Fish Protein Hydrolysate Industry Outlook 2024-2032
Summary:
- The global fish protein hydrolysate market size reached USD 317.1 Million in 2023.
- The market is expected to reach USD 448.8 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
- Asia Pacific leads the market, accounting for the largest fish protein hydrolysate market share.
- Enzymatic hydrolysis accounts for the majority of the market share in technology segment due to its ability to produce high-quality, bioactive peptides with specific functional properties, making it ideal for applications in food, nutraceuticals, and cosmetics.
- Powder holds the largest share in the fish protein hydrolysate industry.
- Anchovy remain a dominant segment in the market, due to its high protein content, abundant availability, and cost-effectiveness in production.
- Animal feed and pet food represents the leading application segment.
- The increasing demand for organic fertilizers in agriculture is a primary driver of the fish protein hydrolysate market.
- The fish protein hydrolysate market growth and forecast highlight a significant rise due to the growth in aquaculture feed production, along with the rising prevalence if protein deficiency disorders in developing regions.
Request a sample copy of the report: https://www.imarcgroup.com/fish-protein-hydrolysate-market/requestsample
Industry Trends and Drivers:
- Growing demand for nutritional supplements and functional foods:
The increasing demand for nutritional supplements and functional foods is one of the major factors boosting the fish protein hydrolysate market share. As consumers become more health-conscious, there is a rising interest in functional ingredients that offer additional benefits beyond basic nutrition. Fish protein hydrolysates are rich in essential amino acids, peptides, and bioactive compounds that support muscle health, immune function, and overall wellness. These properties make FPH an appealing ingredient for functional food and beverage manufacturers looking to develop products that appeal to health-focused consumers. Furthermore, the demand for protein-based supplements is booming, driven by the expanding fitness and sports nutrition markets. Fish protein hydrolysates are ideal for protein supplements, as they offer a highly digestible, hypoallergenic, and nutrient-dense protein source. The bioactive peptides present in FPH are also valued for their antioxidant, anti-inflammatory, and antimicrobial properties, which contribute to various health benefits such as improved gut health and cardiovascular health.
- Rising awareness and demand for sustainable ingredients:
The fish protein hydrolysate market trends indicate that sustainability is a driving force in many global markets, and the fish protein hydrolysate market is no exception. FPH is typically derived from fish by-products, such as bones, skin, and scales, which would otherwise go to waste. By repurposing these by-products, the production of FPH supports a circular economy, aligns with zero-waste initiatives, and reduces environmental impact. This aligns with the growing demand for sustainable products, especially as consumers and companies become more aware of environmental issues such as overfishing, ocean pollution, and resource depletion. In the food and feed industries, manufacturers increasingly seek eco-friendly ingredients to meet the rising consumer demand for sustainable products. This shift is particularly pronounced in the pet food, aquaculture, and livestock feed sectors, further increasing the fish protein hydrolysate demand. Additionally, FPH production aligns with sustainability certifications and initiatives that companies can leverage to improve their environmental profile.
- Expansion in the cosmetics and personal care industry:
The use of fish protein hydrolysates in cosmetics and personal care products is gaining traction, due to the rich profile of bioactive peptides and antioxidants found in the ingredients. FPH offers skin-conditioning properties, which improve skin elasticity, hydration, and overall texture, making it a valuable addition to anti-aging creams, moisturizers, and hair care products. This trend is being driven by increasing consumer awareness about the benefits of natural and marine-based ingredients in skincare, especially for promoting skin vitality and youthfulness. Consumers are leaning toward cosmetic products that incorporate natural, sustainable, and multifunctional ingredients. Fish protein hydrolysates fit this demand by providing a renewable source of bioactive compounds that can enhance the protective barrier of the skin, reduce the appearance of wrinkles, and even improve hair strength and shine. Additionally, scientific studies have highlighted the potential benefits of marine peptides for skin regeneration and anti-inflammatory effects, leading to an increase in research and development (R&D) efforts by personal care brands exploring innovative applications of FPH in their formulations. As the cosmetics industry continues to evolve toward more natural and ethically, the fish protein hydrolysate market size is significantly increasing.
Fish Protein Hydrolysate Market Report Segmentation:
Breakup By Technology:
- Acid Hydrolysis
- Autolytic Hydrolysis
- Enzymatic Hydrolysis
Enzymatic hydrolysis dominates the market as it produces high-quality hydrolysates with superior bioactivity, digestibility, and minimal undesirable side effects compared to other methods.
Breakup By Form:
- Liquid
- Powder
Powder holds the maximum number of shares due to its longer shelf life, easy handling, and versatility in applications across food, supplements, and animal feed.
Breakup By Fish Type:
- Anchovy
- Herrings
- Menhaden
- Sardine
- Shads
- Others
Anchovy represents the largest segment due to its high protein content, abundance, and cost-effectiveness, making it an ideal source for hydrolysate production.
Breakup By Application:
- Food
- Pharmaceuticals
- Animal Feed and Pet Food
- Cosmetics
- Others
Animal feed and pet food dominate the market due to the high demand for protein-rich, digestible, and sustainable ingredients that support animal growth, health, and overall nutrition.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific holds the leading position owing to a large market for fish protein hydrolysate driven by its rapidly growing population, increasing health-conscious consumer base, and strong demand for sustainable and protein-rich ingredients in food, supplements, and cosmetics.
Top Fish Protein Hydrolysate Market Leaders:
The fish protein hydrolysate market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Alaska Protein Recovery LLC
- Bio-marine Ingredients Ireland Ltd.
- Copalis
- Dramm Corporation
- Gelita AG
- Great Pacific BioProducts Ltd.
- Hofseth Biocare ASA
- Janatha Fish Meal & Oil Products
- SAMPI
- Scanbio Marine Group AS
- Symrise AG
- United Fisheries Ltd.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
