Middle East & Africa Fish Protein Isolates Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Form (Powder and Liquid) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Animal Nutrition)

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The Middle East & Africa fish protein isolates market is expected to grow from US$ 91.44 million in 2022 to US$ 123.22 million by 2028. It is estimated to grow at a CAGR of 5.1% from 2022 to 2028.

Increasing Number of Fisheries is Expected to Provide Lucrative Growth Opportunities to the Middle East & Africa Fish Protein Isolates Market

Fish is a protein-rich product containing low cholesterol; therefore, the demand for fish and fish-related products has increased. The fishery industry is growing due to improved aquaculture production, lower prices, changing cultural preferences, and surging demand for fish and seafood. The increasing number of fisheries resulted in a large volume of fish waste, which is processed and used to manufacture fish protein isolates. It is prepared by extracting the oil from the fish, screening or settling out the bones, and drying the final product with higher protein content, i.e., 85-95%, and lower ash content than fish meal. Also, fish farming is one of the fastest-growing food production segments in the world, which generates employment and supports a country's economy. Thus, an increasing number of fisheries around the region is expected to provide lucrative growth opportunities to the Middle East & Africa fish protein isolates market .

Middle East & Africa Fish Protein Isolates Market Overview

The population in the Middle East & Africa is growing. Also, the consumption and demand for fish and fish-related products are rising in the region. According to the ITC Trade, the UAE imported frozen fish worth US$ 89.55 million in 2020. In the Middle East & Africa, the consumption of meat and meat-based products is significant. Owing to the booming tourism sector, rising food service industry, and growing awareness about the benefits of fish protein isolate and protein-based products for the treatment of different diseases related to heart and obesity in the region, is expected to create opportunities for fish protein producers. Therefore, the surging demand for high-protein diets and growing fitness regime are expected to propel the growth of the Middle East & Africa fish protein isolates market during the forecast period.

Middle East & Africa Fish Protein Isolates Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Fish Protein Isolates Market Segmentation

The Middle East & Africa fish protein isolates market is segmented into form, application, and country.

Based on form, the Middle East & Africa fish protein isolates market is bifurcated into powder and liquid. In 2022, the powder segment registered a larger share in the Middle East & Africa fish protein isolates market.

Based on application, the Middle East & Africa fish protein isolates market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal nutrition. In 2022, the pharmaceuticals and nutraceuticals registered a largest share in the Middle East & Africa fish protein isolates market.

Based on country, the Middle East & Africa fish protein isolates market is segmented into Saudi Arabia, the UAE, South Africa, the Rest of Middle East and Africa. In 2022, the Rest of Middle East & Africa registered a largest share in the Middle East & Africa fish protein isolates market.

Advance International, Inc; Bio-marine Ingredients Ireland Ltd; Biomega Group AS; Hofseth BioCare ASA; and Sopropeche SA are the leading companies operating in the Middle East & Africa fish protein isolates market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa fish protein isolates market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa fish protein isolates market, thereby allowing players across the value chain to develop effective long-term strategies
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Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the fish protein isolates market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027935

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 3.2.8 Assumption and Limitation:

4. MEA Fish Protein Isolates Market Overview

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis

5. MEA Fish Protein Isolates Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Surge in Demand for Protein-rich Food Products
- 5.1.2 Rising Application of Fish Protein Isolates in Various End-use Industries
5.2 Market Restraints
- 5.2.1 Rising Vegan Population
5.3 Market Opportunities
- 5.3.1 Increasing Number of Fisheries
5.4 Future Trends
- 5.4.1 Popularity of Dietary Supplements among Millennials
5.5 Impact Analysis of Drivers and Restraints

6. Fish Protein Isolates - MEA Market Analysis

6.1 MEA Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)

7. MEA Fish Protein Isolates Market Analysis - By Form

7.1 Overview
7.2 MEA Fish Protein Isolates Market, By Form (2021 and 2028)
7.3 Powder
- 7.3.1 Overview
- 7.3.2 Powder: MEA Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Liquid
- 7.4.1 Overview
- 7.4.2 Liquid: MEA Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)

8. MEA Fish Protein Isolates Market Analysis - By Application

8.1 Overview
8.2 MEA Fish Protein Isolates Market, By Application (2021 and 2028)
8.3 Food & Beverages
- 8.3.1 Overview
- 8.3.2 Food & Beverages: MEA Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Pharmaceuticals & Nutraceuticals
- 8.4.1 Overview
- 8.4.2 Pharmaceuticals & Nutraceuticals: MEA Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Personal Care
- 8.5.1 Overview
- 8.5.2 Personal Care: MEA Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Animal Nutrition
- 8.6.1 Overview
- 8.6.2 Animal Nutrition: MEA Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)

9. MEA Fish Protein Isolates Market - Country Analysis

9.1 Overview
- 9.1.1 Middle East and Africa: Fish Protein Isolate Market, by Key Country
  - 9.1.1.1 Saudi Arabia: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.1.1 Saudi Arabia: Fish Protein Isolate Market, By Form
    - 9.1.1.1.2 Saudi Arabia: Fish Protein Isolate Market, by Application
  - 9.1.1.2 UAE: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.2.1 UAE: Fish Protein Isolate Market, By Form
    - 9.1.1.2.2 UAE: Fish Protein Isolate Market, by Application
  - 9.1.1.3 South Africa: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.3.1 South Africa: Fish Protein Isolate Market, By Form
    - 9.1.1.3.2 South Africa: Fish Protein Isolate Market, by Application
  - 9.1.1.4 Rest of MEA: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.4.1 Rest of MEA: Fish Protein Isolate Market, by Form
    - 9.1.1.4.2 Rest of MEA: Fish Protein Isolate Market, by Application

10. Industry Landscape

10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition

11. Company Profiles

11.1 Advance International, Inc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Bio-marine Ingredients Ireland Ltd
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Hofseth BioCare ASA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Sopropeche SA
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Biomega Group AS
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Word Index