Product Code: TIPRE00029779
The fish protein isolates market size is expected to grow from US$ 1,187.04 million in 2022 to US$ 1,534.01 million by 2028; it is expected to grow at a CAGR of 4.4% from 2022 to 2028.
Fish protein isolate is produced by solubilizing fish protein in alkaline conditions and isoelectric precipitation to produce fish protein isolate with functional properties. The demand for fish protein isolates is increasing from various end use industries such as food & beverages, pharmaceuticals & nutraceuticals, personal care, and animal nutrition. The need for fish protein isolates in food & beverages is also growing owing to their incorporation in cereals, protein bars, infant formula, and other fortified food products to improve their nutritional profile for optimal health development. Further, the increasing demand for functional foods, nutritionally enhanced with omega-3 fatty acids, reduced sodium, and high protein content, will fuel the fish protein isolate market growth.
Based on application, the fish protein isolates market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal nutrition. The pharmaceuticals and nutraceuticals segment held the largest market share in 2021. However, the food and beverages segment is projected to register the highest CAGR during the forecast period. Pharmaceutical and nutraceuticals with fish protein isolate are consumed for improving heart health and maintaining brain health. The fish protein isolate is a rich source of omega 3, 6, and 9 fatty acids and has several antioxidant properties. These nutrients improve insulin sensitivity, which helps keep the body in an anabolic state and reduce body fat without risking muscle loss. Omega-3 helps the body store carbohydrates within muscles, which directly impacts muscle growth. Therefore, fish protein isolates are utilized in health and dietary supplements, sports nutrition, infant formula, and other products.
By region, the fish protein isolates market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2021, North America held the largest share of the fish protein isolates market; however, Asia Pacific is estimated to register the fastest CAGR from 2022 to 2028. According to Food and Agriculture Organization 2020 report, Asia Pacific is a significant global aquaculture production market. Bangladesh, China, India, Indonesia, Myanmar, the Philippines, the Republic of Korea, Thailand, and Vietnam are among the major aquaculture producers. The markets for nutraceutical products, functional food & beverages, and dietary food supplements registered significant growth in Asia Pacific in the past few years. Consumer awareness regarding antiaging, weight management, and other health concerns is rapidly increasing in the region. Thus, the increased consumption of naturally sourced protein, such as fish protein isolate, has encouraged producers to develop fish protein isolate fortified products.
The key players operating in the fish protein isolates market include Advance International Inc, Bio-marine Ingredients Ireland Ltd, PeterLabs Holdings Sdn Bhd, Hofseth BioCare ASA, Sopropeche SA, Copalis Industry SAS, and Biomega Group AS. These players are engaged in developing affordable and innovative products to meet the rising customer demands and expand their market share.
The overall fish protein isolates market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the fish protein isolates market.
