Fish Protein Hydrolysate Market Size, Share, and Industry Analysis, By Source (Salmon, Tuna, Codfish, Tilapia, Sardine, and Others), By Form (Powder and Liquid), By Application (Food & Beverage, Pharmaceuticals, Animal Feed, Agriculture, and Personal Care & Cosmetics), and Regional Forecast 2024-2032

Fish protein hydrolysates (FPH) are referred to as breakdown products, obtained from fish proteins consisting of peptides and amino acids. This component is mainly extracted from the treatment of fish meal or its residues with chymotrypsin, trypsin, and other enzymes under controlled temperatures. These hydrolysates are available in various forms and contain around 81% to 93% protein, 1% to 8% moisture, and less than 5% fat. Predominantly, fish hydrolysates are produced either by utilizing lean fishes or processed waste residues, which provide a myriad of essential micronutrients such as omega-3 fatty acids, minerals (zinc, calcium, phosphorus), amino acids, and vitamins (A, D, and B). In today’s time, where a mass of the population is suffering from varied deficiencies, fish protein is considered one of the sources of human nutrition. It is predicted to contribute strongly toward balancing the global food supply chain.

Fish protein hydrolysate offers numerous valuable characteristics, making it ideal for its applicability in several sectors, such as pharmaceuticals, food processing, biotechnology, agriculture, and animal supplementation. Amongst all, the aquaculture sector is highly dependent on fish species for their source of protein. As per the research, the fish processing industry produces nearly 80% of byproducts as waste, which includes viscera, roes, head, and skin. This end byproduct consists of a strong amount of protein-rich material, which is further processed into aqua feed. Apart from feed, FPH is also used as an emulsifier, binding and foaming agent in the food processing industry and also used for producing pharma-grade health supplements. Also, it is widely used in agricultural fields for improving microbial activity in the soil and minimizes the need for synthetic fertilizers. Thus, such multipurpose use of FPH makes it an ideal choice for several end-use applications.

Key Insights

The report covers the following key insights:

• Overview of the Parent/Related Market


• Supply Chain and Regulatory Analysis


• Drivers, Restraints, and Opportunities


• Impact of COVID-19 on the Global Fish Protein Hydrolysate Market


• Recent Key Industry Developments

FISH PROTEIN HYDROLYSATE MARKET SEGMENTATION ANALYSIS

Analysis by Source

Based on source, the market is distributed into salmon, tuna, codfish, tilapia, sardine, and others. Among all, the tuna segment is expected to lead in the global fish protein hydrolysate market. Tuna is recognized as a nomadic species and is easily found throughout the oceans globally. Tuna-based fish protein hydrolysate is mainly known for its high profile of amino acids and proteins, which makes it one of the preferred products in daily diets. Also, the augmented production of tuna across the world is another factor that contributes to the demand for tuna-based hydrolysates. According to the International Seafood Sustainability Foundation, a non-profit organization in the U.S., the catch of commercial tuna reached 5.3 million tonnes. Out of all, 60% was held by skipjack tuna, followed by bigeye tuna (7%), yellowfin (28%), Bluefin (1%) and albacore (4%). Thus, the factors mentioned above help contribute to the segment’s growth.

Salmon protein hydrolysate is expected to grow at a significant rate in the future, primarily due to its taste, high nutritional value, and versatile nature.

Analysis by Form

Based on form, the market is distributed into powder and liquids. Among all, the powder segment is projected to hold the first position in the market owing to its easy application in various products. Powdered fish hydrolysates offer several advantages such as high shelf life, ease of storing as well as smooth incorporation into food formulations. Also, as compared to liquid hydrolysates, powders can easily withstand high pressure and temperatures while processing. In addition, the rising use of powdered fish protein hydrolysates in the development of protein powders and other pharmaceutical-grade supplements is expected to drive the market positively.

Analysis by Application

On the basis of application, the global fish protein hydrolysate market is segmented into food & beverage, pharmaceuticals, animal feed, agriculture, and personal care & cosmetics. Out of all, animal feed is likely to emerge as the dominating segment in the global fish protein hydrolysate market. Fish protein hydrolysates consist of several amino acids and bioactive peptides, which have been shown to provide animal feed supplementation benefits. In terms of feed requirements, aquaculture is one of the biggest consumers of protein-rich diets and is highly reliant on meals that are infused with proteins. Also, with respect to sustainability concerns, fish-protein hydrolysates are increasingly preferred as they are obtained from byproducts and other marine processing operations.

The food & beverages segment is counted as the fastest-growing segment, owing to its utilization in manufacturing sports supplements and functional food products for improved growth performance.

Regional Analysis

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On the basis of geographical region, the market is distributed into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Out of all, North America is expected to secure the foremost position in the fish protein hydrolysate market globally. Consumers in countries such as the U.S. and Canada are moving toward a well-balanced lifestyle and are looking for protein supplements that provide a myriad of health benefits. Coupled with this, the increasing requirements for sports fitness items and also the pet humanization trend drive the need for fish protein hydrolysate enriched products.

Asia Pacific accounts for the second place in the market and is expected to experience a high CAGR in the coming years. The intensified demand for animal-sourced proteins and the growing use of hydrolysates in food processing industries offer growth opportunities in the forecast period.

Key Players Covered

• Sopropeche, Symrise


• Copalis Sea Solutions


• Shenzhen Taier


• Bio-Marine Ingredients Ireland


• Kemin Industries, Inc.


• Neptune’s Harvest


• E.F.S – Holland


• SAMPI


• White Swan Pharmaceutical.

Key Industry Developments

• In March 2021, Garden of Life, a Nestle-owned brand (a Switzerland-based firm), announced its first purchase of salmon protein hydrolysate manufactured by Hofseth Biocare (H.B.C.), a biotech company in Norway. The product launched was branded as ProGo and is available across the North American market.


• In May 2020, Prinova Europe Limited, one of the biggest suppliers of ingredients, collaborated with Hofseth Biocare (H.B.C.), a biotech company in Norway, to highlight the benefits of salmon protein hydrolysate, ProGo, globally.