Friday, May 26, 2023

Fish Protein Hydrolysate Market is Expected to Grow in Value to $342.00 million | Size, Share and Growth 2029

 

 Fish Protein Hydrolysate Market 

The fish protein hydrolysate market was increasing in value from USD 244.2 million in 2021 to USD 342.00 million by 2029, at a CAGR of 4.30% over the predicted period of 2022 to 2029.

Fish is a greater source of protein than other animals and vegetables. Fish protein hydrolysate was first solely utilised in animal feed. However, fish is now widely utilised in many other businesses as more people become aware of its high protein content. The application of fish protein hydrolysate has expanded to include a wide range of goods, such as food and drink, pharmaceuticals, nutraceuticals, cosmetics, pet food, and animal and poultry feed. Species differences in fish protein content are apparent.

An organic fertiliser that can enhance plant nutrition is fish hydrolysate. Fish hydrolysate, a bioactive substance that acts as an organic fertiliser for plants, is created when minced fish is broken down in the presence of enzymes such proteases and lactobacillus. It has several applications in food processing and pharmaceutical supplements and is rich in protein and vital vitamins.

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Fish Protein Hydrolysate Market Dynamics

Drivers

Wide availability of fish species

Fishes can be found in plenty, so manufacturers have begun to commercialize fish farming and extract protein from them. Significant growth in the pharmaceutical industry worldwide is one of the key factors driving the market's positive outlook.

High demand from various end-user industries

Fish protein hydrolysate has fast absorption properties that aid in developing lean muscle mass while also lowering the risks of hypertension and high blood pressure in consumers and is thus widely used in sports nutrition and protein supplements. It is also used to treat irritable bowel syndrome (IBS) and crohn's disease and hypoallergenic protein food for infants with celiac disease, lactose and gluten intolerance.

Fish protein hydrolysate used as a cryoprotectant in aquaculture and animal feed increases market growth. FPH helps prevent the spread of infectious diseases and boosts animal immunity against bacteria, fungi, viruses and parasites.

Global Fish Protein Hydrolysate Market Scope

Form

  • Liquid
  • Paste
  • Powder

Source

  • Codfish
  • Tuna
  • Crustacean
  • Sardine
  • Molluscs
  • Other

Technology

  • Enzymatic Hydrolysis
  • Autolytic Hydrolysis
  • Acid Hydrolysis

Application

  • Food
  • Cosmetics
  • Pharmaceutical
  • Agriculture

Distribution channel

  • Direct
  • Indirect

Get More Information@

https://www.databridgemarketresearch.com/reports/global-fish-protein-hydrolysate-market

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