Press release
Aquafeed Extrusion Market Trends: Meeting the Growing Demand for Protein By 2031 | Most Leading Companies - Fish Feed Extruder, Heritage Nutrient Limited, Cargill, ADM, Biomar, Skretting, Purina Animal Nutrition LLC
Global Aquaculture Feed Extrusion Market reached US$ 40.12 billion in 2022 and is expected to reach US$ 71.55 billion by 2030, growing with a CAGR of 7.5% during the forecast period 2024-2031.Aquaculture Feed Extrusion Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Aquaculture feed extrusion is a process used to manufacture high-quality fish and shrimp feed by subjecting raw ingredients to heat, pressure, and mechanical shear in an extruder. This method enhances feed digestibility, improves nutrient absorption, and allows for the production of floating, slow-sinking, and sinking pellets, optimizing feed efficiency and reducing waste in aquaculture farming.
List of the Key Players in the Aquaculture Feed Extrusion Market:
Fish Feed Extruder, Heritage Nutrient Limited, Cargill, ADM, Biomar, Skretting, Purina Animal Nutrition LLC., Marubeni Nisshin Feed co.,ltd., DSM, and Aller Aqua Group.
Industry Development:
In October 2021, BioMar expanded its INICIO Plus product line by introducing a new pellet size with a 0.35 mm diameter. Designed to meet the nutritional needs of the smallest fry, these pellets provide an enhanced feeding experience during the earliest stages of development.
In August 2021, Nutreco formed a joint venture with Kenya-based Unga Group Plc to address the increasing demand for high-quality protein in East Africa. This collaboration includes open-ended, Nutreco-managed partnerships with two of Unga Group's subsidiaries: Unga Farm Care (EA) Limited in Kenya and Unga Millers (U) Limited in Uganda.
Growth Forecast Projected:
The Global Aquaculture Feed Extrusion Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Aquaculture Feed Extrusion Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Aquaculture Feed Extrusion Market:
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 Analysis for Aquaculture Feed Extrusion Market:
The regional analysis of the Aquaculture Feed Extrusion Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Aquaculture Feed Extrusion market?
➠ Who are the leading manufacturers in the global Aquaculture Feed Extrusion industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Aquaculture Feed Extrusion industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Aquaculture Feed Extrusion market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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