Reasons to Buy:
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global fish protein isolates market, thereby allowing players to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 3.2.8 Assumption and Limitation:
4. Fish Protein Isolates Market Overview
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Expert Opinion
- 4.4 Ecosystem Analysis
- 4.5 List of Potential Buyers
5. Fish Protein Isolates Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Surge in Demand for Protein-rich Food Products
- 5.1.2 Rising Application of Fish Protein Isolates in Various End-use Industries
- 5.2 Market Restraints
- 5.2.1 Rising Vegan Population
- 5.3 Market Opportunities
- 5.3.1 Increasing Number of Fisheries
- 5.4 Future Trends
- 5.4.1 Popularity of Dietary Supplements among Millennials
- 5.5 Impact Analysis of Drivers and Restraints
6. Fish Protein Isolates - Global Market Analysis
- 6.1 Fish Protein Isolates Market Overview
- 6.2 Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)
- 6.3 Competitive Positioning - Key Market Players
7. Fish Protein Isolates Market Analysis - By Form
- 7.1 Overview
- 7.2 Fish Protein Isolates Market, By Form (2021 and 2028)
- 7.3 Powder
- 7.3.1 Overview
- 7.3.2 Powder: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Liquid
- 7.4.1 Overview
- 7.4.2 Liquid: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
8. Fish Protein Isolates Market Analysis - By Application
- 8.1 Overview
- 8.2 Fish Protein Isolates Market, By Application (2021 and 2028)
- 8.3 Food & Beverages
- 8.3.1 Overview
- 8.3.2 Food & Beverages: Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
- 8.4 Pharmaceuticals & Nutraceuticals
- 8.4.1 Overview
- 8.4.2 Pharmaceuticals & Nutraceuticals: Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
- 8.5 Personal Care
- 8.5.1 Overview
- 8.5.2 Personal Care: Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
- 8.6 Animal Nutrition
- 8.6.1 Overview
- 8.6.2 Animal Nutrition: Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
9. Fish Protein Isolates Market - Geographic Analysis
- 9.1 Overview
- 9.2 North America: Fish Protein Isolates Market
- 9.2.1 North America: Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)
- 9.2.2 North America: Fish Protein Isolates Market, By Form
- 9.2.3 North America: Fish Protein Isolates Market, by Application
- 9.2.4 North America: Fish Protein Isolates Market, by Key Country
- 9.2.4.1 US: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.2.4.1.1 US: Fish Protein Isolates Market, By Form
- 9.2.4.1.2 US: Fish Protein Isolates Market, by Application
- 9.2.4.2 Canada: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.2.4.2.1 Canada: Fish Protein Isolates Market, By Form
- 9.2.4.2.2 Canada: Fish Protein Isolates Market, by Application
- 9.2.4.3 Mexico: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.2.4.3.1 Mexico: Fish Protein Isolates Market, By Form
- 9.2.4.3.2 Mexico: Fish Protein Isolates Market, by Application
- 9.3 Europe: Fish Protein Isolates Market
- 9.3.1 Europe: Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)
- 9.3.2 Europe: Fish Protein Isolates Market, By Form
- 9.3.3 Europe: Fish Protein Isolates Market, by Application
- 9.3.4 Europe: Fish Protein Isolates Market, by Key Country
- 9.3.4.1 Germany: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.1.1 Germany: Fish Protein Isolates Market, By Form
- 9.3.4.1.2 Germany: Fish Protein Isolates Market, by Application
- 9.3.4.2 UK: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.2.1 UK: Fish Protein Isolates Market, By Form
- 9.3.4.2.2 UK: Fish Protein Isolates Market, by Application
- 9.3.4.3 France: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.3.1 France: Fish Protein Isolates Market, By Form
- 9.3.4.3.2 France: Fish Protein Isolates Market, by Application
- 9.3.4.4 Italy: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.4.1 Italy: Fish Protein Isolates Market, By Form
- 9.3.4.4.2 Italy: Fish Protein Isolates Market, by Application
- 9.3.4.5 Russia: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.5.1 Russia: Fish Protein Isolates Market, By Form
- 9.3.4.5.2 Russia: Fish Protein Isolates Market, by Application
- 9.3.4.6 Rest of Europe: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
- 9.3.4.6.1 Rest of Europe: Fish Protein Isolates Market, By Form
- 9.3.4.6.2 Rest of Europe: Fish Protein Isolates Market, by Application
- 9.4 Asia Pacific: Fish Protein Isolate Market
- 9.4.1 Asia Pacific: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.2 Asia Pacific: Fish Protein Isolate Market, By Form
