Global Aquafeed Market

1
    Global Aquafeed Market Propelled by
Increasing Demand for Seafood

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Aquafeed Market Propelled by Increasing
Demand for Seafood The global aquafeed market
has witnessed a positive growth over the past few
years. The growing aquaculture industry and the
introduction of new technologies aimed to improve
feed quality have provided an impetus to the
market growth. IMARC Groups recent study,
titled Aquafeed Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, finds that the global aquafeed
market reached a volume of more than 44 Million
Tons in 2017. Aquafeed has become a vital part of
the aquaculture industry owing to its growth
promoting and nutritional properties. A wide
range of ingredients are used in the preparation
of aquafeed, such as marine animals, plants,
terrestrial-based live feeds, plant or grain
products and by-products. The high-quality
commercial aquafeed is more advantageous to
crustaceans, mollusks, fishes, etc. than
farm-made feeds due to their need-specific and
balanced composition. Nowadays, various finished
products and ingredients are also being tested to
ensure that the essential nutrients are present
in aquafeed and are suitable for the aquatic
species.
4
Report Description and Highlights
Report Description
Global Aquafeed Market Trends There has been a
rise in the overall consumption of seafood due to
increasing awareness among consumers about their
high-protein content. This has encouraged the
farmers to utilize improved aquafeed for the
production of aquatic animals. Apart from this,
with rising importance of aquaculture, the
requirement of natural resources for producing
aquafeed ingredients has intensified. The
manufacturers are also producing safe and
sustainable feed products that secure human,
animal and environmental health. Additionally,
new technologies are being introduced so as to
improve the feed quality in order to attain
higher productivity. Moreover, research and
development activities, especially in Europe,
have resulted in the introduction of alternative
raw materials and low-cost production techniques
which are anticipated to augment the growth of
the aquafeed market. However, the fluctuating
prices of raw materials used in the production of
aquafeed can hinder the market growth. Looking
forward, the market is projected to exceed a
volume of 82 Million Tons by 2023, expanding at a
CAGR of 11 during 2018-2023. Read more here
https//www.imarcgroup.com/aquafeed-market
5
Report Description and Highlights
Report Description

•  
• Global Aquafeed Market Summary
• Based on specie, carp feed is witnessing the
  fastest growth as it provides high amounts of
  protein that are low in fats and are rich in
  omega-3 fatty acids. Carp feed is followed by
  marine shrimp, tilapias, catfish, marine fishes,
  salmon, freshwater crustaceans, trout and others.
• On the basis of ingredients, the market has been
  segmented into soybean, corn, fish meal, fish oil
  additives and others. Currently, soybean is the
  leading segment, accounting for the majority of
  the global share. This can be attributed to its
  easy availability and low cost coupled with
  relatively high amount of digestible protein.
• Based on additives, the report finds that
  vitamins and minerals hold the largest market
  share. They are followed by antioxidants, feed
  enzymes and others.
• On the basis of product forms, the market has
  been segregated as pellets, extruded products,
  powdered products and liquid products. Amongst
  these, pellets represent the leading segment.
• Region-wise, Asia Pacific enjoys the dominant
  position in the global aquafeed market. Other
  major regions include Europe, Latin America,
  Middle East and Africa, and North America.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  996flagB

6
Report Description and Highlights
Browse More Related Reports  Shrimp Feed
Market https//www.imarcgroup.com/shrimp-feed-mar
ket Pet Food Market https//www.imarcgroup.com/p
et-food-market
7
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
8

Contact Us