New York, Global Fish Powder Market report from Global Insight Services is the single authoritative source of intelligence on Fish Powder Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The fish powder is a powder made from dried fish. It is used as a seasoning or as flour for coating fish before frying. The fish powder has a strong flavor and is used sparingly. It is an important ingredient in many Asian cuisines.
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Key Trends
The fish powder market is fragmented in nature with the presence of a large number of small- and medium-sized manufacturers. The key players in the market include Marine ingredients, Marine Harvest, Aqua Star, and Thai Union.
The industry is witnessing a shift in the production process from the traditional sun-drying method to the more modern and efficient freeze-drying method. This is due to the superior quality of freeze-dried powder and the increased shelf life.
The use of fish powder as a food ingredient is gaining popularity due to its high protein content and health benefits. It is used as a protein supplement in sports nutrition products and as a base ingredient in pet food.
Key Drivers
The key drivers of the Fish Powder market are the rising demand for fish powder as a protein-rich food, the growing popularity of fish powder as a health food, the increasing demand for fish powder as a dietary supplement, and the growing popularity of fish powder as a natural food colorant.
The rising demand for fish powder as a protein-rich food is driven by the growing awareness of the health benefits of fish protein, the increasing popularity of fish as a health food, and the growing demand for fish powder as a dietary supplement.
The growing popularity of fish powder as a health food is driven by the growing awareness of the health benefits of fish protein, the increasing popularity of fish as a health food, and the growing demand for fish powder as a dietary supplement.
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Market Segments
The fish powder market is segmented by species, type, application, and region. By species, the market is classified into anchovy, sand eel, and others. Based on type, it is bifurcated into fish protein powder, and fish meal powder. On the basis of application, it is bifurcated into animal feed, food, cosmetics, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global fish powder market includes players such as Polfish, Aksha Fish Meal and Oil, Austevoll Seafood ASA, Omega Protein Corporation, FMC Corporation, Croda International Plc., Oceana Group Limited, GC Rieber Oil, Marvesa, Austevoll Seafood ASA, and others.
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