Shrimp Hydrolysate Market

Shrimp Hydrolysate Market Outlook (2024 to 2034)

The global shrimp hydrolysate market will be valued at US$ 293.5 million by 2024 end and has been forecasted to expand at a noteworthy CAGR of 8.7% to end up at US$ 675.9 million by 2034. Liquid shrimp hydrolysate will be worth around US$ 147.0 million in 2024 and account for a 50.1% share of the global market.

The expansion of the processed shrimp hydrolysate market can be attributed to several factors, mainly aquaculture and agriculture which are the primary end-users of processed shrimp hydrolysate, which is a sustainable, high-grade ingredient in these sectors. As well as other high-grade substances, it possesses essential amino acids and growth factors, as well as bioactive peptides, which are aimed at enhancing the effectiveness of animal feeds and crop yields.

From the looks of it, this new age of “green” and organic products is slowly evolving, including shrimp hydrolysate, which is probably the most user and industry-friendly product at the root of all eco concerns. This trend has continued to grow in recent years due to the potential use of this product in numerous areas such as animal use, agricultural products, and human nutrition, hence the demand for this product has increased. In the latest trends, the consumption of their products in the Asia Pacific region has grown remarkably, especially in China and Vietnam due to their rapidly growing aquaculture industry.

Report Attributes	Details
Shrimp Hydrolysate Market Size (2023A)	US$ 270.0 Million
Estimated Market Value (2024E)	US$ 293.5 Million
Forecasted Market Value (2034F)	US$ 675.9 Million
Global Market Growth Rate (2024 to 2034)	8.7% CAGR
East Asia Market Share (2024)	23.6%
United States Market Growth Rate (2024 to 2034)	10.4% CAGR
Key Companies Profiled	Sopropeche; Hofseth BioCare ASA; Seagarden AS; Nikken Foods Co., Ltd.; Diana Aqua; Copalis Sea Solutions; Nueva Pescanova Group; Pacific Bio; Ocean Pride Co., Ltd.; Aroma NZ Ltd.; Bio-Oregon; Agrinos AS; Other Prominent Players.

Sales Analysis of Shrimp Hydrolysate (2019 to 2023) vs. Market Forecasts (2024 to 2034)

The value of the shrimp hydrolysate market was US$ 187.6 Million in 2019 and it will increase to US$ 270.0. Million by 2023, expanding at a CAGR of 7.5%.

• Short Term (2024 to 2028): Between the years 2024 and 2028, the consumption of protein hydrolysates derived from shrimp in aquaculture diets has been on the rise, hence they are the key growth factor for the global shrimp hydrolysate market. There has been an upsurge in the aquaculture sector within the Latin American and Asia Pacific regions which has increased the demand for quality and nutrient-rich feed ingredients. Feeds containing shrimp hydrolysates are anticipated to improve growth and feed conversion efficiency in fish and shrimp aquaculture. This is because shrimp hydrolysates are rich sources of bioavailable protein and amino acids. This trend is expected to impact the market growth on the short term.
• Medium Term (2028 to 2030): Between the years 2028 and 2030, The potential uses of shrimp hydrolysates in aquaculture are believed to be extremely high, as the trends to enhance the quality and efficiency of feeds and feeding practices are on the rise. Hydrolysates, more than ever before, have become a key component of feeds that aim to increase the efficiencies of feed utilization in aquaculture due to the need by the producers to maximize the returns associated with the ever-growing demand for seafood across the globe. For this reason, however, feed producers are required to find ways of incorporating these new foods in their sustainable development strategies, particularly in areas where the aquaculture industry is expanding.
• Long Term (2030 to 2034): During the period from 2030 to 2034, Shrimp hydrolysates will be used much more frequently as functional aquafeeds are investigated. Therefore, shrimp hydrolysates will become a more significant feed ingredient as a result of innovation targeted at enhancing the overall production, immunity, and health of farmed aquatic species. Adoption methods in various countries will accelerate due to several variables, including improved product quality and increased global demand for fish.

On the back of the aforementioned facts, the shrimp hydrolysate market is anticipated to grow at a CAGR of 8.7% during the forecast period from 2024 to 2034, according to the Fact.MR, a market research and competitive intelligence provider.

Market Dynamics

What are the factors propelling global sales of shrimp hydrolysate?

“Hydrolysates enhance immune function and growth in aquaculture species”

Shrimp hydrolysates have earned more value in recent years due to their ability to stimulate the growth and immunity of farmed aquaculture species. Shrimp hydrolysate is made from bioavailable proteins, peptides, and amino acids with high digestibility that enables an easier uptake of nutrients by fish and shrimp.

Bioactivity plays a vital role in immunoenhancement, as it gives aquatic animals disease resistance better than other species cultured in environments with high population densities wherein diseases can spread out quickly.

Simultaneously, hydrolysates have nutritional attributes associated with fast growth rates, which consequently cause a decreased time before the release of farmed animals. Recent studies show that adding shrimp hydrolysates to aquafeeds increases feed conversion ratios and results in healthier, more resilient stock, thus increasing production on the whole.

“Growing seafood export markets push demand for quality feed ingredients”

The global trade in seafood owing to aquaculture has definitely contributed in the increasing demands for quality feed ingredients in aquaculture. Today aquaculture producers incorporated a better seafood catch like fish and shrimps due to the ever increasing markets mainly in North America, Europe and Asia. In the present scenario, there is a great emphasis on premium feeds that would enhance and accelerate the growth of different aquatic animals, especially shrimp hydrolysates.

This creates a favorable environment for margin expansion in export markets owing to the cost advantages of improved production cycles and feed conversion efficiencies. Recent data indicates that seafood exporting nations of which many are rich in seafood resources are ready to sacrifice in order provide their consumers with premium seafood enhanced by advanced feed.

What are the challenges encountered by manufacturers of shrimp hydrolysate?

“Limited access to advanced extraction technology in developing regions.”

Sharp price variability for shrimps largely influences the cost of producing hydrolysates as well as the availability of raw materials. Price variability for shrimps is caused by seasonal effects supply chain disruptions, and environmental effects. This makes the supply of shrimp by-products, the raw material for hydrolysate manufacture, variable in nature.

These products then become unrecognizable and costly when shrimp prices are at their highest; hence, producers are expected to swallow these rising costs or transfer them to the consumers. Moreover, spotty availability of shrimp may interrupt manufacturing schedules leading to instability in the supply chain. Apart from meeting regulatory regimes, the producers are expected to maintain the prices at competitive levels. This is challenging in a highly price-oriented market.

Country-wise Insights

What are the key labeling requirements for shrimp hydrolysate supplements in the United States market?

“Ensuring adherence to United States dietary supplement regulations and labeling standards”

The market in the United States is estimated at US$ 27.8 million in 2024 and is projected to expand at a CAGR of 10.4% through 2034. This market is projected to generate a US$ 47.1 million absolute opportunity from 2024 to 2034.

Producers of shrimp hydrolysate must also adhere to the labeling requirement and dietary supplement regulations in the United States. Since the FDA is the governing body, dietary supplements that are being produced must be evaluated for safety; this includes several demanding requirements, including ingredient safety, operational safety, and product labeling.

It is the responsibility of the manufacturer to ensure that the product poses no danger to the consumer's health; besides this, it shall be manufactured in a facility that observes good manufacturing practices and shall be free from harmful contaminants.

Consumers expect and welcome open labeling. Failure to comply with these stipulations may result in product recalls, legal consequences, and reputation loss. As the market for shrimp hydrolysate supplements continues to grow, companies in the United States continue to commit considerable resources to observing compliance and ensuring that their products meet the highest regulatory and consumer standards.

How do Nordic shrimp hydrolysate companies compete with larger global manufacturers?

“Forming partnerships within the Nordic aquaculture network to strengthen market position”

Partnerships established within the Nordic aquaculture network allow companies that produce shrimp hydrolysate to have a strategic increase in market presence and optimize the running of the operation. By working with local fisheries and aquaculture producers, companies would be well positioned to source their raw materials from a reliable, high-quality source, leading to improvement in constancy in the product produced.

The partnership offers the sharing of knowledge that ensures a business stays ahead in terms of sustainability and innovation. In the last decade, such collaborations have become a significant avenue for coping with regulatory hurdles, simplifying supply chains, and entering new markets at regional and international levels.

Category-wise Insights

What drives price fluctuations in the global shrimp hydrolysate ingredient market?

“Growing demand from aquaculture feed sector creates pricing pressure during peak farming seasons globally”

The aquaculture feed market experienced explosive price movements through the peak farming stages globally in 2024, fueled by the rapid transformation of the industry. Consumption patterns have shifted in the Asia-Pacific regions.

Aggressive procurement strategies feed companies have adopted have become the predominant reason behind a 15-20% rise in prices during farming seasons from March to June and September to November. Hence, the current market is highly frictional with supply chains as producers do their best to cater to increasing demand from premium feed formulators. This has significant bearings on critical hubs of aquaculture-from Ecuador to Vietnam-and forces hydrolysate manufacturers to shift their production schedules.

“Advanced enzymatic processes yield superior protein fractions, elevating liquid hydrolysate's nutritional profile above powder alternatives”

Enzymatic hydrolysis technologies in 2024 have turned the production of liquid shrimp hydrolysate into a product of unmatched nutritional standards. Bioactive peptides weighing below 3000 Daltons exhibit molecular weight obtained following precision proteolysis, and absorption rates are reported to be 40% higher than in traditional powder forms.

The new process unfolds for the essential amino acid profiles, where protein digestibility scores exceed 95%. Pioneers in the industry have successfully handled the sequential release of enzymes with specific proteases meant to optimize functional peptide release together with undamaged bioactive compounds.

This technological advancement transposes into higher palatability indices and protein utilization in the metrics of aqua feed applications. Leading processors have applied proprietary enzyme cocktails in orchestrating targeted patterns of protein breakdown into consistent molecular distributions.

What factors influence flesh quality maintenance in hydrolysate-supplemented aquaculture systems?

“Marine species show accelerated growth curves when fed with enzymatically processed hydrolysates”

Marine species are fed enzymatically hydrolyzed shrimp hydrolysates. High-value farms in the Asia-Pacific and Latin American regions testify to transformational improvement, especially in the sea bass and grouper populations. The novel enzymatic hydrolysis method results in purified peptide chains, hence transforming nutrient assimilation by improving gut permeability mechanisms.

Progressive aquaculture practitioners document marked decreases in reproduction cycles while maintaining better flesh quality and texture profiles. These specialized hydrolysates drive more complex metabolic responses, thereby activating advanced muscle protein synthesis pathways that are not present in conventional feed formulation.

Competitive Landscape & Market Developments

• Aroma NZ Ltd.: In Dec 2023, Aroma NZ Ltd. expanded its operations by acquiring Nelson Ranger Fishing mussel farms, significantly increasing its capacity for open ocean activities. This acquisition includes multiple farms and enhances their operational fleet, indicating growth in their aquaculture capabilities
• Nikken Foods Co., Ltd.: In Nov 2023, Nikken Foods Co., Ltd. introduced a new state-of-the-art spray drier at their Fukuroi plant in Japan, capable of producing up to 100 metric tons per month. This expansion is expected to enhance their global business growth and improve product quality through advanced production techniques
• Seagarden AS: By Sep 2023, Seagarden AS announced the launch of new marine fish powders tailored for larval microencapsulated feeds, aimed at enhancing the nutritional value for various aquaculture species, including shrimp. This development aligns with their commitment to providing high-quality ingredients for animal nutrition

Fact.MR has provided detailed information about the price points of key manufacturers of shrimp hydrolysate positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Shrimp Hydrolysate Market Research

• By Product Form :

  • Liquid
    • Concentrated
    • Diluted
  • Powder
    • Spray-dried
    • Freeze-dried
  • Paste

• By Source :

  • Pacific White Shrimp
  • Giant Tiger Prawn
  • Akiami Paste Shrimp
  • Others

• By Application :

  • Aquaculture
    • Fish Feed
    • Shrimp Feed
    • Other Aquatic Species Feed
  • Agriculture
    • Fertilizers
    • Biostimulants
  • Animal Feed
    • Poultry Feed
    • Swine Feed
    • Others (e.g., Cattle, Pets)
  • Food & Beverages
    • Flavor Enhancers
    • Nutritional Supplements
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Others (e.g., Biotechnology, Research)

• By End-User Industry :

  • Aquaculture
  • Agriculture
  • Animal Feed
  • Food & Beverage
  • Cosmetics
  • Pharmaceutical
  • Others

• By Distribution Channel :

  • Online Retails
    • E-commerce platforms
    • Manufacturer's own online stores
    • Specialized online retailers
  • Offline Retails
    • Specialty Stores
    • Direct Sales
    • Distributors/Wholesalers
    • Agricultural Cooperatives

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa