Published on : May 10, 2019
Albany, New York, May 10, 2019: Human societies face daunting challenge to provide food to a population of over 9 billion people by the middle of 21st century, at the same time addressing the uneven repercussions of climate change and environmental degradation on the resource base. The annual global growth in fish consumption has been two-fold the population growth since 1961, revealing the significance of fisheries sector. These insights are according to the intelligence report, titled, “Marine Ingredients Market—Global industry Analysis, Size, Share, Growth, Trends, Historical Analysis 2013-2018 and Forecast 2019-2027,” which has been of late added to Market Research Hub’s (MRH) ever-expanding repository.
The use of marine ingredients in a range of products meant for human and animal consumption, food processing and cosmetics are being observed. Of late innovations and developments on non-food fish and on the by-products from food fish production have paved way for new marine products such as bio-active compounds, food processing aids and marine proteins. The significance of by-product becomes paramount as it obliterates waste by propelling efficiency through value addition.
The introduction of fishmeal to animal diets has had positive influence on feed efficiency, development through better food palatability, absorption and improvement of nutrient uptake. Fishmeal of superior quality offers a balanced amount of all essential amino acids, phospholipids, minerals and fatty acids aimed at growth and reproduction, optimum development—mainly of larvae and brood stock.
The inclusion of fishmeal and fish oil to aquaculture diets is intended to assure that the fish meant for human consumption is a source of the essential fatty acids EPA and DHA which is essential for human biological functions. These aspects signify the importance of marine ingredients as producers look to leave no stones unturned reaping the benefits through inclusion of fishmeal to animal diets.
Marine Ingredients Market: Report Content
The report offers a robust assessment on the marine ingredients market which is propelled by quantitative and qualitative analysis. In addition, the report focuses on the situation in the market that have significant influence on the development of the Marine ingredients market, including drivers, trends, opportunities, restraints. The report also delineates segmentation of the market to provide a thorough analysis of the marine ingredients market.
The report incorporates executive summary followed by overview section which showcase a coherent assessment of the marine ingredients market. Moreover, the market overview section peruses on PESTLE analysis to provide a thorough analysis on the marine ingredients market. Furthermore, the overview section also delves into Porters’ Five Force analysis which historically help in assessing competitive landscape with respect to marine ingredients market.
The coherent assessment of competitive scenario of the marine ingredients market is propelled by assessment of Porters’ Five Force Analysis. Moreover, the Porters’ Five Force Analysis throws light on the feasible strategies of the major players who are active in the marine ingredients market. Meanwhile, the report also shed light on SWOT analysis, company profile, product portfolio, recent development and key differentiation.
Marine Ingredients Market: Research Methodology
Primary sources and secondary sources have been applied to offer a judicious assessment on marine ingredients market. The secondary research incorporates trade journals, EC filing, resourceful database and Factiva. Furthermore, the report banks on primary research, including genuine assessment from experts, veracious and unbiased insights from seasoned analyst, surveys and telephonic interview. The report also peruses into absolute dollar opportunity analysis and Y-o-Y projections to provide a deep dive analysis of the market.
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