Press release
Feed Grade Shrimp Meal Market Report | Industry Trends & Forecast 2024
Feed Grade Shrimp Meal MarketShrimp powder is a small granular or fibrous substance made from shrimp meat or shrimp skin, which is heated or dried by microwave and then ground. Shrimp powder is usually added to the main ingredient as a sub-material to increase a certain fish luring effect.
According to new survey, global Feed Grade Shrimp Meal market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029.
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Key manufacturers engaged in the Feed Grade Shrimp Meal industry include Aker BioMarine (QRILL Aqua), Krill Canada Corporation, SipCarp, RIMFROST, Shandong Luhua Marine Biology, Qingdao Kangjing Marine Life, Beijing Jinye Biotechnology and Interrybflot, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Feed Grade Shrimp Meal production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Feed Grade Shrimp Meal were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Feed Grade Shrimp Meal market and estimated to attract more attentions from industry insiders and investors.
By Type
• Skim type
• Non-skimmed type
By Application
• Skim type
• Non-skimmed type
Key Companies
Aker BioMarine (QRILL Aqua), Krill Canada Corporation, SipCarp, RIMFROST, Shandong Luhua Marine Biology, Qingdao Kangjing Marine Life, Beijing Jinye Biotechnology, Interrybflot
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