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Part of: Fishery By-products Market (Global)

The Europe Fishery By-products Market was valued at $4732 Million in 2025 and projected to reach to $5367.1 Million by 2030, representing a compound annual growth rate of 6.3%. Europe's fishery by-products market demonstrates resilient growth underpinned by established aquaculture industries in Norway, Denmark, and the Mediterranean, coupled with increasing adoption of sustainable processing practices.

Europe Fishery By-products Market (2025-2030) : Size and Share
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Market Size in USD 26.32 MN
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Europe Fishery By-products Market Trends and Insights

  • Europe maintains a significant position in the global fishery by-products sector, driven by established aquaculture industries, stringent sustainability regulations, and advanced processing technologies across the region.
  • The market in Europe benefits from strong demand for fish meal, fish oil, and collagen-based products across animal feed, pharmaceutical, and cosmetic applications. During the forecast period from 2025 to 2030, Europe's fishery by-products market is expected to experience steady expansion fueled by circular economy initiatives and waste reduction mandates.
  • Europe's commitment to sustainable fishing practices and valorization of fish processing waste supports market growth, as producers increasingly convert by-products into high-value ingredients.
  • The region's mature supply chains and investment in innovation position Europe as a key hub for fishery by-products processing and commercialization..

Key Market Statistics

  • CAGR (2025-2030) 6.3% CAGR
  • Market Size, 2025 ~USD 4732 Million
  • Forecast, 2030 ~USD 5367.1 Million
  • Geography Europe

Europe Fishery By-products Market Overview

Market Leadership Position :

Europe commands a significant share of the global fishery by-products market, valued at USD 4,732.0 million in 2025, driven by mature aquaculture sectors and established processing infrastructure across Nordic and Mediterranean regions.

Regulatory Excellence & Sustainability :

Stringent EU sustainability regulations and circular economy directives are propelling demand for value-added fishery by-products, positioning European processors as leaders in environmentally compliant production methods.

Advanced Processing Technologies :

European manufacturers leverage cutting-edge processing technologies for fish meal, fish oil, and collagen extraction, enabling premium product development and higher margins compared to global competitors.

Steady Growth Trajectory :

The European market is projected to reach USD 5,367.1 million by 2030 at a CAGR of 6.3%, reflecting consistent demand from aquafeed, nutraceutical, and pharmaceutical sectors across the continent.

Europe Fishery By-products Market Dynamics

  • The region benefits from stringent regulatory frameworks that incentivize waste valorization and circular economy initiatives, creating competitive advantages for compliant producers. Looking ahead to 2030, European demand will be sustained by rising consumption of omega-3 supplements, aquafeed formulations, and pharmaceutical-grade collagen.
  • Investment in biotechnology and enzymatic processing will unlock new applications, while EU Green Deal commitments will further accelerate the transition toward zero-waste fishery operations across member states..

Related Ecosystem

Key Takeaways

  • Europe's fishery by-products market reaches USD 4,732.0 million in 2025 and is forecast to expand to USD 5,367.1 million by 2030 at a 6.3% CAGR.
  • Europe's regulatory environment and circular economy policies drive demand for sustainable valorization of fish processing waste into premium ingredients.
  • Fish meal, fish oil, and collagen products dominate Europe's market, serving animal feed, nutraceutical, and cosmetic sectors.
  • Europe's advanced processing infrastructure and R&D investments position the region as a global leader in fishery by-products innovation and commercialization.

Fishery By-products Market Report Scope

Report Metric Details
Base Year 2025
Fastest Growing Segment PHARMACEUTICALS & NUTRACEUTICALS (End-Use Industry)
Forecast Period 2025-2030
Growth Rate CAGR of 7.3% from 2025 to 2030
Largest Segment CAPTURE FISHERIES (Source)
Market Size Base Year (Billions) ~USD 26.34 (2025)
Revenue Forecast (Billions) ~USD 37.46 (2030)
Segments Covered Type, Subtype, Source, End-Use Industry, Industrial Application

Europe Fishery By-products Market Report Segmentation

5 segment dimensions are covered across the global market.

