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 nutritional supplement, growth-promoting properties, and immune resistant. High-quality aquafeed made up of the required composition of nutrients is better than farm-made feed for the aquatic species, which helps to improve the growth and health of the species.

Download free PDF Sample Copy of Global Aqua Feed Market: https://www.qandqmarketresearch.com/report-sample/7745335

The global Aquafeed Market is growing at a significant CAGR due to increase in the farming of aquatic species. Increase in the seafood consumption around the globe, rise in the awareness regarding quality of seafood, increase in the global population, growing dependence on fisheries, and availability of better arable land for the farming of non-medicated aquafeed such as wheat, soybean, corn, and maize might bolster the aquafeed market over the forecast period. In addition, rise in the per capita income in the developing countries, lack of nutritional values in the non-medicated aquafeed, and availability of the products might fuel the aquafeed market over the forecast period. However, high cost for the medicated aquafeed, cost fluctuations for the ingredients used for the production of aquafeed such as fish meal and fish oil, and environmental factors might hamper the growth of aquafeed market over the forecast period.

Aquafeed market is segmented on the basis of product type and species

Based on the product type, an Aquafeed Market is segmented into the following:
Non-Medicated feed
Soybean
Fish meal
Corn
Fish oil
Others
Medicated feed
Vitamins
Amino acids
Antibiotics
Anti-oxidants
Feed enzymes
Others

Based on the species, an Aquafeed Market is segmented into the following:
Fish
Molluscs
Crustaceans
Others

View Full Report Details and Table of Contents at: https://www.qandqmarketresearch.com/reports/7745335/aquafeed-market-20

A global Aquafeed Market is in the flourishing stage as several local and international players are engaged in the development of novel aquafeed products which help to increase the production of aquatic products. Acquisitions & mergers, collaborations, joint ventures, and product launch are the key strategies adopted by aquafeed market players. For instance, in October 2011, Nutreco acquired the Zhuhai Shihai Feed Co. Ltd. a fish and shrimp feed company for the development of business in China. Similarly, in April 2015, Biomar Group signed a MoU with the Tongwei Co. Ltd for the expansion of its business in China and South East Asia.

The global Aquafeed Market is segmented into the following regions Viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds the dominant share in global aquafeed market owing to increase in the consumption and production of aquatic products in Asia Pacific region majorly in India, China, Bangladesh, Thailand, and Vietnam. Increase in the farming of aquatic products, rise in the awareness regarding healthy seafood products, and high dependence of people on the fishery in rural regions also expected to propel the aquafeed market growth in Asia Pacific region. Europe holds the significant share in aquafeed market attributed to increase in the production of aquatic products in Norway, Denmark, Ireland, and U.K. Increase in the per capita income in developing countries, the rise in the consumption of seafood products might bolster the aquafeed market in the Europe region. North America, Latin America, and the Middle East and Africa also play a major role in the aquafeed market due to increase in the production of aquatic products in Chile, Peru, Egypt, and Brazil etc.

Some of the players in Aquafeed market are Ridley Corporation Ltd Australia, Nutraid Belgium, Alltech U.S., Biomar Denmark, Avanti Feeds Ltd. India, Aller Aqua A/S Denmark, Tongwei Co. Ltd China, Zhuhai Shihai Feed Co. Ltd China, Nutreco N. V Netherlands, Terravia Holdings Inc. U.S., Bunge Ltd. U.S., and Archer Daniels Midland Company U.S. to name a few.

In May 2018, De Heus Nutrition Animal entered into Spanish animal feed market by the acquisition of Acorex
In June 2016, Alltech acquired the Coppens for the expansion of its business segment in the Europe region
In April 2016, Terravia and Bunge launched the Algaprime DHA for aquafeed

View Full Report Details and Table of Contents at: https://www.qandqmarketresearch.com/reports/7745335/aquafeed-market-20

Report Outline:
The report provides granular level information about the market size, regional market share, and forecast from 2019-2025
The report covers in-detail insights about the competitor’s overview, key findings, and their key strategies
The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
The report tracks recent innovations, key developments, and startup’s details that are working in the industry.
For More Information: https://www.qandqmarketresearch.com/reports/7745335/aquafeed-market-20

QandQ Market Research is a Market aggregator brand owned solely by Megamind Research Pvt Ltd., an India based company. QandQ Market Research is an online marketplace of research report published by leading market research agencies by collecting their global and regional market reports on 100+ industry verticals.

Our database includes 1,000,000+ market research reports from over 75 leading global publishers & in-depth market research studies of over 5000 micro markets. With vast years of experience in the research field and comprehensive information about the publishers and their respective industrial expertise, we have gained grass root knowledge about the gaps prevailing within the research industry. Using this, we enable our clients to compare comprehensive research studies of various publishers so that they can procure best researching solutions for their organization. With this, we wish to collaborate with top companies across globe in being a trusted name for their researching requirements.

QandQ Market Research constantly strives to expand its existing market report collection to give broader choices to its esteemed clients.Be it first time or every time, with our expertise in research offerings and wide range of publications, we ensure we deliver all your research needs.
We are available 24/7 to offer support to our customers. So contact us anytime for your specific research needs and we will get in touch immediately to help you find a market research report you need.

QandQ Market Research
Via dell'Archeologia 29,
Roma 00133,
Italy.
Call us : +1 833 267 4156 (Toll Free)
Email : help@qandqmarketresearch.com
Website: www.qandqmarketresearch.com

This release was published on openPR.