According to the latest report by Renub Research, titled "Fish Meal Market and Volume, Global Forecast by species, End-User: Chicken, Pig, Aquaculture, Production, Export, Import, Value Chain Analysis" Fish meal market is growing year on year, due to higher demand in aquaculture.
It is one of the fast-moving segments in the seafood industry; Fish Meal Market is forecasted to be US$ 10.65 Billion by 2026.Fishmeal is processed in multiple steps, it contains cooking of fish, pressing, drying of fish and finally grinding fish in solid waste in the form of power or cake.
Fishes are dried in sunlight before grinding in pressing in some regions where processing plants are not available, and it results in poor quality due to lack of standard procedures, which are followed in modern plants.COVID-19 Impact on Fishmeal MarketCOVID-19 has stopped economic activities around the world, and most of the countries have faced lockdown during the pandemic and industries are unable to find customers during this period moreover the shortage of workforce to work in fishmeal plants has also affected market significantly.Following steps are taken in the process of FishmealCooking: Initially, fish comes in an industrial cooker; it's much bigger in size than a domestic cooker.
There are two methods for drying fishmeal productsDirect Drying: In this process hot air with temperature about 500 °C (932 °F) is passed over the product in a cylindrical drum.Indirect Drying: In this process fishmeal moves inside a container, which contains steam-heated discs.Grinding: It is the last process in manufacturing Fishmeal, in this process product is grind to remove bone particles and lumps present in the final product.Request a free Brochure copy of the report: https://www.renub.com/request-brochure-page.php?gturl=fish-meal-market-p.phpMarket Summary:Species: This research report covers market, market share, volume and volume share of Anchovy, Blue whiting, Sardines, Capelin, Menhaden, Norway Pout, Sand eel and Sprat.End-User: The market and volume share analysis of Chicken, Pig, Aquaculture (Cyprinids, Eels, Crustaceans, Marine Fish, Salmonids, Tilapias) are given in this research report.
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