Los Angeles, CA -- (SBWIRE) -- 08/20/2019 -- Fish powder is made from cooked fishes and primarily used in animal feed. Also referred to as fish meal, it is generally prepared using fishes that are not normally meant for human consumption. Most of it is manufactured using small, wild-caught fishes, sustainable fish stocks, or unmanaged by-catches. On the other hand, a small percentage of fish powder is prepared using the offal and bones left over from processed fishes consumed by humans. Fish powder and fish oil are mainly prepared from pilchard, herring, anchovy, menhaden, and other species of oily fishes. Fish powder was previously considered as an important fertilizer.
According to a study recently published by the Institute of Aquaculture of the University of Stirling, substituting fish meal with crop-based ingredients may not be the best environment-friendly move. Commercial fish feed producers are observed to have increased the use of plant ingredients as a replacement for fish meal in aquaculture feeds, considering their desire to improve aquafeed sustainability and the benefit of economic incentives. However, the new research challenges this approach that many predict is more environment-friendly. As per the analysts, the global fish powder market is expected to come into the limelight because of such research studies.
The report on the global fish powder market is carefully assessed with strong focus on regional growth, segmentation, competition, and market dynamics. Each section of the report sheds light on critical factors and aspects of the global market and how they could impact growth during the course of the forecast period.
Get PDF template of this report: https://www.qyrconsulting.com/request-sample/2347
Global Fish Powder Market: Segmentation
By Source
? Cod Fish
? Salmon
? Tilapia
? Sea Bass/Bream
? Sturgeon
? Others
By Application
? Feed Industry
? Food Industry
? Flavor Industry
? Supplement Industry
? Others
By Packaging
? Paper Bags
? Plastic Containers
? Plastic Pouches
Among various sources used to prepare fish powder, cod fish is foretold to account for a remarkable share of the global market. If the applications of fish powder are taken into account, the feed industry is expected to collect a substantial share of the global market. Increasing adoption of aquafarming or aquaculture could bode well for the application of fish powder in the feed industry. Among different types of packaging used for fish powder, paper bags are anticipated to attract a healthy share of the global market.
Global Fish Powder Market: Regional Analysis
The remarkable growth of Europe in the aquaculture industry is prophesied to help the region to show a quick rise in the global fish powder market. EU countries reaching high levels of aquaculture and fisheries production are expected to help with the growth of the Europe market. Moreover, the rise of the fisheries and catchers industries in the region is foretold to benefit Europe in the near future.
Global Fish Powder Market: Key Manufacturers
The global fish powder market witnesses the presence of top manufacturers, including Daybrook Fisheries, Inc., MC Machinery Co. Ltd., Aksha Fish Meal and Oil, Diamond Fishes, Mexican Seafood Co., Madai Ltd., Lucky Star Metal Agricultural Co. Ltd., Thanh Ha Agriculture and Forest Product Processing and Export Co., Ltd, La Romana Farine S.R.L., Salmon Club SRL, Mega Tierernährung GmbH, Polfish, and G.E. McLarnon & Sons Limited.
Get Complete Report in your Inbox within 24 hours: https://www.qyrconsulting.com/checkout/2347
About Us:
QYR Consulting established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.