North America Fish Protein Hydrolysate Market for Animal Feed Application Forecast to 2030

North America Fish Protein Hydrolysate Market for Animal Feed Application Forecast to 2030 – Regional Analysis – by Form (Dry and Liquid) and Application [Poultry (Layers, Broilers, and Others), Ruminant, Swine, Aquaculture (Salmon, Tuna, Shrimps, and Others), Pets (Dogs and Cats), and Others]

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Description

The North America fish protein hydrolysate market for animal feed application is expected to grow from US$ 62,387.49 million in 2023 to US$ 85,701.64 million by 2030. It is estimated to grow at a CAGR of 4.6% from 2023 to 2030.

Growing Fish Waste Revolutionized FPH Demand Fuels North America Fish Protein Hydrolysate Market for Animal Feed Application

There is a rapid growth in the production of fisheries and aquaculture industry driven by the development of fishing technologies. With rising production of fisheries across the globe, fish waste is produced in a substantial amount. According to The National Institute of Biotechnology Information (NCBI), about two-thirds of the total fish production is discarded as waste. The large amount of fish waste creates enormous economic and environmental concerns. Thus, the recycling and disposal of these wastes have become an important, compelling issue. Fish waste can be converted into value-added products such as FPH by adding various proteolytic enzymes. The skin, heads, bones, viscera, and liver of fish waste is a good source of amino acids, antioxidants, proteins, and peptides. The waste has also been found to possess desirable bioactive and functional peptides. Thus, companies are highly emphasizing on using fish waste as protein for various industries, animal feed being one of the significant industries. Thus, increasing fish waste by aquaculture and fisheries boosts FPH production which is driving the demand for the product in the animal feed industry.

North America Fish Protein Hydrolysate Market for Animal Feed Application Overview

The North America fish protein hydrolysate market for animal feed application is growing significantly due to the rising adoption of fish protein in the animal feed industry. An increasing number of individuals opting for protein-rich products has surged the demand for meat and seafood in the US, Canada, Mexico, and other countries in the region. Due to the increasing number of health-conscious consumers, the consumption of meat-based diets and spending on nutritional food is significantly increasing in the region. According to the Agriculture and Agri-Food Canada (AAFC), in 2021, consumers in Canada recorded US$ 601.1 million in per capita consumption of meat, which has increased compared to the value in 2017, which was US$ 523.9 million. At the same time, per capita consumption of poultry by Canadian consumers was 35.8 kilograms in 2021, a rise from 33.4 kilograms in 2017. The animal feed industry supports the sustainable growth in animal husbandry, and animal feed plays a significant role in the global food industry as it ensures safe and nutritious means of animal proteins. Fish protein hydrolysates are a rich source of amino acids and peptides. Most fish protein hydrolysate (FPH) are amorphous powders, hygroscopic in nature, containing 81–93% protein, less than 5% fat and 3–8% ash, and 1–8% moisture. It boosts the metabolic system of animals; hence, protecting them from the risk of infections and diseases. Therefore, the benefits associated with fish protein hydrolysate (FPH) have a massive demand in the animal feed industry, propelling the market growth.

North America Fish Protein Hydrolysate Market for Animal Feed Application Revenue and Forecast to 2030 (US$ Million)

North America Fish Protein Hydrolysate Market for Animal Feed Application Segmentation

The North America fish protein hydrolysate market for animal feed application is segmented into form, application, and country.

Based on type, the North America fish protein hydrolysate market for animal feed application is bifurcated into dry and liquid. The dry segment held a larger share of the North America fish protein hydrolysate market for animal feed application in 2023.

Based on application, the North America fish protein hydrolysate market for animal feed application is segmented into poultry, ruminant, swine, aquaculture, pets, and others. Poultry segment is divided into layers, broilers, and others. Aquaculture is segmented into salmon, tuna, shrimps, and others. Pets segment bifurcated into cats and dogs. The ruminant segment held the largest share of the North America fish protein hydrolysate market for animal feed application in 2023.

Based on country, the North America fish protein hydrolysate market for animal feed application is segmented into the US, Canada, and Mexico. The US dominated the share of the North America fish protein hydrolysate market for animal feed application in 2023.

Bio-marine Ingredients Ireland Ltd, Janatha Fish Meal & Oil Products, Kemin Industries Inc, and Symrise AG are some of the leading companies operating in the North America fish protein hydrolysate market for animal feed application.

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At 4.6% CAGR, the North America Fish Protein Hydrolysate Market for Animal Feed Application is speculated to be worth US$ 85,701.64 million by 2030, saysthe research team

According tothe research team Market research, the North America fish protein hydrolysate market for animal feed application was valued at US$ 62,387.49 million in 2023 and is expected to reach US$ 85,701.64 million by 2030, registering a CAGR of 4.6% from 2023 to 2030. Growing fish waste revolutionized the FPH demand and nutritional benefits of fish protein hydrolysate in animal nutrition are the critical factors attributed to the North America fish protein hydrolysate market for animal feed application expansion.

The World Organization for Animal Health states that more than 50 wildlife diseases can seriously impact livestock and public health. In this case, implementation of appropriate nutritional strategies that boost immunity, develop animal health, promote intestinal integrity and functionality is critical to enhance animal stress tolerance and treat various diseases. Thus, fish protein hydrolysates for animal feed applications are used to fulfill the nutritional demands of livestock. FPH is a good source of protein and nutrients such as phosphorus, calcium, and other minerals. It helps prevent the spread of infectious diseases and boosts animal immunity against fungi, bacteria, viruses, and parasites. Regular consumption of FPH by broiler chickens helps in their muscle development. Enzymes present in fish protein hydrolysate aid in the gut morphology of broilers by facilitating the digestion of fibrous food, including grains and soybean meal. Further, fish protein hydrolysates are widely used in aquaculture feeds due to their higher protein content and the ideal amino acid balance for aquatic animals. FPHs can enhance animals’ metabolic systems, which protects them from the risk of diseases and infections. Thus, the nutritional benefits of fish protein hydrolysate relating to animal health drive its demand among animal feed industries.

On the contrary, challenges related to supply chain hampers the North America fish protein hydrolysate market for Animal Feed Application.

Based on type, the North America fish protein hydrolysate market for animal feed application is segmented into dry and liquid. The dry segment held 58.6% share of North America fish protein hydrolysate market for animal feed in 2023, amassing US$ 36,551.91 million. It is projected to garner US$ 50,740.40 million by 2030 to expand at 4.8% CAGR during 2023–2030.

Based on application, the North America fish protein hydrolysate market for animal feed application is segmented into poultry, ruminant, swine, aquaculture, pets, and others. Poultry segment is divided into layers, broilers, and others. Aquaculture is segmented into salmon, tuna, shrimps, and others. Pets segment bifurcated into cats and dogs. The ruminant segment held 38.0% share of North America fish protein hydrolysate market for animal feed in 2023, amassing US$ 23,705.23 million. It is projected to garner US$ 32,298.65 million by 2030 to expand at 4.5% CAGR during 2023–2030.

Based on country, the North America fish protein hydrolysate market for animal feed application is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 71.1% share of North America fish protein hydrolysate market for animal feed in 2023. It was assessed at US$ 44,360.10 million in 2023 and is likely to hit US$ 60,352.26 million by 2030, exhibiting a CAGR of 4.5% during 2023–2030.

Key players operating in the North America fish protein hydrolysate market for animal feed application are Bio-marine Ingredients Ireland Ltd, Janatha Fish Meal & Oil Products, Kemin Industries Inc, and Symrise AG, among others.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 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:
4. South & Central America Frozen Waffles Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 The threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing
4.4.3 Packaging
5. South & Central America Frozen Waffles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Demand for Frozen and Convenience Food Worldwide
5.1.2 Rising Trend of In-Home Consumption
5.2 Market Restraints
5.2.1 Growing Awareness and Preference for Healthy Food
5.3 Market Opportunities
5.3.1 Product Innovation
5.4 Future Trends
5.4.1 Rising Growth of E-commerce
5.5 Impact Analysis of Drivers and Restraints
6. Frozen Waffles –South & Central America Market Analysis
6.1 South & Central America Frozen Waffles Market –Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Frozen Waffles Market Analysis – By Type
7.1 Overview
7.2 South & Central America Frozen Waffles Market, By Type (2022 and 2030)
7.3 Flavored
7.3.1 Overview
7.3.2 Flavored: South & Central America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Unflavored/Plain
7.4.1 Overview
7.4.2 Unflavored/Plain: South & Central America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Frozen Waffles Market Analysis – By Category
8.1 Overview
8.2 South & Central America Frozen Waffles Market, By Category (2022 and 2030)
8.3 Gluten-free
8.3.1 Overview
8.3.2 Gluten-free: South & Central America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: South & Central America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
9. Frozen Waffles Market Analysis – By Distribution Channel
9.1 Overview
9.2 South & Central America Frozen Waffles Market, By Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: South & Central America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: South & Central America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: South & Central America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
10. Frozen Waffles Market – Country Analysis
10.1 Overview: South and Central America Frozen Waffles Market
10.1.1 South and Central America Frozen Waffles Market, by Key Countries – Revenue (2022) (US$ Million)
10.1.2 South and Central America Frozen Waffles Market Breakdown by Key Countries
10.1.2.1 Brazil: Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.2.1.1 Brazil: Frozen Waffles Market Breakdown by Type
10.1.2.1.2 Brazil: Frozen Waffles Market Breakdown by Category
10.1.2.1.3 Brazil: Frozen Waffles Market Breakdown by Distribution Channel
10.1.2.2 Argentina: Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.2.2.1 Argentina: Frozen Waffles Market Breakdown by Type
10.1.2.2.2 Argentina: Frozen Waffles Market Breakdown by Category
10.1.2.2.3 Argentina: Frozen Waffles Market Breakdown by Distribution Channel
10.1.2.3 Rest of South and Central America Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.2.3.1 Rest of South and Central America Frozen Waffles Market Breakdown by Type
10.1.2.3.2 Rest of South and Central America Frozen Waffles Market Breakdown by Category
10.1.2.3.3 Rest of South and Central America Frozen Waffles Market Breakdown by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 New Product Development
12. Company Profiles
12.1 DELY Wafels SRL
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 Avieta SA
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 Kellogg Co
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 Dr Schar AG
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
13. Appendix
13.1 About
13.2 Word Index

