Fish Protein Hydrolysate Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Fish Protein Hydrolysate Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

The global Fish Protein Hydrolysate Market for animal feed and pet food applications reached USD 233.08 million in 2023 and is projected to grow at a 5.5% CAGR from 2024 to 2032. This growth is primarily driven by the rising demand for protein-rich, high-quality ingredients in animal nutrition. Fish protein hydrolysates are recognized for their enhanced growth performance and improved digestibility in animals and pets. The trend toward sustainable and natural ingredients in feed formulations is further supporting market expansion. As consumers increasingly seek premium options for pet food and animal feed, the market for fish protein hydrolysates is expected to continue its upward trajectory, bolstered by innovations in processing and sourcing.

The market is expanding in the animal feed and pet food sectors due to the growing need for high-protein, sustainable, and easily digestible feed ingredients. Fish protein hydrolysates offer several nutritional benefits, including boosted immune function, improved gut health, and enhanced growth rates. This increased awareness is propelling market growth. Additionally, the preference for natural and eco-friendly ingredients, coupled with a shift towards premium and specialty products, is amplifying the demand for fish protein hydrolysates.

The overall Fish Protein Hydrolysate Industry is segregated based on technology, form, source, application, livestock, and region.

Enzymatic Hydrolysis is the leading technology segment, expected to reach USD 376.78 million by 2032, with a CAGR of 5.5%. This method is preferred for producing high-quality, bioavailable protein products by breaking down fish proteins into smaller amino acids and peptides. Its ability to precisely control the degree of hydrolysis ensures consistent product quality, tailored to specific animal nutrition needs.

In terms of form, the Powder Segment is set to grow to USD 343.87 million with a CAGR of 5.7% by 2032. Powdered fish protein hydrolysates are favored for their versatility, ease of handling, and longer shelf life. They integrate seamlessly into various feed formulations, offering consistent stability and dosing compared to liquid forms. Their convenience for storage and transportation makes them ideal for large-scale production, further supporting their dominance in the market.

Tuna Protein Hydrolysate is projected to expand to USD 86.55 million by 2032, with a CAGR of 5.5%. Tuna hydrolysate is rich in minerals and omega-3 fatty acids, enhancing its appeal in animal feed and pet food due to its benefits in growth performance and feed intake.

The Animal Feed Segment is anticipated to hold a market share of 73%, growing at a CAGR of 5.4% by 2032. The dominance of this segment is driven by the high demand for protein-rich ingredients that improve animal health, growth, and feed efficiency. Fish protein hydrolysates are essential for refining feed formulations across various livestock.

Aquaculture is expected to grow to USD 80.33 million with a CAGR of 5.6% by 2032. The aquaculture sector's growth supports the industry by providing a reliable and sustainable source of raw materials.

In the Asia Pacific region, the fish protein hydrolysate market is set to reach USD 143.48 million by 2032, with a CAGR of 5.8%. This region leads due to its extensive aquaculture industry and substantial poultry and livestock sectors. The high production volumes and increasing demand for quality animal nutrition drive the adoption of fish protein hydrolysates. Asia Pacific’s focus on sustainable practices and improving animal health further strengthens its position in the global market.