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Marine Ingredients Market – Consumers’ Demand for Extra Nutrition to Uphold Sales

Marine ingredients are gaining the desired traction and are resonating with the consumer preferences, in light of their rare essential constituents. Demand for unique protein and fat content outside of their daily routine is increasingly setting eyes of consumers upon marine ingredients. However, the unbridged gap between the demand and supply ascending from the limited production of fishmeal and significant impact on exports with El Niño climate patterns lead to fluctuations in fishmeal prices, which has offered a center stage to the marine ingredients substitutes.

global marine ingredients market

Marine Ingredients Market: Opportunities in ‘Infant Food’ Favor Gains

Buzz for organic foods and beverages can be seen in the Western markets excluding Latin America, where both large and small players are expending heavily in their production structure to get ‘organic’ and ‘antibiotic-free’ certified - our recent report finds that the marine ingredients market grew in excess of the CAGR 4.5% between 2013 and 2018 and is anticipated to advance at a rate closing in on 5.5% over the course of the forecast period.

Trends of adopting organic products over conventional ones as witnessed among the health aspirant demography are likely to come into play in helping the marine ingredients market march towards new records. Marine ingredients have to face-off only their partial substitutes, owing to their nutrient competent profile, which displays their monopoly as a rich-source of protein and paves way for their applications in the animal feed industry.

The marine ingredients market is significantly governed by the aquaculture manufacturers but crucial segments in the market are the health-driven marine ingredients - animal and pet foods and pharmaceutical industry; there is enormous growth potential for the nascent segment of marine ingredients enriched infant formula over the course of the forecast period.

A shift from animal nutrition to human health will also contribute towards steering the marine ingredients market towards record-breaking levels. Although the pharmaceutical and nutraceutical application of marine ingredients is specifically targeted at extracting the high protein contents and enhancing the nutritional value of food, ash as a crucial marine ingredient possesses impressive potential in the animal feed industry, in light of its effectiveness in feed intake and gut digestibility.

Since end-user industries leverage marine ingredients as an additive to their products, powdered marine ingredients acquire a majority of the market share. However, the emergence of liquid marine ingredients has been gaining them grounds and creating a favorable growth scenario. With the ever-growing demand for marine ingredients from numerous end-use industries, manufacturers are reliant on growing aquaculture as a means to produce more by-products from farmed species.

Marine Ingredients Market – Growing Focus on Clean Label and Sustainability

The marine ingredients market is characterized by its fragmented nature with a number of multinational, regional, and local players. The multinational players enjoy a well-established position and acquire a sizeable share of over 40% of the marine ingredients market. However, on a regional level, the marine ingredients market remains under the influence of regional players procuring a share of over 35% and local players securing a share of over 20%. Marine ingredients companies are heavily investing in research and development activities to develop precautionary cure as a high frequency of diseases affect species like shrimp and tilapia and adversely impact the aquaculture businesses.

With the rising resonance of consumers for organic marine ingredients, multinational players and new entrants are heavily expending in their production structure to get ‘organic’ certified. As the aquaculture landscape is crowding at a rapid pace, key players leverage branding and labelling activities as a means to appeal to consumers and secure a significant position in the marine ingredients market.

Marine Ingredients Market – Geographical Expansion Remains a Key Strategy

The multinational players foresee enormous growth potential in Asia Pacific and Europe region, owing to which they partner with other companies operating in the marine ingredients market to develop new product lines or expand their geographic reach. For example, in March 2019, Cargill Incorporated - a player operating in marine ingredients market, joined forces with Archer Daniels Midland Company (ADM) to launch Grainbridge LLC. The aim behind the launch of this joint venture is to develop digital tools that compile information on grain marketing initiatives, eCommerce, and economies to farmers based in North America.

Around the same time, Sopropeche S.A., a France-based company operating in the marine ingredients market received an ISO 9001:2015 certification that speaks highly of its quality management. The new certification obtained by the company other than GMP +, MSC, and ASC is aimed at offering quality products to its customers. However, the strategies adopted by local players functioning in marine ingredients market is different from their global-level competitors.

The local players are increasingly seeking partnership with institutional capitals and multinational players, which serves as an instrumental to their leaps in the marine ingredients market. Additionally, the regional and small players also participate in events and trade fair to present their marine ingredients product competency. For example, in March 2019, Titan Biotech Limited participated in the China International Agrochemical and Corp Protection Exhibition (CAC) to strengthen its customer base by showcasing the capability of its products. Currently, the competition prevailing in the marine ingredients market is of high grade, and keeping in mind the absence of 100% substitutes and widening scope of applications in numerous industries, the marine ingredients market is likely to intensify in the upcoming years.

