Global Aqua feed Market is projected to reach USD 163.27 billion by 2021

According to the report “Global Aquafeed Market,” published by Market Data Forecast, the global market is projected to reach USD 163.27 billion by 2021, at a CAGR of 10.60% from 2016 to 2021.Aqua feed is simply known as any feed for aquatic organisms like fishes as part of aquaculture. Aqua feed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture. Aqua feed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. Fish production in the world is mainly from both Aquaculture and Capture. Fish includes species like Tilapia, Catfish, Carp, and Salmon etc.

The dwindling natural sources and other reasons have reduced the dependence on Captured Fisheries. Large part of fish production is used for human consumption directly and a small portion is used for feed purposes. The end consumers of Aqua feed are fish, molluscs, crustaceans etc. Tilapia is the most farmed fish, raised in 135 countries whereas Shrimp is the largest aquaculture commodity. Carp fish type has been observed to have the highest market share in fish feed market. This is due to their abundant availability and popularity as common carp fish types are tolerant to most water conditions. Amino acids are an essential component of aquafeed with a market share of almost 21% in the total of aquafeed market in 2016.

The factors affecting the Global Market for Aquafeed Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section like the growth in global fish consumption, increase in mass production of fish, growing consumer awareness regarding the protein content in the fish food, and limited availability of marine feed resources, increasing population. However, environmental regulations on wild, marine and inland fisheries has made it difficult to procure important raw materials like fish meal, fish oil for feeds. Regulatory structure of the animal feeds industry which restricts the use of certain materials such as antibiotics, and increasing costs of raw materials are the main factors hindering the growth of the market.

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For granular level understanding the Aquafeed Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.

By End Use:
• Fish
o Carp
o Salmon
o Tilapia
o Catfish
o Others
• Mollusks
o Oyster
o Mussel
o Others
• Crustaceans
o Shrimp
o Crab
o Others

By Additives:

• Vitamins
• Minerals
• Antioxidants
• Amino Acids
• Enzymes
• Acidifiers
• Binders

Customized report URL: http://www.marketdataforecast.com/market-reports/global-aquafeed-market-655/customize-report

The Aquafeed market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America accounted for the largest share in the global Aquafeed market, accounting for around 32% of the global market. Asia-Pacific aquaculture industry is the largest in the world comprising of more than one third of the global market.

For more of regional analysis check out the following reports.
• North America Aquafeed Market
• Europe Aquafeed Market
• Asia-Pacific Aquafeed Market
• Latin America Aquafeed Market
• Middle East and Africa Aquafeed Market

Some of the major companies dominating this Aquafeed Market are Cargill, Inc., Nutreco N.V., Alltech Inc., AllerAqua A/S, Beneo GmbH, Biomar A/S, Charoen Pokphand Foods Public Company Limited, and Coppens International B.V.

The Aquafeed Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of type, Therapeutic application, and end user along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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