LIST OF TABLES

Table 1. Figure: Protein Content in Fish Waste Types:
Table 2. North America Fish Protein Hydrolysate Market for Animal Feed Application –Revenue and Forecast to 2030 (US$ Thousand)
Table 3. US: North America Fish Protein Hydrolysate Market for Animal Feed Application, by Form– Revenue and Forecast to 2030 (US$ Thousand)
Table 4. US: North America Fish Protein Hydrolysate Market for Animal Feed Application, by Application– Revenue and Forecast to 2030 (US$ Thousand)
Table 5. Canada: North America Fish Protein Hydrolysate Market for Animal Feed Application, By Form – Revenue and Forecast to 2030 (US$ Thousand)
Table 6. Canada: North America Fish Protein Hydrolysate Market for Animal Feed Application, by Application– Revenue and Forecast to 2030 (US$ Thousand)
Table 7. Mexico: North America Fish Protein Hydrolysate Market for Animal Feed Application, By Form – Revenue and Forecast to 2030 (US$ Thousand)
Table 8. Mexico: North America Fish Protein Hydrolysate Market for Animal Feed Application, by Application– Revenue and Forecast to 2030 (US$ Thousand)
Table 9. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Fish Protein Hydrolysate Market for Animal Feed Application Segmentation
Figure 2. North America Fish Protein Hydrolysate Market for Animal Feed Application Segmentation – By Country
Figure 3. North America Fish Protein Hydrolysate Market for Animal Feed Application Overview
Figure 4. Dry Segment Held the Largest Market Share in 2022
Figure 5. The US Held the Largest Market Share in 2022
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: North America Fish Protein Hydrolysate Market for Animal Feed Application
Figure 9. Number of US Households that Own Pets, by Animal Type
Figure 10. North America Fish Protein Hydrolysate Market for Animal Feed Application Impact Analysis of Drivers and Restraints
Figure 11. North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast to 2030 (US$ Thousand)
Figure 12. North America Fish Protein Hydrolysate Market for Animal Feed Application Revenue Share, By Form (2022 and 2030)
Figure 13. Dry: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 14. Liquid: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 15. North America Fish Protein Hydrolysate Market for Animal Feed Application Revenue Share, By Application (2022 and 2030)
Figure 16. Poultry: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 17. Layers: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 18. Broilers: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 19. Others: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 20. Ruminant: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 21. Swine: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 22. Aquaculture: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 23. Salmon: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 24. Tuna: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 25. Shrimps: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 26. Others: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 27. Pets: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 28. Dogs: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 29. Cats: North America Fish Protein Hydrolysate for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 30. Others: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast To 2030 (US$ Thousand)
Figure 31. North America Fish Protein Hydrolysate Market for Animal Feed Application, by Key Country– Revenue (2022) (US$ Thousand)
Figure 32. North America Fish Protein Hydrolysate Market for Animal Feed Application Revenue Share, by Key Country (2022 and 2030)
Figure 33. US: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast to 2030 (US$ Thousand)
Figure 34. Canada: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast to 2030 (US$ Thousand)
Figure 35. Mexico: North America Fish Protein Hydrolysate Market for Animal Feed Application – Revenue and Forecast to 2030 (US$ Thousand)

The List of Companies – North America Fish Protein Hydrolysate Market

– Bio-marine Ingredients Ireland Ltd
– Janatha Fish Meal & Oil Products
– Kemin Industries Inc
– Symrise AG

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