An oil-in-water (O/W) type emulsified composition obtained by treating portions of fishes and shellfishes containing said composition of substances with a proteolytic enzyme under stirring, which comprises (i) water-soluble components comprising water-soluble amino-acids, oligoproteins having a molecular weight of not greater than 30,000, vitamins and water-soluble minerals, and (ii) water-insoluble components, as solid matter, comprising oils and fats containing water-insoluble highly unsaturated fatty acids and proteins having a molecular weight of 20,000 to 100,000, wherein at least 50% of all the proteins in the emulsified composition have a molecular weight of 20,000 to 100,000.