Aquafeed Market - Global Industry Analysis, Trends, Growth, Share, & Forecast to 2022

1. MarketsandMarkets™ Presents Aquafeed Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/aquafeeds-market-1151.html

2. The report "Aquafeed Market by End User (Fish, Mollusks, and Crustaceans), Ingredient (Soybean, Corn, Additives, Fish Meal, Fish Oil), Additive (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers), and Region - Global Forecast to 2022", The aquafeed market is projected to grow from USD 107.82 billion in 2017 to USD 172.56 billion by 2022, recording a compound annual growth rate (CAGR) of 10% during the forecast period. The major factors driving the growth of the aquafeed market include limited availability of aquaculture feed resources and increasing global demand for high-quality fish. Further, increasing consumption of seafood and the growth in the aquaculture industry is also projected to drive the aquafeed market. Browse 86 market data tables and 66 figures spread through 171 pages and in-depth TOC on "Aquafeed Market - Global Forecast to 2022"  The major challenge for the aquafeed industry is the price volatility of the raw materials. Aquafeed ingredients such as soybean, corn, fish meal, fish oil, and wheat are involved in international trade, due to which they have volatile prices in the global market. According to the FAO, the cost of major oils used in the aquafeed industry has increased exponentially since 2005. Fish meal and fish oil are the most widely used ingredients for aquafeed, which affects aquafeed production due to the limited supply and increasing prices of these ingredients.   Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151

3. The objectives of the report: • 1. Market Intelligence: • Determining and projecting the size of the aquafeed market, with respect to its end user, ingredient, additive, and regional presence, over a five-year period ranging from 2017 to 2023 • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Competitive Intelligence: • Identifying and profiling the key players and product providers in the aquafeed market • Providing a comparative analysis of the market leaders on the basis of the following: • Product offerings • Business strategies • Strengths & weaknesses, opportunities, and threats • Key financials • Understanding the competitive landscape and identifying the major growth strategies adopted by the players across the key regions • Analyzing the regulatory frameworks across the regions and their impact on the prominent market players • Providing insights on key investments in product innovations and technology • Request New Version: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=1151

4. The years considered for the study are as follows: • Base year: 2016 • Estimated year: 2017 • Projected year: 2022 • Forecast period: 2017–2023 • Target Audience • Aquafeed manufacturers • Aquafeed traders, distributors, and suppliers • Feed additive manufacturers • Government and research organizations • Associations and industry bodies • Agricultural universities • The amino acids segment is projected to be the fastest-growing segment in the aquafeed market during the forecast period. • The aquafeed market is segmented, on the basis of additives, into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. The amino acids segment is projected to be the fastest-growing segment in the aquafeed market during the forecast period; this is attributed to their role in the growth, production, and overall maintenance of aquatic animal health. • Speak to Analyst:https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1151

5. The soybean segment is projected to account for the largest market share in the aquafeed market during the forecast period. The aquafeed market is segmented, on the basis of ingredients, into soybean, corn, fish meal, additives, and others. The soybean segment is projected to be a leading segment in the aquafeed market. This is attributed to their high-protein content and lower cost. Soybean is used in the form of meal, soy protein concentrate, soy oil, soybean hulls, and soy lecithin. Europe is projected to be the fastest-growing region in the aquafeed market during the forecast period. Europe is projected to be the fastest-growing region in the aquafeed market during the forecast period. The market in the region is driven by the rise in demand for advanced aquafeed, to improve the quality and enhance the aquaculture production. Further, rise in food safety concerns and stringent government regulations are projected to drive the aquafeed market in European countries. Major vendors in the aquafeed market include Archer Daniels Midland Company (US), Ridley Corporation Limited (Australia), Cargill (US), Nutreco N.V (The Netherlands), Avanti Feeds Ltd. (India), Purina Animal Nutrition LLC (US), Nutriad (Belgium), Alltech (US), Biostadt India Limited (India), Aller Aqua A/S (Denmark), Biomar (Denmark), BIOMIN Holding GmbH (Austria), Norel Animal Nutrition (Spain), Dibaq A.S (Spain), and De Heus Animal Nutrition (Netherlands). Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151

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