Harrisburg, NC -- (SBWIRE) -- 04/03/2019 -- Global AquaFeed Market Insights, Forecast to 2025
Aquafeed is defined as food specifically prepared for aquatic animals in order to fulfil their nutritional requirements. Aquafeed is generally prepared with specific ingredients and additives that are nutritive in nature, and are supplemented in very small amounts. Aquafeed is now available in vast product ranges, owing to increased consumer attraction towards its functionality and species-specific requirements. Aquafeed is derived from plant sources only, such as corn gluten meal, canola oil, soy meal, and sunflower protein concentrate. Among them, the most commonly used ingredient in aquafeed is marine sources such as fish meal and fish oil.
The most marketed and preferred form of aquafeed among the entire global aquafeed products, nowadays, is the extruded type of aquafeed, due to its high disintegration rate and faster onset of action in fish.
The Global AquaFeed market was valued at $64.9 billion in 2015, and is expected to reach $156 billion by 2022, supported by a CAGR of 13.3% during the forecast period 2016 to 2022.
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Top Leading Companies are: CP Group,Cargill,New Hope Group,Purina Animal Nutrition,Wens Food Group,BRF,Tyson Foods,East Hope Group,JA Zen-Noh,Twins Group,ForFarmers,Nutreco,Haid Group,NACF,Tongwei Group,Yuetai Group,TRS,Others
Aquaculture production is anticipated to play a crucial role in the aquafeed sector in the coming decade, as most countries are stepping up their production activities and revising the regulations to ease down the aquaculture ecosystem into more friendly international trade zones. At a country level, governments are projecting optimistic forecast overproduction at very realistic levels, which is a great driver for players to invest more into the aquafeed market. Key authorities are indicating strong reforms to be pushed in for aquafeed products in the European market, for which players in key producing countries such as China, Peru, and Norway, among others, have to increase their standard of production for aquafeed to safeguard themselves from the restraints caused by these regulations.
Contents of the 15 Chapters for This AquaFeed Market Study:-
Chapter 1, to describe AquaFeed Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of AquaFeed , with sales, revenue, and price of AquaFeed , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of AquaFeed, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, AquaFeed market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe AquaFeed sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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AquaFeed Market, by Type:
Premix Feed
High-End Extruded Feed
Aquatic Feed
Other
AquaFeed Market, by End User:
Poultry
Ruminant
Pig
Aqua
Pet
Others
Data provided by the World Bank indicates that, marine and terrestrial protected areas covered by the UN Environmental Program & the World Conservation Monitoring Centre provide ample opportunities to aquaculture companies to cater to the increasing demand efficiently, which is also anticipated to bolster the growth of aquafeed over the forecast period. The data states that, in the year 2000, the percentage of marine and terrestrial land was around 8.79%, which went up to 12.8% by the end of 2014, showing an opportunistic growth over the years.
Aquafeed is easily available through wider market penetration with various retail formats. The ease of access across the world drives consumers towards having aquafeed. The liking for aquafeed is predominantly compelled by mounting demand for accessible packaging. In fact, this is a key factor that can be associated with the growth of the aquafeed packed in small sachets, in both, Japan and Eastern Europe.
The aquafeed industry will be affected by expected growth within premium lines of aquafeed, appealing to consumers looking for a better product containing high nutrition content required for aquaculture production. Various manufacturers of premium aquafeed products use different captivating advertisements to evoke a sense of authenticity to buy the product. The sales of premium products is currently mainstream in Japan, and is increasingly been differentiated from private label.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of AquaFeed Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of AquaFeed Market Carrier and assist manufacturers and investment organization to better grasp the development course of AquaFeed Market.
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Important attributes of the report:
The 360-degree AquaFeed overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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