South Africa Fishmeal & Fish Oil Market (2025-2031) Outlook | Value, Revenue, Growth, Trends, Industry, Forecast, Size, Share, Analysis & Companies

Market Forecast By Type (Fishmeal, Fish Oil), By Source (Salmon & Trout, Marine Fish, Crustaceans, Tilapia, Carps), By LivestockApplication (Aquatic Animals, Swine, Poultry, Cattle, Pets) And Competitive Landscape
Product Code: ETC4594789 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

South Africa Fishmeal & Fish Oil Market Synopsis

The South Africa Fishmeal & Fish Oil Market is experiencing steady growth due to the increasing demand for high-quality fishmeal and fish oil products in various industries such as aquaculture, animal feed, and pharmaceuticals. The market is driven by the rising awareness among consumers about the health benefits of fish oil, as well as the growing use of fishmeal in animal feed for livestock and poultry. Key players in the South Africa Fishmeal & Fish Oil Market include Oceana Group, Pioneer Fishing, and Sea Harvest Group, among others. The market is also witnessing technological advancements in fishmeal and fish oil production processes to enhance product quality and meet the evolving consumer preferences. Overall, the South Africa Fishmeal & Fish Oil Market is poised for further growth in the coming years, driven by increasing demand and innovation in the industry.

South Africa Fishmeal & Fish Oil Market Trends

The South Africa Fishmeal & Fish Oil Market is experiencing growth due to the rising demand for fish-based products in various industries such as aquaculture, animal feed, and cosmetics. With an increasing focus on sustainable sourcing and production methods, there is a growing opportunity for companies to capitalize on the demand for high-quality fishmeal and fish oil derived from responsibly managed fisheries. Additionally, the growing awareness of the health benefits associated with fish-based products is driving consumer preferences towards these ingredients in the food and nutraceutical sectors. To succeed in this market, companies should prioritize sustainability, product quality, and innovation to meet the evolving needs of consumers and industry stakeholders while also maintaining a competitive edge in the market.

South Africa Fishmeal & Fish Oil Market Challenges

In the South Africa Fishmeal & Fish Oil Market, challenges such as fluctuations in raw material availability due to changing marine ecosystems, environmental regulations impacting fishing quotas, and competition from alternative protein sources like soybean meal are commonly faced. Additionally, issues related to sustainability and overfishing in the marine industry have put pressure on fishmeal and fish oil producers to adopt more responsible practices. Economic factors including currency fluctuations and market volatility also pose challenges for businesses operating in this sector. Moreover, concerns about product quality and traceability have become increasingly important for consumers, requiring companies to invest in stringent quality control measures and transparent supply chain processes to maintain market credibility and consumer trust.

South Africa Fishmeal & Fish Oil Market Investment Opportunities

The South Africa Fishmeal & Fish Oil Market is primarily driven by the growth in the aquaculture industry, which is a key consumer of fishmeal and fish oil for feed production. The increasing demand for seafood products, coupled with the rising awareness about the health benefits of fish-based products, is fueling the market growth. Additionally, the growing use of fishmeal and fish oil in animal feed applications, particularly in the poultry and livestock sectors, is further boosting the market. Moreover, the sustainable sourcing practices and certifications for fishmeal and fish oil production are becoming crucial factors driving consumer preferences and influencing market dynamics in South Africa. Overall, the market is expected to continue growing as the aquaculture and animal feed industries expand and consumers seek high-quality, sustainable seafood products.

South Africa Fishmeal & Fish Oil Market Government Polices

The South African government has implemented various policies to regulate the fishmeal and fish oil market, aiming to ensure sustainable fishing practices and protect marine resources. The Marine Living Resources Act governs the management of fisheries, setting quotas and guidelines for the harvesting of fish species used in fishmeal and fish oil production. The Department of Agriculture, Forestry and Fisheries also oversees licensing and monitoring of fishing vessels to prevent overfishing and maintain ecosystem balance. Additionally, the National Environmental Management: Biodiversity Act addresses conservation efforts for marine species, including those used in fishmeal production. These policies aim to promote responsible and ethical practices within the South Africa fishmeal and fish oil market while safeguarding the marine environment for future generations.

