Aquaculture Feed Market to grow by USD 21.68 bn from 2020 to 2025 | Fish Feed Segment to be Significant for Revenue Generation | 17000+ Technavio Reports

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NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The aquaculture feed market share growth by the fish feed segment will be significant for revenue generation. The rising production of aquaculture products, such as fish, and the increasing investments in the development of new fisheries worldwide are the major factors that will drive the growth of the fish feed product segment. The aquaculture feed market is set to grow by USD 21.68 billion from 2020 to 2025. The report projects the market to progress at a CAGR of 6.92%. In addition, the report offers a detailed analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

Attractive Opportunities in Aquaculture Feed Market by Product and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Aquaculture Feed Market by Product and Geography - Forecast and Analysis 2021-2025

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Aquaculture Feed Market: Driver

Increasing number of new product launches featuring innovative ingredients to drive growth

The growth of the global aquaculture feed market is being driven by the increasing number of new product launches featuring innovative ingredients. Both regional and global vendors are focusing on the usage of healthier oils and other raw materials while manufacturing their aquaculture feed products.

Aquaculture Feed Market: Challenge

Instability in the prices of aquaculture feed ingredients and additives to impede growth

The instability in the prices of aquaculture feed ingredients and additives will be a major challenge for the aquaculture feed market. Soybean, corn, fish meal, fish oil, rice, wheat, and others are some of the most commonly used ingredients for aquaculture feed. The prices of these ingredients have been witnessing a high degree of instability for the past few years, which, in turn, has been adversely impacting the prices of aquaculture feed globally.

Aquaculture Feed Market: Segmentation Analysis

This market research report segments the aquaculture feed market by Product (fish feed, mollusk feed, crustacean feed, and other aquaculture feed) and Geography (APAC, Europe, North America, South America, and MEA).

42% of the market's growth will originate from APAC. China, Vietnam, and India are the key markets for aquaculture feed in APAC. Market growth in this region will be faster than the growth of the market in the North American and MEA regions.

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Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Competitive scenario

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Aquaculture Feed Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.92%

Market growth 2021-2025

USD 21.68 billion

Market structure

Fragmented

YoY growth (%)

6.23

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 42%

Key consumer countries

China, Norway, US, Vietnam, India, and Spain

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aller Aqua AS, Alltech Inc., Archer Daniels Midland Co., Avanti Feeds Ltd., BRF SA, Cargill Inc., Charoen Pokphand Foods PCL, Land O Lakes Inc., Nutreco NV, and Schouw and Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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