Fish Feed Market 2024-2028
The fish feed market is forecasted to grow by USD 11969.2 mn during 2023-2028, accelerating at a CAGR of 6.6% during the forecast period. The report on the fish feed 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 rising production of seafood through aquaculture, increasing consumption of aquatic animal foods, and growing household income.
Technavio's fish feed market is segmented as below:
By Product Type
- Pellets
- Extruded
- Powdered
- Liquid
By Type
- Carp
- Tilapia
- Salmon
- Catfish
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the government support as one of the prime reasons driving the fish feed market growth during the next few years. Also, focus on sustainable fish feed and capacity additions will lead to sizable demand in the market.
The report on the fish feed market covers the following areas:
- Fish Feed Market sizing
- Fish Feed Market forecast
- Fish Feed 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 fish feed market vendors that include Aller Aqua AS, Alltech Inc., Bern Aqua NV, BioMar Group, Cargill Inc., Feed One Co. Ltd., Grand Fish Feed, Growel Feeds Pvt. Ltd., HappyFeeds, Heritage Nutrivet Ltd., Hosokawa Alpine Group, Mowi ASA, Skretting, Sneha Group, Specialised Aquatic Feeds, Sreema Feeds, Suhyup Feed, The Scoular Co., World Feeds Ltd, and Zeigler Bros Inc.. Also, the fish feed 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.