Fish Protein Concentrate Market is set for rapid growth at a CAGR of 6.8% Growth by 2032

Zion Market Research has published a new report titled “Fish Protein Concentrate by Type (Type A, Type B, and Type C), by Form (Liquid and Powder) and by End-Use (Food Processing, Cosmetics & Personal Care, Animal Feed and Biomedical Applications): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032.” According to the report, the fish protein concentrate market is growing at a CAGR of around 6.8% between 2024 and 2032.

Browse the full “Fish Protein Concentrate Market: By Type (Type A, Type B, and Type C), by Form (Liquid and Powder), by End-Use (Food Processing, Cosmetics & Personal Care, Animal Feed and Biomedical Applications), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/fish-protein-concentrate-market

Fish protein concentrate (FPC) is a healthy and highly nutritive product produced hygienically from fishes in which, protein and other nutrients are more concentrated than fresh fishes.  FPC can play an effective role in decreasing protein deficiency in some crowded parts of the world that suffers from malnutrition. Studies have shown that adding FPC to human diets has positive effects especially for growing babies and pregnant women (FAO, 2006). FPC is a low-cost animal protein with high quality, so it can be used as a protein supplement to increase the nutritive value of foods. As fish protein concentrate becomes more popular as a viable ingredient for value-addition, market players are looking for ways to enable a production increase in a bid to bridge the supply-demand gap. Demand for animal-sourced protein is seeing a big rise, as animal proteins have gotten positive reviews in recent years from a nutritional standpoint. Consumers are now showing more confidence in animal proteins. It has been estimated that developing countries would consume a much greater share of the world’s fish in the future and that trade in fish commodities would also increase. Moreover, fish consumption in developing countries would increase by 57%, from 62.7 million tons in 1997 to 98.6 million tons in 2020. Rapid population growth, increasing affluence, and urbanization were considered to drive the demand for fish as well as for livestock products in developing countries. By contrast, fish consumption in developed countries was projected to increase by about only 4%, from 28.1 million tons in 1997 to 29.2 million tons in 2020. Such trends are signaling the influx of promising opportunities for the fish protein concentrate market in 2020 and beyond.

Based on the form, the global fish protein concentrate market has been segregated into powder and liquid form. The powder form is anticipated to gain traction over the forecast properties owing to its wide use in the food and beverage industry. Fish protein concentrate in powdered form is a dried and stable fish product, intended for human consumption, in which the protein is more concentrated than in the original fish flesh. The quality and acceptability of fish protein powder (FPP) depend on several factors. The fat content of the FPP is a critical issue because when it is oxidized a strong and often rancid flavor is produced. The protein content of FPP depends on the raw materials; the amount of additives and moisture content, but it contains at least 65 % proteins. FPP is used in the food industry for developing re-structured and ready-to-eat food products. The FPP maintains its properties for 6 months at 5 °C but loses them rapidly at 30 °C. Deterioration of the FPP during storage is prevented by lowering the moisture content of the product and eliminating oxygen from the package. The FPP can be applied as a functional ingredient for developing formulated ready-to-eat products.

The food and beverage segment is expected to account for the largest market share over the forecast timeline. Increased demand globally is driven by socio-economic changes such as rising disposable income, increasing urbanization, and geriatric population. 

Some key players in operating in the global fish protein concentrate market are Colpex International, Inc., BioOregon Protein, Inc., Scanbio Marine Group AS, Ingredients, Inc., Advance International, Inc., Apelsa Guadalajara, S.A. de C.v., Aroma NZ, Bevenovo Co., Ltd., Bio Phoenix Formulations, Bio Marine Ingredients Ireland Ltd., and others.  

This report segments the global fish protein concentrate market as follows:

Global Fish Protein Concentrate Market: Type Segment Analysis

• Type A
• Type B
• Type C

Global Fish Protein Concentrate Market: Form Segment Analysis

• Liquid
• Powder

Global Fish Protein Concentrate Market: End-Use Segment Analysis

• Food Processing
• Cosmetics & Personal Care
• Animal Feed
• Biomedical Applications

Global Fish Protein Concentrate Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com