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Aquafeed Market Projected to Reach $172.56 Billion by 2022 | Key Players are Archer Daniels Midland Company, Ridley Corporation Limited, Cargill, Nutreco N.V

05-13-2019 03:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets.com

Aquafeed Market

Aquafeed Market

The report "Aquafeed Market by End User (Fish, Mollusks, and Crustaceans), Ingredient (Soybean, Corn, Additives, Fish meal, Fish oil), Additive (Antibiotics, Vitamins, Antioxidants, Amino acids, Feed enzymes, Feed Acidifiers), and Region - Global Forecast to 2022", The global aquafeed market is estimated to be valued at USD 107.82 Billion in 2017 and projected to reach USD 172.56 Billion by 2022, at a CAGR of 9.9% from 2017 to 2022.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151

Soybean segment dominated the aquafeed market

Soybean is more consumed in aquafeed production due to factors such as superior amino acid profile, higher total phosphorus content, and energy content. Soybean contains about 48% high-quality protein and is primarily used for feeding catfish.

Amino acids is projected to be the fastest-growing segment in the aquafeed market, by additive

The use of amino acids in aquaculture diets help to provide aquatic animals with required nutrients to overcome dietary deficiencies. Amino acids are important in animal nutrition and are the building blocks of protein, which play an essential role in the growth, production, and overall maintenance of aquatic animal health. The utilization of modern feed management techniques and high awareness levels are the main factors responsible for the high consumption of feed amino acids in the growing markets.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1151

Increased consumption of seafood and flexibility in using secondary raw materials key to success in the European region

High growth was observed in the European aquafeed market over the past few years. The main reasons for this growth is rising demand for aquafeed in European countries and increased consumption of seafood. Norway and Germany constituted the largest country-level markets in the European region in 2016.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Archer Daniels Midland Company (U.S.), Ridley Corporation Limited (Australia), Cargill (U.S.), Nutreco N.V (The Netherlands), and Avanti Feeds Ltd. (India); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Purina Animal Nutrition LLC (U.S.), Nutriad (Belgium), Alltech (U.S.), Biostadt India Limited (India), Aller Aqua A/S (Denmark), Biomar (Denmark), BIOMIN Holding GmbH (Austria), Norel Animal Nutrition (Spain), Dibaq A.S (Spain), and De Heus Animal Nutrition (Netherlands).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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