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Aquafeed Market Growth Analysis 2024 By Top Key Players - Cargill, Alltech, Ridley Corporation, Norel Animal Nutrition, Aller Aqua A/S, Beneo Ingredients GmbH, BASF, DSM, ADDCON

11-09-2018 10:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

Aquafeed Market

Aquafeed Market

MarketStudyReport.com Adds New Aquafeed Market evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024.

North America, with significant gains in the U.S. aquaculture additives market should witness gains close to 4% in sales during the projected timeline. Rise in imported fish and fishery products joined with growing demand for tilapia and catfish feed in this region has resulted in regional aquaculture industry expansion. Low cost and easily available feeds for farmers along with consumption of disease resistance and healthy seafood should fuel product demand in the region.

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Cargill, Alltech, Ridley Corporation, Norel Animal Nutrition, Aller Aqua A/S, Beneo Ingredients GmbH, BASF, DSM, ADDCON, Novus International and Evonik Industries are the prominent industry participants in aquafeed & aquaculture additive market. Companies are focusing on new product development and sustainable feed techniques to ensure complete nutrition of aquatic animals.

Aquaculture additive market from amino acid is likely to reach over USD 400 million at the end of 2024. Manufacturers are using amino acids in aquatic feed as they can potentially reduce nitrogen excretion. Increase in consumption of seafood along with shift in traditional aquatic feeding ways to commercial feeding techniques should enhance product demand.

Aquafeed & Aquaculture Additives Market is set to surpass USD 200 billion by 2024. Growth in fish consumption and growing seafood industry should stimulate aquafeed & aquaculture additives market. Fish and other aquatic animals are playing a key role mainly in the China, India, Thailand, and Malaysia owing to broad range of fishery resources in both freshwater and marine, resulting into increased product demand.

Aquafeed market from mollusks is projected to reach USD 40 billion by 2024. Farming of mollusks is considered sustainable and human intervention is required to feed them. Microorganisms such as bacteria which are found in guts of mollusks are used in medicinal purpose for neurological treatment of humans. Technological advancement in medical industry also have proven that microorganism found in mollusks can be used in therapeutic treatment of brain.

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Feed acidifiers market from aquaculture additives is may witness gains at over 6% during the forecast period. Acidifier functions as conserving agent by reducing the pH of the feed, and thereby inhibiting microbial and other pathogens. Increasing usage of acidifiers to preserve food, minimize pathogen impacts and enhance feed conversion rate should propel demand in aquaculture.

Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Aquafeed & Aquaculture Additives Industry Insights
Chapter 4 Aquaculture Additives Market, By Product
Chapter 5 Aquafeed Market, By End-Use
Chapter 6 Aquafeed and Aquaculture Additives Market, By Region
Chapter 7 Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/aquafeed-market

Related Report:

United States Aquafeed Market Report 2018

In this report, the United States Aquafeed market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-aquafeed-market-report-2018/?utm_source=RR-PSR

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