The published report on the global Aquafeed Market offers a comprehensive analysis of the industry, providing a panoramic overview that includes market size, market share, revenue growth, opportunities, drivers, and restraints. The Aquafeed Market aims to furnish readers, stakeholders, and investors with essential real-time information about market developments and advancements, enabling them to capitalize on emerging opportunities. The report covers regional analysis and the competitive landscape to present a clear picture of market growth. It delves into development policies, plans, manufacturing processes, and cost structures, providing valuable insights for industry players and decision-makers.
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The Global Aquafeed Market was valued at USD 118.8 billion in the year 2018 and is expected to reach the valuation of USD 254.6 billion by the year 2026, growing at a CAGR of 10.2% through the forecast years. The report gives a comprehensive overview of the global market scenario after evaluating the available data and market trends. This study performs a thorough examination of the available data to predict the prospective market growth in the forecast period. The study examines historical data collected from the years 2016 and 2017 and considers 2018 as the base year to project the growth of the industry until the year 2026. It performs a detailed analysis of the market size, share, demand, trends, revenue, and sales to track the development of the industry through the years.
Aquafeed is prepared by blending different raw materials and additives like fish feed or Fish Oil, measured according to the age of the animal as well as the requirement of the species. It is produced in two forms, including extruded bits and pressure-pelleted feed. Extruded bits float on the surface of the water, while pressure-pelleted feed sinks into the water. Aquafeed offers various benefits, for instance, nutritional, immune-resistant, and promoting growth in the aquatic animals.
Top Companies:
- Biomar A/S
- Cargill Inc.
- NK Ingredients Pte Ltd.
- Norel Animal Nutrition
- Aller Aqua A/S
- Beneo GmbH
- Alltech Inc.
- Evonik Industries
- Novus International Inc.
- Cermaq ASA
- De Heus
- Nutriad International
- Ridley Corporation
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Aquafeed is expected to rise in the coming years.
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Market has been divided by Type as:
- Fish Feed
- Crustacean Feed
- Mollusk Feed
- Others
Market has been divided by Ingredients as:
- Soybean
- Corn
- Fish Meal
- Fish Oil
- Additives
- Others
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Regional Outlook
For comprehensive understanding of market dynamics, the global Aquafeed Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Aquafeed Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Aquafeed Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Aquafeed Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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