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Fish Powder Market Analysis and Outlook Report: Industry Size, Share, Growth Trends, and Forecast (2025-2034)

Published On: Apr, 2025
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Pages: 143

"The global Fish Powder Market is valued at USD 5.4 billion in 2025. Further, the market is expected to grow at a CAGR of 7.23% to reach USD 10.2 billion by 2034."

The fish powder market has gained significant momentum due to the rising demand for high-protein ingredients in animal feed, dietary supplements, and food products. Fish powder, made by drying and grinding fish into a fine powder, is an excellent source of protein, omega-3 fatty acids, and essential amino acids, making it a valuable ingredient in various applications. It is widely used in the aquaculture industry as an essential part of fish feed to promote growth and health. Additionally, fish powder is gaining popularity in the nutraceutical and food sectors due to its nutritional benefits, including promoting heart health and improving brain function. The increasing global awareness of the health benefits of omega-3 fatty acids, along with the rising consumption of plant-based and sustainable products, is driving the market. Furthermore, growing aquaculture activities, especially in developing countries, are significantly contributing to the demand for fish powder. With the ongoing development of more sustainable fish sourcing and production processes, the market for fish powder is expected to continue expanding globally.

In 2024, the fish powder market is expected to see several key developments, driven by advancements in sustainable sourcing and production technologies. Companies are increasingly focusing on producing fish powder from more sustainable sources, such as wild-caught fish, by-products of fish processing, and algae-based fish meal substitutes. As concerns about overfishing and environmental impacts grow, fish powder manufacturers are looking for eco-friendly alternatives to meet the demand for protein-rich ingredients. In addition, the global aquaculture industry is expanding rapidly, especially in Asia-Pacific and Latin America, further driving the demand for fish powder as a key ingredient in aquafeed. The rise in animal feed production in these regions is expected to significantly boost market growth in 2024. Moreover, innovations in fish powder processing technologies, such as the introduction of spray drying and freeze-drying methods, are improving the powder's nutritional profile and shelf life, making it more suitable for various food and supplement applications. As the market continues to grow, companies are also exploring the use of fish powder in plant-based food products and pet food, further diversifying the potential applications of this product.

Looking to 2025 and beyond, the fish powder market is poised for significant growth due to a combination of technological advancements, regulatory changes, and increasing consumer demand for sustainable and nutritious products. The ongoing shift toward plant-based diets and eco-friendly ingredients is likely to influence the market, prompting further development of plant-based fish powder alternatives. The growing awareness of the environmental benefits of consuming sustainably sourced fish and reducing the carbon footprint of food production will encourage the use of fish powder derived from eco-conscious methods. Additionally, as the demand for nutraceuticals and functional foods increases, fish powder will likely play an essential role in the formulation of dietary supplements, offering consumers the nutritional benefits of fish without the environmental drawbacks. Furthermore, with the growing trend toward personalized nutrition, fish powder may find applications in tailored meal plans and functional food products. In response to these trends, the fish powder market is expected to continue evolving, with more companies focusing on sustainability and innovation to meet the changing consumer demands.

Key Trends in the Fish Powder Market

  • Growing Demand for Sustainable Fish Powder: There is an increasing emphasis on sustainable sourcing of fish and alternative protein sources, such as algae, to address environmental concerns and overfishing.
  • Rise in Aquaculture Production: The expansion of the aquaculture industry, particularly in Asia-Pacific and Latin America, is driving the demand for fish powder as an essential ingredient in fish feed.
  • Advancements in Fish Powder Processing: Innovative drying technologies, such as spray drying and freeze-drying, are enhancing the nutritional value and shelf life of fish powder, improving its market appeal.
  • Plant-Based and Functional Food Integration: Fish powder is being increasingly incorporated into plant-based and functional foods to meet the growing consumer demand for nutritious, protein-rich products.
  • Increase in Nutraceutical Demand: As consumers seek functional foods and dietary supplements, fish powder's high nutritional profile positions it as a key ingredient in the growing nutraceutical market.

