Fish Protein Hydrolysate Market size to cross USD 409 Million by 2034

Selbyville, DE. - The global fish protein hydrolysate (FPH) market was valued at USD 244.6 million in 2024 and is projected to grow from USD 256.4 million in 2025 to USD 409 million by 2034, expanding at a CAGR of 5.3%, according to the latest report published by Global Market Insights Inc. The growth in the market is due to increasing demand for sustainable protein sources, increasing aquaculture production, and increasing awareness of circular economy practices among players in the seafood sector.

Fish protein hydrolysate (FPH), a product obtained through enzymatic or chemical hydrolysis of fish waste or by-products, finds greater applications in aquafeed, animal feed, pet food, and nutraceuticals owing to its high digestibility, bioavailability, and amino acid profile.

Key Insights

Market Size & Growth:

• 2024 Market Size: USD 244.6 million
• 2025 Market Size: USD 256.4 million
• 2034 Forecast Market Size: USD 409 million
• CAGR (2025–2034): 5.3%

Regional Insights:

• Largest Market: Asia Pacific
• Fastest Growing Market: Asia Pacific
• Emerging Countries: China, Germany, U.S.  
  

Key Drivers:

1. Increasing demand for high-quality aquafeed: FPH helps increase feed palatability and intake, supporting growth performance in aquatic animals, thus making it a desirable ingredient in intensively cultured aquaculture systems.
   
2. Move towards zero-waste processing: Fish processing industries are opting to produce FPH to realize maximum value extraction from by-products, in tandem with global circular economy and sustainability targets.
   
3. Expanding applications in animal feed and pet food: With its peptides and bioactive materials, FPH is being utilized more and more in animal and pet nutrition for enhanced immunity and gastrointestinal health.
   
4. Growing investment in marine biotechnology: As technology for enzymatic hydrolysis continues to improve, using process optimization, increases in yield, scalability, and quality of fish protein hydrolysates will result.

Key Players:

• Omega Protein leds the market with around 17% share in 2024.
  
• The top 5 companies are Omega Protein, Diana Aqua, Hofseth BioCare, Bio-Marine Ingredients, and Copalis Sea, contributing around 57% of the market in 2024. 

Key Challenges:

• Seasonality in raw material supply: FPH production is based on fish processing waste, which can vary with switching seasonal catch rates.
  
• Strict quality and safety requirements: Adherence to food and feed safety regulations in several markets necessitates stringent processing and documentation standards.
  
• Costly production and processing: Enzymatic hydrolysis requires sophisticated equipment and energy input, which may deter adoption in price-conscious markets.
  

Browse key industry insights spread across 192 pages with 211 market data tables and figures from the report, “Fish Protein Hydrolysate Market - By Technology, Form, Source, Application, Livestock - Growth Forecast, 2025 - 2034” in detail, along with the table of contents:

https://www.gminsights.com/industry-analysis/fish-protein-hydrolysate-market

By Technology – Enzymatic Hydrolysis Leads the Way

Enzymatic hydrolysis led the way in 2024 and is expected to continue leading the way, because of produces high-purity, bioactive peptides without needing any harsh chemicals. The process is better suited for premium applications in aquaculture and animal nutrition because of its increased control over the functional properties and molecular weight of the hydrolysate.

By Livestock – Aquaculture Comes Out on Top

Aquaculture had the largest share in 2024, where there was a large use of FPH in the culture of fish, shrimp, and shellfish. It enhances feed conversion rates, immunity, and survival, particularly in high-density systems. Demand for seafood continues to increase as aquaculture continues to expand globally.

Based on Application – Animal Feed Segment Dominates

Animal nutrition was the dominant application segment, fueled by its use in swine, poultry, and pet food. FPH improves digestibility, gut health, and nutrient absorption, making it a desirable ingredient in performance-enhancing feed applications. Its use also facilitates natural product claims in animal nutrition.

Regional Insights

Asia Pacific contributed the highest share in 2024 due to high aquaculture activity in China, Vietnam, India, and Thailand. Increased fish processing demand in the region, complemented by government promotion of sustainable use of marine resources, is driving FPH adoption. High protein demand complemented by greater awareness of circular economy gains places the Asia Pacific at the forefront for future market growth.

Major players in the market are Janatha Fish Meal & Oil Products, SOPROPECHE, Bio-Marine Ingredients Ireland, SAMPI, Diana Aqua, Hofseth Biocare, Triplenine, Omega Protein, Nutrifish, Copalis Sea, Sociedad Pesquera Landes, TC Union, Scanbio Marine, Bunge Limited, Rossyew, and Alaska Protein Recovery.

In order to enhance their position in the market, major players are emphasizing capacity expansion, strategic alliances, and product development. For example, firms like Hofseth Biocare and Bio-Marine Ingredients Ireland are pouring funds into R&D to improve the efficiency of extracting peptides and aiming at the nutraceutical and functional food markets. Others, for example, Omega Protein, are building out sourcing networks to manage raw material volatility. Furthermore, collaborations with aquaculture feed manufacturers and the introduction of tailored hydrolysate products are assisting firms in differentiating their products and establishing long-term customer relationships throughout the animal health and aquafeed sectors.