South & Central America Fish Protein Hydrolysate Market Size and Forecast (2021

Description

List of Tables

The Fish Protein Hydrolysate Market in South and Central America is projected to grow significantly, reaching an estimated US$ 68.7 million by 2031, up from US$ 49.7 million in 2024. This growth represents a compound annual growth rate (CAGR) of 4.8% from 2025 to 2031.

Executive Summary and Market Analysis

In recent years, the aquaculture sector in South and Central America has witnessed remarkable growth, with Chile leading as the largest producer in the region, followed by Brazil, Ecuador, Mexico, and Colombia. The primary species cultivated and consumed include salmon, shrimp, and tilapia, with other species like carp and catfish also being significant. According to data from the Chilean Salmon Harvests, the country produced approximately 1.5 million tons of aquaculture products in 2022.

The demand for protein-rich products is on the rise across South and Central America, driven by the expanding aquaculture industry, increased recycling of fish waste, and heightened awareness of the health benefits associated with fish protein hydrolysate. Additionally, the region is experiencing a growing prevalence of obesity, influenced by rapid economic development, demographic changes, and shifts in dietary habits. Consequently, fish protein, recognized for its potential weight loss benefits, is gaining traction in the market.

Strategic Insights

# Market Segmentation Analysis

The South and Central America Fish Protein Hydrolysate Market can be segmented based on purity, form, and application:

By Purity: The market is divided into categories such as FPH 80%, FPH 90%, FPH 95%, and others. In 2024, the 'Others' category is expected to hold the largest market share.
By Form: The market is categorized into Dry and Liquid forms, with Dry products anticipated to dominate the market in 2024.
By Application: The applications of fish protein hydrolysate include Animal Nutrition, Poultry, Aquaculture, Ruminants, Swine, Pet Food, Pharmaceuticals and Nutraceuticals, Food and Beverages, Personal Care, and Agriculture. In 2024, Animal Nutrition is projected to hold the largest share of the market.

Market Outlook

Fish is recognized for its high protein content and low cholesterol levels, leading to an increased global demand for fish and fish-related products. The Food and Agriculture Organization (FAO) reported that global capture fisheries production reached 92.3 million tons in 2022. The fishery industry is expanding due to enhanced aquaculture production, evolving cultural preferences, and a rising demand for seafood.

The fishery sector generates a substantial amount of waste, estimated at nearly 60% of the biomass produced annually. This waste is increasingly being processed to manufacture fish protein hydrolysate, which is essential for aquaculture feed. Fish protein hydrolysate is known to enhance fish growth and survival rates, promoting overall development and immunity in various cultured species. The amino acid composition and peptides in fish protein hydrolysate are crucial for the healthy growth of fish. As the aquaculture industry continues to grow, the demand for fish protein hydrolysate is expected to rise, providing lucrative opportunities for producers in this market.

Country Insights

The South and Central America Fish Protein Hydrolysate Market is further segmented by country, including Brazil, Argentina, and the Rest of South and Central America. Brazil is anticipated to hold the largest market share in 2024.

Brazil's fish protein hydrolysate market is bolstered by increasing aquaculture production. The Brazilian Farming Fish Association reported that fish production in Brazil reached approximately 968,745 tons in 2024, marking a 9.2% increase from 2023. Brazil is also poised to become the second-largest exporter of tilapia to the United States. The National Service of Rural Learning (SENAR) plays a vital role in supporting Brazilian fish farmers by providing training and resources on various aspects of fish farming, including legislation, water quality monitoring, and fish feed management. This institutional support is contributing to higher production levels.

Tilapia by-product hydrolysate powder (TBHP) is gaining popularity due to its significant nutritional value, boasting a protein content of 62.71% and essential amino acids at 199.15 mg/g. These nutritional benefits are driving the demand for TBHP across various end-use industries.

Company Profiles

Key players in the South and Central America Fish Protein Hydrolysate Market include Janatha Fish Meal & Oil Products, SAMPI, Kemin Industries Inc, Bio-marine Ingredients Ireland Ltd, Copalis Industry SAS, Symrise AG, E.F.S.-Holland B.V., White Swan Pharmaceutical, New Alliance Dye Chem Pvt Ltd, and Nizona Marine Products Pvt Ltd. These companies are employing various strategies such as market expansion, product innovation, and mergers and acquisitions to enhance their product offerings and increase market share.

In conclusion, the South and Central America Fish Protein Hydrolysate Market is poised for significant growth, driven by the expanding aquaculture industry, rising health consciousness, and the increasing utilization of fish waste. The strategic initiatives by key players will further propel the market forward.

Product Code: TIPRE00042168

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:
3.3 Assumptions and Limitations

4. Fish Protein Hydrolysate Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
  - 4.3.2.1 Pretreatment
  - 4.3.2.2 Hydrolysis
  - 4.3.2.3 Acid Hydrolysis
  - 4.3.2.4 Alkaline Hydrolysis
  - 4.3.2.5 Enzymatic Hydrolysis
  - 4.3.2.6 Purification
  - 4.3.2.7 Dehydration
- 4.3.3 End-Use Industries
- 4.3.4 List of Vendors in the Value Chain
4.4 Average Pricing Analysis by Purity (US$/Kg), 2024

5. South & Central America Fish Protein Hydrolysate Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Nutritional Benefits of Fish Protein Hydrolysate in Animal Nutrition
- 5.1.2 Strategic Development Initiatives
5.2 Market Restraints
- 5.2.1 Challenges Related to Supply Chain
- 5.3.1 Growth of Aquaculture Industry
- 5.4.1 Rising Pet Humanization
5.5 Impact of Drivers and Restraints:

6. Fish Protein Hydrolysate Market - South & Central America Market Analysis

6.1 South & Central America Fish Protein Hydrolysate Market Volume (Kilo Tons), 2021-2031
6.2 South & Central America Fish Protein Hydrolysate Market Volume Forecast and Analysis (Kilo Tons)
6.3 South & Central America Fish Protein Hydrolysate Market Revenue (US$ Million), 2025-2031
6.4 South & Central America Fish Protein Hydrolysate Market Forecast and Analysis

7. South & Central America Fish Protein Hydrolysate Market Volume and Revenue Analysis - by Purity

7.1 FPH 80 Percent
- 7.1.1 Overview
- 7.1.2 FPH 80 Percent: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.1.3 FPH 80 Percent: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 FPH 90 Percent
- 7.2.1 Overview
- 7.2.2 FPH 90 Percent: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.2.3 FPH 90 Percent: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 FPH 95 Percent
- 7.3.1 Overview
- 7.3.2 FPH 95 Percent: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.3.3 FPH 95 Percent: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.4.3 Others: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South & Central America Fish Protein Hydrolysate Market Volume and Revenue Analysis - by Form

8.1 Dry
- 8.1.1 Overview
- 8.1.2 Dry: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 8.1.3 Dry: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Liquid
- 8.2.1 Overview
- 8.2.2 Liquid: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 8.2.3 Liquid: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South & Central America Fish Protein Hydrolysate Market Volume and Revenue Analysis - by Application

9.1 Animal Nutrition
- 9.1.1 Overview
- 9.1.2 Animal Nutrition: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.1.3 Animal Nutrition: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Poultry
- 9.2.1 Overview
- 9.2.2 Poultry: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.2.3 Poultry: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Aquaculture
- 9.3.1 Overview
- 9.3.2 Aquaculture: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.3.3 Aquaculture: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Ruminants
- 9.4.1 Overview
- 9.4.2 Ruminants: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.4.3 Ruminants: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Swine
- 9.5.1 Overview
- 9.5.2 Swine: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.5.3 Swine: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Pet Food
- 9.6.1 Overview
- 9.6.2 Pet Food: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.6.3 Pet Food: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.7 Others
- 9.7.1 Overview
- 9.7.2 Others: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.7.3 Others: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.8 Pharmaceuticals and Nutraceuticals
- 9.8.1 Overview
- 9.8.2 Pharmaceuticals and Nutraceuticals: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.8.3 Pharmaceuticals and Nutraceuticals: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.9 Food and Beverages
- 9.9.1 Overview
- 9.9.2 Food and Beverages: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.9.3 Food and Beverages: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.10 Personal Care
- 9.10.1 Overview
- 9.10.2 Personal Care: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.10.3 Personal Care: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.11 Agriculture
- 9.11.1 Overview
- 9.11.2 Agriculture: South & Central America Fish Protein Hydrolysate Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 9.11.3 Agriculture: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. South & Central America Fish Protein Hydrolysate Market - Country Analysis

10.1 South & Central America
- 10.1.1 South & Central America Fish Protein Hydrolysate Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.1 South & Central America Fish Protein Hydrolysate Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 South & Central America Fish Protein Hydrolysate Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.3 Brazil: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Brazil: South & Central America Fish Protein Hydrolysate Market Share - by Purity
    - 10.1.1.3.2 Brazil: South & Central America Fish Protein Hydrolysate Market Share - by Form
    - 10.1.1.3.3 Brazil: South & Central America Fish Protein Hydrolysate Market Share - by Application
  - 10.1.1.4 Argentina: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 Argentina: South & Central America Fish Protein Hydrolysate Market Share - by Purity
    - 10.1.1.4.2 Argentina: South & Central America Fish Protein Hydrolysate Market Share - by Form
    - 10.1.1.4.3 Argentina: South & Central America Fish Protein Hydrolysate Market Share - by Application
  - 10.1.1.5 Rest of South & Central America: South & Central America Fish Protein Hydrolysate Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.5.1 Rest of South & Central America: South & Central America Fish Protein Hydrolysate Market Share - by Purity
    - 10.1.1.5.2 Rest of South & Central America: South & Central America Fish Protein Hydrolysate Market Share - by Form
    - 10.1.1.5.3 Rest of South & Central America: South & Central America Fish Protein Hydrolysate Market Share - by Application

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning and Concentration

12. Company Profiles

12.1 Copalis Industry SAS
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Bio-marine Ingredients Ireland Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Symrise AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 E.F.S.-Holland B.V.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Janatha Fish Meal & Oil Products
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Kemin Industries Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Nizona Marine Products Pvt Ltd
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 New Alliance Dye Chem Pvt Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 White Swan Pharmaceutical
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 SAMPI
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners