Data Bridge Market Research analyses that the Fishmeal for Aquafeed market is expected to reach at a CAGR of 7.60% during the forecast period. The global fishmeal for aquafeed market value which was USD 106.96 billion in 2021, would stand tall by USD 192.18 billion by 2029. Fish consumption is increasing faster than the world population, thanks to rising affluence and urbanisation. “Fish” dominates the species market segment owing to the increasing fish consumption. The fishmeal for aquafeed market report also covers pricing analysis, patent analysis, and technological advancements in depth.    

Market Definition  

Aquafeeds are compounded meals made from a variety of raw ingredients and additives for aquatic animals. These blends are made to meet the specific needs of the animal's species and age. Aquafeed's nutritional, immune-resistance, and growth-promoting characteristics have made it indispensable in the aquaculture business. Due to its balanced and need-specific composition, high quality aquafeed is exponentially more helpful to fish, mollusks, crustaceans, and other aquatic species than farm-made feed.

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Recent Development

  • In February 2020, Aller Aqua A/S announced the launch of a new line of practical aquafeeds that include elements that aid the fish development and survival.  

 

Global Fishmeal for Aquafeed Market Scope

The fishmeal for aquafeed market is segmented on the basis of species, lifecycle, and form. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Species

  • Fish
  • Crustaceans
  • Mollusks

On the basis of species, the fishmeal for aquafeed market has been segmented into fish, crustaceans, mollusks.

Lifecycle

  • Starter Feed
  • Grower Feed
  • Finisher Feed
  • Brooder Feed

On the basis of lifecycle, the fishmeal for aquafeed market is segmented into starter feed, grower feed, finisher feed, brooder feed.

Form 

  • Dry
  • Wet
  • Moist

On the basis of form, the fishmeal for aquafeed market is segmented into dry, wet, moist.

Fishmeal for Aquafeed Market Share Analysis

The fishmeal for aquafeed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fishmeal for aquafeed market.

Some of the major players operating in the fishmeal for aquafeed market are:

  • Cargill, Incorporated (US)
  • ADM (US)
  • Alltech (US)
  • Purina Mills (US)
  • Nutreco N.V. (Netherlands)
  • Ridley Corporation Limited (Australia)
  • Adisseo (China)
  • Aller Aqua Group (Denmark)
  • BIOMIN (EMEA)
  • INVE Aquaculture  (Belgium)
  • Charoen Pokphand Group Company, Ltd. (Thailand)
  • hanpel (South Korea)
  • Coppens International B.V. (Netherlands)
  • BioMar Group (Denmark)
  • LifeCircle Nutrition AG (Switzerland)
  • Kent Nutrition Group (US)
  • Sonac (US)
  • Growel Feeds Pvt Ltd (India)
  • Japfa Ltd (Singapore)
  • Marvesa Oils & Fats B.V. (Netherlands)
  • Marubeni Nisshin Feed Co.,Ltd. (Japan)
  • Novus International (US)

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Fishmeal for Aquafeed Market Regional Analysis/Insights

The fishmeal for aquafeed market is analysed and market size insights and trends are provided by country, species, lifecycle, and form as referenced above.

The countries covered in the fishmeal for aquafeed market report are

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the fishmeal for aquafeed market due to the rise in the consumption of fish and seafood. Furthermore, the increasing disposable income of middle class will further boost the growth of the fishmeal for aquafeed market in the region during the forecast period.

Asia-Pacific is projected to observe significant amount of growth in the fishmeal for aquafeed market due to the rise in the aquaculture. Moreover, the increasing demand for seafood is further anticipated to propel the growth of the fishmeal for aquafeed market in the region in the coming years.

Key questions answered in the report:

  • What will the market development pace of Fishmeal for Aquafeed market?
  • What are the key factors driving the Global Fishmeal for Aquafeed market?
  • Who are the key manufacturers in market space?
  • What are the market openings, market hazard and market outline of the market?
  • What are sales, revenue, and price analysis of top manufacturers of Fishmeal for Aquafeed market?
  • Who are the distributors, traders, and dealers of Fishmeal for Aquafeed market?
  • What are the Fishmeal for Aquafeed market opportunities and threats faced by the vendors in the Global Fishmeal for Aquafeed industries?
  • What are deals, income, and value examination by types and utilizations of the market?
  • What are deals, income, and value examination by areas of enterprises?

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