Global Growth Analysis of Aquafeed Additives Market
A recent study published by Transparency Market Research on the aquafeed additives market includes global industry analysis and opportunity assessment for 2019-2029. The global aquafeed additives market is expected to be valued at ~US$ 1.3 Bn in 2019, which is projected to rise at a CAGR of ~5%, to reach US$ 2.2 Bn by 2029.
Increasing Preference for Plant-based Additives Drives Market
In the current scenario, plant-based additives derived from corn, soybean, cotton seed, peas, sunflower seed and other organic sources are in high demand. Sources of these additives are naturally high in protein and nutrition content and are therefore more in demand in the aquafeed additives industry. Furthermore, additives derived from natural sources are easier to digest as compared to other animal-derived proteins. Therefore, they are better and best alternative of animal-based additives used for aquafeed manufacturing, as they are easier to digest and have a higher protein content.
Middle East & Africa Region Offers Attractive Growth Opportunities
Regions such as North America, Latin America, Europe, and Asia Pacific (including East, South Asia, and Oceania) are anticipated to hold prominent share in the global aquafeed additives market in terms of value. However, the Middle East & Africa aquafeed additives market is expected to grow at a higher rate during the forecast period. Growth witnessed in the region is driven by fluctuations in the aquafeed pattern. Increasing inclination towards plant-based ingredients in aquafeed additives has bode well for the regional market.
Additionally, macroeconomic factors including growing population, rapid industrialization, and urbanization across the globe have enhanced the confidence of the investors in the aquafeed additives market. Apart from this, farmers of aquaculture are more aware about what they are feeding their aquatic animals including fish and other spices; hence, the aquafeed additives market is anticipated to witness high growth over the forthcoming period.
More Trending Reports
Increasing Demand for Seafood across Multiple Regions
The global market for aquafeed additives has been segmented on the basis of product type into amino acids, antioxidants, antibiotics, vitamins, minerals, feed acidifiers, and feed enzymes. The increasing availability of different types of additives and their increases uses in feeding fishes and other aquatic animals are driving the market. According to the data published by Food and Agriculture Organization of the United Nations (FAO), it was observed that in 2017 aquaculture’s share in direct human consumption was 55% and is increasing with each passing year. This growing consumption of seafood by humans is directly proportionate to the growing demand for plant-based fish feed. This will in turn create growth opportunities for the aquafeed additives market over the forecast period.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
US Office Contact
90 State Street, Suit e 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Growth Analysis of Aquafeed Additives Market here
News-ID: 2391265 • Views: 518
More Releases from Transparency Market Research
White Goods Packaging Market is projected to grow at a CAGR of 4.7% from 2023 to …
The latest research study released by Transparency Market Research on "White Goods Packaging Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the White Goods Packaging industry, as
Active Smart and Intelligent Packaging Market Estimated to Experience a Hike in …
Active Smart and Intelligent Packaging market is estimated to attain a valuation of US$ 139.1 million by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.8% during the forecast period, 2019 - 2027 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐜𝐭𝐢𝐯𝐞 𝐒𝐦𝐚𝐫𝐭 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫
Medical Lifting Slings Market to Observe Strong Development by 2031, TMR Study
The latest research study released by Transparency Market Research on "Medical Lifting Slings Market Forecast to 2022-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Medical Lifting Slings industry,
Waxy Maize Starch Market Future Strategies and Growth Forecast till 2032
The latest research study released by Transparency Market Research on "Waxy Maize Starch Market Forecast to 2022-2032 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Waxy Maize Starch industry, as
More Releases for Increasing
Increasing Focus On Using Lightweight Materials Is Increasing Demand For Two Com …
Two Component Adhesives Market Overview Two component adhesives are binding substances known for adhesions that are led by chemical reactions. These adhesives are sometimes recognized as reactive adhesives or structural adhesives. To Get In-depth Information View Full Report – https://www.factmr.com/report/5376/two-component-adhesives-market Two component adhesives are known for their fast curing, easy process due to their creamy consistency, flawless shine after mechanical polishing, high chemical and wear resistance, and high bonding power even at high
Torso Model : increasing use of torso model in the medical industry, increasing …
Torso Model Market Overview The torso or trunk is an anatomical name for the central part, or core, extending the neck and limbs. The torso includes the trunk's thoracic segment, the abdominal segment of the trunk, and the perineum. Human torso models are both complicated and rich in detail as the torso contains many vital organs. Doctors and medical instructors employ torso manikins to illustrate the complex structure and functions of
Thyristor Market - The Increasing Demand From Increasing Population
Published: Oct, 2018 The global thyristor market was valued at US$ 4,035.0 Mn in 2017 and is projected to register compound annual growth rate (CAGR) of over 7.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that the rising population and urbanization is likely to spur the
Growth of the Global PVC Pipes and Fittings Market is Increasing With Increasing …
PVC Pipes and fittings are made from the polyvinyl chloride material. PVC pipes and fittings are manufactured by heating plastic resins and the molten resins are set to make desirable shapes and sizes. The PVC pipes and fittings are widely used in the various applications such as irrigation, building & construction, water supply, sewage management and others. PVC pipes and fittings are of various types such as rigid pipes and
Thick Film Resistors Market - Increasing Consumer Spending And Increasing Global …
Resistor is a two-terminal electronic component that is used to resist or reduce the amount of current flowing in an electronic circuit. A resistor is diverse component which comes in variety of resistance values, sizes, shapes and types and these different types of resistors are used in different applications. Resistors can be broadly categorized as fixed resistors and variable resistors. Thick film resistor is one of the fixed resistors, these
Increasing Health Sensitivity Among Consumers Is Boosted By Increasing Health Se …
SAN FRANCISCO, Nov. 09, 2017 Global Nutraceuticals Product Market size is expected to reach $340 billion by 2024 from $195 billion in 2016; growing at a CAGR of 7.2% from 2016 to 2024. By geography, Asia-Pacific and Rest of the World are expected to grow at a CAGR of 7.6% and 7.7%, respectively, during the forecast period. Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/food-beverages/nutraceuticals-market/sample-request Increasing investments