The Global Fish Oil and Fishmeal Market was valued at USD 7400 million in 2025 and is projected to reach USD 20356.47 million by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 11.90% during the forecast period (2025–2034). This growth is being driven by increasing demand for aquaculture products, rising consumer awareness of omega‑3 benefits, and expanding applications in pharmaceuticals, livestock, and pet food industries.
As the global nutrition landscape evolves, the spotlight is on the key players who are driving innovation, efficiency, and sustainability across the fish oil and fishmeal value chain. In this blog, we profile the Top 10 Companies in the Fish Oil and Fishmeal Market—a mix of industry leaders and emerging innovators shaping the future of global nutrition.
Fish Oil and Fishmeal Market – View in Detailed Research Report
The global Fish Oil and Fishmeal market size was estimated at USD 7400 million in 2025 and is projected to reach USD 20356.47 million by 2034, exhibiting a CAGR of 11.90% during the forecast period.
Fishmeal and fish oil are protein‑rich byproducts of smaller forage fish or low trophic level species like anchovy, herring, and krill. They are essential components used in various industries such as aquaculture, pharmaceuticals, livestock, and the pet food industry.
🔟 1. Tasa
Headquarters: Spain
Key Offering: High‑quality fishmeal and fish oil for aquaculture and livestock feed
Tasa is a leading European producer known for its sustainable fishing practices and advanced processing technologies. The company supplies premium fishmeal to aquaculture farms across Europe and Asia, while its fish oil is used in pet food and nutraceuticals.
Sustainability Initiatives:
- Certification of sustainable fisheries (MSC, ASC)
- Use of renewable energy in processing plants
- Carbon‑neutral production targets by 2030
9️⃣ 2. FF Skagen
Headquarters: Denmark
Key Offering: Premium fishmeal for aquaculture and livestock
FF Skagen specializes in high‑grade fishmeal with low cholesterol content, catering to the growing demand for healthy animal nutrition. The company’s extensive distribution network spans Europe, Asia, and the Americas.
Competitive Positioning: Known for stringent quality control and traceability.
- ISO 9001 certification
- Partnerships with leading aquaculture farms
- Research into alternative protein sources
8️⃣ 3. Omega Protein
Headquarters: United Kingdom
Key Offering: Premium fish oil for pharmaceuticals and nutraceuticals
Omega Protein focuses on delivering high‑purity fish oil rich in omega‑3 fatty acids. Its products are used in dietary supplements, functional foods, and pharmaceutical formulations.
Innovation: Continuous R&D in extraction methods to enhance purity and stability.
- Patent‑protected extraction technology
- Strategic alliances with pharmaceutical companies
- Investment in cold‑chain logistics
7️⃣ 4. Diamante
Headquarters: Norway
Key Offering: Fishmeal and fish oil for aquaculture and livestock
Diamante offers a diverse portfolio of fishmeal and fish oil products tailored for different species and feed requirements. The company emphasizes sustainable sourcing and efficient production.
- MSC certification for all fish sources
- Partnerships with Norwegian aquaculture farms
- Digital traceability platform for supply chain transparency
6️⃣ 5. Austevoll
Headquarters: Norway
Key Offering: Fishmeal for aquaculture and livestock feed
Austevoll is a global player with a strong presence in the North Atlantic. The company focuses on high‑quality fishmeal with low environmental impact.
- Renewable energy usage in processing facilities
- Collaboration with research institutes on fish welfare
- Expansion into emerging markets such as Asia and Africa
5️⃣ 6. Exalmar
Headquarters: Mexico
Key Offering: Fishmeal and fish oil for aquaculture and livestock
Exalmar supplies high‑value fishmeal to Latin American and North American markets. The company is investing in advanced processing to reduce waste and improve yield.
- Waste‑to‑energy initiatives
- Strategic partnerships with local fisheries
- Continuous improvement of product quality through ISO 22000
4️⃣ 7. Oceana Group
Headquarters: United Kingdom
Key Offering: Fishmeal and fish oil for aquaculture, livestock, and pet food
Oceana Group is a leading supplier in the UK and Ireland, offering a wide range of fishmeal products. The company focuses on sustainability and innovation in feed formulation.
- MSC and ASC certified fish sources
- Research into alternative protein blends
- Investment in digital supply chain management
3️⃣ 8. Copeinca
Headquarters: Peru
Key Offering: Fishmeal for aquaculture and livestock feed
Copeinca supplies high‑quality fishmeal to South American markets, with a focus on traceability and sustainability. The company is expanding its processing capacity to meet growing demand.
- Partnerships with local fish farms
- Implementation of digital traceability systems
- Continuous improvement in production efficiency
2️⃣ 9. Corpesca
Headquarters: Spain
Key Offering: Fishmeal for aquaculture and livestock
Corpesca is a major European supplier of fishmeal, known for its high protein content and low fat levels. The company emphasizes sustainable sourcing and efficient processing.
- MSC certification for all fish sources
- Advanced processing technology to reduce waste
- Strategic alliances with aquaculture farms across Europe
1️⃣ 10. Kodiak Fishmeal Company
Headquarters: United States
Key Offering: Fishmeal for aquaculture and livestock feed
Kodiak Fishmeal Company supplies high‑quality fishmeal to North American markets, focusing on sustainability and product innovation. The company is expanding its production capacity to meet growing demand from the aquaculture sector.
- Renewable energy usage in processing plants
- Partnerships with local fisheries for sustainable sourcing
- Investment in digital traceability and quality control systems
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🌍 Outlook: The Future of Fish Oil and Fishmeal is Sustainable and Expanding
The Fish Oil and Fishmeal market is undergoing a dynamic shift. While traditional production methods still dominate, the industry is investing billions in sustainable fishing, advanced processing technologies, and diversification of applications.
📈 Key Trends Shaping the Market:
- Rapid expansion of aquaculture in emerging economies
- Regulatory push for sustainable sourcing and traceability
- Digitalization of supply chains and real‑time quality monitoring
- Alliances between fishmeal producers and feed manufacturers to reduce environmental impact
The companies listed above are not only supplying global nutrition—they’re spearheading the green transition of the food and feed industries.
🔮 Future Trends: Innovation, Sustainability, and Diversification
- Advanced extraction technologies to increase omega‑3 yield and purity
- Development of alternative protein blends to reduce reliance on fishmeal
- Expansion into nutraceuticals, functional foods, and pet nutrition markets
- Investments in circular economy practices and waste‑to‑energy solutions
- Emerging markets such as Southeast Asia and Africa offering new growth avenues
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