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Global Aquafeed Market
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Global Aquafeed Market

Home Food And Beverages Global Aquafeed Market

Global Aquafeed Market, By Form (Dry, Wet, Moist and Others); By Ingredients (Soybean [Soybean Meal, Soy Oil, and Soy Lecithin], Fish Meal, Corn [Corn Gluten Meal, Corn Gluten Feed, and Corn Oil], Fish Oil, Additives, and Other Ingredients); By Additives (Amino Acids, Vitamins & Minerals, Prebiotics & Probiotics, Enzymes, Antibiotics, Antioxidants, and Other Additives);By Species (Fish [Tilapia, Salmon, Carp, Trout, and Other fish Species], Crustaceans [Shrimp, Crabs, Krill, and Other Crustaceans], Mollusks [Oysters, Mussels, and Other Mollusks], and Other Species); By Lifecycle (Grower Feed, Finisher Feed, Starter Feed, and Brooder Feed); By Region (North America, Europe, the Asia-Pacific, Latin America, and the Middle East & Africa)Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: September 2021
  • Report ID: BWC2193
  • Available Format: PDF
  • Page: 196

Report Overview

The global aquafeed market is likely to grow due to the increased popularity of aquafeed containing beneficial nutrients. Additionally, an increase in global seafood consumption is expected to drive global demand

Global Aquafeed Market- Industry Trends & Forecast Report 2027

Global aquafeed market was worth USD 59.6 billion in 2020 and is projected to reach USD 83.2 billion by 2027, at a CAGR of 5.4% during the forecast period (2021-2027). The increased popularity of aquafeed containing beneficial nutrients is fueling the market's steady growth prospects. Moreover, the global seafood market is expected to grow as a result of increased global fish consumption. Additionally, governments of different countries have passed laws and implemented programs to encourage farmers to use high-quality feed. Furthermore, an increase in per capita income, mainly from emerging economies, is anticipated to drive global aquafeed market’s growth during the forecast period.

Global aquafeed market

Source: BlueWeave Consulting

Global Aquafeed Market Overview

Any food for aquatic animals is known as aquafeed. Aquafeed additives are nutritive/nonnutritive ingredients enriched in small amounts for a specific purpose. Aquafeed is composed of two types of particles: extruded bits and pressure-pelleted bits. Extruded bits float on top of the water while pressure-pelleted feed sinks.Aquafeeds would significantly move to more environmentally friendly agricultural practices, diminishing environmental effects while increasing farmer income. As a result of plant- and algae-based diets, aquafeeds are becoming less dependent on fish meal and fish oil.

Global Aquafeed Market Trend

Growth Drivers

Increase in Sea-Food Trade to Play Vital Role in the Market Growth

The rise in seafood consumption and increase in consumer spending on fish and fish products such as fish oil, fish meal, and fish silage is likely to surge aquaculture production, which is expected to drive the market growth. Besides this, the rise in demand for animal protein in developed economies and the surging trade of seafood across several global economies is further driving the aquafeed market. According to Marine Products Export Development Authority (MPEDA), India had exported nearly 12,89,651 tonnes of seafood worth INR 46,662.85 crore in 2019-20.

Rising Popularity of Aquaculture is Driving the Market Growth

The practice of aquaculture is becoming more common throughout the world, as it helps in food production and conserves endangered species. Furthermore, it is regarded as a protein-rich food source, offering various benefits for health concerns, such as high cholesterol levels in aquatic species. Aquaculture production is helpful in other applications. Algae, for example, can be used in place of fossil fuels and as an alternative fuel source, which is a cleaner, more cultivable fuel source. There is a possibility that this could result in a complete restructuring of the energy sector and may also strengthen the economies around its production.

Various tests and R&D initiatives are also enhancing aquaculture, creating exciting prospects for the future. The aquaculture sector has witnessed increased investment over the past few years as projects associated with its practice become more commonplace. Furthermore, market players are also initiating new strategies in this space as demand for seafood production rises.

Restraints

Stringent Regulatory Framework and Increasing Cost of Raw Materials

Aquaculture is one of the most comprehensively regulated industries in the world. Regulations are becoming more strict, as evidenced by the ban placed on the use of antibiotics as growth promoters in animals in the European Union in 2006 and the United States in 2009. There are no such regulations in many countries that export fish to Europe and the U.S., including China, Vietnam, and Thailand.hese inconsistencies in regulations affect the global fish and aqua feed trade, especially between developed and developing economies.

