openPR Logo
Press release

Aquafeed Market Report Highlights Robust Growth, Reaching US$ 93.19 Billion by 2029

Aquafeed Market

Aquafeed Market

The global Aquafeed Market, valued at US$ 58.03 billion in 2022, is anticipated to witness significant growth, reaching US$ 93.19 billion by 2029. This projection reflects a Compound Annual Growth Rate (CAGR) of 7% during the forecast period. The comprehensive report, titled "Global Aquafeed Market Analysis 2023," presents a thorough examination of market dynamics, including the impact of COVID-19 lockdowns, key drivers, restraints, and regional insights.

For More Information About This Research Please Visit @ https://www.maximizemarketresearch.com/market-report/global-aquafeed-market/31756/

Aquafeed Market Report Scope and Research Methodology

The report meticulously covers the short-term and long-term impacts of the COVID-19 lockdown on market leaders, followers, and disruptors. With diverse lockdown implementations across regions and countries, the report analyzes the varying effects on market segments. Decision-makers will find valuable insights to formulate strategies and outlines for companies by region. The research methodology ensures accuracy and reliability in presenting insights, facts, historical data, and industry-validated market projections.
The report employs a comprehensive research methodology, including data collection and analysis, to present industry-validated market data, historical insights, and projections. The objective is to offer decision-makers a clear understanding of market dynamics, structure, and size, with insights into competitive analysis, growth strategies, and regional presence.

Market Dynamics:

The Aquafeed Market is witnessing a surge in revenue avenues due to the emergence of new species in aquaculture and the growth of fish farming. The introduction of new algae aquaculture feed ingredients as replacements for fishmeal and fish oil with plant-based materials is a significant trend. More than 70 percent of fish meal protein is being replaced with soybean meal, offering health benefits by reducing oils causing health issues.

The report also highlights the increasing demand for salmonid feeds and commercial feeds for catfishes and other carnivorous fishes. Additionally, the soybean segment is expected to dominate the market, given its status as an excellent source of protein for aquafeed.

Aquafeed Market Insights:

The Aquafeed Market is experiencing growth opportunities driven by the emergence of new species in aquaculture and the expanding fish farming sector. New fish species, such as meager, amberjack, and wreckfish, are increasingly reliant on commercially manufactured compound feeds. The introduction of algae-based aquaculture feed ingredients as a sustainable replacement for fishmeal and fish oil is a notable trend. The report highlights the significant role of soybean in aquafeed, attributing its dominance to its high-quality protein content and nutritional value.

For More Information About This Research Please Visit: https://www.maximizemarketresearch.com/request-sample/31756

Aquafeed Market Segmentation:

by End User

Fish
Mollusks
Crustaceans

The fish section, which is based on end users, had the biggest share in 2019 and is predicted to increase at the quickest rate over the next several years. The least expensive and easiest to digest animal protein is fish. Fish feed is in higher demand as a result of the expansion of aquaculture and fish farming. Aquafeed is becoming more and more in demand as a result of the use of artificial environments like aquaponics and the Recirculating Aquaculture System (RAS) to boost fish productivity and availability for consumption.

by Ingredient

Soybean
Corn
Additives
Fish meal
Fish oil

The aquafeed market is anticipated to be dominated by the soybean segment over the forecast period, based on the type of ingredients used. For aquafeed, soybean is a great source of protein because it has 48% high-quality protein. Because of its high nutrient content and abundance of easily absorbed amino acids and xanthophylls, it is widely utilized as a crucial source of protein in the creation of aquafeed.

by Additive

Antibiotics
Vitamins
Antioxidants
Amino acids
Feed enzymes
Feed Acidifiers

Aquafeed Market Key Players include:

1. Archer Daniels Midland Company
2. Cargill
3. Alltech
4. Ridley Corporation Ltd.
5. Nutreco N.V
6. Avanti Feeds Ltd.
7. Biostadt India Ltd.
8. Nutriad
9. Aller Aqua A/S
10. BioMar
11. BIOMIN Holding GmbH
12. Norel Animal Nutrition
13. De Heus Animal Nutrition
14. Dibaq a.s

For More Information About This Research Please Visit: https://www.maximizemarketresearch.com/request-sample/31756

Key Questions answered in the Aquafeed Market Report are:

• What is Aquafeed?
• What are the global Aquafeed market trends?
• What are the emerging trends in the Aquafeed market?
• What was the global Aquafeed market size in 2022?
• What is the expected CAGR of the Aquafeed market during the forecast period?
• What is the expected Aquafeed market size by 2029?
• What factors are affecting the Aquafeed market growth?
• Which region held the largest share of the global Aquafeed market?

Regional Insights:

Asia-Pacific leads the global Aquafeed Market, constituting over 53% of the market's revenue and more than 58% of overall aquafeed consumption. The highest growth for fish consumption is anticipated in the Asia-Pacific and Latin American regions, driven by changing diet patterns, urbanization, population growth, and economic development.

