Middle East & Africa Marine Ingredients Market to 2032
Overview
The Middle East & Africa Marine Ingredients Market is expected to reach a 983.02 USD Million by 2032 and is projected to grow at a CAGR of 10.63% from 2025 to 2032.
Revenue, 2024 (USD Million)
524.80
Forecast, 2032 (USD Million)
983.02
CAGR, 2024 - 2032
10.63%
Report Coverage
Middle East & Africa
Middle East & Africa Marine Ingredients Market 2018-2032 USD Million
Middle East & Africa Marine Ingredients Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 524.80 USD Million
- Projected Market Size (2032): 983.02 USD Million
- CAGR (2025-2032): 10.63%
Key Findings of Middle East & Africa Marine Ingredients Market
- The Middle East & Africa Marine Ingredients Market was valued at 524.80 USD Million in 2024.
- The Middle East & Africa Marine Ingredients Market is likely to grow at a CAGR of 10.63% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Powder in Form Segment accounted for the largest share of the market with a revenue of 405.62 USD Million
- The fastest growing segment Pet Food in Application Segment grew Fastest with a CAGR of 11.73% during the forecast period from 2024 to 2032.
Middle East & Africa Marine Ingredients Market Scope
Middle East & Africa Marine Ingredients Market Segmentation & Scope
Source
- Squid
- Others
- Krill
- Algae
- Fish
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Form
- Liquid
- Powder
Raw Material
- By-product
- Whole Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Middle East & Africa Marine Ingredients Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 524.80 USD Million |
| Market Value in 2032 | 983.02 USD Million |
| CAGR (2025-2032) | 10.63% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Source,Application,Ingredient,Form,Raw Material,Product Type |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 524.80 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 168.22 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Marine Ingredients Market to 2032, By Source
- Fish is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 310.15 USD Million in the year 2024.
- Fish is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 11.17 % in forecast period 2025-2032.
-
Middle East & Africa Marine Ingredients Market to 2032, By Application
- Animal and Aquaculture Feed is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 214.07 USD Million in the year 2024.
- Pet Food is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 10.02 % in forecast period 2025-2032.
-
Middle East & Africa Marine Ingredients Market to 2032, By Ingredient
- Protein is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 269.08 USD Million in the year 2024.
- Protein is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 11.50 % in forecast period 2025-2032.
-
Middle East & Africa Marine Ingredients Market to 2032, By Form
- Powder is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 405.62 USD Million in the year 2024.
- Liquid is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 10.46 % in forecast period 2025-2032.
-
Middle East & Africa Marine Ingredients Market to 2032, By Raw Material
- Whole Fish is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 382.53 USD Million in the year 2024.
- By-product is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 10.47 % in forecast period 2025-2032.
-
Middle East & Africa Marine Ingredients Market to 2032, By Product Type
- Fish Meal is the largest segment in Middle East & Africa Marine Ingredients Market to 2032 with a revenue of 308.23 USD Million in the year 2024.
- Fish Oil is the Fastest growing segment in Middle East & Africa Marine Ingredients Market to 2032 with a Growth rate of 10.68 % in forecast period 2025-2032.
Middle East & Africa Marine Ingredients Market Company Share Analysis
Middle East & Africa Marine Ingredients Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa Marine Ingredients Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Marine Ingredients Market is segmented based on Segmentation Source,Application,Ingredient,Form,Raw Material,Product Type.
Middle East & Africa Marine Ingredients Market was valued at USD 524.80(Revenue in USD Million) in 2022.
Middle East & Africa Marine Ingredients Market is projected to grow at a CAGR of 10.63% during the forecast period of 2024 to 2032.
The Powder segment is expected to dominate the Middle East & Africa Marine Ingredients Market , holding a largest market share of 405.62 USD Million in 2024
Middle East & Africa Marine Ingredients Market Scope
Middle East & Africa Marine Ingredients Market Segmentation & Scope
Source
- Squid
- Others
- Krill
- Algae
- Fish
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Form
- Liquid
- Powder
Raw Material
- By-product
- Whole Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Frequently Asked Questions
The Middle East & Africa Marine Ingredients Market is segmented based on Segmentation Source,Application,Ingredient,Form,Raw Material,Product Type.
Middle East & Africa Marine Ingredients Market was valued at USD 524.80(Revenue in USD Million) in 2022.
Middle East & Africa Marine Ingredients Market is projected to grow at a CAGR of 10.63% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Marine Ingredients Market for final year is USD 983.02 (USD Million).
Middle East & Africa Marine Ingredients Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Marine Ingredients Market is segmented based on Segmentation Source,Application,Ingredient,Form,Raw Material,Product Type.
Middle East & Africa Marine Ingredients Market was valued at USD 524.80(Revenue in USD Million) in 2022.
Middle East & Africa Marine Ingredients Market is projected to grow at a CAGR of 10.63% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Marine Ingredients Market for final year is USD 983.02 (USD Million).
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