Middle East and Africa Fish Feed Market by Type and Size Industry Report 2018-2023
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
(EMAILWIRE.COM, November 29, 2018 ) Fish Feed Market Overview
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 a stable form, enabling the fish to feed efficiently and grow at their full potential.
Traditionally two of the most important ingredients have been fish 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.
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The driving factors of Middle East and Africa 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 Forecast Report (2018-2023)
Middle East and Africa Fish Feed Market was worth USD 8.58 billion in 2018 and estimated to be growing at a CAGR of 7.66%, to reach USD 12.42 billion by 2023.
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Fish Feed Market Segmentation
The Middle East and Africa Fish Feed market is segmented based on the basis of ingredient into corn, soybean, fish oil, fish meal, additives and others. By additive, the market is divided into vitamins, antibiotics, amino acids, antioxidants, feed acidifiers, feed enzymes and other additives. On the basis of end user, the market is divided into fish, molluscs, crustaceans and others. Fish is further segmented into salmon feed, carp feed, tilapia feed and catfish feed. By molluscs, the market is further divided into oyster feed and mussel feed. By crustaceans, the market is further divided into crab feed and shrimp feed.
The market in the region can be geographically divided into Middle East and Africa regions. Factors such as rising disposable incomes and rapid urbanization are expected to propel the market growth during the forecast period.
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Major Players:
The major companies dominating this market for its products and services are
Ridley Corporation Limited
Archer Daniels Midland Company
Nutreco N.V
Cargill
Avanti Feeds Limited
Purina Animal Nutrition
Biostadt India Limited
Alltech
Nutriad
Biomar
Key Developments in the Market
September 4, 2018 - Leading German animal feed group, Agravis Raiffeisen AG, has entered the fish feed business, with extruded feed and premixes.
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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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 a stable form, enabling the fish to feed efficiently and grow at their full potential.
Traditionally two of the most important ingredients have been fish 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.
Request for Sample @ https://www.marketdataforecast.com/market-reports/mea-fish-feed-market-6221/request-sample
The driving factors of Middle East and Africa 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 Forecast Report (2018-2023)
Middle East and Africa Fish Feed Market was worth USD 8.58 billion in 2018 and estimated to be growing at a CAGR of 7.66%, to reach USD 12.42 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/mea-fish-feed-market-6221/
Fish Feed Market Segmentation
The Middle East and Africa Fish Feed market is segmented based on the basis of ingredient into corn, soybean, fish oil, fish meal, additives and others. By additive, the market is divided into vitamins, antibiotics, amino acids, antioxidants, feed acidifiers, feed enzymes and other additives. On the basis of end user, the market is divided into fish, molluscs, crustaceans and others. Fish is further segmented into salmon feed, carp feed, tilapia feed and catfish feed. By molluscs, the market is further divided into oyster feed and mussel feed. By crustaceans, the market is further divided into crab feed and shrimp feed.
The market in the region can be geographically divided into Middle East and Africa regions. Factors such as rising disposable incomes and rapid urbanization are expected to propel the market growth during the forecast period.
Customize Report @ https://www.marketdataforecast.com/market-reports/mea-fish-feed-market-6221/customize-report
Major Players:
The major companies dominating this market for its products and services are
Ridley Corporation Limited
Archer Daniels Midland Company
Nutreco N.V
Cargill
Avanti Feeds Limited
Purina Animal Nutrition
Biostadt India Limited
Alltech
Nutriad
Biomar
Key Developments in the Market
September 4, 2018 - Leading German animal feed group, Agravis Raiffeisen AG, has entered the fish feed business, with extruded feed and premixes.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/mea-fish-feed-market-6221
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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