The worldwide aquafeed market is estimated to touch US$51.12 bn by 2017 in revenues. The market’s opportunity is anticipated to witness continued increment at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$70.09 bn by the end of 2022.
Albany, NY -- (SBWIRE) -- 10/20/2017 -- The Global Aquafeed Market keeps changing with the change in seafood demand worldwide. The Market Research Hub (MRH) has recently added a comprehensive research report to its database named, "Aquafeed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022." The report is an in-depth study the current scenario of the market and the future prospects available to businesses with the fluctuations in global seafood market.
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With various benefits that Aquafeed offers to the sea life, the global seafood market is expected to surge during the forecast period of 2017-2022. The results are based on the extensive research done with the help of data collected through conversations on telephone and emails, annual reports of the major companies, study of websites, press releases and some other regional and international database.
In addition, the report also consist of detailed information on the features and function of various types of aquafeed, innovation in products, rising consumption of fish in various geographies, increasing inclination towards better food quality.
Global Aquafeed Market- Segmental Analysis
The segmentation of Global Aquafeed Market is done on the basis ingredient, the geography, function, ingredient, end user and form. On the basis of form, the market is bifurcated into powder, liquid, extruded and pellet aquafeed. Based on the end user, market is divided into fishes and crustaceans. On the basis of function, the divisions are special nutrition, health, palatability and digestibility. Based on the ingredient, the market is segmented into additives, marine, carotenoids, land animals and veg/grains.
The geographical segmentation includes market in Japan, North America, Middle East & Africa, Asia Pacific (that does not include Japan), Latin America and Europe. After a detailed analysis of the global aquafeed market which includes the major trends, demographics, progress in the technologies, future potentials and regulatory necessities shows the statistics of growth in each segment of the market.
Global Aquafeed Market- Competitive Landscape
The process of drafting this comprehensive research report includes reviewing the profiles of key players that are the part of global aquafeed market. It gives an overview the company's financial, business and brand performance. Some of these companies that are part of the report are Archer Daniels Midland Co., Cermaq Group AS, Cargill Inc., Koninklijke DSM N.V., Aller Aqua Group A/S, BENEO GmbH, Nutreco N.V., Dibaq Diproteg SA, Ridley Corp. Ltd.
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Global Aquafeed Market- Key USPs of the Report
The report reveals a global perspective of the aquafeed market. It gives the detailed projections on each and every segment from the base year 2017 till 2022. The buyers of the report will have a clear idea about the market trends, challenges and opportunities that they will get during the forecast period. All these contents makes it a complete guide of the Global Aquafeed Market which will also include the data regarding the market growth, segments and the demand structure.
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