Powder fish protein hydrolysate demand to grow across the animal feed sector

The demand for fish protein hydrolysate products across the animal feed and pet food applications will attain traction on account of the increasing requirement for new functional foods. There is a significant influx of advanced throughput technologies that exhibit low environmental impact and superior economic sustainability.

Fish protein hydrolysates have excellent nutritive value as well as amino content and are consumed as either stand-alone items or components of functional foods. They are produced from the hydrolyses method and find excessive usage across various applications like feed for swine, poultry, calves, aquaculture as well as pet animals like cats and dogs among many others.

As per reports, the global fish protein hydrolysate market size from animal feed and pet food applications will record more than USD 270 million in revenue by 2026.

Powder fish protein hydrolysate is likely to see a surge in adoption across the animal feed applications due to their higher preference over liquid counterparts. These protein hydrolysate components possess an optimum amino acid content and are largely used to enhance the growth, survival, and larval development of animals. This is because they contain close to 80% of hydrolyzed protein. They also help to curb the instances of skeletal deformities to boost the larval quality of both freshwater and marine fish species. In addition, fish protein hydrolysate powder is easy to consume and offers benefits like enhanced activity of digestive enzymes of the intestine in animals.

Preference for anchovy protein hydrolysate in the animal feed and pet food applications will witness considerable expansion. This can be attributed to their higher adoption over other fishes considering their lower price and excellent protein content. Anchovies can be easily hydrolyzed and comprise various nutrients which boost animal tissue, growth, and reproduction as well as help to maintain normal metabolism. They are extensively used in animal feed and as pet food as a high source of protein and help to enhance animal disease resistance. They can be easily accessed in powdered form and are also found to enhance the nutritional value of poultry.

The adoption of fish protein hydrolysate across pet food applications is anticipated to register substantial gains. This is owing to the strong presence of omega-3 fatty acids like EPA and DHA that are highly beneficial for the early growth and development of both cats and dogs. These substances also improve their brain & eye health and assist in the growth of strong muscles. Moreover, cats increasingly consume fish protein hydrolysates on account of their distinct flavor.

Suppliers of fish protein hydrolysate components are keen on marketing collaborations like mergers, partnerships, and acquisitions to extend their offerings globally. These companies are also focusing on strategies like R&D investments, capacity expansions, innovations, as well as new product launches to gain a positive edge over their competitors. To state an instance, in mid-2020, Chile-based firm, Sociedad Pesquera Landes Sa, invested close to USD 30 million in two plants in order to turn the farmed salmon by-products as well as silage into animal feed proteins.

The ongoing COVID-19 outbreak drew a relatively negative impact on the market for fish protein hydrolysate in the animal feed and pet food applications in the first two quarters of 2020. This was owing to the regulation of lockdown policies that resulted in the abrupt shutting down of the manufacturing activities. However, the gradual easing of these trade barriers in the present day will now add a positive impetus to the demand and supply of hydrolysates.