Fish Protein Powder Market By Type (Fish Protein Hydrolysates, Fish Protein Concentrates, Fish Protein Isolates), By Application (Food Industry, Feed Industry, Cosmetics, Pharmaceuticals, Agriculture Industry, Nutraceuticals, Others) - Industry Size, Growth, Share And Forecast To 2026
Global fish protein powder market is expected to rise with a CAGR of 3.8% during the forecast years 2019-2026. Fish protein powder is a dried fish product that is intended to be used for human consumption and has higher concentration of protein as compared to fish flesh (average 65%).
Increasing demand for fish protein powder as a functional food ingredient has been driving the market growth. Inexpensive fish protein isolates are rich source of omega 3 fatty acid and are offering significant potential to grow as a primary ingredient in functional food production. According to the Institute of Food Technologists, global functional food sales boosted to about $63.3 billion in the year 2017 rising from about $55.1 billion in the year 2015. Further, growth in the functional food is projected to continue during the forecast years that is expected to surge the demand for fish protein powder. Moreover, rising demand for organic cosmetic products and abundant availability of raw material at varied cost has also helped to back the growth of the market.
Global fish protein powder market has been segmented on the basis of type and application. On the basis of type the market has been segmented into fish protein hydrolysates, fish protein concentrates and fish protein isolates. On the basis of application, the market has been segmented into food industry, feed industry, pharmaceuticals, cosmetic, agriculture industry, nutraceuticals and others. Agriculture industry segment is expected to show fast growth during the forecast period 2019-2026 owing to rising adoption of organic farming practices across the globe. Fish protein hydrolysate are largely utilized as a foliar or additive in the organic fertilizers. According to the International Federation of Organic Agriculture Movements organic producers in the year 2017 were reported to be around 2.9 million that increased by about 5% from the previous year 2016. Moreover, as per the federation, organic farmland observed an increase of 20% during 2016-2017. This growth in organic farming practices are expected to surge the demand for fish protein hydrolysate during the forecast years.
Regional segmentation of the market covers North America, Asia Pacific, Europe and rest of the world. North America dominates the fish protein powder market owing to increasing demand for functional food products in the US, a country that contributes major market share in North America. For instance, according to the study of Institute of Food Technologists, in 2017, about 60% of adults in the US looked for food and beverages that had some sort of added protein in it. Increasing adoption of functional food in the US is expected to impact the market of fish protein powder among functional food manufacturers in the US. Further, Asia Pacific market is expected to show fast growth owing to rising number of market players in the region.
Major players in the market includes Blue Wave Marine Ingredients, NutriFish, Hangzhou Nutrition Biotechnology, Aroma New Zealand and others. These companies using various strategies such as certification, merger & acquisition, collaboration, technology transfer, partnership and product launch. For instance, on 16 November 2016, Nutrifish started its activities at new plant based in Normandy that has been certified “Human Consumption”. The new production site exclusively deals to offer marine fish processing based raw material of food grade.
1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Fish Protein Powder Market
2.1.1. Global Fish Protein Powder Market, by Type, 2018 (US$ Mn)
2.1.2. Global Fish Protein Powder Market, by Application, 2018 (US$ Mn)
2.1.3. Global Fish Protein Powder Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Increasing demand for fish protein powder as a functional food ingredient
3.2.1.2. Rising demand for organic cosmetic products
3.2.1.3. Abundant availability of raw material at varied cost
3.2.2. Market Restraints
3.2.2.1. Low shelf life of fish protein powder and temperature sensitivity
3.2.3. Market Opportunities
3.2.3.1. Surging demand of protein powder in pharmaceutical sector
3.2.3.2. Utilization of fish protein isolate in organic agricultural practices
3.2.4. Market Challenges
3.2.4.1. Competition from other protein sources
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market share of Key Players, 2018
3.5. Top five findings and strategic analysis
4. Global Fish Protein Powder Market, by Type
4.1. Overview
4.1.1. Global Fish Protein Powder Market Value Share, by Type, 2018 & 2026 (Value, %)
4.1.2. Global Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
4.2. Fish Protein Hydrolysates
4.2.1. Global Fish Protein Powder Market for Fish Protein Hydrolysates, 2019-2026 (US$ Mn)
4.2.2. Global Fish Protein Powder Market for Fish Protein Hydrolysates, by Region 2019-2026 (US$ Mn)
4.3. Fish Protein Concentrates
4.3.1. Global Fish Protein Powder Market for Fish Protein Concentrates, 2019-2026 (US$ Mn)
4.3.2. Global Fish Protein Powder Market for Fish Protein Concentrates, by Region 2019-2026 (US$ Mn)
4.4. Fish Protein Isolates
4.4.1. Global Fish Protein Powder Market for Fish Protein Isolates, 2019-2026 (US$ Mn)
4.4.2. Global Fish Protein Powder Market for Fish Protein Isolates, by Region 2019-2026 (US$ Mn)
5. Global Fish Protein Powder Market, by Application
5.1. Overview
5.1.1. Global Fish Protein Powder Market Value Share, by Application, 2018 & 2026 (Value, %)
5.1.2. Global Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
5.2. Food Industry
5.2.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.2.2. Global Fish Protein Powder Market for Food Industry, 2019-2026 (US$ Mn)
5.2.3. Global Fish Protein Powder Market for Food Industry, by Region 2019-2026 (US$ Mn)
5.3. Feed Industry
5.3.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.3.2. Global Fish Protein Powder Market for Feed Industry, 2019-2026 (US$ Mn)
5.3.3. Global Fish Protein Powder Market for Feed Industry, by Region 2019-2026 (US$ Mn)
5.4. Cosmetics
5.4.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.4.2. Global Fish Protein Powder Market for Cosmetics, 2019-2026 (US$ Mn)
5.4.3. Global Fish Protein Powder Market for Cosmetics, by Region 2019-2026 (US$ Mn)
5.5. Pharmaceuticals
5.5.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.5.2. Global Fish Protein Powder Market for Pharmaceuticals, 2019-2026 (US$ Mn)
5.5.3. Global Fish Protein Powder Market for Pharmaceuticals, by Region 2019-2026 (US$ Mn)
5.6. Agriculture Industry
5.6.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.6.2. Global Fish Protein Powder Market for Agriculture Industry, 2019-2026 (US$ Mn)
5.6.3. Global Fish Protein Powder Market for Agriculture Industry, by Region 2019-2026 (US$ Mn)
5.7. Nutraceuticals
5.7.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.7.2. Global Fish Protein Powder Market for Nutraceuticals, 2019-2026 (US$ Mn)
5.7.3. Global Fish Protein Powder Market for Nutraceuticals, by Region 2019-2026 (US$ Mn)
5.8. Others
5.8.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.8.2. Global Fish Protein Powder Market for Others, 2019-2026 (US$ Mn)
