HOME Top Market Reports Fishmeal & Fish Oil Market by Source (Salmon & Trout, Marine Fish, Crustaceans, Tilapia, Carps), Livestock Application (Aquatic Animals, Swine, Poultry, Cattle, Pets), Industrial Application (Fertilizers, Aquaculture, Pharma), and Region - Forecast to 2022

Fishmeal & Fish Oil Market by Source (Salmon & Trout, Marine Fish, Crustaceans, Tilapia, Carps), Livestock Application (Aquatic Animals, Swine, Poultry, Cattle, Pets), Industrial Application (Fertilizers, Aquaculture, Pharma), and Region - Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2017
Report Code: FB 5213

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The global fishmeal & fish oil market is estimated to be valued at USD 9.50 Billion in 2017 and projected to reach USD 14.28 Billion by 2022, at a CAGR of 8.50% from 2017. Growth in the market can be attributed to factors such increasing use of fishmeal & fish oil in swine and poultry diets and the growing aquaculture industry.

The global market has been segmented on the basis of source, livestock application, and industrial application. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, South America, and the Rest of the World (RoW). The main objectives of the report are to define, segment, and project the market size of the global market with respect to the above-mentioned segmentations and provide a detailed study of key factors influencing the growth of the market, along with profiling the key players in the market and their core competencies.

Years considered for this report are as follows:

2016 – Base Year
2017 – Estimated Year
2022 – Projected Year

Research Methodology

This report includes estimations of market sizes by value (USD million) with the base year as 2016 and a forecast period from 2017 to 2022. Top-down and bottom-up approaches have been used to estimate and validate the size of the fishmeal & fish oil market and to estimate the size of various other dependent submarkets. Key players in the market have been identified through secondary sources such as the United States Department of Agriculture (USDA) and the Food and Agriculture Organization (FAO), and their market share in respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

Fishmeal & Fish Oil Market

To know about the assumptions considered for the study, download the pdf brochure

The key players in this market include FMC Corporation (U.S.), Austevoll Seafood ASA (Norway), Croda International Plc. (U.K.), Oceana Group Limited (South Africa), and Omega Protein Corporation (U.S.).

Target Audience

The stakeholders for the report include:

  • Fishmeal & fish oil manufacturers
  • Fishmeal & fish oil traders, distributors, and suppliers
  • Feed manufacturers
  • Government and research organizations
  • Associations and industry bodies
  • Agricultural universities

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the Report

The fishmeal & fish oil market has been segmented as follows:

On the basis of Source:

  • Salmon & trout
  • Marine fish
  • Crustaceans
  • Tilapias
  • Carps

On the basis of Livestock Application:

  • Aquatic animals
  • Swine
  • Poultry
  • Cattle
  • Pets

On the basis of Industrial Application:

  • Fertilizer
  • Aquaculture
  • Pharmaceuticals

On the basis of Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • RoW (South Africa and Ecuador)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization
    1.5 Currency Considered
    1.6 Unit Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions & Limitations
    2.5 Macroindicators
           2.5.1 Rise in Consumption
           2.5.2 Growth in Aquaculture Production and Rise in Fishmeal & Fish Oil Prices

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in this Market
    4.2 Fishmeal & Fish Oil Market: Key Countries
    4.3 Developed vs Developing Markets
    4.4 Fishmeal & Fish Oil Market, By Livestock Application
    4.5 Life Cycle Analysis: Fishmeal & Fish Oil Market, By Region

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Incorporation of Fishmeal & Fish Oil in Swine and Poultry Diets
                    5.2.1.2 Improving Productivity and Environmental Performance of Aquaculture
           5.2.2 Restraints
                    5.2.2.1 EL Niρo Effect Resulting in Higher Prices
           5.2.3 Opportunities
                    5.2.3.1 Sustainable Intensification of Aquaculture
           5.2.4 Challenges
                    5.2.4.1 Wide Usage of Alternative Feed Ingredients
                    5.2.4.2 Microbial Contamination in Aquafeed

6 Industry Trends (Page No. - 41)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
           6.3.1 Prominent Companies
           6.3.2 Small & Medium Enterprises
           6.3.3 End Users
           6.3.4 Key Influencers

7 Fishmeal & Fish Oil Market, By Source (Page No. - 45)
    7.1 Introduction
    7.2 Salmon & Trout
    7.3 Marine Fish
    7.4 Crustaceans
    7.5 Tilapias
    7.6 Carps
    7.7 Others

8 Fishmeal & Fish Oil Market, By Livestock Application (Page No. - 52)
    8.1 Introduction
    8.2 Aquatic Animals
    8.3 Swine
    8.4 Poultry
    8.5 Cattle
    8.6 Pets
    8.7 Others

