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U.K. Fish Protein Market - Size, Trends, Competitive Analysis and Forecasts (2018-2023)

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  • 82 Pages
  • June 2018
  • Region: United Kingdom
  • Hypercube Insights
  • ID: 4661710
U.K. is among the fastest growing markets of protein in the world. Population in the U.K. are becoming more and more aware about the health benefits of protein. Protein demand has led to many food manufacturers to supply protein rich products. The market of whey protein in the country is growing at a very high rate compared to the market of other proteins. Soy protein is among the most popular vegetable sources of protein in the country. Wheat protein is highly used as a secondary application across various food products, but its usage is limited in beverage and dietary supplements industry. With rising protein demand in the country, the demand for sustainable protein among the population in the country is rising. Hence, in recent years, fish protein and insect protein has been gaining attention.

The fish protein industry in U.K. holds around 22% of fish protein market in the Europe. U.K. is leading market in Europe and presents huge consumer base. The fish protein industry in the U.K. possess the market revenue of $0.23 million in 2018. With rapidly expanding protein industry, fish protein revenue is estimated to capture the value of $0.31 million by 2023, registering a CAGR of 6% during the forecast period during 2018 to 2023. Growing consciousness about the health-related problems such as rising obesity, heart diseases and increasing demand of lactose free and gluten free products with growing lactose sensitiveness and gluten intolerance are some of the major drivers for the demand of fish protein across food industry. Processed food, dairy alternative and meat alternative are leading in terms of application of fish protein across food industry.

In last few years, the trend of attending gym and fitness sessions has increased especially among the young population in the country. Middle aged population are also steadily adapting this trend due to growing awareness about the negative impact of overweight. Because of this trend the application of fish protein across dietary supplements industry is estimated to grow at a fastest CAGR of 6.3% during the forecast period. It also shares highest share of fish protein market in terms of application, the growth of which is mainly coming from the sports and body builders who regularly consume protein-based supplement products to maintain strict diet. Though the application of fish protein across beverage industry and animal feed industry is low compared to other sources of protein, but with growing research, the application is expected to grow steadily.

Fish protein is relatively new market of protein, hence there are not many players in the country. In U.K. Bacarel Express is one of the leading fish protein producers. The company produces wide range of fish protein-based powders and liquids. In coming years, it is expected that the company will expand its operation by investing heavily in product launch, production expansion and driving mergers and acquisition in order to hold leading position.

Key Deliverables
  • Market trends since 2014 and five year forecasts of market growth

  • Detailed analysis of the micro and macro elements influencing demand trends

  • Identifying opportunity spaces across segments and countries

  • Supply & demand side trend and analysis

  • Price trend analysis, investment prospects and competition pattern

  • Insights on growth potential of the market

  • Detailed analysis of major producers covering financial investments & strategies adopted

  • Competitive landscape of the industry

Table of Contents

1. Introduction
1.1 Research Methodology
1.2 Scope of the Study
1.3 Assumptions
2. Summary
2.1 Market Summary by Type
2.2 Market Summary by Application
2.3 Market Summary by Geography
2.4 Business Trends Summary
3. Industry Dynamics
3.1 Drivers
3.1.1 Rising awareness about the benefits of dietary supplements
3.1.2 Growing demand of lactose free and gluten free products
3.1.3 Rising consumption of Functional food products
3.1.4 Expanding processed seafood industry
3.2 Restraints
3.2.1 Increasing trend of veganism and vegetarianism
3.2.2 Low awareness about fish protein
3.2.3 High cost of extraction
3.2.4 Less dexterity of product and limited scope of application
3.3 Opportunities
3.3.1 Surging prescription of supplementary products
3.3.2 Growing demand of alternative protein sources
3.3.3 Increased investments in R&D
3.3.4 Expanding Sports nutrition market
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining power of Suppliers
3.4.2 Bargaining power of Buyers
3.4.3 Degree of Competition
3.4.4 Threat of Substitution
3.4.5 Threat of new entrants
3.5 Future Trends in Fish Protein Industry
3.6 Value Chain Analysis
3.7 Industry Policies & Regulations
3.7.1 North America
3.7.2 Europe
3.7.3 Asia-Pacific
3.8 Market Innovations
4. Market Size and Forecast
4.1 Market Share, by Types
4.1.1 Fish Protein Concentrate
4.1.2 Fish Protein Isolate
4.1.3 Hydrolyzed Fish Protein
4.2 Market Share, by Processing
4.2.1 Isoelectric Solubilization
4.2.2 Solvent Extraction
4.2.3 Enzymatic Hydrolysis
4.2.4 Others
4.3 Market Share, by Application
4.3.1 Food Infant Formula Confectionary Bakery Snacks Dairy Alternatives Meat Analogues & Extenders Processed Seafood Products Others
4.3.2 Beverages
4.3.3 Dietary Supplements
4.3.4 Animal Feed
4.3.5 Others
5. Competitive Analysis
5.1 Market Share Analysis
5.2 Growth Strategies of leading players
5.3 Investment and Development Prospects
5.3.1 Investment in past five years
5.3.2 Investment Opportunities
5.4 Competition Pattern
5.4.1 Concentration Ratio
5.4.2 Industry Competition
5.5 Price Trend Analysis
5.5.1 Product Classifications and Their Prices
5.5.2 Factors Influencing Prices
6. Company Profiles
6.1 Triple Nine Group A/S
6.2 Advance International Inc.
6.3 Ingredients Inc.
6.4 Omega Protein
6.5 Alaska Protein Recovery
6.6 Guyamas Protein Company
6.7 Bacarel Express
6.8 BioOregon Protein
6.9 Sopropeche
6.10 Hofseth Biocare ASA
6.11 A. Costantino & C. S.P.A.
6.12 Aroma NZ

Companies Mentioned

  • Triple Nine Group A/S

  • Advance International Inc.

  • Ingredients Inc.

  • Omega Protein

  • Alaska Protein Recovery

  • Guyamas Protein Company

  • Bacarel Express

  • BioOregon Protein

  • Sopropeche

  • Hofseth Biocare ASA

  • A. Costantino & C. S.P.A.

  • Aroma NZ