Report Summary
TheGlobal fish protein hydrolysate market size reached US$ 304.7 Million in 2022. Looking forward, expects the market to reach US$ 404.5 Million by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028. Fish protein hydrolysate (FPH) is a bioactive compound produced using degraded proteins present in fish material. The compound is produced by enzymatic, acid and autolytic hydrolysis techniques, which involve decomposing minced fishes with enzymes to break down the proteins into amino acids and peptides. FPH can be produced using both salt and freshwater fishes, such as tuna, sardine, anchovy, salmon and crustacean. It is commonly used as a food binder, emulsifier, gelling agent, animal feed, cosmetic and nutritional supplement in the form of powder, paste and liquid. It is a rich source of essential fatty acids and can aid in maintaining blood pressure and cardiovascular health.Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. FPH exhibits fast absorption properties that aid in developing lean muscle mass and reduces the risks of hypertension and high blood pressure in consumers and is thereby used extensively in sports nutrition and protein supplements. It is also used in the treatment of Irritable Bowel Syndrome (IBS) and Crohn's disease and utilized as an alternative hypoallergenic protein food for infants suffering from celiac disease and lactose and gluten intolerance. Furthermore, widespread product adoption as a cryoprotectant in aquaculture and animal feed is also catalyzing the market growth. FPH aids in preventing the outbreak of infectious diseases and immunity in animals against bacteria, fungi, viruses and parasites. Other factors, including the increasing utilization of FPH in cosmetics due to its anti-aging properties, along with rising expenditure capacities of the consumers, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of theGlobal fish protein hydrolysate market report, along with forecasts at theGlobal, regional and country level from 2023-2028. Our report has categorized the market based on technology, form, fish type and application.
Breakup by Technology:
Acid Hydrolysis
Autolytic Hydrolysis
Enzymatic Hydrolysis
Breakup by Form:
Liquid
Powder
Breakup by Fish Type:
Anchovy
Herrings
Menhaden
Sardine
Shads
Others
Breakup by Application:
Food
Pharmaceuticals
Animal Feed and Pet Food
Cosmetics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alaska Protein Recovery LLC, Bio-marine Ingredients Ireland Ltd., Copalis, Dramm Corporation, Gelita AG, Great Pacific BioProducts Ltd., Hofseth Biocare ASA, Janatha Fish Meal & Oil Products, SAMPI, Scanbio Marine Group AS, Symrise AG and United Fisheries Ltd.
Table of content
Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Fish Protein Hydrolysate Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Acid Hydrolysis
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Autolytic Hydrolysis
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Enzymatic Hydrolysis
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Form
7.1 Liquid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Powder
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Fish Type
8.1 Anchovy
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Herrings
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Menhaden
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Sardine
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Shads
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Food
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Pharmaceuticals
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Animal Feed and Pet Food
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Cosmetics
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Alaska Protein Recovery LLC
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Bio-marine Ingredients Ireland Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Copalis
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Dramm Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Gelita AG
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Great Pacific BioProducts Ltd.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Hofseth Biocare ASA
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Janatha Fish Meal & Oil Products
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 SAMPI
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Scanbio Marine Group AS
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Symrise AG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 United Fisheries Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1:Global: Fish Protein Hydrolysate Market: Major Drivers and Challenges
Figure 2:Global: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017-2022
Figure 3:Global: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4:Global: Fish Protein Hydrolysate Market: Breakup by Technology (in %), 2022
Figure 5:Global: Fish Protein Hydrolysate Market: Breakup by Form (in %), 2022
Figure 6:Global: Fish Protein Hydrolysate Market: Breakup by Fish Type (in %), 2022
Figure 7:Global: Fish Protein Hydrolysate Market: Breakup by Application (in %), 2022
Figure 8:Global: Fish Protein Hydrolysate Market: Breakup by Region (in %), 2022
Figure 9:Global: Fish Protein Hydrolysate (Acid Hydrolysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10:Global: Fish Protein Hydrolysate (Acid Hydrolysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11:Global: Fish Protein Hydrolysate (Autolytic Hydrolysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12:Global: Fish Protein Hydrolysate (Autolytic Hydrolysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13:Global: Fish Protein Hydrolysate (Enzymatic Hydrolysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14:Global: Fish Protein Hydrolysate (Enzymatic Hydrolysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15:Global: Fish Protein Hydrolysate (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16:Global: Fish Protein Hydrolysate (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17:Global: Fish Protein Hydrolysate (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18:Global: Fish Protein Hydrolysate (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19:Global: Fish Protein Hydrolysate (Anchovy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20:Global: Fish Protein Hydrolysate (Anchovy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21:Global: Fish Protein Hydrolysate (Herrings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22:Global: Fish Protein Hydrolysate (Herrings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23:Global: Fish Protein Hydrolysate (Menhaden) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24:Global: Fish Protein Hydrolysate (Menhaden) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25:Global: Fish Protein Hydrolysate (Sardine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26:Global: Fish Protein Hydrolysate (Sardine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27:Global: Fish Protein Hydrolysate (Shads) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28:Global: Fish Protein Hydrolysate (Shads) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29:Global: Fish Protein Hydrolysate (Other Fish Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30:Global: Fish Protein Hydrolysate (Other Fish Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31:Global: Fish Protein Hydrolysate (Food) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32:Global: Fish Protein Hydrolysate (Food) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33:Global: Fish Protein Hydrolysate (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34:Global: Fish Protein Hydrolysate (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35:Global: Fish Protein Hydrolysate (Animal Feed and Pet Food) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36:Global: Fish Protein Hydrolysate (Animal Feed and Pet Food) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37:Global: Fish Protein Hydrolysate (Cosmetics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38:Global: Fish Protein Hydrolysate (Cosmetics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39:Global: Fish Protein Hydrolysate (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40:Global: Fish Protein Hydrolysate (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: North America: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: North America: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: United States: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: United States: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Canada: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Canada: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Asia-Pacific: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Asia-Pacific: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: China: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: China: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Japan: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Japan: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: India: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: India: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: South Korea: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: South Korea: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Australia: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Australia: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Indonesia: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Indonesia: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Europe: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Europe: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Germany: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Germany: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: France: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: France: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: United Kingdom: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: United Kingdom: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Italy: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Italy: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Spain: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Spain: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Russia: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Russia: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Latin America: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Latin America: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Brazil: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Brazil: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Mexico: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Mexico: Fish Protein Hydrolysate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: Fish Protein Hydrolysate Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: Fish Protein Hydrolysate Market Forecast: Sales