Fish Protein Concentrate Market to Grow at CAGR of 7.0% through 2029 | Future Market Insights

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Fish Protein Concentrate Market will reach at a
CAGR of 7.0 during 2019-2029 Future Market
Insights

• March 2020

Report Id REP-GB-8037 Published On
12-July-2019 Category Food and Beverages
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Fish Protein Concentrate Market Analysis
Future Market Insights (FMI), in its new research
study, underlines the key elements shaping growth
of fish protein concentrate market for the
assessment period of 2019-2029. According to the
research study, sales of fish protein concentrate
touched 57,466 MT in 2018, and are likely to
grow by 5.5 YOY in 2019. As fish protein
concentrate goes up the popularity scale as a
viable ingredient for value-addition, market
players are looking for ways to enable a
production ramp-up in a bid to bridge the
supply-demand gap. According to the research
study, demand for animal-sourced protein is
seeing a quantum leap, as animal proteins have
gotten positive reviews in recent years from a
nutritional standpoint. Consumers are now showing
much more confidence in animal proteins, which is
a distinct move away from the time when
plant-sourced was synonymous with healthy.
Such trends are signaling the influx of promising
opportunities for the fish protein concentrate
market in 2019 and beyond, finds the
report. The leading participants in the market
could also center on devising persuasive and
influential marketing strategies by identifying
the regional patterns of animal-sourced proteins.
Powerful advertisements are no less than a
harpoon for capturing the ideal customer targets,
which, in turn, will help the manufacturers to
hit the right the right spot.
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Fish Protein Concentrate Market Analysis
The research study finds that growth of brands in
the fish protein concentrate market will be
largely defined by the bespoke formulations they
bring into the table for their customers. In
addition, governments across various countries-
the U.S. Sweden, Canada, and Japan to name a few-
are centering on promoting fish protein
concentrate as a must-have ingredient. This, in
turn, is poised to create a new pool of
opportunities for the market players to tap
into. According to the report, type C will
clearly lead the pack by a large margin, followed
by Type B and Type A. Since the type C is
manufactured under utmost hygienic conditions, it
has been and, will continue to be perceived of
being ideal for consumption. In addition, prices
of type C are relatively reasonable as compared
to type B and A, which further underpins the
overall growth in consumption of type C through
2029. The report further opines that consumers
will continue to show marked preferences for
powder forms over liquid ones, owing to their
larger shelf-life and easy-to-transport
benefits.
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Fish Protein Concentrate Market Analysis
Opportunities galore for the market players of
fish protein concentrate, as the food beverage
producers worldwide are embracing fish protein
concentrate for value-addition purposes. As the
transition towards nutritional diet firms up,
food and beverage producers are leaning on fish
protein concentrate to increase their product
integrity. Use of fish protein concentrate in
cosmetic and personal care industry is likely to
pick pace through 2029, as the demand for
chemical-laden cosmetic and personal products is
seeing a drastic collapse. Manufacturers to
Extensively Focus on RD Activities, Cogent
Packaging Remains a Priority Manufacturers will
continue pouring investments in RD activities,
as product innovations in such a turbulent market
space certainly pays off. As the leading
companies face intense competition from regional
players, their focus on research and development
will continue to get strong and profound.
Manufacturers are also focusing on offering
wholesome and consistently available fish protein
concentrate, so that their products clearly stand
out amid the global market shelves.
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Fish Protein Concentrate Market Analysis

• Packaging continues to be a key interactive tool
  for the manufacturers to convey their brand
  values and establish meaningful relationships
  with their end user bases. The market players are
  placing transparency in packaging at the top of
  all their marketing priorities, as product
  transparency plays a key role in turning consumer
  decisions into the brands favour.
• Source Link https//www.globenewswire.com/news-re
  lease/2019/07/16/1883238/0/en/Fish-Protein-Concent
  rate-Market-Revenues-to-Expand-at-a-CAGR-of-7-by-2
  029-Future-Market-Insights.html
• More from FMIs Food and Beverages Market
  Intelligence
• Cacao Beans Market
• Vitamin Gummies Market
• Fermented Ingredients Market

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Fish Protein Concentrate Market Analysis
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insights and an aerial view of the competitive
framework and future market trends. Contact
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