Aquaculture Feed Extrusion Market to Continue Impressive Measured Growth through 2031 | Fish Feed Extruder, Heritage Nutrient Limited, Cargill

Aquaculture Feed Extrusion Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Aquaculture Feed Extrusion market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Aquaculture Feed Extrusion market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Aquaculture Feed Extrusion Market reached US$ 40.12 billion in 2022 and is expected to reach US$ 71.55 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.

What is Aquaculture Feed Extrusion Market?

Aquaculture feed extrusion is a process used to produce high-quality, digestible feed pellets for fish and other aquatic species. Through high-pressure and high-temperature extrusion, raw feed ingredients are cooked and shaped into pellets that are water-stable, nutrient-dense, and tailored for specific species' dietary needs. This method enhances the feed's digestibility, minimizes waste in water, and allows for precise control over pellet size and nutrient composition.

Growth Driver

Rising demand for protein-rich diets is driving the growth in fish consumption, projected to reach 21.4 kg per capita by 2029, according to the OECD-FAO. To meet this demand, aquaculture is adopting advanced feed extrusion technologies that provide balanced, nutrient-dense pellets, boosting fish nutrition and productivity.

Key Players:

Profiles of some of the major players in the global Aquaculture Feed Extrusion market, which include Fish Feed Extruder, Heritage Nutrient Limited, Cargill, ADM, Biomar, Skretting, Purina Animal Nutrition LLCs., Marubeni Nisshin Feed co.,ltd., DSM, and Aller Aqua Group.

Industry Development:

In October 2021, BioMar introduced a new 0.35 mm pellet size in its INICIO Plus line, optimized to meet the nutritional needs of the smallest fry and enhance feeding during the early life stages. In August 2021, Nutreco formed a joint venture with Kenya-based Unga Group Plc to address the rising demand for high-quality protein in East Africa. This partnership involves Nutreco-managed ventures with two Unga Group subsidiaries: Unga Farm Care (EA) Limited in Kenya and Unga Millers (U) Limited in Uganda.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Aquaculture Feed Extrusion market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Species: Marine Shrimps, Tilapias, Catfishes, Marine Fishes, Salmons, Freshwater (FW) Crustaceans, Trout's, Others

By Ingredients: Protein, Vitamins & Minerals, Fats, Others

By Feed: Pellets, Flakes, Granules, Sticks, Others

By Distribution Channel: Pet shops, Households, Veterinary Hospitals, Others

By Type: Complete Diets, Treats & Other Complementary Products

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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