The global market for fish bone minerals is projected to increase from US$ 146.1 million in 2023 to US$ 418.7 million by 2033, with a robust anticipated compound annual growth rate (CAGR) of 11.1% over the coming decade.
Fish bones yield minerals extracted from the seafood industry’s by-products, featuring essential trace elements such as zinc and copper, alongside vital minerals like calcium, phosphorus, and magnesium. These naturally occurring minerals within fish bones contribute to their structural integrity and strength.
Fish bones contain omega-3 fatty acids, known for their heart-healthy benefits. They help reduce the risk of heart disease, stroke, and heart arrhythmias, thanks to their anti-inflammatory properties.
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Fish bones contribute to protein synthesis, blood sugar regulation, and the functioning of muscles and nerves. They contain essential minerals like potassium, iron, zinc, and copper, although the specific mineral composition can vary depending on the fish species and environmental factors influencing its growth or capture. Additionally, fish bones contain glucosamine sulfate, known for its benefits in enhancing joint health by improving joint function and alleviating discomfort and inflammation.
Key Companies Profiled:
Alaska Protein Recovery LLC; Bioiberica, S.A.; Captein Group; Dr. Paul Lohmann GmbH KG; Gee Lawson Ltd.; Hebei Huayu Yongcheng Food Co., Ltd.; Nutrifish; Pioneer Enterprise; Radhika Enterprises; Shaanxi Green Bio-Engineering Co., Ltd.; Silverstream SEZC; Zhejiang Green Day Bioengineering Co., Ltd.; Zhengzhou Ruipu Biological Engineering Co., Ltd.
Key Countries Covered:
Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others
Competitive Landscape
To satisfy consumer demand, top fish bone mineral producers frequently provide a new line of products. To obtain a competitive edge in the market, they are also utilizing tactics like mergers and acquisitions, partnerships, distribution agreements, collaborations, partnership, ads, and celebrity endorsements.
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.
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Fish Bone Mineral Market by Category
By Type:
- Calcium
- Phosphorus
- Magnesium
- Others
By Form:
- Powder
- Granules
- Capsules
- Others
By Application:
- Food & Beverages
- Pharmaceuticals
- Nutraceuticals
- Animal Feed
- Others
By Source:
- Salmon
- Trout
- Tuna
- Cod
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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