The Asia Pacific fish protein isolates market is expected to grow from US$ 284.14 million in 2022 to US$ 403.89 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
The increased awareness among millennials regarding personal health and fitness and physical appearances, especially after the onset of the COVID-19 pandemic, boosted the demand for dietary supplements, such as health-boosting vitamins, minerals, and proteins. Due to the hectic work schedules and changing lifestyles of millennials, their dependence on dietary supplements to fulfill their nutrient requirements has increased. Owing to the growing number of fitness centers, health clubs, and gymnasiums, the demand for dietary supplements is increasing among health-conscious millennials. Fish protein isolates are primarily used in supplements as they contain low-fat, high-quality proteins; omega-3 fatty acids; and vitamins such as D and B2. It is also rich in calcium and phosphorus and is a good source of minerals such as iron, zinc, iodine, magnesium, and potassium. Therefore, the surge in demand for dietary supplements, such as fish protein isolates, among millennials is expected to propel the Asia Pacific fish protein isolate market. Furthermore, millennials are better educated and more health-conscious than previous generations. Additionally, social media intensifies their desire to appear healthy, vibrant, and have fun. This factor is further surging the demand for dietary supplements among millennials, which is positively affecting the Asia Pacific fish protein isolates market . Moreover, fish protein dietary supplements are cheaper and more affordable for millennials. Also, increasing acceptance of sports as a career is expected to increase the demand for sports nutrition, which benefits the market for dietary supplements. All these factors are contributing to the Asia Pacific fish protein isolates market growth.
Advance International, Inc; Bio-marine Ingredients Ireland Ltd; Biomega Group AS; Copalis Industry SAS; Hofseth BioCare ASA; PeterLabs Holdings Sdn Bhd; and Sopropeche SA are the leading companies operating in the Asia Pacific fish protein isolates market.
Popularity of Dietary Supplements among Millennials will be driving the Asia Pacific Fish Protein Isolates Market
The increased awareness among millennials regarding personal health and fitness and physical appearances, especially after the onset of the COVID-19 pandemic, boosted the demand for dietary supplements, such as health-boosting vitamins, minerals, and proteins. Due to the hectic work schedules and changing lifestyles of millennials, their dependence on dietary supplements to fulfill their nutrient requirements has increased. Owing to the growing number of fitness centers, health clubs, and gymnasiums, the demand for dietary supplements is increasing among health-conscious millennials. Fish protein isolates are primarily used in supplements as they contain low-fat, high-quality proteins; omega-3 fatty acids; and vitamins such as D and B2. It is also rich in calcium and phosphorus and is a good source of minerals such as iron, zinc, iodine, magnesium, and potassium. Therefore, the surge in demand for dietary supplements, such as fish protein isolates, among millennials is expected to propel the Asia Pacific fish protein isolate market. Furthermore, millennials are better educated and more health-conscious than previous generations. Additionally, social media intensifies their desire to appear healthy, vibrant, and have fun. This factor is further surging the demand for dietary supplements among millennials, which is positively affecting the Asia Pacific fish protein isolates market . Moreover, fish protein dietary supplements are cheaper and more affordable for millennials. Also, increasing acceptance of sports as a career is expected to increase the demand for sports nutrition, which benefits the market for dietary supplements. All these factors are contributing to the Asia Pacific fish protein isolates market growth.
Asia Pacific Fish Protein Isolates Market Overview
According to Food and Agriculture Organization 2020 report, Asia Pacific is a significant global aquaculture production market. Bangladesh, China, India, Indonesia, Myanmar, the Philippines, the Republic of Korea, Thailand, and Vietnam are among the major aquaculture producers. The markets for nutraceutical products, functional food & beverages, and dietary food supplements have recorded growth in Asia Pacific in the past few years. Consumer awareness regarding antiaging and weight management and other health concerns is rapidly increasing in the region. Thus, the increased consumption of naturally sourced protein, such as fish protein isolate, has encouraged producers to develop fish protein isolate fortified products. The increasing awareness of fish protein isolates amongst consumers and its benefits in end-use industries, such as animal feed, pharmaceutical, nutraceutical, and food industry, is projected to propel the demand for fish protein isolates in the coming years.Asia Pacific Fish Protein Isolates Market Segmentation
The Asia Pacific fish protein isolates market is segmented into form, application, and country.- Based on form, the Asia Pacific fish protein isolates market is bifurcated into powder and liquid. In 2022, the powder segment registered a larger share in the Asia Pacific fish protein isolates market.
- Based on application, the Asia Pacific fish protein isolates market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal nutrition. In 2022, the pharmaceuticals and nutraceuticals registered a largest share in the Asia Pacific fish protein isolates market.
- Based on country, the Asia Pacific fish protein isolates market is segmented into China, Japan, India, Australia, South Korea, the Rest of Asia-Pacific. In 2022, the Rest of Asia Pacific registered the largest share in the Asia Pacific fish protein isolates market.