Market Drivers

  • Expanding Aquaculture Sector: Rapid growth in global fish farming is boosting the demand for fish powder in the production of fish feed to promote healthy and sustainable aquaculture practices.
  • Increased Health Consciousness: Rising awareness of the health benefits of omega-3 fatty acids and protein-rich diets is driving the adoption of fish powder in dietary supplements and functional foods.
  • Sustainability and Environmental Concerns: The need for sustainable protein sources and the reduction of overfishing are encouraging the use of sustainably sourced fish powder and alternative protein ingredients.
  • Growth in Animal Feed Industry: The increasing global demand for livestock and poultry products is driving the need for high-quality fish powder in animal feed formulations.

Market Challenge

  • Price Fluctuations and Supply Chain Issues: The fish powder market faces challenges due to fluctuations in raw material prices and supply chain disruptions, particularly concerning sustainable sourcing and availability of fish stocks.

Market Segmentation

By Source

  • Whole Fish
  • By-Product

    • By Type

  • Steam Dried

  • SD
    • Fish Powder
  • Flame Dried

  • FD
    • Fish Powder

    By Distribution Channel

  • B2B
  • B2C

    • By Application

  • Swine
  • Poultry
  • Aquaculture
  • Other Applications

    • By End-User

  • Food And Beverages
  • Sports Nutrition and Dietary Supplements
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Animal Feed
  • Fertilizer

    • By Geography

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

    • Key Market Players

  • Hilti Corporation
  • 3M Company
  • Akzo Nobel N.V.
  • Morgan Advanced Materials plc
  • Isolatek International Co.
  • Sherwin-Williams Company
  • Rolf Kuhn GmbH
  • Specified Technologies Inc.
  • Tremco Incorporated
  • BASF SE
  • USG Corporation
  • Hempel A/S
  • PPG Industries Inc.
  • Fire Protection Coatings Limited
  • ETEX SA
  • Contego International Inc.
  • DowDuPont Inc.
  • Saint-Gobain S.A.
  • The Lubrizol Corporation
  • W.R. Grace & Co.
  • GCP Applied Technologies Inc.
  • Carboline Company
  • Nullifire Ltd.
  • Promat International NV
  • Rudolf Hensel GmbH
  • Sika AG
  • Firestone Building Products
  • GAF Materials Corporation
  • Johns Manville Corp.
  • Owens Corning Fiberglass Company
  • CertainTeed Corporation
  • DuPont de Nemours Inc.
  • Firestone Industrial Products Company LLC
  • GCP Applied Technologies Inc.
  • Henry Company
  • National Gypsum Company
  • Owens Corning India Pvt. Ltd.
  • Rockwool International A/S
  • Saint-Gobain Weber India Pvt. Ltd.
  • Sto SE & Co. KGaA
    • 1. Table of Contents
    1.1 List of Tables
    1.2 List of Figures

    2. Fish Powder Market Latest Trends, Drivers and Challenges, 2024- 2034
    2.1 Fish Powder Market Overview
    2.2 Fish Powder Market Developments
    2.2.1 Fish Powder Market -Supply Chain Disruptions
    2.2.2 Fish Powder Market -Direct/Indirect Impact of Tariff Changes and Trade Restrictions
    2.2.3 Fish Powder Market -Price Development
    2.2.4 Fish Powder Market -Regulatory and Compliance Management
    2.2.5 Fish Powder Market -Consumer Expectations and Trends
    2.2.6 Fish Powder Market -Market Structure and Competition
    2.2.7 Fish Powder Market -Technological Adaptation
    2.2.8 Fish Powder Market -Changing Retail Dynamics

