Aquafeed Market Analysis, Growth, Share, Trends, and Forecast - 2025 - PowerPoint PPT Presentation

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Aquafeed Market Analysis, Growth, Share, Trends, and Forecast - 2025

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The aquafeed market is estimated to account for USD 47.3 billion in 2019 and is projected to reach USD 71.7 billion by 2025, recording a CAGR of 7.2% during the forecast period. The market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. – PowerPoint PPT presentation

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Title: Aquafeed Market Analysis, Growth, Share, Trends, and Forecast - 2025


1
MarketsandMarkets Presents
Aquafeed Market - Forecast to 2025
https//www.marketsandmarkets.com/Market-Reports/a
quafeeds-market-1151.html
2
The report "Aquafeed Market by Species (Fish,
Crustaceans, and Mollusks), Ingredient (Soybean,
Corn, Fishmeal, Fish Oil, and Additives),
Lifecycle (Starter Feed, Grower Feed, Finisher
Feed, and Brooder Feed), Form, Additive, and
Region Global Forecast to 2025", is projected
to reach USD 71.7 billion by 2025 it was
estimated at USD 47.3 billion in 2019, recording
a CAGR of 7.2 from 2019. One of the major
factors driving the aquafeed market is increasing
seafood consumption. Also, increasing seafood
trade has been driving the growth of this
market. Browse 118 market data Tables and 32
Figures spread through 164 Pages and in-depth TOC
on "Aquafeed Market Global Forecast to
2025 Asia Pacific is projected to account for
the largest share in the aquafeed market during
the forecast period. The Asia Pacific market
accounted for the largest share in 2019 this
market is majorly driven by China and Vietnam,
which are major markets for aquafeed. China is
among the leading producers of aquafeed in the
Asia Pacific region. Due to the significant
growth of seafood consumption and trade in this
region, the aquafeed market is projected to grow
in the region. The processed seafood market in
the region is also currently undergoing
significant transformation in response to the
rapid urbanization and diet diversification.
Also, consumer demand for convenience and
processed seafood offers profitable growth
prospects and diversification to the regions
food sector. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id1151
3
  • Report Objectives
  • To describe and forecast the aquafeed market, in
    terms of ingredient, species, form, additive,
    lifecycle, and region
  • To describe and forecast the aquafeed market, in
    terms of value, by regionAsia Pacific, Europe,
    North America, South America, and the Rest of the
    Worldalong with their respective countries
  • To provide detailed information regarding the
    major factors influencing market growth (drivers,
    restraints, opportunities, and challenges)
  • To study the complete value chain of aquafeed
  • To analyze opportunities in the market for
    stakeholders by identifying the high-growth
    segments of the aquafeed market
  • To strategically profile the key players and
    comprehensively analyze their market positions,
    in terms of ranking and core competencies, along
    with detailing the competitive landscape for
    market leaders
  • To analyze strategic approaches such as mergers
    acquisitions, investments divestments,
    expansions, product launches, agreements,
    collaborations and partnerships in the aquafeed
    market
  • Key Market Players
  • The key companies in the aquafeed market are
    Cargill (US), Archer Daniels Midland Company
    (US), Alltech (US), Purina Animal Nutrition (US),
    Nutreco N.V. (Netherlands), and Ridley
    Corporation Ltd. (Australia). Various strategies,
    such as expansions investments, partnerships,
    collaborations, and agreements, were adopted by
    the key companies to remain competitive in the
    aquafeed market.
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id1151

4
The fishmeal segment, by ingredient, is projected
to grow at the highest CAGR in the aquafeed
market during the forecast period. The fishmeal
segment is projected to be growing at the fastest
rate during the forecast period, owing to the
depleting amount of raw materials required for
its production and increasing price levels. Due
to over-exploitation, high demand, and price
fluctuation of fishmeal, a large number of
possible fishmeal replacers, including animal
by-products (blood meal, poultry by-product meal,
and bone meal), single-cell proteins (mainly from
fungal and bacterial sources, such as algae),
oilseeds (soybean, rapeseed, sunflower, and
cottonseed), and legumes (beans, peas, and
lupins) are being used in manufacturing
aquafeed. The fish segment, by species, is
projected to witness the highest growth in the
aquafeed market during the forecast period, due
to the increased consumption of seafood
products. The fish segment is projected to
record the highest CAGR during the forecast
period. Fish farming and aquaculture in
controlled conditions or under artificial
settings have become an easier way to increase
fish production and its availability for
consumption. Fish farming in ponds, lakes,
rivers, and coastal waters is increasing to fill
the gap between demand and supply. The increase
in fish farming activities and aquaculture has
led to increased demand for fish feed. Speak to
Analyst https//www.marketsandmarkets.com/speakto
analystNew.asp?id1151
5
  • The amino acids segment, by additive, is
    projected to dominate the aquafeed market during
    the forecast period.
  • Amino acids are important in animal nutrition and
    are the building blocks of protein, which play an
    essential role in the growth, production, and
    overall maintenance of aquatic animal health.
    Amino acids provide the energy required for the
    growth of muscles and bones for muscle movement,
    digestion, and blood circulation. Owing to these
    factors, the amino acids segment dominates the
    aquafeed market, by additive.
  • Key questions addressed by the report
  • Which region will account for the highest share
    in the aquafeed market?
  • How would the fluctuations in ingredient prices
    impact the growth of the aquafeed market
    globally?
  • What is the level of support offered by
    governments across these countries to aquafeed
    manufacturers?
  • Which are the key players in the market and how
    intense is the competition?
  • Available Customizations
  • Product Analysis
  • Product matrix, which gives a detailed comparison
    of the product portfolio of each company
  • Regional Analysis
  • Further country-wise breakdown of the market into
    Asia Pacific and Europe, based on site of
    operation
  • Customization on this Report https//www.marketsa
    ndmarkets.com/requestCustomizationNew.asp?id1151

6
Contact Us
Contact Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road  Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  Email
sales_at_marketsandmarkets.com Blog _at_
https//mnmblog.org/market-research/agriculture Co
nnect with us on LinkedIn _at_ http//www.linkedin.co
m/company/marketsandmarkets
7
About MarketsandMarkets
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research on 30,000 high growth niche
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