Product Code: ETC8560044 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The New Zealand Fish Meal Market is experiencing steady growth driven by the increasing demand for high-quality protein sources in animal feed and aquaculture industries. Key players in the market are focusing on sustainable sourcing practices to meet the growing consumer preference for ethically produced products. The market is characterized by a strong presence of local fish processing companies that utilize by-products to produce fish meal. Additionally, the rising awareness about the nutritional benefits of fish meal in enhancing animal health and productivity is further fueling market growth. Government initiatives promoting sustainable fishing practices and stringent regulations on fishmeal production are shaping the market landscape. Overall, the New Zealand Fish Meal Market is poised for continued growth, driven by the increasing demand for natural and nutrient-rich feed ingredients.
The New Zealand Fish Meal Market is experiencing a growing demand due to the rising awareness about the health benefits of fish-based products and the increasing popularity of aquaculture. Consumers are seeking high-quality and sustainable sources of protein, driving the market growth. Opportunities in the market include the expansion of aquaculture operations, technological advancements in fish meal production, and the potential for exporting to international markets. With New Zealand`s reputation for high food safety standards and sustainable practices, there is a strong potential for the country to become a key player in the global fish meal market. Companies in the sector can capitalize on these trends by focusing on innovation, sustainability, and quality to meet the evolving needs of consumers and drive business growth.
In the New Zealand Fish Meal Market, challenges include fluctuating fish stocks due to environmental factors and overfishing, leading to supply shortages and price volatility. Strict regulations and sustainability concerns also impact production, as companies must adhere to quotas and sustainable fishing practices. Competition from alternative protein sources and imported fish meal further intensifies market dynamics. Additionally, the high cost of production, transportation, and storage in New Zealand contributes to pricing pressures for both producers and consumers. To navigate these challenges, companies in the New Zealand Fish Meal Market must prioritize sustainable sourcing practices, invest in technology for efficient production, and differentiate their products to meet evolving consumer preferences for environmentally friendly and high-quality fish meal products.
The New Zealand Fish Meal Market is primarily driven by the increasing demand for high-quality fish meal products in the aquaculture and animal feed industries. The growing popularity of fish-based protein sources due to their nutritional benefits and sustainability is propelling market growth. Additionally, the rising awareness among consumers regarding the health benefits of fish meal products and the emphasis on sustainable fishing practices are driving the market further. Government initiatives promoting the development of the fisheries sector and investments in modern processing technologies are also contributing to the market expansion. The presence of key players focusing on product innovation and strategic collaborations to enhance their market presence is expected to fuel the market growth in the coming years.
The New Zealand government has implemented policies to regulate and monitor the fish meal market. The Ministry for Primary Industries (MPI) oversees the industry, ensuring compliance with environmental sustainability and fish stock management practices. The Quota Management System (QMS) is in place to manage fish stocks and prevent overfishing. The government also promotes innovation in processing technologies to maximize resource utilization and reduce waste. Additionally, there are strict regulations in place to ensure food safety and quality standards are met in the production and distribution of fish meal products. Overall, the government`s policies aim to maintain the long-term sustainability of the New Zealand fish meal market while supporting economic growth and environmental conservation efforts.
The New Zealand fish meal market is expected to witness steady growth in the coming years, driven by increasing demand for fish meal as a high-protein feed ingredient in the aquaculture and animal feed industries. The rising awareness of the nutritional benefits of fish meal, coupled with the expansion of aquaculture activities in the region, is likely to fuel market growth. Additionally, the growing focus on sustainable practices and the development of innovative fish meal production techniques are anticipated to further boost the market. However, challenges such as fluctuating fish stocks and environmental concerns may impact market dynamics. Overall, with the increasing demand for high-quality protein sources in animal feed, the New Zealand fish meal market is poised for growth in the foreseeable future.
