Global Aquafeed Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022


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Introduction: The global market is projected at USD XX trillion in 2017, reaching USD XX trillion by 2022, at a CAGR of XX per cent from 2017 to 2022. Aqua feeds are composite meals that are made by combining different raw materials and additives for aquatic animals. Such blends are formulated according to the animal's species and age specific specifications. Thanks to its nutritious, immune resistant, and growth-promoting properties, aqua feed has become essential to the aquaculture industry. Owing to their healthy and precise composition, high-quality aqua feed is significantly more advantageous for fish, molluscs, crustaceans & other aquatic animals than farm-made feed. In addition, various government regulations and rules relating to the use of insect protein in Aqua feed along with increased purchasing power would boost market growth. Owing to potential growth Aqua feed business patterns, numerous companies are seeking to become active in the Aqua feed industry. Industry analysts are expecting strong demand growth due to increased output in developing economies with the development of fisheries. This will increase aqua food demand, and the resulting increase in Aqua feed. Geographical Overview: North America, Western Europe, Central and Eastern Europe, Asia-Pacific, Latin America, Middle East and Africa are segmented into the global aqua feed industry. Asia-Pacific is projected to provide lucrative growth opportunities until 2022, due to significant increases in aquaculture production and increased global consumption of seafood. Over the forecast period Europe will dominate the market. Over the forecast era, however, it will lose substantial base points. In 2015, Norway, due to high demand for salmon fish feed, was estimated to be worth the highest market share with around one fourth of the overall European aqua feed market. The Middle East area will have great potential for aquaculture as most of the major feed manufacturing firms are building their aqua feed plants in Egypt due to the availability of cheap labour and untapped business existence that has great potential to be exploited under the advantage of first mover. Segmental Overview: By Form – • Extruded • Pellet • Powder • Liquid By End User – • Fishes • Crustaceans By Function – • Health • Digestibility • Palatability • Special Nutrition By Ingredient – • Marine • Land Animals • Veg/Grains • Carotenoids • Additives Competitor Analysis Aqua feed Market has presence of some of the key major players across globe which includes: • Ridley Corporation Limited • Archer Daniels Midland Company • Nutreco N.V • Cargill • Avanti Feeds Ltd These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Aqua feed Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations