Fish Protein Hydrolysate Market Size: Regional Outlook, Competitors, Future Opportunities, Forecast
Market Forecast
The global fish protein hydrolysate market size is projected
to be valued at USD 560.5million by 2028 at a CAGR of 4.32% between
2021 and 2028. Fish protein hydrolysate is a blend of degraded proteins
extracted by the hydrolys is of protein extracted from fish or fish material.
It is a bioactive compound generally obtained through the enzymatic hydrolysis
technique, which involves the decomposition of the minced fish together with
enzymes. Later the hydrolysis process gives out smaller amino acids and
peptides as major products. The hydrolysis done to obtain the fish protein
hydrolysate requires various enzymes such as pepsin, trypsin, chymotrypsin, and
alcalase. These enzymes are quite expensive, which increases the cost of
production. The manufacturing of dried fish protein hydrolysate involves a
complex process for removing moisture content, which demandssignificant energy
requirements.
Different wastes—such as roe, head, frame waste, skin, and
bone—are generated during fish processing. All of these can be used to produce
hydrolysate. On the other hand, the proteins isolated from the waste parts can
also be used for the production of hydrolysates. The protein content in
different fish waste parts is different. Depending on the properties and
chemical composition, fish protein hydrolysate finds application in various
industries such as food, pharmaceutical, animal feed, and pet food. Owing
to the numerous applications of fish protein hydrolysates in several
industries, the fish protein hydrolysate market growth is expected to
experience growth for the forecast period.
Moreover, increasing health consciousness among consumers
has led to an upsurge in demand for fish protein hydrolysate. Additionally,
fish protein hydrolysate is extensively used in animal feed products as they
help reduce outbreaks of diseases and boost the metabolic system against
infections. Owing to this, the fish protein hydrolysate market growth is
expected to witness a growing curve for the forecast period.
However, the supply of raw material for the production of
fish protein hydrolysate is insufficient, such as Atlantic salmon sourced from
the Scandinavian countries, such as Norway, Denmark, and Sweden, and
Tunaobtainedfrom the Japan Sea and the Pacific Ocean. Additionally, the
collection, storage, and processing of the raw material are also difficult as
aquatic products are highly perishable. Moreover, along with the difficulties
in maintaining raw materials, the management of the final product of fish
protein hydrolysate is also challenging. The storage and transportation of fish
protein hydrolysate are difficult and expensive. The production of fish protein
hydrolysate is not an economical process; this can be a restraining factor for fish
protein hydrolysate market size.
Key Players in Fish Protein Hydrolysate Market
- Hofseth
BioCare ASA (Norway)
- Diana
Group (Brittany)
- Bio-marine
Ingredients Ireland (Ireland)
- Copalis
(France)
- Janatha
Fish Meal & Oil Products (India)
- Scanbio
Marine Group AS (Norway)
- Sopropêche
(France)
- Omega
Protein Corporation (US)
- Sociedad
Pesquera Landes Sa (Chile)
- TC
Union Agrotech and United Fisheries (Thailand)
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Market USP
Numerous health benefits provided by fish protein
hydrolysate in several industries.
Growth Opportunities in Fish Protein Hydrolysate Market
Nutraceutical applications: The composition of
fish protein hydrolysate varies along with the raw material used for the
production of fish protein hydrolysates such as head, bone, skin, viscera, type
of drying, type of process used, the extent of hydrolysis, and any other
pretreatment of raw materials. The chemical composition of food materials plays
an important role in human health for supplying essential nutrients and
maintaining prosperous health. Fish protein hydrolysates contain high amounts
of amino acid, which is very beneficial to human health. Amino acid composition
of protein hydrolysates varies with the usage of different raw materials and
enzyme sources under different hydrolysis conditions. Fish protein hydrolysate
has amino acids in abundance with richness in glutamic and aspartic acid
content. Fish protein hydrolysate also contains essential and non-essential
amino acids and aromatic amino acids. The numerous nutritional benefits
provided by fish protein hydrolysate are peptides specifically marketed as
health supplements. Protein hydrolysateshave numerous nutraceutical properties
such as antiobesity, antioxidant, anti-coagulation, immune modulation,
anti-microbial, antihypertension, and anticancer. These numerous health
benefits provided by fish protein hydrolysate are expected to create growth
opportunities for fish
protein hydrolysate market size for the forecast period.
Increased quality of animal-derived end products:
The awareness regarding the improved quality of animal-derived end products
such as milk, eggs, and meat due to fish protein hydrolysates is increasing
among consumers. These products help reduce the risk of contracting viral &
bacterial infections, boosting the metabolic system and improving digestive
feasibility. Manufacturers are increasingly inclining towards adopting natural
protein sources in feed for improving the quality of animal-derived products.
Moreover, broiler chickens gain numerous benefits by consuming fish protein
hydrolysates regularly as it helps in muscle development. Enzymes in fish
proteins help inthe digestion of fibrous food such as soybean meal and grains,
which regulate gut morphology. These numerous benefits provided by fish protein
hydrolysate market growth for the forecast period.
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