Global Aquafeeds Market Estimated to grow at CAGR of 11.7% 2013 to 2018

2013-05-21
Published : May-2013

RnRMarketResearch.com adds “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 To 2018” new report on its database.

Fish require energy and essential nutrients for body-maintenance, movement, normal metabolic functions, and growth. Fish can obtain their energy and nutrients from natural food in ponds, from feed supplied by the farmers or from a combination of both the sources. Feed is a major expenditure for fish farmers as it accounts for 40% – 50% of the production cost. The global aquafeeds market is estimated to grow at a CAGR of 11.7% from 2013 to 2018, reaching 82,390.5 KMT by 2018.

The global aquafeeds 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.

Request a Sample Copy @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=96930

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).

Buy a Report Copy @ http://www.rnrmarketresearch.com/contacts/purchase?rname=96930

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.)

On the basis of Geography

North America, Europe, Asia-Pacific, ROW

Filed in: Agribusiness, Food & Beverage
Tags: 
More Reports
Title Price Buy Now

Compound Feed Market by Ingredient (Cereals, Cakes & Meals, By-products, and Supplements), Form (Mash, Pellets, and Crumbles), Livestock (Ruminants, Poultry, Swine, and Aquaculture), Source (Plant-based & Animal-based) & Region – Global Forecast to 2027

“The compound feed market is projected to grow at a CAGR of 4.2% during the forecast period.” According to MarketsandMarkets, the global compound feed market is estimated to be valued at USD 521.3 billion in 2022. It is projected to reach USD 641.2 billion by 2027, with a CAGR of 4.2%, in terms of value between 2022 and 2027. The market is gaining momentum with increasing demand for providing more nutritious food to livestock to optimize livestock productivity. Additionally, the need for high-quality meat & dairy results in the need for compound feed. Key players have been investing significantly in R&D to cater to changing consumer preferences and reduce production costs. “By ingredients, the cereal segment occupies the highest market share during the forecast perio......
 $4950

Feed Preservatives Market by Type (Feed Acidifiers, Mold Inhibitors, Feed Antioxidants, Anticaking Agents), Livestock (Poultry, Cattle, Swine, Aquaculture), Feed Type (Compound Feed, Feed Premix, Feed Meal, Silage), and Region – Global Forecast to 2027

“The feed preservatives market is projected to grow at a CAGR of 6.7% during the forecast period.” According to MarketsandMarkets, the feed preservatives market was valued at USD 4.5 billion in 2021 and it is projected to reach USD 6.7 billion by 2027, with a CAGR of 6.7%, in terms of value. Feed additives are non-nutritive products added to the basic feed mix. The increasing meat consumption is growing steadily in the global market. The key players are strengthening their livestock sectors by integrating their feed business operations to the end of the supply chain. Some of the other factors which contribute to the growth of the market are the growing application of livestock in the food industry, the increasing need for natural preservatives, etc. “By type, the anticaking age......
 $4950

Farm Equipment Market by Tractor Power Output (< 30, 31-70, 71-130, 131-250, >250HP), Tractor Drive Type, Autonomous Tractor, Electric Tractor (Hybrid, Electric), Farm Equipment (Combine, Baler, Sprayer), Implement, Rental & Region – Global Forecast to 2027

“Government support with farm loan waivers/ credit finance and OEM/sales incentives to support dealer service and rental operations are expected to drive the farm equipment market during the forecast period.” The global farm equipment market is projected to grow from USD 99.4 Billion in 2021 to USD 126.0 Billion by 2027, at a CAGR of 4.0% during the forecast period. There has been a significant increase in farm equipment production over the years. However, in 2020, factors like COVID-19, limited supply of farm equipment parts, drop in the first half of new tractor sales, the shutdown of production facilities, and a decline in working capital, resulted in the decline in global farm equipment production. However, manufacturing facilities, opening of international borders, and gover......
 $4950

Vertical Farming Market with COVID-19 Impact Analysis by Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), Structure (Building-based vertical farm and Shipping container-based vertical farm), Crop Type, Offering, & Region – Global Forecast to 2026

The Vertical Farming market is expected to grow from USD 3.1 billion in 2021 to USD 9.7 billion by 2026; it is expected to grow at a CAGR of 25.0% during the forecast period. The major driving factors for the growth of the vertical farming market include high yield associated with vertical farming over conventional farming, year-round crop production irrespective of weather condition, advancements in light-emitting diode (LED) technology and requirement of minimum resources. Hydroponics growth mechanism Segment to dominate vertical farming market during forecast period The hydroponics growth mechanism is used widely by commercial growers. It is easier to set up, costs less than other mechanisms, and has a higher return on investments (ROI). Comparing the investments required to set u......
 $4950

Agricultural Pheromones Market by Crop Type (Fruits & Nuts, Field Crops, & Vegetable Crops), Function (Mating Disruption, Mass Trapping, Detection & Monitoring), Mode of Application (Dispensers, Traps, & Sprays), Type, and Region – Global Forecast to 2026

“The agricultural pheromones market is projected to grow at a CAGR of 16.1% during the forecast period.” The global agricultural pheromones market is estimated to be valued at USD 2.9 billion in 2021 and is projected to grow at a CAGR of 16.1% to reach USD 6.1 billion by 2026.Increasing demand for high-value crops, such as organic fruits & vegetables and organic commodities among consumers, is projected to spur the pheromones market over the forecast period. Nowadays, consumers are conscious of the safety and nutritional value of the food they are consuming, thereby transforming the implementation of pest management programs and the utilization of pesticides. Farmers are employing environment-friendly and sustainable initiatives to decrease the usage of traditional pesticides th......
 $5650

Plant Factory Market by Growing System (Soil-based, Non-soil-based, and Hybrid), Facility Type (Greenhouses, Indoor Farms, Other Facility Types), Light Type, Crop Type (Vegetables, Fruits, Flowers & Ornamentals), and Region – Global Forecast to 2026

“The plant factory market is projected to grow at a CAGR of 7.2% during the forecast period.” According to MarketsandMarkets, the global plant factory market size is estimated to be valued at USD 121.8 billion in 2021 and projected to reach USD 172.5 billion by 2026, recording a CAGR of 7.2% during the forecast period One of the major drivers is that it provides higher yield compared to traditional agricultural techniques, owing to the increase in harvest cycles. “By facility type, greenhouses are projected to dominate the market during the forecast period.” Greenhouses are high-tech structures dedicated to the cultivation of plants, particularly vegetables, flowers, and fruits. Environmental elements such as temperature, light exposure, irrigation, fertilization, humidity......
 $5650

Hybrid Seeds Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, and Vegetables), Key Crop (Corn, Rice, Soybean, Cotton, Canola, Tomato, Hot pepper, Cucumber, Watermelon), Cultivation Type, and Region – Global Forecast to 2026

Rising demand for organic food products supports the growth of the hybrid seeds market. The global hybrid seed market size is estimated to be valued at USD 25.2 billion in 2021 and is projected to reach USD 34.9 billion by 2026, recording a CAGR of 6.7%. Factors such as increasing application of cereals & grains in the feed, food, and biofuels industry alongside growing technological advancements such as the adoption of hybridization and are propelling the growth of the hybrid seeds industry. The recent COVID-19 pandemic is expected to impact the global seeds industry. The outbreak of COVID-19 has widespread implications on all the commodity markets, including seeds.  North American seed market includes some of the key countries in global seed market such as US, Canada, and Mexi......
 $4950

Insect Repellent Active Ingredients Market by Type (DEET, Picaridin, IR 3535, P-Methane3,8 DIOL, DEPA), Concentration (Less than 10%, 10% to 50%, More Than 50%), Insect Type (Mosquitoes, Bugs, Ticks, Flies), End Application – Global Forecast to 2026

 “The insect repellent active ingredients market is projected to grow at a CAGR of 9.0% during the forecast period.” According to MarketsandMarkets, the insect repellent active ingredients market is estimated to be valued at USD 884 million in 2021 and is projected to reach USD 1,361 million by 2026, recording a CAGR of 9.0%, in terms of value. The market is primarily driven by factors such as increasing demand and consumption of insect repellent products globally. North American region accounted for largest the market share in the insect repellent active ingredients market owing to the presence of households and livestock population and their growth. However, one of the restraining factors in the growth of the insect repellent active ingredients market is the straight rules and re......
 $5650

Molluscicides Market by Type (Chemical [Metaldehyde, Methiocarb, Ferric Phosphate] And Biological Molluscicides), Application (Agricultural and Non-Agricultural), Form (Pellets, and Liquid & Gel), and Region – Global Trends & Forecast to 2026

“The molluscicides market is projected to grow at a CAGR of 8.5%.”  The molluscicides market is estimated at USD 711 million in 2021 and is projected to reach USD 909 million by 2026. It is projected to grow at a CAGR of 8.5% from 2021 to 2026. The market is primarily driven the increased commercial production of horticulture crops such as fruits, vegetables, herbs, and nuts in recent years. The demand for such crops of refined and varied characteristics has been increasing worldwide, thereby increasing the market for molluscicides products. Molluscicide resistance is the natural ability of mollusks to survive exposure to strong active chemicals due to genetic modification and exhibit low susceptibility levels. Attaining this is the major challenge faced by the molluscicides ind......
 $4950

Feed Premix Market by Ingredient Type (Vitamins, Minerals, Amino Acids, Antibiotics, Antioxidants), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Equine, and Pets), Form (Dry and Liquid), and Region – Global Forecast to 2026

The rise in demand and consumption of livestock based products is one of the major driving factors for the Feed premix market.” The global feed premix size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to the increasing demand and consumption of livestock-based products. Although the regional network to reach customers (such as compound feed mixers and integrators) is established through distributors, the feed premix market has been moving toward a more service-based offering gaining popularity in the market. The distribution of premixes without damage to the nutrient quality requires effective packaging systems and a s......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy