US Fishmeal and Fish Oil Market Size, Industry Trends, Share and Forecast 2021-2027
The US fishmeal and fish oil market is estimated to display a rapid CAGR of 8.2% during the forecast period (2021-2027). Fishmeal and fish oil industry growth in the US is attributed to rise in per capita disposable income, which has facilitated higher-margin purchases of fish oil and dietary supplements as well as growing interest in the health benefits of fish oil consumption. The country also has a well-grown rapidly rising aquaculture industry, which is one of the major growth enablers for fishmeal and fish oil market. US has favourable climatic conditions which supports the habitation and growth of aquaculture species. In addition, the positive measures taken by the government further propels the market growth.
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Marine aquaculture in the US supports commercial fisheries, restores
habitat and at-risk species, contributes to seafood supply, and maintains
economic activity in coastal communities. However, the US remains a relatively
minor aquaculture producer. Although a small producer, the US plays a major
role in the North America aquaculture market. Applied aquaculture research and
technology has improved the international competitiveness and sustainability of
US aquaculture and reduced the dependency on imported seafood and threatened
ocean fisheries. The country supplies advanced technology, feed, equipment, and
investment capital to other producers. Moreover, freshwater aquaculture and
onshore saltwater aquaculture are both important and growing US economic
sectors which further boost the market growth of fishmeal and fish oil.
·
Market
number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- by Source and Application
Key questions
addressed by the report
What is the
market growth rate?
Which segment
and region dominates the market in base year?
Which segment
and region will project fastest growth in the market?
How COVID-19
impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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·
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)
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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