Global Fish Protein Powder (FPP) Market Size To Worth USD 11.90 Billion By 2033 | CAGR of 4.77%
Category: Food & BeveragesGlobal Fish Protein Powder (FPP) Market Size To Worth USD 11.90 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Fish Protein Powder (FPP) Market Size is Expected to Grow from USD 7.47 Billion in 2023 to USD 11.90 Billion by 2033, at a CAGR of 4.77% during the forecast period 2023-2033.
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Browse key industry insights spread across 201 pages with 110 Market data tables and figures & charts from the report on the "Global Fish Protein Powder (FPP) Market Size, Share, and COVID-19 Impact Analysis, By Type (Hydrolyzed Fish Protein, Concentrated Fish Protein, Isolated Fish Protein, Powdered Fish Protein, and Collagen Fish Protein), By Application (Dietary Supplements, Sports Nutrition, Animal Feed, Pet Food, and Functional Food), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/fish-protein-powder-fpp-market
Fish protein in the powdered form known as Fish Protein Powder (FPP) comes from a variety of fish species, including tilapia, tuna, salmon, and cod. FPP offers manufacturers a multitude of applications, such as nutritional supplements, protein bars, baked products, and drinks, to meet the needs of this expanding market. FPP provides a workable answer to the growing health consciousness of consumers are looking for alternate protein sources. Market growth is being driven by rising consumer demand for premium protein. The market is also being driven by the increased public knowledge of FPP's health benefits. It's been connected to heart health support, increased metabolism, enhanced brain function, and muscle growth promotion. These elements are drawing athletes, fitness fanatics, and those who are health-conscious to include FPP in their diets. However, the primary market restriction for fish protein powder (FPP) is the cost. Some of the expensive processes in making high-quality FPP are obtaining raw fish resources and processing, drying, and packaging.
The concentrated fish protein segment is predicted to hold the greatest market share through the forecast period.
Based on the type, the fish protein powder (FPP) market is classified into hydrolyzed fish protein, concentrated fish protein, isolated fish protein, powdered fish protein, and collagen fish protein. Among these, the concentrated fish protein segment is predicted to hold the greatest market share through the forecast period. Concentrated fish protein keeps greater quantities of its protein by removing non-protein ingredients, which makes it useful for improving nutrition in a variety of food applications.
The animal feed segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the application, the fish protein powder (FPP) market is divided into dietary supplements, sports nutrition, animal feed, pet food, and functional food. Among these, the animal feed segment is anticipated to hold the greatest market share during the projected timeframe. The effects of fish protein hydrolysates on the animal feed industry are being investigated in several ongoing studies.
North America is estimated to hold the largest share of the fish protein powder (FPP) market over the forecast period.
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North America is estimated to hold the largest share of the fish protein powder (FPP) market over the forecast period. The largest markets in the world are those in the United States, Canada, and Mexico. By drying, screening, or settling the bones, fish can be utilized to extract protein. The oil is then extracted to yield a higher protein content. The growing fish production in the region combined with these variables should drive fish demand.
Asia Pacific is predicted to have the highest CAGR growth in the fish protein powder (FPP) market over the forecast period. The most populous region in the globe, Asia-Pacific is home to some of the world's largest economies, including those of China, India, Japan, Australia, and New Zealand. The expanding government investment in the fishing industry throughout the Asia-Pacific region is expected to generate significant development prospects for the industry.
Europe is estimated to hold a significant share of the fish protein powder (FPP) market over the forecast period. The UK, Germany, France, Italy, Spain, and the rest of Europe are all covered in the analysis of the Europe fish protein powder market. Because of the existence of large manufacturers in the region that provide fish protein powders for various applications together with their expanding innovations, Europe continues to retain a substantial share in the global market for fish protein powders.
Major key players in the fish protein powder (FPP) market include Omega Protein Corporation, Bio-Oregon Protein, Copalis Sea Solutions, New Alliance Dye Chem, Nutreco, NuMega Ingredients, Titan Biotech, Janatha Fish Meal & Oil Products, Siam Industries, Prinova Group, Nutrifish, Bioflux, Aroma NZ, Qingdao Future Group., and Others.
Recent Developments
- In September 2024, the first food-grade powder production in the world, launched by Nutreco recently, is dedicated to supplying raw materials exclusively to the cell-cultured meat, poultry, and seafood industries, the observer notes.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the fish protein powder (FPP) market based on the below-mentioned segments:
Global Fish Protein Powder (FPP) Market, By Type
- Hydrolyzed Fish Protein
- Concentrated Fish Protein
- Isolated Fish Protein
- Powdered Fish Protein
- Collagen Fish Protein
Global Fish Protein Powder (FPP) Market, By Application
- Dietary Supplements
- Sports Nutrition
- Animal Feed
- Pet Food
- Functional Food
Global Fish Protein Powder (FPP) Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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