openPR Logo
Press release

Aquafeed Market Research Report Up to 2031

12-29-2021 12:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Visiongain Ltd

Visiongain has published a new report on Aquafeed Market Report to 2031: Forecasts By Ingredient (Soybean, Corn, Fish Meal, Additives, Fish Oil, Others), By Additives (Vitamins & Minerals, Prebiotics & Probiotics, Amino Acids, Antibiotics, Enzymes, Antioxidants, Others), By Species (Fish, Crustaceans, Mollusks, Others), By Form (Dry, Moist, Wet), By Lifecycle (Grower Feed, Finisher Feed, Starter Feed, Brooder Feed), By Distribution Channel (Online Channels, Offline Channels) PLUS Profiles of Leading Aquafeed Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/aquafeed-market/#download_sampe_div

Augmentation in thee aquaculture industry and technological advancements is leading to the high demand for aquafeed market.

COVID-19 Impact on Aquafeed Market

Coronavirus has led to various changes across the value chain of the aquafeed producing industry. Most of the countries are experiencing lockdown and strict government regulations primarily for the food and beverage industry. Most of the manufacturing plants are working below their production capacity leading to demand and supply gap. The disease has forced some of the manufacturing plants to shut shop owing to disruptions across the value chain of the industry. Additionally, market players in aquafeed industry are focusing onto new business strategies to continue smooth operations at their factories. This has also resulted into shortage of raw materials and hence increased prices, which is further adding up to the increasing prices for end product. Many organization have faced financial losses due to the ban on cross border trade during the initial period of pandemic. However, measures are being undertaken by the government, organization, industry associations and key market players to compensate the losses and improve the market scenario of aquafeed market.

Market Drivers

Rising consumption of seafood coupled with benefits associated with these products

The overall consumption of seafood has grown significantly over past few years, which has accelerates the aquaculture activities to ensure the fulfilment of global demand for seafood. The global seafood demand is estimated to exceed 260 million tons by 2030. Additionally, consumers have become aware about the benefits offered by high-quality seafood products including prevention from cardiac arrest, reduction of depression, and lowering of blood pressure among others. This resulted into improves the supply of aquafeed across the globe. Major demand for seafood comes from countries such as China, France, U.S., Norway, Sweden, Japan, and Malaysia among other countries. Russia and Brazil are among the major emerging markets in terms of rising demand for seafood. The growth in the demand from these emerging markets is attributed to the increase in consumer spending on the animal proteins and increase in the income levels. These factors are driving the demand for seafood and hence growth of the aquafeed market.

Augmentation in the aquaculture industry across the globe

Aquaculture has experienced the fastest growth rate among the animal food industry owing to the increasing income levels and various initiatives of the organizations to improve the industry. The global aquaculture witnessed a total rise in consumption of 122% and growth in the production at a rate of 527% from 1990 to 2018. Moreover, increasing trend of smart and sustainable fishing coupled with the initiatives being undertaken by industry associations is leading to the growth of aquaculture industry. The increasing government initiatives such as grants, funds and investments in the sector to boost the overall demand. For instance, The Government of New Zealand set up the ‘Aquaculture Planning Fund (APF)’ to help the aquaculture industry in achieving its sales goal of US$ 1 Bn by 2025. The funds help regional council with the cost of coastal planning related to developments in aquaculture. This is leading to a significant growth in the aquaculture industry thus propelling the demand for aquafeed worldwide.

Market Opportunities

Increasing investments new product development and research in the field of aquafeed market

The key industry leaders are investing into research and development of new products in the aquafeed market to offer customized solutions to their customers and provide effective aquafeed products. Some of the recent developments in the market are listed below:
• In August 2020, Delacon, multinational feed additive company entered in the aquaffed market with the introduction of is new pathogenic solution called ‘Syrena® Boost’ to modern aquaculture practices. The product ensures efficient, profitable and sustainable aquaculture production. It uses essential oils, spices and pre-mixture of specific saponins that targets productivity and gut performance.
• In July 2020, Liptoaqua, an aquaculture solution providing company launched Vital Plus H.R., a nutraceutical product to reduce the stress among fishes caused due to seasonal changes, antibiotics treatment, transport and fish grading and vaccination. This also helps in fast recovery of the species under intensive production conditions.
• IN June 2020, Lallemand Animal Nutrition entered into partnership with CEA to develop a technology that quantifies live yeast cells within a range of feed material. The company designed NUMCELL, which is a dedicated software that helps in numeration of live yeast cells within any feed type and improves the manufacturing of feed.
Rising trend of commercialization of the aquaculture industry

Get Detailed TOC @ https://www.visiongain.com/report/aquafeed-market/#download_sampe_div

Most of the countries are planning to commercialize their aquaculture industry, which will further accentuate the market demand for aquafeed. The high demand for fish in Cambodia is leading to the increase in caught-fish imports in the country as fish is the primary source of protein for health in the country. Commercialization of Aquaculture for Sustainable Trade (CAST) is a project launched in the country to create new market opportunities for farmers leading to increased household income. In January 2019, the Government of U.S. started funding the CAST project with a funding amount of over US$ 17 Mn to increase the growth and development of freshwater aquaculture in Cambodia. Iniitiatvives like these in most of the countries including India, Brazil and Norway among others is expected to further bosst the demand for aquafeed.

Competitive Landscape

Some of the companies profiled in the report include ADM Animal Nutrition, Purina Animal Nutrition LLC., Cargill, Incorporated, Adisseo and Alltech among others. Key players in the aquafeed market are exploring organic and inorganic business strategies maintain their position and expand their business in the market space. For instance, in October 2020, Cargill entered in partnership with BinSentry, to distribute BinSentry’s easy-to-install feed management solution for aquaculture that accurately tracks the feed inventory. The partnership was aimed at eliminating the cost efficiencies and improving the operational sustainability of the aquaculture farmers.

Request Customized Report as Per Your Requirements @ https://www.visiongain.com/contact/

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

To access the data contained in this document please email contactus@visiongain.com

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Aquafeed Market and leading companies. You will find data, trends and predictions.

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Research Insight : https://www.visiongain.com/aquafeed-market-analysis/

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

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 Research Report Up to 2031 here

News-ID: 2513383 • Views:

More Releases from Visiongain Ltd

Animal Model Market Report Up to 2031
Animal Model Market Report Up to 2031
Visiongain has published a new report on Animal Model Market Report to 2031: Forecasts by Animal Type (Mice, Rats, Fish, Birds, Cattle, Pigs, Amphibians, Guinea Pigs, Dogs, Cats, Rabbits, Monkeys, Sheep, Hamsters), By Technology (CRISPR, Microinjection, Embryonic Stem Cell, Nuclear Transfer), By Application (Research & Development {Infectious Disease, Immunological Disease, Cancer, Cardiovascular Diseases, Diabetes, Genetic Diseases, Neurological Diseases}, Production And Quality Control, Academics), By Use (Human, Veterinary), By End-use (Companies
Bakery Ingredients Market Report Up to 2031
Bakery Ingredients Market Report Up to 2031
Visiongain has published a new report on Bakery Ingredients Market Report to 2031: Forecasts by Ingredient Type (Enzymes, Emulsifiers, Leavening Agents, Oils, Fats, and Shortenings, Baking Powder & Mixes, Colors & Flavors, Fiber, Starch, Antimicrobials, Preservatives, Others), By Application (Cakes & Pastries, Bread, Rolls And Pies, Cookies & Biscuits, Others ), By Distribution Channel (B2B, B2C (Online Channels, Offline Channels) PLUS Profiles of Leading Bakery Ingredients Manufacturing Companies and Regional
Artificial Meat Market Report Up to 2031
Artificial Meat Market Report Up to 2031
Visiongain has published a new report on Artificial Meat Market Report to 2031: Forecasts by Product Type (Beef, Seafood, Pork, Poultry, Duck), By Application (Sausages, Meatballs, Burgers, Nuggets, Hot dogs), By Distribution Channel (B2B, B2C (Online Channels, Offline Channels) PLUS Profiles of Leading Artificial Meat Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample of Report @ https://www.visiongain.com/report/artificial-meat-market/#download_sampe_div Rising consumption of animal based-products and industrialization
Aquaculture Additives Market Report Up to 2031
Aquaculture Additives Market Report Up to 2031
Visiongain has published a new report on Aquaculture Additives Market Report to 2031: Forecasts by By Product Type (Amino Acids, Vitamins, Feed Acidifiers, Anti-Parasitic, Antibiotics, Anesthetic & Sedation Materials, Others), By Application (Mollusks, Shrimps, Catfish, Carp, Salmon, Trout, Tilapia, Sea Bass, Others), By Distribution Channel (Online Channels, Offline Channels) PLUS Profiles of Leading Aquaculture Additives Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample

All 5 Releases


More Releases for Aquafeed

Aquafeed Market worth $71.6 billion by 2025
The aquafeed market is estimated to account for USD 50.6 billion in 2020 and is projected to reach USD 71.6 billion by 2025, recording a CAGR of 7.2% during the forecast period. The market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151 The fishmeal segment, by ingredient, is projected to
Aquafeed Market Growth Opportunities and Recent Developments
The aquafeed market is estimated to account for USD 50.6 billion in 2020 and is projected to reach USD 71.6 billion by 2025, recording a CAGR of 7.2% during the forecast period. The market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1151 On the basis of ingredient, the soybean segment
Global Growth Analysis of Aquafeed Additives Market
Aquafeed Additives Market: Introduction A recent study published by Transparency Market Research on the aquafeed additives market includes global industry analysis and opportunity assessment for 2019-2029. The global aquafeed additives market is expected to be valued at ~US$ 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
Aquafeed Market Forecast and Segments, 2021-2030
With reference to the latest market forecast report published by Transparency Market Research, titled 'Aquafeed Market: Global Industry Analysis and Opportunity Assessment 2018-2026', revenue generated from the global aquafeed market is estimated to be valued at around US$ 52,553.8 Mn in 2018, which is projected to increase at a CAGR of 5.7% during the forecast period (2018-2026). Factors such as customers shifting towards plant-derived feed ingredients, high demand for aquaculture commercialization,
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 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