The Europe fish protein hydrolysate market is accounted to US 120.9 Mn in 2018 and is expected to grow at a CAGR of 5.4% during the forecast period 2019 – 2027, to account to US$ 193.0 Mn by 2027.
Fish protein hydrolysate is defined as a blend of degraded proteins which are extracted by the protein hydrolysis of fish material or fish. It is a bioactive compound that is produced by decomposing the minced fish together with enzymes and involves breaking down proteins into smaller peptides and amino acids. Fish protein hydrolysate is generally produced through enzymatic hydrolysis technique. The process of enzymatic hydrolysis requires the use of expensive enzymes such as chymotrypsin, pepsin, alcalase, and trypsin, which increases the cost of production. The manufacture of dried fish protein hydrolysate involves the removal of moisture content is complex and results in substantial energy requirements, which boosts the cost further.
Europe Fish Protein Hydrolysate Market
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Market Insights
The growing awareness about the benefits of fish protein is anticipated to influence the fish protein hydrolysate market at greater extent. Countries such as the Germany, France, and UK are playing a key role in manufacturing fish protein hydrolysate and holds maximum market share in the manufacturing sector. Increasing disposable income of the consumers is also expected to prevail the market growth over the forecast period, as consumers are seeking for more appropriate protein enriched products, thereby shifting manufacturers portfolio and ingredient choices.
Technology Insights
The Europe fish protein hydrolysate market is segmented based of technology as acid hydrolysis, autolytic hydrolysis, and enzymatic hydrolysis. The enzymatic hydrolysis segment holds the largest share in the Europe fish protein hydrolysate market. The enzymatic hydrolysis process is the best way to hydrolyze fish byproduct, especially fish skin, without losing its nutritional importance. It is especially a preferred method in the pharmaceutical and food industries as it does not leave residual toxic chemicals or organic solvents in the solution including products. Stages involved in enzymatic hydrolysis start with the choice of a right enzyme, followed by preparation of substrate, measuring the rate of enzymatic reaction, homogenization of working solution and warming to deactivate endogenous enzymes, termination of the enzymatic reaction, and hydrolysis of fish protein. Commercial enzymes such as trypsin, alcalase, pepsin, pancreatin, papain, and thermolysin are engaged in the enzymatic hydrolysis.
Form Insights
The Europe fish protein hydrolysate market is segmented on the basis of form as powder and liquid. The powder segment holds the largest share in the Europe fish protein hydrolysate market. Demand for fish protein hydrolysate in power form is higher than liquid form owing to a longer shelf-life, and ease of transportation and storage. Fortification of fish protein hydrolysates is also carried out for uses in human consumption products.
Source Insights
Europe fish protein hydrolysate market is segmented based on source as tuna, sardine, Atlantic salmon, crustacean, and others. Tuna is a saltwater fish that belongs to the Mackerel family. It is commonly sold as canned fresh fish in brine, water, and edible oils, as well as in various sauces. They have unique pink to dark red flesh, and their meat has a rich flavor and flaky texture with high oil content. It has a unique taste, versatility, and texture, which has made tuna fish popular around the world. They have a high vitamin D and fatty acid content, with a decent low fat protein content. According to research, consuming tuna fish with a relatively higher natural fat content can help minimize the amount of mercury intake, compared to consuming tuna with low fat content.
Application Insights
Europe fish protein hydrolysate is segmented on the basis of application as animal feed, pet food, pharmaceuticals, cosmetics, and others. The animal feed segment was accounted to hold the largest share in the Europe fish protein hydrolysate market. The emergence of transferrable diseases in livestock such as beef, cattle, and cows has led to an upsurge in the incorporation of supplementary additives in feed for enhancing immune response, feed use, and improve valuable microflora thereby developing pathogen resistance should drive animal feed additives market. Demand for animal feed for increasing animal growth performance and improve protein content to boost the market growth in this segment.
Rest of Europe Fish Protein Hydrolysate Market by Application
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
EUROPE FISH PROTEIN HYDROLYSATE MARKET SEGMENTATION
Europe Fish Protein Hydrolysate Market – By Technology
- Acid Hydrolysis
- Autolytic Hydrolysis
- Enzymatic Hydrolysis
Europe Fish Protein Hydrolysate Market – By Form
- Powder
- Liquid
Europe Fish Protein Hydrolysate Market – By Source
- Tuna
- Sardine
- Atlantic Salmon
- Crustacean
- Others
Europe Fish Protein Hydrolysate Market – By Application
- Animal Feed
- Pet Food
- Pharmaceuticals
- Cosmetics
- Others
Company Profiles
- Bio-marine Ingredients Ireland Limited
- Copalis Sea Solutions
- Diana Group
- Hofseth BioCare ASA
- Janatha Fish Meal & Oil Products
- Scanbio Marine Group AS
- SOPROPÊCHE
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, Form, Source, Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Fish Protein Hydrolysate Market – By Technology
1.3.2 Europe Fish Protein Hydrolysate Market – By Form
1.3.3 Europe Fish Protein Hydrolysate Market – By Source
1.3.4 Europe Fish Protein Hydrolysate Market – By Application
1.3.5 Europe Fish protein hydrolysate Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Fish protein hydrolysate Market Landscape
4.1 Market Overview
4.1.1 Europe PEST Analysis
5. Europe Fish protein hydrolysate Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Demand for Fish Protein Hydrolysate in Nutri Cosmeceuticals
5.1.2 Growing Consumer Preference Towards Healthy Diet to Boost Market Growth
5.2 Restraints
5.2.1 Industry association initiatives and logistic issues is hampering the market growth
5.3 Opportunities:
5.3.1 Demand for FPH for Exercise Recovery Aid
5.4 Trends:
5.4.1 FPH Market Is Fuelling With Inorganic Growth
5.5 Impact Analysis
6. Fish protein hydrolysate – Europe Market Analysis
6.1 Europe Fish protein hydrolysate Market Overview
6.2 Europe Fish protein hydrolysate Market Forecast and Analysis
7. Fish Protein Hydrolysate Market – By Technology
7.1 Overview
7.2 Fish Protein Hydrolysate Market Breakdown, by Technology, 2018 and 2027
7.3 Acid Hydrolysis
7.3.1 Overview
7.3.2 Fish Protein Hydrolysate Market for Acid Hydrolysis, Revenue and Forecasts to 2027 (US$ MN)
7.4 Autolytic Hydrolysis
7.4.1 Fish Protein Hydrolysate Market for Autolytic Hydrolysis, Revenue and Forecast to 2027 (US$ MN)
7.5 Enzymatic Hydrolysis
7.5.1 Overview
7.5.2 Fish Protein Hydrolysate Market for Enzymatic Hydrolysis, Revenue and Forecast to 2027 (US$ MN)
8. Europe Fish Protein Hydrolysate Market Analysis – By Form
8.1 Overview
8.2 Europe Fish Protein Hydrolysate Market Breakdown, by Form, 2018 and 2027
8.3 Powder
8.3.1 Overview
8.3.2 Europe Powder Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
8.4 Liquid
8.4.1 Overview
8.4.2 Europe Liquid Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
9. Fish Protein Hydrolysate Market – by Source
9.1 Overview
9.2 Fish Protein Hydrolysate Market Breakdown, by Source, 2018 & 2027
9.3 Tuna
9.3.1 Overview
9.3.2 Tuna Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
9.4 Sardine
9.4.1 Sardine Fish Protein Hydrolysate Market, Revenue Forecast to 2027 (US$ MN)
9.5 Atlantic Salmon
9.5.1 Overview
9.5.2 Atlantic Salmon Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
9.6 Crustacean
9.6.1 Overview
9.6.2 Crustacean Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
9.7 Others
9.7.1 Overview
9.7.2 Other Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
10. Europe Fish Protein Hydrolysate Market Analysis – by Application
10.1 Overview
10.2 Europe Fish Protein Hydrolysate Market Breakdown, by Application, 2018 & 2027
10.3 Animal Feed
10.3.1 Overview
10.3.2 Europe Animal Feed Fish Protein Hydrolysate Market, Revenue and Forecasts to 2027 (US$ MN)
10.4 Pet Food
10.4.1 Europe Pet Food Fish Protein Hydrolysate Market, Revenue Forecast to 2027 (US$ MN)
10.5 Pharmaceuticals
10.5.1 Overview
10.5.2 Europe Pharmaceuticals Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
10.6 Cosmetics
10.6.1 Overview
10.6.2 Europe Cosmetics Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
10.7 Others
10.7.1 Overview
10.7.2 Europe Others Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
11. Fish protein hydrolysate Market – Country Analysis
11.1 Overview
11.1.1 Europe Fish protein hydrolysate Market Breakdown, by Key Countries
11.1.1.1 Germany Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.2 France Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.3 Italy Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.4 United Kingdom Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.5 Russia Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.6 Rest of Europe Fish Protein Hydrolysate Market Revenue and Forecast to 2027 (US$ MN)
12. Company Profiles
12.1 Bio-marine Ingredients Ireland Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Copalis Sea Solutions
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Diana Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hofseth BioCare ASA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Janatha Fish Meal & Oil Products
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Scanbio Marine Group AS
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SOPROPÊCHE
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Fish protein hydrolysate Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Germany: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 3. Germany: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 4. Germany: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 5. Germany: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 6. France: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 7. France: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 8. France: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 9. France: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 10. Italy: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 11. Italy: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 12. Italy: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 13. Italy: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 14. UK: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 15. UK: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 16. UK: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 17. UK: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 18. Russia: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 19. Russia: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 20. Russia: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 21. Russia: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 22. Rest of Europe: Fish Protein Hydrolysate Market, by Technology, 2017–2027 (USD Million)
Table 23. Rest of Europe: Fish Protein Hydrolysate Market, by Form, 2017–2027 (USD Million)
Table 24. Rest of Europe: Fish Protein Hydrolysate Market, by Source, 2017–2027 (USD Million)
Table 25. Rest of Europe: Fish Protein Hydrolysate Market, by Application, 2017–2027 (USD Million)
Table 26. Glossary of Terms, Europe Fish protein hydrolysates Market
LIST OF FIGURES
Figure 1. Europe Fish Protein Hydrolysate Market Segmentations
Figure 2. Europe Fish Protein Hydrolysate Market Segmentation – By Country
Figure 3. Europe Fish Protein Hydrolysate Market Overview
Figure 4. Enzymatic Hydrolysis Held Largest Share in The Europe Fish Protein Hydrolysate Market by Technology
Figure 5. U.K. Dominated The Europe Fish protein hydrolysate Market in 2018
Figure 6. Europe Fish Protein Hydrolysate Market, Industry Landscape
Figure 7. Europe – Pest Analysis
Figure 8. Impact Analysis of Drivers and Restraints
Figure 9. Europe Fish protein hydrolysate Market Forecast and Analysis, (US$ Mn)
Figure 10. Fish Protein Hydrolysate Market Breakdown, by Technology, 2018 and 2027 (%)
Figure 11. Fish Protein Hydrolysate Market for Acid Hydrolysis, Revenue and Forecast, 2017–2027 (US$ MN)
Figure 12. Fish Protein Hydrolysate Market for Autolytic Hydrolysis, Revenue and Forecast to 2027 (US$ MN)
Figure 13. Fish Protein Hydrolysate Market for Enzymatic Hydrolysis, Revenue and Forecast to 2027 (US$ MN)
Figure 14. Europe Fish Protein Hydrolysate Market Breakdown by Form, 2018 and 2027 (%)
Figure 15. Europe Powder Fish Protein Hydrolysate Market, Revenue and Forecast, 2017-2027 (US$ MN)
Figure 16. Europe Liquid Fish Protein Hydrolysate Market, Revenue and Forecasts to 2027 (US$ MN)
Figure 17. Fish Protein Hydrolysate Market Breakdown, by Source, 2018 & 2027 (%)
Figure 18. Tuna Fish Protein Hydrolysate Market, Revenue and Forecast, 2017–2027 (US$ MN)
Figure 19. Sardine Fish Protein Hydrolysate Market, Revenue Forecast to 2027 (US$ MN)
Figure 20. Atlantic Salmon Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
Figure 21. Crustacean Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
Figure 22. Other Fish Protein Hydrolysate Market, Revenue and Forecast to 2027 (US$ MN)
Figure 23. Europe Fish Protein Hydrolysate Market Breakdown by Application, 2018 & 2027 (%)
Figure 24. Europe Animal Feed Fish Protein Hydrolysate Market, Revenue and Forecast, 2017-2027 (US$ MN)
Figure 25. Europe Pet Food Fish Protein Hydrolysate Market, Revenue Forecast to 2027 (US$ MN)
Figure 26. Europe Pharmaceuticals Fish Protein Hydrolysate Market, Revenue and Forecasts to 2027 (US$ MN)
Figure 27. Europe Cosmetics Fish Protein Hydrolysate Market, Revenue and Forecasts to 2027 (US$ MN)
Figure 28. Europe Others Fish Protein Hydrolysate Market, Revenue and Forecasts to 2027 (US$ MN)
Figure 29. Europe Fish protein hydrolysate Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 30. Germany Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
Figure 31. France Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
Figure 32. Italy Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
Figure 33. United Kingdom Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
Figure 34. Russia Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
Figure 35. Rest of Europe Fish Protein Hydrolysate Market Forecasts To 2027 (US$ Mn)
The List of Companies - Europe Fish Protein Hydrolysate Market
- Bio-marine Ingredients Ireland Limited
- Copalis Sea Solutions
- Diana Group
- Hofseth BioCare ASA
- Janatha Fish Meal & Oil Products
- Scanbio Marine Group AS
- SOPROPÊCHE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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