• 5 years ago
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Fish meal is usually a ground brown colored powder or cake, produced by pressing the cooked fish. The cooked fish is pressed to remove fish oil and water from it. Fish meal market is growing considerably as it contains an important source of nutrients and proteins which is used for improving the feed quality of fish and animals. Fish meal contains long chain omega-3 fatty acids, essential amino acids and other vital vitamins and minerals which are required for the growth & development of livestock animals. Salmon, carps, trout, tilapias fish and crustaceans are considered to be the most common sources for fish meal formulations. Global Fish Meal Market is projected to reach 7 Thousand Tons by the end of year 2024.

Across the globe, the fish meal additives have proven its nutritional benefits to livestock animals and so the sale of fish meal is growing significantly. In addition; shifting consumer’s preferences towards the healthy lifestyle and increasing demand for seafood further escalates fish meal market to grow affluently.

During the 1900s, fish meal is mostly used as a fertilizer in the European countries but since then; after realizing the nutritional contents of fish meal is much better than the utilized animal feed. The demand for fish as the fish meal has crossed the demand for fish as direct human consumption in the United Kingdom. Today, a major portion of the fish meal is used for the aquaculture (shrimp and finfish farming), poultry and pig industries.

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Market Summary:

• By Export: This research report covers market, market share, volume and volume share of following exporting countries: Peru, Denmark, Chile, United States, Morocco and Iceland. Peru is the top Exporter of Fish Meal.
• By Import: Norway is largest importer of Fish Meal. Market, market share, volume and volume share of following importing countries are given in the report: China, Norway, Japan, Taiwan and Turkey.
• By Production: Peru is dominating Fish Meal markets, following countries are covered in this report for production: Peru, China, Thailand, Vietnam, USA, Chile, Japan, Denmark, India, Norway, Ecuador, Morocco, Russia, Iceland and Malaysia.
• By Species: This research report covers market, volume and volume share of following species: Anchvy, Blue whiting, Sardines, Capelin, Menhaden, Norway Put, Send eel, Sprat and others.
• By End-User: Market, volume and volume share is provided for following End-User of Fish Meal: Aquaculture, Chicken, Pig and others.

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