Aqua feed Market By End Consumption (Fish, Crustaceans, Mollusks,
Others), By Additives, (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed
Enzymes, Feed Acidifiers, Others), By Geography: Global Trends & Forecasts
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Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Others), By
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The global aqua feeds market has grown exponentially in the last few years and a similar trend is expected to follow for the next 5-7 years. Leading companies are focusing on launching of new products for expansion of the business in local as well as foreign market. Investment and expansion is the second most preferred growth strategy after new product launches.
Asia-Pacific and Europe are the leading consumers of Aquafeeds-together accounting for more than 70% of the consumption on a global scale. Asia-Pacific is estimated to be the fastest growing region in terms of revenue. Growth is particularly high in countries such as China, Japan, Indonesia, and Ecuador. Fish accounts for the maximum consumption of aquafeeds. The feed composition of most of the fish consists for fish meal, soybean meal, and fish oil. Recently, the use of rice, wheat, and corn-based products has also become common. There is no major difference between feed composition of fish and crustaceans. The mollusks feed consists primarily of algae.
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The global Aquafeeds market is driven by many factors such as growth in Aquaculture industry, increased consumption of fish and sea food, flexibility in use of secondary raw materials, and increasing income of expanding middle class in developing nations. The main obstacles in the growth of global Aquafeeds market are the rising cost of raw materials and strict regulatory structure. Other reason, which is restricting the farmers from switching to the Aquafeeds, is the high cost.
We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of Aquafeeds market. The primary sources - experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of Aquafeeds.
To capitalize on the growth trend in the global Aquafeeds market, several leading animal feed companies are making efforts towards research & development and manufacturing of Aqaufeeds. Furthermore, animal feed companies are gradually expanding their product offerings within this product line to meet the growing demand for Aquafeeds. We have profiled leading players which operate within this industry, and have presented an overview of their recent developments and other strategic initiatives. Some of these companies include: Nutreco N.V. (The Netherlands), Norel Animal Nutrition (Spain), BioMar Group (Denmark), Dibaq Acuicultura (Spain), Aller Aqua (Denmark), and Ridley Corporation Limited (Australia).
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Scope of the
report
This research
report categorizes the global market for Aquafeeds on the basis of End
Consumption, Additives, geography; forecasting revenue and analyzing trends in
each of the submarkets:
On the basis of
End Consumption
- Fish (Carp, Salmon, Tilapia, Catfish, Others)
- Crustaceans (Shrimps, Crabs, Others)
- Mollusks (Oyster, Mussel, Others)
- Others
On the basis of
Additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed enzymes
- Feed Acidifiers
- Others (pellet binders, colorants, emulsifiers, hormones etc.)
Table of Contents
1 Introduction
1.1 Key Take-Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Key Data Points Taken From Secondary Sources
1.5.3 Key Data Points Taken From Primary Sources
1.5.4 Assumptions
1.5.5 Key Questions Answered
2 Executive Summary
3 Premium Insights – Global Aquafeed Market
3.1 New Products Launch & Collaborations: Most Prefered Strategic Approach
3.2 Maximum Development In 2011
4 Market Overview
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