openPR Logo
Press release

Global Aquaculture Feed and Pharmaceuticals Market to Record Sturdy Growth CAGR of 7.3% over 2017-2025

Global Aquaculture Feed and Pharmaceuticals Market to Record

A recent report published by Persistence Market Research prognosticates that the global market for aquaculture feed and pharmaceuticals would be valued at US$1,068.9 mn by 2025 registering a CAGR of 7.3% over 2017-2025. The report, titled “Aquaculture Feed and Pharmaceutical Market: Global Industry Analysis 2012–2016 and Forecast 2017–2025,” portrays that the cumulative revenue generated by the market is projected to increase 1.8X over the forecast period from 2017-2025.

The paced development of new vaccines for aqua life and a rampant rise in the number of market players in this segment, especially in the developed countries like the U.S. and Canada, has augmented the global market for aquaculture feed and pharmaceuticals. The global aquaculture feed and pharmaceutical market is categorized in the report on the basis of product types into pharmaceuticals and biologics and medicated feed. Of these, the segment of pharmaceuticals and biologics is expected to be the dominating one in terms of revenue, registering a CAGR of 7.7% over 2017-2025 to outdo all other product types. Over the forecast period medicated feed is approximated to reach a CAGR of 6.6% in terms of revenue. On the front of market segmentation by species, shrimps and carps would fare the highest CAGR of 7.7% over 2017-2025.

On a geographical footing, Asia Pacific is forecasted to exhibit the highest CGPA of 7.6% amongst all other regional markets including Latin America, North America, Europe, and Middle East and Africa (MEA). Inland aquaculture is the most distinct avenue for the industry in Asia pacific and 66.6% fish is produced inland.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/13387  

The most prominent driver that has propelled the global market for aquaculture feed and pharmaceuticals is the growing demand for R&D in the field. This has further eased the entry of drugs, medicated feed, and vaccines in regional markets of developed nations like the United States of America and Canada. Owing to this, the aquaculture feed and pharmaceuticals industry has inorganically grown by liaising with key players. Moreover, if certain guidelines and compliance standards are met, there is no restriction on the use of extra-label drugs in the U.S., which could further fortify the market.

Measures to immune fishes against diseases is also a substantially effectual driver. Alongside this, aquaculture has become a vital source of food for human consumption, because of which various government initiatives are aiming to rid aqua life of the menace of diseases.

The production of veterinary medicines and medicated feed is governed by different laws and policies across different countries. Each country is deemed to adhere to their production standards, which makes it difficult to forecast trends and estimate figures. Moreover, most veterinary treatments are relatively expensive, which discourage people from cultivating aquaculture. The instances of lack of proper treatment and inability to diagnose diseases is also a shortfall for the aquaculture feed and pharmaceuticals market.

The growth of regional players in the market for aquaculture feed and pharmaceuticals has prompted the big companies to collaborate with them and reap the benefits of access to a larger set of consumers. There also lies an opportunity for market players to acquire regional players and thus optimize market share.

View Report Table of Contents, Figures, and Tables

There is a scaling presence of branded drugs in the global aquaculture market, which further augments the niche market for aquaculture feed and pharmaceuticals. Leading companies are capturing the market by resorting to the production of new drugs and innovating the production facilities to capture maximum market share. Some of the leading players in the global aquaculture feed and pharmaceuticals market include Norel S.A., Incorporated, Schouw & Co, Bayer AG, Growel Feeds Pvt. Ltd., Evonik, Biomin Holding GmbH, Koninklijke, Industries AG, Novus International Inc, Aller Aqua A/S, Ridley Corporation Ltd, Nutriad Ltd., DSM NV Merck & Co Inc, Cargill, Beneo GmbH, Alltech Inc., Skretting AS, Growel Feeds Pvt. Ltd., Neovia Vietnam, Zoetis.

Request for Methodology @ https://www.persistencemarketresearch.com/methodology/13387

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Global Aquaculture Feed and Pharmaceuticals Market to Record Sturdy Growth CAGR of 7.3% over 2017-2025 here

News-ID: 1478353 • Views: 329

More Releases from Persistance Market Research

Magnetic Field Sensors Market to Undertake Strapping Growth During 2020
Magnetic field sensor is a device used to study the magnetic field around coil, electrical device and around permanent magnets. Magnetic field sensors consist of rotating sensor tip which measures both transverse and longitudinal magnetic fields around the objects. Magnetic sensor uses “Hall Effect” (produces voltage difference across electrical conductor, transverse to electric current) transducer that measures vector component of magnetic field near the sensor tip. Magnetic field sensor measures
Grass Based Dairy Products Market to Significant Growth Foreseen by 2017 - 2025
Global Grass Based Dairy Products Market: Introduction The Food and Drug Administration supervises the label on the dairy products and has not defined the grass fed based products and also don’t have set guidelines for the producers/manufacturers for making a grass-fed claim. The FDA requires those labels on dairy should not be misleading. The dairy products from the grass-based products have high nutritional benefits and are also beneficial for the health
Glutathione Market to Witness Comprehensive Growth by 2017 - 2025
Global Glutathione Market: Introduction Glutathione is an essential antioxidant found in animals, plants, fungi, and other bacteria and archaea. Glutathione is capable of preventing damage to the important cellular components. It is a protein composed of three amino acids, and are sold as dietary supplements. It is an essential antioxidant, glutathione which is involved in DNA synthesis, immunity, and sperm formulation, amongst others. Glutathione is one of the most important antioxidant presents
Blueberry Extract Market to Undertake Strapping Growth During 2017 - 2025
Rising number of individuals across the globe are getting concerned about their health, and getting curious about what they are consuming is healthy or not. The trend of consuming healthy food is expected to continue across the globe. Owing to busy schedules, individuals often sacrifice their diets. To balance their diets, people have started to include dietary supplements and functional foods in their diets. Blueberry is a fruit native to

All 5 Releases


More Releases for Feed

Aqua Feed
Global Aquafeed Market Aquafeed is a compounded feed prepared by mixing of various raw materials with additives, which are administered to various aquatic species such as crustaceans, fish, and mollusks for aquatic species growth. Aquafeed is commonly used in the aquaculture sector and prepared according to the specific requirements of the age and species of animals. Aquafeed is available as the medicated and non-medicated feed. Medicated feed is used for the
Feed Acidulants Market
Feed Acidulants: Market Outlook Feed additives are a type of supplements that are given to the farm animals. These additives ensure proper nourishment for these animals. Feed additives include fatty acids, vitamins, amino acids, and minerals. Most of these nutrients are not obtained from the usual food that these animals consume and hence it requires an external source of nutrients. Vitamins and minerals are micronutrients which is required in smaller amounts
Innovation Benchmarking in Global Animal Feed and Feed Additives Market
According to a market research report published by Transparency Market Research, the global animal feed and feed additives market is estimated to expand at a CAGR of 3.8% during the period between 2011 and 2018. The report, titled “Animal Feed and Feed Additives Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2011 - 2018”, forecasts the global animal feed and feed additives market to be worth US$17.5
Animal Feed and Feed Additives Market - Global Industry Size 2018
Feed additives are now one of the coherent parts of the worldwide rising meat production industry. For improvising the overall growth of the animals, feed additives are mixed with the basic feed mix. Feed additives acts as a catalyst in improving rate of weight gain, prevention of diseases in animals, prevents vitamin deficiencies and improves feed digestion and conversion, thereby improving the quality of meat production. Feed additives are normally
Major Driving Factors for Compound Feed Market & Feed Additives Market
The compound feed industry has a vital role in the food chain, as it provides nutritious and sustainable food to animals raised in captivity. Feed additives are primarily supplements used in compound feed to enhance the total productivity and health of animals. In 2012, the global compound feed market and feed additives market stood at US$15.1 billion and is estimated to touch US$18.3 billion by the end of 2017, growing
Global Cattle Feed & Feed Additives Market Research Report 2016
Summary 2016 Global Cattle Feed & Feed Additives Industry Report is a professional and in-depth research report on the world’s major regional market conditions of the Cattle Feed & Feed Additives industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=689462&ptitle=Global+Cattle+Feed+%26%23038%3B+Feed+Additives+Market+Research+Report+2016&req=Sample The report firstly introduced the Cattle Feed & Feed Additives basics: definitions, classifications, applications and industry