Global Aquafeed Market by Ingredient, Additives, Region & Species

The GMI Research projects that the Aquafeed Market will encounter an acceleration in demand over the forecast period. Their assistance to ameliorate production and growth offer required nourishment to the body. 

Introduction of the Aquafeed Market

Aquafeeds are a blend of various ingredients. These mixtures are composed depending upon the needs of the species and their age. They help to serve the nutritional requirements of animals required to carry out physiological functions and maintain an excessively efficient immune and reproductive system. Aquafeed has gained immense prominence in the aquaculture industry. Meet with it’s features, such as immune resilience, nourishment, and growth-elevating properties.

Key Players of Market:

  • Purina Animal Nutrition LLC
  • ADM
  • Ridley Corporation Limited
  • Cargill, Incorporated
  • Nutreco
  • BioMar
  • Aller Aqua A/S
  • Nutriad
  • Norel S.A
  • Biomin Holding GmbH

Aquafeed Market Dynamics

The factors accumulating the global aquafeed market size include the expansion in aquaponics production, accelerating consumption of seafood, and the mounting trade. Also with the augmenting demand for food rich in protein. The Aquafeed market has substantially ameliorated. Aquafeed helps prevent viral outbursts such as fin rot, fish dropsy and ammonia poisoning. These are common fungal and bacterial infections. Moreover, the aggravating demand for organic additives of vitamins and feed acidifiers to restrain cross-contagion and diseases such as listeria, vibrio, and salmonella are further impelling the Aquafeed Market Size. 

Besides this, the abundance of amino acid, omega 3, and protein in aquafeeds. Support the healthful growth of fish as well as minimizes the chances of bacterial and fungal diseases. Simultaneously, the increasing consciousness towards health benefits concerned with fish or other species consumption has raised the market demand.

Also Read:- Commercial Combi Oven vs Convection Oven

Ingredient Segment Drivers

The market is sectioned into corn, soybean, fish oil, fishmeal, additives, and other ingredients based on the ingredient. Amongst which, soybean is projected to bolster at a faster growth over the coming years. This is because of the economical price of soybean meal over other fishmeal’s. Some standard soybean products are dehulled soybean, solvent-extracted, and heat-processed full-fat soybean. Also, Soy protein offers nourished blooming and development to shellfish and farm-reared fish, which is driving the Aquafeed Market Opportunities.

Geographical Drivers

Based on the regional coverage, Asia-Pacific is anticipated to seize a prominent share in the market over the coming years. China in the APAC region is the largest supplier, processor, and consumer of aquaculture products with the highest contribution to the world supply. In addition, fish farming is convenient in this area because of the longevity of species and the quality water enclosed in farm systems. Thus, the aggravated rate of fish farming offers extensive supply to fulfil the demand is supplementing the Aquafeed Market Share.

Also Read:- Most Delicious Cake Flavors For Your Anniversary Celebration

Aquafeed Market Segmentation

Segmentation by Ingredient

  • Soybean
    • Soybean meal
    • Soy oil
    • Soy lecithin
  • Corn
    • The Corn gluten meal
    • Corn gluten feed
    • Corn oil
  • Fishmeal
  • Fish Oil
  • Additives
  • Other Ingredients

Segmentation by Additives

  • Amino Acids
  • Vitamins & Minerals
  • Prebiotics & Probiotics
  • Enzymes
  • Antibiotics
  • Antioxidants
  • Other Additives

Segmentation by Species

  • Fish
    • Tilapia
    • Salmon
    • Carp
    • Trout
    • Other Fish Species
  • Crustaceans
    • Shrimp
    • Crabs
    • Krill
    • Other Crustaceans
  • Mollusks
    • Oysters
    • Mussels
    • Other Mollusks
    • Other Species

Segmentation by Form

  • Dry Form
  • Wet Form
  • Moist Form

Segmentation by Lifecycle

  • Grower Feed
  • Finisher Feed
  • Starter Feed
  • Brooder Feed

Segmentation by Region

  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • RoW
    • UAE 
    • Brazil
    • South Africa
    • Saudi Arabia

About GMI Research

Our organization is a research and consulting company that provides enterprises with market research reports and business perceptions. The comprehensive research reports of GMI organization assist clients in framing strategic business policies as well as experience a long term growth in the specified market domain. Our huge team of analysts and industry experts provide the material information concerning the approaching challenges. The company provides comprehensive information about all the market dynamics such as major factors impacting the market growth, size, and share.

Shubham Sharma

Shubham Sharma is a SEO Expert in Delhi with many years of experience in the digital marketing field. He often writes guest posts for Trending News Viral & you can also read their informative blog for more.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button