Product Code: ETC8451894 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Myanmar fish meal market is experiencing steady growth driven by the increasing demand for fish meal as a source of protein in animal feed. With a growing aquaculture sector and rising awareness of the benefits of fish meal in livestock and poultry feed, the market is poised for further expansion. Key players in the market include local fish meal producers as well as international suppliers looking to tap into Myanmar`s growing demand. However, challenges such as fluctuating fish stocks, regulatory constraints, and competition from alternative protein sources could impact market growth. Overall, the Myanmar fish meal market presents opportunities for both domestic and foreign companies to capitalize on the country`s evolving agricultural sector and increasing demand for high-quality animal feed ingredients.
The Myanmar fish meal market is experiencing growth due to increasing demand from the aquaculture industry, driven by a rise in fish consumption globally. The market is also benefiting from the country`s abundant fishery resources and a growing focus on sustainable fishing practices. Opportunities exist for fish meal producers to enhance production efficiency and quality to meet the evolving needs of aquaculture feed manufacturers. Additionally, there is potential for market expansion through exports to neighboring countries in Southeast Asia. However, challenges such as environmental concerns and competition from alternative protein sources could impact the market`s growth trajectory. Overall, investing in sustainable practices and product diversification could help players capitalize on the growing demand for fish meal in Myanmar and beyond.
In the Myanmar Fish Meal Market, challenges include fluctuating fish supplies due to overfishing and environmental factors, which can lead to inconsistent product quality and availability. Additionally, lack of proper infrastructure and technology for storage and processing can result in waste and lower product quality. Limited awareness and adherence to sustainable fishing practices are also a concern, impacting the long-term viability of the industry. Furthermore, competition from alternative protein sources and imported fish meal products pose a threat to local producers. Addressing these challenges will require investments in sustainable fishing practices, improved infrastructure, and technology adoption to enhance efficiency and competitiveness in the Myanmar Fish Meal Market.
The Myanmar Fish Meal Market is primarily driven by factors such as the increasing demand for fish meal as a high-protein feed ingredient in the aquaculture industry, which is experiencing significant growth in the country. The rise in disposable income levels among the population has led to higher consumption of seafood products, further boosting the demand for fish meal. Additionally, the expansion of the fishing industry and the government`s support for aquaculture development are contributing to the market growth. Moreover, the growing awareness about the nutritional benefits of fish meal in animal feed formulations and the rising trend of sustainable aquaculture practices are also driving the market in Myanmar.
The Myanmar government has implemented various policies to regulate the fish meal market in the country. These include measures to control overfishing and ensure sustainable fishing practices to protect marine ecosystems. Additionally, there are regulations in place to monitor and manage fish meal production facilities to maintain quality standards and hygiene practices. The government also focuses on promoting transparency in the supply chain to prevent illegal fishing activities and promote fair trade practices within the industry. Overall, these policies aim to support the growth of the fish meal market in Myanmar while ensuring environmental sustainability and compliance with international standards.
The future outlook for the Myanmar Fish Meal Market appears promising, driven by factors such as the increasing demand for fish meal as a protein source in animal feed, especially in aquaculture and livestock sectors. Myanmar`s growing aquaculture industry, coupled with rising consumer awareness about the benefits of fish meal in animal nutrition, is expected to fuel market growth. Additionally, the government`s initiatives to promote sustainable fishing practices and boost fishery production are likely to further support market expansion. However, challenges such as environmental concerns related to overfishing and competition from alternative protein sources may impact market dynamics. Overall, the Myanmar Fish Meal Market is anticipated to experience steady growth in the coming years, presenting opportunities for market players to capitalize on the evolving demand landscape.
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 Myanmar Fish Meal Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Fish Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Fish Meal Market - Industry Life Cycle |
3.4 Myanmar Fish Meal Market - Porter's Five Forces |
3.5 Myanmar Fish Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Myanmar Fish Meal Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Myanmar Fish Meal Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Myanmar Fish Meal Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.9 Myanmar Fish Meal Market Revenues & Volume Share, By Source of Species, 2021 & 2031F |
3.10 Myanmar Fish Meal Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Myanmar Fish Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Fish Meal Market Trends |
6 Myanmar Fish Meal Market, By Types |
6.1 Myanmar Fish Meal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Fish Meal Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Myanmar Fish Meal Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.1.4 Myanmar Fish Meal Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.1.5 Myanmar Fish Meal Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.1.6 Myanmar Fish Meal Market Revenues & Volume, By Fertilisers, 2021- 2031F |
6.2 Myanmar Fish Meal Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Fish Meal Market Revenues & Volume, By Aquaculture, 2021- 2031F |
6.2.3 Myanmar Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.2.4 Myanmar Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.2.5 Myanmar Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Myanmar Fish Meal Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Fish Meal Market Revenues & Volume, By Salmon and Trout, 2021- 2031F |
6.3.3 Myanmar Fish Meal Market Revenues & Volume, By Marine Fish, 2021- 2031F |
6.3.4 Myanmar Fish Meal Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.5 Myanmar Fish Meal Market Revenues & Volume, By Tilapia, 2021- 2031F |
6.3.6 Myanmar Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Myanmar Fish Meal Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Fish Meal Market Revenues & Volume, By Ruminants, 2021- 2031F |
6.4.3 Myanmar Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.4.4 Myanmar Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.4.5 Myanmar Fish Meal Market Revenues & Volume, By Aquatic Animals, 2021- 2031F |
6.4.6 Myanmar Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Myanmar Fish Meal Market, By Source of Species |
6.5.1 Overview and Analysis |
6.5.2 Myanmar Fish Meal Market Revenues & Volume, By Anchovy, 2021- 2031F |
6.5.3 Myanmar Fish Meal Market Revenues & Volume, By Blue Whiting, 2021- 2031F |
6.5.4 Myanmar Fish Meal Market Revenues & Volume, By Sardines, 2021- 2031F |
6.5.5 Myanmar Fish Meal Market Revenues & Volume, By Norway Pout, 2021- 2031F |
6.5.6 Myanmar Fish Meal Market Revenues & Volume, By Send eel, 2021- 2031F |
6.5.7 Myanmar Fish Meal Market Revenues & Volume, By Sprat, 2021- 2031F |
6.6 Myanmar Fish Meal Market, By Nature |
6.6.1 Overview and Analysis |
6.6.2 Myanmar Fish Meal Market Revenues & Volume, By Organic, 2021- 2031F |
6.6.3 Myanmar Fish Meal Market Revenues & Volume, By Conventional, 2021- 2031F |
7 Myanmar Fish Meal Market Import-Export Trade Statistics |
7.1 Myanmar Fish Meal Market Export to Major Countries |
7.2 Myanmar Fish Meal Market Imports from Major Countries |
8 Myanmar Fish Meal Market Key Performance Indicators |
9 Myanmar Fish Meal Market - Opportunity Assessment |
9.1 Myanmar Fish Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Myanmar Fish Meal Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Myanmar Fish Meal Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Myanmar Fish Meal Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.5 Myanmar Fish Meal Market Opportunity Assessment, By Source of Species, 2021 & 2031F |
9.6 Myanmar Fish Meal Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Myanmar Fish Meal Market - Competitive Landscape |
10.1 Myanmar Fish Meal Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Fish Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |