Global Meat And Fish Flours Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Meat and Fish Flours are ground products in protein that come from processed meat and fish leftovers instead of raw meat and fish themselves. They are substitutes that are easy to store and have a long shelf life. These qualities provide benefits, for consumers and food producers alike.
Market Key Insights
- The Meat And Fish Flours market is projected to grow from $1.1 billion in 2024 to $2.0 billion in 2034. This represents a CAGR of 5.8%, reflecting rising demand across Pet Food Manufacturing, Aquafeed and Protein Supplements.
- The market leaders include Archer Daniels Midland Company and Tyson Foods Inc. and JBS SA which determine the competitive dynamics of this industry.
- U.S. and China are the top markets within the Meat And Fish Flours market and are expected to observe the growth CAGR of 3.8% to 5.6% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and UAE are expected to observe highest growth with CAGR ranging between 6.7% to 8.0%.
- The Meat And Fish Flours market will receive a $100.0 million boost from technological processing advancements during the next decade.
- The Meat And Fish Flours market is set to add $0.9 billion between 2024 and 2034, with manufacturer targeting Nutraceuticals & Cosmetic Applications projected to gain a larger market share.
- With Increasing demand for high protein diet, and Innovation in pet food industry, Meat And Fish Flours market to expand 76% between 2024 and 2034.
Opportunities in the Meat And Fish Flours
Emerging markets like Asia Pacific and Africa are seeing a surge in interest for Meat and Fish Flours due to a rising population and a growing preference, for healthy food choices.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increasing Demand for High Protein Diet, and Application in Aquaculture Feed
The pet food industry is also always searching for tasty ingredients and has also welcomed the inclusion of Meat and Fish Flours for their ability to improve the taste and nutrition of pet foods significantly This has also resulted in their widespread use, in the industry and contributed to the growth of the Meat and Fish Flours market.
Restraint: Restriction in Raw Material Supply
Opportunity: Expansion into Plant-Based Industry and Technological Innovations in Production
Advances in the production of Meat and Fish Flours through dehydration and grinding methods are opening up new opportunities for market growth by boosting efficiency and expanding production capacity while reducing expenses to make these flours more affordable for consumers. Businesses can take advantage of these advancements to improve the quality of their products and increase production to meet the growing demand, for Meat and Fish Flours.
Challenge: Strict Regulatory Frameworks
Supply Chain Landscape
Ocean Harvest
Green Pastures Farms
Nutrimax Global Inc
Johnson Sea Products
Alpha Foods Co.
Superior Packers Ltd
Metro Inc.
Walmart Inc
Ocean Harvest
Green Pastures Farms
Nutrimax Global Inc
Johnson Sea Products
Alpha Foods Co.
Superior Packers Ltd
Metro Inc.
Walmart Inc
Applications of Meat And Fish Flours in Pet Food Manufacturing, Aquafeed & Protein Supplements
Meat and fish flours stand as a significant ingredient in manufacturing pet food, delivering essential proteins that pets require for a healthy diet. Predominantly, meat and fish flours made from salmon, tuna, and beef are favored for their dense concentration in critical proteins and fats. Major players in the pet food industry like Purina and Mars Petcare continue to uphold the use of these nutrient-rich ingredients, aiding in their competitive market positioning and product versatility.
High-quality meat and fish flours like cod, chicken, and beef, prove beneficial in protein supplement production. These flours offer an easily digestible, rich protein source, perfect for those seeking muscle growth and recovery. Renowned companies like MuscleTech and Optimum Nutrition often incorporate these flours into their products to accentuate the protein content and suffices the health and fitness-oriented audiences nutritional needs.
Aquaculture largely depends on meat and fish flours for feeding farmed fish. Ingredients like shrimp and fish meal are high in essential nutrients, promoting the good health and growth of aquatic species. This application has witnessed dominance from key players such as Ridley Corporation and Aller Aqua, who value the contribution of meat and fish flours in their aquafeed compositions to optimize fish growth rates and foster sustainability.
Recent Developments
Naturally Yours Ltd, a leading player in the meat and fish flours market, announced a successful expansion of its manufacturing facilities, significantly boosting production capacities
Healthy Harvest Co. released a new line of sustainably sourced fish flours, addressing rising consumer demand for ethical and ecological products in this industry
Global Nutrition Inc., identified a substantial market surge in meat and fish flour-based products, propelling research and development for new product innovations.