Share on

Commercial Aqua Feed Market By End User (Fish, Molluscs And Crustaceans), By Ingredient (Soybean, Corn, Fish Meal, Fish Oil And Additives), By Additive (Antibiotics, Vitamins, Anti-Oxidants, Amino Acids, Feed Enzymes And Feed Acidifiers), And By Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecast | 2022 to 2027.

Published: March, 2023
ID: 4563
Pages: 175
Formats: report pdf report excel report power bi report ppt

Commercial Aqua Feed Market Size 2022 - 2027:

Commercial Aquafeed Market was worth USD 120.9 billion in 2021 and estimated to be growing at a CAGR of 8.58%, to reach USD 190.0 billion by 2026. Manufactured feeds are a significant part of the modern aquaculture industry. They provide the balanced nutrition needed by farm fish. The feeds are available in the form of granules or pellets, and provide the nutrition in a stable and concentrated form, enabling the fish to feed efficiently and grow up to their full potential.

Many of the fish brought up in farms around the world today are carnivorous, such as the Atlantic salmon, trout, sea bass, and turbot. In the early development of fish feeding which has hence evolved into modern aquaculture, fishmeal and fish oil were key components of the feeds for these species. They are combined with other ingredients such as vegetable proteins, cereal grains, vitamins, and minerals and made into feed pellets. Wheat, for example, is widely used as it helps to bind the ingredients in the pellets.

Market Drivers:

The growth of the caseinate market is mainly driven by factors such as population growth, rising disposable income, and rapid urbanization, and is facilitated by the strong expansion of fish production and more efficient distribution channels. As for the restraints of the market, large-scale storage of the same for farms is still a problem and the high costs are also turn-offs for the market. The industry has to come up with innovative solutions for these problems in order for the market to grow freely.

COMMERCIAL AQUAFEED MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

8.58%

Segments Covered

By End User, By Ingredients

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Archer Daniels Midland Company Ridley Corporation Limited Cargill Nutreco N.V, and Avanti Feeds Ltd, Purina Animal Nutrition LLC, Nutriad, Alltech, Biostadt India Limited, Aller Aqua A/S, Biomar, BIOMIN Holding GmbH, Norel Animal Nutrition, Dibaq A.S, De Heus Animal Nutrition.

Market Segmentation:

Commercial Aqua Feed Market – By End User:

  • Fish

  • Molluscs
  • Crustaceans

Commercial Aqua Feed Market – By Ingredients:

  • Soybean
  • Corn
  • Fish Meal
  • Fish Oil
  • Additives
    • Antibiotics
    • Vitamins
    • Anti-Oxidants
    • Amino Acids
    • Feed Enzymes
    • Feed Acidifiers

The Market is Geographically divided into:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

The Commercial Aquafeed Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in the coming years.

Key Players:

  • Archer Daniels Midland Company
  • Ridley Corporation Limited
  • Cargill
  • Nutreco N.V
  • and Avanti Feeds Ltd
  • these are well-established and financially stable players that have been operating in the industry for several years. Other players include
  • Purina Animal Nutrition LLC
  • Nutriad
  • Alltech
  • Biostadt India Limited
  • Aller Aqua A/S
  • Biomar
  • BIOMIN Holding GmbH
  • Norel Animal Nutrition
  • Dibaq A.S
  • De Heus Animal Nutrition

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]