Fish Bone Minerals Market Growth Accelerates, Offering Investors a Stake in the Thriving Health Supplement Industry

Fish Bone Minerals Market
Fish Bone Minerals Market

According to Future Market Insights (FMI), the global fish bone minerals market is witnessing robust growth, with projections indicating a significant increase from US$ 146.1 million in 2023 to US$ 418.7 million by 2033, representing a remarkable CAGR of 11.1%. Key trends driving this growth include the increasing demand for clean-label products, rising consumer awareness about the importance of minerals for overall health, and the expanding market for seafood worldwide. Fish bone minerals, rich in essential nutrients like calcium, phosphorus, and omega-3 fatty acids, offer a sustainable and natural source of minerals, catering to the burgeoning health and wellness segment.

The market demand for fish bone minerals is witnessing an upward trajectory, fueled by factors such as increasing consumer preference for natural and sustainable ingredients, growing awareness about mineral deficiencies, and rising demand for nutrition-based products. With consumers actively seeking products that promote overall health and well-being, fish bone minerals have emerged as a sought-after ingredient, offering a clean-label appeal and nutritional benefits.

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Several factors contribute to the rapid growth of the fish bone minerals market. These include the increasing use of clean-label products, government initiatives promoting sustainability, and rising consumer awareness about the health benefits of seafood and mineral-rich ingredients. Additionally, the growing importance of obtaining minerals from natural sources and the expanding market outside traditional seafood-eating countries are driving market expansion.

Key Takeaways from the Fish Bone Minerals Report:

  • By 2033, the market for minerals found in fish bones is anticipated to be worth US$ 418.7 million.
  • Over the projection period, the demand for fish bone minerals is anticipated to increase at a CAGR of 1%.
  • On the basis of form, the powder market is projected to be worth US$ 58.6 million by 2033.
  • The food and beverage segment is anticipated to experience a 8% CAGR by application over the forecast period.
  • By 2033, it is anticipated that the United States will have a significant 6% value share of the global market.
  • By 2033, it is anticipated that the fish bone minerals industry in the United States will be worth US$ 149.5 million.
  • The value CAGR for the India market is predicted to be 9 % over the forecast period.

“The market for fish bone minerals is being significantly influenced by rising consumer demand for protein and healthy products, notably in the food and beverage sector. As a result of its high protein content and sustainability credentials, fish bone minerals are also becoming popular in the mineral business. Manufacturers grow their categories if they concentrated on a variety of applications to cater to niche consumer demands.” – says a lead analyst at Future Market Insights (FMI)

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Who is Winning?

Alaska Protein Recovery LLC, Bioiberica, S.A., Captein Group, Dr. Paul Lohmann GmbH KG, Gee Lawson Ltd., Hebei Huayu Yongcheng Food Co., Ltd., Radhika Enterprises

Nutrifish, Pioneer Enterprise, Shaanxi Green Bio-Engineering Co., Ltd., Silverstream SEZC, Zhejiang Green Day Bioengineering Co., Ltd., Zhengzhou Ruipu Biological Engineering Co., Ltd.

These companies are concentrating on expanding their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market. For instance,

  • In 2022, In Japan, Bioiberica collaborates with Aska Animal Health Co. and Shintoa Corporation to commercialize its Nucleoforce AquaTM and Nucleoforce LivestockTM product lines.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global fish bone minerals market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the fish bone minerals market based on Type (Calcium, Phosphorus, Magnesium, Others), Form (Powder, Granules, Capsules, Others), Source (Salmon, Trout, Tuna, Cod, Others), and Applications (Food & Beverages, Pharmaceuticals, Nutraceuticals, Animal Feed, Others) across various regions.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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