Aquafeed Market Share, Growth, Trends, And Forecasts (20182023)
Aquafeed Market By End Use, By Additives (Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (20182023)
(EMAILWIRE.COM, August 20, 2018 ) Aquafeed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture. Aquafeed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. Fish production in the world is mainly from both Aquaculture and Capture. Fish includes species like Tilapia, Catfish, Carp, and Salmon etc. The dwindling natural sources and other reasons have reduced the dependence on Captured Fisheries. Large part of fish production is used for human consumption directly and a small portion is used for feed purposes. The end consumers of Aquafeed are fish, molluscs, crustaceans etc. Tilapia is the most farmed fish, raised in 135 countries whereas Shrimp is the largest aquaculture commodity.
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Aquafeed Market Forecast Report (2018-2023):
The Global Aquafeed Market Size was worth $120.68 Billion in 2018 and estimated to be growing at a CAGR of 10.60%, to reach $199.72 Billion by 2023. Aquafeed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture.
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Aquafeed Market Growth:
The growth of the Global Aquafeed Market is majorly driven by factors such as the growth in global fish consumption, increase in mass production of fish, growing consumer awareness regarding the protein content in the fish food, and limited availability of marine feed resources. Globally increasing population is also supporting growth of the fish market, ultimately increasing the demand for Aquafeed. However, environmental regulations on wild, marine and inland fisheries has made it difficult to procure important raw materials like fish meal, fish oil for feeds. Regulatory structure of the animal feeds industry which restricts the use of certain materials such as antibiotics, and increasing costs of raw materials are the main factors hindering the growth of the market.
Aquafeed Market Segmentation:
The Global Aquafeed Market is segmented based on End Use and Additives. On the basis of End Use, the Global Aquafeed Market is segmented into Fish, Mollusca, and Crustaceans. Fish is further sub segmented into Carp, Salmon, Tilapia, Catfish, and others. Mollusca is further sub segmented into Shrimp, Crab, and others. Crustaceans is further sub segmented into Oyster, Mussel, and others. Carp fish type has been observed to have the highest market share in Aquafeed market.
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The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America accounted for the largest share in the Global Aquafeed Market, accounting for around 32% of the global market. Asia-Pacific aquaculture industry is the largest in the world comprising of more than one third of the global market.
Market Segmentation
By End Use
Fish
i. Carp
ii. Salmon
iii. Tilapia
iv. Catfish
v. Others
Mollusks
i. Oyster
ii. Mussel
iii. Others
Crustaceans
i. Shrimp
ii. Crab
iii. Others
By Additives
Vitamins
Minerals
Antioxidants
Amino Acids
Enzymes
Acidifiers
Binders
The Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Get the Complete Report & TOC @ https://www.marketdataforecast.com/market-reports/global-aquafeed-market-655/
Aquafeed Market Forecast Report (2018-2023):
The Global Aquafeed Market Size was worth $120.68 Billion in 2018 and estimated to be growing at a CAGR of 10.60%, to reach $199.72 Billion by 2023. Aquafeed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture.
Download FREE Sample of this Report @ https://www.marketdataforecast.com/market-reports/global-aquafeed-market-655/request-sample
Aquafeed Market Growth:
The growth of the Global Aquafeed Market is majorly driven by factors such as the growth in global fish consumption, increase in mass production of fish, growing consumer awareness regarding the protein content in the fish food, and limited availability of marine feed resources. Globally increasing population is also supporting growth of the fish market, ultimately increasing the demand for Aquafeed. However, environmental regulations on wild, marine and inland fisheries has made it difficult to procure important raw materials like fish meal, fish oil for feeds. Regulatory structure of the animal feeds industry which restricts the use of certain materials such as antibiotics, and increasing costs of raw materials are the main factors hindering the growth of the market.
Aquafeed Market Segmentation:
The Global Aquafeed Market is segmented based on End Use and Additives. On the basis of End Use, the Global Aquafeed Market is segmented into Fish, Mollusca, and Crustaceans. Fish is further sub segmented into Carp, Salmon, Tilapia, Catfish, and others. Mollusca is further sub segmented into Shrimp, Crab, and others. Crustaceans is further sub segmented into Oyster, Mussel, and others. Carp fish type has been observed to have the highest market share in Aquafeed market.
Get the Customize Report @ https://www.marketdataforecast.com/market-reports/global-aquafeed-market-655/customize-report
The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America accounted for the largest share in the Global Aquafeed Market, accounting for around 32% of the global market. Asia-Pacific aquaculture industry is the largest in the world comprising of more than one third of the global market.
Market Segmentation
By End Use
Fish
i. Carp
ii. Salmon
iii. Tilapia
iv. Catfish
v. Others
Mollusks
i. Oyster
ii. Mussel
iii. Others
Crustaceans
i. Shrimp
ii. Crab
iii. Others
By Additives
Vitamins
Minerals
Antioxidants
Amino Acids
Enzymes
Acidifiers
Binders
The Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results