Aquafeed Market Size Global Projections, Industry Analysis, Size, Share 2019 Report
Aquafeed is any feed for aquatic organisms as a part of aquaculture. Aquaculture has grown at an impressive rate over the past decades and offers a wide variety of nutritional, growth-promoting and immune-resistant benefits to the farmed aquatic animals. Increasing growth of aquaculture is one of the major factors driving the market of aquafeed. Aquafeed is produced in two forms which include pressure-pelleted feed and extruded bits. Culture of aquatic animals especially fish culture has undergone a dramatic growth worldwide in the last few years.
The regions covered in this Global Aquafeed Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of aquafeed is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players–
Global Aquafeed market Report covers prominent players are like Cargill (U.S.), Alltech, Ridley Corporation Ltd., Nutreco N.V. and Avanti Feeds Ltd., Biostadt India Ltd., Nutriad, Aller Aqua A/S, BioMar, BIOMIN Holding GmbH, Norel Animal Nutrition, De Heus Animal Nutrition and others.
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Increasing Awareness Regarding the Quality of Seafood Products Among Consumers is the Key Factor Driving the Market Growth.
Animal nutrition focuses on studying the nutritional needs of the animals. Seaweeds contain valuable amino acids and fatty acids, including omega-3 and omega-6 polyunsaturated fatty acids, marine oils. They also contain minerals, vitamins and anti-oxidants as well as being rich in dietary fiber but low in starchy carbohydrates, thereby providing less glycemic load than ingredients derived from grains. These nutritive needs consist of nutrients, which are the components present in the feed that animals can digest and utilize. Hence, once feeding a diet, it is important to first test its nutrient content.
Asia Pacific is Expected to Dominate the Global Aquafeed Market
Geographically, the opportunities available in the global Aqua feed market in the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Globally, the aquafeed market has witnessed an exponential growth owing to the factors such as growing consumption of sea food and growth of aquaculture industry as a whole. USA, China, Brazil and India are the leading aqua feed producers across the world. Asia Pacific is the largest market for aquafeed consumption, contribution over 70% of the overall consumption. Within Asia Pacific, China is one of the leading consumers and producers of the aquafeed.
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Key Benefits for Market Report–
- Global market report covers in depth historical and forecast analysis.
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