Aquafeed Market Size & Share, Growth Trends & Analysis | Industry Statistics

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MarketsandMarkets Presents
Aquafeed Market - Forecast to 2025 https//www.mar
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-1151.html

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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", The aquafeed
market is projected to reach USD 71.6 billion by
2025 it was estimated at USD 50.6 billion in
2020, recording a CAGR of 7.2 from 2020-2025.
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 252 market data
Tables and 42 Figures spread through 255 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
2020 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. The major vendors in the
global 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). Download PDF Brochure
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• 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 strategically analyze micromarkets with
  respect to individual growth trends, prospects,
  and contributions to the overall market
• 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
• Secondary Research
• In the secondary research process, various
  secondary sources such as Hoovers, Bloomberg
  BusinessWeek, and Dun Bradstreet were referred
  to, to identify and collect information for this
  study. These secondary sources included annual
  reports, press releases investor presentations
  of companies, white papers, certified
  publications, articles by recognized authors,
  gold silver standard websites, animal feed
  organizations, regulatory bodies, trade
  directories, and databases.
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id1151

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On the basis of ingredient, the soybean segment
is estimated to account for a major share, in
terms of value, in 2019. Soybean is among the
non-fish sources of omega-3 fatty acids,
proteins, and unsaturated fats. Soy protein is
fed to farm-reared fish and shellfish to enhance
their overall growth and development. Some of the
commonly used soybean products in aquafeed
include heat-processed full-fat soybean,
mechanically extracted soybean cake,
solvent-extracted soybean meal, and dehulled
solvent-extracted soybean meal. 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. On the basis of species, the fish
segment is projected to witness higher growth in
the aquafeed market. The market, by species, is
segmented into fish, crustaceans, mollusks, and
others (turtles and sea urchins). 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 the increased demand
for fish feed. Among fish, carp and tilapia are
high consumers of aquafeed. Make an Inquiry
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uyingNew.asp?id1151  
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• Recent Developments
• In January 2019, ADM acquired Neovia (formerly
  known as InVivo NSA) (France) for USD 1.82
  billion (Euro 1.54 billion). This acquisition
  would provide a strong platform for ADMs future
  growth.
• In November 2018, Cargill invested USD 70 million
  in Thailand to provide innovative technology to
  the aquaculture and poultry industries located in
  Thailand.
• In June 2017, Nutreco completed the acquisition
  of Hi-Pro Feeds LP (Canada). The acquired entity
  would trade under its global brand, Trouw
  Nutrition.
• 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?
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id1151

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