Global Fishmeal market is expected to reach US$ 10.31 Billion by 2027. Globally, fishmeal is a generic word for a nutrient-rich meal ingredient utilized predominantly in diets for domestic animals, occasionally used as a high-quality organic fertilizer. Fishmeal can be produced from basically any type of seafood but is generally manufactured from wild-caught, small marine fish possessing a high percentage of bones and oil and are usually deemed unsuitable for direct human consumption. Besides, nutritionists recognize fishmeal as a high-quality, very digestible feed component that is preferred for the diet of most farm animals, mainly fish and shrimp.

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