Fish Powder Global Market Report 2026

Fish powder is a finely ground powder derived from cooked fish flesh, often prepared from leftover fish. This type of powder is utilized to supplement staple foods such as maize and cassava, enhancing the micronutrient concentrations in the meal.

The primary types of fish powders are steam-dried and flame-dried fish powders. Flame-dried fish meal is produced using a short rotary dryer, also known as a direct hot air dryer or flame dryer, which is a key method in manufacturing approximately 75% of the world's fish meal. The sources for these powders include whole fish and by-products, serving various applications in swine, poultry, aquaculture, and other sectors. The end-users of fish powder encompass food and beverages, sports nutrition and dietary supplements, cosmetics and personal care, pharmaceuticals, animal feed, among others. These products are distributed through both business-to-business (B2B) and business-to-customer (B2C) sales channels.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the fish powder market by increasing costs of imported drying equipment, grinding machinery, packaging materials, and cold-chain logistics used in processing and distribution. Producers in Asia-Pacific and Africa are most affected due to dependence on imported processing technologies, while Europe faces higher costs for specialty food-grade equipment. These tariffs are raising production costs and limiting export competitiveness. However, they are also encouraging local processing, improved utilization of domestic fish resources, and investment in regional fish powder manufacturing capabilities.

The fish powder market research report is one of a series of new reports from The Business Research Company that provides fish powder market statistics, including fish powder industry global market size, regional shares, competitors with a fish powder market share, detailed fish powder market segments, market trends and opportunities, and any further data you may need to thrive in the fish powder industry. This fish powder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fish powder market size has grown strongly in recent years. It will grow from $9.4 billion in 2025 to $10.01 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing availability of fish processing by-products, rising malnutrition concerns in developing regions, expansion of aquaculture production, growth in animal feed demand, adoption of traditional fish preservation methods.

The fish powder market size is expected to see strong growth in the next few years. It will grow to $12.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing demand for micronutrient-enriched foods, rising focus on sustainable protein sources, expansion of functional food applications, growing investments in food processing infrastructure, increasing regulatory support for nutrition fortification. Major trends in the forecast period include increasing utilization of fish by-products for powder production, rising demand for high-protein food supplements, growing adoption of nutrient fortification in staple foods, expansion of low-odor fish powder processing techniques, enhanced focus on food safety and quality standards.

The growth of aquaculture is expected to propel the fish powder market going forward. Aquaculture refers to the cultivation, breeding, and harvesting of aquatic organisms in controlled environments such as ponds, tanks, and ocean enclosures. Fish powder is widely used in aquaculture as a protein-rich feed ingredient that supports growth performance and supplies essential nutrients to farmed aquatic species. For instance, in December 2024, according to the United States Department of Agriculture (USDA), a US-based government agency, there were 3,453 aquaculture farms in the United States in 2023, with total aquaculture product sales reaching US$1.9 billion. Additionally, catfish sales were valued at US$480.0 million, accounting for 59% of total food fish sales in 2023. Therefore, the expansion of aquaculture activities is driving the growth of the fish powder market.

Major companies operating in the fish powder market are focusing on launching sustainable feed solutions, such as omega-3-rich alternatives, to provide nutritious and environmentally friendly ingredients for aquaculture. For example, in April 2023, MiAlgae, a UK-based microalgal production company, launched NaturAlgae, an omega-3-rich powder suitable for use in aquafeeds. NaturAlgae is a dry powder with a high concentration of DHA and other beneficial oils that can be incorporated into aquafeed formulations to deliver the well-known health benefits of omega-3 fatty acids. Using innovative biotechnology, MiAlgae produces this ingredient by repurposing by-products from the Scotch whisky industry to cultivate omega-3-enriched microalgae. This approach reduces reliance on wild-caught fish, supports sustainability, lowers potential CO2 emissions, recycles large volumes of water, and helps conserve marine fish stocks.

In May 2023, Scoular, an agribusiness firm based in the United States, completed the acquisition of a frozen fish processing facility from Northwest Farm Food Cooperative. The transaction, valued at an undisclosed amount, was a strategic move by Scoular to bolster and extend its presence in the pet nutrition sector. With the newly acquired facility, Scoular aims to enhance its support to pet food manufacturers by providing high-quality and sustainable fish ingredients, thereby expanding its range of offerings. The facility obtained from Northwest Farm Food Cooperative specializes in repurposing fish trimmings, transforming them into frozen fish ingredients tailored for use in pet food and treat processing. This acquisition positions Scoular to strengthen its foothold in the pet nutrition market while simultaneously contributing to the sustainability of fish-based ingredients in the industry.

Major companies operating in the fish powder market are Austevoll Seafood ASA, Omega Protein Corporation, Daybrook Fisheries Inc., Kodiak Fishmeal Company, Pesquera Exalmar SAA, Pesquera Hayduk S.A., Austral Group SAA, Oceana Group Limited, Dalian Longyuan Fish Meal Co. Ltd., Pelagia AS, Scanbio Marine Group AS, TripleNine Group A/S, FF Skagen A/S, Havsbrun, Norebo Holding AS, Novofood SA, Sopropeche, TASA, Copeinca, China Fishery Group, Pesquera Diamante, Pesquera Centinela

Asia-Pacific was the largest region in the fish powder market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fish powder market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the fish powder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The fish powder market consists of sales of fish protein concentrate, fish albumin, glue, gelatin. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Fish Powder Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses fish powder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for fish powder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The fish powder market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Steam Dried (SD) Fish Powder; Flame Dried (FD) Fish Powder
• 2) By Distribution Channel: B2B; B2C
• 3) By Application: Swine; Poultry; Aquaculture; Other Applications
• 4) By End-User: Food And Beverages; Sports Nutrition and Dietary Supplements; Animal Feed
• Subsegments:
• 1) By Steam Dried (SD) Fish Powder: High-Protein Steam Dried Powder; Low-Odor Steam Dried Powder
• 2) By Flame Dried (FD) Fish Powder: Traditional Flame Dried Powder; High-Temperature Flame Dried Powder
• Companies Mentioned: Austevoll Seafood ASA; Omega Protein Corporation; Daybrook Fisheries Inc.; Kodiak Fishmeal Company; Pesquera Exalmar SAA; Pesquera Hayduk S.A.; Austral Group SAA; Oceana Group Limited; Dalian Longyuan Fish Meal Co. Ltd.; Pelagia AS; Scanbio Marine Group AS; TripleNine Group A/S; FF Skagen A/S; Havsbrun; Norebo Holding AS; Novofood SA; Sopropeche; TASA; Copeinca; China Fishery Group; Pesquera Diamante; Pesquera Centinela
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Italy; Spain; Canada
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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