Steam Dried Fishmeal Market Revenue was valued at USD 3.5 Billion in 2024 and is estimated to reach USD 5.9 Billion by 2033, growing at a CAGR of 6.2% from 2026 to 2033.
The global steam dried fishmeal market has experienced steady growth, driven by the increasing demand for high quality protein sources in animal nutrition, particularly within the aquaculture sector. In 2022, the market was valued at approximately USD 2.15 billion and is projected to reach USD 3.59 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030. This growth is attributed to the rising global population and the subsequent increase in meat and seafood consumption, which has surged the demand for efficient feed ingredients such as fishmeal. Regionally, the Asia Pacific region dominates the steam dried fishmeal market, accounting for 35% of global revenue in 2023. This leadership position is driven by extensive aquaculture activities in countries like China, India, and Vietnam, which are among the largest producers and consumers of fishmeal. The robust growth in aquaculture, coupled with increasing meat and seafood consumption, supports the regions market dominance. North America and Europe also represent significant markets, with North America accounting for 22% and Europe 18% of global revenue in 2023. The growing demand for high quality animal feed and pet food products fuels the market in these regions. Latin America and the Middle East & Africa are emerging as promising markets, with Latin America holding 12% and the Middle East & Africa 13% of the global fishmeal market revenue in 2023, driven by the expansion of aquaculture and livestock industries.
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Archer Daniels Midland
Bluestar Adisseo
Cargill
TASA
Diamante
Austevoll Seafood ASA
Cop Inc
Corpesca SA
Omega Protein
Coomarpes
Archer Daniels Midland
Cermaq
FF Skagen
Austral
Kodiak Fishmeal
Havsbrun
Hayduk
Exalmar
Strel Nikova
Nissui
Iceland Pelagic
Daybrook
Rongcheng Blue Ocean Marine Bio
Hisheng Feeds
Chishan Group
Dalian Longyuan Fishmeal
Fengyu Halobios
Hainan Fish Oil&Fish Meal
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Steam Dried Fishmeal Market
Aquaculture
Pet Food
Animal Feed
Human Consumption
Processed Food Products
Fish Species
Catch Method
High Protein
Low Ash Content
Fat Levels
Amino Acid Profile
Powdered Fishmeal
Pelleted Fishmeal
Liquid Fishmeal
Direct Sales
Wholesale
E-commerce
Retail Outlets
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Steam Dried Fishmeal Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Steam Dried Fishmeal Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Steam Dried Fishmeal Market, By Type
6. Global Steam Dried Fishmeal Market, By Application
7. Global Steam Dried Fishmeal Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Steam Dried Fishmeal Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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