The new report by Future Market Insights titled “Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to grow at a CAGR of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.
APEJ has been leading the global consumption of aquafeed for the last 10-20 years with an average per capita production of nearly 53% of the entire global production in million metric tonnes over the period.
Increasing global population: A rapid increase in the global population and a subsequent rise in the consumption of food demands modern and advanced technologies as well as sonar equipment, leading to an over-exploitation of marine species and marine resources to meet the expanding consumer demands.
Request a report sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-4540
A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt. In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is expected to reach almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a CAGR of 5.6% in terms of volume during the decadal study 2017 – 2027.
Competitive landscape
The report profiles some of the top companies operating in the global aquafeed market including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in developed and emerging economies are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.
Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-4540
Market segmentation is the first step in our detailed analysis of the market
For ease of reader convenience, we have segmented the global aquafeed market into the following categories.
By Species
- Crustaceans
- Fish
- Others
By Form
- Extruded
- Powder
- Liquid
- Pellets
By Function
- Health
- Digestion
- Palatability
- Special Nutrition
By Ingredients
- Marine
- Land Animal
- Veg/Grain
- Carotenoid
- Nutrients
- Others
By Sales Channel
- Direct Sales
- Indirect Sales
- Hypermarket
- Supermarket
- Wholesalers
- Speciality Stores
- Online
- Other Retail Formats
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/4540
Table Of Content
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Parent Market Overview
3. Market Dynamics
3.1. Macroeconomic Factors
3.2. Forecast Factors – Relevance and Impact
4. Global Historical Market Analysis 2012–2016 and Forecast Assumptions 2017–2027
5. Global Aquafeed Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Form
6. Global Aquafeed Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Species
7. Global Aquafeed Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Ingredients