Flame Dried (FD) Fishmeal is a calorically dense commercial product made from whole wild-caught fish, bycatch, and fish byproducts
Market Overview
Primary applications in animal feed for pigs, poultry, and aquaculture industries
Experiencing steady growth despite challenges in raw material availability
Driven by expanding aquaculture sector and increasing awareness of nutritional benefits
Market Value & Growth Projections
Market Statistics:
2023: USD 3,530 million
2032 Projection: USD 5,111.92 million
Global CAGR: 4.20% (2023-2032)
North America Market: USD 987.24
Million in 2023
North America CAGR: 3.60%(2024-2032)
Key Market Drivers:
Growth of aquaculture industry
Increasing consumer awareness of nutritional benefits
Emerging applications (pet food industry)Expansion in emerging economies
Sustainability initiatives
Trend toward organic animal feed
Market Segmentation
By Type
By Application
Whole Fish Meal
Semi-skimmed Fish Meal
Defatted Fish Meal
Aquaculture Feed
Poultry Feed
Pig Feed
Ruminant Feed
Pet Food
Other Applications
Key Market Players
Austevoll
North America:
USD 987.24M (2023), 3.60% CAGR;
Regional Market Analysis
Key players: TASA, FF Skagen, Diamante
Europe: Significant market presence;
Key countries: Germany, UK, France, Italy;
Asia-Pacific:
High growth potential;
Key countries: China, Japan, India
Middle East & Africa: Growing interest;
Key countries: Saudi Arabia, UAE, South
Africa
South America:
Expanding market;
Key countries: Brazil, Argentina
