openPR Logo
Press release

Aquafeed Market Projected to Reach $71.7 Billion by 2025 | Top Key Players are Cargill, Archer Daniels Midland Company, Alltech, Purina Animal Nutrition, Nutreco N.V., Ridley Corporation Ltd.

10-10-2019 11:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

Aquafeed Market

Aquafeed Market

The report "Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive, and Region – Global Forecast to 2025", is projected to reach USD 71.7 billion by 2025; it was estimated at USD 47.3 billion in 2019, recording a CAGR of 7.2% from 2019. One of the major factors driving the aquafeed market is increasing seafood consumption. Also, increasing seafood trade has been driving the growth of this market.

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

The fishmeal segment, by ingredient, is projected to grow at the highest CAGR in the aquafeed market during the forecast period.

The fishmeal segment is projected to be growing at the fastest rate during the forecast period, owing to the depleting amount of raw materials required for its production and increasing price levels. Due to over-exploitation, high demand, and price fluctuation of fishmeal, a large number of possible fishmeal replacers, including animal by-products (blood meal, poultry by-product meal, and bone meal), single-cell proteins (mainly from fungal and bacterial sources, such as algae), oilseeds (soybean, rapeseed, sunflower, and cottonseed), and legumes (beans, peas, and lupins) are being used in manufacturing aquafeed.

The fish segment, by species, is projected to witness the highest growth in the aquafeed market during the forecast period, due to the increased consumption of seafood products.

The fish segment is projected to record the highest CAGR during the forecast period. Fish farming and aquaculture in controlled conditions or under artificial settings have become an easier way to increase fish production and its availability for consumption. Fish farming in ponds, lakes, rivers, and coastal waters is increasing to fill the gap between demand and supply. The increase in fish farming activities and aquaculture has led to increased demand for fish feed.

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

Asia Pacific is projected to account for the largest share in the aquafeed market during the forecast period.

The Asia Pacific market accounted for the largest share in 2019; this market is majorly driven by China and Vietnam, which are major markets for aquafeed. China is among the leading producers of aquafeed in the Asia Pacific region. Due to the significant growth of seafood consumption and trade in this region, the aquafeed market is projected to grow in the region. The processed seafood market in the region is also currently undergoing significant transformation in response to the rapid urbanization and diet diversification. Also, consumer demand for convenience and processed seafood offers profitable growth prospects and diversification to the region’s food sector.

The major vendors in the global aquafeed market are Cargill (US), Archer Daniels Midland Company (US), Alltech (US), Purina Animal Nutrition (US), Nutreco N.V. (Netherlands), and Ridley Corporation Ltd. (Australia).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com

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.

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 Projected to Reach $71.7 Billion by 2025 | Top Key Players are Cargill, Archer Daniels Midland Company, Alltech, Purina Animal Nutrition, Nutreco N.V., Ridley Corporation Ltd. here

News-ID: 1846055 • Views: 561

More Releases from MarketsandMarkets™

Bone Growth Stimulator Market - Industry Share Analysis, Key Players and Future …
The Research Report on "Bone Growth Stimulator Market by Product (Device (Implant, External), Bone Morphogenetic Protein, PRP), Application (Spinal Fusion, Delayed Union, Non-union Bone Fracture, Maxillofacial Surgery), Care Setting (Hospital, Homecare) (2022 - 2026)", is projected to reach USD 1.5 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 5.8% during the forecast period. Growing patient preference for non-invasive and minimally invasive surgical treatments; The demand for minimally
Growing Demand of Multi-Factor Authentication Market | Size , Share 2022-2026
According to study published by MarketsandMarkets™, "Multi-Factor Authentication Market size projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=231220047 Browse in-depth TOC on "Multi-Factor Authentication Market by Component (Hardware, Solutions, and Services), Model Type (Two, Three, Four, and Five-Factor), Organization Size, End User (BFSI, Healthcare, Media and Entertainment,
Federated Learning Solutions Market Size, Share 2022-2028 | Rising Demand
According to a new market research report "Federated Learning Market by Application (Drug Discovery, Industrial IoT, Risk Management), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Automotive and Transportation, Energy and Utilities) and Region - Global Forecast to 2028" published by MarketsandMarkets™, As per AS-IS scenario, the global federated learning market size to grow from USD 127 million in 2023 to USD 210 million by 2028, at a Compound Annual Growth
Biomarkers Market - Industry Share Analysis, Key Players and Future Prospect
The Research Report on "Biomarkers Market by Product (Consumable, Service), Type (Safety, Efficacy, Validation), Disease (Cancer (Solid & Liquid Biopsy), Neurological), Application (Diagnostics, Drug Discovery & Development, Personalized Medicine) (2022 - 2026)", the global market size was valued at USD 43.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2026. Growth Opportunity: Personalized medicine; Biomarkers play a key role in

All 5 Releases


More Releases for Aquafeed

Upcoming Growth Trends in the Aquafeed Market
The aquafeed market is estimated to account for USD 47.3 billion in 2019 and is projected to reach USD 71.7 billion by 2025, recording a CAGR of 7.2% during the forecast period. The market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151 On the basis of ingredient, the soybean segment
AquaFeed Market Overview by 2025: QY Research
The report presents key information and data related to the global AquaFeed market in a meticulous and easily understandable manner. It provides accurate market figures and forecasts that have been calculated with the use of advanced primary and secondary research techniques. It includes deep segmental analysis of the global AquaFeed market where the main focus is on segments by product and application. It also offers a detailed analysis of the regional growth
AquaFeed Market Brief Analysis and Application, Growth by 2025
This study focuses on the production side and consumption side of AquaFeed, presents the global AquaFeed market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the AquaFeed capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on
Aquafeed Market Intelligence Report Offers Growth Prospects
The global aquafeed market has a fragmented competitive landscape, says Transparency Market Research in its recently published report. With new entrants foraying in this market, the vendor landscape is prognosticated to become highly competitive with an intensified manufacturing of an assortment of aquafeed products. Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31064 Making unique commodities is a key area where savvy players are seen channelizing their efforts at present to gain greater market share in
Aquafeed Market: Increasing preference for Protein-rich Diet to Fuel Demand for …
Global Aquafeed Market: Snapshot The continual increase in the consumption of seafood across the world has a significant influence on the growth of the global market for aquafeed. With consumers being aware of the benefits of high quality seafood products, the demand for better-quality aquafeed has augmented, boosting this market remarkably. The consumption of seafood is expected to remain high in the near future, thanks to the escalating disposable income of
Aquafeed Market to Grab Growth at 5.9% CAGR Through 2027
A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and