Selbyville, Delaware, April 12, 2020 (GLOBE NEWSWIRE) --
Global fish protein hydrolysate market revenue is anticipated to surpass USD 570 million by 2026, according to a new research report by Global Market Insights, Inc. Rapid shift towards natural ingredients in cosmetic industry and changing perceptions on adopting anti-aging solutions is likely to boost the market demand.
Sardines protein fish hydrolysates are widely used to supplement cat food owing to its sharp taste and odour. Its compatibility with various cat food preparations makes it widely used in preparing targeted packaged pet food solutions for different species. Furthermore, increasing awareness on pet health and rising demand for high quality pet nutrition solutions is likely to augment market growth. They also aid in improving digestive feasibility, vision and helps in reducing the risk of cardiovascular diseases which is likely to boost sardine fish protein hydrolysate market share.
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Fish protein hydrolysates are produced using acid hydrolysis process by reacting fish along with sulfuric or hydrochloric acid at high temperature and pressure. Acid hydrolysis of proteins achieves higher yields and is a cost-effective method of protein hydrolysis. Channing consumer perceptions towards economical & high-quality products and increasing competition in industry place is likely to boost market demand.
Some major findings of fish protein hydrolysate market report include:
- The demand for fish protein hydrolysate is increasing globally owing to rising awareness on high protein and omega 3 concentration
- Changing dietary patterns and rapid adopting of quick absorbing protein solutions is likely to boost the market statistics
- Industry players are sourcing raw material from exotic sources in an attempt to gain maximum market share and brand recognition
- Rapid investment in R&D, marketing, and developing indigenous technology is likely to foster fish protein hydrolysate market demand
- Market for liquid based fish protein hydrolysate is set to secure more than 3% CAGR through 2026, owing to rapid demand for easily digestible protein solutions
- Easy availability of tilapia paste and economical extraction process is likely to boost demand in pet food formulations owing to high concentration of omega 3
- Industry players in fishing industry are trying to enter the market quickly in an attempt to quickly capture market demand
- Some of the major player operating in fish protein hydrolysate include BlueWave Marine Ingredients, FISH IT, Proper Nutrition, Zymtech Production AS, and Aroma New Zealand
- Fish protein hydrolysate from enzymatic hydrolysis is likely to surpass USD 74 million by 2026, owing to increasing demand for high quality protein powders
- Market players in Europe are using traditional methods to extract high quality protein hydrolysate to gain unique selling point in market
- The market is likely to witness restrain owing to government lockdown in an attempt to control COVID 19 spread
Browse key industry insights spread across 1095 pages with 1248 market data tables and 225 figures & charts from the report, “Fish Protein Hydrolysate Market Analysis, By Source (Anchovy, Tilapia, Tuna, Sardine, Atlantic Salmon, Crustacean, Molluscs, Codfish), Technology (Acid Hydrolysis, Enzymatic Hydrolysis), Form (Powder, Paste, Liquid), Application (Animal Feed, Pet Food, Food, Cosmetics, Pharmaceutical), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/fish-protein-hydrolysate-market
Asia Pacific fish protein hydrolysate market is likely to surpass USD 205 million at the end of forecast period, owing to increasing demand for natural ingredients in cosmetics and rising awareness on potential side effects of chemical induced cosmetics. Fish protein hydrolysates aid in boosting skin’s natural defense against pollution, oil, dirt and other environmental susceptibilities. Furthermore, cosmetic industry players are expanding their product portfolio by investing in alternative natural ingredients in an attempt to capture maximum market share and gain brand recognition, thereby propelling the industry demand.
Several industry players are engaged in new product development and manufacturing targeted solutions in an attempt to gain brand recognition in market sphere. Industry players are sourcing high quality raw materials & wild fish caught from natural waters to reduce the concentration of heavy metals and toxins. Additionally, companies are also engaged in segment diversification and are introducing industry wise targeted solutions which is likely to augment fish protein hydrolysate market.
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Browse Related Reports:
Protein Hydrolysate Industry Analysis, By Product (Milk protein [Whey, Casein], Animal Protein [Meat, Fish, Egg], Plant Protein [Soy]), By Application (Infant Nutrition, Sports Nutrition, Clinical Nutrition), Form (Powder, Liquid), Regional Outlook, Price Trend, Competitive Market Share & Forecast, 2017 – 2024
https://www.gminsights.com/industry-analysis/protein-hydrolysate-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.