Advance International, Inc; Bio-marine Ingredients Ireland Ltd; Biomega Group AS; Copalis Industry SAS; Hofseth BioCare ASA; PeterLabs Holdings Sdn Bhd; and Sopropeche SA are the leading companies operating in the Asia Pacific fish protein isolates market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Assumption and Limitation:
4. APAC Fish Protein Isolates Market Overview
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.5 List of Potential Buyers
5. APAC Fish Protein Isolates Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Demand for Protein-rich Food Products
5.1.2 Rising Application of Fish Protein Isolates in Various End-use Industries
5.2 Market Restraints
5.2.1 Rising Vegan Population
5.3 Market Opportunities
5.3.1 Increasing Number of Fisheries
5.4 Future Trends
5.4.1 Popularity of Dietary Supplements among Millennials
5.5 Impact Analysis of Drivers and Restraints
6. Fish Protein Isolates - APAC Market Analysis
6.1 APAC Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)
7. APAC Fish Protein Isolates Market Analysis - By Form
7.1 Overview
7.2 APAC Fish Protein Isolates Market, By Form (2021 and 2028)
7.3 Powder
7.3.1 Overview
7.3.2 Powder: APAC Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Liquid
7.4.1 Overview
7.4.2 Liquid: APAC Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
8. APAC Fish Protein Isolates Market Analysis - By Application
8.1 Overview
8.2 APAC Fish Protein Isolates Market, By Application (2021 and 2028)
8.3 Food & Beverages
8.3.1 Overview
8.3.2 Food & Beverages: APAC Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Pharmaceuticals & Nutraceuticals
8.4.1 Overview
8.4.2 Pharmaceuticals & Nutraceuticals: APAC Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Personal Care
8.5.1 Overview
8.5.2 Personal Care: APAC Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Animal Nutrition
8.6.1 Overview
8.6.2 Animal Nutrition: APAC Fish Protein Isolates Market- Revenue and Forecast to 2028 (US$ Million)
9. APAC Fish Protein Isolates Market - Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Fish Protein Isolate Market, by Key Country
9.1.1.1 China: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: Fish Protein Isolate Market, By Form
9.1.1.1.2 China: Fish Protein Isolate Market, by Application
9.1.1.2 Japan: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Japan: Fish Protein Isolate Market, By Form
9.1.1.2.2 Japan: Fish Protein Isolate Market, by Application
9.1.1.3 India: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Fish Protein Isolate Market, by Form
9.1.1.3.2 India: Fish Protein Isolate Market, by Application
9.1.1.4 Australia: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Australia: Fish Protein Isolate Market, By Form
9.1.1.4.2 Australia: Fish Protein Isolate Market, by Application
9.1.1.5 South Korea: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Fish Protein Isolate Market, By Form
9.1.1.5.2 South Korea: Fish Protein Isolate Market, by Application
9.1.1.6 Rest of Asia Pacific: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Fish Protein Isolate Market, By Form
9.1.1.6.2 Rest of Asia Pacific: Fish Protein Isolate Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Advance International, Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bio-marine Ingredients Ireland Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 PeterLabs Holdings Sdn Bhd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hofseth BioCare ASA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sopropeche SA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Copalis Industry SAS
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Biomega Group AS
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Word Index
Table 1. List of Potential Buyers for Fish Protein Isolates
Table 2. APAC Fish Protein Isolates Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. China Fish Protein Isolate Market, By Form - Revenue and Forecast to 2028 (US$ Million)
Table 4. China Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan Fish Protein Isolate Market, By Form - Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. India Fish Protein Isolate Market, By Form - Revenue and Forecast to 2028 (US$ Million)
Table 8. India Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. Australia Fish Protein Isolate Market, By Form- Revenue and Forecast to 2028 (US$ Million)
Table 10. Australia Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea Fish Protein Isolate Market, By Form - Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Asia Pacific Fish Protein Isolate Market, By Form - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Asia Pacific Fish Protein Isolate Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
Figure 1. APAC Fish Protein Isolates Market Segmentation
Figure 2. APAC Fish Protein Isolates Market Segmentation - By Country
Figure 3. APAC Fish Protein Isolates Market Overview
Figure 4. APAC Fish Protein Isolates Market: By Form
Figure 5. APAC Fish Protein Isolates Market: By Country
Figure 6. APAC Porter's Five Forces Analysis: Fish Protein Isolates Market
Figure 7. Expert Opinion
Figure 8. Ecosystem: APAC Fish Protein Isolates Market
Figure 9. APAC Fish Protein Isolates Market Impact Analysis of Drivers and Restraints
Figure 10. APAC: Fish Protein Isolates Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Fish Protein Isolates Market Revenue Share, By Form (2021 and 2028)
Figure 12. Powder: APAC Fish Protein Isolates Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Liquid: APAC Fish Protein Isolates Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. APAC Fish Protein Isolates Market Revenue Share, By Application (2021 and 2028)
Figure 15. Food & Beverages: APAC Fish Protein Isolates Market- Revenue and Forecast To 2028 (US$ Million)
Figure 16. Pharmaceuticals & Nutraceuticals: APAC Fish Protein Isolates Market- Revenue and Forecast To 2028 (US$ Million)
Figure 17. Personal Care: APAC Fish Protein Isolates Market- Revenue and Forecast To 2028 (US$ Million)
Figure 18. Animal Nutrition: APAC Fish Protein Isolates Market- Revenue and Forecast To 2028 (US$ Million)
Figure 19. Asia Pacific: Fish Protein Isolate Market, by Key Country- Revenue (2021) (US$ Million)
Figure 20. Asia Pacific: Fish Protein Isolate Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. China: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Figure 22. Japan: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Figure 23. India: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Figure 24. Australia: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. South Korea: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Asia Pacific: Fish Protein Isolate Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Advance International, Inc
- Bio-marine Ingredients Ireland Ltd
- Biomega Group AS
- Copalis Industry SAS
- Hofseth BioCare ASA
- PeterLabs Holdings Sdn Bhd
- Sopropeche SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 88 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 284.14 Million |
| Forecasted Market Value ( USD | $ 403.89 Million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 7 |
