Fish Powder - Global Stategic Business Report

The global market for Fish Powder was estimated at US$8.8 Billion in 2024 and is projected to reach US$11.6 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Fish Powder market.

Global Fish Powder Market - Key Trends & Drivers Summarized

Why Is Fish Powder Emerging as a Nutritional Powerhouse Across Diverse Applications?

Fish powder is rapidly gaining momentum as a versatile, protein-rich ingredient in both human and animal nutrition segments due to its dense nutrient profile and long shelf life. Produced from whole fish or fish processing by-products through drying and milling, fish powder contains essential amino acids, omega-3 fatty acids, vitamins, and minerals, making it an attractive option for fortifying food products and formulating nutritionally complete animal feeds. In human nutrition, fish powder is increasingly used in infant foods, soups, sauces, snacks, and meal supplements, particularly in regions battling malnutrition. Its use in food fortification programs has seen strong support from government and non-governmental organizations due to its affordability, bioavailability, and ease of incorporation into daily diets. Simultaneously, the animal feed sector - particularly aquafeed and poultry - relies heavily on fish powder for its digestibility and growth-promoting properties. This dual applicability, combined with rising global demand for sustainable, high-protein ingredients, has positioned fish powder as a critical input in food security and livestock productivity strategies across both developed and emerging markets.

How Are Processing Technologies and Value-Added Innovations Reshaping the Fish Powder Market?

The fish powder market is undergoing significant transformation as innovations in processing technology and product development improve quality, shelf stability, and usability across applications. Advanced drying techniques such as spray drying, vacuum drying, and freeze drying are being used to retain more of the product’s nutritional integrity and reduce oxidation, resulting in powders with higher protein content, better taste profiles, and longer shelf life. Enhanced milling technologies are also enabling finer particle sizes, making fish powder easier to blend into food products without altering texture or mouthfeel. In parallel, companies are investing in flavor-masking, odor-reduction, and encapsulation techniques to improve consumer acceptance, especially in human-grade applications. Functional fish powder variants enriched with specific nutrients such as DHA, EPA, and calcium are being launched to cater to niche health markets, including geriatrics, sports nutrition, and therapeutic supplements. Sustainable sourcing practices and traceable supply chains are further adding value, with certifications for marine stewardship and quality assurance gaining importance among end-users. These technological and value-added advancements are broadening the appeal of fish powder, making it a more competitive and customizable ingredient across diverse industries.

What Sustainability and Market Access Challenges Are Influencing Global Dynamics?

Despite its growing popularity, the fish powder market is closely intertwined with global concerns around marine sustainability, raw material availability, and regulatory compliance. Overfishing, illegal fishing practices, and declining fish stocks pose risks to long-term supply consistency, prompting increased scrutiny of sourcing practices and a push toward using processing waste and non-food grade fish to create value-added by-products. Governments and regulatory bodies are enforcing stricter environmental and hygiene standards for fish powder production, especially for export markets, requiring manufacturers to invest in upgraded facilities and traceability systems. Trade restrictions, tariffs, and health safety protocols can also create barriers for producers in developing economies seeking to tap into global demand. On the consumer side, cultural preferences, dietary restrictions, and concerns over marine pollution (such as heavy metals and microplastics) may limit adoption in certain regions. However, the industry is actively addressing these concerns through sustainability certifications, eco-labeling, and quality testing measures that assure product integrity. As global markets place increasing value on transparency and environmental responsibility, producers who align with these expectations are more likely to gain access to premium segments and long-term export contracts.

What Are the Key Factors Driving Global Demand for Fish Powder Across Applications?

The growth in the fish powder market is driven by several factors related to food and feed industry needs, health and wellness trends, processing innovations, and regional nutritional priorities. In the food sector, the rising demand for clean-label, protein-rich, and micronutrient-dense ingredients is spurring the inclusion of fish powder in health foods, snacks, and fortified staple products. Government nutrition programs in Africa, South Asia, and Latin America are also incorporating fish powder into school feeding and maternal health initiatives due to its affordability and proven impact on malnutrition reduction. In animal nutrition, the expansion of aquaculture and commercial poultry farming - especially in Asia-Pacific - is creating sustained demand for digestible, protein-intensive feed ingredients. The growing preference for circular economy models and zero-waste processing is encouraging seafood processors to convert waste streams into high-value fish powder. Moreover, increased investment in cold chain infrastructure and marine processing facilities in coastal economies is expanding production capacity and market reach. With a supportive landscape of health awareness, technological advancement, and sustainable sourcing, fish powder is poised for robust growth as a multifunctional ingredient catering to evolving nutritional, industrial, and ecological needs worldwide.

Report Scope

The report analyzes the Fish Powder market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Source (Whole Fish Source, By-product Source); Application (Swine Application, Aquaculture Application, Poultry Application, Other Applications)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Whole Fish Source segment, which is expected to reach US$7.4 Billion by 2030 with a CAGR of a 3.8%. The By-product Source segment is also set to grow at 6.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $2.4 Billion in 2024, and China, forecasted to grow at an impressive 7.2% CAGR to reach $2.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Fish Powder Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Fish Powder Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Fish Powder Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Austevoll Seafood ASA, Bio-Marine Ingredients Ireland Ltd., Biomega AS, BioOregon Protein, Inc., Empresas Copec S.A. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

• Austevoll Seafood ASA
• Bio-Marine Ingredients Ireland Ltd.
• Biomega AS
• BioOregon Protein, Inc.
• Empresas Copec S.A.
• FF Skagen A/S
• Hangzhou Nutrition Biotechnology Co., Ltd
• Hayduk Corporación S.A.
• Hofseth BioCare ASA
• Janatha Fish Meal & Oil Products
• Mukka Proteins Limited
• Oceana Group Limited
• Omega Protein Corporation
• Pelagia AS
• Pesquera Diamante S.A.
• Sardina D.O.O.
• Scanbio Marine Group AS
• Sürsan A.S.
• The Scoular Company
• TripleNine Group A/S

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry