Fish protein hydrolysate (FSH) is obtained after the breakdown of fish proteins. It is a collective term for long peptides, short peptides, and amino acids. The high protein promotes the development of animal cells. Moreover, fish protein hydrolysate has shown noticeable effects in boosting the immune system, aiding digestion, and enhancing the metabolic process. Additionally, peptides present in hydrolysate have qualities like antioxidant, anti-obesity, anticoagulation, anti-microbial, anticancer, and antihypertension. Attributed to these qualities, nutraceuticals and pharmaceuticals companies have started manufacturing multivitamins containing fish protein thus, promoting the growth of the fish protein hydrolysate market over the projected period. The fish protein hydrolysate is utilized as an ingredient in microbiological media for the culture of various microorganisms. Furthermore, fish protein hydrolysate is utilized as a rich source of protein in poultry feed and pet animal foods. Due to the presence of high protein content and organic nature, fish protein hydrolysate is utilized as a vital ingredient in agriculture fertilizers to boost plant growth. With the growing awareness related to the toxicity of chemical fertilizers, there has been a switch in the use of organic and chemical-free fertilizers.
It describes the top and new vendors and their various strategies such as geographic expansion strategies, merger and acquisition, research and development, and new product introduction strategies in order to execute future industry growth and expansion over a foreseeable time period. The Market Share Analysis examines suppliers in terms of their contribution to the entire market. It provides an indication of how much income it generates in comparison to other suppliers in the industry. It provides information on how suppliers compare to one another in terms of revenue creation and client base.
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Key Industry Players in Fish Protein Hydrolysate Market:
- Copalis Sea Solutions (France)
- GELITA AG (Germany)
- CR Brown Enterprises (US)
- Janatha Fish Meal Oil Products (India)
- Alaska Protein Recovery LLC (US)
- Shenzhen Taier (China)
- Hofseth BioCare ASA (Norway)
- Neptune's Harvest (US)
- Nutrifish (France)
- SOPROPÊCHE (France)
- Great Pacific BioProducts Ltd (Canada)
- TripleNine (Denmark)
- Aller Aqua (Denmark), and other major players.
There is a rising demand for fish protein hydrolysate (FPH) from end-use industries, especially to aid skin health through micronutrients. Growing consumer preference toward consumption of nutrient and chemical free food products is anticipated to boost the market growth. Owing to the presence of significant amount of minerals and vitamin A and D, the fish protein hydrolysate is used as an ingredient in various food products. As fish protein hydrolysate has translucent property, it is used as a gelatin in flavored and non-flavored foodstuff. Along with extensive use in food industries, the FPH are also used in the production of several animal feeds.
Segmentation Analysis Includes,
By Type:
- Enzymatic Hydrolysis
- Autolysis
- Microbial Hydrolysis
- Chemical Hydrolysis
By Application:
- Animal Nutrition
- Food Dairy Product
- Cosmetics
- Pharmaceuticals
By Form:
- Powder
- Granules
- Liquid
By Sources:
- Tuna
- Salmon
- Beluga
- Eel
- Sturgeon
By Region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
Almost every industry has suffered a setback in the previous 18 months. This is due to significant disruptions in their respective manufacturing and supply-chain operations due to various precautionary lockdowns and other restrictions imposed by governing authorities around the world. The same is true for the global market for fish protein hydrolysate. Furthermore, consumer demand has subsequently decreased as people are now more focused on eliminating non-essential expenses from their respective budgets as the general economic status of most people has been severely impacted by this outbreak. These variables are projected to have an impact on the worldwide Fish Protein Hydrolysate market's revenue trajectory over the forecast period.
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Based on form, fish protein hydrolysate market is bifurcated into powder, paste, and liquid. Powder solutions are widely used in manufacturing pharmaceutical grade protein powders that aid in muscle and blood recovery after accidents. Increasing demand for natural ingredients with lox toxicity in pharmaceutical industry and economical nature in comparison with whey isolate protein powders is likely to foster market share.
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