Global Fish Protein Hydrolysate Market to Grow at 3.8% During 2024-2032, Bolstered by Expansion of Aquaculture Industry

April 13, 2021 | Food & Beverages

According to the recent report by IMARC Group, titled “Fish Protein Hydrolysate Market Report by Technology (Acid Hydrolysis, Autolytic Hydrolysis, Enzymatic Hydrolysis), Form (Liquid, Powder), Fish Type (Anchovy, Herrings, Menhaden, Sardine, Shads, and Others), Application (Food, Pharmaceuticals, Animal Feed and Pet Food, Cosmetics, and Others), and Region 2024-2032,” the global fish protein hydrolysate market is expected to grow at a CAGR of 3.8% during 2024-2032. Fish protein hydrolysate (FPH) is a bioactive product of fish protein that contains degraded amino acids and peptides. The protein hydrolyzation process involves the disintegration of proteins, which helps in the reconstruction of fish tissues into small parts and ultimately into amino acids and peptides. FPH can be formulated using various kinds of salt and freshwater fishes, such as salmon, tuna, anchovy, sardine, and crustaceans. It is a rich source of healthy fatty acids that aid in maintaining blood pressure and improving the overall cardiovascular health. FPH is used as a food binder, gelling agent, emulsifier, and nutritional supplement in the food, pharmaceutical, cosmetics, and nutraceutical industries.

Global Fish Protein Hydrolysate Market Trends:

One of the key factors driving the global fish protein hydrolysate market is the widespread adoption of FPH as a cryoprotectant in aquaculture and animal feed to prevent the outbreak of infectious diseases. The addition of these compounds in feed products helps in reducing disease outbreaks and improving metabolic system against infections. Besides this, the extensive application of FPH in the pharmaceutical industry is contributing to the market growth. It is quickly absorbed by the body, which aids in muscle growth, reduces hypertension, and treats various gastrointestinal ailments. Moreover, the growing utilization of fish proteins in the preparation of various food products, such as sports nutrition, infant formulas, and protein supplements, is escalating the demand for FPH across the globe.

Market Summary:

On the basis of the technology, the market has been classified into acid hydrolysis, autolytic hydrolysis, and enzymatic hydrolysis. Currently, enzymatic hydrolysis dominates the market share.
Based on the form, the market has been bifurcated into liquid and powder. Amongst these, powder accounts for the majority of the market share.
Based on the fish type, the market has been divided into anchovy, herrings, menhaden, sardine, shads, and others. At present, anchovy is the most popular fish type in the market.
On the basis of the application, the market has been categorized into food, pharmaceuticals, animal feed and pet food, cosmetics, and others. At present, animal feed and pet food is the largest application, dominating the market.
Region-wise, the market has been segregated into Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), North America (the United States and Canada), and Middle East and Africa.
The competitive landscape of the industry has also been examined, along with the profiles of the key players, including Alaska Protein Recovery LLC, Bio-marine Ingredients Ireland Ltd., Copalis, Dramm Corporation, Gelita AG, Great Pacific BioProducts Ltd., Hofseth Biocare ASA, Janatha Fish Meal & Oil Products, SAMPI, Scanbio Marine Group AS, Symrise AG and United Fisheries Ltd.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Technology, Form, Fish Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Alaska Protein Recovery LLC, Bio-marine Ingredients Ireland Ltd., Copalis, Dramm Corporation, Gelita AG, Great Pacific BioProducts Ltd., Hofseth Biocare ASA, Janatha Fish Meal & Oil Products, SAMPI, Scanbio Marine Group AS, Symrise AG and United Fisheries Ltd.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Fish Protein Hydrolysate Market to Grow at 3.8% During 2024-2032, Bolstered by Expansion of Aquaculture Industry

Purchase options

Single User License ~~$3899~~ $2999
Five User License ~~$4899~~ $3999
Corporate User License ~~$5899~~ $4999

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.