Sinking Fish Feed Market, By Fish Species (Salmon, Tilapia, Catfish, Carp, Trout, Shrimp, Others (Bass, Bream, Pangasius, etc.)), By Ingredient Type (Fishmeal, Fish Oil, Plant-based Proteins (Soybean Meal, Corn Gluten Meal, etc.), Insect Proteins, Single-cell Proteins, Microbial Proteins, Others (Animal-based Proteins, Byproducts, etc.)), By Form (Extruded Pellets, Floating Pellets, Slow-sinking Pellets, Sinking Pellets), By Nutrient Content (High Protein, High Energy, Balanced Nutrition, Specialty Formulations (Growth-enhancing, Immunity-boosting, etc.)), By End-use Application (Commercial Aquaculture, Small-scale Aquaculture, Household Fish Farms), By Distribution Channel (Direct Sales (Feed Manufacturers, Distributors), Retail Sales (Pet Stores, Aquaculture Supply Stores), Online Sales), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The term "sinking fish feed" describes a particular kind of food made to sink in water and meet the dietary requirements of fish species that typically feed near the bottom of the water column. It supports the aquaculture industry's objective of creating sustainable and high-quality seafood products by providing vital nutrients for the growth, health, and development of farmed fish. Solid feed pellets, called sinking feeds, are immersed when applied. A sinking pellet won't dissolve and will remain solid in water for several hours. A sinking meal really has a density higher than water (1 g/cm3).
Market Dynamics:
Increasing demand for seafood worldwide will continue to fuel growth of the global sinking fish feed market over the forecast period. The consumption of seafood has increased as a result of the expanding world population and growing knowledge of the nutritional advantages of seafood. The development of the aquaculture sector will also continue to fuel growth of the global sinking fish feed market over the forecast period. To fulfill the growing demand, aquaculture has emerged as a crucial supplier of fish and seafood. Sustainable and substitute feed components will create new opportunities for the global sinking fish feed market over the forecast period. The aquaculture sector's increased focus on sustainability offers a chance to investigate substitute feed sources.
The scarcity of substitute protein sources is expected to hamper growth of the global sinking fish feed market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global sinking fish feed market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global sinking fish feed market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cargill Aqua Nutrition, Skretting (Nutreco), Biomar, Alltech, Ridley Corporation Limited, CP Group, Charoen Pokphand Foods (CPF), Nutriad International, BioMar Group, Nutra Blend LLC, Guangdong Haid Group Co., Ltd., Tongwei Group, Avanti Feeds Limited, Nutrivet, BRF S.A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global sinking fish feed market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sinking fish feed market
Detailed Segmentation:
Global Sinking Fish Feed Market, By Fish Species:
Salmon
Tilapia
Catfish
Carp
Trout
Shrimp
Others (Bass, Bream, Pangasius, etc.)
Global Sinking Fish Feed Market, By Ingredient Type: