According to the latest market research report title “Fish Meal Market By Nature (Organic, Conventional), By Source (Salmon & Trout, Marine Fish, Crustaceans, Tilapia, Others (Catfish, Tuna, Cyprinids, etc.)), By Application (Animal Feed, Aqua Feed, Poultry, Pharmaceuticals, Others (Dietary Supplements, Fertilizers, etc.)), By End User (Aquaculture, (Salmon & Trout, Marine Fish, Others (Crustaceans, Cyprinids, etc.)), Poultry, Swine, Others (Exotic meats, small ruminants, etc.)), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific)–Forecast to 2029″, published by MarkNtel Advisors, The Global Fish Meal Market size is valued at around USD 205 billion in 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-29.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-29). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Fish Meal Market Key Driver:
Rising Adoption of Fish Meal Due to its Nutritional Contents to Thrive the Market Growth – The Global Fish Meal Market has been experiencing considerable adoption as fish meal contains high quality & quantities of nutrition such as proteins, minerals, fatty acids, etc. It is a valuable source of protein derived from fish processing and also acts as a typical constituent in aquaculture, agriculture, and majorly in animal feed. The usage of this meal, soil fertility & crop yields can be improved due to its phosphorous & high nitrogen content, thus contributing to the overall market growth.
Moreover, to meet the increasing demand for seafood products for the rising population in the world, the aquaculture industry needs fish meals as a good solution as they contain numerous nutrients. In addition, the environmentally friendly trait of fish meals further aids the consumer’s preferences for sustainable & organic solutions for agriculture strategies. Thus, such aspects of the fish meals to drive the overall market during the forecast period.
Fish Meal Market Segmentation
The Fish Meal Market is highly robust and fragmented into numerous segments;
By Nature
-Organic- Market Size & Forecast 2018-2028F, USD Million
-Conventional- Market Size & Forecast 2018-2028F, USD Million
By Source
-Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
-Marine Fish- Market Size & Forecast 2018-2028F, USD Million
-Crustaceans- Market Size & Forecast 2018-2028F, USD Million
-Tilapia- Market Size & Forecast 2018-2028F, USD Million
-Others (Catfish, Tuna, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Application
-Animal Feed- Market Size & Forecast 2018-2028F, USD Million
-Aqua Feed- Market Size & Forecast 2018-2028F, USD Million
-Poultry- Market Size & Forecast 2018-2028F, USD Million
-Pharmaceuticals- Market Size & Forecast 2018-2028F, USD Million
-Others (Dietary Supplements, Fertilizers, etc.)- Market Size & Forecast 2018-2028F, USD Million
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Fish Meal Market: –
Omega Protein Corporation
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Pesquera Diamente S.A.
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Calysta Inc.
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Pesquera Hayduk SA
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Key Questions Answered:
- What is the projected CAGR of the Fish Meal Market during the forecast period?
- Which segment is expected to lead the Fish Meal Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
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