Surimi By-product Market

Surimi By-product Market Forecast and Outlook 2025 to 2035

The global surimi by-product market is projected to grow from USD 320.0 million in 2025 to approximately USD 460.0 million by 2035, recording an absolute increase of USD 140.0 million over the forecast period. This translates into a total growth of 43.8%, with the market forecast to expand at a CAGR of 3.7% between 2025 and 2035.

The overall market size is expected to grow by nearly 1.4X during the same period, supported by increasing demand for value-added marine protein products, rising adoption of fish oil applications in aquaculture feed systems, and growing focus on resource optimization across the global seafood processing and marine biotechnology sectors.

Quick Stats for Surimi By-product Market

• Surimi By-product Market Value (2025): USD 320.0 million
• Surimi By-product Market Forecast Value (2035): USD 460.0 million
• Surimi By-product Market Forecast CAGR: 3.7%
• Leading Type in Surimi By-product Market: Fish Oil (40.0%)
• Key Growth Regions in Surimi By-product Market: Asia Pacific, North America, and Europe
• Key Players in Surimi By-product Market: Nippon Suisan, Thai Union, Vinh Hoan, Maruha Nichiro, Alaska Protein Recovery, Surimi Tech, Oceana Group, Golden Prize

Between 2025 and 2030, the surimi by-product market is projected to expand from USD 320.0 million to USD 383.0 million, resulting in a value increase of USD 63.0 million, which represents 45.0% of the total forecast growth for the decade. This phase of development will be shaped by rising demand for marine protein derivatives, increasing applications in aquaculture feed optimization, and growing penetration in emerging biotechnology markets. Seafood processors are expanding their by-product valorization capabilities to address the growing demand for high-value marine ingredients in various industrial segments and specialized nutrition programs.

Surimi By-product Market Key Takeaways

Metric	Value
Estimated Value in (2025E)	USD 320.0 million
Forecast Value in (2035F)	USD 460.0 million
Forecast CAGR (2025 to 2035)	3.7%

From 2030 to 2035, the market is forecast to grow from USD 383.0 million to USD 460.0 million, adding another USD 77.0 million, which constitutes 55.0% of the overall ten-year expansion. This period is expected to be characterized by the expansion of advanced processing facilities, the integration of cutting-edge extraction technologies, and the development of specialized protein recovery systems for specific industrial applications. The growing adoption of marine biotechnology standards and processing efficiency protocols will drive demand for ultra-high efficiency extraction systems with enhanced purity specifications and consistent quality characteristics.

Between 2020 and 2025, the surimi by-product market experienced steady expansion, driven by increasing recognition of marine waste valorization technologies' importance in seafood processing operations and growing acceptance of protein recovery solutions in complex aquaculture markets. The market developed as processors recognized the need for high-efficiency extraction systems to address resource optimization requirements and improve overall operational profitability. Research and development activities have begun to emphasize the importance of advanced processing technologies in achieving better efficiency and quality in marine protein recovery processes.

Why is the Surimi By-product Market Growing?

Market expansion is being supported by the increasing demand for value-added marine protein ingredients and the corresponding need for high-efficiency extraction systems in surimi by-product applications across global seafood processing and aquaculture feed operations. Modern seafood processors are increasingly focused on advanced valorization technologies that can improve resource utilization, reduce waste disposal costs, and enhance product portfolio diversification while meeting stringent quality requirements. The proven efficacy of by-product recovery systems in various industrial applications makes them an essential component of comprehensive resource optimization strategies and circular economy programs.

The growing emphasis on seafood industry transformation and advanced processing optimization is driving demand for ultra-efficient extraction systems that meet stringent performance specifications and quality requirements for specialized applications. Seafood processors' preference for reliable, high-performance recovery systems that can ensure consistent product quality is creating opportunities for innovative extraction technologies and customized processing solutions. The rising influence of aquaculture feed requirements and marine biotechnology protocols is also contributing to increased adoption of premium-grade extraction systems across different processing applications and industrial systems requiring advanced protein recovery technology.

Opportunity Pathways - Surimi By-product Market

The surimi by-product market represents a specialized growth opportunity, expanding from USD 320.0 million in 2025 to USD 460.0 million by 2035 at a 3.7% CAGR. As processors prioritize resource optimization, waste valorization compliance, and processing efficiency performance in complex extraction processes, by-product recovery systems have evolved from a niche processing technology to an essential component enabling resource utilization, profitability optimization, and multi-stage production across seafood operations and specialized industrial applications.

The convergence of processing expansion, increasing extraction adoption, specialized biotechnology organization growth, and valorization requirements creates momentum in demand. High-efficiency formulations offering superior recovery performance, cost-effective fish oil systems balancing performance with economics, and specialized protein hydrolysate variants for premium applications will capture market premiums, while geographic expansion into high-growth Asian processing markets and emerging market penetration will drive volume leadership. Industry emphasis on resource efficiency and quality reliability provides structural support.

• Pathway A - Fish Oil Dominance: Leading with 40.0% market share, fish oil applications drive primary demand through complex processing workflows requiring comprehensive extraction systems for specialized production. Advanced formulations enabling improved recovery efficiency, reduced processing costs, and enhanced product quality command premium pricing from processors requiring stringent performance specifications and quality compliance. Expected revenue pool: USD 128.0-184.0 million.
• Pathway B - Feed Application Leadership: Dominating with 50.0% market share through an optimal balance of performance and cost-effectiveness, feed applications serve most processing operations while meeting aquaculture nutrition requirements. This application addresses both performance standards and economic considerations, making it the preferred choice for processing and aquaculture operations seeking reliable nutrition enhancement. Opportunity: USD 160.0-230.0 million.
• Pathway C - Asian Market Acceleration: India (4.2% CAGR) and Thailand (4.0% CAGR) lead global growth through processing infrastructure expansion, aquaculture industry development, and domestic marine protein demand. Strategic partnerships with local processors, quality compliance expertise, and supply chain localization enable the expansion of extraction technology in major processing hubs. Geographic expansion upside: USD 80.0-150.0 million.
• Pathway D - Liquid Form Premium Segment: Liquid forms serve specialized applications requiring exceptional performance specifications for critical processing operations. Liquid formulations supporting consistent quality requirements, complex extraction applications, and performance-sensitive processes command significant premiums from advanced processing organizations and specialized biotechnology facilities. Revenue potential: USD 192.0-276.0 million.
• Pathway E - Advanced Extraction & Processing Systems: Companies investing in sophisticated extraction technologies, specialized recovery systems, and automated processing capabilities gain competitive advantages through consistent system performance and product quality reliability. Advanced capabilities enabling customized specifications and rapid deployment capture premium processing partnerships. Technology premium: USD 40.0-80.0 million.
• Pathway F - Supply Chain Optimization & Reliability: Specialized distribution networks, strategic inventory management, and reliable supply chain systems create competitive differentiation in processing markets requiring consistent by-product recovery service availability. Companies offering guaranteed supply security, technical support, and quality documentation gain preferred supplier status with compliance-focused processors. Supply chain value: USD 30.0-60.0 million.
• Pathway G - Emerging Applications & Market Development: Beyond traditional fish oil extraction, surimi by-product processing in specialty protein hydrolysates, premium collagen derivatives, and novel bioactive compounds represent growth opportunities. Companies developing new applications, supporting R&D initiatives, and expanding into adjacent biotechnology markets capture incremental demand while diversifying revenue streams. Emerging opportunity: USD 20.0-40.0 million.

Segmental Analysis

The market is segmented by type, application, form, and region. By type, the market is divided into fish oil, protein hydrolysate, and gelatin/collagen. Based on application, the market is categorized into feed, food additives, and fertilizers. By form, the market is divided into liquid and powder. Regionally, the market is divided into Asia Pacific, North America, Europe, Latin America, Middle East & Africa.

By Type, Fish Oil Segment Accounts for 40.0% Market Share

The fish oil segment is projected to account for 40.0% of the surimi by-product market in 2025, reaffirming its position as the category's dominant type. Processors increasingly recognize the optimal balance of market value and extraction efficiency offered by fish oil for most industrial applications, particularly in aquaculture feed and nutritional supplement processes. This type addresses both performance requirements and economic considerations while providing reliable quality across diverse processing applications.

This type forms the foundation of most processing protocols for by-product applications, as it represents the most widely accepted and commercially viable level of marine protein extraction technology in the industry. Quality control standards and extensive application testing continue to strengthen confidence in fish oil formulations among processing and aquaculture providers. With increasing recognition of the value-performance optimization requirements in resource utilization, fish oil systems align with both operational efficiency and profitability goals, making them the central growth driver of comprehensive processing optimization strategies.

By Application, Feed Segment Accounts for 50.0% Market Share

Feed application is projected to represent 50.0% of surimi by-product demand in 2025, underscoring its role as the primary application segment driving market adoption and growth. Processors recognize that aquaculture feed requirements, including complex nutrition processes, specialized fish health needs, and multi-stage feeding systems, often require advanced by-product ingredients that standard feed technologies cannot adequately provide. By-product ingredients offer enhanced nutritional value and feed efficiency in aquaculture operations.

The segment is supported by the growing nature of aquaculture adoption, requiring sophisticated nutrition systems, and the increasing recognition that advanced by-product ingredients can improve feed performance and fish health outcomes. Additionally, processors are increasingly adopting evidence-based aquaculture guidelines that recommend specific by-product ingredients for optimal fish nutrition. As understanding of aquaculture nutrition complexity advances and feed requirements become more stringent, by-product ingredients will continue to play a crucial role in comprehensive nutrition strategies within the aquaculture market.

By Form, Liquid Segment Accounts for 60.0% Market Share

The liquid form segment is projected to account for 60.0% of the surimi by-product market in 2025, establishing its position as the preferred form for most processing applications. Processors increasingly favor liquid forms due to their superior handling characteristics, enhanced integration capabilities with existing processing systems, and improved efficiency in downstream applications. This form addresses both operational requirements and quality considerations while providing consistent performance across diverse industrial applications.

Liquid forms dominate processing protocols for by-product applications, representing the most practical and operationally efficient format for marine protein extraction in the industry. Processing equipment compatibility and extensive application validation continue to strengthen confidence in liquid formulations among processors and end-users. With increasing recognition of the operational efficiency requirements in by-product processing, liquid systems align with both processing optimization and application effectiveness goals, making them the preferred format for comprehensive extraction strategies.

What are the Drivers, Restraints, and Key Trends of the Surimi By-product Market?

The surimi by-product market is advancing steadily due to increasing recognition of extraction technologies' importance and growing demand for high-efficiency recovery systems across the seafood processing and aquaculture sectors. However, the market faces challenges, including complex processing requirements, potential for quality variations during extraction and storage, and concerns about supply chain consistency for specialized processing equipment. Innovation in extraction technologies and customized processing protocols continues to influence product development and market expansion patterns.

Expansion of Advanced Processing Facilities and Extraction Technologies

The growing adoption of advanced processing facilities is enabling the development of more sophisticated extraction production and quality control systems that can meet stringent industrial requirements. Specialized processing facilities offer comprehensive extraction services, including advanced recovery and purification processes that are particularly important for achieving high-efficiency requirements in biotechnology applications. Advanced processing capabilities provide access to premium services that can optimize resource utilization and reduce processing costs while maintaining cost-effectiveness for large-scale operations.

Integration of Biotechnology Systems and Quality Management Systems

Modern processing organizations are incorporating advanced technologies such as real-time quality monitoring, automated extraction systems, and supply chain integration to enhance by-product recovery and distribution processes. These technologies improve processing performance, enable continuous quality monitoring, and provide better coordination between suppliers and customers throughout the extraction cycle. Advanced biotechnology platforms also enable customized performance specifications and early identification of potential quality deviations or supply disruptions, supporting reliable processing production.

Analysis of the Surimi By-product Market by Key Country

Country	CAGR (2025-2035)
India	4.2%
Thailand	4.0%
Japan	3.9%
China	3.8%
USA	3.4%
South Korea	3.2%
Norway	3.0%

The surimi by-product market is experiencing varied growth globally, with India leading at a 4.2% CAGR through 2035, driven by the expansion of aquaculture infrastructure development, increasing processing capacity capabilities, and growing domestic demand for high-efficiency extraction systems. Thailand follows at 4.0%, supported by processing expansion, growing recognition of advanced extraction technology importance, and expanding aquaculture capacity. Japan records 3.9% growth, with a focus on developing the processing technology and biotechnology industries.

China shows 3.8% growth, representing a mature market with established processing patterns and aquaculture frameworks. USA demonstrates 3.4% growth with focus on biotechnology adoption. South Korea demonstrates 3.2% growth, emphasizing processing infrastructure expansion and systematic aquaculture approaches. Norway demonstrates 3.0% growth, emphasizing processing infrastructure expansion and systematic aquaculture approaches.

India Demonstrates Growing Market Potential with Aquaculture Infrastructure Development

Revenue from surimi by-product in India is projected to exhibit robust growth with a CAGR of 4.2% through 2035, driven by ongoing aquaculture expansion and increasing recognition of high-efficiency extraction systems as essential processing components for complex marine protein applications. The country's expanding aquaculture infrastructure and growing availability of specialized processing capabilities are creating significant opportunities for by-product adoption across both domestic and export-oriented processing facilities. Major international and domestic processing companies are establishing comprehensive extraction and distribution networks to serve the growing population of processors and aquaculture facilities requiring high-performance by-product systems across feed and biotechnology applications throughout India's major coastal processing hubs.

The Indian government's strategic emphasis on aquaculture modernization and marine processing advancement is driving substantial investments in specialized extraction capabilities. This policy support, combined with the country's large domestic aquaculture market and expanding processing requirements, creates a favorable environment for the surimi by-product market development. Indian processors are increasingly focusing on high-value biotechnology applications to improve processing capabilities, with by-product extraction representing a key component in this industrial transformation.

• Government initiatives supporting aquaculture development and processing modernization are driving demand for high-efficiency extraction systems throughout major processing and aquaculture centers, including coastal regions of Kerala, Tamil Nadu, and Andhra Pradesh.
• Processing capacity expansion and extraction system development are supporting appropriate utilization of by-product recovery among processors and aquaculture facilities nationwide, with particular growth in marine protein operations and feed enhancement services.

Thailand Demonstrates Exceptional Market Potential with Processing Growth

Revenue from surimi by-product in Thailand is expanding at a CAGR of 4.0%, supported by increasing processing accessibility, growing industry awareness, and developing technology market presence across the country's major seafood processing clusters. The country's large processing sector and increasing recognition of advanced extraction systems are driving demand for effective high-efficiency recovery solutions in both aquaculture feed and industrial applications. International processing companies and domestic providers are establishing comprehensive distribution channels to serve the growing demand for quality extraction systems while supporting the country's position as an emerging marine biotechnology market.

Thailand's processing sector continues to benefit from favorable aquaculture policies, expanding processing capabilities, and cost-competitive industrial infrastructure development. The country's focus on becoming a global seafood processing hub is driving investments in specialized extraction technology and marine protein infrastructure. This development is particularly important for by-product applications, as processors seek reliable domestic sources for critical marine protein technologies to reduce import dependency and improve supply chain security.

• Rising awareness about advanced extraction options and improving processing capabilities are creating opportunities for specialized by-product systems across processing and industrial settings in major hubs like Bangkok, Phuket, and Songkhla.
• Growing processing infrastructure development and technology adoption are supporting increased access to high-efficiency extraction services among organizations requiring comprehensive recovery capabilities, particularly in aquaculture feed and biotechnology organizations.

Japan Maintains Technology Leadership

Japan's advanced processing technology market demonstrates sophisticated biotechnology deployment with documented extraction effectiveness in processing departments and aquaculture centers through integration with existing processing systems and marine protein infrastructure. The country leverages processing expertise in biotechnology and processing systems integration to maintain a 3.9% CAGR through 2035. Processing centers, including major coastal areas, showcase premium installations where extraction systems integrate with comprehensive processing information systems and quality platforms to optimize recovery accuracy and operational workflow effectiveness.

Japanese processors prioritize system reliability and quality compliance in processing development, creating demand for premium systems with advanced features, including quality validation and integration with Japanese processing standards. The market benefits from established processing industry infrastructure and a willingness to invest in advanced extraction technologies that provide long-term operational benefits and compliance with quality regulations.

China Shows Strong Regional Growth

China’s market shows robust and sustained growth, underpinned by an expanding base of processing and extraction applications across multiple industrial sectors. The country’s modernization programs, particularly in aquaculture and marine resource processing, continue to stimulate adoption of advanced extraction technologies aimed at maximizing yield, improving sustainability, and minimizing operational waste. These initiatives align with government-backed marine industry programs emphasizing efficiency and environmental stewardship, creating fertile ground for the expansion of extraction solutions in both large-scale and regional facilities.

Maintaining an estimated 3.8% CAGR through 2035, China’s trajectory reflects the rising awareness among processors about the economic and ecological benefits of efficient extraction systems. The market’s competitive landscape is increasingly defined by the pursuit of cost-effective yet technologically capable solutions, balancing performance with affordability, an essential factor for widespread adoption among domestic processors. Rapid growth in processing infrastructure, including new facility developments and modernization projects, further accelerates demand for advanced extraction equipment. As a result, China is emerging as one of the most dynamic markets in Asia for integrated extraction technologies, combining high-volume industrial demand with a policy environment that prioritizes sustainable resource utilization and long-term industrial upgrading.

USA Maintains Processing Innovation

USA's advanced processing technology market demonstrates sophisticated extraction deployment with documented recovery effectiveness in processing facilities and aquaculture operations through integration with existing processing systems and biotechnology infrastructure. The country leverages processing expertise in biotechnology and extraction systems integration to maintain a 3.4% CAGR through 2035. Processing facilities, including major coastal regions, showcase premium installations where extraction systems integrate with comprehensive processing management systems and quality platforms to optimize recovery efficiency and operational workflow effectiveness.

American processors prioritize system reliability and regulatory compliance in processing development, creating demand for premium systems with advanced features, including quality validation and integration with US processing standards. The market benefits from established biotechnology infrastructure and investment in advanced extraction technologies that provide long-term operational benefits and compliance with processing regulations.

South Korea Emphasizes Processing Excellence

South Korea’s market reflects a consistent trajectory of technological refinement and processing sophistication, advancing at a 3.2% CAGR through 2035. The country’s emphasis on processing excellence is evident in its preference for high-performance extraction systems designed to ensure precise, repeatable, and efficient output, particularly within specialized marine protein and biotechnology applications. Korean processors value equipment that not only delivers superior extraction yields but also aligns seamlessly with existing automated processing lines, minimizing downtime and integration challenges.

Market demand is strongly influenced by the nation’s commitment to innovation, quality assurance, and process optimization, with end users prioritizing solutions featuring precision control algorithms, intelligent monitoring systems, and data-driven quality validation tools. These advanced capabilities support South Korea’s broader industrial focus on maintaining international competitiveness through high standards of productivity and reliability. Furthermore, collaboration between equipment manufacturers, research institutes, and marine processing companies continues to drive innovation in system design and material recovery efficiency. Overall, South Korea’s market is defined by its technological maturity, operational discipline, and dedication to excellence, positioning it as a leader in the adoption of advanced, digitally integrated extraction technologies across the Asia-Pacific region.

Norway Shows Specialized Market Development

Norway demonstrates steady market development with a 3.0% CAGR through 2035, distinguished by processors' preference for high-quality extraction systems that integrate seamlessly with existing processing equipment and provide reliable long-term operation in specialized marine applications. The market prioritizes advanced features, including precision recovery algorithms, quality validation, and integration with comprehensive processing platforms that reflect Norwegian industry expectations for technological advancement and operational excellence.

Norwegian processors focus on system reliability and precision in extraction development, creating demand for premium systems with advanced features including automated quality monitoring and comprehensive customer support. The market benefits from established marine processing infrastructure and investment in extraction technology that provides long-term operational benefits.

Europe Market Split by Country

The surimi by-product market in Europe is projected to grow steadily through 2035, with individual country performance varying across the region. Norway is expected to maintain its leadership position with a market value of USD 70.0 million in 2025, supported by its advanced marine processing infrastructure, precision extraction capabilities, and strong aquaculture presence throughout major coastal processing regions.

Germany follows with USD 40.0 million in 2025, driven by advanced biotechnology protocols, processing innovation integration, and expanding specialty marine protein networks serving both domestic and international markets. France holds USD 50.0 million in 2025, supported by processing infrastructure expansion and growing adoption of high-efficiency extraction systems. UK commands USD 30.0 million in 2025, while Spain accounts for USD 25.0 million in 2025. The Rest of Europe region, including Nordic countries, Eastern European markets, and smaller Western European markets, holds USD 65.0 million in 2025, representing diverse market opportunities with established processing and marine biotechnology capabilities.

Competitive Landscape of the Surimi By-product Market

The surimi by-product market is characterized by competition among established processing companies, specialty extraction companies, and marine biotechnology suppliers focused on delivering high-efficiency, consistent, and reliable extraction systems. Companies are investing in processing technology advancement, quality control enhancement, strategic partnerships, and customer technical support to deliver effective, efficient, and reliable extraction solutions that meet stringent processing and aquaculture requirements. Recovery optimization, quality validation protocols, and supply chain strategies are central to strengthening product portfolios and market presence.

Nippon Suisan leads the market with 12.0% market share and comprehensive high-efficiency extraction system offerings with a focus on quality consistency and recovery reliability for processing applications. Thai Union provides specialized processing systems with emphasis on aquaculture feed applications and comprehensive technical support services. Vinh Hoan focuses on advanced extraction technologies and customized processing solutions for recovery systems serving global markets. Maruha Nichiro delivers established processing systems with strong quality control systems and customer service capabilities.

Alaska Protein Recovery operates with a focus on bringing innovative extraction technologies to specialized processing applications and emerging markets. Surimi Tech provides comprehensive extraction system portfolios, including advanced recovery services, across multiple processing applications and aquaculture feed processes. Oceana Group specializes in customized processing solutions and quality management systems for extraction systems with emphasis on regulatory compliance. Golden Prize provides reliable supply chain solutions and technical expertise to enhance market accessibility and customer access to essential extraction systems.

Key Players in the Surimi By-product Market

• Nippon Suisan Kaisha, Ltd.
• Thai Union Group PCL
• Vinh Hoan Corporation
• Maruha Nichiro Corporation
• Alaska Protein Recovery, LLC
• Surimi Tech Co., Ltd.
• Oceana Group Ltd.
• Golden Prize International Limited
• Uni-President Enterprises Corporation
• Min Amino Co., Ltd.
• TASA (Tasman Seafoods Ltd.)
• Qingdao Kangda Food Co., Ltd.
• Austevoll Seafood ASA
• Sea Harvest Corporation Ltd.
• PHARMAQ AS

Scope of the Report

Items	Values
Quantitative Units (2025)	USD 320.0 Million
Type	Fish Oil, Protein Hydrolysate, Gelatin/Collagen
Application	Feed, Food Additives, Fertilizers
Form	Liquid, Powder
Regions Covered	Asia Pacific, North America, Europe, Latin America, Middle East & Africa
Countries Covered	China, USA, Germany, Japan, India, South Korea, Norway and 40+ countries
Key Companies Profiled	Nippon Suisan, Thai Union, Vinh Hoan, Maruha Nichiro, Alaska Protein Recovery, Surimi Tech, Oceana Group, and Golden Prize
Additional Attributes	Dollar sales by type and application, regional demand trends, competitive landscape, processing provider preferences for specific extraction systems, integration with specialty marine biotechnology supply chains, innovations in recovery technologies, quality monitoring, and processing optimization

Surimi By-product Market by Segments

• Type :

  • Fish Oil
  • Protein Hydrolysate
  • Gelatin/Collagen

• Application :

  • Feed
  • Food Additives
  • Fertilizers

• Form :

  • Liquid
  • Powder

• Region :

  • Asia Pacific

    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • ASEAN
    • Australia & New Zealand
    • Rest of Asia Pacific

  • North America

    • United States
    • Canada
    • Mexico

  • Europe

    • Norway
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Nordic
    • BENELUX
    • Rest of Europe

  • Latin America

    • Brazil
    • Argentina
    • Chile
    • Rest of Latin America

  • Middle East & Africa

    • Kingdom of Saudi Arabia
    • Other GCC Countries
    • Turkey
    • South Africa
    • Other African Countries
    • Rest of Middle East & Africa