Fishmeal is the flour processed out of the fish after milling and drying the fish and its selective body parts, whereas fish oil is the brown or yellow liquid extracted out by pressing the cooked fish. The fishmeal and fish oil are majorly used as additive in the animal and fish feeds. Both fishmeal and fish oil are employed as high protein ingredients in the feeds given to farmland animals and farmed fishes. Fish oil is majorly used in the farm fish feeds with a minor share used in land animal feeds. Moreover, Fishmeal is not fed directly undiluted to the animals as feed additive. It is need to be added in animal feeds by following typical inclusion rates for fishmeal which vary among different types of feed. The production of fishmeal and fish oil utilizes different species of fishes. However, oily fish species such as anchoveta fish is commonly used.
The major share of revenue being driven by animal feeds and fish feed application of fishmeal and fish oil.
Over the next five years, Planet Market Reports projects that Fishmeal & Fish Oil will register a –% CAGR in terms of revenue, reach US $ million by 2023, from US $ million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Fishmeal & Fish Oil market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Salmon & trout
Marine fish
Crustaceans
Tilapias
Carps
Segmentation by application:
Fertilizer
Aquaculture
Pharmaceuticals
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The Key Manufacturers covered in this report:
FMC
Austevoll Seafood
Croda
Oceana
Omega Protein
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives:
To study and analyze the global Fishmeal & Fish Oil consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Fishmeal & Fish Oil market by identifying its various subsegments.
Focuses on the key global Fishmeal & Fish Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fishmeal & Fish Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Fishmeal & Fish Oil submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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