South Africa Fishmeal & Fish Oil Market Future Outlook

The South Africa Fishmeal & Fish Oil Market is poised for steady growth in the coming years, driven by the increasing demand for fish-based products in various industries such as aquaculture, animal feed, and cosmetics. The market is expected to benefit from the rising awareness about the nutritional benefits of fishmeal and fish oil, as well as the growing popularity of omega-3 fatty acids for their health benefits. Additionally, the focus on sustainable fishing practices and the development of innovative production techniques are likely to positively impact market growth. However, challenges such as fluctuating fish stocks and environmental concerns regarding overfishing may present obstacles to the market`s expansion. Overall, the South Africa Fishmeal & Fish Oil Market is anticipated to experience moderate but steady growth in the foreseeable future.

Key Highlights of the Report:

  • South Africa Fishmeal & Fish Oil Market Outlook
  • Market Size of South Africa Fishmeal & Fish Oil Market, 2024
  • Forecast of South Africa Fishmeal & Fish Oil Market, 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Revenues & Volume for the Period 2021 - 2031
  • South Africa Fishmeal & Fish Oil Market Trend Evolution
  • South Africa Fishmeal & Fish Oil Market Drivers and Challenges
  • South Africa Fishmeal & Fish Oil Price Trends
  • South Africa Fishmeal & Fish Oil Porter's Five Forces
  • South Africa Fishmeal & Fish Oil Industry Life Cycle
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Fishmeal for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Fish Oil for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Source for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Salmon & Trout for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Marine Fish for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Crustaceans for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Tilapia for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Carps for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By LivestockApplication for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Aquatic Animals for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Swine for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Poultry for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Cattle for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Fishmeal & Fish Oil Market Revenues & Volume By Pets for the Period 2021 - 2031
  • South Africa Fishmeal & Fish Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By LivestockApplication
  • South Africa Fishmeal & Fish Oil Top Companies Market Share
  • South Africa Fishmeal & Fish Oil Competitive Benchmarking By Technical and Operational Parameters
  • South Africa Fishmeal & Fish Oil Company Profiles
  • South Africa Fishmeal & Fish Oil Key Strategic Recommendations

What is the future outlook for the South Africa fishmeal & fish oil market?

The South Africa fishmeal & fish oil market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for aquaculture products, rising investments in fish processing technologies by companies like Oceana Group, and the growing focus on sustainable fishing practices in the region.
The South Africa fishmeal & fish oil market encompasses the production, processing, and distribution of fish-based products for various applications. Key players in this market include companies like Oceana Group Limited, Sea Harvest Group, and Pioneer Fishing. This market serves industries such as aquaculture, animal feed, and pharmaceuticals, providing essential nutritional components derived from fish for a variety of end uses.
The increasing demand for fish oil in the pharmaceutical industry due to its health benefits, coupled with the rising aquaculture industry in South Africa, are significant factors driving the growth of the fishmeal & fish oil market in the region. Companies like Oceana Group and Sea Harvest Group play a crucial role in the market's expansion by leveraging advanced processing technologies to extract high-quality fish oil and meal from sources like anchovies and sardines caught off the South African coast.
New opportunities in the South Africa fishmeal & fish oil market include investing in sustainable aquaculture practices, such as those adopted by companies like Sea Harvest Group, which focuses on responsible sourcing and production to meet the rising demand for fish-based products globally. Additionally, leveraging innovative technologies for fishmeal and fish oil processing, such as those used by Oceana Group through its subsidiary, Daybrook Fisheries, can provide avenues for growth and differentiation in this market.
The long-term outlook for the South Africa fishmeal & fish oil market is positive due to the increasing demand for aquafeed products from key players like Oceana Group and Sea Harvest, as well as advancements in sustainable fishing practices and the growing awareness of the health benefits of fish-based products among consumers. This is supported by the government's initiatives to promote the growth of the aquaculture industry in the country, positioning South Africa as a key player in the global fishmeal & fish oil market.
6Wresearch actively monitors the South Africa Fishmeal & Fish Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the South Africa Fishmeal & Fish Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Africa Fishmeal & Fish Oil Market Overview

