Fish Powder Market Size, Share & Trends Analysis Report By Source (Whole Fish, By-product), By Application (Swine, Aquaculture, Poultry, Others), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2025 - 2030

PUBLISHED: November 14, 2024

PAGES: 100 Pages

DELIVERY TIME: 2-10 business days

SELECT AN OPTION

The global fish powder market size is expected to reach USD 13.19 billion by 2030, registering a CAGR of 6.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.

Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.

The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world's largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.

Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.

Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.

Fish Powder Market Report Highlights:

The whole fish segment accounted for a leading revenue share of 64.1% in the global market in 2024. Whole fish is considered an important source of fish powder, which is used in various industries, including animal feed, aquaculture, and pet food.
The swine segment accounted for a leading revenue share in the global market in 2024. The growing global demand for pork, particularly in countries with an expanding middle-income demographic, has resulted in a noticeable increase in pig farming.
Asia Pacific accounted for a leading revenue share of 45.1% in the global fish powder industry in 2024. Growing aqua feed industry on account of the demand from functional ingredients mainly in developing countries such as India and China is expected to propel the market
Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

Product Code: GVR-3-68038-077-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Fish Powder Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Fish Powder Market: Source Estimates & Trend Analysis

4.1. Fish Powder Market, By Source: Key Takeaways
4.2. Source Movement Analysis & Market Share, 2024 & 2030
4.3. Market Estimates & Forecasts, By Source, 2018 - 2030 (USD Million)
- 4.3.1. Whole Fish
  - 4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.3.2. By-product
  - 4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 5. Fish Powder Market: Application Estimates & Trend Analysis

5.1. Fish Powder Market, By Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 5.3.1. Swine
  - 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Aquaculture
  - 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Poultry
  - 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Others
  - 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. Fish Powder Market: Regional Estimates & Trend Analysis

6.1. Fish Powder Market: Regional Outlook
6.2. Regional Marketplaces: Key Takeaways
6.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 6.3.1. North America
  - 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.2. U.S.
    - 6.3.1.2.1. Key country dynamics
    - 6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.3. Canada
    - 6.3.1.3.1. Key country dynamics
    - 6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.4. Mexico
    - 6.3.1.4.1. Key country dynamics
    - 6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Europe
  - 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.2. U.K.
    - 6.3.2.2.1. Key country dynamics
    - 6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.3. Germany
    - 6.3.2.3.1. Key country dynamics
    - 6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.4. France
    - 6.3.2.4.1. Key country dynamics
    - 6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.5. Italy
    - 6.3.2.5.1. Key country dynamics
    - 6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.6. Spain
    - 6.3.2.6.1. Key country dynamics
    - 6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Asia Pacific
  - 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.2. China
    - 6.3.3.2.1. Key country dynamics
    - 6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.3. India
    - 6.3.3.3.1. Key country dynamics
    - 6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.4. Japan
    - 6.3.3.4.1. Key country dynamics
    - 6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.5. Australia & New Zealand
    - 6.3.3.5.1. Key country dynamics
    - 6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.6. South Korea
    - 6.3.3.6.1. Key country dynamics
    - 6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Latin America
  - 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.4.2. Brazil
    - 6.3.4.2.1. Key country dynamics
    - 6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Middle East & Africa
  - 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.5.2. South Africa
    - 6.3.5.2.1. Key country dynamics
    - 6.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Fish Powder Market: Competitive Analysis

7.1. Recent developments & impact analysis, by key market participants
7.2. Company Categorization
7.3. Participant's Overview
7.4. Financial Performance
7.5. Source Benchmarking
7.6. Company Heat Map Analysis
7.7. Strategy Mapping
7.8. Company Profiles
- 7.8.1. Oceana Group Limited
  - 7.8.1.1. Company Overview
  - 7.8.1.2. Financial Performance
  - 7.8.1.3. Source Portfolios
  - 7.8.1.4. Strategic Initiatives
- 7.8.2. Austevoll Seafood ASA
  - 7.8.2.1. Company Overview
  - 7.8.2.2. Financial Performance
  - 7.8.2.3. Source Portfolios
  - 7.8.2.4. Strategic Initiatives
- 7.8.3. Pelagia AS
  - 7.8.3.1. Company Overview
  - 7.8.3.2. Financial Performance
  - 7.8.3.3. Source Portfolios
  - 7.8.3.4. Strategic Initiatives
- 7.8.4. Croda International Plc
  - 7.8.4.1. Company Overview
  - 7.8.4.2. Financial Performance
  - 7.8.4.3. Source Portfolios
  - 7.8.4.4. Strategic Initiatives
- 7.8.5. Omega Protein Corporation
  - 7.8.5.1. Company Overview
  - 7.8.5.2. Financial Performance
  - 7.8.5.3. Source Portfolios
  - 7.8.5.4. Strategic Initiatives
- 7.8.6. Marvesa
  - 7.8.6.1. Company Overview
  - 7.8.6.2. Financial Performance
  - 7.8.6.3. Source Portfolios
  - 7.8.6.4. Strategic Initiatives
- 7.8.7. TASA
  - 7.8.7.1. Company Overview
  - 7.8.7.2. Financial Performance
  - 7.8.7.3. Source Portfolios
  - 7.8.7.4. Strategic Initiatives
- 7.8.8. GC Rieber VivoMega AS
  - 7.8.8.1. Company Overview
  - 7.8.8.2. Financial Performance
  - 7.8.8.3. Source Portfolios
  - 7.8.8.4. Strategic Initiatives
- 7.8.9. The Scoular Company
  - 7.8.9.1. Company Overview
  - 7.8.9.2. Financial Performance
  - 7.8.9.3. Source Portfolios
  - 7.8.9.4. Strategic Initiatives
- 7.8.10. Sursan
  - 7.8.10.1. Company Overview
  - 7.8.10.2. Financial Performance
  - 7.8.10.3. Source Portfolios
  - 7.8.10.4. Strategic Initiatives

