Fishmeal and Fishoil Strategic Analysis & Growth Outlook 2033

Fishmeal and Fishoil by Type (Salmon & trout, Crustaceans, Marine fish, Carps, Tilapias, Others, World Fishmeal and Fishoil Production), by Application (Poultry, Swine, Aquatic animals, Others, World Fishmeal and Fishoil Production), by North America, by South America, by Europe, by Middle East & Africa, by Asia Pacific Forecast 2025-2033

🏭 Chemicals & Materials🌍 Global

Pages: 123

Forecast Period: 2026 - 2033

Market Size: $8500 million

CAGR: 5.2%

Historical Range: 2020 - 2025

Sep 5, 2025Updated: Jun 8, 2026

Pages: 123

Forecast Period: 2026 - 2033

Market Size: $8500 million

CAGR: 5.2%

Historical Range: 2020 - 2025

Market Snapshot

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Fishmeal and Fishoil Market Overview

The Fishmeal and Fishoil market comprises protein‑rich fishmeal and omega‑3‑rich fishoil derived from marine capture and aquaculture by‑products, serving feed, nutraceutical, and pet‑food applications. As a cornerstone of sustainable protein supply, the market underpins global aquaculture growth and health‑focused consumer trends. According to industry data, the Fishmeal and Fishoil market size reached approximately $20.5 billion in 2025, positioning it as a critical component of the animal‑feed and functional‑ingredients sectors. This executive‑ready overview highlights the market forecast, growth outlook, and industry expansion drivers shaping the next decade.

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The market is projected to expand at a CAGR of 5.2% from 2026 to 2033, driven primarily by surging aquaculture feed demand, rising consumer awareness of omega‑3 health benefits, and tightening sustainability regulations that favor certified marine‑derived ingredients. Key forces shaping the industry include: (1) technology shifts such as enzymatic extraction that improve yield and reduce waste; (2) regulatory pressure encouraging traceability and eco‑labeling; and (3) supply‑chain dynamics linked to fluctuating fish‑stock availability and geopolitical trade flows. Asia‑Pacific remains the largest market, accounting for over half of global revenue, while Latin America emerges as the fastest‑growing region, propelled by expanding shrimp and salmon farms in Chile and Peru.

Report Overview

Report Attribute	Details
Market size value in 2025	8.50 billion
Revenue forecast in 2033	12.75 billion
Growth rate	CAGR of 5.2% from 2025 to 2033
Actual data	2021 - 2024
Forecast period	2025 - 2033
Quantitative units	Revenue in USD Million and CAGR from 2025 to 2033
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Type, Application
Regional scope	North America; South America; Europe; Middle East & Africa; Asia Pacific
Country scope	United States; Canada; Mexico; Brazil; Argentina; Rest of South America; United Kingdom; Germany; France; Italy; Spain; Russia; Benelux; Nordics; Rest of Europe; Turkey; Israel; GCC; North Africa; South Africa; Rest of Middle East & Africa; China; India; Japan; South Korea; ASEAN; Oceania; Rest of Asia Pacific
Key companies profiled	Royal DSM; FF Skagen; Sursan A.S.; BASF SE; GC Rieber Oils; Croda International PLC; The Scoular Company; Omega Protein Corporation; Oceana Group Limited; Pelagia; GC Rieber Oils
Customization scope	Free report customization (equivalent to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Market Dynamics

The Fishmeal and Fishoil market is experiencing a nuanced shift driven by feed demand, sustainability pressures, and macro‑economic factors. Understanding the underlying dynamics is essential for executives shaping strategy and forecasting the market size and growth forecast through 2030.

Growth Drivers2 items

Rising aquaculture production, especially in Southeast Asia and Latin America, fuels demand for high‑protein feed ingredients, expanding the Fishmeal and Fishoil market size at a CAGR of 4‑5% in the next five years and supports higher feed conversion ratios.

Stringent animal‑nutrition regulations in EU and US promote the use of certified fish-derived oils, encouraging investments in traceability technology and boosting the Fishmeal and Fishoil market’s growth forecast, while aligning with consumer demand for traceable protein.

Restraints2 items

Escalating raw material costs due to declining fish capture limits and tighter fishing quotas compress margins, limiting capacity expansion for manufacturers, which forces producers to renegotiate supply contracts.

Increasing competition from alternative protein sources such as insect meal and algal oil erodes market share, especially in cost‑sensitive feed formulations, pressuring price points and prompting formulation reformulation.

Opportunities2 items

Adoption of enzymatic hydrolysis and supercritical CO₂ extraction enhances oil yield and purity, opening premium segments for nutraceuticals and functional foods, enabling entry into high‑margin pet food markets.

Emerging demand for sustainable aquafeed certifications creates a niche for certified organic fishmeal, allowing producers to command price premiums and diversify revenue streams, which can be leveraged in premium retail channels.

Challenges2 items

Supply chain volatility—seasonal catch variability and logistics bottlenecks—creates inventory imbalances, complicating demand planning and affecting the Fishmeal and Fishoil market growth forecast, raising working capital requirements for mid‑size processors.

Regulatory scrutiny over marine resource sustainability and carbon footprint reporting imposes compliance costs, requiring firms to invest in ESG reporting frameworks and potentially delay new project roll‑outs, potentially limiting expansion in emerging economies.

Market Segmentation

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The type dimension of the Fishmeal and Fishoil market is divided into several distinct product categories that together shape overall market volume. In fishmeal, the primary sub‑types are whole fishmeal, defatted fishmeal, hydrolyzed fishmeal, and enzymatically hydrolyzed fishmeal. Whole fishmeal retains the original lipid content and commands a premium price in high‑protein aquafeed formulations, while defatted fishmeal, produced by mechanical or solvent extraction, supplies a lower‑fat, higher‑protein ingredient for livestock and pet feeds, contributing the largest share of volume due to its broad applicability. Hydrolyzed and enzymatically hydrolyzed fishmeal, generated through chemical or enzymatic breakdown, provide superior digestibility and are favored in premium pet nutrition and specialized aquaculture diets, adding incremental value despite a smaller market footprint. Fishoil is similarly stratified into crude fish oil, refined fish oil, and omega‑3 enriched fish oil. Crude oil serves as a bulk feedstock; refined oil, after deodorization and bleaching, supports feed and nutraceutical uses; omega‑3 enriched oil, concentrated in EPA/DHA, drives growth in nutraceutical and pharmaceutical segments. Together, these type sub‑categories define the market taxonomy and allocate revenue across commodity and specialty streams.

The application segmentation of the Fishmeal and Fishoil market delineates end‑use pathways that collectively determine demand patterns and price differentials. Aquaculture feed remains the dominant application, accounting for roughly 45 % of total consumption, as fishmeal supplies essential amino acids and fishoil provides essential fatty acids critical for fish health and growth. Livestock feed follows with an estimated 20 % share, leveraging fishmeal’s high protein content to augment ruminant and swine diets, while pet food consumes about 10 % of the supply, emphasizing digestibility and palatability. Fertilizer applications, derived mainly from fish oil residues, represent 15 % of the market, capitalizing on micronutrient enrichment for soil health. Nutraceuticals and functional foods, driven by consumer demand for omega‑3 EPA/DHA, occupy 5 % each, reflecting the premium pricing of purified fish oil. Biofuel usage, though still nascent, accounts for the remaining 5 % of volume. This Fishmeal and Fishoil segmentation illustrates how each application contributes proportionally to overall market size and growth dynamics.

Fishmeal and Fishoil Segmentation Breakdown15 items

Type

Salmon & trout

Crustaceans

Marine fish

Carps

Tilapias

Others

World Fishmeal and Fishoil Production

Application

Poultry

Swine

Poultry

Aquatic animals

Others

World Fishmeal and Fishoil Production

Regional Insights

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The Fishmeal and Fishoil market continues to expand globally, with regional dynamics shaping the overall trajectory. This section delivers a concise C‑level view of market growth, adoption trends, and the upcoming regional forecast.

North America benefits from mature aquaculture supply chains, strong regulatory support for sustainable feed, and steady investment in R&D. High‑protein feed demand from salmon farms sustains market stability.

Europe leverages stringent EU sustainability standards, extensive offshore aquaculture, and public‑private partnerships that fund processing infrastructure. Consumer preference for eco‑labelled products drives premium fishmeal demand.

Asia Pacific remains the largest market, propelled by rapid aquaculture expansion in China, Vietnam, and Indonesia, aggressive government incentives, and scaling of coastal processing hubs. The region accounts for over 55% of global volume, underscoring its pivotal role in Fishmeal and Fishoil market growth.

Latin America emerges as the fastest‑growing region, with Brazil and Chile accelerating feed conversion efficiency through new bio‑extraction facilities. Rising per‑capita protein consumption and export‑oriented shrimp production amplify growth prospects.

Middle East & Africa sees modest but rising adoption as oil‑rich nations diversify into aquaculture. Infrastructure upgrades, import‑substitution policies, and youthful demographics lay groundwork for incremental market share gains.

Competitive Landscape

The Fishmeal and Fishoil competitive landscape is moderately consolidated, with a handful of multinational processors accounting for a sizable share while numerous regional firms serve niche aquaculture and livestock markets. Global players leverage scale to negotiate raw material contracts and optimize logistics, whereas local companies compete on proximity, certification compliance, and tailored product specifications. Pricing remains the primary lever, but differentiation increasingly derives from sustainable sourcing certifications, regulatory approvals for feed‑grade applications, and value‑added product lines such as high‑EPA oils. Distribution networks—direct to feed manufacturers versus third‑party distributors—also shape market positioning, creating a blend of price‑sensitive and quality‑driven competition. The top five global processors collectively command roughly forty percent of total volume, leaving ample space for agile regional players.

Competitive activity centers on M&A to acquire processing capacity, strategic partnerships for raw‑material security, and product launches that extend into functional nutrition or pet‑food segments. Firms differentiate through proprietary extraction technologies that reduce energy use, service models that include technical support for formulators, and channel strength in emerging aquaculture hubs. Companies also pursue channel‑strength initiatives, leveraging long‑term contracts with major feed mills. Cost advantages are pursued via vertical integration of fish‑catching operations or by locating plants near major ports. A persistent challenge is margin pressure driven by fluctuating fish‑stock availability and rising compliance costs for sustainability certifications, which pushes players to balance scale economies with localized customization.

Royal DSM – focus on premium pricing through high‑EPA oil portfolio.

FF Skagen – regional expansion into Southeast Asian aquaculture feed markets.

Sursan A.S. – vertical integration of raw‑material sourcing and processing.

BASF SE – innovation pipeline targeting functional nutrition blends.

GC Rieber Oils – local manufacturing to reduce logistics costs.

Croda International PLC – OEM tie‑ups for customized feed solutions.

Key Fishmeal and Fishoil Companies10 items

Royal DSM

FF Skagen

Sursan A.S.

BASF SE

GC Rieber Oils

Croda International PLC

The Scoular Company

Omega Protein Corporation

Oceana Group Limited

Pelagia

Market Ecosystem

The Fishmeal and Fishoil ecosystem spans upstream capture of marine raw material, midstream conversion and refining, and downstream distribution to multiple feed and nutraceutical applications. Upstream participants include fisheries, by‑product collectors, and raw‑material suppliers that provide whole fish, trimmings, and off‑cuts. Midstream actors—technology providers, processors, and fractionation facilities— transform these inputs into protein‑rich meal and oil concentrates using rendering, drying, and solvent extraction technologies. Downstream, distributors and channel partners move the finished products to end‑users such as aquaculture feed manufacturers, livestock feed formulators, pet‑food producers, and pharmaceutical ingredient suppliers. Value is generated through the efficient conversion of low‑value by‑products into high‑protein, high‑lipid ingredients, with margins captured at each processing and logistics stage. The ecosystem’s profitability is therefore sensitive to operational efficiency, regulatory alignment, and the reliability of raw‑material flows.

Raw material suppliers — provide whole fish, trimmings, and off‑cuts from capture and processing streams

Technology providers — supply rendering, drying, and solvent‑extraction equipment for conversion

Processors / manufacturers — operate plants that fractionate raw material into meal and oil

Distributors / channel partners — manage bulk logistics and storage for regional supply networks

Feed formulators — blend meal and oil into aquaculture, livestock, and pet nutrition products

Regulators / standards bodies — set quality, safety, and sustainability criteria governing production

Financing partners — provide capital for plant construction, equipment upgrades, and working‑capital needs

Control points in the Fishmeal and Fishoil ecosystem cluster around processing capacity, regulatory compliance, and distribution contracts. Adoption of new rendering technologies hinges on capital availability and the willingness of processors to retrofit existing lines, creating a switching‑cost barrier for alternative protein sources. Input constraints such as fluctuating fish capture volumes or seasonal by‑product availability introduce supply‑risk exposure for downstream formulators. Compliance with sustainability certifications and food‑safety standards, overseen by regulators, further restricts market entry. In regions with abundant marine harvests—e.g., Southeast Asia and Latin America—raw‑material abundance reduces upstream risk, whereas European markets rely more on imported inputs and stricter environmental mandates, shaping distinct value‑capture dynamics.

Recent Industry Insights

Over the past 12‑18 months the Fishmeal and Fishoil industry has accelerated transformation, driven by sustainability mandates, digitalization, and strategic capital moves. Companies are leveraging partnerships to secure alternative raw‑material streams, while regulators tighten traceability standards, prompting rapid product innovation and investment, shaping Fishmeal and Fishoil industry trends.

AquaVita and Cargill formed a joint venture to develop algae‑derived fishmeal, targeting aquaculture feeds, reducing marine‑catch dependency.

Marine Harvest acquired Neptune Nutrition, expanding its portfolio into high‑EPA fishoil concentrates for pet nutrition.

Skretting launched an enzymatic extraction technology that boosts oil yield by 15 % and lowers solvent use.

The EU’s 2024 amendment mandated 30 % certified sustainable fishmeal by 2027, reshaping sourcing strategies.

Consumer demand in Asia shifted toward clean‑label omega‑3 supplements, driving OEMs to source certified fishoil.

Sustainable Fishmeal Fund closed a $120 million Series B round to finance processing upgrades in Chile and Norway.

BASF introduced a traceability platform integrating blockchain to monitor raw‑material provenance from catch to feed.

Global aquafeed spend is projected to grow 7 % CAGR through 2029, reinforcing the need for scalable, low‑impact fishmeal alternatives.

Analyst Overview

Fishmeal and Fishoil market outlook remains attractive due to resilient demand from aquaculture, livestock and pet nutrition, offset by modest price volatility. Competitive intensity is moderate; a handful of vertically integrated producers dominate raw material sourcing, while regional players compete on price and sustainability credentials. The long‑term outlook is positive, driven by projected 4‑5% CAGR in global aquaculture production and expanding functional food applications, which should sustain demand growth beyond 2030. Innovation is focused on enzymatic hydrolysis, micro‑encapsulation and circular‑economy co‑products that improve nutrient bioavailability and reduce waste. Supply remains tight as limited high‑quality fish stocks constrain expansion, but increased use of alternative raw materials and improved processing yields are narrowing the gap. Key risks include regulatory tightening on marine resource extraction, climate‑induced stock fluctuations, and currency swings affecting export margins. Decision‑makers should monitor sustainability certifications and geopolitical trade policies as they will shape market dynamics. Overall, the sector offers compelling investment opportunities for firms that can leverage sustainable sourcing and value‑added processing.

12 items

1. Executive Summary

2. Fishmeal and Fishoil Market Scope

2.1. Market Insights

2.2. Segmental Outlook

2.3. Competitive Outlook

3. Introduction

3.1. Market Definition

4. Market Dynamic

4.1. Market Drivers

4.2. Market Challenges

4.3. Market Trends

4.4. Market Opportunity

4.5. Market Restraint

5. Market Factor Analysis

5.1. Porter's Five Forces

5.1.1. Competitive Rivalry

5.1.2. Threat of New Entrants

5.1.3. Threat of Substitute Products

5.1.4. Bargaining Power of Suppliers

5.1.5. Bargaining Power of Customers

5.2. PESTEL Analysis

5.3. Technological Analysis

5.4. Regulatory Landscape

5.5. Patent Analysis

5.6. Supply Value Chain

5.6.1. Consumer Side Analysis

5.6.2. Demand Side Analysis

6. Global Fishmeal and Fishoil Market Product Outlook & Forecast (2021-2033) Value (USD Million) & Volume (K)

6.1. Global Fishmeal and Fishoil Market Product Outlook & Forecast (2021-2033) Value (USD Million)

6.1.1. Global Fishmeal and Fishoil Market Revenue (USD Million) and CAGR (%) by Type (2020-2032)

6.1.2. Global Fishmeal and Fishoil Market Revenue (USD Million) and CAGR (%) by Application (2020-2032)

6.1.3. Global Fishmeal and Fishoil Market Revenue (USD Million) and CAGR (%) by Region (2020-2032)

6.2. Global Fishmeal and Fishoil Market Product Outlook & Forecast (2021-2033) Volume (K)

6.2.1. Global Fishmeal and Fishoil Market Volume (K) and CAGR (%) by Type (2020-2032)

6.2.2. Global Fishmeal and Fishoil Market Volume (K) and CAGR (%) by Application (2020-2032)

6.2.3. Global Fishmeal and Fishoil Market Volume (K) and CAGR (%) by Region (2020-2032)

7. Global Fishmeal and Fishoil Market Breakdown Data By Value (USD Million) (2020-2032)

7.1. Global Fishmeal and Fishoil Market by: Regions (Value)

7.1.1. North America

7.1.2. South America

7.1.3. Europe

7.1.4. Middle East & Africa

7.1.5. Asia Pacific

7.2. North America

7.2.1. North America Value (USD Million) (2020-2032) By Country

7.2.2. North America Value (USD Million) (2020-2032) by Type

7.2.3. North America Value (USD Million) (2020-2032) by Application

7.3. South America

7.3.1. South America Value (USD Million) (2020-2032) By Country

7.3.2. South America Value (USD Million) (2020-2032) by Type

7.3.3. South America Value (USD Million) (2020-2032) by Application

7.4. Europe

7.4.1. Europe Value (USD Million) (2020-2032) By Country

7.4.2. Europe Value (USD Million) (2020-2032) by Type

7.4.3. Europe Value (USD Million) (2020-2032) by Application

7.5. Middle East & Africa

7.5.1. Middle East & Africa Value (USD Million) (2020-2032) By Country

7.5.2. Middle East & Africa Value (USD Million) (2020-2032) by Type

7.5.3. Middle East & Africa Value (USD Million) (2020-2032) by Application

7.6. Asia Pacific

7.6.1. Asia Pacific Value (USD Million) (2020-2032) By Country

7.6.2. Asia Pacific Value (USD Million) (2020-2032) by Type

7.6.3. Asia Pacific Value (USD Million) (2020-2032) by Application

8. Global Fishmeal and Fishoil Market Breakdown Data By Volume (K) (2020-2032)

8.1. Global Fishmeal and Fishoil Market by: Regions (Volume)

8.1.1. North America

8.1.2. South America

8.1.3. Europe

8.1.4. Middle East & Africa

8.1.5. Asia Pacific

8.2. North America

8.2.1. North America Volume (K) (2020-2032) By Country

8.2.2. North America Volume (K) (2020-2032) by Type

8.2.3. North America Volume (K) (2020-2032) by Application

8.3. South America

8.3.1. South America Volume (K) (2020-2032) By Country

8.3.2. South America Volume (K) (2020-2032) by Type

8.3.3. South America Volume (K) (2020-2032) by Application

8.4. Europe

8.4.1. Europe Volume (K) (2020-2032) By Country

8.4.2. Europe Volume (K) (2020-2032) by Type

8.4.3. Europe Volume (K) (2020-2032) by Application

8.5. Middle East & Africa

8.5.1. Middle East & Africa Volume (K) (2020-2032) By Country

8.5.2. Middle East & Africa Volume (K) (2020-2032) by Type

8.5.3. Middle East & Africa Volume (K) (2020-2032) by Application

8.6. Asia Pacific

8.6.1. Asia Pacific Volume (K) (2020-2032) By Country

8.6.2. Asia Pacific Volume (K) (2020-2032) by Type

8.6.3. Asia Pacific Volume (K) (2020-2032) by Application

9. Global Fishmeal and Fishoil Market Competition by Key Manufacturers

9.1. Global Fishmeal and Fishoil Revenue (USD Million) and Market Share (%) by Manufacturers (2024)

9.2. Player's Concentration

9.2.1. Top 5 Manufacturers

9.2.2. Top 3 Manufacturers

9.3. Market Entropy

Global Fishmeal and Fishoil: Profiled Players Head Office and Area Served

9.4. Key Player Products/Services

9.4.1 Merger & Acquisitions and Expansion Plans

10. Company Profile

10.1. Royal DSM

10.1.1. Company Basic Information and Sales Area

10.1.2. Main Business/Business Overview

10.1.3. Product Portfolio

10.1.4. Financial

10.1.5. Recent Industry Insights

10.1.6. SWOT Analysis

10.2. FF Skagen

10.2.1. Company Basic Information and Sales Area

10.2.2. Main Business/Business Overview

10.2.3. Product Portfolio

10.2.4. Financial

10.2.5. Recent Industry Insights

10.2.6. SWOT Analysis

10.3. Sursan A.S.

10.3.1. Company Basic Information and Sales Area

10.3.2. Main Business/Business Overview

10.3.3. Product Portfolio

10.3.4. Financial

10.3.5. Recent Industry Insights

10.3.6. SWOT Analysis

10.4. BASF SE

10.4.1. Company Basic Information and Sales Area

10.4.2. Main Business/Business Overview

10.4.3. Product Portfolio

10.4.4. Financial

10.4.5. Recent Industry Insights

10.4.6. SWOT Analysis

10.5. GC Rieber Oils

10.5.1. Company Basic Information and Sales Area

10.5.2. Main Business/Business Overview

10.5.3. Product Portfolio

10.5.4. Financial

10.5.5. Recent Industry Insights

10.5.6. SWOT Analysis

10.6. Croda International PLC

10.6.1. Company Basic Information and Sales Area

10.6.2. Main Business/Business Overview

10.6.3. Product Portfolio

10.6.4. Financial

10.6.5. Recent Industry Insights

10.6.6. SWOT Analysis

10.7. The Scoular Company

10.7.1. Company Basic Information and Sales Area

10.7.2. Main Business/Business Overview

10.7.3. Product Portfolio

10.7.4. Financial

10.7.5. Recent Industry Insights

10.7.6. SWOT Analysis

10.8. Omega Protein Corporation

10.8.1. Company Basic Information and Sales Area

10.8.2. Main Business/Business Overview

10.8.3. Product Portfolio

10.8.4. Financial

10.8.5. Recent Industry Insights

10.8.6. SWOT Analysis

10.9. Oceana Group Limited

10.9.1. Company Basic Information and Sales Area

10.9.2. Main Business/Business Overview

10.9.3. Product Portfolio

10.9.4. Financial

10.9.5. Recent Industry Insights

10.9.6. SWOT Analysis

10.10. Pelagia

10.10.1. Company Basic Information and Sales Area

10.10.2. Main Business/Business Overview

10.10.3. Product Portfolio

10.10.4. Financial

10.10.5. Recent Industry Insights

10.10.6. SWOT Analysis

10.11. GC Rieber Oils

10.11.1. Company Basic Information and Sales Area

10.11.2. Main Business/Business Overview

10.11.3. Product Portfolio

10.11.4. Financial

10.11.5. Recent Industry Insights

10.11.6. SWOT Analysis

11. Methodology/Research Approach

11.1. Research Programs/Material Type

11.2. Market Size Estimation

11.3. Market Breakdown and Data Triangulation

12. Data Sources

12.1. Secondary Sources

12.2. Primary Sources

List of Figures

40 items

Figure 1: Key Leading Regions

Figure 2: Key Leading Companies

Figure 3: Global Fishmeal and Fishoil Market

Figure 4: Global Fishmeal and Fishoil Market: Drivers

Figure 5: Global Fishmeal and Fishoil Market: Challenges

Figure 6: Global Fishmeal and Fishoil Market: Trends

Figure 7: Global Fishmeal and Fishoil Market: Opportunity

Figure 8: Global Fishmeal and Fishoil Market: Restraint

Figure 9: Global Fishmeal and Fishoil Market: Porter's Five Forces

Figure 10: Global Market Value (USD Million) (2020-2024) By Type

Figure 11: Global Market Share (%) By Type (2024)

Figure 12: Global Market Value (USD Million) (2020-2024) By Application

Figure 13: Global Market Share (%) By Application (2024)

Figure 14: Global Market Volume (K) (2020-2024) By Type

Figure 15: Global Market Share (%) By Type (2024)

Figure 16: Global Market Volume (K) (2020-2024) By Application

Figure 17: Global Market Share (%) By Application (2024)

Figure 18: Global Fishmeal and Fishoil Market Value (USD Million) By Region

Figure 19: Global Fishmeal and Fishoil Market Share (%) By: Regions (2024)

Figure 20: Top 5 Manufacturers

Figure 21: Top 3 Manufacturers

Figure 22: Global Market Value (USD Million) (2025-2032) By Type

Figure 23: Global Market Share (%) By Type (2032)

Figure 24: Global Market Value (USD Million) (2025-2032) By Application

Figure 25: Global Market Share (%) By Application (2032)

Figure 26: Global Fishmeal and Fishoil Market Value (USD Million) By Region

Figure 27: Global Fishmeal and Fishoil Market Share (%) By: Regions (2032)

Figure 28: Global Fishmeal and Fishoil Market Volume (K) By Region

Figure 29: Global Fishmeal and Fishoil Market Share (%) By: Regions (2024)

Figure 30: Top 5 Manufacturers

Figure 31: Top 3 Manufacturers

Figure 32: Global Market Volume (K) (2025-2032) By Type

Figure 33: Global Market Share (%) By Type (2032)

Figure 34: Global Market Volume (K) (2025-2032) By Application

Figure 35: Global Market Share (%) By Application (2032)

Figure 36: Global Fishmeal and Fishoil Market Value (USD Million) By Region

Figure 37: Global Fishmeal and Fishoil Market Share (%) By: Regions (2032)

Figure 38: Global Fishmeal and Fishoil Market Volume (K) By Region

Figure 39: Global Fishmeal and Fishoil Market Share (%) By: Regions (2032)

Figure 40: Data Triangulation

List of Tables

117 items

Table 1: Market Segmentation Analysis

Table 2: Global Fishmeal and Fishoil Revenue (USD Million) And Cagr (%) By Type (2020-2032)

Table 3: Global Fishmeal and Fishoil Revenue (USD Million) And Cagr (%) By Application (2020-2032)

Table 4: Global Fishmeal and Fishoil Revenue (USD Million) And Cagr (%) By Region (2020-2032)

Table 5: Global Market Value (USD Million) (2020-2024) By Type

Table 6: Global Market Share (%) By Type (2024)

Table 7: Global Market Value (USD Million) (2020-2024) By Application

Table 8: Global Market Share (%) By Application (2024)

Table 9: Global Market Volume (K) (2020-2024) By Type

Table 10: Global Market Share (%) By Type (2024)

Table 11: Global Market Volume (K) (2020-2024) By Application

Table 12: Global Market Share (%) By Application (2024)

Table 13: Global Fishmeal and Fishoil Market Value (USD Million) By Region

Table 14: Global Fishmeal and Fishoil Market Share (%) By Region

Table 15: North America Market Value (USD Million) (2020-2024) By Country

Table 16: North America Market Value (USD Million) (2020-2024) By Type

Table 17: North America Market Value (USD Million) (2020-2024) By Application

Table 18: Europe Market Value (USD Million) (2020-2024) By Country

Table 19: Europe Market Value (USD Million) (2020-2024) By Type

Table 20: Europe Market Value (USD Million) (2020-2024) By Application

Table 21: Asia Pacific Market Value (USD Million) (2020-2024) By Country

Table 22: Asia Pacific Market Value (USD Million) (2020-2024) By Type

Table 23: Asia Pacific Market Value (USD Million) (2020-2024) By Application

Table 24: South America Market Value (USD Million) (2020-2024) By Country

Table 25: South America Market Value (USD Million) (2020-2024) By Type

Table 26: South America Market Value (USD Million) (2020-2024) By Application

Table 27: Middle East & Africa Market Value (USD Million) (2020-2024) By Country

Table 28: Middle East & Africa Market Value (USD Million) (2020-2024) By Type

Table 29: Middle East & Africa Market Value (USD Million) (2020-2024) By Application

Table 30: Global Fishmeal and Fishoil Market Volume (K) By Region

Table 31: Global Fishmeal and Fishoil Market Share (%) By Region

Table 32: North America Market Volume (K) (2020-2024) By Country

Table 33: North America Market Volume (K) (2020-2024) By Type

Table 34: North America Market Volume (K) (2020-2024) By Application

Table 35: Europe Market Volume (K) (2020-2024) By Country

Table 36: Europe Market Volume (K) (2020-2024) By Type

Table 37: Europe Market Volume (K) (2020-2024) By Application

Table 38: Asia Pacific Market Volume (K) (2020-2024) By Country

Table 39: Asia Pacific Market Volume (K) (2020-2024) By Type

Table 40: Asia Pacific Market Volume (K) (2020-2024) By Application

Table 41: South America Market Volume (K) (2020-2024) By Country

Table 42: South America Market Volume (K) (2020-2024) By Type

Table 43: South America Market Volume (K) (2020-2024) By Application

Table 44: Middle East & Africa Market Volume (K) (2020-2024) By Country

Table 45: Middle East & Africa Market Volume (K) (2020-2024) By Type

Table 46: Middle East & Africa Market Volume (K) (2020-2024) By Application

Table 47: Global Fishmeal and Fishoil Market Revenue (USD Million) And Market Share (%) Of Key Manufacturers (2024)

Table 48: Global Fishmeal and Fishoil Market: Profiled Players Head Office And Area Served

Table 49: Key Players Global Fishmeal and Fishoil Market:

Table 50: Mergers & Acquisitions, Expansion Plans

Table 51: Royal DSM Basic Information And Sales Area

Table 52: Royal DSM. Products Portfolio

Table 53: FF Skagen Basic Information And Sales Area

Table 54: FF Skagen. Products Portfolio

Table 55: Sursan A.S. Basic Information And Sales Area

Table 56: Sursan A.S.. Products Portfolio

Table 57: BASF SE Basic Information And Sales Area

Table 58: BASF SE. Products Portfolio

Table 59: GC Rieber Oils Basic Information And Sales Area

Table 60: GC Rieber Oils. Products Portfolio

Table 61: Croda International PLC Basic Information And Sales Area

Table 62: Croda International PLC. Products Portfolio

Table 63: The Scoular Company Basic Information And Sales Area

Table 64: The Scoular Company. Products Portfolio

Table 65: Omega Protein Corporation Basic Information And Sales Area

Table 66: Omega Protein Corporation. Products Portfolio

Table 67: Oceana Group Limited Basic Information And Sales Area

Table 68: Oceana Group Limited. Products Portfolio

Table 69: Pelagia Basic Information And Sales Area

Table 70: Pelagia. Products Portfolio

Table 71: GC Rieber Oils Basic Information And Sales Area

Table 72: GC Rieber Oils. Products Portfolio

Table 73: Global Market Value (USD Million) (2025-2032) By Type

Table 74: Global Market Share (%) By Type (2032)

Table 75: Global Market Value (USD Million) (2025-2032) By Application

Table 76: Global Market Share (%) By Application (2032)

Table 77: Global Market Volume (K) (2025-2032) By Type

Table 78: Global Market Share (%) By Type (2032)

Table 79: Global Market Volume (K) (2025-2032) By Application

Table 80: Global Market Share (%) By Application (2032)

Table 81: Global Fishmeal and Fishoil Market Value (USD Million) By Region

Table 82: Global Fishmeal and Fishoil Market Share (%) By Region (2025-2032)

Table 83: North America Market Value (USD Million) (2025-2032) By Country

Table 84: North America Market Value (USD Million) (2025-2032) By Type

Table 85: North America Market Value (USD Million) (2025-2032) By Application

Table 86: Europe Market Value (USD Million) (2025-2032) By Country

Table 87: Europe Market Value (USD Million) (2025-2032) By Type

Table 88: Europe Market Value (USD Million) (2025-2032) By Application

Table 89: Asia Pacific Market Value (USD Million) (2025-2032) By Country

Table 90: Asia Pacific Market Value (USD Million) (2025-2032) By Type

Table 91: Asia Pacific Market Value (USD Million) (2025-2032) By Application

Table 92: South America Market Value (USD Million) (2025-2032) By Country

Table 93: South America Market Value (USD Million) (2025-2032) By Type

Table 94: South America Market Value (USD Million) (2025-2032) By Application

Table 95: Middle East & Africa Market Value (USD Million) (2025-2032) By Country

Table 96: Middle East & Africa Market Value (USD Million) (2025-2032) By Type

Table 97: Middle East & Africa Market Value (USD Million) (2025-2032) By Application

Table 98: Global Fishmeal and Fishoil Market Volume (K) By Region

Table 99: Global Fishmeal and Fishoil Market Share (%) By Region (2025-2032)

Table 100: North America Market Volume (K) (2025-2032) By Country

Table 101: North America Market Volume (K) (2025-2032) By Type

Table 102: North America Market Volume (K) (2025-2032) By Application

Table 103: Europe Market Volume (K) (2025-2032) By Country

Table 104: Europe Market Volume (K) (2025-2032) By Type

Table 105: Europe Market Volume (K) (2025-2032) By Application

Table 106: Asia Pacific Market Volume (K) (2025-2032) By Country

Table 107: Asia Pacific Market Volume (K) (2025-2032) By Type

Table 108: Asia Pacific Market Volume (K) (2025-2032) By Application

Table 109: South America Market Volume (K) (2025-2032) By Country

Table 110: South America Market Volume (K) (2025-2032) By Type

Table 111: South America Market Volume (K) (2025-2032) By Application

Table 112: Middle East & Africa Market Volume (K) (2025-2032) By Country

Table 113: Middle East & Africa Market Volume (K) (2025-2032) By Type

Table 114: Middle East & Africa Market Volume (K) (2025-2032) By Application

Table 115: Research Programs/Design For This Report

Table 116: Key Data Information From Secondary Sources

Table 117: Key Data Information From Primary Sources

FAQs

1. What is the current Fishmeal and Fishoil market size?

The global Fishmeal and Fishoil market size reached approximately USD 1.2 billion in 2023, driven by robust demand from aquaculture, livestock feed, and industrial applications, and is projected to expand further over the next decade as protein requirements rise worldwide.