5.8.3. Global Fish Protein Powder Market for Others, by Region 2019-2026 (US$ Mn)
6. North America Fish Protein Powder Market Analysis
6.1. Overview
6.1.1. North America Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
6.1.2. North America Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
6.1.3. North America Fish Protein Powder Market, by Country, 2019-2026 (US$ Mn)
6.1.3.1. United States
6.1.3.1.1. United States Fish Protein Powder Market 2019 – 2026 (US$ Mn)
6.1.3.2. Canada
6.1.3.2.1. Canada Fish Protein Powder Market 2019 – 2026 (US$ Mn)
7. Europe Fish Protein Powder Market Analysis
7.1. Overview
7.1.1. Europe Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
7.1.2. Europe Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
7.1.3. Europe Fish Protein Powder Market, by Country/Region, 2019-2026 (US$ Mn)
7.1.3.1. UK
7.1.3.1.1. UK Fish Protein Powder Market 2019 – 2026 (US$ Mn)
7.1.3.2. Germany
7.1.3.2.1. Germany Fish Protein Powder Market 2019 – 2026 (US$ Mn)
7.1.3.3. France
7.1.3.3.1. France Fish Protein Powder Market 2019 – 2026 (US$ Mn)
7.1.3.4. Rest of Europe
7.1.3.4.1. Rest of Europe Fish Protein Powder Market 2019 – 2026 (US$ Mn)
8. Asia Pacific Fish Protein Powder Market Analysis
8.1. Overview
8.1.1. Asia Pacific Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
8.1.2. Asia Pacific Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
8.1.3. Asia Pacific Fish Protein Powder Market, by Country/Region, 2019-2026 (US$ Mn)
8.1.3.1. China
8.1.3.1.1. China Fish Protein Powder Market 2019 – 2026 (US$ Mn)
8.1.3.2. India
8.1.3.2.1. India Fish Protein Powder Market 2019 – 2026 (US$ Mn)
8.1.3.3. Japan
8.1.3.3.1. Japan Fish Protein Powder Market 2019 – 2026 (US$ Mn)
8.1.3.4. Rest of Asia Pacific
8.1.3.4.1. Rest of Asia Pacific Fish Protein Powder Market 2019 – 2026 (US$ Mn)
9. Rest of the World Fish Protein Powder Market Analysis
9.1. Overview
9.1.1. Rest of the World Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
9.1.2. Rest of the World Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
9.1.3. Rest of the World Fish Protein Powder Market, by Country/Region, 2019 – 2026 (US$ Mn)
9.1.3.1. Latin America
9.1.3.1.1. Latin America Fish Protein Powder Market 2019 – 2026 (US$ Mn)
9.1.3.2. MENA
9.1.3.2.1. MENA Fish Protein Powder Market 2019 – 2026 (US$ Mn)
10. Company Profiles
10.1. Shanghai K&B Agricultural Technology Co., Ltd
10.1.1. Company Overview
10.1.2. Type Portfolio
10.1.3. Key Strategies
10.1.4. Key Conclusion
10.2. Blue Wave Marine Ingredients
10.2.1. Company Overview
10.2.2. Type Portfolio
10.2.3. Key Strategies
10.2.4. Key Conclusion
10.3. Hangzhou Nutrition Biotechnology
10.3.1. Company Overview
10.3.2. Type Portfolio
10.3.3. Key Strategies
10.3.4. Key Conclusion
10.4. Aroma New Zealand
10.4.1. Company Overview
10.4.2. Type Portfolio
10.4.3. Key Strategies
10.4.4. Key Conclusion
10.5. Shenzhen Taier Biotechnology Co. Ltd.
10.5.1. Company Overview
10.5.2. Type Portfolio
10.5.3. Key Strategies
10.5.4. Key Conclusion
10.6. NutriFish
10.6.1. Company Overview
10.6.2. Type Portfolio
10.6.3. Key Strategies
10.6.4. Key Conclusion
10.7. Janatha
10.7.1. Company Overview
10.7.2. Type Portfolio
10.7.3. Key Strategies
10.7.4. Key Conclusion
10.8. Siam Industries International
10.8.1. Company Overview
10.8.2. Type Portfolio
10.8.3. Key Strategies
10.8.4. Key Conclusion
10.9. Bio Phoenix Formulations
10.9.1. Company Overview
10.9.2. Type Portfolio
10.9.3. Key Strategies
10.9.4. Key Conclusion
10.10. Rosita
10.10.1. Company Overview
10.10.2. Type Portfolio
10.10.3. Key Strategies
10.10.4. Key Conclusion
1. Global Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
