Market Overview
Fishmeal is a rich source of animal protein, vitamins, minerals, and other growth factors. They are added to feed as a supplement to enhance the feed performance. Fishmeal market is observing an exponential growth based on its high usage in the aquaculture industry. Additionally, increasing demand for protein-rich animal feed and increasing awareness regarding livestock health among the livestock holder is driving the growth of global fishmeal market.
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Competitive Analysis
The major players in the Fishmeal Market
Downstream Analysis
The global Fishmeal Market is segmented into source and livestock.
Regional Analysis
The global fishmeal market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the fishmeal market followed by North America. Growing health awareness towards livestock animals and uplifted consumption of aquatic animals have surged the demand for fishmeal. Moreover, increased demand for improved quality animal feed is driving the market of fishmeal in the Asia Pacific region.
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