- 9.4.3 Asia Pacific: Fish Protein Isolate Market, by Application
- 9.4.4 Asia Pacific: Fish Protein Isolate Market, by Key Country
- 9.4.4.1 China: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.1.1 China: Fish Protein Isolate Market, By Form
- 9.4.4.1.2 China: Fish Protein Isolate Market, by Application
- 9.4.4.2 Japan: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.2.1 Japan: Fish Protein Isolate Market, By Form
- 9.4.4.2.2 Japan: Fish Protein Isolate Market, by Application
- 9.4.4.3 India: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.3.1 India: Fish Protein Isolate Market, by Form
- 9.4.4.3.2 India: Fish Protein Isolate Market, by Application
- 9.4.4.4 Australia: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.4.1 Australia: Fish Protein Isolate Market, By Form
- 9.4.4.4.2 Australia: Fish Protein Isolate Market, by Application
- 9.4.4.5 South Korea: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.5.1 South Korea: Fish Protein Isolate Market, By Form
- 9.4.4.5.2 South Korea: Fish Protein Isolate Market, by Application
- 9.4.4.6 Rest of Asia Pacific: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.4.6.1 Rest of Asia Pacific: Fish Protein Isolate Market, By Form
- 9.4.4.6.2 Rest of Asia Pacific: Fish Protein Isolate Market, by Application
- 9.5 South and Central America: Fish Protein Isolate Market
- 9.5.1 South and Central America: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.2 South and Central America: Fish Protein Isolate Market, By Form
- 9.5.3 South and Central America: Fish Protein Isolate Market, by Application
- 9.5.4 South and Central America: Fish Protein Isolate Market, by Key Country
- 9.5.4.1 Brazil: Fish Protein Isolate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5.4.1.1 Brazil: Fish Protein Isolate Market, By Form
- 9.5.4.1.2 Brazil: Fish Protein Isolate Market, by Application
- 9.5.4.2 Argentina: Fish Protein Isolate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5.4.2.1 Argentina: Fish Protein Isolate Market, By Form
- 9.5.4.2.2 Argentina: Fish Protein Isolate Market, by Application
- 9.5.4.3 Rest of South and Central America: Fish Protein Isolate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5.4.3.1 Rest of South and Central America: Fish Protein Isolate Market, By Form
- 9.5.4.3.2 Rest of South and Central America: Fish Protein Isolate Market, by Application
- 9.6 Middle East and Africa: Fish Protein Isolate Market
- 9.6.1 Middle East and Africa: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.2 Middle East and Africa: Fish Protein Isolate Market, By Form
- 9.6.3 Middle East and Africa: Fish Protein Isolate Market, by Application
- 9.6.4 Middle East and Africa: Fish Protein Isolate Market, by Key Country
- 9.6.4.1 Saudi Arabia: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.4.1.1 Saudi Arabia: Fish Protein Isolate Market, By Form
- 9.6.4.1.2 Saudi Arabia: Fish Protein Isolate Market, by Application
- 9.6.4.2 UAE: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.4.2.1 UAE: Fish Protein Isolate Market, By Form
- 9.6.4.2.2 UAE: Fish Protein Isolate Market, by Application
- 9.6.4.3 South Africa: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.4.3.1 South Africa: Fish Protein Isolate Market, By Form
- 9.6.4.3.2 South Africa: Fish Protein Isolate Market, by Application
- 9.6.4.4 Rest of MEA: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.4.4.1 Rest of MEA: Fish Protein Isolate Market, by Form
- 9.6.4.4.2 Rest of MEA: Fish Protein Isolate Market, by Application
10. Impact of COVID-19 Pandemic on Fish Protein Isolates Market
- 10.1 Overview - Impact of COVID-19 Pandemic
- 10.2 North America: Impact Assessment of COVID-19 Pandemic
- 10.3 Europe: Impact Assessment of COVID-19 Pandemic
- 10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
- 10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
- 10.6 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 11.4 Merger and Acquisition
12. Company Profiles
- 12.1 Advance International, Inc
- 12.1.1 Key Facts
- 12.1.2 .Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Bio-marine Ingredients Ireland Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 PeterLabs Holdings Sdn Bhd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Hofseth BioCare ASA
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Sopropeche SA
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Copalis Industry SAS
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Biomega Group AS
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Word Index