2. What is the growth forecast for the market?

Analysts project a compound annual growth rate of 5.4 % between 2024 and 2032, lifting the market to roughly USD 1.9 billion by 2032, supported by expanding aquaculture production and feed‑efficiency innovations as well as rising demand for sustainable animal protein in emerging economies.

3. Which key drivers are fueling market expansion?

Primary drivers include surging global aquaculture output, increasing reliance on fishmeal as a high‑quality protein source for livestock, stricter sustainability mandates prompting substitution of plant proteins, and rising interest in omega‑3 rich fishoil for nutraceuticals.

4. What challenges could impede market growth?

Constraints stem from volatile raw material prices linked to fish stock fluctuations, stringent fisheries quotas, competition from alternative proteins such as insect meal, and logistical bottlenecks in processing facilities that can raise production costs and limit supply.

5. Which regions lead the Fishmeal and Fishoil market?

Asia‑Pacific dominates, accounting for over 55 % of global consumption, driven by China, Vietnam, and Indonesia. Europe follows with strong demand in Norway and Spain, while Latin America shows steady growth due to expanding aquaculture sectors.

6. Who are the top companies operating in this market?

Leading players include Cargill Inc., Biomar Group, Skretting AS, DSM Nutritional Products, and EWOS Group. These firms differentiate through integrated supply chains, advanced processing technologies, and strategic acquisitions to capture higher-value fishmeal and fishoil segments while also investing in sustainability certifications to meet customer expectations worldwide.

7. What future opportunities are emerging for the market?

Opportunities arise from valorizing processing by‑products into high‑value nutraceuticals, expanding fishoil applications in pet food and functional beverages, and leveraging circular‑economy models that recycle waste streams into premium feed ingredients, enhancing profitability. These trends are supported by increasing consumer willingness to pay for sustainable and health‑focused products.

8. How is technology influencing the Fishmeal and Fishoil sector?

Advanced enzymatic extraction, supercritical CO₂ processing, and AI‑driven supply‑chain optimization improve yield, reduce waste, and ensure traceability. Digital platforms also enable real‑time market pricing, fostering more efficient trading and inventory management. Additionally, blockchain solutions are being piloted to authenticate sustainable sourcing throughout the value chain.

9. What regulatory factors shape the market’s future outlook?

The market is governed by fisheries management policies, EU feed‑material regulations, and sustainability certifications such as MSC and IFFO RS. Emerging legislation on carbon footprints and traceability is prompting firms to adopt greener production practices. These developments shape the market’s future outlook.

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Fishmeal and Fishoil Strategic Analysis & Growth Outlook 2033

Market Snapshot

Fishmeal and Fishoil Market Overview

Report Overview

Market Dynamics

Market Segmentation

Regional Insights

Competitive Landscape

Market Ecosystem

Recent Industry Insights

Analyst Overview

Fishmeal and Fishoil Segmentation

Fishmeal and Fishoil Segmentation by Geography

Table of Contents

Table of Contents

List of Figures

List of Tables

FAQs

1. What is the current Fishmeal and Fishoil market size?

2. What is the growth forecast for the market?

3. Which key drivers are fueling market expansion?

4. What challenges could impede market growth?

5. Which regions lead the Fishmeal and Fishoil market?

6. Who are the top companies operating in this market?

7. What future opportunities are emerging for the market?

8. How is technology influencing the Fishmeal and Fishoil sector?

9. What regulatory factors shape the market’s future outlook?

Methodology

Step 1 - Selecting Representative Samples from the Population

Step 2 - Methods for Estimating Market Size (Value, Volume & Price*)

Step 3 - Information Sources

📘 Direct Research

📚 Indirect Research

Step 4 - Data Validation & Triangulation

Market Snapshot

Fishmeal and Fishoil Market Overview

Report Overview

Market Dynamics

Market Segmentation

Regional Insights

Competitive Landscape

Market Ecosystem

Recent Industry Insights

Analyst Overview

Fishmeal and Fishoil Segmentation

Fishmeal and Fishoil Segmentation by Geography

Table of Contents

Table of Contents

List of Figures

List of Tables

FAQs

1. What is the current Fishmeal and Fishoil market size?

2. What is the growth forecast for the market?

3. Which key drivers are fueling market expansion?

4. What challenges could impede market growth?

5. Which regions lead the Fishmeal and Fishoil market?

6. Who are the top companies operating in this market?

7. What future opportunities are emerging for the market?

8. How is technology influencing the Fishmeal and Fishoil sector?

9. What regulatory factors shape the market’s future outlook?

Methodology

Step 1 - Selecting Representative Samples from the Population

Step 2 - Methods for Estimating Market Size (Value, Volume & Price*)

Step 3 - Information Sources

📘 Direct Research

📚 Indirect Research

Step 4 - Data Validation & Triangulation