The global fish powder market size is calculated at USD 187 million in 2024 and is predicted to attain around USD 357.67 million by 2034, expanding at a CAGR of 6.7% from 2024 to 2034.
The increased demands for fish meals are driving the adoption of the fish powder. Additionally, increased aquaculture is requiring the fish powders to feed aqua fishes to grow faster and healthier. The consumer changed preferences for nutritional contents in fish for hormonal balance, eyesight, and improved liver strengths, which are demanding for fish powder consumption in the fish diet schedules. Easy availability of fish powders in both offline and online modes has fueled the adoption rate. The growing need for food fortification is emerging in the market. Moreover, regulatory pressure for high-quality diets for animals is expected to embrace novel growth opportunities in the market.
Asia Pacific is dominating the fish powder market due to regional aqua agriculture. China is leading the regional market as it is the world's largest cultivator and producer of the farmed fish. Japan is the second largest leader of the market due to the country's culture for consumption of fish and seafood. North America is expected to witness growth in the market with the presence of a major non-vegetarian population in the region. The United States is leading the regional market due to increased adoption of animal-based ready-to-eat meals.
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| Stats ID: | 7656 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7656 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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