Europe Fish Protein Isolates Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Form (Powder and Liquid) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Animal Nutrition)

Europe Fish Protein Isolates Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Form (Powder and Liquid) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Animal Nutrition)

The Europe fish protein isolates market is expected to grow from US$ 308.19 million in 2022 to US$ 384.15 million by 2028. It is estimated to grow at a CAGR of 3.7% from 2022 to 2028.

Surge in Demand for Protein-rich Food Products is Driving the Europe Fish Protein Isolates Market

The demand for protein-rich food products is increasing in the global food & beverages industry, owing to the surge in the number of health-conscious consumers, rising disposable income, and growing consumer awareness. The consumption of fish protein isolates offers various health benefits, including a healthy heart and brain. Protein-rich food products reduce appetite and hunger, increase muscle mass and strength, reduce cravings, boost metabolism, and help maintain weight loss. Further, the antioxidant and bioactive properties of fish protein isolate aid in relieving several gastrointestinal issues, such as irritable bowel syndrome. Also, the fish protein isolate is easily soluble in food products and is highly suitable for human consumption.

Omega-3 fats have been shown to help prevent heart disease and stroke, may help control lupus, eczema, and rheumatoid arthritis, and may play protective roles in cancer and other conditions. The increasing demand for functional foods, nutritionally enhanced with omega-3 fatty acids, reduced sodium, and high protein content will fuel the Europe fish protein isolate market growth. The rising working population, coupled with tremendous work pressure and hectic lifestyle, is another major factor that is boosting the demand for convenience food products with high protein content, to maintain a nutritional and balanced diet, this factor is contributing to the Europe fish protein isolates market growth of fish protein isolates. Fish protein isolates contain many essential vitamins, proteins, and other essential amino acids, which encourages its application in the food & beverages industry. Thus, the surge in demand for protein-rich food products among consumers is increasing the need for fish protein isolates, which is driving the Europe fish protein isolates market.

Europe Fish Protein Isolates Market Overview

According to the Community Research and Development Information Service (CORDIS), the fishing sector in Europe processes 4.535 million metric tons of fish every year. As per the report obtained by Danish Agriculture and Food Council, European fishmeal producers deliver valuable ingredients from offcuts and Pelagic fish. The report reveals that European manufacturers focus on optimizing the utilization of raw materials to provide value-added products to consumers. According to the European Commission report, European Union is the fifth largest fisheries and aquaculture producer, with registered global production of 3%, of which 78% of production is obtained from fisheries and 22% from aquaculture. Moreover, the Europe fish market report states that Europe aquaculture production increased by 118,436.63 metric tons or 11% from 2010 to 2019. Furthermore, increasing diseases in animals and livestock have encouraged manufacturers to develop feed for enhancing their immune response and improving microflora, thus driving the animal feed ingredients market. In Eastern Europe, the nutraceutical market growth is boosted by the expansion of dietary supplements and functional food. Therefore, increasing demand for animal feed ingredients and rising aquaculture production are anticipated to fuel the Europe fish protein isolate market during the forecast period.

Europe Fish Protein Isolates Market Revenue and Forecast to 2028 (US$ Million)

Europe Fish Protein Isolates Market Segmentation

The Europe fish protein isolates market is segmented into form, application, and country.

Based on form, the Europe fish protein isolates market is bifurcated into powder and liquid. In 2022, the powder segment registered a larger share in the Europe fish protein isolates market.

Based on application, the Europe fish protein isolates market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal nutrition. In 2022, the pharmaceuticals and nutraceuticals registered a largest share in the Europe fish protein isolates market.

Based on country, the Europe fish protein isolates market is segmented into the Germany, the UK, France, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe registered a largest share in the Europe fish protein isolates market.

Advance International, Inc; Bio-marine Ingredients Ireland Ltd; Biomega Group AS; Copalis Industry SAS; Hofseth BioCare ASA; PeterLabs Holdings Sdn Bhd; and Sopropeche SA are the leading companies operating in the Europe fish protein isolates market.

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