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Fish Protein Hydrolysate Market Growth Analysis, Industry Trends and Forecast by 2024

Author : Rahul Sankrityayan | Published Date : 2019-08-30 

Global Market Insights, Inc. added research on Fish Protein Hydrolysate Market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, market also includes an in-depth study of the industry’s competitive scenario.

Rising awareness about the toxic effects of chemical fertilizers along with the growing demand for healthy & safe animal feed will propel fish protein hydrolysates market growth. These products serve as a feed for various livestock species on account of their high nutritional and protein content in a highly digestible format with a good amino acid profile. These products undergo a slow breakdown in the soil, ensuring that they provide nitrogen compounds to plants for a longer duration and stimulating the growth of beneficial microbes & fungi, which will nourish plants and stimulate market growth.

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U.S. fish protein hydrolysate market with respect to enzymatic hydrolysis should register over 5% gains by 2024. This technique prevents the generation of high salt content in downstream operations, which maintains product quality. Enzymatic hydrolysis also yields nutritional fish protein hydrolysate which offers bioactive peptides for the treatment of diseases, making it suitable for animal nutrition and pharmaceutical industries, further stimulating market growth.

China fish protein hydrolysate market from tuna surpassed USD 6.5 million in 2017. These products are witnessing rising adoption from the functional food industry pertaining to their high antioxidizing ability. These products offer high solubility which increases their suitability as flavor enhancers, aquatic feed, and food ingredient manufacturers which should stimulate market growth.

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Fish protein hydrolysate market with respect to animal feed applications should exceed USD 175 million in the forecasted timeframe. The product is considered as a vital feed ingredient as it provides sufficient amount of collagen and peptides allowing rapid growth of swine, poultries, sheep, equine, and goats. Increasing consumer awareness with reference to livestock health along with booming demand for healthy nutrient enriched animal feed may stimulate product demand.

Fish protein hydrolysate market share is fragmented among various prominent manufacturers such as Copalis Sea Solutions, Diana Aqua, SOPROPECHE, Scanbio and TripleNine. Several industry participants are engaging in strategic acquisitions to enhance product quality, expand regional presence and partnerships to achieve business synergy and ensure technological advancement.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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