Best Prospects in the Global Aquafeed Market and Strategies for Growth – Includes Aquafeed Market Share
The Business Research Company’s report goes into great detail on the aquafeed market size and growth, aquafeed market regional analysis, aquafeed market competitive landscape, and other critical information needed to excel in the aquafeed industry.
Major players in the aquafeed market include Archer Daniels Midland Company, Alltech Inc, Purina Animal Nutrition, Ridley Corp Ltd, Nutreco N.V, Aller Aqua A/S, Biomar A/S, Beneo GmbH, Biomin GmbH, Coppens International B.V, Nutriad, De Heus, Biostadt India Limited, Dibaq Aquaculture, Evonik Industries, SONAC, Marubeni Nisshin Feed Co., Ltd, Japfa Comfeed, Cpf Plc, Growel Feeds, and Sonac.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global aquafeed market size is expected to grow from $75.55 billion in 2021 to $82.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The global aquafeed market size is expected to grow to $110.09 billion in 2026 at a CAGR of 7.6%.
Asia-Pacific was the largest region in the aquafeeds market in 2021.
The aquafeed market consists of sales of aquafeed by entities (organizations, sole traders, and partnerships) that refer to the feed for aquatic organisms as part of aquaculture. Aquatic feed is a complex mixture of ingredients designed to fulfill the nutritional requirements. The growth, health and reproduction of fish and other aquatic animals are primarily dependent upon an adequate supply of nutrient, both in terms of quantity and quality, irrespective of the culture system in which they are grown.
Increasing seafood consumption is expected to propel the growth of the aquafeed market.
Technological advancement is a key trend gaining popularity in the aquafeed market. The companies operating in the aquafeed market are focusing on developing innovative products with better nutrition and improved feed conversion.
TBRC’s Global Aquafeed Market Report Is Segmented:
By Additive: Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders
By Form: Dry Form, Wet Form, Moist Form
By Distribution Channel: Direct Sales, Indirect Sales, Hypermarket/Supermarket, Wholesalers, Online, Other
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Aquafeed Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the aquafeed market globally and regionally, analyzes and forecasts market size, share, aquafeed market players, aquafeed market segments, leading competitor revenues, profiles and market shares.
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