- Marine ingredients, which are derived from marine sources such as fish, algae, and crustaceans, are increasingly vital components in various industries, including food and beverage, animal feed, nutraceuticals, and pharmaceuticals, due to their rich nutritional profiles, functional properties, and growing recognition as sustainable alternatives
- The escalating demand for marine ingredients is primarily fueled by the rising consumer awareness of health and wellness, the increasing adoption of sustainable and natural ingredients in various applications, and the expanding need for high-quality nutritional components in animal feed and supplements
- U.S. dominated the marine ingredients market with a share of 38.60% in 2024, due to the increasing consumer preference for organic marine ingredients, which aligns with a broader trend towards healthier and more sustainable food options
- Canada is expected to be the fastest growing region in the marine ingredients market during the forecast period due to
- Fish segment dominated the marine ingredients market with a market share of 53.70% in 2024, due to well-established industry built around harvesting and processing various fish species for their valuable nutritional components. The sheer volume of fish processed globally for both direct human consumption and ingredient production ensures its leading position
