Press release
Fish Oil for Aquafeed Market (2020 - 2027): Global Key Trends, Industry Opportunities And Market Projections For Upcoming Years| Top Players- ADM Animal Nutrition, Cargill, Incorporated., Ridley Corporation Limited
Market InsightsFish oil for aquafeed market is expected to grow at a rate of 6.90% in the forecast period 2020 to 2027. Rising growth in the aquaculture industry is the major factor driving the growth of fish oil for aquafeed market in the forecast period of 2020-2027.
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The rising availability and flexibility in the usage of alternative raw materials is the vital factor escalating the market growth, also increase in seafood trade, rising disposable income in the developing regions, increasing population, hiking awareness among the people regarding the scientific feeding of aquaculture species, rising demand for high protein content food and rising direct human consumption (DHC) of fish and fish products are the major factors among others driving the growth of fish oil for aquafeed market. Moreover, rising growth in support from governments and increasing development of innovative products as a source of protein will further create new opportunities for fish oil for aquafeed market in the forecast period of 2020-2027.
However, fluctuations in raw material prices and regulatory framework & interference are the major factors among others acting as restraints, while rising growth in environmental and human health concerns will further challenge the growth of fish oil for aquafeed market in the forecast period mentioned above.
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Major Market Players Covered in The Fish Oil for Aquafeed Market Are:
The major players covered in the fish oil for aquafeed market report are ADM Animal Nutrition, Cargill, Incorporated., Ridley Corporation Limited, BENEO, Nutreco N.V., Alltech., Purina Animal Nutrition LLC., Aller Aqua Group, ERBER Group, BioMar Group, Norel S.A, Avanti Feeds Ltd., DE HEUS., Novus International, Inc., Biostadt India Limited., Coppens International B.V, Charoen Pokphand Foods PCL among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Asia-Pacific dominates the fish oil for aquafeed market due to ease of fish farming, durability of species, and better or enhanced water quality within closed farm systems in this region. Europe is the second last consumer of fish oil for aquafeed market due to the presence of major players and a large production of salmon in this region.
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Global Fish Oil for Aquafeed Market Scope and Segments
Fish oil for aquafeed market is segmented on the basis of types of additives, aquatic species, type of feed and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
• Based on types of additives, the fish oil for aquafeed market has been segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes and feed acidifiers.
• Based on mode of aquatic species, the fish oil for aquafeed market has been segmented into fishes feeds, mollusks feeds and crustaceans feeds.
• On the basis of type of feed, the fish oil for aquafeed market is segmented into extruded feed, pellet feed, powder feed and wet feed.
• The fish oil for aquafeed market is also segmented on the basis of application into marine feeding and fresh water feeding.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Fish Oil for Aquafeed Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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