Moreover, because of the growth of the aquaculture industry, the demand for high-quality aqua feed has prompted an increase in the consumption of compound feed and feed additives. The global aquafeed market is experiencing a critical issue with feed availability.In light of the growing global population and corresponding increase in food shortages, the aquaculture industry faces crucial challenges in procuring feed for aqua feed manufacturing and growing the aquaculture market.

Impact of COVID-19 on Global Aquafeed Market

Global lockdowns resulting from the COVID-19 pandemic have had devastating economic consequences on the global aquafeed market. Fisheries and aquaculture supply chains include activities such as fishing, aquaculture production, processing, input transportation, distribution, and wholesale/retail marketing. All of these activities are essential to the success of a supply chain. Impacts arising from COVID-19 and related measures severely disrupted all the stages of the chain. Additionally, the pandemic’s prohibitionist measures have badly damaged small-scale fisheries. The sector directly engages 90% of fisheries workers (around 36.7 million) and hundreds of millions more indirectly.

India's domestic appetite for seafood waned as the pandemic-induced lockdown decreased demand from hotels, restaurants, and cafes. Households also cut down on seafood consumption on suspicions of transmission of the disease. However, the global aquafeed market is likely to rebound in the next fiscal year (FY22), led by a recovery in demand.

Global Aquafeed Market: By Form

Based on forms, the global aquafeed market is grouped into dry, wet, moist, and others. The dry segment holds the largest market share in 2020 and is likely to dominate the market during the forecast period. The growth of this segment is attributable to its ability to raise the feed conversion ratio of fish. Moreover, due to its excellent palatability and effectiveness in enhancing fish performance, the dry type is augmenting popularity. The product's ease of storage and transportation and its longer shelf life than wet or sticky goods are expected to boost sales during the forecast period.

Global Aquafeed Market Share

Source: BlueWeave Consulting

Global Aquafeed Market: By Additives

Based on the additives, the global Aquafeed market is fragmented into amino acids, vitamins & minerals, prebiotics & probiotics, enzymes, antibiotics, antioxidants, and other additives. Among these, the amino acids segment helda significant market share in 2020 and is likely to dominate the overall segment in the market during the forecast period. Amino acids are crucial in animal nutrition and are the building blocks of protein, which play an indispensable role in the growth, production, and overall maintenance of aquatic animal health. Amino acids give the energy required to develop muscles and bones for movement, digestion, and blood circulation.

 

Global Aquafeed Market: By Lifecycle

Based on lifecycles, the global aquafeed market is fragmented into grower feed, finisher feed, starter feed, and brooder feed. Among these, the grower feed segment led the market in 2020 and is likely to maintain its dominance even during the forecast period. The grower feed segment has a high potential in terms of protein deposition and better feed conversion rates. The grower feed is not only designed to meet the nutritional needs of fish but to meet varying farming conditions as well. Furthermore, this type of feed allows increased flexibility in terms of formulations.

 

Global Aquafeed Market: Regional Insights

Geographically, the global aquafeed market is categorized into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. Among all the regions, Asia-Pacific dominated the aquafeed industry in 2020. It is likely to dominate the market during the forecast period due to the theflourishing aquaculture industry in the region. The aquafeed industry in the APAC region is driven by rising aquaculture and boosted demand for seafood. Moreover, more than half of the domestic production in Thailand, Vietnam, the Philippines, Indonesia, and India are exported exclusively for the European and North American markets.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

Theaquafeed market is fairly consolidated, with the presence of limited domestic and international players. Besides this, the emergence of new entrants has resulted in healthier competition among long-established service providers in the industry. Some key players in the global aquafeed market are Archer Daniels Midland Company, Cargill Inc., Ridley Corporation Limited, Nutreco, Alltech, Purina Animal Nutrition, Nutriad, Aller Aqua A/S, Biomin, Biomar, Norel Animal Nutrition, Avanti Feeds Limited, De Heus Animal Nutrition B.V, Novus International, Biostadt India Limited, Nk Ingredients Pte Ltd., Marubeni Nisshin Feed Co., Ltd., Marvesa, Beneo, Japfa Comfeed, Cpf Plc, Growel Feeds, Sonac, Kent Feeds, Lifecircle Nutrition, and other prominent players.

