Fish meal is made primarily from the bones and organ meat leftover from fish. It is created by drying or trimming of fish. Fish meal is generally obtained in the form of powder or cake. The fishmeal market has grown extensively in recent years and is projected to continue growing in the forecast period. Fishmeal offers many benefits for aquatic animals, such as enhanced disease immunity, improved survival & development, and reduced incidences of deformities. Demand for fishmeal is experiencing an exponential increase based on its heavy use in aquaculture. Fishmeal is one of the fastest-growing segments of the seafood industry, as well as the fishery industry across the globe. According to Renub Research Global Fishmeal Market is expected to reach US$ 10.65 Billion by the end of the year 2026.

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The main factors contributing to the growth of the global fishmeal market are increasing demand for naturally derived protein additives in animal feed, expansion of the feed industry, extensive development of salmon aquaculture, and increased consumption of fish as a significant food in various regions of the world.

Renub Research report titled “Fish Meal Market and Volume, Global Forecast by species (Anchovy, Blue whiting, Sardines, Capelin, Menhaden, Norway Pout, Send eel, Sprat), End-User: Chicken, Pig, Aquaculture (Cyprinids, Eels, Crustaceans, Marine Fish, Salmonids, Tilapias), Production, Export, Import (Countries: Peru, China, Thailand, Vietnam, United States, Chile, Japan, Denmark, India, Norway, Ecuador, Morocco, Russia, Iceland, Malaysia, Taiwan, Turkey) Value Chain Analysis” provides global fish meal market.

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Major Fish Meal Producing Countries
• Peru
• China
• Thailand
• Vietnam
• USA
• Chile
• Japan
• Denmark
• India
• Norway
• Ecuador
• Morocco
• Russia
• Iceland
• Malaysia

Major Fish Meal Exporting Countries
• Peru
• Denmark
• Chile
• United States
• Morocco
• Iceland

Major Fish Meal Importing Countries
• China
• Norway
• Japan
• Taiwan
• Turkey

Market Segment by Source of Species
• Anchovy
• Blue whiting
• Sardines
• Capelin
• Menhaden
• Norway Pout
• Send eel
• Sprat
• Others

Market Segment by End-User
• Aquaculture
o Cyprinids
o Eels
o Crustaceans
o Marine Fish
o Salmonids
o Tilapias
o Others
• Chicken
• Pig
• Others

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