Fish Protein Hydrolysate Market for Animal Feed & Pet Food Application size to cross $375 Mn by 2032.

Fish Protein Hydrolysate Market for Animal Feed & Pet Food Application size is expected to surpass USD 375 million by 2032, according to a new research report by Global Market Insights Inc.
 

Growing consumption of fish and seafood products will drive the market growth. The aquaculture industry is currently one of the fastest food-producing sectors globally. Fish species such as salmon, tilapia, carp, trout, and seabass are largely farmed across aquaculture centers.
 

Awareness regarding the benefits of using fish waste in animal feed, such as the presence of long-chain omega-3 fatty acids and other minerals including vitamin D, calcium, and iodine, would stimulate product use. Extensive fishing activities and expanding the aquaculture sector of North America could advocate the market demand. According to a recent report ‘Fisheries of the United States,’ marine aquaculture accounts for nearly 7% of the domestic seafood produced by weight.
 

High absorption capacity of liquid FPH

Fish protein hydrolysate market for animal feed & pet food application from liquid form segment is anticipated to reach USD 20 million by 2032. Liquid FPHs contain around 40% of hydrolyzed protein and are largely adopted for their ease of absorption by animals. It is also a source of organic nitrogen in the form of both non-essential and essential amino acids/other nitrogenous compounds that are required for animals to grow.
 

Robust use of autolytic hydrolysis technology

The FPH market from autolytic hydrolysis technology segment is estimated to exceed USD 15 million by 2032. The autolytic mechanism is employed for the biochemical production of fish protein hydrolysates. The process involves the digestive enzymes of fish. It is an easy process and entails no enzyme costs. Digestive enzymes such as serine proteases trypsin and chymotrypsin, and thiol protease pepsin are all major enzymes of fish viscera and the digestive tract.
 

Browse key industry insights spread across 603 pages with 699 market data tables and 51 figures & charts from the report, “Fish Protein Hydrolysate Market for Animal Feed & Pet Food Application Size By Technology (Acid Hydrolysis, Enzymatic Hydrolysis), By Form (Powder, Paste, Liquid), By Source (Anchovy, Tilapia, Tuna, Sardine, Atlantic Salmon, Crustacean, Molluscs, Codfish), By Application (Animal Feed [Poultry {Broilers, Layers}, Swine, Calves, Aquaculture {Salmon, Trouts, Shrimps}, Equine], Pet Food [Cat, Dog], COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 - 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/fish-protein-hydrolysate-market-for-animal-feed-and-pet-food-applications
 

Strong demand for protein-rich tilapia

Fish protein hydrolysate market for animal feed & pet food application from tilapia segment will account USD 70 million by 2032. Tilapia fish has a larger acceptability in animal feed since it is rich in minerals including vitamin B12, potassium, and selenium. Because of its high concentration of amino acids and fatty acids, tilapia protein hydrolysate is the perfect source of protein for both omnivorous and carnivorous shrimp diets.
 

Awareness regarding animal health issues across North America

North America FPH market for animal feed and pet food application will hold USD 95 million by 2032. Livestock farmers in the region are becoming more aware of different animal health issues. The growth rate and output of swine, poultry, equines, sheep, and goats are improved using fish protein hydrolysate as they contain high levels of peptides, lipids, vitamins, and collagen. Fish hydrolysates provide regenerative, antibacterial, and antioxidant characteristics that keep skin soft. Expanding livestock sector and strong demand for meat products across North America would offer a considerable boost to market expansion.
 

Implementation of new business strategies by market leaders

Major players involved in the fish protein hydrolysate market for animal feed & pet food application include Diana Aqua (Symrise Ag), Diana Pet Food, Scanbio Marine Group, Hofseth Biocare ASA, SAMPI, Nutrifish, TC Union Agrotech, Rossyew, Sociedad Pesquera Landes Sa, Omega protein, and 3D Corporate Solutions. Companies are collaborating and merging in order to encourage product development.
 

For instance, in March 2022, Diana Pet Food, IsoNova, ADF, and Schaffelaarbos joined forces to form a single entity, Symrise Pet Food. The new firm aims to provide pet food companies with high-quality solutions to support their products.