Fish Protein Hydrolysate Market is expected to reach US$ 748.66 million by 2030

Advantageous Properties of Fish Protein Hydrolysate over Other Materials Bolster Fish Protein Hydrolysate Market Growth

According to our latest study on "Fish Protein Hydrolysate Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis – Purity, Form, and Application," the fish protein hydrolysate market is expected to grow from US$ 683.21 million in 2024 to US$ 992.79 million by 2031; the market is estimated to register a CAGR of 5.6% from 2025 to 2031. The report highlights key factors driving the fish protein hydrolysate market growth and prominent players along with their developments in the market. Apart from the growth drivers, the report covers the fish protein hydrolysate market trends and their foreseeable impact during the forecast period.

Key players in the protein hydrolysate market are actively focusing on strategic development initiatives such as research collaborations, expanding manufacturing capacity, and product diversification to strengthen their presence in the fish protein hydrolysate market and cater to the increasing demand across various sectors, including aquaculture, food, and nutraceuticals. Producers of fish protein hydrolysates are prioritizing research and innovation to create value-added products and tap into new application areas. For instance, in June 2024, Portugal inaugurated its first hydrolyzed protein facility dedicated to serving the fish feed industry, marking a major milestone in regional production capability and reducing dependence on imports. Similarly, Thai Union invested US$ 172.4 million (THB 6 billion) in 2023 to expand its seafood business, including producing value-added products such as fish protein hydrolysates, which supports the company's long-term strategy for sustainable and diversified growth.

Fish Protein Hydrolysate Market Breakdown – by Region

Additionally, the Indonesian National Research and Innovation Agency (BRIN) launched a research initiative to develop "Fish milk" using fish protein hydrolysate, aiming to address malnutrition and broaden its use in human nutrition. These strategic steps reflect the industry's efforts to innovate, scale production, and diversify application areas, securing a competitive edge in the evolving global fish protein hydrolysate market.

There is a growing trend of pet humanization, owing to the growing pet-loving culture and increased attention of the media on celebrities with pets. The global population of cats, birds, dogs, and other pet animals is rising. The increase in pet adoption can be due to various factors, including lonely individuals and the aging population seeking the companionship of pets. Studies show that owning pets also has a positive impact on growing children seeking companionship. Pets also contribute to the development of motor skills in children through activities such as feeding and grooming. Moreover, pets encourage outdoor activities, such as taking them on regular walks, and promote emotional development by teaching children the responsibilities associated with caring for animals. According to the 2023–2024 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 66% of the US population (i.e., approximately 86.9 million US households) owned one or more pets, mainly dogs and cats.

Moreover, many pet owners treat their pets as their children. This gives rise to various pet-friendly environments. In Japan, architects design cat-friendly spaces in homes. In France, French Cafés offer fine dining for puppies. Also, companies in the UK provide paid "pawternity" leave for pet owners. In Sweden, regulations are enforced to ensure pets live healthy and happy lives. Norwegians spend the highest on expensive pet food.

Pet parents are increasingly focusing on their pets' diet and health and are taking measures to keep them healthy. They are adopting healthy food enriched with various nutrients such as proteins, vitamins, and fish protein hydrolysate. Thus, key manufacturers in the fish protein hydrolysate market are developing pet food with fish protein hydrolysate and other nutrients to cater to the increasing demand from pet owners.

The fish protein hydrolysate market analysis has been performed by considering the following segments: purity, form, and application. In terms of purity, the market is segmented into FPH 80%, FPH 90%, FPH 95%, and others. The FPH 80% segment is expected to register the fastest CAGR over the forecast period. In terms of form, the market is segmented into dry and liquid. The dry segment accounted for the largest fish protein hydrolysate market share in 2024. Based on application, the fish protein hydrolysate market is segmented into animal nutrition, pharmaceuticals and nutraceuticals, food and beverages, personal care, and agriculture. The animal nutrition segment is further segmented into poultry, aquaculture, swine, ruminants, pet food, and others. The animal nutrition segment held the largest share of the fish protein hydrolysate market in 2024.

Asia Pacific dominated the fish protein hydrolysate market share in terms of revenue in 2024. North America was the second-largest contributor to the market in 2024. The North America fish protein hydrolysate market is growing significantly due to the rising adoption of fish protein in various industries. A growing number of individuals preferring protein-rich products has surged the demand for seafood and meat in the US, Canada, Mexico, and other countries in the region. The increasing health concern among consumers drives the demand for fish protein products in the region. A nutritional diet from both animal and plant food sources helps boost energy levels, strengthen muscle and bone structure, and increase focus and concentration among dogs, cats, and birds. The increased awareness of the protein content in animal-based food ingredients has increased consumers' focus on aqua nutrition.

Fish protein hydrolysates are a rich source of peptides and amino acids. Most fish protein hydrolysates (FPH) are hygroscopic and are in the form of amorphous powder, containing 81–93% protein, less than 5% fat, 3–8% ash, and 1–8% moisture. FPH boosts the metabolic system of animals; hence, protecting them from the risk of infections and diseases. Therefore, the nutritional advantages associated with FPH boost its demand in the animal feed industry.

The fish protein hydrolysate market forecast can help stakeholders plan their growth strategies. Copalis Industries SAS; Bio-Marine Ingredients Ireland Ltd.; Symrise AG; E.F.S Holland BV; Janatha Fish Meal & Oil Products; Kemin Industries, Inc.; Nizona Marine Products Pvt. Ltd., New Alliance Dye Chem Pvt. Ltd., White Swan Pharmaceuticals; and SAMPI are among the prominent players profiled in the fish protein hydrolysate market report. These market players are focusing on providing high-quality products to fulfill customer demand. They are also adopting strategies such as new product launches, capacity expansions, partnerships, and collaborations to stay competitive in the market.

The geographic scope of the fish protein hydrolysate market report focuses on North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is further segmented into the US, Canada, and Mexico. The market in Europe is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The Asia Pacific market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The fish protein hydrolysate market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The market in South & Central America is further segmented into Brazil, Argentina, and the Rest of South & Central America.

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