Fish Meals and Pellet Market

Fish meals and pellet market: download the latest information powered by an Ai-driven BI tool. Datasets include consumption, exports, market prices, market size, companies, production, trade, and imports. Here is a breakdown by region, including Russia, the U.S., the Middle East, the U.K., China, Africa, EU, and Latin America. Market insights and outlook to 2030 are also provided in the reports.

Need Fish Meals and Pellet Market data? GET FREE ACCESS

Fish Meals and Pellet - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Japan. It was followed by the United States.

In China, the fish meals and pellet market increased at an average annual rate of +6.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-9.3% per year) and the United States (+8.9% per year).

Fish Meals And Pellet Prices

Fish Meals and Pellet - Top Importers

In value terms, Japan ($106M) constitutes the largest market for imported flours, meals and pellets of fish worldwide, comprising 36% of global imports. The second position in the ranking was occupied by the UK ($30M), with a 10% share of global imports. It was followed by Sweden, with a 7.5% share.

From 2018 to 2020, the average annual growth rate of value in Japan amounted to -9.5%. In the other countries, the average annual rates were as follows: the UK (+206.6% per year) and Sweden (+23.6% per year).

Fish Meals and Pellet - Top Exporters

In value terms, China ($57M), Indonesia ($44M) and Vietnam ($39M) constituted the countries with the highest levels of exports in 2020, together comprising 55% of global exports.

In terms of the main exporting countries, Vietnam (+269.5% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fish Meals and Pellet - Market Forecast

Driven by increasing demand for fish meals and pellet worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Fish Meals and Pellet - Product Coverage

• HS 030510 - Fish; flours, meals and pellets, fit for human consumption
• HS 030520 - Fish; livers, roes and milt of fish, dried, smoked, salted or in brine

Source: IndexBox Market Intelligence Platform