Global Aqua Feed Market Growth 2023-2029

Global Aqua Feed Market Growth 2023-2029

Aqua Feed is special collocation food for aquatic animals considering essential nutrients and ingredients.

Aquafeed pellet is made of amount of ingredients in various proportion that are pelleted or extruded to the compound diet, which have good shapes, full gelatinization and high level of protein.

The nutrient components in fish feed mainly consists of protein, starch (sinking aquafeed consists more than 10% and floating aquafeed consists more than 20%), crude fat, raw fiber, crude ash, vitamin and minerals. Protein provides energy and builds muscles. Vitamins and minerals can enhance natural resistance and feed conversion rate. Starch has great gelatinization under high temperature and high humidity conditions. It can improve the stability of aquafeeds and extrusion density of extruded aquafeeds.

LPI (LP Information)' newest research report, the “Aqua Feed Industry Forecast” looks at past sales and reviews total world Aqua Feed sales in 2022, providing a comprehensive analysis by region and market sector of projected Aqua Feed sales for 2023 through 2029. With Aqua Feed sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aqua Feed industry.

This Insight Report provides a comprehensive analysis of the global Aqua Feed landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aqua Feed portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aqua Feed market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aqua Feed and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aqua Feed.

The global Aqua Feed market size is projected to grow from US$ 31160 million in 2022 to US$ 50210 million in 2029; it is expected to grow at a CAGR of 50210 from 2023 to 2029.

Global Aqua Feed key players include Nutreco, Guangdong Haid Group, Tongwei Group, Cargill, etc. Global top four manufacturers hold a share over 20%.

Asia-Pacific is the largest market, with a share over 70%, followed by Europe, and South America, both have a share about 20 percent.

In terms of product,Extruded Feed is the largest segment, with a share over 73%. And in terms of application, the largest application is Fish Feed, followed by Shrimp Feed, Crab Feed, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Aqua Feed market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Extruded

Pelletized

Other

Segmentation by application

Fish Feed

Shrimp and Crab Feed

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Nutreco

Haid Group

Tongwei Group

BioMar

Cargill

CP Group

Evergreen Feed

New Hope Group

Grobest

Yuehai Feed

Ridley

Alpha Feed

Dibaq Aquaculture

DBN

Uni-President Vietnam

Aller Aqua

GreenFeed

Proconco

Avanti Feeds

Gold Coin

Vitapro

Tianma Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aqua Feed market?

What factors are driving Aqua Feed market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aqua Feed market opportunities vary by end market size?

How does Aqua Feed break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.