Fish Powder Market Size to Capture USD 17.3 Billion by 2034.

Fish Powder Market Size, Share, Expansion and Product Evolution

The fish powder market size is valued at USD 9.73 billion in 2025 and is forecasted to reach USD 17.3 billion by 2034, expanding at a CAGR of 6.60% during the forecast period. The Asia Pacific led the global fish powder market with a 46% revenue share in 2024, driven by rising aquafeed production and strong fisheries in India, Japan, and China.

Insight Code: 5519 Format: PDF / PPT / Excel Last Updated: 10 April 2025

Fish Powder Market Size, and Growth Pathways

The fish powder market size was valued at USD 9.13 billion in 2024 is forecast to grow from USD 9.73 billion in 2025 to USD 17.3 billion by 2034, with a CAGR of 6.60% during the forecast period from 2025 to 2034. The growth is in the aquaculture and fisheries sector, the compulsion for food sources that are both sustainable and eco-friendly, and the rising demand for fish powder in animal feed and pet food industries.

Fish Powder Market Size 2025 to 2034

Key Highlights

  • By region, Asia Pacific dominated the fish powder market with highest market share of 46% in 2024. Asia's constantly rising population is causing people to accept a healthy brain, which is essential for a healthy body if they wish to stay active in life.
  • By region, Latin America expects significant growth in the market during the forecast period as fish powder is becoming increasingly popular in Latin America since its use in functional meals such as protein bars, smoothies, and health drinks addresses consumer demand for high protein and nutrient-dense diets.
  • By source, the whole fish segment held the dominating share of 65% in 2024 as it provided a comprehensive nutritional package, including high quantities of protein, necessary amino acids, omega-3 fatty acids, and minerals such as calcium, phosphorus, iron, and vitamins D and B12.
  • By source, the by-product segment is expected to grow at the fastest rate during the forecast period. The growing demand for sustainable and economical protein sources, notably in aquaculture and livestock feed, has boosted the popularity of byproduct-based fish powder. 
  • By application, the swine segment held the dominating share of the fish powder market in 2024, as it will grow because of its high nutritional value, digestibility, and beneficial effect on pig growth performance and overall health. 
  • By application, the poultry segment is expected to grow at the fastest rate during the forecast period as it is an alternative to traditional protein sources such as soybean meal or meat and bone meal, especially in areas where fish byproducts are abundantly available.

Growing Demand for Nutrition, Sustainability, and Innovation Expands the Market Growth

Fish powder is made from the remaining fish, which can be utilized to enhance staple foods such as maize and cassava and, hence, improve levels of micronutrients in the diet. It is obtained by completely drying the fish or fish trimmings and then grinding them.

One of the market drivers for fish powder is the rising usage of fish powder for enhancing flavor and as a natural source of umami which is a shift towards categorizing waste reduction and maximizing fish by-products, demand for omega-3 fatty acid and main micronutrients, expanding the use of fish powder in cosmetic and personal care items which contribute in the expansion of the fish powder market. 

  • For Instance, The goal of a six-month pilot program is to combat child malnutrition by inculcating nutrient-dense small fish powder into children’s diets, which has served specific positive outcomes in the Kamrup district.
  • A rising demand for greater sustainability and transparency is responsible for innovation in the seafood and fishing industry. Responsible fishing, sustainable packaging, and end-to-end traceability technology are having a positive effect on aquaculture production. 
  • On 7 April 2025, the 31st edition of Seafood Expo Global/Seafood Processing Global will have a conference program that features over 20 sessions led by more than 80 international seafood and industry experts to help from 6-8 May at the Grand via the venue of Fira de Barcelona. 
  • Marina, which is a smart and recyclable IFCO Fish crate filled with proven technology, captures critical data points about the products and journey in actual time. It is available on the IFCO SmartCycle circular pooling system, which ensures best-in-class service, on-time delivery, food safety and hygiene, and enhanced performance. 
  • Reusable fish crates filled with proven track-and-trace technologies like BLE, as with Marina, help reduce environmental effects and operational costs and assist compliance with market requirements and legislations.
  • On 12 March 2025, Louisiana’s menhaden fishing industry assisted the small coastal commodities and harvested sustainable resources while employing accountable fishing practices, which protect the Gulf ecosystem. 

Market Opportunity

Sustainable Drying Technologies and Nutritional Applications of Fish Protein Powders

Drying is one of the significant processes for the stabilization and preservation of food products which also emerging as the growth opportunity for the fish powder market. The goal of drying in most cases is to expand the shelf life by lowering the water content and the water. On the other hand, the product structure and appearance will be defined by the drying process. Marine products are extremely sensitive to high temperatures because of protein degradation and lipid oxidation.

Dried powders made from fish protein are being examined and tested as ingredients in bakery and snack products as sensorial testing of products has shown their characteristics in terms of aroma, bitterness, saltiness, and sour taste, which is linked with a concentration of marine powder in the baking flour. So, this fish powder can act as an insightful addition to the human food chain. The additives to bakery food products, such as powders, can be utilized as crucial ingredients in making noodles and pasta products, dairy products, and instant soups, or they can be used directly as nutritional supplements. 

On the other hand, sustainable aquaculture will be a part of an ocean conservation plan. It diminishes the pressure on wild fish stocks and serves alternative seafood, hence safeguarding marine biodiversity, which prevents damage to necessary habitats like coral reefs and mangroves. For farm fish and seaweed, there is a positive effect as they clear the water quality by removing the pollutants and excess nutrients that could cause issues for other marine species living in their surroundings. 

Market Challenge

Climate Change, Overfishing, and Supply Chain Disruptions in the Seafood Industry

Climate change is having a notable effect on fisheries and aquaculture with growing ocean temperatures and an acidification factor, which affects the health and productivity of seafood species. Supply chain disturbances and industry metamorphose with more continuous and many weather events affect seafood production and trade. Overfishing and illegal, unnamed, and irregular fishing are also significant challenges that possess in the growth of the fish powder market. 

Regional Insights

Asia Pacific Held the Dominating Share in Fish Powder Market in 2024. 

Asia’s rapidly growing population is experiencing many to accept a healthy brain which is crucial for a healthy body if they want to stay fit in life. Also, there is constant demand for plant-based applications, together with rising interest in omega-3, which signals a window of opportunity for food, beverage, and supplement manufacturers to grow algal DHA solutions. There are advances in microencapsulation technology, which is important in assisting formulators to go forward and grow plant-based omega-3 servings with superior experience. We should invest in small-scale fisheries by implementing measures to reduce bycatch and protect endangered species such as sharks, turtles, and dolphins.

Also, it emboldens the acceptance of sustainable fishing practices that do not harm the marine ecosystem or deplete fish stocks. Coastal communities also support small-scale and artisanal fisheries, which utilize sustainable methods and play an important role in local food security. Elevating awareness about the importance of selecting sustainable seafood and informing consumers about the environmental and social impact of their choices. 

Fish Powder Market Share, By Region, 2024 (%)

  • For instance, In April 2023, China’s fishing industry experienced structural shifts, which started the piloting system that recognizes catches and allows across these vessels as China's goal is to stabilize its total distance as water fishing output is 2.3 million tonnes. 

Latin America Expects Significant Growth in the Fish Powder Market During the Forecast Period. 

There are several rising trends of Fish powder in Latin America as its usage in functional foods products such as protein bars, smoothies, and health drinks give importance to addressing consumer demand for high protein and nutrient-filled foods. Manufacturers are even offering customized fish powder to meet the urges of several end-user requirements, such as tailored protein levels for livestock feed or growth nutrient profiles for dietary supplements. Another trend is the acceptance of biodegradable and recyclable packaging materials, which is becoming a priority for manufacturers meeting consumer demand for sustainable packaging options. Fish powder is also gaining attention as a natural and organic fertilizer because of its nutrient-rich composition, which makes soil healthy and promotes plant growth. 

Segmental Insights

Source Insights

The Whole Fish Segment Held the Dominating Share of the Fish Powder Market in 2024.

Whole fish provide a comprehensive nutritional package, including high quantities of protein, omega-3 fatty acids, amino acids, and minerals such as calcium, iron, phosphorus, and vitamins D and B12. These nutrients are found not just in the flesh but also in the bones, organs, and skin, making the whole fish beneficial in powdered form. Using the entire fish increases the uniformity and quality of the finished product, which is significant in both the food and feed industries.

The by-product segment is expected to grow at the fastest rate in the fish powder market during the forecast period. The growing demand for sustainable and economical protein sources, notably in aquaculture and livestock feed, has boosted the popularity of byproduct-based fish powder. Using by-products also contributes to global sustainability goals by reducing waste and increasing resource efficiency in the seafood supply chain. In areas with extensive fish processing industries, employing by-products reduces the environmental effect while increasing economic value to what was previously thrown away. As a result, fish by-products have progressed from being discarded materials to a valuable and widely accepted source of fish powder production.

Application Insights

The Swine Segment Held the Dominating Share of the Fish Powder Market in 2024. 

The swine segment has expanded because of its high nutritional value, digestibility, and beneficial effect on pig growth performance and overall health. Fish powder, whether obtained from whole fish or by-products, contains high-quality protein, necessary amino acids, and omega-3 fatty acids, all of which are essential for swine development, particularly during early growth phases like weaning. Piglets are stressed during the weaning stage and have weak digestive systems; thus, highly digestible and appealing protein sources such as fish powder are suitable.

The poultry segment is expected to grow at the fastest rate in the fish powder market during the forecast period. Fish powder is a viable alternative to traditional protein sources such as soybean meal or meat and bone meal, especially in areas where fish byproducts are abundantly available. Its use is consistent with the industry's goals of increasing production while controlling feed prices and environmental issues. As the global poultry industry grows, there is a greater demand for efficient and nutrient-rich feed components, which has led to an increase in the use of fish powder.

Recent Developments in the Fish Powder Market

MiAlgae

  • Product Launch: In April 2023, MiAlgae, a microalgal production company based in the United Kingdom, launched NaturAlgae in 2023, an omega-3 powder intended as a healthy feed additive. This dry powder has a high concentration of DHA and other oils, providing the well-known health benefits associated with omega-3. 

Z Natural Foods

  • Product Launch: In June 2023, Z Natural Foods, a US-based company, debuted Hydrolyzed Marine Collagen peptide supplements in retail packages. This collagen powder, derived from high-quality marine sources such as white fish (cod), has an excellent amino acid composition that allows for easy absorption to replenish and restore the skin's natural collagen levels.

Fish Powder Market Leading Companies

Segments Covered in the Report

By Source

  • Whole Fish
  • By-product

By Application

  • Swine
  • Aquaculture
  • Poulty
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
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Meet the Team

Aditi Shivarkar, with over 14 years of experience in the food and beverages industry, creates strategies and leads research at Towards Food and Beverages, ensuring accurate, relevant insights in plant-based foods, food safety, and sustainability.

Learn more about Aditi Shivarkar

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FAQ's

The fish powder market is valued at USD 9.13 billion in 2024.

The fish powder market is projected to grow from USD 9.73 billion in 2025 to USD 17.3 billion by 2034, registering a CAGR of 6.60% during the forecast period.

Asia Pacific held the dominating share in 2024, driven by high population growth, demand for brain and body health, and increasing awareness of sustainable seafood consumption.