Defatted Fish Meal Market Size, CAGR, Trends 2024-2030

Market Overview and Report Coverage

Defatted fish meal is a high-protein ingredient made from fish that has had the majority of its fat content removed. It is commonly used as a feed ingredient in aquaculture, poultry, and livestock industries due to its nutritional value and digestibility. The market for defatted fish meal is projected to experience significant growth in the coming years, with a forecasted CAGR of % during the forecast period.

The increasing demand for protein-rich feed ingredients, rising awareness about the benefits of fish meal in animal nutrition, and the growth of the aquaculture industry are some of the key factors driving the market growth. Additionally, the rising disposable income levels and changing dietary preferences of consumers are also contributing to the expansion of the market.

Some of the latest trends in the defatted fish meal market include the development of innovative fish meal production technologies, the increasing focus on sustainability and environmental conservation, and the rising trend of using alternative protein sources in animal feed formulations. Overall, the market outlook for defatted fish meal is positive, with continued growth expected in the foreseeable future.

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Market Segmentation

The Defatted Fish Meal Market Analysis by types is segmented into:

Flame Dried(FD) Fish Meal
Steam Dried(SD) Fish Meal

Defatted Fish Meal Market can be categorized into Flame Dried (FD) Fish Meal and Steam Dried (SD) Fish Meal. Flame Dried Fish Meal is produced by exposing the fish by-product to direct flames, while Steam Dried Fish Meal is produced by using steam to dry the fish by-product. Both types of fish meal are popular for their high protein content and are commonly used as animal feed in the aquaculture and livestock industries. The primary difference lies in the drying process, which can impact the nutritional composition and quality of the final product.

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The Defatted Fish Meal Market Industry Research by Application is segmented into:

Aquaculture Feed
Poultry Feed
Pig Feed
Ruminant Feed
Pet Food
Other

Defatted fish meal is used in a variety of applications across different markets. In aquaculture feed, it provides essential nutrients for fish growth and development. In poultry and pig feed, it serves as a high-quality protein source. In ruminant feed, it helps improve digestibility and overall animal health. In pet food, defatted fish meal is used to enhance the nutritional value of pet diets. It is also utilized in other markets, such as fertilizer and biofuel production.

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In terms of Region, the Defatted Fish Meal Market Players available by Region are:

North America:

United States
Canada

Europe:

Germany
France
U.K.
Italy
Russia

Asia-Pacific:

China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Latin America:

Mexico
Brazil
Argentina Korea
Colombia

Middle East & Africa:

Turkey
Saudi
Arabia
UAE
Korea

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What are the Emerging Trends in the Global Defatted Fish Meal market?

The global defatted fish meal market is experiencing trends such as a growing demand for more sustainable sources of protein, leading to an increase in the use of fish meal as a feed ingredient in aquaculture and animal nutrition. The market is also witnessing advancements in process technologies that improve the nutritional quality and digestibility of defatted fish meal. Additionally, efforts to reduce fish waste and promote circular economy practices are driving the adoption of defatted fish meal as a valuable byproduct of the seafood industry. Overall, these trends are expected to fuel the growth of the global defatted fish meal market in the coming years.

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Major Market Players

The defatted fish meal market is highly competitive with key players such as TASA, FF Skagen, Diamante, SÜRSAN, Austevoll, Exalmar, Oceana Group, Copeinca, Corpesca, Omega Protein, Rongcheng Blue Ocean Marine Bio, Kodiak Fishmeal Company, HAYDUK, Mukka Sea Food Industries, Animalfeeds International Corporation, Orizon, TripleNine Group, KT Group, African Pioneer Group, and Coomarpes.

One of the leading players in the market is TASA, a Peruvian company known for its high-quality defatted fish meal products. TASA has shown strong market growth in recent years, thanks to its focus on product innovation and sustainable fishing practices. Another key player is Omega Protein, a US-based company that has a significant presence in the global defatted fish meal market. Omega Protein has seen steady growth in sales revenue over the past few years.

The defatted fish meal market is witnessing several trends, including the growing demand for premium quality fish meal products, increasing focus on sustainable fishing practices, and the rising popularity of aquaculture as a key end-use industry. Market size for defatted fish meal is expected to continue to grow as demand for high-protein animal feed ingredients rises.

Overall, the competitive landscape of the defatted fish meal market is dynamic, with key players focusing on product innovation, sustainability, and strategic partnerships to maintain their market position and drive growth. Sales revenue for companies such as TASA and Omega Protein has been steadily increasing, indicating the positive outlook for the global defatted fish meal market.

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