Fish Powder Market Report 2026

Fish Powder Market Overview

• Fish Powder market size has reached to $9.4 billion in 2025 • Expected to grow to $12.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.6% • Growth Driver: The Growth Of The Aquaculture Is Anticipated To Fuel Fish Powder Market • Market Trend: Sustainable Feeding To Provide Nutritious Feed • Asia-Pacific was the largest region in 2025 and Europe is the fastest growing region.

What Is Covered Under Fish Powder Market?

Fish powder refers to the finely ground powder formed from cooked fish flesh. Fish powder prepared from leftover fish can be used to supplement staple foods including maize and cassava, increasing micronutrient concentrations in the meal. The main types of fish powders are steam-dried and flame-dried fish powders. Flame-dried fish meal is produced using the shortest rotary dryer, known as a direct hot air dryer or flame dryer, which is employed in the manufacturing of about 75% of the world's fish meal. The different sources include whole fish and by-products and are used in swine, poultry, aquaculture, and other applications. The end-users include food and beverages, sports nutrition and dietary supplements, cosmetics and personal care, pharmaceuticals, animal feed, and others, and are distributed through business-to-business (B2B) and business-to-customer (B2C) sales channels.

What Is The Fish Powder Market Growth Forecast?

The fish powder market size is expected to see strong growth in the next few years. It will grow to $12.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing demand for micronutrient-enriched foods, rising focus on sustainable protein sources, expansion of functional food applications, growing investments in food processing infrastructure, increasing regulatory support for nutrition fortification. Major trends in the forecast period include increasing utilization of fish by-products for powder production, rising demand for high-protein food supplements, growing adoption of nutrient fortification in staple foods, expansion of low-odor fish powder processing techniques, enhanced focus on food safety and quality standards.

Global Fish Powder Market Segmentation

1) By Type: Steam Dried (SD) Fish Powder, Flame Dried (FD) Fish Powder 2) By Distribution Channel: B2B, B2C 3) By Application: Swine, Poultry, Aquaculture, Other Applications 4) By End-User: Food And Beverages, Sports Nutrition and Dietary Supplements, Animal Feed Subsegments: 1) By Steam Dried (SD) Fish Powder: High-Protein Steam Dried Powder, Low-Odor Steam Dried Powder 2) By Flame Dried (FD) Fish Powder: Traditional Flame Dried Powder, High-Temperature Flame Dried Powder

What Is The Driver Of The Fish Powder Market?

The growth of aquaculture is expected to propel the fish powder market going forward. Aquaculture is cultivating, breeding, and harvesting aquatic organisms in controlled environments in ocean enclosures. Fish powder is used in aquaculture as a valuable protein-rich feed ingredient to promote growth and provide essential nutrients to cultured aquatic organisms. For instance, in December 2024, according to United States Department of Agriculture, US-based government agency reported that, in 2023, there were 3,453 aquaculture farms and total sales of aquaculture products was $1.9 billion. Further, Catfish sales, valued at $480.0 million, accounted for 59% of all food fish sales in 2023. Therefore, the growth in aquaculture is driving the market of fish powder.

What Is The Driver Of The Fish Powder Market?

The growth of aquaculture is expected to propel the fish powder market going forward. Aquaculture is cultivating, breeding, and harvesting aquatic organisms in controlled environments in ocean enclosures. Fish powder is used in aquaculture as a valuable protein-rich feed ingredient to promote growth and provide essential nutrients to cultured aquatic organisms. For instance, in December 2024, according to United States Department of Agriculture, US-based government agency reported that, in 2023, there were 3,453 aquaculture farms and total sales of aquaculture products was $1.9 billion. Further, Catfish sales, valued at $480.0 million, accounted for 59% of all food fish sales in 2023. Therefore, the growth in aquaculture is driving the market of fish powder.

Global Fish Powder Market Trends and Insights

Major companies operating in the fish powder market are launching sustainable feeding such as NaturAlgae to provide a sustainable and nutritious feed ingredient for the aquaculture sector. NaturAlgae is a lightweight fire-resistant material with a density of 1.28 g/cm^3. For instance, in April 2023, MiAlgae., a UK-based new-age microalgal production company provider, launched NaturAlgae, an omega-3 powder that can be used as a nutritious feed ingredient. It is a dry powder with a high concentration of DHA and other oils that can be added to recipes for aquafeeds, providing the well-known health benefits that omega-3 provides. With its innovative manufacturing process, the company aims to reduce global reliance on wild-caught fish, the traditional source of omega-3. an omega-3-rich powder suitable for aquafeed. Utilizing innovative biotechnology, the company repurposes by-products from the Scotch whisky industry to cultivate omega-3-enriched microalgae, presenting an alternative to traditional omega-3 sources from wild fish. This move also supports sustainability, potentially saving significant CO2 emissions, recycling millions of liters of water, and conserving fish stocks.

What Are Latest Mergers And Acquisitions In The Fish Powder Market?

In May 2023, Scoular, a US-based agribusiness firm, acquired a frozen fish processing facility from Northwest Farm Food Cooperative for an undisclosed amount. Scoular acquired the frozen fish processing facility to support and expand its pet nutrition business. The newly acquired facility will allow Scoular to offer pet food manufacturers high-quality, sustainable fish ingredients, broadening their product offerings. Northwest Farm Food Cooperative facility repurposes fish trimmings, converting them into frozen fish ingredients suitable for pet food and treat processors.

Regional Outlook

Asia-Pacific was the largest region in the fish powder market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

What Defines the Fish Powder Market?

The fish powder market consists of sales of fish protein concentrate, fish albumin, glue, gelatin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Fish Powder Market Report 2026?

The fish powder market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the fish powder industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.