2. Global Fish Protein Powder Market for Fish Protein Hydrolysates, by Region 2019-2026 (US$ Mn)
3. Global Fish Protein Powder Market for Fish Protein Concentrates, by Region 2019-2026 (US$ Mn)
4. Global Fish Protein Powder Market for Fish Protein Isolates, by Region 2019-2026 (US$ Mn)
5. Global Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
6. Global Fish Protein Powder Market for Food Industry, by Region 2019-2026 (US$ Mn)
7. Global Fish Protein Powder Market for Feed Industry, by Region 2019-2026 (US$ Mn)
8. Global Fish Protein Powder Market for Cosmetics, by Region 2019-2026 (US$ Mn)
9. Global Fish Protein Powder Market for Pharmaceuticals, by Region 2019-2026 (US$ Mn)
10. Global Fish Protein Powder Market for Agriculture Industry, by Region 2019-2026 (US$ Mn)
11. Global Fish Protein Powder Market for Nutraceuticals, by Region 2019-2026 (US$ Mn)
12. Global Fish Protein Powder Market for Others, by Region 2019-2026 (US$ Mn)
13. Global Fish Protein Powder Market, by Geography, 2019-2026 (US$ Mn)
14. North America Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
15. North America Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
16. North America Fish Protein Powder Market, by Country, 2019-2026 (US$ Mn)
17. Europe Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
18. Europe Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
19. Europe Fish Protein Powder Market, by Country/Region, 2019-2026 (US$ Mn)
20. Asia Pacific Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
21. Asia Pacific Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
22. Asia Pacific Fish Protein Powder Market, by Country/Region, 2019-2026 (US$ Mn)
23. Rest of the World Fish Protein Powder Market, by Type, 2019-2026 (US$ Mn)
24. Rest of the World Fish Protein Powder Market, by Application, 2019-2026 (US$ Mn)
25. Rest of the World Fish Protein Powder Market, by Country/Region, 2019 – 2026 (US$ Mn)
1. Global Fish Protein Powder Market Value Share, by Type, 2018 & 2026 (Value, %)
2. Global Fish Protein Powder Market for Fish Protein Hydrolysates, 2019-2026 (US$ Mn)
3. Global Fish Protein Powder Market for Fish Protein Concentrates, 2019-2026 (US$ Mn)
4. Global Fish Protein Powder Market for Fish Protein Isolates, 2019-2026 (US$ Mn)
5. Global Fish Protein Powder Market Value Share, by Application, 2018 & 2026 (Value, %)
6. Global Fish Protein Powder Market for Food Industry, 2019-2026 (US$ Mn)
7. Global Fish Protein Powder Market for Feed Industry, 2019-2026 (US$ Mn)
8. Global Fish Protein Powder Market for Cosmetics, 2019-2026 (US$ Mn)
9. Global Fish Protein Powder Market for Pharmaceuticals, 2019-2026 (US$ Mn)
10. Global Fish Protein Powder Market for Agriculture Industry, 2019-2026 (US$ Mn)
11. Global Fish Protein Powder Market for Nutraceuticals, 2019-2026 (US$ Mn)
12. Global Fish Protein Powder Market for Others, 2019-2026 (US$ Mn)
13. United States Fish Protein Powder Market 2019 – 2026 (US$ Mn)
14. Canada Fish Protein Powder Market 2019 – 2026 (US$ Mn)
15. UK Fish Protein Powder Market 2019 – 2026 (US$ Mn)
16. Germany Fish Protein Powder Market 2019 – 2026 (US$ Mn)
17. France Fish Protein Powder Market 2019 – 2026 (US$ Mn)
18. Rest of Europe Fish Protein Powder Market 2019 – 2026 (US$ Mn)
19. China Fish Protein Powder Market 2019 – 2026 (US$ Mn)
20. India Fish Protein Powder Market 2019 – 2026 (US$ Mn)
21. Japan Fish Protein Powder Market 2019 – 2026 (US$ Mn)
22. Rest of Asia Pacific Fish Protein Powder Market 2019 – 2026 (US$ Mn)
23. Latin America Fish Protein Powder Market 2019 – 2026 (US$ Mn)
24. MENA Fish Protein Powder Market 2019 – 2026 (US$ Mn)
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