Europe Fishmeal and Fish Oil Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The Europe fishmeal and fish oil market is estimated to record a solid CAGR of 4.6% during the forecast period (2021-2027). Robust production base for fish oil and increasing demand for fishmeal and fish oil from different sectors are driving the growth of the Europe fishmeal and fish oil market. According to University of Parma, aquaculture and capture production will increase, fish demand will outpace both by 84% in the EU, by 2030. Also, aquaculture in EU will need more investment and technologies to alleviate pressure on capture production without hampering agriculture.
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Further, the aquaculture industry in Europe is on a substantial rise.
European continent comprises of several developed economies such as Germany,
France, UK, and Italy, among others. Aquaculture sector play an integral role
in many European countries such as Spain, France, Italy, and the UK, among
others. Although the aquaculture as a natural resource-based sector has been
recognized within the European Union (EU), however, there is need to strengthen
aquaculture policy in countries where aquaculture is not yet considered as an
equal-right user of resources. Products of aquaculture play an important role
in the European food supply. Most of the European aquaculture products have
been perceived as a high-quality or premium food. Several media contributors in
the European countries have put forward the phrase aquatic chicken to describe
farmed salmon. Moreover, changing food habits among the consumers and huge
demand for seafood in countries like France, the United Kingdom, and Italy
provides a lucrative opportunity for the aquaculture market in Europe. Thus,
growing aquaculture industry in Europe is expected to bring substantial growth
for the fishmeal and fish oil market.
·
Market
number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- by Source and Application
·
Countries
Covered- UK, Germany, France, Italy, Spain, Denmark, and Rest of Europe
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Europe Fishmeal and Fish Oil Market Report Segment
By Type
·
Salmon
& Trout
·
Crustaceans
·
Marine
Fish
·
Carps
·
Others
(Tilapias, Eels, Crabs, and Lobsters)
By
Application
·
Swine
·
Poultry
·
Cattle
·
Aquaculture
·
Pets
·
Others
(Equine and Other Marine Species)
Europe
Fishmeal and Fish Oil Market Report Segment
·
UK
·
Germany
·
France
·
Italy
·
Spain
·
Denmark
Rest of
Europe
Company
Profiles
·
BASF SE
·
Croda
International PLC
·
FF
Skagen
·
GC
Rieber Oils
·
Oceana
Group Ltd.
·
Omega
Protein Corp.
·
Pelagia
·
Royal
DSM
·
Sürsan
A.?
·
The
Scoular Co.
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