By Type

  • Bioactives & Specialty Compounds
  • Fish Oil
  • Minerals
  • Other Types
  • Protein & Derivatives
  • Protein & Protein Derivatives
  • Type-I
  • Type-Iii

By Subtype

  • Aquaculture Feed
  • Bone Powder
  • Carotenoids
  • Cartilage
  • Chitin
  • Chitosan
  • Collagen
  • Collagen Peptide
  • Enzymes
  • Fish Hydrolysate
  • Fish Meal
  • Fish Silage
  • Flavor Enhancers
  • Flavour Enhancers
  • Fortified Food & Beverages
  • Gelatin
  • Inland
  • Livestock Feed
  • Marine
  • Nutritional Supplements
  • Pet Food Additives
  • Squalene

By Source

  • Aquaculture
  • Capture Fisheries

By End-Use Industry

  • Agriculture
  • Animal Feed
  • Cosmetics & Personal Care
  • Food & Beverage
  • Industrial Applications
  • Pharmaceuticals & Nutraceuticals

By Industrial Application

  • Aquaculture
  • Fertilizers
  • Pharma

REST OF EUROPE: FISHERY BY-PRODUCTS MARKET, BY END-USE INDUSTRY, 2025–2030

Segment202520262027202820292030CAGR (%)
AGRICULTURE45.446.948.550.352.354.43.7
ANIMAL FEED452.4471.4492.2514.8539.4566.34.6
COSMETICS & PERSONAL CARE80.883.185.788.591.6953.3
FOOD & BEVERAGE92.896.6100.6105109.9115.14.4
INDUSTRIAL APPLICATIONS45.947.449.150.952.955.13.7
PHARMACEUTICALS & NUTRACEUTICALS219.2229.5240.7253266.42815.1
TOTAL936.49974.891016.811062.571112.511167.024.5

EUROPE: FISHERY BY-PRODUCTS MARKET, BY END-USE INDUSTRY, 2025–2030

Segment202520262027202820292030CAGR (%)
AGRICULTURE364.9381.7400420441.9465.75
ANIMAL FEED2609.22819.730523308.73592.73907.48.4
COSMETICS & PERSONAL CARE487.9514.7544.1576.2611.3649.95.9
FOOD & BEVERAGE549.9584621.4662.4707.4756.96.6
INDUSTRIAL APPLICATIONS320.4336.7354.5374395.4418.75.5
PHARMACEUTICALS & NUTRACEUTICALS1394.414851584.51693.81814.11946.56.9
TOTAL5726.76121.96556.57035.17562.88145.17.3

Target Audience

  • Aquaculture Feed Manufacturers : European feed producers require market intelligence on fish meal and fish oil availability, pricing trends, and sustainability certifications to optimize formulations and secure compliant supply chains.
  • Nutraceutical & Supplement Companies : Manufacturers of omega-3 supplements and functional foods need data on European fish oil production capacity, quality standards, and regulatory pathways to develop competitive product portfolios.
  • Pharmaceutical & Cosmetic Firms : Companies sourcing fish collagen, bioactive peptides, and marine-derived ingredients require insights into European processing capabilities, certifications, and supply reliability for R&D and commercialization.
  • Fishery & Aquaculture Operators : European fish farmers and processors need market forecasts and by-product valorization strategies to maximize revenue from waste streams and align with circular economy regulations.
  • Investment & Strategy Consultants : Advisors supporting M&A, market entry, and portfolio optimization in European fishery sectors require comprehensive market data, competitive benchmarking, and growth opportunity assessments.

Europe vs. other regions

HowEurope compares to the other 3 regional blocs covered in this market.

North America
~USD 3577.5 Million · 5.7% wtd CAGR ·
Asia Pacific
~USD 11854.3 Million · 7.8% wtd CAGR ·
South America
~USD 2776.3 Million · 4.9% wtd CAGR ·

Countries within Europe - compare and drill down

Country2025 size (native)
GermanyUSD 2329.1 Million
UKUSD 809.8 Million
FranceUSD 1296.5 Million
ItalyUSD 988.9 Million
SpainUSD 596.5 Million
NorwayUSD 539.4 Million
DenmarkUSD 417.8 Million
Rest Of EuropeUSD 1167 Million

Country market size visualization

Germany
USD 2329.1 Million
UK
USD 809.8 Million
France
USD 1296.5 Million
Italy
USD 988.9 Million
Spain
USD 596.5 Million
Norway
USD 539.4 Million
Denmark
USD 417.8 Million
Rest Of Europe
USD 1167 Million

Reasons to Buy this Report

  • Country-Level Market Insights : Access detailed market sizing and growth projections for Germany, France, UK, Italy, Spain, Norway, and Denmark—enabling targeted expansion strategies in Europe's most dynamic fishery by-products markets.
  • Regulatory & Compliance Intelligence : Understand how EU sustainability directives, circular economy policies, and food safety standards shape market opportunities and competitive positioning across European fishery by-products sectors.
  • Competitive Landscape Analysis : Benchmark your operations against established European processors and identify gaps in advanced processing technologies, product innovation, and supply chain optimization specific to the region.
  • Growth Opportunity Mapping : Identify high-potential segments including aquafeed formulations, nutraceuticals, pharmaceuticals, and cosmetics within Europe's 6.3% CAGR growth trajectory through 2030.
  • Strategic Investment Guidance : Make informed decisions on market entry, partnerships, and capacity expansion with data-driven forecasts and regional demand drivers specific to European aquaculture and processing hubs.

Frequently asked questions

What is the market size of fishery by-products in Europe in 2025?

Europe's fishery by-products market is valued at USD 4,732.0 million in 2025.

What is the projected market size for Europe's fishery by-products by 2030?

Europe's fishery by-products market is projected to reach USD 5,367.1 million by 2030.

What is the CAGR for Europe's fishery by-products market from 2025 to 2030?

Europe's fishery by-products market is expected to grow at a compound annual growth rate (CAGR) of 6.3% during the forecast period.

What are the main drivers of growth in Europe's fishery by-products market?

Key growth drivers in Europe include circular economy initiatives, sustainability regulations, demand for fish meal and fish oil in animal feed, and increasing applications in pharmaceuticals and cosmetics.

Which products dominate Europe's fishery by-products market?

Fish meal, fish oil, and collagen-based products are the dominant segments in Europe's fishery by-products market, serving multiple industries including animal feed, nutraceuticals, and cosmetics.

RESEARCH METHODOLOGY

The study involved two major approaches in estimating the current size of the fishery by-products market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the market.

In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, directories, and databases were referred to to identify and collect information.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

Extensive primary research was conducted after obtaining information regarding the fishery by-products market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to fishery by-products type, end-user industry, and region. Stakeholders from the demand side, such as livestock rearing flocks, dairy farms, and the poultry industry, were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage of fishery by-products and the outlook of their business, which will affect the overall market.

Fishery By-products Market Size, and Share

Note: The three tiers of the companies are defined based on their total revenues in 2023 or 2024,
as per the availability of financial data: Tier 1: Revenue >USD 1 billion; Tier 2: USD 100 million = Revenue = USD 1 billion;
Tier 3: Revenue

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

COMPANY

DESIGNATION

Thai Union Ingredients (Thailand)

General Manager

Sopropêche (France)

Sales Manager

Pesquera Diamante Peru (Peru)

Manager

Oceana Group Limited (South Africa)

Head of processing department

Austevoll Seafood A (Norway)

Marketing Manager

Maruha Nichiro Corporation (Japan)

Sales Executive

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the fishery by-products market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the industry and the overall markets were identified through extensive secondary research.
  • All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.

Fishery By-products Market : Top-Down and Bottom-Up Approach

Fishery By-products Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall fishery by-products market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.

Market Definition

According to FAO, fishery by-products refer to the non-edible or secondary components of fish and aquatic animals generated during processing or harvesting. These include heads, bones, skins, viscera, blood, scales, shells, and frames, which are commonly repurposed for animal feed, fertilizers, pharmaceuticals, collagen, gelatin, and bioactive compounds.

Stakeholders

  • Fishmeal & fish oil manufacturers
  • Fishmeal & fish oil traders, distributors, and suppliers
  • Fish farmers
  • Government and research organizations
  • Associations and industry bodies
  • Agricultural universities
  • Intermediate suppliers such as retailers, wholesalers, and distributors
  • Raw material suppliers
  • Technology providers
  • Industry associations
  • Regulatory bodies and institutions:
    • Food and Agriculture Organization (FAO)
    • United States Department of Agriculture (USDA)
    • Compound Livestock Feed Manufacturers Association of India (CLFMA)
    • International Feed Industry Federation (IFIF)
    • American Feed Industry Association (AFIA)
    • Animal Feed Manufacturers Association (AFMA)
    • Organization for Economic Cooperation and Development (OECD)
    • Marine Ingredients Organisation (IFFO)
    • European Market Observatory for Fisheries and Aquaculture Products
  • Logistics providers & transporters
  • Research institutes and organizations
    • Consulting companies/consultants in the agricultural technology sector

Report Objectives

  • To determine and project the size of the fishery by-products market based on type, end-user industry, and region in terms of value over five years, ranging from 2025 to 2030
  • To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
  • To provide detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To analyze the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market
  • To identify and profile the key players in the fishery by-products market
  • To understand the competitive landscape and identify the major growth strategies adopted by players across the key regions

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific 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.

Geographic Analysis as per Feasibility

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

  • Further breakdown of the Rest of Europe fishery by-products market into key countries.
  • Further breakdown of the Rest of Asia Pacific fishery by-products market into key countries.
  • Further breakdown of the Rest of South America fishery by-products market into key countries.

Company Information

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

 

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