 

Recent Developments

  • In July 2021, Evonik enhanced its Near-infrared Spectroscopy (NIR) services for feed raw materials and feeds. With ISO 12099 for near-infrared spectroscopy (NIR), updated calibrations for feed raw materials and feeds, and additional features in AMINONIR Portable, the company now offers a more comprehensive service to its customers in the feed industry.

 

  • In July 2021, Devenish and Mara Renewables Corporation announced a joint-venture to begin a new partnership entity that aims to improve human health by naturally enriching animal feed with a sustainable omega-3 DHA solution.

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, France, Germany, United Kingdom, Rest of the Europe, Japan, China, India, New Zealand, Australia, Rest of the APAC, Brazil, Mexico, Rest of the Latin America, South Africa, Saudi Arabia, UAE, and Rest of MEA.

Product/Service Segmentation

By Form, By Ingredient, By Additives, By Species, By Lifecycle, and By Region

Key Players

Key Players for the market Some of the key players include Archer Daniels Midland Company, Cargill Inc., Ridley Corporation Limited, Nutreco, Alltech, Purina Animal Nutrition, Nutriad, Aller Aqua A/S, Biomin, Biomar, Norel Animal Nutrition, Avanti Feeds Limited, De Heus Animal Nutrition B.V, Novus International, Biostadt India Limited, Nk Ingredients Pte Ltd., Marubeni Nisshin Feed Co., Ltd., Marvesa, Beneo, Japfa Comfeed, Cpf Plc, Growel Feeds, Sonac, Kent Feeds, Lifecircle Nutrition, and other prominent players.

 

  • By Form
        • Dry
        • Wet
        • Moist
        • Others
  • By Ingredient
        • Soybean
          • Soybean Meal
          • Soy Oil
          • Soy Lecithin
        • Fish Meal
        • Corn
          • Corn Gluten Meal
          • Corn Gluten Feed
          • Corn Oil
        • Fish Oil
        • Additives
        • Other Ingredients
  • By Additives
        • Amino Acids
        • Vitamins & Minerals
        • Prebiotics & Probiotics
        • Enzymes
        • Antibiotics
        • Antioxidants
        • Other Additives
  • By Species
        • Fish
          • Tilapia
          • Salmon
          • Carp
          • Trout
          • Other Fish Species
        • Crustaceans
          • Shrimp
          • Crabs
          • Krill
          • Other Crustaceans
        • Mollusks
          • Oysters
          • Mussels
          • Other Mollusks
        • Other Species
  • By Lifecycle
        • Grower Feed
        • Finisher Feed
        • Starter Feed
        • Brooder Feed
  • By Region
        • North America
        • Europe
        • The Asia-Pacific
        • Latin America
        • The Middle East and Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Primary &Secondary Research Application
      2. Secondary Research
      3. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Aquafeed Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Recent Development/Technological Advancements
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Application of Suppliers
      2. Bargaining Application of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Aquafeed Market  Overview
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)        
    2. Market Share & Forecast
      1. By Form
        1. Dry
        2. Wet
        3. Moist
        4. Others
      2. By Ingredient
        1. Soybean
          1. Soybean Meal
          2. Soy Oil
          3. Soy Lecithin
        2. Fish Meal
        3. Corn
          1. Corn Gluten Meal
          2. Corn Gluten Feed
          3. Corn Oil
        4. Fish Oil
        5. Additives
        6. Other Ingredients
      3. By Additives
        1. Amino Acids
        2. Vitamins & Minerals
        3. Prebiotics & Probiotics
        4. Enzymes
        5. Antibiotics
        6. Antioxidants
        7. Other Additives
      4. By Species
        1. Fish
          1. Tilapia
          2. Salmon
          3. Carp
          4. Trout
          5. Other Fish Species
        2. Crustaceans
          1. Shrimp
          2. Crabs
          3. Krill
          4. Other Crustaceans
        3. Mollusks
          1. Oysters
          2. Mussels
          3. Other Mollusks
        4. Other Species
      5. By Lifecycle
        1. Grower Feed
        2. Finisher Feed
        3. Starter Feed
        4. Brooder Feed
      6. By Region
        1. North America
        2. Europe
        3. The Asia-Pacific
        4. Latin America
        5. The Middle East and Africa
  6. North America Aquafeed Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Form
      2. By Ingredient
      3. By Additives
      4. By Species
      5. By Lifecycle
      6. By Country
        1. United States
        2. Canada
  7. Europe Aquafeed Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Form
      2. By Ingredient
      3. By Additives
      4. By Species
      5. By Lifecycle
      6. By Country
        1. France
        2. Germany
        3. United Kingdom
        4. Rest of Europe
  8. Asia-Pacific Aquafeed Market  
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Form
      2. By Ingredient
      3. By Additives
      4. By Species
      5. By Lifecycle
      6. By Country
        1. Japan
        2. China
        3. India
        4. New Zealand
        5. Australia
        6. Rest of APAC
  9. Latin America Aquafeed Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Form
      2. By Ingredient
      3. By Additives
      4. By Species
      5. By Lifecycle
      6. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. Middle East & Africa Aquafeed Market  
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Form
      2. By Ingredient
      3. By Additives
      4. By Species
      5. By Lifecycle
      6. By Country
        1. South Africa
        2. Saudi Arabia
        3. UAE
        4. Rest of MEA
  11. Competitive Landscape
    1. Company Market Share Analysis, 2020
    2. Competitive Benchmarking, By Product Offerings
    3. List of Key Players and their Offerings
  12. Impact of COVID-19 across Industry
  13. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Archer Daniels Midland Company
    2. Cargill Inc.
    3. Ridley Corporation Limited
    4. Nutreco
    5. Alltech
    6. Purina Animal Nutrition
    7. Nutriad
    8. Aller Aqua A/S
    9. Biomin
    10. Biomar
    11. Norel Animal Nutrition
    12. Avanti Feeds Limited
    13. De Heus Animal Nutrition B.V
    14. Novus International
    15. Biostadt India Limited
    16. Nk Ingredients Pte Ltd.
    17. Marubeni Nisshin Feed Co., Ltd.
    18. Marvesa
    19. Beneo
    20. JapfaComfeed
    21. Cpf Plc
    22. Growel Feeds
    23. Sonac
    24. Kent Feeds
    25. Lifecircle Nutrition
    26. Other Prominent Players

