Product Code: ETC4594768 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Fishmeal and fish oil are essential components of the aquaculture and animal feed industries in Singapore. The country imports a substantial quantity of these products to meet the dietary requirements of fish, poultry, and livestock. The Singapore fishmeal and fish oil market play a pivotal role in supporting the growth of these sectors. With the increasing demand for protein-rich animal feed and the focus on sustainable sourcing, the market for fishmeal and fish oil continues to evolve. As Singapore works towards enhancing its food production capabilities, this market will remain a vital contributor to its agricultural landscape.
The Singapore fishmeal and fish oil market is primarily driven by the expanding aquaculture and livestock industries. Both sectors rely heavily on fishmeal and fish oil as vital ingredients in animal feeds. The robust growth in these industries is fueling the demand for these products. Moreover, increasing consumer awareness of the health benefits of fish oil and the growing demand for omega-3 fatty acids as dietary supplements are contributing to the market`s growth. Sustainability initiatives, such as responsible fishing practices and the use of alternative protein sources in animal feeds, are also shaping the market as environmental concerns gain prominence.
The Singapore Fishmeal and Fish Oil Market face challenges related to sourcing sustainable raw materials. Overfishing, bycatch, and environmental concerns have led to the need for responsible sourcing of fishmeal and fish oil. Meeting the growing demand for aquaculture and animal feed while ensuring a sustainable supply chain is a complex challenge. Additionally, fluctuations in fish stocks and pricing can affect market stability.
The COVID-19 pandemic brought challenges to the Singapore Fishmeal and Fish Oil Market. Disruptions in the supply chain affected the availability of raw materials, impacting the production of fishmeal and fish oil. The market also experienced fluctuations in demand as changes in consumer preferences and economic uncertainties influenced the aquaculture and livestock industries. The pandemic underscored the need for sustainable sourcing and alternative protein ingredients, which may shape the future of this market.
Companies like Pacific Seafood, Omega Protein Corporation, and Copeinca ASA are significant players in the Singapore fishmeal and fish oil market. They are involved in the production and distribution of fishmeal and fish oil products that serve as essential ingredients in aquaculture feeds and other industries.
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 Singapore Fishmeal & Fish Oil Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Fishmeal & Fish Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Fishmeal & Fish Oil Market - Industry Life Cycle |
3.4 Singapore Fishmeal & Fish Oil Market - Porter's Five Forces |
3.5 Singapore Fishmeal & Fish Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Fishmeal & Fish Oil Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Singapore Fishmeal & Fish Oil Market Revenues & Volume Share, By LivestockApplication, 2021 & 2031F |
4 Singapore Fishmeal & Fish Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Fishmeal & Fish Oil Market Trends |
6 Singapore Fishmeal & Fish Oil Market, By Types |
6.1 Singapore Fishmeal & Fish Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Fishmeal, 2021-2031F |
6.1.4 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Fish Oil, 2021-2031F |
6.2 Singapore Fishmeal & Fish Oil Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Salmon & Trout, 2021-2031F |
6.2.3 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Marine Fish, 2021-2031F |
6.2.4 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Crustaceans, 2021-2031F |
6.2.5 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Tilapia, 2021-2031F |
6.2.6 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Carps, 2021-2031F |
6.3 Singapore Fishmeal & Fish Oil Market, By LivestockApplication |
6.3.1 Overview and Analysis |
6.3.2 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Aquatic Animals, 2021-2031F |
6.3.3 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Swine, 2021-2031F |
6.3.4 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Poultry, 2021-2031F |
6.3.5 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Cattle, 2021-2031F |
6.3.6 Singapore Fishmeal & Fish Oil Market Revenues & Volume, By Pets, 2021-2031F |
7 Singapore Fishmeal & Fish Oil Market Import-Export Trade Statistics |
7.1 Singapore Fishmeal & Fish Oil Market Export to Major Countries |
7.2 Singapore Fishmeal & Fish Oil Market Imports from Major Countries |
8 Singapore Fishmeal & Fish Oil Market Key Performance Indicators |
9 Singapore Fishmeal & Fish Oil Market - Opportunity Assessment |
9.1 Singapore Fishmeal & Fish Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Fishmeal & Fish Oil Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Singapore Fishmeal & Fish Oil Market Opportunity Assessment, By LivestockApplication, 2021 & 2031F |
10 Singapore Fishmeal & Fish Oil Market - Competitive Landscape |
10.1 Singapore Fishmeal & Fish Oil Market Revenue Share, By Companies, 2024 |
10.2 Singapore Fishmeal & Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |