According to a research report published by Spherical Insights & Consulting, the Global Fish Protein Powder (FPP) Market Size Expected to Grow from USD 7.47 Billion in 2023 to USD 11.90 Billion by 2033, at a CAGR of 4.77% during the forecast period 2023-2033.

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Fish Protein Powder, abbreviated as FPP, is a product which has dehydrated and concentrated fish food for human consumption in the food industry. The production has been enriched using fish flesh, fish by-products, and additives. The protein levels in fish protein products are much higher than those in their natural counterparts. With its elevated protein and health claims, it’s expected to find a significant place among the nutritional supplements on products used in food and beverage. Being high in vitamins, omega-3 fatty acids, and essential amino acids, it presents an option for everyone with some dietary restrictions or special nutrition needs. The growing consumer preference for functional foods and dietary supplements high in protein forms one of the key aspects of driving the market’s growth. Health consciousness is rapidly rising and auguring well for business in fish protein powder (FPP). As people are gaining knowledge about the benefits of a high-protein diet, they are inclined toward fish protein because of its superb amino acid profile, lesser fat, and abundant essential nutrients, including omega-3 fatty acids. On the one hand, developments in the market for nutraceuticals and functional foods are driven by rising awareness of unhealthy lifestyle-associated ailments such as diabetes, cardiovascular disease, obesity, and so on. However, the major barriers in the market include price restrictions on fish protein powder (FPP). High-quality FPP production is an expensive process that has among its costs acquiring raw fish sources, processing, drying, and packaging.

Browse key industry insights spread across 201 pages with 110 Market data tables and figures & charts from the report on the Global Fish Protein Powder (FPP) Market Size, Share, and COVID-19 Impact Analysis, By Type (Hydrolyzed Fish Protein, Concentrated Fish Protein, Isolated Fish Protein, Powdered Fish Protein, and Collagen Fish Protein), By Application (Dietary Supplements, Sports Nutrition, Animal Feed, Pet Food, and Functional Food), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The concentrated fish protein segment is estimated to hold the largest market revenue share through the projected period.

Based on the type, the fish protein powder (FPP) market is classified into hydrolyzed fish protein, concentrated fish protein, isolated fish protein, powdered fish protein, and collagen fish protein. Among these, the concentrated fish protein segment is estimated to hold the largest market revenue share through the projected period. The growth is attributed to the concentration of fish protein, whereby other components besides proteins are eliminated, which would give it a higher protein concentration, making it useful in improving the nutrition profile of many food applications.

The animal feed segment is anticipated to hold the majority market share through the forecast period.

Based on the application, the fish protein powder (FPP) market is divided into dietary supplements, sports nutrition, animal feed, pet food, and functional food. Among these, the animal feed segment is anticipated to hold the largest market share through the forecast period. The growth is driven due to the fact that, since animals are an important part of the food chain, the usage of fish protein powder in animal feed is expanding. It also forms a significant part of the consumer diet in the form of animal products such as meat, eggs, and milk as improved sources of protein.

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North America is projected to hold the largest share of the global fish protein powder (FPP) market over the forecast period.

North America is projected to hold the largest share of the global fish protein powder (FPP) market over the forecast period. There is growing health awareness and an upsurge in the need for protein-rich dietary supplements anticipated to unleash the market in North America, in which the highly advanced nutrition sectors across the US and Canada would account for a significant portion of the market. North America, particularly the U.S., will likely continue defining the market trend. Any development in the United States is likely to have a great impact on the global fish protein powder [FPP] market.

Asia Pacific is expected to grow at the rapid CAGR of the global fish protein powder (FPP) market during the forecast period. Due to its continually urbanizing population, escalating per capita disposable income, and rapid growth in the middle-class population, this region is considered the most potential development area for markets where China, Japan, and India are quite significant. The ever-growing government investment in the fisheries sector of the Asia-Pacific region is forecast to create development opportunities in this sector.

Europe is anticipated to hold a significant share of the fish protein powder (FPP) market over the predicted timeframe. The structure of very strong regulations and a high degree of consumer knowledge about the health benefits of this product, the major three continents in consumption are the UK, Germany, and France.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the fish protein powder (FPP) market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the global fish protein powder (FPP) market are Omega Protein Corporation, Bio-Oregon Protein, Copalis Sea Solutions, New Alliance Dye Chem, Nutreco, NuMega Ingredients, Titan Biotech, Janatha Fish Meal & Oil Products, Siam Industries, Prinova Group, Nutrifish, Bioflux, Aroma NZ, Qingdao Future Group., Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In September 2024, Nutreco recently announced the building of the first food-grade powder production facility of its kind in the world, solely for raw materials dedicated to the cell-cultured meat, poultry, and seafood industry.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global fish protein powder (FPP) market based on the below-mentioned segments:

Global Fish Protein Powder (FPP) Market, By Type

• Hydrolyzed Fish Protein
• Concentrated Fish Protein
• Isolated Fish Protein
• Powdered Fish Protein
• Collagen Fish Protein

Global Fish Protein Powder (FPP) Market, By Application

• Dietary Supplement
• Sport Nutrition
• Animal Feed
• Pet Food
• Functional Food

Global Fish Protein Powder (FPP) Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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