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Fish Protein Isolates Market Analysis

  • Report ID: GMI7543
  • Published Date: Nov 2023
  • Report Format: PDF

Fish Protein Isolates Market Analysis

Based on form, the powder form segment dominated around USD 564.1 million revenue in 2022. Fish protein isolates are a rich source of omega-3 fatty acids and essential amino acids. They are obtained from a variety of fish species. Protein bars, smoothies, and snacks are just a few of the food and beverage products that might benefit from their powder form's adaptability. Fish protein isolates in convenient powder form are in high demand because of the growing popularity of fitness and wellness lifestyles and the awareness that eating fish has health benefits. This meets the needs of consumers who are looking for protein options that are easily adaptable, sustainable, and nutritious.
 

Fish Protein Isolates Market Revenue Share, By Application, (2022)

Based on application, the food application segment accounted for 42.4% of the fish protein isolates market share in 2022. Fish protein isolates are experiencing a growing demand in the food industry due to their nutritional benefits and versatility. As consumers increasingly prioritize healthier and sustainable dietary choices, fish protein isolates, derived from fish sources, offer a high-quality protein option with essential amino acids. These isolates are becoming popular in the development of functional food products, including snacks, beverages, and supplements, capitalizing on their ability to enhance protein content without the use of traditional animal or plant-based proteins.
 

Based on distribution channel, the hypermarkets/supermarkets segment is anticipated to expand at 8% CAGR through 2032, as they provide a simple and accessible platform for customers to purchase a large choice of fish protein isolate products. The vast selection offered at these retail stores appeals to a wide range of preferences and dietary requirements, which contributes to the growing popularity of fish protein isolates as a sought-after nutritional supplement. Furthermore, the ease of one-stop shopping in hypermarkets and supermarkets increases the visibility and availability of fish protein isolates, boosting their demand among health-conscious customers looking for alternative protein sources.
 

North America Fish Protein Isolates Market Revenue, 2021 - 2032 (USD Million)

North America fish protein isolates market size held over USD 265.2 million in 2022, owing to rising consumer awareness of the nutritional advantages of fish-based proteins. Consumers are looking for alternative protein sources as their focus on health and wellness grows, and fish protein isolates are gaining popularity as a high-quality, readily digested protein choice. FPI is popular among North American consumers due to its high amino acid profile, omega-3 fatty acids, and absorption.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of fish protein isolates reached USD 660.7 million in 2022 and is poised to surpass USD 1.34 billion by 2032, owing to the increased awareness of the health benefits of fish consumption, growing trend toward high-protein diets, and preference for sustainable and eco-friendly protein sources.

Hypermarkets/supermarkets segment is anticipated to record 8% CAGR from 2023 to 2032, as they provide a simple and accessible platform for customers to purchase diverse choices of fish protein isolate products.

North America market was valued at USD 265.2 million in 2022, due to rising consumer awareness of the nutritional advantages of fish-based proteins in the region.

Scanbio Marine Group, Bio-marine Ingredients Ireland Ltd., Diana Aqua (Symrise AG), Hofseth BioCare ASA, Copalis Sea Solutions, Colpex International, Janatha Fish Meal & Oil Products, Siam Industries International, Bio-Oregon Protein, Nutrifish, Omega Protein Corporation.

Fish Protein Isolates Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 265
  • Countries covered: 22
  • Pages: 180
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