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Fish Protein Hydrolysate Market Trends

Report ID: GMI4853
Published Date: Aug 2024
Report Format: PDF

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Fish Protein Hydrolysate Market Trends for Animal Feed & Pet Food Application

The fish protein hydrolysate industry is witnessing a surge in demand, primarily driven by the push for natural and sustainable ingredients in animal feed and pet food. With pet owners increasingly prioritizing health and wellness, there's a notable shift towards premium, high-protein feed options that promise enhanced nutritional benefits. Fish protein hydrolysates stand out due to their superior digestibility and rich amino acid profile, making them a sought-after ingredient in both pet and livestock feed.

Moreover, the rising demand for organic and clean-label products is further amplifying the adoption of fish protein hydrolysates. Looking ahead, the market is poised for innovations in product formulations, with a spotlight on developing species-specific hydrolysates to cater to diverse dietary needs. There's also a trend towards utilizing alternative fish sources, like aquaculture by-products, underscoring a commitment to sustainability. Furthermore, the adoption of advanced processing technologies to boost the efficacy and stability of hydrolysates is set to propel market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of Fish protein hydrolysate for animal feed & pet food application reached USD 233.08 million in revenue in 2023 and will grow at 5.5% CAGR from 2024 to 2032, led by the rising demand for high-quality, protein-rich ingredients in animal nutrition.

The powder form segment will reach USD 343.87 by 2032, due to its versatility, ease of handling, and longer shelf life.

Asia Pacific market size will record 5.8% CAGR through 2032, owing to the presence of an extensive aquaculture sector and significant poultry and livestock sectors.

SOPROPECHE, Diana Aqua (a division of Symrise Ag), Copalis Sea Solutions, Scanbio Marine Group, Bio-Marine Ingredients Ireland Ltd, and Hofseth Biocare ASA.