Albany, NY -- (SBWIRE) -- 03/06/2019 -- 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.

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Aquafeed: Market Outlook

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.

The report explores the global aquafeed market for the period 2018–2026. The primary objective of the report is to provide insights into key developments in the market that are consistently supporting the transformation of global businesses that are associated with aquafeed. It is very important to consider that, in an ever wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate in addition to the Compound Annual Growth Rate (CAGR) for the overall forecast, to better understand the analysis and evaluation of the global aquafeed market, and to discover equitable opportunities.

Yet another key feature of this report is that, the estimation of the global aquafeed market and the corresponding revenue forecast is carried out in terms of absolute dollar opportunity. This is usually not prioritized while forecasting overall market numbers. Absolute dollar opportunity analysis is very essential in evaluating the degree of opportunity that a provider can observe to execute, as well as to contrast the potential resources from a sales perspective in the global aquafeed market.

The report starts with an elaborated executive summary, and the market definition of various segmentations that are included and their respective shares in the global aquafeed market. The report further incorporates the major macroeconomic factors that have an effect over the growth of the aquafeed market.

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The detailed profiles of companies that manufacture aquafeed are included in the report to analyze their developmental strategies, key product offerings, and recent developments, as they have a significant role in the global aquafeed market. Major market players covered in the aquafeed market report are Cargill Inc., BENEO GmbH, Aller Aqua A/S, Skretting, Cermaq, Sonac B.V, Koninklijke DSM N.V., Clextral, Ridley Corporation Limited, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Dibaq, Biomar, INVE Aquaculture Inc., Nutreco N.V, Alltech Inc., Zeigler Bros., Inc., and Norel SA, among others.