Global
Aquafeed Market: Overview
The
global market for aquafeed is extremely dynamic and is influenced by
the rising demand for seafood across the world. This report on the
global market for aquafeed assesses the current and future prospects
of this market. It consists of a detailed executive summary,
including a snapshot of this market, which offers overall information
of various market segment and sub-segments.
This
study is a combination of primary and secondary research. The primary
research is the bulk of TMR researchers’ efforts, together with the
information gathered via telephonic interviews and interactions
through e-mails. The secondary research involved study of the
websites, press releases, annual reports of the leading companies as
well as a thorough examination of the stock analysis presentations,
and various regional and international databases. Considering the
macro and micro environmental factors, the report provides the data
about the size of the market in terms of US$ Mn for each of the
segments over the period from 2017 to 2022.
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The
estimations of the market size involved an in-depth study of the
product features and functions of different types of aquafeed. In
addition to this, various important factors related to this market,
such as the increasing preference for superior quality feed,
innovation in products, rising consumption of fish in various
geographies, and the historical year-on-year growth have been
considered while estimating the size of the overall market.
Global
Aquafeed Market: Segmentation
The
global market for aquafeed is broadly assed on the basis of the form,
function, end user, ingredient, and the geography. Based on the form,
the market is classified into, extruded, pellet, powder, and liquid
aquafeed. By the end user, the market is bifurcated into fishes and
crustaceans. In terms of function, health, digestibility,
palatability, and special nutrition are considered as the key
segments of this market. On the basis of the ingredient, the market
is divided into marine, land animals, veg/grains, carotenoids, and
additives.
On
the regional basis, the market is segmented into North America
(Canada and the U.S.), Latin America (Argentina, Mexico, and Brazil),
the Middle East and Africa (Israel, South Africa, Turkey, and GCC
countries), Asia Pacific excluding Japan (India, South Korea, China,
Australia, Indonesia, and Singapore), Europe (the U.K., Germany,
Italy, Spain, France, and Nordic countries), and Japan. The
cumulative average growth rates for each of the segment within the
global
aquafeed market have been identified after a detailed assessment
of the prominent trends, future potentials, demographics,
developments in technologies, and regulatory requirements.
An
in-depth qualitative assessment of factors that are responsible for
driving and limiting the growth of this market and for its future
opportunities has been presented in the market overview section. This
section of the research report also includes an analysis of the
market attractiveness that provides a thorough evaluation of the
overall competitive scenario in the overall market. The market
revenue in terms of US$ Mn for the period between 2017 and 2022,
coupled with the compound annual growth rate (CAGR %) from 2017 to
2022 have also been provided for all the segments.
Companies
Mentioned in the Report
The
report also reviews the profiles of the leading players operational
in the global market for aquafeed on the basis of various attributes,
such as the overview of the financial, brand, and business
performance of the companies, their key business strategies, product
portfolio, and the recent developments. The leading companies
reviewed in this research report are Cermaq Group AS, Koninklijke DSM
N.V., BENEO GmbH, Dibaq Diproteg SA, Ridley Corp. Ltd., Nutreco N.V.,
Aller Aqua Group A/S, Cargill Inc., and Archer Daniels Midland Co.
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