Aquafeeds Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Aquafeeds Market is expected to grow at a significant CAGR in the period from 2022 to 2028. Over the projection period, the sector is expected to develop due to rising direct human consumption of seafood and rising demand for aqua products. The market is expected to be driven by rising demand for animal by-products in feed applications, such as fish meals, shrimp meals, and squid meals, particularly in Asia Pacific’s emerging economies, such as India, China, and Vietnam. Furthermore, gradual scientific developments in feed formulation might be ascribed to expansion in developed economies. These reasons have boosted the need for aquafeed on a massive scale. When compared to other types of meat, such as beef and chicken, fish has a low-fat level. Furthermore, because fish is a great source of proteins and vitamins, it is predominantly consumed by humans. Fish consumption has risen as a result of a number of causes, including the increased availability of a variety of fish in the retail market and consumers’ taste for a diversity of flavors. The aforementioned factors have boosted demand for fish and fish products, which is expected to propel the market forward.

Company Profile

• NUTRIAD
• ALLER AQUA A/S
• BIOMIN
• BIOMAR
• NOREL ANIMAL NUTRITION
• AVANTI FEEDS LIMITED
• DE HEUS ANIMAL NUTRITION B.V
• NOVUS INTERNATIONAL
• BIOSTADT INDIA LIMITED
• NK INGREDIENTS PTE LTD.

Market Segmentation

By Form

• Dry
• Wet
• Moist
• Others

By Aquafeed Ingredient

• Animal By-product
• Grain By-Product
• Oils & Fats
• Additives

By Application

• Carp
• Rainbow Trout
• Salmon
• Crustaceans
• Tilapia
• Catfish

Scope of the Report

The research study analyzes the Aquafeeds Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Aquafeeds Market Report

1. What was the Aquafeeds Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Aquafeeds Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Aquafeeds Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.