| Product Code: ETC4594766 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Fishmeal and Fish Oil Market is vital for the aquaculture and animal feed sectors, providing a source of high-quality protein and essential nutrients. This market supports the growth of the aquaculture and livestock industries.
The Thailand Fishmeal Fish Oil market is witnessing substantial growth, driven by the country thriving aquaculture industry and the demand for quality feed ingredients. Fishmeal and fish oil are essential components in aquafeed formulations, providing proteins, omega-3 fatty acids, and essential nutrients for fish and shrimp growth. As Thailand seeks to sustain and expand its aquaculture production, the demand for fishmeal and fish oil is increasing. The market growth is further propelled by advancements in fishmeal production technologies, the adoption of sustainable sourcing practices, and efforts to enhance the nutritional value of aquafeeds.
The fishmeal and fish oil market in Thailand faces challenges that impact its role in the aquaculture and animal feed industries. One key challenge is the sustainability of sourcing raw materials, particularly the overexploitation of fish stocks for fishmeal and fish oil production. This raises environmental concerns and necessitates the development of alternative and sustainable protein and oil sources. Additionally, fluctuations in fishmeal and fish oil prices, driven by factors such as climate variability and global market dynamics, pose challenges for both producers and end-users. To address these challenges, the market needs to transition towards more sustainable sourcing practices, invest in alternative protein sources, and establish mechanisms to mitigate price volatility.
The Thailand Fishmeal Fish Oil Market has experienced the impact of COVID-19 on the seafood industry. Disruptions in fishing activities and processing facilities have affected the production of fishmeal and fish oil. The market is anticipated to recover as the aquaculture sector rebounds, driving demand for essential feed ingredients in a post-pandemic landscape.
The Thailand Fishmeal Fish Oil Market is a crucial segment within the aquaculture industry, and key players such as Thai Union Group, Pacific Andes Group, and Trimarine International are instrumental in its development. Thai Union Group, a major player in the market, contributes significantly to the production and distribution of fishmeal and fish oil. With a focus on sustainable sourcing and processing, Thai Union Group plays a key role in supporting the growth of the aquaculture sector in Thailand and ensuring the availability of high-quality feed ingredients.
| 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 Thailand Fishmeal & Fish Oil Market Overview | 
| 3.1 Thailand Country Macro Economic Indicators | 
| 3.2 Thailand Fishmeal & Fish Oil Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Thailand Fishmeal & Fish Oil Market - Industry Life Cycle | 
| 3.4 Thailand Fishmeal & Fish Oil Market - Porter's Five Forces | 
| 3.5 Thailand Fishmeal & Fish Oil Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Thailand Fishmeal & Fish Oil Market Revenues & Volume Share, By Source, 2021 & 2031F | 
| 3.7 Thailand Fishmeal & Fish Oil Market Revenues & Volume Share, By LivestockApplication, 2021 & 2031F | 
| 4 Thailand Fishmeal & Fish Oil Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing demand for aquafeed in the aquaculture industry | 
| 4.2.2 Increasing awareness about the nutritional benefits of fishmeal and fish oil | 
| 4.2.3 Rise in disposable income leading to higher consumption of seafood products | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials such as fish and other marine resources | 
| 4.3.2 Environmental concerns related to overfishing and sustainability of fish stocks | 
| 5 Thailand Fishmeal & Fish Oil Market Trends | 
| 6 Thailand Fishmeal & Fish Oil Market, By Types | 
| 6.1 Thailand Fishmeal & Fish Oil Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Type, 2021-2031F | 
| 6.1.3 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Fishmeal, 2021-2031F | 
| 6.1.4 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Fish Oil, 2021-2031F | 
| 6.2 Thailand Fishmeal & Fish Oil Market, By Source | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Salmon & Trout, 2021-2031F | 
| 6.2.3 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Marine Fish, 2021-2031F | 
| 6.2.4 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Crustaceans, 2021-2031F | 
| 6.2.5 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Tilapia, 2021-2031F | 
| 6.2.6 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Carps, 2021-2031F | 
| 6.3 Thailand Fishmeal & Fish Oil Market, By LivestockApplication | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Aquatic Animals, 2021-2031F | 
| 6.3.3 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Swine, 2021-2031F | 
| 6.3.4 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Poultry, 2021-2031F | 
| 6.3.5 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Cattle, 2021-2031F | 
| 6.3.6 Thailand Fishmeal & Fish Oil Market Revenues & Volume, By Pets, 2021-2031F | 
| 7 Thailand Fishmeal & Fish Oil Market Import-Export Trade Statistics | 
| 7.1 Thailand Fishmeal & Fish Oil Market Export to Major Countries | 
| 7.2 Thailand Fishmeal & Fish Oil Market Imports from Major Countries | 
| 8 Thailand Fishmeal & Fish Oil Market Key Performance Indicators | 
| 8.1 Percentage of fishmeal and fish oil used in aquafeed production | 
| 8.2 Price trends of key raw materials used in fishmeal and fish oil production | 
| 8.3 Number of aquaculture farms using fishmeal and fish oil in their feed formulations | 
| 9 Thailand Fishmeal & Fish Oil Market - Opportunity Assessment | 
| 9.1 Thailand Fishmeal & Fish Oil Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Thailand Fishmeal & Fish Oil Market Opportunity Assessment, By Source, 2021 & 2031F | 
| 9.3 Thailand Fishmeal & Fish Oil Market Opportunity Assessment, By LivestockApplication, 2021 & 2031F | 
| 10 Thailand Fishmeal & Fish Oil Market - Competitive Landscape | 
| 10.1 Thailand Fishmeal & Fish Oil Market Revenue Share, By Companies, 2024 | 
| 10.2 Thailand Fishmeal & Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |