The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.
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The market is fragmented and is characterized by the presence of many regional and global players occupying the competitive landscape. Vendors are adopting various organic and inorganic growth strategies to compete in the market.
Austral Group S.A.A., Corpesca SA, Corporacion Exalmar SA, CorporaciOn Pesquera Inca SAC Av., Diamond Aqua Fishes Meal, FF SKAGEN AS, Hayduk, Omega Protein Corp., Tasa, and TripleNine are some of the dominant players in the market.
The increasing consumption of meat and poultry, the growing demand for low-cost high protein animal feed, and the high performance of fishmeal in aquaculture will offer immense growth opportunities. However, the increasing stringency of regulations, the availability of alternative feed additives, and microbial contamination in aquafeed will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Fishmeal Market 2022-2026: Segmentation
Fishmeal Market is segmented as below:
- Application
- Animal Feed
- Agriculture
- Pharmaceuticals
- Geography
- North America
- APAC
- Europe
- South America
- MEA
The fishmeal segment will have the largest share of the market. Fishmeal is widely used as fish feed for species such as trout and salmon. It is a major protein supplement for farm animals. Also, it is a low-cost source of high protein for animals, which, in turn, helps to produce a high quantity of bacon, eggs, pork, and chicken. All these factors are driving the growth of the segment.
In terms of geography, the market will witness significant growth in APAC. The region currently holds 36% of the global market share. The rapid expansion of the urban population and the proliferation of food joints have increased the consumption of meat in the region. In addition, the increasing consumer inclination toward the consumption of healthy and nutritious animal feed products such as fishmeal. These factors are accelerating the growth of the fishmeal market in APAC. China and India are the key markets for fishmeal in APAC.
Download a Free Sample for highlights on other segments and regions in the global fishmeal market.
Fishmeal Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist fishmeal market growth during the next five years
- Estimation of the fishmeal market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the fishmeal market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of fishmeal market vendors
Related Reports:
Aquaculture Feed Market by Product and Geography - Forecast and Analysis 2021-2025
Groundfish Market by Product and Geography Forecast and Analysis 2022-2026
Fishmeal Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.11% |
Market growth 2022-2026 |
USD 1.98 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.43 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
APAC at 36% |
Key consumer countries |
US, China, Germany, UK, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Austral Group S.A.A., Corpesca SA, Corporacion Exalmar SA, CorporaciOn Pesquera Inca SAC Av., Diamond Aqua Fishes Meal, FF SKAGEN AS, Hayduk, Omega Protein Corp., Tasa, and TripleNine |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent market
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Packaged Foods and Meats Market
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Primary processing
2.2.4 Secondary and tertiary processing
2.2.5 Outbound logistics
2.2.6 End-customers
2.2.7 Marketing and sales
2.2.8 Services
2.2.9 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 07: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2021
5. Market Segmentation by Application
5.1 Market segments
The segments covered in this chapter are:
- Animal feed
- Agriculture
- Pharmaceuticals
Exhibit 15: Application - Market share 2020-2025 (%)
5.2 Comparison by Application
Exhibit 16: Comparison by Application
5.3 Animal feed - Market size and forecast 2021-2026
Exhibit 17: Animal feed - Market size and forecast 2021-2026 ($ million)
Exhibit 18: Animal feed - Year-over-year growth 2021-2026 (%)
5.4 Agriculture - Market size and forecast 2021-2026
Exhibit 19: Agriculture - Market size and forecast 2021-2026 ($ million)
Exhibit 20: Agriculture - Year-over-year growth 2021-2026 (%)
5.5 Pharmaceuticals - Market size and forecast 2021-2026
Exhibit 21: Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
Exhibit 22: Pharmaceuticals - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Application
Exhibit 23: Market opportunity by Application
6. Customer landscape
Exhibit 24: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
- North America
- APAC
- Europe
- South America
- MEA
Exhibit 25: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 26: Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 27: North America - Market size and forecast 2021-2026 ($ million)
Exhibit 28: North America - Year-over-year growth 2021-2026 (%)
7.4 APAC - Market size and forecast 2021-2026
Exhibit 29: APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 30: APAC - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 31: Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Europe - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 33: South America - Market size and forecast 2021-2026 ($ million)
Exhibit 34: South America - Year-over-year growth 2021-2026 (%)
7.7 MEA - Market size and forecast 2021-2026
Exhibit 35: MEA - Market size and forecast 2021-2026 ($ million)
Exhibit 36: MEA - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 37: Key leading countries
7.9 Market opportunity by geography
Exhibit 38: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing consumption of meat and poultry
8.1.2 Growing demand for low-cost high protein animal feed
8.1.3 High performance of fishmeal in aquaculture
8.2 Market challenges
8.2.1 Increasing stringency of regulations
8.2.2 Availability of alternative feed additive
8.2.3 Microbial contamination in aquafeed
Exhibit 39: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growing aquaculture production and consumption worldwide
8.3.2 Rising number of mergers, acquisitions, and collaborative partnerships
8.3.3 Increasing frequency of new product launches
9. Vendor Landscape
9.1 Landscape disruption
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
10.3 Austral Group S.A.A.
Exhibit 45: Austral Group S.A.A. - Overview
Exhibit 46: Austral Group S.A.A. - Product and service
Exhibit 47: Austral Group S.A.A. - Key offerings
10.4 Corpesca SA
Exhibit 48: Corpesca SA - Overview
Exhibit 49: Corpesca SA - Product and service
Exhibit 50: Corpesca SA - Key offerings
10.5 Corporacion Exalmar SA
Exhibit 51: Corporacion Exalmar SA - Overview
Exhibit 52: Corporacion Exalmar SA - Product and service
Exhibit 53: Corporacion Exalmar SA - Key offerings
10.6 CorporaciOn Pesquera Inca SAC Av.
Exhibit 54: CorporaciOn Pesquera Inca SAC Av. - Overview
Exhibit 55: CorporaciOn Pesquera Inca SAC Av. - Product and service
Exhibit 56: CorporaciOn Pesquera Inca SAC Av. - Key offerings
10.7 Diamond Aqua Fishes Meal
Exhibit 57: Diamond Aqua Fishes Meal - Overview
Exhibit 58: Diamond Aqua Fishes Meal - Product and service
Exhibit 59: Diamond Aqua Fishes Meal - Key offerings
10.8 FF SKAGEN AS
Exhibit 60: FF SKAGEN AS - Overview
Exhibit 61: FF SKAGEN AS - Business segments
Exhibit 62: FF SKAGEN AS - Key offerings
10.9 Hayduk
Exhibit 63: Hayduk - Overview
Exhibit 64: Hayduk - Product and service
Exhibit 65: Hayduk - Key offerings
10.10 Omega Protein Corp.
Exhibit 66: Omega Protein Corp. - Overview
Exhibit 67: Omega Protein Corp. - Business segments
Exhibit 68: Omega Protein Corp. - Key offerings
Exhibit 69: Omega Protein Corp. - Segment focus
10.11 Tasa
Exhibit 70: Tasa - Overview
Exhibit 71: Tasa - Product and service
Exhibit 72: Tasa - Key offerings
10.12 TripleNine
Exhibit 73: TripleNine - Overview
Exhibit 74: TripleNine - Product and service
Exhibit 75: TripleNine - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objective
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 76: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 77: Research Methodology
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Information sources
11.4 List of abbreviations
Exhibit 80: List of abbreviations
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