 

  1. Key Strategic Recommendations

 

 

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable.

 

 

List of Figures.

 

Fig 1: Global Aquafeed Segmentation

Fig 2: Global Aquafeed Market  Value Chain Analysis

Fig 3: Company Market Share Analysis, 2020

Fig 4: Global Aquafeed Market  Size, By Value (USD Billion), 2017-2027

Fig 5: Global Aquafeed Market  Share, By Form, By Value, 2017-2027

Fig 6: Global Aquafeed Market  Share, By Ingredient, By Value, 2017-2027

Fig 7: Global Aquafeed Market  Share, By Additives, By Value, 2017-2027

Fig 8: Global Aquafeed Market  Share, By Species, By Value, 2017-2027

Fig 9: Global Aquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 10: Global Aquafeed Market  Share, By Region, By Value, 2017-2027

Fig 11: North America Aquafeed Market  Size, By Form (USD Billion), 2017-2027

Fig 12: North America Aquafeed Market  Share, By Ingredient, By Value, 2017-2027

Fig13: North America Aquafeed Market  Share, By Additives, By Value, 2017-2027

Fig 14: North America Aquafeed Market  Share, By Species, By Value, 2017-2027

Fig 15: North America Aquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 16: North America Aquafeed Market Share, By Country, By Value, 2017-2027

Fig 17: Europe Aquafeed Market Size, By Form (USD Billion), 2017-2027

Fig 18: Europe Aquafeed Market Share, By Ingredient, By Value, 2017-2027

Fig 19: Europe Aquafeed Market Share, By Additives, By Value, 2017-2027

Fig 20: Europe Aquafeed Market Share, By Species, By Value, 2017-2027

Fig 21: Europe Aquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 22: Europe Aquafeed Market  Share, By Country, By Value, 2017-2027

Fig 23: the Asia-PacificAquafeed Market  Size, By Form (USD Billion), 2017-2027

Fig 24: the Asia-PacificAquafeed Market  Share, By Ingredient, By Value, 2017-2027

