Fish Protein Hydrolysate Market Analysis

Application (Animal Feed, Aquaculture, Pet Food)

The animal feed segment in the fish protein hydrolysate market is slated to register the largest revenue share in the year 2037. The segment growth is influenced by the increased breeding of poultry and the rising population of pigs. One of the key elements supporting the advantages of fish protein hydrolysates in many nutritional applications, including poultry feed, swine feed, and others, is their high amino acid concentration. There are around 677.6 million pigs in the world as of 2021. In the same year, there were roughly 406 million pigs in China, which is the world's largest pig producer. In addition to this, according to the Food and Agriculture Organizations of the United Nations, more than 33 billion chickens lived in the world in 2020. Asia accounted for about 46% of these.

Source (Tilapia, Tuna, Anchovy, Sardine, Crustacean, Mollusca, Atlantic Salmon, Codfish)

Fish protein hydrolysate market from the tuna segment is set to garner a significant share in the year 2037. The segmental growth is propelled on the account of rising production of tuna all across the world. According to the statistics of the United Nations, tuna and species that resemble tuna are fished annually in excess of 7 million metric tons, all over the world. These migratory tuna species make up more than 8% of all seafood traded internationally and 20% of the value of all marine capture fisheries. Besides this, the high nutritional value of tuna is also expected to boost market growth. Among other benefits, tuna has a high Omega-3 content and is a good source of minerals, proteins, and vitamin B12.

Our in-depth analysis of the global fish protein hydrolysate market includes the following segments: