Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

ESOMAR-certified consulting firm Future Market Insights’ recent report forecasts the global fish protein market to exhibit 5.6% CAGR between 2016 and 2020. As per the study, growing health awareness and preference for organic and protein enriched food & dietary supplements has accelerated the sales of powder formulation of fish protein. Also, manufacturers have amplified the production of fish protein supplements available in different flavors such as chocolate, coffee, and strawberry to increase the sales of fish protein supplements.

Surging demand for fish protein for various application within diverse end-use sectors such as food & beverages, pharmaceuticals, and others is expected to drive the market. Longer shelf-life and easy transportation have encouraged the production of powder formulation of fish protein.

To Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13121

Furthermore, rising health issues such as obesity, increased sugar levels, and others leading to cardiovascular diseases have increased the consumption of fish protein supplements across countries such as United States, India, Australia, and the UK, thereby, fueling the sales of fish protein supplements. Based on the aforementioned factors, FMI estimates, global fish protein market is poised to expand at 7.2% CAGR through 2031.

“Fish protein manufacturers are consistently developing supplements in powder form, which is resulting in high demand in food & beverage industry and creating scope for expansion in sports nutrition industry,” remarks the FMI analyst.

Key Takeaways

In terms of form, powder form is anticipated to hold maximum share of global fish protein market
Fish protein isolate is expected to be one of the most lucrative segment, accounting for over 46% of total market share
Application in food & beverages industry accounts for nearly 42% of fish protein sales
Rising cases of obesity, and other severe health problems such as joint pains and more across United States are expected to aid the sales of fish protein products
India’s fish protein market is set to expand at 5.8% CAGR through 2031
Australia is spearheading the growth of Oceania’s fish protein market, accounting for 80.6% of total market share

Prominent Drivers

Growing demand for health-enriching organic food products is improving the demand of fish protein
Rising cases of cardiovascular diseases are increasing the consumption of dietary supplement enriched with omega-3 and fish protein, bolstering the growth
Growing consumption of sea-food is amplifying the demand for fish-by products, providing lucrative opportunities for key players

For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-13121

Key Restraints

Allergies associated with fish-based protein is likely to hinder the growth
High cost of production and increased research & development expenditure may hamper the demand

Competitive Landscape

Future Market Insights has listed some of the prominent market players for the global fish protein market which includes Omega Proteins, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Aroma NZ, ScanBio Marine Group AS, Ingredients Inc., Peterlabs Holdings, Siam Industries International, Apelsa Guadalajara SA de CV, Bio Phoenix Formulations, and Qingdao Future Group. Market players are expanding their regional footprints by collaborating with numerous companies operating specifically in fish protein market.

The post Fish Protein Market Exploring Future Growth 2021-2031 | Opportunities & Development appeared first on Industry News Analsis.

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts