Fish protein concentrate is a dried protein powder extracted from fish using an isoelectric isolation process. It is a cost-effective alternative to fishmeal for use in aquafeed and pet food. Fish protein concentrate contains around 75-80% protein and offers higher protein retention compared to fishmeal. It has gained popularity among aquaculture farmers as fish protein concentrate helps improve fish growth and productivity. The growing aquaculture industry globally has led to a surge in demand for fish protein concentrate over the past few years.
The Global Fish Protein Concentrate Market is estimated to be valued at US$ 143.2 million in 2025 and is expected to exhibit a CAGR of 6.8% over the forecast period 2025-2031.
Key Takeaways
Key players operating in the Fish Protein Concentrate market are Scanbio Marine Group, Colpex International, BioOregon Protein, Omega Protein, Apelsa Guadalajara, Aroma NZ, Sopropeche, Peterlabs Holdings, Hofseth BioCare, Nutrifish, Olvea Fish Oils, Protein Feeds, Mukka Sea Foods, Qingdao Future Group, Seagarden, Shandong Fukui Foodstuff, Shandong Yuwang Ecological Food Industry, Taian Health Chemical, Zhejiang Zengus, and Zhejiang NHU.
Key opportunities in the market include growing health-conscious population driving demand for fish protein supplements and increasing application of fish protein concentrate in animal feed and pet food.
Technological advancements such as improvements in isoelectric isolation processes have increased the concentration of Fish Protein Concentrate Market Demand concentrate, making it a more viable alternative to fishmeal.
Market Drivers
The rising aquaculture industry worldwide is one of the major drivers of the fish protein concentrate market. Global fish production from aquaculture has doubled in the last two decades. As fish farming grows, so does the demand for high-quality aquafeed ingredients like fish protein concentrate. Expanding demand from the pet food industry is another key factor positively impacting the market. With people feeding their pets high-protein diets, fish protein concentrate manufacturers are targeting this application segment. Additionally, fish protein concentrate offers sustainability benefits over fishmeal as it does not rely on wild-caught fish stocks.
Challenges in Fish Protein Concentrate Market
The fish protein concentrate market is facing many challenges due to rising competition and changing regulations. The threat from alternative protein sources is increasing as more plant-based options enter the market. Ensuring product quality and safety also remains a key issue due to risks of contaminants in fish. Suppliers must comply with strict regulations around processing, handling and storage of fish products. Sourcing enough raw material at competitive costs is another concern as wild fish stocks face overfishing pressures. The market also sees fluctuations in fish catch volumes and prices depending on weather conditions and other external factors. Maintaining consistent supply to customers at predictable costs is a continual challenge.
SWOT Analysis
Strength: Concentrated form requires less storage space; High protein content makes it a versatile ingredient
Weakness: Strong fishy odor issues during processing; Supply chain challenges in procuring consistent raw material
Opportunity: Growing demand for protein-rich foods drives market potential; Product innovation for new applications and flavors
Threats: Substitution threat from plant-based alternatives; Regulatory risks around contaminants and quality standards
Geographical Regions
North America currently accounts for the largest share of the global fish protein concentrate market in terms of value due to heavy consumption of seafood and favorable production environment. Asia Pacific is expected to be the fastest growing regional market between 2024-2031 with demand propelled by rising living standards, food industry growth and health-conscious consumers in major economies like China and India.
The Asia Pacific region presents major growth opportunities for the fish protein concentrate market due to growing application in animal and aquafeed industries. Countries like China, Indonesia, Vietnam and India have extensive aquaculture industries which are major consumers of fish protein for feed formulations. Rising disposable incomes are also propelling demand for high-quality seafood products in the retail sector.
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About Author:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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