3.1 South Africa Country Macro Economic Indicators

3.2 South Africa Fishmeal & Fish Oil Market Revenues & Volume, 2021 & 2031F

3.3 South Africa Fishmeal & Fish Oil Market - Industry Life Cycle

3.4 South Africa Fishmeal & Fish Oil Market - Porter's Five Forces

3.5 South Africa Fishmeal & Fish Oil Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 South Africa Fishmeal & Fish Oil Market Revenues & Volume Share, By Source, 2021 & 2031F

3.7 South Africa Fishmeal & Fish Oil Market Revenues & Volume Share, By LivestockApplication, 2021 & 2031F

4 South Africa Fishmeal & Fish Oil Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing awareness about the benefits of fishmeal and fish oil in animal nutrition.

4.2.2 Increasing demand for aquaculture and animal feed production.

4.2.3 Rise in disposable income leading to higher consumption of fish products.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as fish.

4.3.2 Environmental concerns related to overfishing and sustainability.

4.3.3 Competition from alternative sources of protein in animal feed production.

5 South Africa Fishmeal & Fish Oil Market Trends

6 South Africa Fishmeal & Fish Oil Market, By Types

6.1 South Africa Fishmeal & Fish Oil Market, By Type

6.1.1 Overview and Analysis

6.1.2 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Fishmeal, 2021 - 2031F

6.1.4 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Fish Oil, 2021 - 2031F

6.2 South Africa Fishmeal & Fish Oil Market, By Source

6.2.1 Overview and Analysis

6.2.2 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Salmon & Trout, 2021 - 2031F

6.2.3 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Marine Fish, 2021 - 2031F

6.2.4 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Crustaceans, 2021 - 2031F

6.2.5 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Tilapia, 2021 - 2031F

6.2.6 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Carps, 2021 - 2031F

6.3 South Africa Fishmeal & Fish Oil Market, By LivestockApplication

6.3.1 Overview and Analysis

6.3.2 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Aquatic Animals, 2021 - 2031F

6.3.3 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Swine, 2021 - 2031F

6.3.4 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Poultry, 2021 - 2031F

6.3.5 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Cattle, 2021 - 2031F

6.3.6 South Africa Fishmeal & Fish Oil Market Revenues & Volume, By Pets, 2021 - 2031F

7 South Africa Fishmeal & Fish Oil Market Import-Export Trade Statistics

7.1 South Africa Fishmeal & Fish Oil Market Export to Major Countries

7.2 South Africa Fishmeal & Fish Oil Market Imports from Major Countries

8 South Africa Fishmeal & Fish Oil Market Key Performance Indicators

8.1 Percentage of fishmeal and fish oil used in animal feed production.

8.2 Number of aquaculture farms using fishmeal and fish oil in South Africa.

8.3 Adoption rate of sustainable fishing practices in the fishmeal and fish oil industry.

9 South Africa Fishmeal & Fish Oil Market - Opportunity Assessment

9.1 South Africa Fishmeal & Fish Oil Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 South Africa Fishmeal & Fish Oil Market Opportunity Assessment, By Source, 2021 & 2031F

9.3 South Africa Fishmeal & Fish Oil Market Opportunity Assessment, By LivestockApplication, 2021 & 2031F

10 South Africa Fishmeal & Fish Oil Market - Competitive Landscape

10.1 South Africa Fishmeal & Fish Oil Market Revenue Share, By Companies, 2024

10.2 South Africa Fishmeal & Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All