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Marine Protein Hydrolysate Market Share

Report ID: GMI7553
Published Date: Nov 2023
Report Format: PDF

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Marine Protein Hydrolysate Market Share

Major companies operating in the marine protein hydrolysate industry include:

Bio-marine Ingredients, Ireland Limited
Copalis Sea Solutions
CR Brown Enterprises
Diana Group
Hofseth BioCare ASA
Janatha Fish Meal & Oil Products
Marutham Bio Ages Innovations (P) Ltd
SAMPI
Scanbio Marine Group AS
Sopropêche
Vinh Hoan Seafood JSC
Enviro Tech International Ltd.
Amano Enzyme Inc.
Bio-Cat, Inc.
Biomax Ltd.

In the Asia-Pacific marine protein hydrolysate market, Bio-marine Ingredients, Ireland Limited and Copalis Sea Solutions have established themselves as key players, capturing significant market shares through a combination of strategic factors. Bio-marine Ingredients, Ireland Limited has leveraged its expertise in extracting protein, calcium, and oil from fish to produce high-quality marine protein hydrolysates tailored to the specific needs of Asian consumers.

Copalis Sea Solutions, on the other hand, has capitalized on its innovative and sustainable production processes, utilizing advanced enzymatic methods to create premium marine protein hydrolysates that cater to the growing demand for eco-friendly products in the region. Both companies have effectively established themselves as leading providers of marine protein hydrolysates in the Asia-Pacific market, contributing to the region's overall growth and development.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of marine protein hydrolysate reached USD 263.2 million in 2022 and is set to exceed USD 401 million by 2032, due to the increasing demand for nutraceuticals, driven by consumer awareness of health benefits such as omega-3 fatty acids.

Liquid form segment held a dominant market share of around 56% in 2022 and is expected to grow at a lucrative pace by 2032.

The U.S. market size was worth USD 73.7 million in 2022, owing to the well-established seafood industry, adoption of advanced production technologies, and a growing awareness regarding the product’s health benefits.

Bio-marine Ingredients, Ireland Limited, Copalis Sea Solutions, CR Brown Enterprises, Diana Group, Hofseth BioCare ASA, Janatha Fish Meal & Oil Products, Marutham Bio Ages Innovations (P) Ltd, SAMPI, Scanbio Marine Group AS, Sopropêche, Vinh Hoan Seafood JSC.