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Fish Protein Hydrolysate Market Size, Share & Trends Analysis Report By Technology (Acid Hydrolysis, Autolytic Hydrolysis, Enzymatic Hydrolysis), By Form (Liquid, Powder) By Source (Anchovy, Herrings, Menhaden, Sardine, Shads, Others) By Application (Food, Pharmaceuticals, Animal Feed & Pet Food, Cosmetics, Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)
Fish Protein Hydrolysate | 2024-2032 |
Anticipated | US$ 257.45 Million |
Expected to reach in 2031 | US$ 372.88 Million |
Growth Rate | CAGR of 4.4% from 2024 to 2032 |
Growing consumer demand for pharmaceutical products due to their quick absorption capabilities, that promote lean muscle mass, and their capacity to lessen the symptoms of hypertension are anticipated to propel market expansion in the years to come. Fish protein is made up of components that are taken out of whole fish and crushed. Among the many end-use sectors where Fish Protein Hydrolysate (FPH) is used are animal feed, pet food, cosmetics, & food and drink. Over the next years, it is anticipated that the increasing use of fish protein in a variety of food and beverage applications, including protein supplements, sports nutrition, and infant formulas, will drive the market worldwide.
The U.S. market is anticipated to increase quickly due to rising public awareness of disease prevention, physical and mental health, muscle growth, and weight control. A growing middle-class, high-income levels, and the food and beverage industry are expected to fuel demand for the products during the course of the projected period. The product has been shown to improve gastrointestinal problems related to Crohn's disease and irritable bowel syndrome (IBS) in the food and beverage application. Fish proteins are used in baby formula to make substitute hypoallergenic protein diets for babies with milk allergy, gluten intolerance, and celiac disease.One of the primary reasons driving the expansion of the aforementioned segment is the increasing use of the product in the aquaculture feed business. This is explained by the fact that more than 50% of the world's fish food supply is currently provided by fish farming, a percentage that is projected to rise in the years to come. Fish protein hydrolysate is thus anticipated to play a significant role in providing the aquaculture industry with high-quality amino acids and general nutritional value.
However, it is anticipated that a lack of raw materials, such as salmon supplied from Scandinavian nations like Denmark, Norway, and Sweden, or tuna sourced from the Pacific and Japan Sea, will limit the market's expansion. Aquatic items are also highly perishable and must be processed, stored, and sold right away. In this case, unforeseen roadblocks impede the efficient flow of fresh food supply chains, leading to food loss and reducing consumer demand.
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Fish Protein Hydrolysate Market. On the basis of historic growth analysis and current scenario of Fish Protein Hydrolysate market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Fish Protein Hydrolysate market. This further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Fish Protein Hydrolysate market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Fish Protein Hydrolysate market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report will cover the qualitative and quantitative data on the global Fish Protein Hydrolysate Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-31 |
Base Year | 2023 |
Estimated Forecast Year | 2024-31 |
Growth Rate | CAGR of 4.4% from 2024 to 2031 |
Segmentation | By Technology, By Form, By Source, By Application, By Region |
Unit | USD Million |
By Technology |
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By Form |
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By Source |
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By Application |
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By Region |
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Liquid
Powder
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
The report also helps in understanding Global Fish Protein Hydrolysate Market dynamics, structure by analyzing the market segments, and project the Global Fish Protein Hydrolysate Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Fish Protein Hydrolysate Market make the report investor’s guide.
Based on the Technology of the market is segmented into Acid Hydrolysis, Autolytic Hydrolysis, Enzymatic Hydrolysis.
Acid hydrolysis technology led the sector with a global market share of about 46.0 percent. This approach is more popular than autolytic and enzymatic hydrolysis. A specified level of hydrolysis (DH) must be reached by maintaining the acid hydrolysis at high pressure and temperature solutions (122–138 °C and 220-310 mPa, respectively) for a number of hours. The mixture is transported for further dehydration once it has been neutralized to a pH of 6.0–7.0.
The market is expected to increase as a result of rising demand for the product in a number of food and beverage applications, including functional foods and nutritional supplements, as a binder, gelling agent, and emulsifier. The market is expected to expand even more in the future years because to the increasing use of seafood protease and trypsin from Atlantic salmon and pyloric ceca from notable fish as nutritional additives and cryoprotectants in aquafeed and liquid fertilizers.
However, the method of acid hydrolyzation has a number of disadvantages that make it unsuitable for use in biochemical and food applications. These disadvantages include the degradation of tryptophan, an important amino acid, and/or the presence of a high sodium chloride (NaCl) concentration in the final product.
Based on Source the market is categorised into Anchovy, Herrings, Menhaden, Sardine, Shads, Others.
The anchovy source category leads the industry, holding a market share of over 32.0% worldwide. Because of the growing demand for high-quality agricultural fertilizers and the growing use of organic solutions as a result of consumers' changing views about chemical-induced fertilizers, the market for anchovy-derived protein hydrolysate is anticipated to grow steadily over the next few years.
Additionally, the capacity of anchovy-based protein hydrolysate to improve soil quality is driving its fast use in the production of cost-effective and high-performing fertilizers, which is expected to drive up market demand overall. The demand for the product is expected to be further fueled by strict laws governing the use of chemically-enhanced fertilizers and expanding research and development efforts by businesses like Dramm Corporation and U.S. Ag Florida, Inc. to provide high-quality organic fertilizer solutions.
The demand for sardine-based protein hydrolysate is anticipated to grow at the fastest rate of 5.1% in terms of volume over the forecast period. Sardines are an excellent addition to formulations for animal feed because of their high omega-3 and long-branched amino acid content. These items are anticipated to increase demand for aquaculture feed in the upcoming years due to their natural ease of digestion and high compatibility with aquatic life in saltwater and/or seawater.
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. The increasing demand for protein supplements in North America is anticipated to propel fish protein hydrolysate to the top of the market share charts during the projected period. The increasing popularity of health and wellness products in North America is linked to an increase in athletes and fitness aficionados. Because there are so many producers and providers of protein supplements in the United States, it is the largest market in the region for fish protein hydrolysate.
The Asia Pacific region is expected to see the quickest revenue growth rate, mainly as a result of the growing demand for protein supplements in developing countries like China and India. Demand for fish protein hydrolysate is developing in this sector due to the growing middle class's disposable income and growing awareness of the benefits of protein supplements. Moreover, the abundance of fish processing plants in the area is fueling market growth even more.
Fish Protein Hydrolysate Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:
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04 Jan 2024