Global Fish Protein Concentrate Powder Market Overview:
Fish Protein Concentrate Powder is a protein mixture derived from fish cells. It is available in both 50 to 70 percent of protein levels as well as 90% protein level which is known as isolate fish protein. The fish protein concentrate powder is primarily processed for human consumption and thus differs from the fish meal processed for animal feeds. The powder is said to have high antioxidant and bioactive properties. They face a competition from the whey protein, which may limit the growth of the fish protein concentrate powder. The increasing demand for higher protein products and rising gym culture is thus assuring of high growth of fish protein concentrate market. North America is expected to account for highest market share although Asia Pacific promises huge prospectus in the coming years.
As per latest study released by AMA Research, the Global Fish Protein Concentrate Powder market is expected to see growth rate of 7.5%Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Powder Segment Accounts for Largest Market Share
Market Growth Drivers:
Increasing Demand for High Protein Products and Surge in Gym Culture
Challenges:
Competition from Whey Protein Concentrate
Restraints:
Presence of Counterfeit and Adulterated Products in Market
Opportunities:
Asia Pacific Region Offers New Exciting Opportunity through E-Commerce Medium
Competitive Landscape:
Some of the key players profiled in the report are Bevenovo Co. Ltd. (China), Colpex International S.A.C. (Peru), Bio-Oregon Protein (United States), Omega Protein Corporation (United States), Mukka Seafood Industries Limited (India), Shenzhen Taier Biotechnology Co. Ltd. (China), Siam Industries International Co. Ltd. (Thailand), PeterLabs Holdings Berhad (Malaysia), Scan Marine Group AS (Norway), Avant Meats Company Limited (China) and Janatha Fish Meal & Oil Products (India). Additionally, following companies can also be profiled that are part of our coverage like Qingdao Future Group (China), Aroma (NZ) Ltd. (New Zealand) and Apelsa Guadalajara (Mexico). Analyst at AMA Research see United States Vendors to retain maximum share of Global Fish Protein Concentrate Powder market by 2030. Considering Market by Protein Level , the sub-segment i.e. 50-70% will boost the Fish Protein Concentrate Powder market. Considering Market by End Use, the sub-segment i.e. Food and Beverages will boost the Fish Protein Concentrate Powder market. Considering Market by Packaging , the sub-segment i.e. Plastic Container will boost the Fish Protein Concentrate Powder market.
Latest Market Insights:
In 2021, Avant Meats Company Limited, a China based meat technology company announced acquisition of Vinh Hoan Corporation, which is an international aquaculture company. The aim of the acquisition is said to accelerate the commercialization of cultivated fish protein with help of Vinh Hoan’s global supply chain network as well as its industrial processing expertise in aquaculture.
In November 2023, Relsus’s launch is a significant step towards reducing dependency on protein powder imports by producing high-quality products in India
What Can be Explored with the Fish Protein Concentrate Powder Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fish Protein Concentrate Powder Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fish Protein Concentrate Powder
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fish Protein Concentrate Powder market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fish Protein Concentrate Powder market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Fish Protein Concentrate Powder Producers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.