Title: Fishmeal & Fish Oil Market worth 14.28 Billion USD by 2022
1MarketsandMarkets Presents
Fishmeal Fish Oil Market worth 14.28 Billion
USD by 2022
http//www.marketsandmarkets.com/Market-Reports/fi
shmeal-and-fish-oil-market-52416251.html
2- "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. - Browse 74 market data tables and 59 figures
spread through 138 pages and in-depth TOC
on "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 - http//www.marketsandmarkets.com/Market-Reports/f
ishmeal-and-fish-oil-market-52416251.html
3- 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. - Aquatic animals segment dominated the fishmeal
fish oil market - The use of fishmeal fish oil is more in
aquafeed due to their nutrient contents such as
amino acids, essential fatty acids, and energy
content. Also, supplementing aquaculture feed
with fishmeal fish oil effectively returns more
sustainable non-food products back into the human
food chain. - 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.
4- 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. - 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).
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