South & Central America 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)

South & Central America 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 South & Central America fish protein isolates market is expected to grow from US$ 153.50 million in 2022 to US$ 194.82 million by 2028. It is estimated to grow at a CAGR of 4.1% from 2022 to 2028.

Surge in Demand for Protein-rich Food Products is Driving the South & Central America Fish Protein Isolates Market

The demand for protein-rich food products is increasing in the 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 South & Central America fish protein isolates 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 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 South & Central America fish protein isolates market. Moreover, rising disposable income, increasing population, and surging literacy rates, coupled with increasing awareness among people, are also indirectly contributing to South & Central America fish protein isolates market growth.

South & Central America Fish Protein Isolates Market Overview

According to the Ocean Outcomes report, countries such as Chile, Peru, and Ecuador hold a 20% share of the global production of sardines, anchovies, hake, squid, tuna, and other wild capture marine fishes. The report also revealed that fish consumption in South & Central America is expected to increase by 33% by 2030. According to the report by Food and Agriculture Organization, aquaculture in Latin America and the Caribbean (LAC) is concentrated in Chile, Ecuador, Brazil and Colombia, representing a combined output of 85–90% of total LAC aquaculture production. The rise in fishery and aquaculture outcome provides sufficient ingredients for fish protein production. Moreover, the increasing obesity concerns, growing sports and physical activities, and rising ready-to-eat seafood products are anticipated to fuel the South & Central America fish protein isolates market during the forecast period.

South & Central America Fish Protein Isolates Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Fish Protein Isolates Market Segmentation

The South & Central America fish protein isolates market is segmented into form, application, and country.

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

Based on application, the South & Central America fish protein isolates market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal nutrition. In 2022, the pharmaceuticals and nutraceuticals segment registered a larger share in the South & Central America fish protein isolates market.

Based on country, the South & Central America fish protein isolates market is segmented into Brazil, Argentina, the Rest of South & Central America. In 2022, the Rest of South & Central America segment registered a larger share in South & Central America fish protein isolates market.

Advance International, Inc; Bio-marine Ingredients Ireland Ltd; Biomega Group AS; Copalis Industry SAS; Hofseth BioCare ASA; and Sopropeche SA are the leading companies operating in the South & Central America fish protein isolates market.

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