openPR Logo
Press release

Aqua Feed Market - Global Industry Analysis 2019

Food for fishes, which has been manufactured commercially through various industrial processes, is generally termed as aqua feed. Aqua feed is commonly available in the form of pellets which contain vital ingredients for fish administered externally. These pellets vary in size depending on the species to be fed. Additionally, properties of these feeds can be altered so that they can float on the surface of the water or sink to the bottom of the tanks where fish are reared. Furthermore, the content of various nutrients in the feed can be controlled which has led to the growth and increase in popularity for the aqua feed industry over the past few years. They are made for aquatic species such as fish, crustaceans and mollusks.

Download exclusive Sample of this report:

Fish cultivated on farms which feed on pests found on crops are also classified under the aqua feed market segment. Growth of the aquaculture market due to high demand for fish in food and non-food applications is one of the key factors expected to drive the demand for aqua feed during the forecast period. Furthermore, growing human consumption of fish is likely to boost the demand for aquaculture, thereby driving the demand for aqua feed. However, price volatility of raw materials such as fish oil and fish meal is anticipated to hamper the growth of the market. Rise in demand for conventional and functional aqua feed in China and Rest of Asia is expected to provide new opportunities for the growth of the market within the forecast period.

Demand for aqua feeds was the highest in carps accounting for over 25% of the market share in 2012. Carps are expected to be one of the fastest growing species owing to their compatibility in less than ideal environmental conditions. Mollusks were the second largest end-users in the aqua feed industry and are expected to experience above-average growth during the forecast period owing to a rise in consumer awareness about its health benefits. Rising consumer demand for carps and crustaceans, on account of key factors such as changing food habits, changing lifestyles and rise in disposable income. Carps and crustaceans are expected to witness the highest growth within the aqua feed market over the next few years.

Demand for aqua feed was highest from Asia Pacific in 2012, accounting for over 65% of the global demand, followed by Europe and North America. Asia Pacific is expected to dominate the aqua feed industry over the next few years owing to significant growth in the aquaculture industry due to certain parameters such as ease of availability of natural resources, induced conditions for aquaculture and cheap labor. Asia Pacific is likely to witness the fastest growth during the forecast period on account of a rise in demand from regional markets and favorable climatic conditions. Demand for aqua feed is expected to grow significantly from regions present in Rest of the World, on account of growing aquaculture activities in this region within the forecast period. Furthermore, favorable regulations and rules are being established by various national governments for aquaculture and its related activities, which in turn are expected to boost the global market for aqua feed over the next few years.

Some of the leading aqua feed manufacturers include Alltech Inc., Aller Aqua A/S, Avanti Feeds Ltd., Beneo GmbH, BioMar A/S, Cargill Incorporated, Cermaq ASA and Dibaq Aquaculture among others. In addition, the aqua feed market is highly fragmented in nature due to the presence of several medium and small scale aqua feed manufacturers on a global as well as regional level.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

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 Aqua Feed Market - Global Industry Analysis 2019 here

News-ID: 416109 • Views: 361

More Releases from Transparency Market Research

Aramid Fiber Market to Set Phenomenal Growth by 2023
The global aramid fiber market depicts a highly fragmented vendor landscape, says Transparency Market Research on the basis of a recently published report. Such fragmentation has given rise to an intense level of competition to exist, mainly due to the presence of innumerable players. Most businesses operating in the global aramid fiber market are focusing on improving product quality, expanding geographical reach, and regulating material prices. Report Overview: A briskly rising production
Probiotic Cosmetic Products Market to Reflect Impressive Growth Rate by 2028
Probiotic Cosmetic Products Market: Overview The probiotic cosmetic products market may record moderate growth across the forecast period of 2019-2028 significantly due to the rise in popularity of probiotics as a prime ingredient in cosmetic products. Probiotics are live bacteria that yield a positive impact on the skin and the digestive system. Probiotics are effective on skin and are known for their calming effects. Growing awareness about personal appearance, health, and
Potassium Permanganate Market to Witness an Outstanding Growth by 2023
The global market for potassium permanganate has witnessed the emergence of a number of small, medium, and large scale players in recent times. The wide applicability of potassium permanganate across a wide array of industries is the driving force behind the entry of several new players in the market. The market players are expected to concentrate on innovating their approach towards marketing the products in order to gain a larger
Molded Fiber Clamshell and Container Market will be valued at US$ 2.7 Bn By 2022
Among a slew of end-use industries, food and beverage packaging is likely to contribute substantially to the growth of molded fiber clamshell and container market, says Transparency Market Research (TMR) in one of its research reports. Consumer electronics and consumer durables is expected to be another key contributor to the growth of molded fiber clamshell and container market, finds TMR. Serving such lucrative end-use industries, this validates predicted stellar growth of

All 5 Releases

More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the