Tue, 18 Jan 2022

The new report by Expert Market Research titled, 'Global Aquaculture Feed Market Report and Forecast 2021-2026', gives an in-depth analysis of the global aquaculture feed market, assessing the market based on its segments like species, ingredient type, additives, product form and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/aquaculture-feed-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

Historical Market Volume (2020): 55 million tons

Forecast CAGR (2021-2026): 10.4%

Forecast Market Volume (2026): 99.6 million tons

The carp segment accounted for the largest share of the worldwide aquaculture feed market by species. Carp fish species are adaptable to a wide range of water conditions, and their demand for aquaculture feed is expected to rise in the coming years because of its widespread availability and appeal.

The soybean segment is expected to lead the market in terms ingredient, followed by corn, fish meal, fish oil, additives, and others. Because soybean meal is less expensive than fishmeal, it is predicted to increase demand for the sector during the projection period.

Vitamins and minerals had the biggest market share in 2020, followed by antioxidants, feed enzymes, and other additives.

The pellet segment is expected to have the largest market share based on product shape.

In the year 2020, the Asia Pacific region led the market. The presence of prominent aquaculture producers, processors, and consumers is credited with the region's success.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/aquaculture-feed-market

Industry Definition and Major Segments

Aquaculture feed is defined as a professionally made food that meets the nutritional needs of aquatic animals. Plants, marine animals, grain products, terrestrial-based live feeds, vegetable protein, and fish oil are among the primary ingredients and additives used. The feed provides a well-balanced diet, which is critical for raising healthy fish. It is also high in nutrients including protein, minerals, vitamins, carbohydrates, and lipids, which aid in aquatic animals' growth and reproduction. Aquaculture plays a significant role in the aquaculture feed industry.

On the basis of species, the global aquaculture feed market is segregated into:

Carp

Marine Shrimps

Tilapias

Catfishes

Marine Fishes

Salmons

Freshwater (FW) Crustaceans

Trouts

Others

Based on the ingredient type, the industry is divided into:

Soybean

Corn

Fish Meal

Fish Oil

Additives

Others

On the basis of additives, the market is divided into:

Vitamins and Minerals

Antioxidants

Feed Enzymes

Others

On the basis of product form segment into:

Pellets

Extruded

Powdered

Liquid

On the basis of regional markets

North America

The Asia Pacific

Europe

Latin America

The Middle East

Africa

Market Trends

The increase in overall seafood consumption has recently bolstered aquaculture activities, which has resulted in the growth of the aquaculture feed industry. Furthermore, customers have grown more aware of the benefits of high-quality seafood products, which has had a favourable impact on the global supply of enhanced aquaculture feed. The growing mass production of fish, combined with the restricted availability of marine feed resources, is likely to drive up demand for aquaculture feed in the coming years. Additionally, better aquaculture activities, as well as rising seafood demand, are likely to drive industry growth during the projection period. For the development of aquaculture feed, manufacturers continue to use natural resources and sustainable raw materials, which is beneficial to both human and environmental health. The industry is predicted to increase significantly over the forecast years due to the aforementioned factors.

Key Market Players

The major players in the market are Archer Daniels Midland Company, Cargill, Ridley Corporation Limited, Nutreco N.V., Alltech., Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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