U.S. is one of the leading economies in the globe. The protein industry for all the protein sources in the country leads in terms of market revenue. The manufacturers in the country possess in-depth know-how and advanced technologies of food processing. This has led the country to maintain its status of being major producer of protein and its derivative products across the globe.
U.S. shares just less than 60% of fish protein market in the region. The growing number of obese population in the country is a matter of concern even to the Government. The growing focus on weight management is one of the major factor for rapidly growing market of protein in the country. The recommendation of various health experts about the potential weight management benefits by consuming fish protein isolate based products would strengthen the fish protein market in coming years. The dietary supplement industry accounts for 30% of total fish protein application. Considering, the trends in the industry and growing urge of protein to reduce weight and to prevent various diseases, the application of fish protein across supplements industry is estimated to grow at fastest rate compared to its other applications.
The awareness about the negative effects of consumption of meat and its derivatives products has been ever growing in the country. This has led to growing demand of meat alternative and meat substitute-based products. Since, protein is the potential ingredient that is added across various segments of food industry such as meat analogues and extenders, bakery, confectionery, processed foods and other, the application of fish protein across the food industry is estimated to capture the market revenue of $0.25 million by 2023, registering a CAGR of 5.7% during the forecast period.
In past few years, the demand of protein rich beverages such as shakes, smoothies, juices and flavored water is rising. These products are mainly used to reduce body weight. Additionally, the concern about the lactose sensitiveness and gluten intolerance has resulted in population preferring for the alternate solution of major protein sources such as wheat, pea and soy. Fish protein being free of both gluten and lactose, manufacturers in the beverage industry are already seeking to explore its application in order to expand their product line.
Fish protein being relatively new protein market, companies along with research institutes are exploring ways to use it across various applications. Hydrolyzed fish protein is found to be highly useful to skin and hair. Hence, cosmetics companies have initiated to apply it as an ingredient in various products such as shampoos, face-wash, conditioners, etc.
Key Deliverables
U.S. shares just less than 60% of fish protein market in the region. The growing number of obese population in the country is a matter of concern even to the Government. The growing focus on weight management is one of the major factor for rapidly growing market of protein in the country. The recommendation of various health experts about the potential weight management benefits by consuming fish protein isolate based products would strengthen the fish protein market in coming years. The dietary supplement industry accounts for 30% of total fish protein application. Considering, the trends in the industry and growing urge of protein to reduce weight and to prevent various diseases, the application of fish protein across supplements industry is estimated to grow at fastest rate compared to its other applications.
The awareness about the negative effects of consumption of meat and its derivatives products has been ever growing in the country. This has led to growing demand of meat alternative and meat substitute-based products. Since, protein is the potential ingredient that is added across various segments of food industry such as meat analogues and extenders, bakery, confectionery, processed foods and other, the application of fish protein across the food industry is estimated to capture the market revenue of $0.25 million by 2023, registering a CAGR of 5.7% during the forecast period.
In past few years, the demand of protein rich beverages such as shakes, smoothies, juices and flavored water is rising. These products are mainly used to reduce body weight. Additionally, the concern about the lactose sensitiveness and gluten intolerance has resulted in population preferring for the alternate solution of major protein sources such as wheat, pea and soy. Fish protein being free of both gluten and lactose, manufacturers in the beverage industry are already seeking to explore its application in order to expand their product line.
Fish protein being relatively new protein market, companies along with research institutes are exploring ways to use it across various applications. Hydrolyzed fish protein is found to be highly useful to skin and hair. Hence, cosmetics companies have initiated to apply it as an ingredient in various products such as shampoos, face-wash, conditioners, etc.
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
2. Summary
3. Industry Dynamics
4. Market Size and Forecast
5. Competitive Analysis
6. Company Profiles
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
