Fish Powder Market Size, Share & Trends Analysis Report By Source (Whole Fish, By-product), By Application (Swine, Aquaculture, Poultry), By Region, And Segment Forecasts, 2019 - 2025

Published: Apr, 2019 | Pages: 110 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.51% during the forecast period. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.

Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.

The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world's largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.

Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.

Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.

Further key findings from the report suggest:

• In terms of revenue, whole fish as a source is projected to ascend at a CAGR of 5.62% over the forecast period of 2019 to 2025

• Aquaculture emerged as the leading application segment with a market share of over 52.03% in 2018

• Asia Pacific led the global fish powder market in 2018, with a 71.54% market share in terms of revenue. Growing aqua feed industry on account of the demand from functional ingredients mainly in developing countries such as India and China is expected to propel the market

• The market is highly competitive in nature. The main players include Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation

• Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Fish Powder Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Fish Powder Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Investment Outlook
                  5.1. Penetration & Growth Assessment
                  5.2. Challenges: Adoption, Manufacturing, Technology
                  5.3. Key Competition Analysis: Market Leaders & Emerging Players 
                  5.4. Observations & Recommendations

Chapter 6. Fish Powder Market: Source Estimates & Trend Analysis
                  6.1. Source Movement Analysis & Market Share, 2018 & 2025
                  6.2. Whole fish
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. By-product
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Fish Powder Market: Application Estimates & Trend Analysis
                  7.1. Application Movement Analysis & Market Share, 2018 & 2025
                  7.2. Swine
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  7.3. Aquaculture
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  7.4. Poultry
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  7.5. Others
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 8. Fish Powder Market: Regional Estimates & Trend Analysis
                  8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  8.2. North America
                      8.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      8.2.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                      8.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      8.2.4. U.S.
                          8.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.2.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.3. Europe
                      8.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      8.3.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                      8.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion))
                      8.3.4. Germany
                          8.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.3.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      8.3.5. U.K.
                          8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.3.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.4. Asia Pacific
                      8.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      8.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                      8.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      8.4.4. China 
                          8.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.4.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      8.4.5. Japan 
                          8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.4.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      8.4.6. India 
                          8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          8.4.6.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                          8.4.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.5. Central & South America
                      8.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      8.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)
                      8.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.6. Middle East & Africa (MEA)
                      8.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      8.6.2. Market estimates and forecast, by source, 2015 - 2025 (USD Billion)

                      8.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)

Chapter 9. Competitive Analysis
                  9.1. Key global players, recent developments & their impact on the industry
                  9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  9.3. Vendor Landscape
                      9.3.1. List of key distributors and channel partners
                      9.3.2. Key company market share analysis, 2018
                  9.4. Public Companies
                      9.4.1. Company market position analysis 
                      9.4.2. Synergy Analysis: Major Deals & Strategic Alliances
                      9.4.3. SWOT 
                  9.5. Private Companies 
                      9.5.1. List of key emerging companies/technology disruptors/innovators 
                      9.5.2. Geographical Presence 
                      9.5.3. Company market position analysis 

Chapter 10. Company Profiles
                  10.1. FMC Corporation
                      10.1.1. Company Overview
                      10.1.2. Financial Performance
                      10.1.3. Product Benchmarking
                      10.1.4. Strategic Initiatives
                  10.2. Marvesa
                      10.2.1. Company Overview
                      10.2.2. Financial Performance
                      10.2.3. Product Benchmarking
                      10.2.4. Strategic Initiatives
                  10.3. Austevoll Seafood ASA
                      10.3.1. Company Overview
                      10.3.2. Financial Performance
                      10.3.3. Product Benchmarking
                      10.3.4. Strategic Initiatives
                  10.4. Tasa
                      10.4.1. Company Overview
                      10.4.2. Financial Performance
                      10.4.3. Product Benchmarking
                      10.4.4. Strategic Initiatives
                  10.5. Croda International PLC
                      10.5.1. Company Overview
                      10.5.2. Financial Performance
                      10.5.3. Product Benchmarking
                      10.5.4. Strategic Initiatives
                  10.6. Sürsan
                      10.6.1. Company Overview
                      10.6.2. Financial Performance
                      10.6.3. Product Benchmarking
                      10.6.4. Strategic Initiatives
                  10.7. Oceana Group Limited
                      10.7.1. Company Overview
                      10.7.2. Financial Performance
                      10.7.3. Product Benchmarking
                      10.7.4. Strategic Initiatives
                  10.8. The Scoular Company
                      10.8.1. Company Overview
                      10.8.2. Financial Performance
                      10.8.3. Product Benchmarking
                      10.8.4. Strategic Initiatives
                  10.9. Omega Protein Corporation
                      10.9.1. Company Overview
                      10.9.2. Financial Performance
                      10.9.3. Product Benchmarking
                      10.9.4. Strategic Initiatives
                  10.10. GC Rieber Oil
                      10.10.1. Company Overview
                      10.10.2. Financial Performance
                      10.10.3. Product Benchmarking
                      10.10.4. Strategic Initiatives

List of Tables

1. Fish Powder - Key market driver analysis
2. Fish Powder - Key market restraint analysis
3. Global fish powder market estimates and forecast for whole fish, 2015 - 2025 (USD Billion)
4. Global fish powder market estimates and forecast for by-product, 2015 - 2025 (USD Billion)
5. Global fish powder market estimates and forecast for swine, 2015 - 2025 (USD Billion)
6. Global fish powder market estimates and forecast for aquaculture, 2015 - 2025 (USD Billion)
7. Global fish powder market estimates and forecast for poultry, 2015 - 2025 (USD Billion)
8. Global fish powder market estimates and forecast for others, 2015 - 2025 (USD Billion)
9. North America fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
10. North America fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
11. North America fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
12. U.S. fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
13. U.S. fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
14. U.S. fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
15. Europe fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
16. Europe fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
17. Europe fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
18. Germany fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
19. Germany fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
20. Germany fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
21. U.K. fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
22. U.K. fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
23. U.K. fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
24. Asia Pacific fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
25. Asia Pacific fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
26. Asia Pacific fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
27. China fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
28. China fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
29. China fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
30. Japan fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
31. Japan fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
32. Japan fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
33. India fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
34. India fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
35. India fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
36. Central & South America fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
37. Central & South America fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
38. Central & South America fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
39. MEA fish powder market estimates and forecast, 2015 - 2025 (USD Billion)
40. MEA fish powder market revenue estimates and forecast by source, 2015 - 2025 (USD Billion)
41. MEA fish powder market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
42. Vendor landscape

List of Figures

1. Fish Powder market snapshot 
2. Fish Powder market segmentation & scope
3. Fish Powder market penetration & growth prospect mapping
4. Fish Powder value chain analysis
5. Fish Powder market dynamics
6. Fish Powder market Porter's analysis 
7. Fish Powder market: Source movement analysis 
8. Fish Powder market: Application movement analysis 
9. Fish Powder market: Regional movement analysis