Market Research Future (Food and Beverages) Fishmeal Market Research Report- Forecast till2023 | Page 4

Fishmeal Market Research Report- Forecast till 2023
3 Sample Pages
On the basis of the type, it is segmented into salmon, trout, carps, crustaceans, tilapias, and others. Among all the
types, the salmon segment is dominating the market followed by the trout owing to the presence of high amount of
proteins and vitamins, and its higher use in the feed products for high nutrition attributes.
On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the
aquatic segment is dominating the market based on increased consumption of marine products globally. However,
the poultry segment is likely to observe steady growth over the forecast period owing to increase in demand for meat
and meat products.
Regional Analysis:
The global fishmeal market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW).
Asia Pacific is dominating the fishmeal market followed by North America. In the Asia Pacific region, India and
China are the major consumers of fishmeal, which have resulted in the market growth of this region. Furthermore,
increasing consumption of seafood and aquatic animals in the developing countries of Asia Pacific region has
positively resulted in the growth of the fishmeal market.
Moreover, increasing demand for nutritive additives in feed, such as fishmeal has a positive influence in countries
like the U.K, Germany, and France in the European region, which is likely to boost the fishmeal market during the
forecast period.
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