The global fishmeal and fish oil market is on track to nearly double its valuation, rising from USD 8.2 billion in 2025 to USD 16.9 billion by 2035, reflecting a CAGR of 7.5%. This growth aligns with the rapid expansion of aquaculture, elevated demand for omega-3 supplements, and regulatory momentum toward circular bioeconomy practices.
Fishmeal and fish oil continue to play an irreplaceable role in high-performance animal nutrition, with demand primarily driven by aquaculture and dietary supplement industries. Fishmeal is prized for its high digestibility and balanced amino acid profile, while fish oil remains a key source of EPA and DHA omega-3s for human health.
Get Exclusive Access To Data Tables, Market Sizing Dashboards, And Analyst Insights. Request Sample Report
Key market drivers include:
- Rising global consumption of seafood and aquaculture products.
- Increasing adoption of circular bioeconomy models utilizing fishery by-products.
- Expanding use of fish oil in nutraceuticals, pharmaceuticals, and fortified foods.
International frameworks such as IFFO RS, MSC certification, and FAO guidelines are promoting sustainable sourcing, while governments in China, the USA, and the EU are actively supporting traceable, eco-friendly feed production systems.
Rising Focus on Sustainable Protein Sources
Growth is driven by rising demand for high-protein, nutrient-dense animal feed inputs and omega-3 supplements. Fishmeal dominates 100% share of the marine-derived nutrition segment, making it a critical input in premium aquafeeds. It contributes approximately:
- 35% to global aquaculture feed ingredients
- 14% to the omega-3 supplement market
- 5% to animal feed additives
Despite its massive impact on protein innovations, its share remains below 0.1% of the global food ingredients market, demonstrating its niche yet strategic positioning.
Source and Application Leadership
Marine Fish Leads with 38.5% Share
Marine fish, including anchovy, sardine, and mackerel, will continue dominating fishmeal production due to high availability and protein yield.
Aquaculture & Aquatic Feeds Lead Application with 34.8% Share
The aquaculture segment pushes demand as commercial fish and shrimp farming adopt nutrient-rich feed to maximize output.
Benefits gaining adoption:
- Higher feed efficiency
- Superior amino acid profile
- Improved growth rate and survival in salmon, shrimp, and tilapia
Market Dynamics
Key Growth Drivers
- Rising global consumption of seafood and farmed fish
- Demand for omega-3 supplements in nutraceuticals
- Shift toward sustainable animal nutrition
Recent Trends
- Adoption of wet pressing and dry rendering technologies to improve product consistency
- Growing use of fishery by-products to reduce waste
- Circular economy adoption supported by China, EU, and U.S. regulators
Country-Level Outlook
Japan — Fastest-Growing Market (CAGR 6.1%)
Japan’s demand surge stems from its advanced aquaculture practices and investment in clean-label feed formulations.
Key priorities:
- Automation in feed production
- Blended marine + plant-based protein models
United States — CAGR 5.7%
Demand accelerates due to specialty feed applications, premium pet nutrition, and omega-3 product innovations.
Germany — CAGR 5.2%
Focus on organic aquafeed systems and strict feed safety regulations drive premium demand.
France — CAGR 5.5%
Growth is supported by EU sustainability mandates and packaging innovations targeted at high-end feed products.
United Kingdom — CAGR 5%
Growth is driven by feed regulations prioritizing animal health and wellness.
Competitive Landscape
The market remains moderately consolidated. Major companies include:
- Scoular Company
- Colpex International SAC
- Corpesca S.A.
- Corporacion Pesquera Inca S.A.C.
- Croda International PLC
These players are expanding sustainably through traceable sourcing, vertically integrated harvesting, and advancements in omega-3 based value-added products.
For Customized Insights And Licensing Options, Get The Full Report. Purchase Full Report
Outlook to 2035
With aquaculture production expected to surpass wild-capture fisheries by 2030, fishmeal and fish oil are positioned as core inputs in the global protein transition. Regulatory frameworks from FAO, MSC, and IFFO RS ensure sustainability and traceability in the supply chain.
Fishmeal and fish oil are no longer commodities — they are strategic resources in the future of sustainable nutrition and aquaculture.
Have a specific Requirements and Need Assistant on Report Pricing or Limited Budget please contact us – [email protected]
About Future Market Insights (FMI)
Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide.
