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Europe Marine Ingredients Market – Industry Trends and Forecast to 2028

  • Food & Beverage
  • Upcoming Report
  • Oct 2021
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Europe Marine Ingredients Market, By Product Type (Fish Meal, Fish Oil, Marine Proteins, Marine Peptides, Marine Collagen, Fish Bone, Others), Ingredients (Protein, Ash, Fatty Acids, Vitamins, Fat, Enzymes, Others), Form (Liquid, Powder), Raw Material (Whole Fish, By-Product), Source (Krill, Algae, Fish, Squid, Others), Application (Animal and Aquaculture Feed, Pet Food, Dietary Supplements, Food and Beverages, Pharmaceutical, Personal Care and Cosmetics, Others), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe) Industry Trends and Forecast to 2028.

Europe Marine Ingredients Market Market Analysis and Insights: Europe Marine Ingredients Market

The marine ingredients market is expected to witness market growth at a rate of 7.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on marine ingredients market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of functional food sector is escalating the growth of marine ingredients market.

Marine ingredients refer to the type of ingredients that are generally extracted from various types of marine species. These species are known to be inhabitants of water bodies such as river-sea, ocean, lake and pond. The marine ingredients are obtained by a variety of fishes such as algae, squid, krill and fishes. These ingredients are known to be highly rich in nutrition that are obtained by a variety of fishes such as hoki, cod, sandeel, herring, salmon, tuna, trout, and jack mackerel, among others.

The increase in the health consciousness across the region acts as one of the major factors driving the growth of marine ingredients market. The high focus on extracting the high protein contents and enhancing the nutritional value of food, ash as a crucial marine ingredient, and rise in number of people suffering from chronic illnesses accelerate the market growth. The growing aquaculture by manufacturers as a means to produce more by-products from farmed species, and surge in pharmaceutical and nutraceutical application of marine ingredients further influence the market. Additionally, surge in disposable income, growth in awareness regarding the benefits of the product, rise in social acceptance and surge in disposable income positively affect the marine ingredients market. Furthermore, advancements in the ingredients and processing extend profitable opportunities to the market players in the forecast period of 2021 to 2028.

On the other hand, fluctuation in the availability of raw material is expected to obstruct the market growth. The presence of stringent regulations is projected to challenge the marine ingredients market in the forecast period of 2021 to 2028.

This marine ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on marine ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Europe Marine Ingredients Market Scope and Market Size

The marine ingredients market is segmented on the basis of product type, ingredients, form, raw material, source and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of product type, the marine ingredients market is segmented into fish meal, fish oil, marine proteins, marine peptides, marine collagen, fish bone and others.
  • On the basis of ingredients, the marine ingredients market is segmented into protein, ash, fatty acids, vitamins, fat, enzymes and others.
  • On the basis of form, the marine ingredients market is segmented into liquid and powder.
  • On the basis of raw material, the marine ingredients market is segmented into whole fish and by-product.
  • On the basis of source, the marine ingredients market is segmented into krill, algae, fish, squid and others.
  • On the basis of application, the marine ingredients market is segmented into animal and aquaculture feed, pet food, dietary supplements, food and beverages, pharmaceutical, personal care and cosmetics and others.

Europe Marine Ingredients Market Country Level Analysis

The marine ingredients market is analyzed and market size, volume information is provided by country, product type, ingredients, form, raw material, source and application as referenced above.    

The countries covered in the Europe marine ingredients market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.

Germany dominates the Europe marine ingredients market due to the growth in awareness regarding the products within the region. 

The country section of the marine ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Europe Marine Ingredients Market Share Analysis

The marine ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to marine ingredients market.

The major players covered in the marine ingredients market report are Cargill, Incorporated, Symrise, KD Pharma Group, Omega Protein Corporation, Abyss Ingredients, Algaia, American Seafoods Company LLC, Bio-marine Ingredients Ireland Ltd., COBIOSA, Gonmisol, Hofseth BioCare, Kodiak Fishmeal Company, Nutrifish, OLVEA, Pacific Seafood, Pelagia AS, TerraMar Ingredients, Sea Pride LLC, The Scoular Company, and Vesteraalens AS, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Europe Marine Ingredients Market is projected to grow at a CAGR of 7.4% during the forecast period by 2028.
On the basis of application, the Europe Marine Ingredients Market is segmented into animal and aquaculture feed, pet food, dietary supplements, food and beverages, pharmaceutical, personal care and cosmetics and others.
The major players in the Europe Marine Ingredients Market are Cargill, Incorporated, Symrise, KD Pharma Group, Omega Protein Corporation, Abyss Ingredients, Algaia, American Seafoods Company LLC, Bio-marine Ingredients Ireland Ltd., etc.
Germany dominates the Europe marine ingredients market during the forecast period by 2028.
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