Global Fish Protein Hydrolysate Market Worth US$ 448.8 Million by 2032 | IMARC Group

The latest report by IMARC Group, titled “Fish Protein Hydrolysate Market Report by Technology (Acid Hydrolysis, Autolytic Hydrolysis, Enzymatic Hydrolysis), Form (Liquid, Powder), Fish Type (Anchovy, Herrings, Menhaden, Sardine, Shads, and Others), Application (Food, Pharmaceuticals, Animal Feed and Pet Food, Cosmetics, and Others), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the market.

What is the outlook for the fish protein hydrolysate market?

The global fish protein hydrolysate market size reached US$ 317.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 448.8 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Factors Affecting the Growth of the Fish Protein Hydrolysate Industry:

• Rising Awareness of Nutritional Benefits:

The fish protein hydrolysate industry is witnessing significant growth, largely fueled by the increasing awareness among consumers and manufacturers about the nutritional benefits offered by fish protein hydrolysates. These include enhanced digestibility, high amino acid content, and the presence of bioactive peptides beneficial for health. This awareness is driving the demand in various sectors such as dietary supplements, functional foods, and sports nutrition, where there is a constant search for high-quality protein sources that support muscle repair, growth, and overall health.

• Expansion in Aquaculture and Seafood Processing:

The expansion of aquaculture and seafood processing industries provides a substantial boost to the fish protein hydrolysate market. As these industries grow, so does the availability of raw materials (fish offal and by-products) for fish protein hydrolysate production. This abundance of raw materials ensures a steady supply chain and promotes sustainable practices by valorizing by-products that would otherwise be wasted, thereby supporting the circular economy, and adding value to the seafood processing chain. This supports the industry to grow and expand.

• Technological Advancements in Production Methods:

Technological advancements in production methods have significantly impacted the growth of the fish protein hydrolysate industry. Modern techniques like enzymatic hydrolysis offer precise control over the degree of hydrolysis and the size of peptide chains, resulting in products with optimal nutritional profiles and functionalities. These advancements enhance the efficiency and scalability of fish protein hydrolysate production, allowing manufacturers to meet the growing demand with high-quality products. Improved processing technologies also enable the extraction of hydrolysates from a wider range of fish species, further diversifying the market and its applications.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/fish-protein-hydrolysate-market/requestsample

Major Companies in the Fish Protein Hydrolysate Indusutry:

• Alaska Protein Recovery LLC
• Bio-marine Ingredients Ireland Ltd.
• Copalis
• Dramm Corporation
• Gelita AG
• Great Pacific BioProducts Ltd.
• Hofseth Biocare ASA
• Janatha Fish Meal & Oil Products
• SAMPI
• Scanbio Marine Group AS
• Symrise AG
• United Fisheries Ltd.

Fish Protein Hydrolysate Market Report Segmentation:

By Technology:

• Acid Hydrolysis
• Autolytic Hydrolysis
• Enzymatic Hydrolysis

Enzymatic hydrolysis dominates the market as it allows for the controlled breakdown of fish proteins into smaller peptides and amino acids, enhancing digestibility and nutritional value without damaging essential nutrients.

By Form:

• Liquid
• Powder

Powder accounts for the largest market share due to its ease of storage, longer shelf life, and convenience in incorporating into various formulations compared to liquid forms, making it highly preferred in both food and feed industries.

By Fish Type:

• Anchovy
• Herrings
• Menhaden
• Sardine
• Shads
• Others

Anchovy represents the largest segment as these small fish are abundantly available, cost-effective, and rich in nutrients, making them an ideal raw material for producing high-quality protein hydrolysate.

By Application:

• Food
• Pharmaceuticals
• Animal Feed and Pet Food
• Cosmetics
• Others

Animal feed and pet food holds the largest share due to the high demand for nutritious and easily digestible protein sources to enhance the health and performance of livestock and pets.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific's dominance in the fish protein hydrolysate market is attributed to the region's strong aquaculture industry, rising awareness about fish protein hydrolysate benefits, and growing demand in animal feed, agriculture, and food sectors, especially in countries like China, Japan, and India.

Global Fish Protein Hydrolysate Market Trends:

The global fish protein hydrolysate market is marked by a growing inclination toward sustainable and nutritious ingredients in the food, animal feed, and agricultural sectors. With the rising demand for high-quality protein sources, fish protein hydrolysate is increasingly recognized for its superior nutritional profile, including high levels of essential amino acids and peptides that offer health benefits beyond basic nutrition. Technological advancements in enzymatic hydrolysis are enhancing product quality and efficiency, making it more appealing across various applications. Additionally, the trend toward sustainability is driving the valorization of fish by-products, promoting zero-waste in the seafood industry, and contributing to the circular economy. This confluence of nutritional awareness, technological progress, and sustainability focus is shaping the trajectory of the fish protein hydrolysate market.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=3384&flag=C

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Created on Apr 26th 2024 08:04. Viewed 102 times.

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