Global Fish Protein Hydrolysate Market Size Was Valued at USD 271.46 Billion In 2022 And Is Projected to Reach USD 416.61 Billion By 2030, Growing at A CAGR of 5.5% From 2023 To 2030.271.46
Fish protein hydrolysate market Fish protein hydrolysate (FSH) is obtained after the breakdown of fish proteins. It is a collective term for long peptides, short peptides, and amino acids. The high protein promotes the development of animal cells. Moreover, fish protein hydrolysate has shown noticeable effects in boosting the immune system, aiding digestion, and enhancing the metabolic process. Additionally, peptides present in hydrolysate have qualities like antioxidant, anti-obesity, anticoagulation, anti-microbial, anti-cancer, and antihypertension. Attributed to these qualities, nutraceuticals and pharmaceutical companies have started manufacturing multivitamins containing fish protein thus, promoting the growth of the fish protein hydrolysate market over the projected period.
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Top market Players Covered in Fish Protein Hydrolysate Market,
Copalis Sea Solutions (France), GELITA AG (Germany), CR Brown Enterprises (US), Janatha Fish Meal & Oil Products (India), Alaska Protein Recovery LLC (US), Shenzhen Taier (China), Hofseth BioCare ASA (Norway), Neptune's Harvest (US), Nutrifish (France), SOPROPÊCHE (France), Great Pacific BioProducts Ltd (Canada), TripleNine (Denmark), Aller Aqua (Denmark), and other major players
The global Global Fish Protein Hydrolysate Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Global Fish Protein Hydrolysate Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Global Fish Protein Hydrolysate Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Global Fish Protein Hydrolysate Market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Global Fish Protein Hydrolysate Market Report:
The fish protein hydrolysate market can be segmented based on various factors, including its applications, source of fish material, form, and end-users. Here are some common segmentation criteria for the fish protein hydrolysate market:
By Type
· Enzymatic Hydrolysis
· Autolysis
· Microbial Hydrolysis
· Chemical Hydrolysis
By Application
· Animal Nutrition
· Food & Dairy Product
· Cosmetics
· Pharmaceuticals
By Form
· Powder
· Granules
· Liquid
By Sources
· Tuna
· Salmon
· Beluga
· Eel
· Sturgeon
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Global Fish Protein Hydrolysate Market:
· In July 2023, Dram Corporation introduced Dram Outdoors, a new line of fittings, risers and irrigation nozzles for nursery and field-grown crops. The Dram outdoors line includes a unique plumbing system that allows for quick installation and dismantling of irrigation plumbing and riser systems.
· In May 2023, Gelita AG announced that their VERISOL HST, optimized for use in the popular gummy POWDERt, won this year's NutraIngredients Europe Award “Ingredient of the Year” in the category “Beauty from Within”. The NutraIngredients Europe Award recognizes the top products the industry has to offer in customized nutrient solutions for skin, nail, and hair care for all ages.
· In February 2022, Bio-marine Ingredients Ireland Ltd., which is majority-owned by Killybegs fishermen, succeeded in raising €6.5m via a loan note. The funding came from clients of Cantor Fitzgerald, who worked with Bio-Marine on the convertible loan note. The company plans to raise institutional funding later this year for a €50m plant in Donegal.
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