Fishmeal & Fish Oil Market Report: Trends, Forecast and Competitive Analysis to 2030

Fishmeal & Fish Oil Trends and Forecast

The future of the global fishmeal & fish oil market looks promising with opportunities in the fertilizers, aquaculture, and pharma markets. The global fishmeal & fish oil market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are rising awareness regarding the health and nutrition of livestock and pets and growing utilization of fishmeal and fish oil in the diets of swine and poultry.

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Fishmeal & Fish Oil by Segment

The study includes a forecast for the global fishmeal & fish oil by livestock application, type, source, industrial application, and region.

Fishmeal & Fish Oil Market by Livestock Application [Shipment Analysis by Value from 2018 to 2030]:

• Aquatic Animals
• Swine
• Poultry
• Cattle
• Pets

Fishmeal & Fish Oil Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Fishmeal
• Fish Oil

Fishmeal & Fish Oil Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Salmon & Trout
• Marine Fish
• Crustaceans
• Tilapia
• Carps
• Other

Fishmeal & Fish Oil Market by Industrial Application [Shipment Analysis by Value from 2018 to 2030]:

• Fertilizers
• Aquaculture
• Pharma
• Others

Fishmeal & Fish Oil Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Fishmeal & Fish Oil Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fishmeal & fish oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fishmeal & fish oil companies profiled in this report include-

• FKS Multi Agro
• Mukka Proteins
• Arbee
• Sandakan Fishmeal
• Wudi Deda Agriculture
• Raj Fishmeal and Oil Company
• Asia Fish Oil
• Dai Dai Thanh Seafoods
• Pattani Fish Meal
• Austevoll Seafood

Fishmeal & Fish Oil Market Insights

Lucintel forecasts that swine is expected to witness the highest growth over the forecast period due to swine industry is experiencing rapid growth, particularly in the Asia Pacific region.

Within this market, pharma will remain the largest segment due to favorable perception and high nutritional value of fishmeal and fish oil, coupled with increasing awareness.

APAC is expected to witness highest growth over the forecast period due to rising awareness, health-focused feed demand, and thriving aquaculture industries, especially in countries like Thailand and Vietnam.

Features of the Global Fishmeal & Fish Oil Market

Market Size Estimates: Fishmeal & fish oil market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Fishmeal & fish oil market size by various segments, such as by livestock application, type, source, industrial application, and region in terms of value ($B).

Regional Analysis: Fishmeal & fish oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different livestock application, type, source, industrial application, and regions for the fishmeal & fish oil market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fishmeal & fish oil market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the fishmeal & fish oil market size?

Answer: The global fishmeal & fish oil market is expected to reach an estimated $15.2 billion by 2030.

Q2. What is the growth forecast for fishmeal & fish oil market?

Answer: The global fishmeal & fish oil market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the fishmeal & fish oil market?

Answer: The major drivers for this market are rising awareness regarding the health and nutrition of livestock and pets and growing utilization of fishmeal and fish oil in the diets of swine and poultry.

Q4. What are the major segments for fishmeal & fish oil market?

Answer: The future of the fishmeal & fish oil market looks promising with opportunities in the fertilizers, aquaculture, and pharma markets.

Q5. Who are the key fishmeal & fish oil market companies?

Answer: Some of the key fishmeal & fish oil companies are as follows.

• FKS Multi Agro
• Mukka Proteins
• Arbee
• Sandakan Fishmeal
• Wudi Deda Agriculture
• Raj Fishmeal and Oil Company
• Asia Fish Oil
• Dai Dai Thanh Seafoods
• Pattani Fish Meal
• Austevoll Seafood

Q6. Which fishmeal & fish oil market segment will be the largest in future?

Answer: Lucintel forecasts that swine is expected to witness the highest growth over the forecast period due to swine industry is experiencing rapid growth, particularly in the Asia Pacific region.

Q7. In fishmeal & fish oil market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising awareness, health-focused feed demand, and thriving aquaculture industries, especially in countries like Thailand and Vietnam.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the fishmeal & fish oil market by livestock application (aquatic animals, swine, poultry, cattle, and pets), type (fishmeal and fish oil), source (salmon & trout, marine fish, crustaceans, tilapia, carps, and other), industrial application (fertilizers, aquaculture, pharma, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?