The Aquafeed Market was valued at US$ 58.03 billion in 2022 and is anticipated to grow at a CAGR of 7% from 2022 to 2029 to reach US$ 93.19 billion.
Aquafeed Market Overview
The report presents a comprehensive overview of the Aquafeed Market, including market shares, drivers, restraints, and growth opportunities. It covers both international and domestic markets, providing landscape analysis, trade insights, and key regions of development.
Aquafeed Market Report Scope and Research Methodology
The research for this report insights a comprehensive analysis of the global Aquafeed Market, focusing on both value and volume aspects, and includes forecasts for the projected period. Regional and country-level analyses are conducted to identify recent and future growth trends, prospects, and their respective contributions to the market. The report provides crucial metrics such as the market's Compound Annual Growth Rate (CAGR), market size, value, volume, revenue, sales, and other key factors related to the Aquafeed Market. Each segment of the industry is evaluated based on its growth rate and market share. Additionally, a thorough analysis of key market players by region is conducted, encompassing their revenue, financial status, and technical developments, offering insights into the competitive landscape of the market. The bottom-up approach is employed to accurately estimate the Aquafeed Market size.
Want to see what’s inside? Get your hands on a sample copy of this report :https://www.maximizemarketresearch.com/request-sample/31756
Market Dynamics for Aquafeed
Fish farming is expanding and introducing new species, which is opening up new revenue streams for market participants. The new fish species, such as meager, amberjack, and wreckfish, are more reliant on complex feeds produced commercially.
To substitute fishmeal and fish oil with plant-based ingredients that are low in docosahexaenoic acid (DHA) in formulated feeds, new algal aquaculture feed ingredient is being introduced. Without the addition of squid meal, krill meal, or attractants, soybean meal replaces the protein content of fish meal by more than 70%. Soybean meal enhances the body's protein content while lowering the unhealthy oils.
Aquafeed Market Regional Insights
The Aquafeed Market is segmented into major regions, including North America, Europe, Asia Pacific, The Middle East and Africa, and South America, offering a comprehensive understanding of its global presence and regional impact.
Aquafeed Market Segmentation
According to the kind of ingredients, the soybean segment is anticipated to hold the greatest market share for aquafeed during the anticipated time frame. Aquafeed can benefit greatly from soy's high quality protein content, which is roughly 48%. Due to its high nutrient content and abundance of digestible amino acids and xanthophylls, it is widely utilized as a significant protein source in the creation of aquafeed.
Fish held the highest share in terms of end users in 2019 and is anticipated to increase at the fastest rate over the forecast period. The cheapest and most easily absorbed animal protein is fish. The expansion of aquaculture and fish farming has raised the demand for fish feed.
by End User
Fish
Mollusks
Crustaceans
by Ingredient
Soybean
Corn
Additives
Fish meal
Fish oil
by Additive
Antibiotics
Vitamins
Antioxidants
Amino acids
Feed enzymes
Feed Acidifiers
Request Sample : https://www.maximizemarketresearch.com/request-sample/31756
Aquafeed Market Key Players
1. Archer Daniels Midland Company
2. Cargill
3. Alltech
4. Ridley Corporation Ltd.
5. Nutreco N.V
6. Avanti Feeds Ltd.
7. Biostadt India Ltd.
8. Nutriad
9. Aller Aqua A/S
10. BioMar
11. BIOMIN Holding GmbH
12. Norel Animal Nutrition
13. De Heus Animal Nutrition
14. Dibaq a.s
Table of Content – Major Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Aquafeed Market Segmentation
9. Regional Analysis
10. Company Profiles
11. Competitive Landscape
12. Conclusion
Key questions answered in Aquafeed Market are:
- What is Aquafeed?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Aquafeed Market?
- Which factors are the lucrative opportunities for the Aquafeed market growth?
- Which factors are limiting the scope of Aquafeed market ?
- How is the intervention from regulatory authority is shaping the Aquafeed Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
For detailed insights and methodology, please visit our report:https://www.maximizemarketresearch.com/market-report/global-aquafeed-market/31756/
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
+91 96071 95908, +91 9607365656
Comments