Product Code: ETC6418674 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bhutan fish meal market is currently experiencing steady growth driven by increasing demand from the aquaculture industry. Fish meal is a valuable protein source used in fish feed to enhance the growth and health of farmed fish. The market is primarily dominated by imported fish meal due to limited local production capacity. However, efforts are being made to promote sustainable fish meal production in the country to reduce reliance on imports and ensure food security. With the government`s focus on supporting the aquaculture sector and promoting sustainable practices, the Bhutan fish meal market is expected to witness further growth in the coming years. Rising consumer awareness about the benefits of fish meal in aquaculture and the increasing popularity of fish-based diets are also contributing to the market`s expansion.
The Bhutan Fish Meal Market is experiencing growth due to increasing awareness of the benefits of fish meal as a high-quality protein source in animal feed. With the rising demand for aquaculture and livestock production in the region, there is a growing opportunity for fish meal manufacturers to expand their operations and cater to this market. The market is also witnessing a trend towards sustainable and environmentally friendly production practices, driving the adoption of certified organic fish meal. Additionally, the government`s initiatives to promote aquaculture and improve fishery infrastructure present opportunities for market players to further enhance their presence in the Bhutan Fish Meal Market. Overall, the market is poised for growth, and companies can capitalize on these trends by offering quality products and aligning with sustainability practices.
In the Bhutan Fish Meal Market, some of the key challenges faced include limited availability of raw materials due to the landlocked nature of the country, leading to high import costs for fish feed ingredients. Additionally, inadequate infrastructure for processing and storage facilities poses a challenge in maintaining the quality and freshness of the fish meal products. Market fragmentation and lack of awareness about the benefits of fish meal as a protein source in animal feed also hinder the growth of the market. Furthermore, strict regulations on fishing practices and environmental concerns related to overfishing further impact the supply chain of fish meal production in Bhutan. Overall, addressing these challenges through improved infrastructure, education, and sustainable sourcing practices will be crucial for the growth and development of the Bhutan Fish Meal Market.
The Bhutan Fish Meal Market is primarily driven by the increasing demand for high-protein animal feed in the agriculture and aquaculture industries. As the country continues to focus on sustainable aquaculture practices and aims to reduce dependency on imported feed ingredients, there is a growing preference for locally produced fish meal as a cost-effective and nutritious alternative. Additionally, the rising awareness among farmers about the benefits of fish meal in improving livestock health and productivity is driving the market growth. Government initiatives to support the aquaculture sector, such as providing subsidies and technical assistance, are also contributing to the market expansion. Overall, the drivers of the Bhutan Fish Meal Market are centered around the need for quality feed ingredients to support the growing livestock and aquaculture industries in the country.
In Bhutan, the government has implemented policies to regulate the fish meal market in order to promote sustainability and protect the environment. These policies include restrictions on fishing seasons and quotas to prevent overfishing, as well as guidelines on the use of sustainable fishing practices. The government also encourages the development of aquaculture as an alternative source of fish meal to reduce pressure on wild fish populations. Additionally, there are regulations in place to ensure the quality and safety of fish meal products for both domestic consumption and export. Overall, these policies aim to balance the economic benefits of the fish meal market with the need to preserve Bhutan`s marine ecosystem for future generations.
The future outlook for the Bhutan Fish Meal Market appears promising, driven by factors such as the increasing demand for high-protein animal feed, growth in aquaculture production, and rising consumer awareness of the nutritional benefits of fish meal. Additionally, the government`s focus on promoting the fisheries sector and sustainable fishing practices is expected to further boost market growth. With Bhutan`s strategic location for fish sourcing and processing, as well as potential for export opportunities, the market is poised for expansion in the coming years. However, challenges such as fluctuating raw material prices and competition from alternative protein sources may impact the market dynamics. Overall, the Bhutan Fish Meal Market is likely to experience steady growth, supported by evolving consumer preferences and industry trends.
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 Bhutan Fish Meal Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Fish Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Fish Meal Market - Industry Life Cycle |
3.4 Bhutan Fish Meal Market - Porter's Five Forces |
3.5 Bhutan Fish Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Bhutan Fish Meal Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Bhutan Fish Meal Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Bhutan Fish Meal Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.9 Bhutan Fish Meal Market Revenues & Volume Share, By Source of Species, 2021 & 2031F |
3.10 Bhutan Fish Meal Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Bhutan Fish Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Fish Meal Market Trends |
6 Bhutan Fish Meal Market, By Types |
6.1 Bhutan Fish Meal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Fish Meal Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Bhutan Fish Meal Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.1.4 Bhutan Fish Meal Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.1.5 Bhutan Fish Meal Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.1.6 Bhutan Fish Meal Market Revenues & Volume, By Fertilisers, 2021- 2031F |
6.2 Bhutan Fish Meal Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Fish Meal Market Revenues & Volume, By Aquaculture, 2021- 2031F |
6.2.3 Bhutan Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.2.4 Bhutan Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.2.5 Bhutan Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Bhutan Fish Meal Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Fish Meal Market Revenues & Volume, By Salmon and Trout, 2021- 2031F |
6.3.3 Bhutan Fish Meal Market Revenues & Volume, By Marine Fish, 2021- 2031F |
6.3.4 Bhutan Fish Meal Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.5 Bhutan Fish Meal Market Revenues & Volume, By Tilapia, 2021- 2031F |
6.3.6 Bhutan Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Bhutan Fish Meal Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Fish Meal Market Revenues & Volume, By Ruminants, 2021- 2031F |
6.4.3 Bhutan Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.4.4 Bhutan Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.4.5 Bhutan Fish Meal Market Revenues & Volume, By Aquatic Animals, 2021- 2031F |
6.4.6 Bhutan Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Bhutan Fish Meal Market, By Source of Species |
6.5.1 Overview and Analysis |
6.5.2 Bhutan Fish Meal Market Revenues & Volume, By Anchovy, 2021- 2031F |
6.5.3 Bhutan Fish Meal Market Revenues & Volume, By Blue Whiting, 2021- 2031F |
6.5.4 Bhutan Fish Meal Market Revenues & Volume, By Sardines, 2021- 2031F |
6.5.5 Bhutan Fish Meal Market Revenues & Volume, By Norway Pout, 2021- 2031F |
6.5.6 Bhutan Fish Meal Market Revenues & Volume, By Send eel, 2021- 2031F |
6.5.7 Bhutan Fish Meal Market Revenues & Volume, By Sprat, 2021- 2031F |
6.6 Bhutan Fish Meal Market, By Nature |
6.6.1 Overview and Analysis |
6.6.2 Bhutan Fish Meal Market Revenues & Volume, By Organic, 2021- 2031F |
6.6.3 Bhutan Fish Meal Market Revenues & Volume, By Conventional, 2021- 2031F |
7 Bhutan Fish Meal Market Import-Export Trade Statistics |
7.1 Bhutan Fish Meal Market Export to Major Countries |
7.2 Bhutan Fish Meal Market Imports from Major Countries |
8 Bhutan Fish Meal Market Key Performance Indicators |
9 Bhutan Fish Meal Market - Opportunity Assessment |
9.1 Bhutan Fish Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Bhutan Fish Meal Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Bhutan Fish Meal Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Bhutan Fish Meal Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.5 Bhutan Fish Meal Market Opportunity Assessment, By Source of Species, 2021 & 2031F |
9.6 Bhutan Fish Meal Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Bhutan Fish Meal Market - Competitive Landscape |
10.1 Bhutan Fish Meal Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Fish Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |