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

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

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The fishmeal & fish oil market is estimated at USD 9,500.99 million in 2017 and is projected to reach USD 14,288.46 billion by 2022, growing at a CAGR of 8.5% during the forecast period. The global fishmeal & fish oil market is projected to grow due to factors such as rising use of fishmeal & fish oil in swine and poultry diets and improving productivity and performance of aquaculture. – PowerPoint PPT presentation

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


1
MarketsandMarkets Presents
Fishmeal Fish Oil Market - Forecast to 2022
https//www.marketsandmarkets.com/Market-Reports/f
ishmeal-and-fish-oil-market-52416251.html
2
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
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id52416251
3
  • 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.
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id52416251

4
  • 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
    /requestsampleNew.asp?id52416251
  •  

5
Contact Us
Contact Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road  Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  Email
sales_at_marketsandmarkets.com Blog _at_
https//mnmblog.org/market-research/agriculture Co
nnect with us on LinkedIn _at_ http//www.linkedin.co
m/company/marketsandmarkets
6
About MarketsandMarkets
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