Fig 25: the Asia-PacificAquafeed Market  Share, By Additives, By Value, 2017-2027

Fig 26: the Asia-PacificAquafeed Market  Share, By Species, By Value, 2017-2027

Fig 27: the Asia-PacificAquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 28: the Asia-PacificAquafeed Market  Share, By Country, By Value, 2017-2027

Fig 29: Latin America Aquafeed Market  Size, By Form (USD Billion), 2017-2027

Fig 30: Latin America Aquafeed Market  Share, By Ingredient, By Value, 2017-2027

Fig 31: Latin America Aquafeed Market  Share, By Additives, By Value, 2017-2027

Fig 32: Latin America Aquafeed Market  Share, By Species, By Value, 2017-2027

Fig 33: Latin America Aquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 34: Latin America Aquafeed Market Share, By Country, By Value, 2017-2027

Fig35: the Middle East & Africa Aquafeed Market Size, By Form (USD Billion), 2017-2027

Fig36: the Middle East & Africa Aquafeed Market Share, By Ingredient, By Value, 2017-2027

Fig 37: the Middle East & Africa Aquafeed Market Share, By Additives, By Value, 2017-2027

Fig38: the Middle East & Africa Aquafeed Market Share, By Species, By Value, 2017-2027

Fig39: the Middle East & Africa Aquafeed Market Share, By Lifecycle, By Value, 2017-2027

Fig 40: the Middle East & Africa Aquafeed Market Share, By Country, By Value, 2017-2027

 

List of Tables.

Table 1: Global Aquafeed Size, By Form, By Value, 2017-2027

Table 2: Global Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table3: Global Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 4: Global Aquafeed Market Size, By Species, By Value, 2017-2027

Table 5: Global Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 6: Global Aquafeed Market Size, By Region, By Value, 2017-2027

Table 7: North America Aquafeed  Market Size, By Form, By Value, 2017-2027

Table 8: North America Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table 9: North America Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 10: North America Aquafeed Market Size, By Species, By Value, 2017-2027

Table 11: North America Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 12: North America Aquafeed Market Size, By Country, By Value, 2017-2027

Table 13: Europe Aquafeed Market Size, By Form, By Value, 2017-2027

Table 14: Europe Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table 15: Europe Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 16: Europe Aquafeed Market Size, By Species, By Value, 2017-2027

Table 17: Europe Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 18: Europe Aquafeed Market Size, By Country, By Value, 2017-2027

Table 19: the Asia-PacificAquafeed Market Size, By Form, By Value, 2017-2027

Table20: the Asia-Pacific Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table 21: the Asia-Pacific Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 22: the Asia-Pacific Aquafeed Market Size, By Species, By Value, 2017-2027

Table 23: the Asia-Pacific Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 24: the Asia-Pacific Aquafeed Market Size, By Country, By Value, 2017-2027

Table 25: Latin America Aquafeed Market Size, By Form, By Value, 2017-2027

Table 26: Latin America Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table 27: Latin America Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 28: Latin America Aquafeed Market Size, By Species, By Value, 2017-2027

Table 29: Latin America Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 30: Latin America Aquafeed Market Size, By Country, By Value, 2017-2027

Table 31: The Middle East & AfricaAquafeed Market Size, By Form, By Value, 2017-2027

Table 32: The Middle East & Africa Aquafeed Market Size, By Ingredient, By Value, 2017-2027

Table 33: The Middle East & Africa Aquafeed Market Size, By Additives, By Value, 2017-2027

Table 34: The Middle East & Africa Aquafeed Market Size, By Species, By Value, 2017-2027

Table 35: The Middle East & Africa Aquafeed Market Size, By Lifecycle, By Value, 2017-2027

Table 36: The Middle East & Africa Aquafeed Market Size, By Country, By Value, 2017-2027

