market. Rapid Growth in Poultry and Aqua Industries Catering to Increasing Meat and Fish Meat Consumption
is also expected to contribute significantly to the Fish Powder market. Overall, Aquaculture Feed
applications of Fish Powder, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Oceana Group Limited (South Africa), Austevoll Seafood ASA (Norway), FMC Corporation (United States), Croda International Plc. (United Kingdom), Omega Protein Corporation (United States), The Scoular Company (United States), Omega Protein Corporation (United States) and GC Rieber Oil (Norway) may see astonishing sales in this Market and certainly improve revenue growth.
The Sales Channel, such as Online, is boosting the Fish Powder market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Source, such as Whole Fish, is boosting the Fish Powder market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Fish Powder market identified that the demand is rising in many different parts of the world as "Growth in Swine Industry Owing to Increased Demand for Pork Due to Wide Nutritional Content in Fish Powder". Furthermore, some recent industry insights like "In January 2022, Cermaq Canada Ltd, a Canada-based salmon cultivating organization took on air circulation innovation provided by Poseidon Ocean Systems. Cermaq Canada has revealed that another air circulation innovation provided by Poseidon Ocean Systems has assisted them with taking out north of 76,000 kg of CO2 discharges from their activities" is constantly making the industry dynamic. One of the challenges that industry facing is "Limitation in Human Consumption and Processed Food Allergies to Animals and by-product Waste Generation"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Fish Powder market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Fish Powder market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Fish Powder market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fish Powder market and other related sub-markets covered in the study.
o Key & emerging players in the Fish Powder market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fish Powder market size is calculated using market estimation process, the Fish Powder market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fish Powder market size has been validated using both top-down and bottom-up approaches.