europe fish protein hydrolysate Market

The Europe fish protein hydrolysate market is accounted to US 120.9 Mn in 2018 and is expected to grow at a CAGR of 5.0% 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. 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. Consumer?s inclination towards healthy lifestyle and rising awareness of health benefits of fish protein is encouraging manufacturers to focus on FPH products. Moreover, demand for fish protein hydrolysate is increasing in manufacturing nutritional supplement for malnourished children, which is further projected to propel the market growth.

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 followed by acid hydrolysis. Acid hydrolysis can be used for the preparation of monosaccharides. Sulfuric acid, hydrochloric acid, trifluoroacetic acid, nitric acid, and formic acid are usually used in acid hydrolysis. The process acid-catalyzed fish skin hydrolysis is likely to destroy some amino acids, including serine, tryptophan, and threonine at high pH.

Europe fish protein hydrolysate market is segmented based on 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.

Europe fish protein hydrolysate market is segmented based on source as tuna, sardine, Atlantic salmon, crustacean, and others. The tuna source holds the largest share in the Europe fish protein hydrolysate market whereas the Atlantic Salmon is estimated to be growing at the fastest rate. The Atlantic salmon or Salmo salar is a type of ray-finned fish from the family Salmonidae that is the largest salmon. Atlantic salmon can grow nearly a meter in length, and it is found in the North Atlantic Ocean, as well as in rivers that flow into this ocean. Atlantic salmon have a comparatively complex lifecycle, which begins with juvenile and spawning rearing in rivers. These fish then migrate to saltwater to grow, feed, and mature before returning to freshwater to spawn.

Europe fish protein hydrolysate market is segmented based on application as animal feed, pet food, pharmaceuticals, cosmetics, and others. The animal feed segment holds the largest share in the Europe fish protein hydrolysate market, whereas the pharmaceuticals segment is known to be growing at the fastest rate. Several social, dynamic, scientific, and economic aspects influence the pharmaceutical industry. Some pharmaceutical companies operate in both multinational and national markets. Therefore, their activities are subject to regulation legislation and policies relating to drug manufacturing, development, quality control, marketing, and sales. Health care providers such as dentists, nurses, physicians, pharmacists, and veterinarians may prescribe drugs or recommend how they should be dispensed.

Europe fish protein hydrolysate market is segmented based on country as ? Germany, France, United Kingdom, and Italy, among others. UK holds the largest share in the Europe fish protein hydrolysate market, which is followed by Germany. United Kingdom is one of the strong economic countries of the region. The United Kingdom have local manufacture and suppliers who are making the fish protein hydrolysate for the pet food. The protein is made with the highest standards. The fish is mainly sourced from Norway for many local producers which in turn is mixed with the sustainable raw material to produce the fish protein hydrolysate at the local market.

Some of the players present in the Europe fish protein hydrolysate market are Bio-marine Ingredients Ireland Limited, Copalis Sea Solutions, Diana Group, Hofseth BioCare ASA, Janatha Fish Meal & Oil Products, Scanbio Marine Group AS, and SOPROP?CHE among others.

The overall Europe fish protein hydrolysate market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe fish protein hydrolysate market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe fish protein hydrolysate market.