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Fish Feed Market Research Report – Segmented By Ingredient (Corn, Soybean, Fish Oil, Fish Meal, Additives, Other Ingredients), Additive (Vitamins, Antibiotics, Amino Acids, Antioxidants, Feed Acidifiers, Feed Enzymes, Other Additives), End Users (Fish, Molluscs, Crustaceans, Others), Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast | 2022 to 2027

Published: January, 2022
ID: 5991
Pages: 175
Formats: report pdf report excel report power bi report ppt

Fish Feed Market (2022 - 2027)

Fish Feed Market was worth USD 106.96 billion in 2021 and is estimated to be growing at a CAGR of 9.9%, to reach USD 197.21 billion by 2027. Fish Feed is an important part of modern commercial aquaculture, providing the balanced nutrition needed by farmed fish. The feeds, in the form of pellets or granules, provide the nutrition in a concentrated and stable form, enabling the fish to feed efficiently and grow at their full potential.

Traditionally two of the most important ingredients have been fishing oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is on improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability.

MARKET DRIVERS

The driving factors of the global Fish Feed market are population growth, rising income, and rapid urbanization, and is facilitated by the strong expansion of fish production and more efficient distribution channels. The yield which is obtained from the wild catch cannot be increased sustainably, therefore, in the opinion of observers such as the Food and Agriculture Organization of the United Nations, aquaculture must fill the gap.

FISH FEED MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

9.9% 

Segments Covered

By Ingredient, Additive, End-user

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

Ridley Corporation Limited, Archer Daniels Midland Company, Nutreco N.V, Cargill, Avanti Feeds Limited, Purina Animal Nutrition, Biostadt India Limited, Alltech, Nutriad, Biomar.

Market Segmentation

Fish Feed Market - By Ingredient:

  • Corn

  • Soybean

  • Fish oil

  • Fish meal

  • Additives

  • Others

Fish Feed Market - By Additive:

  • Vitamins

  • Antibiotics

  • Amino acids

  • Antioxidants

  • Feed acidifiers

  • Feed enzymes

  • Other additives

Fish Feed Market - By End-User:

  • Fish

    • Salmon feed

    • Carp feed

    • Tilapia feed

    • Catfish feed

  • Mollusks

    • Oyster feed

    • Mussel feed

  • Crustaceans

    • Crab feed

    • Shrimp feed

The Market is Geographically divided into:

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • The Middle East and Africa 

North America has the leading market for Fish Feed in the world, which is followed by Europe and the Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to factors such as rising population and the growing commercial aquaculture industry.

Key Players: 

  • Ridley Corporation Limited

  • Archer Daniels Midland Company

  • Nutreco N.V

  • Cargill

  • Avanti Feeds Limited

  • Purina Animal Nutrition

  • Biostadt India Limited

  • Alltech

  • Nutriad

  • Biomar

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