Executive Summary and Market Analysis
The market for fish protein hydrolysate (FPH) in Europe is divided into several key regions, including Germany, France, Italy, the UK, Russia, and the Rest of Europe. The European Union has implemented a circular economy framework aimed at valorizing seafood waste to address environmental pollution and disease spread while promoting sustainability in fisheries and aquaculture. With the rise in fish production, there has been a corresponding increase in fish waste, which poses significant environmental challenges. In 2022, approximately 7 to 10 million metric tons of fish were discarded in Europe, leading to pollution and unpleasant odors from waste degradation.To combat these issues, the EU is focusing on enhancing the production of fish protein hydrolysate, which is derived from fish by-products such as skin and bones. FPH is utilized across various sectors, including animal feed, human nutrition, cosmetics, and pharmaceuticals. The growing volume of fish waste in Europe is a major factor driving the production of fish protein hydrolysate.
Strategic Insights
# Market SegmentationThe Europe Fish Protein Hydrolysate Market is segmented by purity, form, and application:
- By Purity: The market includes FPH 80%, FPH 90%, FPH 95%, and others, with 'Others' holding the largest market share in 2024.
- By Form: The market is divided into dry and liquid forms, with dry forms dominating in 2024.
- By Application: Key applications include animal nutrition, poultry, aquaculture, ruminants, swine, pet food, pharmaceuticals, nutraceuticals, food and beverages, personal care, and agriculture. Animal nutrition is the leading application segment.
Market Outlook
Manufacturers in the fish protein hydrolysate sector are actively pursuing strategic initiatives such as research collaborations, facility expansions, and product diversification to enhance their market presence and meet the rising demand across various industries. For example, in June 2024, Portugal launched its first hydrolyzed protein facility aimed at the fish feed industry, marking a significant advancement in local production capabilities and reducing reliance on imports. The EU-funded GAIN (Green Aquaculture Intensification) project is also working to optimize the use of fish by-products, focusing on producing fish protein hydrolysates and other valuable products.Additionally, the VALORISH project under Horizon Europe is developing a biorefinery process to convert fish waste into high-value bioproducts, aiming for a zero-waste system in the fishing industry through a cascade valorization approach.
In December 2024, Hofseth BioCare announced plans to expand its production capabilities by constructing a second hydrolysis plant in Berkåk, Norway, which will significantly increase the production of human-grade marine proteins and peptides. This expansion is supported by a partnership with Symrise and is expected to triple current production volumes by the second quarter of 2027.
Country Insights
The market is also analyzed by country, with Germany, France, Italy, Spain, the UK, and the Rest of Europe being key regions. The Rest of Europe accounted for the largest market share in 2024, driven by various business strategies such as mergers, acquisitions, and new product developments by both national and international players. Key manufacturers in this region include Copalis Industry SAS, Scanbio Marine Group AS, and Symrise AG, which offer a range of fish protein hydrolysate products.Fish protein hydrolysate is crucial in animal feed, enhancing the growth of poultry, ruminants, swine, and pets. Its high protein content and digestibility make it increasingly popular in the region.
Company Profiles
Key players in the Europe Fish Protein Hydrolysate Market include Janatha Fish Meal & Oil Products, SAMPI, Kemin Industries Inc, Bio-marine Ingredients Ireland Ltd, Copalis Industry SAS, Symrise AG, E.F.S.-Holland B.V., White Swan Pharmaceutical, New Alliance Dye Chem Pvt Ltd, and Nizona Marine Products Pvt Ltd. These companies are focusing on expansion, product innovation, and strategic partnerships to enhance their market share and meet consumer demands.Table of Contents
Companies
The List of Companies - Europe Fish Protein Hydrolysate MarketJanatha Fish Meal & Oil Products
SAMPI
Kemin Industries Inc
Bio-marine Ingredients Ireland Ltd
Copalis Industry SAS
Symrise AG
E.F.S.-Holland B.V.
White Swan Pharmaceutical
New Alliance Dye Chem Pvt Ltd
Nizona Marine Products Pvt Ltd

