North America Fish Protein Hydrolysate Market Revenue to cross US$ 261.6 Million by 2031

According to The Insight Partners' research, the North America Fish Protein Hydrolysate Market was valued at US$ 184.2 Million in 2024 and is expected to reach US$ 261.6 Million by 2031, registering a CAGR of 5.2% from 2025 to 2031.

Rising pet humanization and the growth of aquaculture industry are the critical factors attributed to drive the North America fish protein hydrolysate market.

Pet humanization is on the rise globally, fueled by a growing pet-loving culture and increased media attention on celebrities with their pets. The population of dogs, cats, birds, and other pet animals is rising. The increase in pet adoption can be attributed to several factors, including an aging population and lonely individuals who seek companionship through pets. Research shows that pets positively impact children by helping to alleviate loneliness and depression. They also assist in the development of motor skills through activities such as feeding and grooming. Furthermore, pets encourage outdoor activities, such as taking regular walks, and promote emotional development by teaching children the responsibilities associated with caring for animals. According to the 2023-2024 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 66% of the US population (i.e., approximately 86.9 million US households) own one or more pets, mainly dogs and cats.

On the contrary, challenges related to supply chain hamper the North America Fish Protein Hydrolysate Market

North America Fish Protein Hydrolysate Market Segmentation Analysis:

• By Purity, the North America Fish Protein Hydrolysate Market is segmented into FPH 80 Percent, FPH 90 Percent, FPH 95 Percent, and Others. The Others segment is projected to expand at 4.5% CAGR during 2025 - 2031.
• By Form, the North America Fish Protein Hydrolysate Market is segmented into Dry and Liquid. The Dry segment is projected to expand at 5.4% CAGR during 2025 - 2031.
• By Application, the North America Fish Protein Hydrolysate Market is segmented into Animal Nutrition, Poultry, Aquaculture, Ruminants, Swine, Pet Food, Others, Pharmaceuticals and Nutraceuticals, Food and Beverages, Personal Care, and Agriculture. The Animal Nutrition segment is projected to expand at 4.6% CAGR during 2025 - 2031.

By country, the North America Fish Protein Hydrolysate Market is categorized into the United States, Canada and Mexico. The United States is projected to expand at 5.2% CAGR during 2025 - 2031.

Key players operating in the Fish Protein Hydrolysate Market are Janatha Fish Meal & Oil Products, SAMPI, Kemin Industries Inc, Bio-marine Ingredients Ireland Ltd, Copalis Industry SAS, Symrise AG, E.F.S.-Holland B.V., White Swan Pharmaceutical, New Alliance Dye Chem Pvt Ltd, Nizona Marine Products Pvt Ltd, among others.