Global Fish Meal Market

Global Fish Meal Market By Application (fertilizers, feed and others); By Livestock (poultry, swine, ruminants, aquatic animals and others); By Source (salmon and trout, marine fish, crustaceans, tilapia and others); By Region (North America, Europe, Asia-pacific and rest of the world)- Analysis of market size, share & trends for 2016-19 and forecasts to 2030

Global Fish Meal Market

Global Fish Meal Market By Application (fertilizers, feed and others); By Livestock (poultry, swine, ruminants, aquatic animals and others); By Source (salmon and trout, marine fish, crustaceans, tilapia and others); By Region (North America, Europe, Asia-pacific and rest of the world)- Analysis of market size, share & trends for 2016-19 and forecasts to 2030

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

Product overview

A fish meal is a commercial product made out of fish that are generally not used for human consumption. Fishmeal is commonly used to feed farm animals and as fertilizers. Fishmeal is made out of bones and offal leftover of the fishes, caught by commercial fisheries, which is then dried and crushed into powder and cake.

Market highlights

Global Fish Meal Market is expected to exceed USD 16,276.67 billion by 2030 from USD 9,340.66 million in 2016 at a CAGR of 7.8% throughout the forecast period, i.e., 2020-2030. The global fishmeal market is estimated to grow on the back of the following reasons. Fishmeal is rich in calcium, protein, crude fiber, and amino acids which can be easily digested by the livestock, even by the aquatic animals. Moreover, it contains plenty amount of other vital minerals and fatty acids which are essential for the growth and development of various livestock. Additionally, fishmeal is a rich source of organic nitrogen and hence is extensively used as fertilizer as it accelerates the growth of plants. Thus, increasing demand for protein in animal feed is going to drive the growth of the global fishmeal market.

Global Fishmeal Market: Segments

Global Fish Meal Market has been bifurcated on the basis of application, livestock, source, and region.

On the basis of livestock, it is divided into ruminants, swine, poultry, aquatic animals, and others. Based on the source it is segmented as salmon and trout, anchovy, marine fish, menhaden, capelin, pilchard, tilapia, sand eel, and others. The oily fish species is a profitable source as it is high in protein and useful for making fishmeal and fish oils. On the basis of application global fishmeal market is categorized as fertilizers, pharmaceuticals, feed, and others.

Global Fishmeal Market: Drivers and Restraints

Drivers:

Increasing demand for organic nitrogen

Fishmeal is rich in organic nitrogen and hence is being demanded by the agricultural sector in order to ensure the healthy and fast growth of the crops.

Rising awareness of health

Since people are now more aware of health and want to boost their immunity naturally they are opting for more organic solutions. Fishmeal and fish oil is a rich source of amino acids, proteins and omega-3 are catalyzing the demand of innovative health supplements both for infants and adult consumers.

Restraint:

Price Volatility

Volatility concerning the prices of fishmeal products is one of the major restraints that is expected to hamper the growth of the Global Fishmeal Market in the upcoming years. However, a steady increase in the prices of raw material (fish) is going to decrease the demand for Fishmeal products.

Global Fishmeal Market: Region

Global Fish Meal Market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and Middle-East& Africa. At present, Asia-Pacific holds a major share in the global market. Europe is the second-most market-leading region after the Asia Pacific. Germany, Italy, France, and Switzerland are the countries with major consumption in the European region.

Global Fishmeal Market: Impact of Covid-19

The global pandemic Covid-19 has become global stress not just for human lives but also to many industries across different industry verticals. The Covid-19 virus has infected several million people across the world, with the United States accounting for the highest share of infected cases. With an increasing number of active cases on a daily basis, it is difficult to predict the duration of the pandemic. The adverse impact of Covid-19 on the global fishmeal market can be seen by the fact that the demand has declined significantly as China being one of the major consumers was severely hit by the disease, decline in production due to worldwide lockdown.

Key players

Some key players operating in the fishmeal market are:

 Croda International Plc (UK)

o Company overview

o Business Strategy

o Key Product Offerings

o Financial Performance

o Key Performance Indicators

o Risk Analysis

o Recent Development

o Regional Presence

o SWOT Analysis

 Oceana Group Ltd (South Africa)

 FMC Corporation(US)

 Austevoll Seafood ASA(Norway)

 Omega Protein Corporation(US)

 Empresas COPEC S.A. (Chile)

 Sarma Fish S.A.R.L. (Morocco)

 Alpha Atlantique (Morocco)

 Novus International Inc(US)

 Calysta Inc(US)

Global Fish Meal Market Report also contains an analysis on:

 Fishmeal Market by Segment

o By Application

• Fertilizers

• Feed

• Others

o By Source

• Salmon and Trout

• Marine fish

• Crustaceans

• Tilapia

• Others

o By Livestock

• Ruminant

• Poultry

• Swine

• Aquatic Animals

• Others

o By Region

• North America

• Latin America

• Europe

• Asia-Pacific

• Middle-East & Africa

Contents

1. Executive Summary

2. Fishmeal Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

6. Recent Development, Policies & Regulatory Landscape

7. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

8. Fishmeal Market Analysis

1. Porters Five Forces

1. The threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

9. Global Fishmeal Market

1. Market Size & forecast, 2019A-2030F

1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10. Global Fishmeal Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada)

 By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

 By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

 By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

 By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)

 By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Application: Market Share (2020-2030F)

1. Fertilizer, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Feed, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. By Livestock: Market Share (2020-2030F)

1. Poultry, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Swine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Ruminants, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Aquatic Animals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. By Source: Market Share (2020-2030F)

1. Salmon and Trout, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Marine Fish, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Crustaceans, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Tilapia, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Company Profile

1. Croda International Inc.

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Oceana Group Ltd.

3. FMC Corporation

4. Austevoll Seafood ASA

5. Omega Protein Corporation

6. Empresas COPEC S.A.

7. Sarma Fish S.A.R.L.

8. Alpha Atlantique

9. Novus International Inc

10. Calysta Inc

12. Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Fish Meal Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the market share of the Fish Meal Market?
The Global Fish Meal Market share by vendor, as well as the concentration rate using the CR4, CR8 Index, determine the strength of competitive players like  Oceana Group Ltd (South Africa),  FMC Corporation(US),  Austevoll Seafood ASA(Norway),  Omega Protein Corporation(US),  Empresas COPEC S.A. (Chile),  Sarma Fish S.A.R.L. (Morocco),  Alpha Atlantique (Morocco),  Novus International Inc(US),  Calysta Inc(US).
How is the competition changing gears in the Fish Meal Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as  Oceana Group Ltd (South Africa),  FMC Corporation(US),  Austevoll Seafood ASA(Norway),  Omega Protein Corporation(US),  Empresas COPEC S.A. (Chile),  Sarma Fish S.A.R.L. (Morocco),  Alpha Atlantique (Morocco),  Novus International Inc(US),  Calysta Inc(US) will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What are the major applications of the Fish Meal Market?
Depending upon the type of applications, the Fish Meal Market has been segmented into and other applications.
What is the size of the Fish Meal Industry?
According to the report, the Fish Meal Industry will grow to USD XXX Million by 2030, with a YY% CAGR.
In the current situation, what value does the Fish Meal Market have?
The value of the Fish Meal Market is estimated to be USD XXX million.
How is the Fish Meal Market's changing dynamics captured?
The Fish Meal analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.