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The global Fishmeal market was valued at 5806.52 Million USD in 2021 and will grow with a CAGR of .29% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Fishmeal is an excellent high protein feed ingredient. It is a brown powder or cake has been obtained by removing most of the water and some or all of the oil from fish or fish waste. It is an excellent source of protein, lipids (oils), minerals, and vitamins. It is used primarily in diets for aquaculture systems, domestic animals, sometimes used as a high-quality organic fertilizer.Currently, the world`s largest fishmeal manufacturing area is still in Peru, but in recent years, Peru`s fishmeal production dropped significantly, resulting in a tight supply market in recent years. But also led to the global fish meal prices up. By the end of 2014, the world`s fish meal price is about 1545USD / MT. But with the 2015 production rose in Peru area will alleviate this condition. There will be price decline too. 2. The world`s largest consumer market in China and Asia, which along with China regional economic development, rising demand for fish meal, so China needs to import a large amount of fish each year, according to Chinese customs data show that in 2014 China imported a total of fishmeal 1340K MT of which about 80% comes from Peru. Thus Peruvian fishmeal production is largely affected China`s fish market. Although China is the world`s largest fish consumer market, but production in China has been low, but serious excess capacity, mainly because fisheries in China surrounding seas is far from ideal status, thus leading to the operating rate in China on the serious shortage of fish meal production. At present, China manufacturing technology still has a great lack of high-end fish meal, which is a Chinese big problem to development factors. The next few years, if not encountered intense natural disasters, the global fish market does not appear large fluctuations , China`s self-sufficiency rate will continue to increase. Although the market is not clear in the coming years, but due to the profit in fishmeal industry is pretty good, while the global demand is relatively stable, the group is optimistic about this industry.

By Market Verdors:

TASA

Diamante

Austevoll Seafood ASA

COPEINCA

Corpesca SA

Omega Protein

Coomarpes

KT Group

Cermaq

FF Skagen

Austral

Kodiak Fishmeal

Havsbrun

Hayduk

Exalmar

Strel Nikova

Nissui

Iceland Pelagic

Daybrook

Rongcheng Blue Ocean Marine Bio

Hisheng Feeds

Chishan Group

Dalian Longyuan Fishmeal

Fengyu Halobios

Hainan Fish oil&fish meal

By Types:

Steam dried(SD)

Flame dried(FD)

By Applications:

Aquaculture feed

Poultry feed

Pig feed

Pet food

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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