Analysts’ Viewpoint of the Marine Ingredients Market

Growth of the marine ingredients market is predicted to remain sustained as the trends of consuming seafood has been on a rise, which has led to an increase in fish by-products. With the advent of gateway leading to the production of fishmeal, even the by-products are being utilized, which are gaining grounds as cost-effective alternatives of the whole fish. Companies operating in the marine ingredients market are realizing the full potential of their capabilities by investing in new technologies and launching solutions to cater to the specific demand of end-users and gaining conversions. With effective brand positioning and marketing campaigns directed towards educating the consumers, marine ingredients will acquire the front shelves in the distribution channels. Additionally, stringency in the laws advocating the manufacturers and suppliers of marine ingredients to be transparent in determining the source of their products, will further appeal consumers falling for the trends of ‘organic’ products.


Marine Ingredients Market - Report Description

A recent report published by Transparency Market Research (TMR) lends an incisive outlook of the marine ingredients market for the forecast period 2019-2027. The study provides detailed insights into the future growth avenues by assessing the drivers, restraints, opportunities, and threats encircling the marine ingredients market.

The study gauges the performance of the marine ingredients market and provides actionable intelligence to the readers so that they can develop strong growth strategies and sustain their positions. The study provides significant indicator assessment to determine the growth potential of the marine ingredients market and predicts statistics regarding the development of the marine ingredients market in terms of volume (MT) and value (US$ Mn).

In this study, readers can get access to exclusive information about the sales of marine ingredients in different regions.

The report also includes the demand and sales of marine ingredients market to make it comprehensible for the readers.

TMR’s study provides detailed data about the section-wise trends shaping the marine ingredients market. The information regarding the Y-o-Y growth of the marine ingredients market, supply chain assessment, value chain analysis, and pricing analysis are included in this comprehensive study.

Key Questions Answered in the Marine Ingredients Market Report

The study lends a detailed outlook of the marine ingredients market on the basis of macro as well as microeconomic factors. The information highlighted in the marine ingredients market study can answer salient questions, so as to arm the readers with key insights. Some of the questions answered include:

  • What is the region-wise marine ingredients market outlook?
  • What are the key dynamics influencing the marine ingredients market?
  • How is the regulatory framework in the marine ingredients market?
  • How are the investment trends around the globe in the marine ingredients market?
  • Which are the significant macroeconomic indicators influencing the marine ingredients market?
  • Which are the key segments of the marine ingredients market on the basis of the value?
  • What strategies are adopted by the players operating in the marine ingredients market?

Marine Ingredients Market - Research Methodology

Transparency Market Research follows a robust methodology for extracting key insights into the marine ingredients market. The employed methodology depends on the use of the standard structure of the marine ingredients marketand definitions that are based on the inputs of local sources based in North America, Latin America, the Middle East and Africa, Japan, APEJ, and Europe. All the key statistics, variances, and characteristics are collected at the regional level and aggregated to estimate the global value of the marine ingredients market. Both primary as well as secondary sources are contacted to verify the information that is used to predict the growth trajectory of the marine ingredients market.

TMR uses a regional average pricing methodology aggregated at retail prices for consumer-based products and wholesale prices for B2B products. In order to understand the competitive landscape of the marine ingredients market, company insights, product offerings, recent developments, marketing, expansion strategy, and similar information are extracted.

Key Segments of the Marine Ingredients Market

The report on marine ingredients market published by Transparency Market Report (TMR) bifurcates the information into five categories including product type, form, end use, ingredient and region. These sections will help the readers understand the impact of dynamics and evolving trends in the marine ingredients market.


  • North America
  • Latin America
  • Europe
  • MEA
  • APAC


  • Powder
  • Liquid

Product Type

  • Fish Meal
  • Fish Oil
  • Others (marine protein, peptides, etc.)


  • Protein
  • Ash
  • Fatty Acids
  • Others (vitamins, enzymes, etc.)

End Use

  • Poultry Feed
  • Aquaculture
  • Animal/Pet Food
  • Food & Beverage
  • Sports Nutrition & Dietary Supplement
  • Infant Formula
  • Pharmaceuticals
  • Cosmetic & Personal Care
  • Others (fertilizers, emulsion, etc.)

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Marine Ingredients Market