Thursday, January 19, 2017
MEAT & SEAFOOD
European market for fish oil unstable due to ltd supply, rising demand
Monday, 09 January, 2017, 08 : 00 AM [IST]
Ken Research’s report, titled Europe and Southeast Asia Fishmeal and Fish Oil Market, stated that the market for fishmeal and oil remained unstable due to limited supply, whereas the demand was witnessing a continuous rise driven by health awareness among the population.
The global production of fish meal is unstable. In 2015, it recorded a fall as compared to the production in 2000. There has been a great fluctuation in the prices in the last two years, whereas it is expected that prices will settle soon. In the short term outlook, the authorisation of the second anchovy fishing season in Peru has brought some ease in the market.
The report discussedplant distribution and capacity production analysis, including capacity, production, capacity utilisation rate, price, revenue, cost, gross and gross margin analysis.
It explained major manufacturers’ performances and positioning. In terms of countries, it discussed Norway, Denmark, Iceland, Thailand, Vietnam and others. Supply, import, export and consumption analysis has also been covered, considering leading consuming, importing and exporting countries.
As of September 2016, there are over 30 major manufacturers in this field in the European and Southeast Asian market, mainly located inNorway, Denmark, Iceland, Thailand, Vietnam and Malaysia, and mainly concentrated in Austevoll Seafood ASA, KT Group, Cermaq and FF Skagen, which held a market share of about 21 per cent in 2015.
Austevoll Seafood ASA, the leading manufacturer,had a production share of 7.41 per cent in 2015, followed by Cermaq (5.43 per cent) and KT Group (5.34 per cent). There are over 40 plants in operation. Giants like Austevoll Seafood ASA and Grobest have several plants.
The key topics covered in the report include Europe fish oil production; global fish and seafood market research; fish and seafood market research report; Europe fish oil market size; global fish oil market revenue; Europe fish oil market demand; fish oil market capacity utilisation; global fish oil market trade; fish meal market import export; fish oil consumption and Europe and Southeast Asia fish meal market outlook.
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