9 Fishmeal & Fish Oil Market, By Industrial Application (Page No. - 60)
    9.1 Introduction
    9.2 Fertilizers
    9.3 Aquaculture
    9.4 Pharmaceuticals

10 Fishmeal & Fish Oil Market, By Region (Page No. - 64)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Norway
             10.3.2 U.K.
             10.3.3 Italy
             10.3.4 France
             10.3.5 Germany
             10.3.6 The Netherlands
             10.3.7 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Vietnam
             10.4.5 Thailand
             10.4.6 Australia
             10.4.7 Rest of Asia-Pacific
     10.5 South America
             10.5.1 Peru
             10.5.2 Chile
             10.5.3 Brazil
             10.5.4 Rest of South America
     10.6 Rest of the World (RoW)
             10.6.1 Ecuador
             10.6.2 South Africa
             10.6.3 Others in RoW

11 Competitive Landscape (Page No. - 98)
     11.1 Introduction
     11.2 Vendor Dive
             11.2.1 Vanguard
             11.2.2 Dynamic
             11.2.3 Innovator
             11.2.4 Emerging
     11.3 Competitive Benchmarking
             11.3.1 Product Offering Scorecard (For All 19 Companies)
             11.3.2 Business Strategy Scorecard (For All 19 Companies)

*Top 19 Companies Analyzed for This Study are – FMC Corporation (U.S.), Austevoll Seafood ASA (Norway), Croda International PLC. (U.K), Oceana Group Limited (South Africa), Omega Protein Corporation (U.S), Sόrsan (Turkey), the Scoular Company (U.S), GC Rieber Oils (Norway), Marvesa (The Netherlands), Tasa (Peru), Orizon (Chile), Pioneer Fishing (South Africa), Triplenine Group (Peru), Pesquera Exalmar S.A.A (Denmark), Corpesca SA (Chile), FF Skagen A/S (Denmark), Copeinca ASA (Norway), Colpex (Peru), Mukka Sea Food Industries Pvt. Ltd (India).

12 Company Profiles (Page No. - 102)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     12.1 FMC Corporation
     12.2 Austevoll Seafood ASA
     12.3 Croda International PLC
     12.4 Oceana Group Limited
     12.5 Omega Protein Corporation
     12.6 Sόrsan
     12.7 The Scoular Company
     12.8 GC Rieber Oil
     12.9 Marvesa
     12.10 Tasa

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 131)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (74 Tables)

Table 1 Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 2 Salmon & Trout Market Size, By Region, 2015–2022 (USD Million)
Table 3 Marine Fish Market Size, By Region, 2015–2022 (USD Million)
Table 4 Crustaceans Market Size, By Region, 2015–2022 (USD Million)
Table 5 Tilapias Market Size, By Region, 2015–2022 (USD Million)
Table 6 Carps Market Size, By Region, 2015–2022 (USD Million)
Table 7 Other Sources Market Size, By Region, 2015–2022 (USD Million)
Table 8 Fishmeal & Fish Oil Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 9 Market Size for Aquatic Animals, By Region, 2015–2022 (USD Million)
Table 10 Market Size for Swine, By Region, 2015–2022 (USD Million)
Table 11 Market Size for Poultry, By Region, 2015–2022 (USD Million)
Table 12 Market Size for Cattle, By Region, 2015–2022 (USD Million)
Table 13 Market Size for Pets, By Region, 2015–2022 (USD Million)
Table 14 Market Size for Other Livestock, By Region, 2015–2022 (USD Million)
Table 15 Fishmeal & Fish Oil Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 16 Fishmeal & Fish Oil Market Size for Fertilizers, By Region, 2015–2022 (USD Million)
Table 17 Fishmeal & Fish Oil Market Size for Aquaculture, By Region, 2015–2022 (USD Million)
Table 18 Fishmeal & Fish Oil Market Size for Pharmaceuticals, By Region, 2015–2022 (USD Million)
Table 19 Fishmeal & Fish Oil Market Size, By Region, 2015–2022 (USD Million)
Table 20 Market Size, By Region, 2015–2022 (KT)
Table 21 North America: Fishmeal & Fish Oil Market Size, By Country, 2015–2022 (USD Million)
Table 22 North America: Market Size, By Source, 2015–2022 (USD Million)
Table 23 North America: Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 24 North America: Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 25 U.S.: Market Size, By Source, 2015–2022 (USD Million)
Table 26 Canada: Market Size, By Source, 2015–2022 (USD Million)
Table 27 Mexico: Market Size, By Source, 2015–2022 (USD Million)
Table 28 Europe: Fishmeal & Fish Oil Market Size, By Country, 2015–2022 (USD Million)
Table 29 Europe: Market Size, By Source, 2015–2022 (USD Million)
Table 30 Europe: Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 31 Europe: Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 32 Norway: Market Size, By Source, 2015–2022 (USD Million)
Table 33 U.K.: Market Size, By Source, 2015–2022 (USD Million)
Table 34 Italy: Market Size, By Source, 2015–2022 (USD Million)
Table 35 France: Market Size By Source, 2015–2022 (USD Million)
Table 36 Germany: Market Size, By Source, 2015–2022 (USD Million)
Table 37 The Netherlands: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 38 Rest of Europe: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 39 Asia-Pacific: Fishmeal & Fish Oil Market Size, By Country, 2015–2022 (USD Million)
Table 40 Asia-Pacific: Market Size, By Source, 2015–2022 (USD Million)
Table 41 Asia-Pacific: Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 42 Asia-Pacific: Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 43 China: Market Size, By Source, 2015–2022 (USD Million)
Table 44 Japan: Market Size By Source, 2015–2022 (USD Million)
Table 45 India: Market Size, By Source, 2015–2022 (USD Million)
Table 46 Vietnam: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 47 Thailand: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 48 Australia: Fishmeal & Fish Oil Market Size By Source, 2015–2022 (USD Million)
Table 49 Rest of Asia-Pacific: Fishmeal & Fish Oil Market Size By Source, 2015–2022 (USD Million)
Table 50 South America: Fishmeal & Fish Oil Market Size, By Country, 2015–2022 (USD Million)
Table 51 South America: Market Size, By Source, 2015–2022 (USD Million)
Table 52 South America: Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 53 South America: Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 54 Peru: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 55 Chile: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 56 Brazil: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 57 Rest of South America: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 58 RoW: Fishmeal & Fish Oil Market Size, By Country 2015–2022 (USD Million)
Table 59 RoW: Market Size, By Source, 2015–2022 (USD Million)
Table 60 RoW: Market Size, By Industrial Application, 2015–2022 (USD Million)
Table 61 RoW: Market Size, By Livestock Application, 2015–2022 (USD Million)
Table 62 Ecuador: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 63 South Africa: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 64 Others in RoW: Fishmeal & Fish Oil Market Size, By Source, 2015–2022 (USD Million)
Table 65 FMC Corporation: Products Offered
Table 66 Austevoll Seafood ASA: Products Offered/Operating Segments
Table 67 Croda International PLC: Products Offered
Table 68 Oceana Group Limited: Products Offered
Table 69 Omega Protein Corporation: Products Offered
Table 70 Sόrsan: Products Offered
Table 71 The Scoular Company: Products Offered
Table 72 GC Rieber Oil: Products Offered
Table 73 Marvesa: Products Offered
Table 74 Tasa: Products Offered


List of Figures (59 Figures)

Figure 1 Market Scope
Figure 2 Regional Scope
Figure 3 Research Design for Fishmeal & Fish Oil Market
Figure 4 Factors Considered for Market Breakdown
Figure 5 Breakdown of Primary Interviews, By Company Type, Designation, and Region
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Assumptions of the Study
Figure 10 Limitations of the Study
Figure 11 Global Fish Production: Data and Projections, 1984–2030
Figure 12 Salmon & Trout Segment to Dominate the Market By Source, 2017–2022
Figure 13 Aquaculture Accounted for the Largest Market, By Industrial Application, in 2016
Figure 14 Aquatic Animals Segment Expected to Dominate this Market, By 2022
Figure 15 Asia-Pacific Estimated to Lead the Fishmeal & Fish Oil Market in 2017
Figure 16 Europe to Witness Highest Growth Rate By 2022
Figure 17 an Emerging Market With Promising Growth Potential, 2016 vs 2022
Figure 18 Japan to Be the Fastest-Growing Market for Fishmeal & Fish Oil From 2017 to 2022
Figure 19 Peru Emerging as One of the Most Attractive Markets for Fishmeal & Fish Oil During the Forecast Period
Figure 20 Aquatic Animals Accounted for the Largest Share in the Asia-Pacific Region in 2016
Figure 21 Asia-Pacific Market is Experiencing High Growth
Figure 22 Fish Meal & Fish Oil: Market Dynamics
Figure 23 Value Chain Analysis of Fishmeal & Fish Oil (2015): A Major Contribution From the R&D Phase
Figure 24 Supply Chain Analysis for the Fishmeal & Fish Oil Market
Figure 25 Fishmeal & Fish Oil Market Size, By Source, 2017 vs 2022
Figure 26 Market Size, By Livestock Application, 2017 vs 2022 (USD Million)
Figure 27 Market Size, By Industrial Application, 2017–2022 (USD Million)
Figure 28 Japan Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 29 Norway Dominated the European Market in 2016
Figure 30 China Dominated the Asia-Pacific Market in 2016
Figure 31 Chile: Fishmeal Production, 2010 to 2015 (‘000 MT)
Figure 32 Dive Chart
Figure 33 Fishmeal & Fish Oil: Products Offering
Figure 34 Fishmeal & Fish Oil: Business Strategy
Figure 35 FMC Corporation: Company Snapshot
Figure 36 FMC Corporation: Product Offering Scorecard
Figure 37 FMC Corporation: Business Strategy Scorecard
Figure 38 Austevoll Seafood ASA: Company Snapshot
Figure 39 Austevoll Seafood ASA: Product Offering Scorecard
Figure 40 Austevoll Seafood ASA: Business Strategy Scorecard
Figure 41 Croda International PLC.: Company Snapshot
Figure 42 Croda International PLC: Product Offering Scorecard
Figure 43 Croda International PLC: Business Strategy Scorecard
Figure 44 Oceana Group Limited: Company Snapshot
Figure 45 Oceana Group Limited: Product Offering Scorecard
Figure 46 Oceana Group Limited: Business Strategy Scorecard
Figure 47 Omega Protein Corporation: Company Snapshot
Figure 48 Omega Protein Corporation: Product Offering Scorecard
Figure 49 Omega Protein Corporation: Business Strategy Scorecard
Figure 50 Sόrsan: Product Offering Scorecard
Figure 51 Sόrsan: Business Strategy Scorecard
Figure 52 The Scoular Company: Product Offering Scorecard
Figure 53 The Scoular Company: Business Strategy Scorecard
Figure 54 GC Rieber Oil: Product Offering Scorecard
Figure 55 GC Rieber Oils: Business Strategy Scorecard
Figure 56 Marvesa: Product Offering Scorecard
Figure 57 Marvesa: Business Strategy Scorecard
Figure 58 Tasa: Product Offering Scorecard
Figure 59 Tasa: Business Strategy Scorecard

The fishmeal & fish oil market is projected to grow at a CAGR of 8.50% from 2017, to reach USD 14.28 Billion by 2022. The increase in consumption of seafood and the growing aquaculture industry are resulting in market growth for fishmeal & fish oil, globally. Fishmeal & fish oil are derived from omnivorous fish (tilapia, catfish, common carp, and milkfish), carnivorous fish (salmon, trout, eel, seabass, seabream, and tuna), and crustacean species (marine & brackish-water shrimps, freshwater prawns, crabs, and lobsters).

On the basis of livestock application, the aquatic animals segment accounted for the largest share in the fishmeal & fish oil market in 2016. Aquatic animals are fed more fishmeal & fish oil due to their high content of essential nutrients, such as amino acids, essential fatty acids, and energy content.

On the basis of source, the salmon & trout segment accounted for the largest market for fishmeal & fish oil in 2016. Fishmeal is generally manufactured from wild-caught, small fish such as salmon & trout that contain a high percentage of bones & oil.

On the basis of industrial application, the pharmaceuticals segment is projected to grow at a higher growth rate in the global market from 2017 to 2022. Fish oil provides EPA and DHA, which play a vital role in neurological development and mental health. The rising concerns of chronic diseases among consumers result in increased consumption of fish oil with Omega-3 in various health supplements and functional foods.

The European region is projected to be the fastest-growing market for fishmeal & fish oil between 2017 and 2022. The European market experiences the maximum consumption of fishmeal & fish oil due to the increased consumption of seafood and flexibility in using secondary raw materials. Key players focus on research & development to develop innovative fishmeal & fish oil additives that provide nutrients such proteins, minerals, and vitamins to livestock through their feed.

Fishmeal & Fish Oil Market

The major challenge for the fishmeal & fish oil industry is the availability of alternative feed ingredients and microbial contamination. In addition, price volatility of raw materials is also a challenge for this market. The major consequences of the rising prices of ingredients are a shortage in the local supply of fish and unsecured future food supply.

Key players identified in the global fishmeal & fish oil market include FMC Corporation (U.S.), Austevoll Seafood ASA (Norway), Oceana Group Limited (South Africa), and Omega Protein Corporation (U.S.), which are among the key players of the fishmeal & fish oil market as these are well-established and financially stable players that have been operating in the industry for several years. Most key participants have been exploring new regions through expansions, investments, new product launches, and acquisitions across the globe to avail a competitive advantage through combined synergies.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Feed and Animal Nutrition Markets on KnowledgeStore
Request Demo