The Report "AquaFeed Market by End Consumption (Fish, Crustaceans, Mollusks, Others), by Additives, (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Others), by Geography - Global Trends & Forecasts to 2019" The global aquafeed market is projected to be valued at 89,479.0 MT by 2019 and $123,990.3 million by 2019 at CAGRs of 10.7% and 12.3%, respectively, from 2014 to 2019.
Browse 91 market data tables and 57 figures spread through 153 pages and in-depth TOC on “AquaFeed Market - Global Trends & Forecasts to 2019”
Speak to Analyst for more info on this Report: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1151
The aquafeed market has grown exponentially in the last decade and this growth is expected to continue. Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry, globally. The expanding middle class population, especially in developing nations, and their increasing income are expected to maintain this growth of the aquaculture industry in the long term. Asia-Pacific contributes to around 90% of the global aquaculture production. The main producers are China, India, Vietnam, Philippines, and Japan. China is the largest market for fish in Asia-Pacific region, which is driving the demand for aquafeed particularly in this region. Scientific evidence may help the aquafeed sector gain considerable market share in the future. This would be possible by increasing the investments in R&D and cost management, coupled with information flow for the nutrient requirements of fish.
Aquafeed Market By End Consumption (Fish, Crustaceans, Mollusks, Others), By Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Others) & Geography - Trends & Forecasts To 2019 defines and segments the aquafeed market with an analysis and forecasting of the global values for the market. It also identifies the driving and restraining factors with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the value is forecasted on the basis of major regions, namely North America, Europe, Asia-Pacific, and Rest of the World (RoW).
The aquafeed market includes feed for fish, crustaceans, mollusks, and others. There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans. Aquafeed additives mainly comprise antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. Amino acid is the major source of nutrients and constitutes the largest fish feed additive of animal species (fishes, crustaceans, and mollusks) diets, followed by antibiotics.
Fish dominated the aquafeed market, by animal species, in 2013, with more than half of the market share. The global aquafeed market is projected to be valued at 89,479.0 MT by 2019 and $123,990.3 million by 2019 at CAGRs of 10.7% and 12.3%, respectively, from 2014 to 2019.
Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=1151
Various secondary sources such as encyclopedias, directories, and databases were used to identify and collect information for this extensive commercial study of the aquafeed market. The primary sources experts from related industries and suppliers were interviewed to obtain and verify critical information as well as to assess the future prospects of the aqua feed market.
The key players covered in this report include Alltech Inc. (U.S.), Aller Aqua A/S (Denmark), Beneo Group (Germany), BioMar A/S (Denmark), Biomin GmbH (Austria), Cargill Incorporated (U.S.), Charoen Pokphand Foods Public Company Limited (CPF) (Thailand), Coppens International B.V. (Netherlands), Nutreco N.V. (Netherlands), and Ridley Corporation (Australia).
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252