Aquafeed Market was projected at US$ 69.72 billion in 2014. The scope of the market is projected to touch US$ 133.1 billion by the completion of the year 2022. It is expected to record a CAGR of 11.4% during period of forecast.
Aquafeed can be well-defined as
nutrition particularly set for aquatic animals so as to satisfy their
nourishing necessities. The feed is normally equipped with particular materials
and flavors that are nutritional in nature and added in precise small
quantities. These days the aquafeed is existing in huge varieties of product,
due to improved fascination of customer in the direction of its functionality
and species particular necessities.
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Market Synopsis of Aquafeed Market:
Aquafeed is resulting merely from
plant sources, for example concentrate of sunflower protein, canola oil, soy
meal, and corn gluten meal. Among them, the maximum regularly utilized
constituent in aquafeed is oceanic bases for example fish oil and fish meal. In
the present scenario, the maximum favored and sold form of it among the whole
worldwide aquafeed products is the extruded category of aquafeed, owing to its
greater percentage of disintegration and quicker beginning of act in fish.
Drivers:
The manufacture of aquaculture is
expected to perform an important part in the sector of aquafeed during the
approaching period. Maximum nation states are accelerating their activities of
manufacture and reviewing the rules to simplify the environment of aquaculture
into additionally approachable transnational regions of trade.
At a national level, governments
are estimating positive prediction regarding the production. This is a
countless motivation for the companies to capitalize more and more into the
aquafeed market. Important establishments are showing robust improvements to be
pressed in for aquafeed products in the market of Europe. The companies of
important manufacturing nation state for example Norway, China, Peru, and
others have to upsurge their standard of manufacture for aquafeed to protect
themselves from the limitations triggered by these codes of practice.
Classification:
The global aquafeed market can be
classified by Purpose, Types, Form, Product and Region. By Purpose, it can be
classified as Special Nutrition, Digestibility, Palatability, Health and
Others. By Types, it can be classified as Shellfishes, Fish, Tilapia, Salmon,
Mollusks, Catfish, Carp and Others. By Form, it can be classified as Liquid,
Pellets, Powder, and Extruded. By Product, it can be classified as Feed
Acidifiers, Antibiotics, Vitamins, and Amino Acids.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Aquafeed: Market
Variables, Trends & Scope
Chapter 4 Aquafeed: Product
Estimates & Trend Analysis
Chapter 5 Aquafeed: Application
Estimates & Trend Analysis
Chapter 6 Aquafeed: End-use
Estimates & Trend Analysis
Chapter 7 Aquafeed: Industrial
End-use Estimates & Trend Analysis
Chapter 8 Aquafeed: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Aquafeed:
Manufacturers Company Profiles
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