Aquatic Feed Ingredients And Products Market 2024-2028
The aquatic feed ingredients and products market is forecasted to grow by USD 4728 bn during 2023-2028, accelerating at a CAGR of 5.8% during the forecast period. The report on the aquatic feed ingredients and products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in production of nutrient-rich, aquatic-based food, growing aquaculture production and consumption worldwide, and rising influence of compound aquatic feed and evolution of feed equipment.
Technavio's aquatic feed ingredients and products market is segmented as below:
- By Type
- Fishes
- Crustaceans
- Others
- By Product
- Soybean
- Fish meal and fish oil
- Corn/maize
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing technological advancement as one of the prime reasons driving the aquatic feed ingredients and products market growth during the next few years. Also, rising usage of high-standard raw materials to achieve better-quality products and growing demand for feed enzymes will lead to sizable demand in the market.
The report on the aquatic feed ingredients and products market covers the following areas:
- Aquatic feed ingredients and products market sizing
- Aquatic feed ingredients and products market forecast
- Aquatic feed ingredients and products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aquatic feed ingredients and products market vendors that include Adisseo Co., Aller Aqua AS, Alltech Inc., Archer Daniels Midland Co., Beneo GmbH, Bentoli, BioMar Group, Cargill Inc., Darling Ingredients Inc., ESSECO Srl, IB Group, Kemin Industries Inc., Koninklijke DSM NV, Krill Canada Corp., Novus International Inc., Nutreco N.V., Ridley Corp. Ltd., Uniscope Inc., UNO FEEDS, and VST LLC dba Prairie Aquatech. Also, the aquatic feed ingredients and products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.