A
recent market research report published by Transparency Market
Research projects excellent growth prospects for the global aqua feed
market. The report, titled “Aqua Feed Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”,
states that the market will expand at an 11.4% CAGR between 2013 and
2019. Owing to such excellent growth prospects, the market is
expected to rise from a market valuation of US$57.7 bn in 2012 to
US$122.6 bn by 2019.
The
demand for all kinds of aquaculture products have been significantly
increasing over the past few years across the globe. High in
nutrients and also quite affordable, the demand for aquatic foods is
high around the world. In order to sustain the ever rising demand for
aquatic food products, aqua culture, the science of breeding and
growing aquatic products in supervised and controlled environment,
has also gained huge attention in the past centuries.
Browse
full Aqua
Feed Market
report
at:http://www.transparencymarketresearch.com/aqua-feed-market.html
The
report credits the flourishing growth of the global aquaculture
market as the largest contributor to the overall growth of the global
aqua feed market. According to the report, revenue generated by the
aqua feed market contributes nearly 50% of the overall costs involved
in running an aquaculture facility. The growth of the aqua feed
market, therefore, to an extent depend on the overall growth of
aquaculture industry. While the continuously rising demand for
aquatic food products from the aquaculture industry will drive the
market for aquafeed, the fluctuating costs of key ingredients such as
fish oil, corn, soybean and fish meal will restrain market’s growth
to a certain extent over the report’s forecast period.
The
report segments the global aqua feed market on the basis of two
criteria: end user and geography.In terms of end user, the market is
segmented into crustaceans, carp, mollusks, carp, tilapia, catfish,
salmon, and other segments such as milkfish, eels, and trouts. On the
basis of geography, the market is segmented into North America, Asia
Pacific, Europe, and the Rest of the World (RoW).
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1447
Of
the key end users of aqua feed, the segment of carps held the largest
share of the global market, accounting for 25%, in 2012. Carps are
expected to be one of the fastest growing segments over the report’s
forecast owing to their compatibility in harsh environmental
conditions. In 2012, the segment of mollusks held the second largest
share of the global market and is expected to expand at an
above-average growth pace over the report’s forecast period owing
to rising consumer awareness about their health benefits.
Geography-wise,
the regional segment of Asia Pacific accounted for over 65% of the
global demand of aqua feed in 2012. This regional market is also
expected to maintain its dominant position in the market over the
report’s forecast period owing to the flourishing aquaculture
industry in the region. Demand for aqua feed is also expected to
significantly rise in the countries in the Rest of the World region
over the report’s forecast period.Some of the key vendors operating
in the global aqua feed market are Beneo GmbH, Avanti Feeds Ltd.,
Alltech Inc., BioMar A/S, Aller Aqua A/S, Cargill Incorporated, Dibaq
Aquaculture, and Cermaq ASA.
The
global aqua feed market is segmented as:
Aqua
Feed Market: End-use Analysis
- Crustaceans
- Mollusks
- Carp
- Salmon
- Catfish
- Tilapia
- Others (Trouts, eels, milkfish, etc.)
Aqua
Feed Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- RoW
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/global-aqua-feed-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Mr.
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