The Marine Ingredients Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Marine Ingredients market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.
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Marine ingredients are extracted from various types of marine species. These species are inhabitants of water bodies such as a lake, river-sea, pond, and ocean. The marine ingredients are extracted from species such as krill, algae, fishes, and squid. These ingredients are highly rich in nutrition are obtained by a variety of fishes such as salmon, hoki, tuna, cod, trout, sandeel, jack mackerel, herring, and others. Marine ingredients are nutritious ingredients that are intended for animal and human consumption. These ingredients consist of marine proteins, marine peptides, marine collagen, fish meal, fish oil, and fishbone.
The marine ingredients market has witnessed a significant growth owing to factors such as increasing demand from the food and beverage and animal feed application. Moreover, increasing demand from the cosmetic industry is projected to provide a huge market opportunity for key players operating in the market. However, fluctuation in the availability of raw material is projected to hamper the market growth over the forecast period.
The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.
The Marine Ingredients market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
Leading companies profiled in the report include:
2. Bio-marine Ingredients Ireland Ltd.
3. BioOregon Protein
4. Cargill, Incorporated
6. Hofseth BioCare
7. KD Nutra
8. Scanbio Marine Group
The global marine ingredients market is segmented on the basis of product , form, ingredient and end use. On the basis of product, the marine ingredients market is segmented into fish meal, fish oil, and others. The marine ingredients market on the basis of the form is classified into powder and liquid. Similarly, on the basis of ingredient the marine ingredients market is bifurcated into protein, fatty acids, and others. Based on end use the global marine ingredients market is divided into animal feed, food & beverages, pharmaceuticals, cosmetics & personal care, and other.
The report highlights key growth strategies adopted by these players of the Marine Ingredients industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The report answers the following key aspects:
- Marine Ingredients Market size and growth rate in the forecast period.
- Existing market trends.
- Factors driving Marine Ingredients market growth.
- Future opportunities in the Global Marine Ingredients Market.
- Market initiatives by the leading vendors.
- PEST analysis across five major regions.
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