Fishmeal for Aquafeed Market : to reach at a CAGR of 7.60%,would stand tall by USD 192.18 billion by 2029,Industry Trends 

To encourage farmers to use high-quality feed, the government has launched a number of initiatives and schemes. Feed firms have guaranteed that farmers have the resources they need to protect the health and welfare of their animals while also maintaining farm productivity levels. Increased export-oriented aquaculture and adoption of 'Scientific Aquaculture Management Practices' have risen in response to rising fish demand (SAMP). As a result, fish farming is expected to expand, posing a growth potential for the fishmeal for aquafeed market.

Data Bridge Market Research analyses that the fishmeal for aquafeed market is expected to reach at a CAGR of 7.60% during the forecast period. The global fishmeal for aquafeed market value which was USD 106.96 billion in 2021, would stand tall by USD 192.18 billion by 2029. Fish consumption is increasing faster than the world population, thanks to rising affluence and urbanisation. "Fish" dominates the species market segment owing to the increasing fish consumption. The fishmeal for aquafeed market report also covers pricing analysis, patent analysis, and technological advancements in depth.    

Market Definition  

Aquafeeds are compounded meals made from a variety of raw ingredients and additives for aquatic animals. These blends are made to meet the specific needs of the animal's species and age. Aquafeed's nutritional, immune-resistance, and growth-promoting characteristics have made it indispensable in the aquaculture business. Due to its balanced and need-specific composition, high quality aquafeed is exponentially more helpful to fish, mollusks, crustaceans, and other aquatic species than farm-made feed.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-fishmeal-for-aquafeed-market

Global Fishmeal for Aquafeed Market Scope

The fishmeal for aquafeed market is segmented on the basis of species, lifecycle, and form. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Species

Fish
Crustaceans
Mollusks

On the basis of species, the fishmeal for aquafeed market has been segmented into fish, crustaceans, mollusks.

Lifecycle

Starter Feed
Grower Feed
Finisher Feed
Brooder Feed

On the basis of lifecycle, the fishmeal for aquafeed market is segmented into starter feed, grower feed, finisher feed, brooder feed.

Form 

Dry
Wet
Moist

On the basis of form, the fishmeal for aquafeed market is segmented into dry, wet, moist.

Some of the major players operating in the fishmeal for aquafeed market are:

Cargill, Incorporated (US)
ADM (US)
Alltech (US)
Purina Mills (US)
Nutreco N.V. (Netherlands)
Ridley Corporation Limited (Australia)
Adisseo (China)
Aller Aqua Group (Denmark)
BIOMIN (EMEA)
INVE Aquaculture  (Belgium)
Charoen Pokphand Group Company, Ltd. (Thailand)
hanpel (South Korea)
Coppens International B.V. (Netherlands)
BioMar Group (Denmark)
LifeCircle Nutrition AG (Switzerland)
Kent Nutrition Group (US)
Sonac (US)
Growel Feeds Pvt Ltd (India)
Japfa Ltd (Singapore)
Marvesa Oils & Fats B.V. (Netherlands)
Marubeni Nisshin Feed Co.,Ltd. (Japan)
Novus International (US)

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