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 New Zealand Fish Meal Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Fish Meal Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Fish Meal Market - Industry Life Cycle |
3.4 New Zealand Fish Meal Market - Porter's Five Forces |
3.5 New Zealand Fish Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 New Zealand Fish Meal Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 New Zealand Fish Meal Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 New Zealand Fish Meal Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.9 New Zealand Fish Meal Market Revenues & Volume Share, By Source of Species, 2021 & 2031F |
3.10 New Zealand Fish Meal Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 New Zealand Fish Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 New Zealand Fish Meal Market Trends |
6 New Zealand Fish Meal Market, By Types |
6.1 New Zealand Fish Meal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Fish Meal Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 New Zealand Fish Meal Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.1.4 New Zealand Fish Meal Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.1.5 New Zealand Fish Meal Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.1.6 New Zealand Fish Meal Market Revenues & Volume, By Fertilisers, 2021- 2031F |
6.2 New Zealand Fish Meal Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Fish Meal Market Revenues & Volume, By Aquaculture, 2021- 2031F |
6.2.3 New Zealand Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.2.4 New Zealand Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.2.5 New Zealand Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.3 New Zealand Fish Meal Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Fish Meal Market Revenues & Volume, By Salmon and Trout, 2021- 2031F |
6.3.3 New Zealand Fish Meal Market Revenues & Volume, By Marine Fish, 2021- 2031F |
6.3.4 New Zealand Fish Meal Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.5 New Zealand Fish Meal Market Revenues & Volume, By Tilapia, 2021- 2031F |
6.3.6 New Zealand Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.4 New Zealand Fish Meal Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Fish Meal Market Revenues & Volume, By Ruminants, 2021- 2031F |
6.4.3 New Zealand Fish Meal Market Revenues & Volume, By Poultry, 2021- 2031F |
6.4.4 New Zealand Fish Meal Market Revenues & Volume, By Swine, 2021- 2031F |
6.4.5 New Zealand Fish Meal Market Revenues & Volume, By Aquatic Animals, 2021- 2031F |
6.4.6 New Zealand Fish Meal Market Revenues & Volume, By Others, 2021- 2031F |
6.5 New Zealand Fish Meal Market, By Source of Species |
6.5.1 Overview and Analysis |
6.5.2 New Zealand Fish Meal Market Revenues & Volume, By Anchovy, 2021- 2031F |
6.5.3 New Zealand Fish Meal Market Revenues & Volume, By Blue Whiting, 2021- 2031F |
6.5.4 New Zealand Fish Meal Market Revenues & Volume, By Sardines, 2021- 2031F |
6.5.5 New Zealand Fish Meal Market Revenues & Volume, By Norway Pout, 2021- 2031F |
6.5.6 New Zealand Fish Meal Market Revenues & Volume, By Send eel, 2021- 2031F |
6.5.7 New Zealand Fish Meal Market Revenues & Volume, By Sprat, 2021- 2031F |
6.6 New Zealand Fish Meal Market, By Nature |
6.6.1 Overview and Analysis |
6.6.2 New Zealand Fish Meal Market Revenues & Volume, By Organic, 2021- 2031F |
6.6.3 New Zealand Fish Meal Market Revenues & Volume, By Conventional, 2021- 2031F |
7 New Zealand Fish Meal Market Import-Export Trade Statistics |
7.1 New Zealand Fish Meal Market Export to Major Countries |
7.2 New Zealand Fish Meal Market Imports from Major Countries |
8 New Zealand Fish Meal Market Key Performance Indicators |
9 New Zealand Fish Meal Market - Opportunity Assessment |
9.1 New Zealand Fish Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 New Zealand Fish Meal Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 New Zealand Fish Meal Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 New Zealand Fish Meal Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.5 New Zealand Fish Meal Market Opportunity Assessment, By Source of Species, 2021 & 2031F |
9.6 New Zealand Fish Meal Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 New Zealand Fish Meal Market - Competitive Landscape |
10.1 New Zealand Fish Meal Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Fish Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |