openPR Logo
Press release

Aquafeed Market Expected to Reach a Valuation of US$70.09 bn by 2022

The global aquafeed market depicts the presence of a highly competitive vendor landscape, owing to the presence of innumerable well-established players, says Transparency Market Research on the basis of a recently published report. Most companies are participating in mergers and acquisitions, strategic partnerships, and collaborations. With new players entering the market on a regular basis, the market is expected to experience an invigorated competitive landscape during the next few years.

Request Sample For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31064

Many players are expected to focus on improving aquafeed product manufacturing techniques, thus making an assortment of aquafeed products available to consumers. Making unique commodities is a key area where a high emphasis will be put by most of the players in the global aquafeed market.

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., are key players operating in the global aquafeed market. Owing to innovative production methods introduced, several players are aiming towards increasing product yield and production capacity, as well as regulating product costs.

According to experts from Transparency Market Research, the global aquafeed market is expected to fetch revenue worth US$70.09 bn by the end of 2022, which is a decent increase in its earlier revenue of US$51.12 bn registered in 2017. This growth is projected to occur at an impressive CAGR of 6.50% measured during the forecast period from 2017 to 2022.

Read Report Overview @ https://www.transparencymarketresearch.com/aquafeed-market.html

Growth in the global aquafeed market is largely boosted due to rising awareness about the protein-based health benefits of consuming seafood products. With high-protein rich diets that involve eating aquafeed varieties being followed all over the globe, the global aquafeed market is progressing rapidly to showcase a positive growth curve in the near future.

Several health conscious people need a high intake of proteins in their diets. As aquafeed items provide such nutrients, several health freaks regularly consume these foods, thus causing a rise in their demand. Moreover, people are increasingly keeping fishes in aquariums as pets, thus contributing towards a rise in the need for appropriate aquafeed. This feed needs to be provided to the fishes on a regular basis.

Rapid urbanization and a surge in disposable income with improving lifestyles have led towards people trying out different options for gaining proteins as key nutrients, thus leading to an increase in demand for aquafeed products. Such factors are prophesized to continue propelling the global aquafeed market’s growth in the upcoming years. Growing popularity of aquaculture production in prime economies such as China and India also is a prime factor propelling the market’s growth.

However, strict regulations regarding use of fishes and other sea creatures for aesthetic purposes, as well as for consumption purposes, is greatly hampering the global aquafeed market’s growth. Moreover, processing aquafeed could be expensive, further translating into expensive products for consumers. Nevertheless, many businesses are soon expected to introduce cost-effective aquaculture solutions, thereby attempting to reduce the effects of restraints acting on the market.

About Us

Transparency Market Research (TMR) is a 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 business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aquafeed Market Expected to Reach a Valuation of US$70.09 bn by 2022 here

News-ID: 1452372 • Views: 84

More Releases from Transparency Market Research - Food and Beverages

Omega 3 Ingredients Market to garner CAGR of 10.9% by 2027
According to a new study by TMR, the global sales of omega 3 ingredients are estimated to surpass revenues worth US$ 4,900 mn in 2019. The omega 3 ingredients market continues to remain influenced by various factors, which range from an upsurge in a number of proactive health-conscious consumers to growing preference for polyunsaturated fatty acids (PUFAs) as a preventive solution to prevent chronic diseases. The study opines that the omega
Dry Whey Market to Witness Comprehensive Growth by 2014-2020
Whey is a liquid substance that is obtained from the separation of the milk, skim milk or cream in cheese making process. Dry whey is obtained by the extraction of water from the whey. Dry whey contains all the constituents in the same relative proportions as in liquid whey except water. On the basis of reconstitution, dry whey is of two types of dry sweet whey and dry acid whey.
Spoonable Yogurt Market to Record an Exponential CAGR by 2014-2020
Spoonable yogurt is a processed dairy product produced by the bacterial fermentation of milk. Spoonable yogurt has a smooth and glossy texture. Spoonable yogurt is available in the semi-solid form and can be scooped up and consumed directly. Hence, it is called spoonable yogurt. Spoonable yogurt’s soft nature allows it to be eaten by consumers of all age-groups such as infants and elderly. Moreover, spoonable yogurt is a friendly nutritional
Creatine Monohydrate Market Industry Overview, Trends and Growth Opportunities F …
Creatine monohydrate is a naturally occurring nitrogenous compound and helps in the supply of energy to the cells of the body. Creatine monohydrate is present in the human body naturally; 95% in muscle tissues in the form of phosphocreatine and remaining 5% is present in the brain, liver, and kidney. The body produces the endogenous creatine monohydrate form the amino acids; glycine and arginine. Creatine monohydrate is widely used in

All 5 Releases


More Releases for Group

Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of
Skye Dental Group
The Skye Dental Group has some of Glasgow’s most established, hygienic and professional practices under its umbrella. This includes The Glasgow Dentist, based in the Rutherglen area of Glasgow. The practice offers a range of private dental treatments such as teeth straightening systems, Damon Braces, Invisalign and Six Month Smiles, as well as dental implants for missing teeth and general dentistry and hygienist services. Damon Braces Damon Braces are a fixed brace teeth
Carpet Tile Market 2017 - Interface, Mohawk Group, Dixie Group, Milliken Group, …
The Global Carpet Tile Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Carpet Tile industry. First, "Global Carpet Tile Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Carpet Tile industry chain structure. Major Companies Covered in this report:- Interface Mohawk Group Dixie Group Milliken Group Bentley Mills Shaw Contract Group Request For Report
Sharp World Group
In order to develop production, it is necessary to continuously improve performance and introduce modern methods of work. As new technologies appear, enterprises strive to modify equipment they use in order to improve quality of products they propose. Such changes directly affect formation of consumer’s goods loyalty that, in its turn, ensures a stable profit and revenue for the company. Sharp World Group is one of the leading companies that manufactures
Sharp World Group
Pour développer la fabrication il faut perfectionner son fonctionnement et intégrer de nouvelles méthodes modernes. A mesure que de nouvelles technologies apparaissent les entreprises сherchent à modifier l’équipement pour améliorer la qualité du produit. De tels changements influencent la fidélisation des clients ce qui assure les bénéfices et le profit de l’entreprise. Sharp World Group est une des sociétés leaders de production des systèmes de refroidissement et de congélation. Avec son
Dr. Batra's Group Profile
Dr. Batra's – the name that represents excellence and commitment to the health services sector – the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr. Batra’s is to innovate, to excel at whatever is created and to build a brand that constantly strives for something still better! Transparency in business and abiding by their fundamental principles