Fishmeal & Fish Oil Market by Source, Livestock Application, Region - 2022

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MarketsandMarkets Presents
Fishmeal Fish Oil Market - Forecast to 2022
https//www.marketsandmarkets.com/Market-Reports/f
ishmeal-and-fish-oil-market-52416251.html
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The report "Fishmeal Fish Oil Market by Source
(Salmon Trout, Marine Fish, Crustaceans,
Tilapia, Carps), Livestock Application (Aquatic
Animals, Swine, Poultry, Cattle, Pets),
Industrial Application (Fertilizers, Aquaculture,
Pharma), and Region - Forecast to 2022", The
global fishmeal fish oil market is estimated to
be valued at USD 9.50 Billion in 2017 and
projected to reach USD 14.28 Billion by 2022, at
a CAGR of 8.50 from 2017. The market is driven
by factors such as a growing trend in fishmeal
fish oil trade and the increasing global demand
for quality fish. Moreover, the demand for
seafood is increasing in export markets, which
influences the supply of improved fishmeal fish
oil for animal production. As a result, many
multinational players have entered into the
production of various fishmeal fish oil
products that provide essential nutrients to
livestock. Browse 74 market data tables and 59
figures spread through 138 pages and in-depth TOC
on "Fishmeal Fish Oil Market - Forecast to
2022 Increased consumption of seafood and
flexibility in using secondary raw materials key
to success in the European region High growth
has been observed in Europe for the fishmeal
fish oil market over the last few years. The main
reason for this growth is the increasing demand
for fishmeal fish oil due to increased demand
for fish-based food. The leading companies in
Europe are focusing on launching new products for
expansion of their business in local and
international markets. In addition, the EU
imports a wide variety of aquaculture species and
products. Norway and Germany constituted the
largest country-level markets in the European
region in 2016. Download PDF Brochure
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• Salmon trout are a widely used source of
  fishmeal fish oil with a value of USD 2,362.5
  million in 2016. This is due to the reason that
  salmon trout fish farmers have increased their
  salmon cultivation to satisfy the growing demand
  of customers globally. Moreover, fishmeal is used
  in salmon trout feed as one of the important
  ingredients that help to provide essential
  nutritional supplements to the fish.         
• With the rise in aquaculture production, large
  amounts of fishmeal are diverted from terrestrial
  livestock feed to aquatic feed. Fish oil is the
  principal source of both energy and essential
  fatty acids therefore, its usage in the
  aquaculture industry has increased. Fishmeal
  fish oil offer many benefits to aquatic animals
  such as improved immunity against diseases,
  higher survival growth, and reduced incidences
  of deformities.
• In terms of livestock, the aquatic animals
  segment accounted for the largest share of the
  global fishmeal fish oil market in 2016. The
  incorporation of fishmeal into diets of aquatic
  animals helps to reduce pollution from wastewater
  effluents by providing greater nutrient
  digestibility. Fishmeal, when added to the feed
  of aquatic animals, increases feed efficiency and
  enhances nutrient uptake, digestion, and
  absorption. This has resulted in an increase in
  the use of fishmeal fish oil for aquatic
  animals.
• The challenges faced by fishmeal fish oil
  manufacturers include a wide usage of alternative
  feed ingredients and microbial contamination in
  aquafeed. Plant-based ingredients serve as an
  alternative to marine raw materials such as
  fishmeal fish oil, thus, fulfilling the high
  requirement of balanced and easily digestible
  proteins by aquaculture. A mixture of plant
  ingredients provides essential amino acids.
  Microalgae, insect meal, and GM plants are among
  some other substitutes that can possibly replace
  fish oil. The use of these alternatives serves as
  a challenge for the fishmeal fish oil market.
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• Pharmaceuticals is projected to be the
  fastest-growing segment in the fishmeal fish
  oil market, by industrial application
• The use of fishmeal fish oil in the
  pharmaceutical industry is increasing due to
  their health benefits. Also, the rising concerns
  of chronic diseases among consumers results in
  increasing awareness about fish oil with Omega-3
  in various health supplements and functional
  foods.
• This report includes a study of marketing and
  development strategies, along with the product
  portfolio of leading companies. These companies
  include FMC Corporation (U.S.), Austevoll Seafood
  ASA (Norway), Croda International Plc (U.K.),
  Oceana Group Limited (South Africa), and Omega
  Protein Corporation (U.S.) these are
  well-established and financially stable players
  that have been operating in the industry for
  several years. Other players include Sürsan
  (Turkey), The Scoular Company (U.S.), GC Rieber
  Oils (Norway), Marvesa (The Netherlands), and
  TASA (Peru).
• Targeted Audience
• Fish oil manufacturers
• Regulatory bodies
• Intermediary suppliers
• End Users
• Request Sample https//www.marketsandmarkets.com
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•  

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