North America and Europe, with relatively small aquaculture industries, exhibit high demand for fish and seafood products. These regions depend on Asian producers to meet their demands, showcasing the global interdependence within the aquafeed market.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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 Report Highlights Robust Growth, Reaching US$ 93.19 Billion by 2029 here

News-ID: 3293307 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Power Semiconductor Market to Reach USD 51.83 Billion by 2030 at 3.18% CAGR - Power Semiconductor Forecast Highlights Energy-Efficiency Surge
Power Semiconductor Market to Reach USD 51.83 Billion by 2030 at 3.18% CAGR - Po …
According to a new report by Maximize Market Research, the global power semiconductor market was valued at USD 41.63 billion in 2023 and is projected to reach USD 51.83 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.18% over the forecast period 2024-2030. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/28191/ ♦ Key Highlights Market Size & CAGR: USD 41.63 Bn in 2023, expected to reach USD 51.83 Bn by
Microneedle Drug Delivery Systems Market Set to Reach US $ 9.46 Billion by 2030 at 7.7% CAGR - Advanced Drug Delivery Forecast
Microneedle Drug Delivery Systems Market Set to Reach US $ 9.46 Billion by 2030 …
According to a new report by Maximize Market Research, the global microneedle drug delivery systems market was valued at roughly US $ 6.11 billion in 2024 and is projected to reach approximately US $ 9.46 billion by 2030, growing at a compound annual growth rate (CAGR) of around 7.7%. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/215694/ ♦ Key Highlights Market size & CAGR: Estimated at ~US $ 6.11 billion in 2024, forecast to
Automotive Paints Market Forecast to Reach USD 15.77 Billion by 2030 at 4.7 % CAGR - Growth Supported by Sustainability & EV-Driven Demand
Automotive Paints Market Forecast to Reach USD 15.77 Billion by 2030 at 4.7 % CA …
According to a new report by Maximize Market Research, the global automotive paints market was valued at USD 10.85 billion in 2023 and is projected to reach USD 15.77 billion by 2030, growing at a CAGR of approximately 4.7 % during 2024-2030. The forecast covers global coatings used in vehicle manufacturing and refinish applications, with a focus on key regions such as Asia-Pacific, North America and Europe. ► Get a sample
Petrochemicals Market Set to Reach USD 1,122.31 Billion by 2032 at a CAGR of 6.5% - Global Petrochemicals Forecast Highlights Robust Growth
Petrochemicals Market Set to Reach USD 1,122.31 Billion by 2032 at a CAGR of 6.5 …
According to a new report by Maximize Market Research, the global petrochemicals market was valued at USD 678.13 billion in 2024 and is projected to reach USD 1,122.31 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032. The growth is anchored in expanding demand across automotive, electronics, construction, and packaging industries. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/126575/ ♦ Key Highlights Market size + CAGR:

All 5 Releases


More Releases for Aqua

Aqua Vital Reviews: Truth About Aqua Vital Hydrogen Water Bottle
Introducing Aqua Vital -The Revolutionary Hydrogen water bottle that is trending in the United States. Truly, dehydration is a silent threat that creeps into our lives, often unnoticed until it's too late. It's estimated that over 75% of Americans suffer from chronic dehydration, with many not even realizing it. The consequences can be devastating, ranging from mild headaches and fatigue to severe kidney damage and cardiovascular disease. Imagine waking up every morning
Aqua Gym Equipment Market Expected To Collect XX Million By 2025: Aqua Lung Inte …
According to report published by WMR, Growing consumer awareness regarding healthy lifestyle and physical appearances. Rising pressure of hectic lifestyles among leads to serious health conditions such as high or low blood pressure, diabetes, and obesity to name a few. Aqua gym can reduce these problems as the workouts help reduce tension and also serve as a relaxing activity. This report provides in depth study of "Aqua Gym Equipments Market" using
Aqua Feed
Global Aquafeed Market Aquafeed is a compounded feed prepared by mixing of various raw materials with additives, which are administered to various aquatic species such as crustaceans, fish, and mollusks for aquatic species growth. Aquafeed is commonly used in the aquaculture sector and prepared according to the specific requirements of the age and species of animals. Aquafeed is available as the medicated and non-medicated feed. Medicated feed is used for the
Aqua Gym Equipment Market to Witness Huge Growth by 2025 | Leading Key Players: …
A new independent 122 page research with title 'Global Aqua Gym Equipment Market Report 2018 guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America, Europe, Asia-Pacific, Middle East & Africa and important players/vendors such as Aqua-fitness , Aquajogger , Aqua Lung International , Speedo International , Sprint Aquatics , Aquapole With n-number of tables and figures examining the Aqua
Aqua Gym Equipments Market Business Growth Statistics and Key Players Insights: …
The Global Aqua Gym Equipments Market 2018 to 2025 renders deep perception of the key regional market status of the Aqua Gym Equipments Industry on a global level that primarily aims the core regions which comprises of continents like North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). The report on “Global Aqua Gym Equipments Market” is a professional report
Aqua Gym Equipments Market Business Growth Statistics and Key Players Insights: …
The Global Aqua Gym Equipments Market 2018 to 2025 renders deep perception of the key regional market status of the Aqua Gym Equipments Industry on a global level that primarily aims the core regions which comprises of continents like North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). The report on “Global Aqua Gym Equipments Market” is a professional report