Product Code: GVR-3-68038-077-4

List of Tables

Table 1 Global fish powder market: Key market driver analysis
Table 2 Global fish powder market: Key market restraint analysis
Table 3 Global fish powder market estimates & forecast, by source (USD Million)
Table 4 Global fish powder market estimates & forecast, by application (USD Million)
Table 5 North America fish powder market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 6 North America fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 7 North America fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 8 U.S. macro-economic outlay
Table 9 U.S. fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 10 U.S. fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 11 Canada macro-economic outlay
Table 12 Canada fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 13 Canada fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 14 Mexico macro-economic outlay
Table 15 Mexico fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 16 Mexico fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 17 Europe fish powder market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 18 Europe fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 19 Europe fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 20 U.K. macro-economic outlay
Table 21 U.K. fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 22 U.K. fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 23 Germany macro-economic outlay
Table 24 Germany fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 25 Germany fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 26 France macro-economic outlay
Table 27 France fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 28 France fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 29 Italy macro-economic outlay
Table 30 Italy fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 31 Italy fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 32 Spain macro-economic outlay
Table 33 Spain fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 34 Spain fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 35 Asia Pacific fish powder market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 36 Asia Pacific fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 37 Asia Pacific fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 38 China macro-economic outlay
Table 39 China fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 40 China fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 41 India macro-economic outlay
Table 42 India fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 43 India fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 44 Japan macro-economic outlay
Table 45 Japan fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 46 Japan fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 47 Australia & New Zealand macro-economic outlay
Table 48 Australia & New Zealand fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 49 Australia & New Zealand fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 50 South Korea macro-economic outlay
Table 51 South Korea fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 52 South Korea fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 53 Latin America fish powder market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 54 Latin America fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 55 Latin America fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 56 Brazil macro-economic outlay
Table 57 Brazil fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 58 Brazil fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 59 Middle East & Africa fish powder market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 60 Middle East & Africa fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 61 Middle East & Africa fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 62 South Africa macro-economic outlay
Table 63 South Africa fish powder market estimates and forecast, by source, 2018 - 2030 (USD Million)
Table 64 South Africa fish powder market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 65 Recent developments & impact analysis, by key market participants
Table 66 Company heat map analysis, 2024
Table 67 Companies implementing key strategies

List of Figures

Fig. 1 Fish powder market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and fish powder size (USD Million)
Fig. 11 Global fish powder size, 2018 to 2030 (USD Million)
Fig. 12 Fish powder market: Penetration & growth prospect mapping
Fig. 13 Fish Powder market: Value chain analysis
Fig. 14 Fish powder market: Dynamics
Fig. 15 Fish powder market: Porter's five forces analysis
Fig. 16 Fish powder market estimates & forecast, by source (USD Million)
Fig. 17 By-product market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Whole fish market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Fish powder market estimates & forecast, by application (USD Million)
Fig. 20 Fish powder market estimates & forecasts for swine, 2018 - 2030 (USD Million)
Fig. 21 Fish powder market estimates & forecasts for aquaculture, 2018 - 2030 (USD Million)
Fig. 22 Fish powder market estimates & forecasts for poultry, 2018 - 2030 (USD Million)
Fig. 23 Fish powder market estimates & forecasts for other applications, 2018 - 2030 (USD Million)
Fig. 24 Fish powder market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 25 Regional marketplace: Key takeaways
Fig. 26 North America fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 U.S. fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Canada fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Mexico fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Europe fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 Germany fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 U.K. fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 France fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Italy fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Spain fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Asia Pacific fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 China fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 India fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Japan fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Australia & New Zealand fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 South Korea fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Latin America fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Brazil fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Middle East & Africa fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 South Africa fish powder market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 Key company categorization
Fig. 47 Strategic framework of fish powder