Rising consumption of high-protein foods likely to promulgate the growth of the global fish protein concentrates market – The Food Beverage News
Fish protein concentrate is a high protein ingredient that is extracted from fish meal or fresh fish. It is vital for human consumption and is highly enriched with protein. It is available in powder and liquid form. This protein concentrate finds many applications in the pharmaceutical, food supplements and agrifood sectors. Fish protein, unlike other protein concentrates, provides all of the essential amino acids necessary for the proper functioning of human health.
The upsurge in consumption of high protein food products among consumers is accelerating the growth of the global fish protein concentrates market. In addition, the increased demand for sports nutrition further complements the growth. Growing health awareness among consumers is significantly propelling the demand for seafood and functional foods around the world. The world market consists of a large number of products that provide ready-made diet for building strength. The increasing incidence of serious diseases like diabetes as well as the lack of physical exercise among people all over the world are likely to promulgate the growth in demand for fish protein concentrates worldwide. Fish protein is also expected to become a preferred option due to the flavor of fish protein concentrates. However, such increasing demand for fish protein among consumers is likely to create several lucrative growth opportunities in the market.
The global fish protein concentrates market can be segmented into end user, shape, type, and region.
By end user, the market can be segmented into biomedical applications, animal feed, cosmetics and personal care, food processing, and others. The cosmetics and personal care segment accounts for the largest share of the global market due to the fact that the remaining fish skin is a very good source of collagen and gelatin.
By form, the market can be segmented into liquid and powder. The powdered segment holds the largest share of the global fish protein concentrates market due to the high demand for powdered dietary supplements among fitness enthusiasts all over the world.
By type, the market can be segmented into Type C, Type B, and Type A.
North America accounts for the largest share of global fish protein concentrates market due to the growing trend for the consumption of protein dietary supplements among the inhabitants of the region. Moreover, the increasing focus on sports nutrition among athletes and sports enthusiasts is likely to further propel the growth of the regional market in the years to come.
Asia-Pacific is expected to experience constant growth rate during the forecast period due to the high seafood consumption in the region.
Some of the major players in the global fish protein concentrates market are Mukka Seafood Industries Limited, Shenzhen Taier Biotechnology Co. Ltd., Scanbio Marine Group AS, New Alliance Dye Chem Pvt. Ltd., Janatha Fish Meal & Oil Products, Colpex International Inc., Bio-Oregon Protein, Bevenovo Co. Ltd., and Apelsa Guadalajara SA de CV To quote, Amway and Herbalife in 2017 introduced omega 3 fatty acids DHA and EPA , a concentrated food supplement of fish proteins. It is considered to be of great benefit for joint pain, work of the mind, and heart wellness.
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