Fish Protein Isolates Market Players Can be Optimistic of a Mainstream Era After Years of Obscurity: FMI

DUBAI , U.A.E, June 29, 2020 /PRNewswire/ -- Global fish protein isolates market is set to grow at over 8% through 2030, with global revenues set to surpass USD 506 million by 2030.

Growing focus on harnessing aquatic resources, combined with low-cost vis-à-vis other meat proteins, are invoking interest of the protein industry. A new study by Future Market Insights opines that fish protein isolates may well emerge as a preferred protein source in low-income countries in the next decade.

The broader macro factors driving the consumption of meat proteins will also rub off on fish protein isolate demand during the forecast period. However, the key differentiator will be lesser price point.

Fish protein isolates are derived as by-products of the fish processing industry. According to FMI analysis, growing emphasis on circular economy, will also boost the prospects of fish protein isolates industry during the assessment period.

Key Takeaways from FMI's Report on Fish Protein Isolates

• Fish protein isolates market to be worth USD 468.2 million in 2020
• Demand from sports nutrition and dietary supplement industry will boost momentum
• US and Europe will remain traditional stalwarts, but adoption in low-income countries key to growth
• Application as base ingredient in food industry is generating substantial traction
• High transportation cost and unsavory taste are limiting growth

Download Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-11663

Fish Protein Isolates Market: Key Trends

• Fish protein isolates are finally gaining their due as a key protein source after years of low interest and obscurity
• Market players focusing on targeting on-the-go food products, such as energy bars
• Fish protein industry touting its products as alternatives to whey and soy proteins
• Stakeholders exploring higher growth avenues in pharmaceutical, personal care, and cosmetic industries

Fish Protein Isolates Market: Region-wise Analysis

• US and EU5, traditionally lucrative markets for fish protein isolates, will continue to present significant opportunities
• Market maturity scenarios are inducing a shift toward Brazil, Argentina, Chile, and Peru
• Low cost vis-à-vis other meat proteins driving demand in Asia Pacific
• Increase in export expected in Middle East, thereby driving demand for fish protein isolates

Fish Protein Isolates Market: Competitive Analysis

According to FMI's analysis, after decades of low-interest, fish protein isolates market is witnessing frenzied activity.

The market remains significantly competitive, with a foray of more players anticipated in the next couple of years. The market foray has been aided by development of efficient extraction techniques. A steadily changing consumer perception toward fish protein is also influencing market players to acquire local players with the required know-how.

Preview Analysis:  https://www.futuremarketinsights.com/reports/fish-protein-isolate-market

FMI opines that during the assessment period, investment in R&D, mergers & acquisitions, and tie-ups with end-user behemoths will be a key strategy of the stakeholders.

Fish Protein Isolates Market: Taxonomy

Form

• Powder
• Liquid

End-user

• Food and Beverages
• Cosmetic & Personal Care
• Sports Nutrition & Dietary Supplement
• Pharmaceuticals
• Others

Region and Country

North America

• U.S.
• Canada

Latin America

• Mexico
• Brazil
• Peru
• Argentina
• Rest of Latin America

Europe

• EU-4
• UK
• BENELUX
• Nordic
• Russia
• Rest of Europe

Asia (excluding Japan)

• China
• India
• ASEAN Countries
• South Korea

Middle East & Africa

• GCC Countries
• Turkey
• South Africa
• Northern Africa
• Rest of MEA

Oceania

• Australia
• New Zealand

Japan

For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-11663

Get Valuable Insights into Fish Protein Isolate Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global fish protein isolate market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the fish protein isolate market-based form (powder and liquid), end-user industry food and beverage, pharmaceuticals, cosmetic and personal care, sports and dietary supplements and others) across seven major regions.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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