Report : Europe Fish Protein Hydrolysate Market to 2027 - Regional Analysis and Forecasts by Technology (Acid Hydrolysis, Autolytic Hydrolysis, and Enzymatic Hydrolysis); Form (Powder and Liquid), Source (Tuna, Sardine, Atlantic Salmon, Crustacean, and Others), Application (Animal Feed, Pet Food, Pharmaceuticals, Cosmetics, and Others), and Country
Growing consumer preference towards healthy diet to escalate the Europefish protein hydrolysate market at a CAGR of 5.4%
Latest market study on “EuropeFish Protein HydrolysateMarket to 2027 –Analysis and Forecasts by Technology (Acid Hydrolysis, Autolytic Hydrolysis, and Enzymatic Hydrolysis); Form (Powder and Liquid), Source (Tuna, Sardine, Atlantic Salmon, Crustacean, and Others), Application (Animal Feed, Pet Food, Pharmaceuticals, Cosmetics, and Others), and Country”.Fish protein hydrolysate is defined as a blend of degraded proteins which are extracted by the protein hydrolysis of fish material or fish. It is a bioactive compound that is produced by decomposing the minced fish together with enzymes and involves breaking down proteins into smaller peptides and amino acids. Fish protein hydrolysate is generally produced through enzymatic hydrolysis technique. The process of enzymatic hydrolysis requires the use of expensive enzymes such as chymotrypsin, pepsin, alcalase, and trypsin, which increases the cost of production. The manufacture of dried fish protein hydrolysate involves the removal of moisture content is complex and results in substantial energy requirements, which boosts the cost further.
The Europefish protein hydrolysatemarket is accounted to US120.9Mn in 2018 and is expected to grow at a CAGR of 5.4%during the forecast period 2019 – 2027, to account to US$ 193.0Mnby 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The growing awareness about the benefits of fish protein is anticipated to influence the fish protein hydrolysate market at greater extent. Countries such as the US and Canada are playing a key role in manufacturing fish protein hydrolysate and holds maximum market share in the manufacturing sector. Increasing disposable income of the consumers is also expected to prevail the market growth over the forecast period, as consumers are seeking for more appropriate protein enriched products, thereby shifting manufacturers portfolio and ingredient choices. Consumer’s inclination towards healthy lifestyle and rising awareness of health benefits of fish protein is encouraging manufacturers to focus on FPH products. Moreover, demand for fish protein hydrolysate is increasing in manufacturing nutritional supplement for malnourished children, which is further projected to propel the market growth.
The market for Europefish protein hydrolysateis concentrated with some very well-established players. Some of the key players in the Europefish protein hydrolysate market includeBio-marine Ingredients Ireland Limited, Copalis Sea Solutions, Diana Group, HofsethBioCare ASA, Janatha Fish Meal & Oil Products, Scanbio Marine Group AS, and SOPROPÊCHE among others.
EuropeFish Protein Hydrolysate Market — By Country Breakdown, 2018
The report segments the EuropeFish Protein Hydrolysate market as follows:
Europe Fish Protein Hydrolysate Market – By Technology
- Acid Hydrolysis
- Autolytic Hydrolysis
- Enzymatic Hydrolysis
Europe Fish Protein Hydrolysate Market – By Form
Europe Fish Protein Hydrolysate Market – By Source
- Atlantic Salmon
Europe Fish Protein Hydrolysate Market – By Application
- Animal Feed
- Pet Food
Europe Fish protein hydrolysate Market – By Country
- Rest of Europe
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