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Global Fish Meal Market Report 2018-2024; Focus on Anchovy, Blue whiting, Sardines, Capelin, Menhaden, Norway Pout, Send eel, Sprat, and Others

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News provided by

Research and Markets

Dec 18, 2018, 10:15 ET

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DUBLIN, Dec. 18, 2018 /PRNewswire/ --

The "Fish Meal Market, Global Forecast by Species, End-User: Chicken, Pig, Aquaculture, Production, Export, Import, Countries, Value Chain Analysis" report has been added to ResearchAndMarkets.com's offering.

The global fish meal market is expected to be 6.8 Thousand Tons by the end of the year 2024.

Fish Meal looks like as a brown powder, which is obtained from cooking, pressing, evaporating, drying and grinding of whole fish or by-product fish. It is very essential nutrients for animal feed because it contains a rich source of protein, amino acids, fatty acids, and other minerals.

The major growth factors of the fishmeal market are natural protein additives, the rapid expansion of the feed industry; extensive farming of aquaculture species likes salmon and Crustaceans. Moreover, an increasing number of non-vegetarian in a global perspective is also creating a huge demand for fishmeal for rapid expansion of the aquaculture industry. But, increasing adoption of fish meal substitute will hinder the growth of fish meal Industry.

Fish Meal Market Insight, Peru is the Largest Producer of Fish Meal

In this report, we have done an in-depth analysis of fish meal market and volume analysis. We have taken historical data of volume and market from 2012 to 2017 and forecast year are 2018-2024

Segment Analysis, Aquaculture is Largest End-User

In this report, we have segmented the market and volume on the basis of (Species) source of fish meal. We have shown the volume and market of each and every species from which fish meal is manufactured. These segments are Anchovy, Blue whiting, Sardines, Capelin, Menhaden, Norway Pout, Send eel, Sprat, and Others. Again, we have categorized the market and volume on the basis of end-users; Aquaculture Market & Volume, Chicken Feed Market & Volume, Pig Feed Market & Volume, and Others. Aquaculture is further fragmented into seven parts Market & Volume; Cyprinids, Eels, Crustaceans, Marine, Salmon, Tilapias, and Others aquaculture species.

Production Insights, Peru dominates the Fish Meal Market by producing Large Volume

In this report, we have shown a complete insight into the regional analysis of fishmeal. The covered countries are; Peru, China, Thailand, Vietnam, USA, Chile, Japan, Denmark, India, Norway, Ecuador, Morocco, Russia, Iceland, Malaysia, and Others. Peru is dominating the market by producing a large volume of fish meal.

Top Importing Countries, Norway is one of the Largest Importer of Fish Meal

In this report, we have covered the top 5 biggest importing countries of fish meal. The market size is presented in the form of volume size and their corresponding market. In addition to this, the report also covers complete outlook of each importing countries by explaining the major factors and growth potential and demand for fish meal.

Top Exporting Countries, Peru is the top Exporter of Fish Meal

This report explains the extensive framework of export, where you will get the complete insight of global demand and supply of fishmeal along with the top exporting nation. This report also explains the major factors that make Peru top exporter of fishmeal for a long period of time.

Market Dynamics

Growth Drivers

  • Significant growth of aquaculture Industry

Key Challenges

  • Raw Material Demand-Supply gap and cost fluctuations
  • Rising substitutes of fishmeal products

Major Fish Meal Producing Countries:

  • Peru
  • China
  • Thailand
  • Vietnam
  • USA
  • Chile
  • Japan
  • Denmark
  • India
  • Norway
  • Ecuador
  • Morocco
  • Russia
  • Iceland
  • Malaysia

Major Fish Meal Exporting Countries:

  • Peru
  • Denmark
  • Chile
  • United States
  • Morocco
  • Iceland

Major Fish Meal Importing Countries:

  • China
  • Norway
  • Japan
  • Taiwan
  • Turkey

Market Segment by Source of Species

  • Anchovy
  • Blue whiting
  • Sardines
  • Capelin
  • Menhaden
  • Norway Pout
  • Send eel
  • Sprat
  • Others

Market Segment by End-User

  • Aquaculture
    • Cyprinids
    • Eels
    • Crustaceans
    • Marine Fish
    • Salmonids
    • Tilapias
    • Others
  • Chicken
  • Pig
  • Others

For more information about this report visit https://www.researchandmarkets.com/research/xf36px/global_fish_meal?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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