    2.3 Fish Powder Market Insights, 2025- 2034
    2.3.1 Prominent Fish Powder Market product types, 2025- 2034
    2.3.2 Leading Fish Powder Market End-User markets, 2025- 2034
    2.3.3 Fast-Growing countries for Fish Powder Market sales, 2025- 2034
    2.4 Fish Powder Market Drivers and Restraints
    2.4.1 Fish Powder Market Demand Drivers to 2034
    2.4.2 Fish Powder Market Challenges to 2034
    2.5 Fish Powder Market- Five Forces Analysis
    2.5.1 Fish Powder Market Industry Attractiveness Index, 2025
    2.5.2 Threat of New Entrants
    2.5.3 Bargaining Power of Suppliers
    2.5.4 Bargaining Power of Buyers
    2.5.5 Intensity of Competitive Rivalry
    2.5.6 Threat of Substitutes

    3. Global Fish Powder Market Value, Market Share, and outlook to 2034
    3.1 Global Fish Powder Market Overview, 2025
    3.2 Global Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    3.3 Global Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    3.4 Global Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    3.5 Global Fish Powder Market Size and Share Outlook by Region, 2025- 2034

    4. Asia Pacific Fish Powder Market Value, Market Share and Forecast to 2034
    4.1 Asia Pacific Fish Powder Market Overview, 2025
    4.2 Asia Pacific Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    4.3 Asia Pacific Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    4.4 Asia Pacific Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    4.5 Asia Pacific Fish Powder Market Size and Share Outlook by Country, 2025- 2034
    4.6 Key Companies in Asia Pacific Fish Powder Market

    5. Europe Fish Powder Market Value, Market Share, and Forecast to 2034
    5.1 Europe Fish Powder Market Overview, 2025
    5.2 Europe Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    5.3 Europe Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    5.4 Europe Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    5.5 Europe Fish Powder Market Size and Share Outlook by Country, 2025- 2034
    5.6 Key Companies in Europe Fish Powder Market

    6. North America Fish Powder Market Value, Market Share, and Forecast to 2034
    6.1 North America Fish Powder Market Overview, 2025
    6.2 North America Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    6.3 North America Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    6.4 North America Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    6.5 North America Fish Powder Market Size and Share Outlook by Country, 2025- 2034
    6.6 Key Companies in North America Fish Powder Market

    7. South and Central America Fish Powder Market Value, Market Share, and Forecast to 2034
    7.1 South and Central America Fish Powder Market Overview, 2025
    7.2 South and Central America Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    7.3 South and Central America Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    7.4 South and Central America Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    7.5 South and Central America Fish Powder Market Size and Share Outlook by Country, 2025- 2034
    7.6 Key Companies in South and Central America Fish Powder Market

    8. Middle East Africa Fish Powder Market Value, Market Share and Forecast to 2034
    8.1 Middle East Africa Fish Powder Market Overview, 2025
    8.2 Middle East and Africa Fish Powder Market Revenue and Forecast, 2025- 2034 (US$ Million)
    8.3 Middle East Africa Fish Powder Market Size and Share Outlook by Type, 2025- 2034
    8.4 Middle East Africa Fish Powder Market Size and Share Outlook by End-User, 2025- 2034
    8.5 Middle East Africa Fish Powder Market Size and Share Outlook by Country, 2025- 2034
    8.6 Key Companies in Middle East Africa Fish Powder Market

    9. Fish Powder Market Players Analysis
    9.1 Fish Powder Market Companies - Key Strategies and Financial Analysis
    9.1.1 Snapshot
    9.1.2 Business Description
    9.1.3 Products and Services
    9.1.4 Financial Analysis

    10. Fish Powder Market Industry Recent Developments

    11 Appendix
    11.1 Publisher Expertise
    11.2 Research Methodology
    11.3 Annual Subscription Plans
    11.4 Contact Information

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    FAQ's

    The Global Fish Powder Market is estimated to generate USD 69.3 billion in revenue in 2025.

    The Global Fish Powder Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period from 2025 to 2034.

    The Fish Powder Market is estimated to reach USD 10.2 billion by 2034

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