[FURL=https://www.industryarc.com/Research/Fish-Protein-Concentrate-Market-Research-508011]Fish Protein Concentrate Market[/FURL] size is estimated to be 102 Million in 2019, growing at a CAGR of 6.7% during the forecast period 2020-2025. Fish protein concentrate is any stable fish preparation, intended for human consumption, in which the protein is more concentrated than in the original fish. Moreover, fish protein concentrate can be prepared from any type of fish or fishery waste. It is prepared from the fish by extracting out the oil, screening, or settling out the bones and drying, so that the resultant product (Fish Protein Concentrate) is higher in protein and lower in ash content than fish meal. Rising demand of fish protein concentrate in the production of various health supplements, food and beverages is enabling manufactures to develop new products which in turn is boosting its market growth. Apart from this the demand of fish protein concentrate in specialized feeding application with mongastric animals, such as in milk replacers or starter feeds as it an excellent source of highly digestible amino acids.Key Takeaways
Powder held the major market share in 2019, owing to the wide usage of powder in beverages and supplements.
Cosmetics segment held the largest market share in the year 2019 owing to several benefits provided by the fish protein concentrate as it is a rich source of bioactive compounds such as protein and peptides.
North America contributed to the largest market share of more than 37% owing to the presence of large dominant players in the region including Advance International.
Increasing demand of fish protein concentrate in pharmaceuticals is a major factor driving the Fish Protein Concentrate Market during the forecast period 2020-2025.
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Geography- Segment Analysis
North America contributed to the largest market share of more than 37% owing to the presence of large dominant players in the region including Advance International. Growing geriatric population and the increasing benefits of fish protein concentrate is a significant factor fueling its market growth in that region.
Drivers – Fish Protein Concentrate Market
Rising demand of Fish Protein Concentrate in Cosmetics and Personal Healthcare Products :
Increasing demand of Fish Protein Concentrate in Pharmaceuticals :
Fish Protein Concentrate Market Industry Outlook : Fish Protein Concentrate Market top 10 companies are Apelsa Guadalajara, Aroma Nz, Bevenovo, Limited, BioOregon Protein, Mukka Seafood Industries, New Alliance Dye Chem Pvt Ltd, Nutrifish, Qingdao Future Group, Scanbio Marine Group and AACL Bioflux.
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