Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Fish Powder Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Fish Powder Industry in 2024 and 2025?
The market size for fish powder has increased significantly in recent years. The market was valued at $8.82 billion in 2024 and is predicted to reach $9.4 billion in 2025. This represents a compound annual growth rate (CAGR) of 6.5%.
What Is the Projected Market Size of the Fish Powder Market in 2029?
The fish powder global market is projected to reach $12.11 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%.
Download the Free Sample Now:
What Are the Key Drivers of Fish Powder Market Growth?
The key drivers in the fish powder market are:
• Increasing adoption of fish powder as a flavor enhancer and a natural umami ingredient
• Emphasis on waste reduction and better utilization of fish by-products
• Growing necessity for omega-3 fatty acids and other essential micronutrients in human diets
• Expansion of fish powder usage in the cosmetic and personal care product industry.
What Are the Primary Segmentation Categories in the Fish Powder Market?
The fish powdermarket covered in this report is segmented –
1) By Source: Whole Fish, By-Product
2) By Type: Steam Dried (SD) Fish Powder, Flame Dried (FD) Fish Powder
3) By Distribution Channel: B2B, B2C
4) By Application: Swine, Poultry, Aquaculture, Other Applications
5) By End-User: Food And Beverages, Sports Nutrition and Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals, Animal Feed, Fertilizer
Explore the Complete Market Report:
What Are the Major Trends Shaping the Fish Powder Market in 2025 and Beyond?
The key trends in the fish powder market are:
• There is a growing trend of incorporating fish powder as a flavor enhancer and natural umami ingredient.
• Utilization of fish by-products for waste reduction is an emerging trend.
• The fortification of food and beverages, and expansion in cosmetics and personal care products mark important trends.
• Technological advancements like microencapsulation, clean label and natural processing, along with innovative packaging solutions are shaping the market.
Who Are the Emerging Players in the Fish Powder Market?
Major players in the fish powder market are:
• Austevoll Seafood ASA
• Omega Protein Corporation
• Daybrook Fisheries Inc.
• Cermaq Group AS
• Kodiak Fishmeal Company
• Pesquera Exalmar SAA
• Nissui Corporation
• Pesquera Hayduk S.A.
• Oceana Group Limited
• Dalian Longyuan Fish Meal Co. Ltd.
• Marvesa Holding N.V.
• Tecnológica de Alimentos S.A.
• Croda International plc
• Sursan Su Urunleri AS
• Alaska Seafood International LLC
• Pelagia AS
• Scanbio Marine Group AS
• Pioneer Fishing Pty Ltd.
• Sardina D.O.O.
• Novofood SA
• Qingdao Future Group
• Havsbrún
• Norebo Holding AS
• TripleNine Group A/S
• United European Seafood Traders PTE LTD.
• Balticovo AS
• Scoular Company
• GC Rieber Oil AS
• Austral Group SAA
• FF Skagen A/S
• GC Rieber Oils AS
Which Regions Are Leading the Growth in the Global Fish Powder Market?
Asia-Pacific was the largest region in the fish powder market in 2024
