The global fish protein concentrate market size is expected to gain momentum owing to the growing demand for FPC in dietary supplements during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Fish Protein Concentrate Market, 2022-2029.” The growing demand for protein concentrates in creating various health supplements, foods, and drinks is allowing manufacturers to develop new products. Furthermore, government initiatives targeted at strengthening the fish protein business are driving up demand. For example, the National Oceanic and Atmospheric Administration of the United States Department of Commerce is in charge of managing the nation’s fishing resources in U.S. territorial waters, as well as a voluntary seafood inspection and grading program.
Supply Chain Disruption to Hamper Market Growth
One of the primary businesses affected by the pandemic is food and beverage, which has seen supply chain disruptions and office closures. The United States is a major producer and consumer of fish protein hydrolysate. However, the country’s lockout of numerous industries and factories has disrupted worldwide supply networks, causing manufacture, delivery timetables, and sales of protein-based products to suffer. As a result, several businesses have already warned of possible delays in product deliveries and a predicted drop in sales.
Fortune Business Insights™ lists out all the fish protein concentrate market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
The report examines profiles of important firms in the fish protein concentrate industry and the analyses of market strategies. Furthermore, the report focuses on significant industry players, providing information such as company profiles, components, and services offered, financial data from the previous three years, and key developments in the previous years.
Drivers & Restraints-
Growing Consumption of High Protein Diet to Stimulate Growth
The increasing demand for a high protein diet is expected to boost the global fish protein concentrate market growth during the forecast period. Manufacturers are increasingly focusing on creating foods with a high nutritional value. Protein is becoming one of the most helpful and in-demand nutrients among the nutrients. Its functional characteristics guard against protein deficit while satisfying the demand for high protein content in food products. Furthermore, the worldwide market may benefit from the increasing need for sports nutrition.
Extensive Consumption of High protein in North America to Augment Growth
North America is expected to hold the largest global fish protein concentrate market share during the forecast period. A significant element driving market growth in that region is the growing elderly population and the increasing benefits of fish protein. Furthermore, the FDA publishes the Fish and Fisheries Products Risks and Controls Guidance, which is a comprehensive compilation of the most recent science and policy on the hazards that influence fish and fishery products and appropriate controls to avoid their occurrence.
Asia Pacific is anticipated to hold a significant position in the market. The region’s demand for fish food concentrate is being met by heavy consumption of seafood, particularly fish foods in various protein requirements. Seasaga Group, India’s largest and oldest frozen seafood production and exporting company, will drive growth in the region.
By type, the market for fish protein concentrate is segmented into type A, type B, type C. On the basis of form, the market is segregated into powder and liquid. On the basis of end-use application, the market is categorized into food & beverage, sports nutrition & dietary supplements, pharmaceuticals, cosmetics, and personal care products, and animal feed. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Key Players Focus on Partnerships to Strengthen their Market position
Key advancements in the fish protein concentrate industry and organic and inorganic growth methods are covered in the report. Product launches, product approvals, and other organic growth tactics such as patents and events are being prioritized by a number of companies. Acquisitions, as well as partnerships and collaborations, were seen as inorganic growth tactics in the market. These efforts have paved the way for others to follow in their footsteps.
The Global Fish Protein Concentrate Market Research/Analysis Report Contains Answers to your following Questions:
Which Manufacturing Technology is used for Fish Protein Concentrate? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Fish Protein Concentrate Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Market Status of Fish Protein Concentrate Market? What Was Capacity, Production Value, Cost and PROFIT of Fish Protein Concentrate Market?
What Is Current Market Status of Fish Protein Concentrate Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Fish Protein Concentrate Market Trends by Taking Applications and Types in Consideration?
What Are Projections of Global Fish Protein Concentrate Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
What Is Fish Protein Concentrate Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact On Fish Protein Concentrate Industry? What are Global Fish Protein Concentrate Analysis Results? What Are Global Fish Protein Concentrate Development Trends?
What Are Market Dynamics of Fish Protein Concentrate Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Fish Protein Concentrate Industry?
August 2019: Incontech PTE Ltd, a Singapore-based company, has created a tri-peptide collagen supplement in the shape of jelly packets to provide consumers with simple and effective goods. It will also help the corporation increase its customer base throughout Asia Pacific.
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –