Global Fish Oil and Fishmeal market size was estimated at USD 7,400 million in 2025 and is projected to reach USD 20,356.47 million by 2034, exhibiting a CAGR of 11.90% during the forecast period.
North America Fish Oil and Fishmeal market size was estimated at USD 2,341.65 million in 2025, at a CAGR of 10.20% during the forecast period of 2026 through 2034.
Fish Oil and Fishmeal Market – View in Detailed Research Report
Fishmeal and fish oil are protein‑rich byproducts of smaller forage fish or low‑trophic‑level species such as anchovy, herring, and krill. They serve as key ingredients across aquaculture, pharmaceuticals, livestock, and pet food sectors, where their high protein content and omega‑3 fatty acids are prized.
Top 10 Companies in the Fish Oil and Fishmeal Market (2026)
- Tasa
- FF Skagen
- Omega Protein
- Diamante
- SÜRSAN
- Austevoll
- Exalmar
- Oceana Group
- Copeinca
- Corpesca
1️⃣ Tasa
Headquarters: Spain
Key Offering: Fishmeal and fish oil with a focus on sustainability
Tasa has positioned itself as a benchmark for responsible sourcing, integrating traceability systems that track fish from catch to feed. Its product range spans high‑protein fishmeal for aquaculture to omega‑3‑rich fish oil used in nutraceuticals.
Sustainability & Growth Initiatives:
- Investment in closed‑loop processing to reduce waste
- Partnerships with marine conservation NGOs to secure future forage stocks
- Expansion of its European distribution network to meet rising demand in the pet‑food sector
2️⃣ FF Skagen
Headquarters: Denmark
Key Offering: Premium fishmeal for aquaculture and livestock
FF Skagen’s reputation for high‑quality fishmeal stems from its stringent quality controls and consistent supply chain management. The company has recently launched a new line of low‑fat fishmeal aimed at reducing caloric density in aquaculture feeds.
Strategic Focus:
- Research into alternative feed matrices to complement fishmeal
- Collaborations with feed manufacturers to embed fishmeal in blended formulations
- Enhanced logistics to support rapid delivery across the Nordic and Baltic markets
3️⃣ Omega Protein
Headquarters: United States
Key Offering: Premium fish oil for pharmaceutical and nutraceutical applications
Omega Protein has carved a niche by offering high‑purity fish oil that meets stringent pharmaceutical standards. Its portfolio includes a range of omega‑3 formulations tailored for dietary supplements and prescription products.
Innovation Highlights:
- Development of encapsulated omega‑3s for improved stability
- Partnerships with major supplement brands to secure long‑term supply contracts
- Investment in extraction technologies that lower energy consumption
4️⃣ Diamante
Headquarters: Italy
Key Offering: Fishmeal and fish oil for aquaculture and livestock
Diamante leverages its Mediterranean heritage to supply high‑quality fishmeal sourced from local fisheries. The company’s strategy includes diversifying its product line to cater to both traditional aquaculture and emerging plant‑based feed markets.
Strategic Initiatives:
- Expansion of processing capacity in Southern Italy to meet EU demand
- Collaborations with research institutions on protein‑enhancement techniques
- Adoption of blockchain for supply‑chain transparency
5️⃣ SÜRSAN
Headquarters: Germany
Key Offering: Fishmeal and fish oil for pet food and livestock
SÜRSAN’s product portfolio is tailored to the European pet‑food market, where the demand for omega‑3‑rich ingredients has risen sharply. The company’s focus on product safety and regulatory compliance has strengthened its market position.
Growth Drivers:
- Strategic alliances with pet‑food manufacturers across Germany and the EU
- Investment in quality‑control laboratories to meet EU feed regulations
- Expansion of its distribution network into Eastern Europe
6️⃣ Austevoll
Headquarters: Norway
Key Offering: Fishmeal for aquaculture and fish oil for nutraceuticals
Austevoll’s expertise lies in sustainable sourcing from Norwegian waters. The company has recently introduced a new line of high‑protein fishmeal designed to improve feed conversion ratios in salmon farming.
Strategic Focus:
- Investment in renewable energy for processing plants
- Partnerships with Norwegian aquaculture farms to secure raw material supply
- Development of a digital platform for real‑time feed performance analytics
7️⃣ Exalmar
Headquarters: Spain
Key Offering: Fishmeal and fish oil for livestock and aquaculture
Exalmar has positioned itself as a key supplier in the European livestock market, offering a range of protein‑rich fishmeal that complements conventional feed ingredients.
Strategic Initiatives:
- Expansion of processing capacity in Andalusia to serve Iberian markets
- Collaborations with feed manufacturers to integrate fishmeal into blended formulations
- Investment in sustainability certifications to meet EU environmental standards
8️⃣ Oceana Group
Headquarters: United Kingdom
Key Offering: Fishmeal for aquaculture and fish oil for nutraceuticals
Oceana Group’s portfolio is built around high‑quality fishmeal sourced from the North Atlantic. The company’s strategic focus on product consistency has made it a preferred supplier for premium salmon farms.
Growth Drivers:
- Partnerships with leading aquaculture operators in the UK and Ireland
- Investment in advanced processing technologies to reduce by‑product waste
- Expansion of its logistics network to support rapid delivery across the UK
9️⃣ Copeinca
Headquarters: Peru
Key Offering: Fishmeal for aquaculture and fish oil for livestock
Copeinca’s strategic advantage lies in its access to the rich Peruvian fisheries, allowing it to supply high‑protein fishmeal at competitive prices. The company has recently expanded its operations into the Latin American pet‑food market.
Strategic Focus:
- Expansion of processing facilities in Lima to meet growing demand
- Partnerships with local feed manufacturers to embed fishmeal into blended feeds
- Investment in traceability systems to guarantee product quality
🔟 Corpesca
Headquarters: Spain
Key Offering: Fishmeal and fish oil for aquaculture and pet food
Corpesca’s diversified portfolio spans fishmeal for salmon farming and fish oil for pet‑food formulations. The company’s focus on product innovation has helped it secure long‑term contracts with major pet‑food manufacturers in Europe.
Growth Drivers:
- Strategic alliances with pet‑food brands across Spain and Portugal
- Investment in high‑purity fish oil production lines
- Expansion of its distribution network into Central Europe
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🌍 Outlook: The Future of Fish Oil and Fishmeal
Demand for high‑quality protein sources is reshaping the feed landscape. While traditional fishmeal remains a staple in aquaculture, the rise of functional foods and nutraceuticals is expanding the reach of fish oil into new markets. Sustainable sourcing practices and technological innovations are expected to drive cost efficiencies and unlock new growth corridors, especially in emerging economies where aquaculture is accelerating.
📈 Key Trends Shaping the Market
- Accelerated adoption of advanced extraction technologies that improve yield and reduce energy consumption.
- Growing consumer preference for omega‑3‑rich products, boosting demand in the pet‑food and nutraceutical sectors.
- Strategic partnerships between fish‑meal producers and feed manufacturers to develop blended formulations that reduce reliance on traditional protein sources.
- Expansion of production capacity in regions with high aquaculture potential, such as Southeast Asia and Latin America.
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