Exhibiting a CAGR of ~11%, the global fish feed market is slated for impressive growth between 2020 and 2030. Fish feed manufacturers are continuously driven towards increasing their production capacity by building state of art facilities at their sites to improve the quality and efficacy of their fish feed and boost the species performance and digestibility. Though, subjected to squeezed cash flow, likely Greenfield announcements are on hold and brownfield expansion may resume by the end of next quarter.
The cultivation of newly found species and their increasing applications in the feed industry is are key factors enabling growth in the fish feed market. New aquatic life, which are richer in protein and nutrient content, are gaining popularity as substitutes for older aquatic products. The rising demand for better and effective substitutes will spur the growth in the fish feed market.
The increasing frequency of disease outbreak in the last few years is adversely affecting production of major aquaculture species, including tilapia and shrimp. To contain this and ensure uninterrupted production, businesses will extensively invest in research and development activities. Such initiatives are likely to have positive impact on the overall market.
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The rising demand for organic food will also give impetus to the market. Driven by prevailing market forces, companies are likely to focus on “organic” certification. This is a key trend to look forward to in the fish feed market.
Market Segmentation
Product Type
- Plant Based
- Fish & Fish Products
- Microorganism
Form
- Pellet
- Granules
- Flakes
- Sticks
- Powder
End Use Application
- Commercial
- Household
Distribution Channel
- B2B
- B2C
- Store based
- Online retail
Region
- North America
- Latin America
- Europe
- APEJ
- Japan
- Oceania
- MEA
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Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Consumer Behaviour and Attitude Measurement
3.1. Brand Mapping – Awareness to the level Needed
3.2. Product Claims & Nutritional Information Scan by Buyers
3.3. Quest for quality: Organic is the new demand
3.4. Mode of brand awareness | Impact of promotional activities
3.5. Consumer Social Sentimental Analysis
4. Product Launch Track & Trends
4.1. Key Product Launches in last three years
4.2. Product launch frequency
4.3. Type of launches
4.4. Regions and countries in focus
4.5. Available alternatives
4.6. Channel presence and Likely impact
5. Production, Supply and Trade Analysis