Table 37: Archer Daniels Midland Company Business Overview

Table 38: Archer Daniels Midland Company Financial Analysis

Table 39: Cargill Inc. Business Overview

Table 40: Cargill Inc. Financial Analysis

Table 41: Ridley Corporation Limited Business Overview

Table 42: Ridley Corporation Limited Financial Analysis

Table 43: Nutreco Business Overview

Table 44: Nutreco Financial Analysis

Table 45: Alltech Business Overview

Table 46: Alltech Financial Analysis

Table 47: Purina Animal Nutrition Business Overview

Table 48: Purina Animal Nutrition Financial Analysis

Table 49: Nutriad Business Overview

Table 50: Nutriad Financial Analysis

Table 51: Aller Aqua A/S Business Overview

Table 52: Aller Aqua A/S Financial Analysis

Table 53: Biomin Business Overview

Table 54: Biomin Financial Analysis

Table 55: Biomar Business Overview

Table 56: Biomar Financial Analysis

Table 57: Norel Animal Nutrition Business Overview

Table 58: Norel Animal Nutrition Financial Analysis

Table 59: Avanti Feeds Limited Business Overview

Table 60: Avanti Feeds Limited Financial Analysis

Table 61: De Heus Animal Nutrition B.V Business Overview

Table 62: De Heus Animal Nutrition B.V Financial Analysis

Table 63: Novus International Business Overview

Table 64: Novus International Financial Analysis

Table 65: Biostadt India Limited Business Overview

Table 66: Biostadt India Limited Financial Analysis

Table 67: Nk Ingredients Pte Ltd. Business Overview

Table 68: Nk Ingredients Pte Ltd. Financial Analysis

Table 69: Marubeni Nisshin Feed Co., Ltd. Business Overview

Table 70: Marubeni Nisshin Feed Co., Ltd. Financial Analysis

Table 71: Marvesa Business Overview

Table 72: Marvesa Financial Analysis

Table 73: Beneo Business Overview

Table 74: Beneo Financial Analysis

Table 75: JapfaComfeed Business Overview

Table 76: JapfaComfeed Financial Analysis

Table 77: Cpf Plc Business Overview

Table 78: Cpf Plc Financial Analysis

Table 79: Growel Feeds Business Overview

Table 80: Growel Feeds Financial Analysis

Table 81: Sonac Business Overview

Table 82: Sonac Financial Analysis

Table 83: Kent Feeds Business Overview

Table 84: Kent Feeds Financial Analysis

Table 85: Lifecircle Nutrition Business Overview

Table 86: Lifecircle Nutrition Financial Analysis

Market Segmentation

  • By Form
        • Dry
        • Wet
        • Moist
        • Others
  • By Ingredient
        • Soybean
          • Soybean Meal
          • Soy Oil
          • Soy Lecithin
        • Fish Meal
        • Corn
          • Corn Gluten Meal
          • Corn Gluten Feed
          • Corn Oil
        • Fish Oil
        • Additives
        • Other Ingredients
  • By Additives
        • Amino Acids
        • Vitamins & Minerals
        • Prebiotics & Probiotics
        • Enzymes
        • Antibiotics
        • Antioxidants
        • Other Additives
  • By Species
        • Fish
          • Tilapia
          • Salmon
          • Carp
          • Trout
          • Other Fish Species
        • Crustaceans
          • Shrimp
          • Crabs
          • Krill
          • Other Crustaceans
        • Mollusks
          • Oysters
          • Mussels
          • Other Mollusks
        • Other Species
  • By Lifecycle
        • Grower Feed
        • Finisher Feed
        • Starter Feed
        • Brooder Feed
  • By Region
        • North America
        • Europe
        • The Asia-Pacific
        • Latin America
        • The Middle East and Africa
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Frequently Asked Questions (FAQs):

Ans: Global Aquafeed Market has reached USD 59.6 billion in 2020.
Ans: The increasing popularity of aquafeeds that contain beneficial nutrients is driving the market's steady growth. Additionally, the global demand is forecast to be driven by rising global fish consumption and growth in seafood commerce.
Ans: The key players in the global Aquafeed Market are Archer Daniels Midland Company, Cargill Inc., Ridley Corporation Limited, Nutreco, Alltech, Purina Animal Nutrition, Nutriad, Aller Aqua A/S, Biomin, Biomar, Norel Animal Nutrition, Avanti Feeds Limited, De Heus Animal Nutrition B.V, Novus International, Biostadt India Limited, Nk Ingredients Pte Ltd., Marubeni Nisshin Feed Co., Ltd., Marvesa, Beneo, Japfa Comfeed, Cpf Plc, Growel Feeds, Sonac, Kent Feeds, Lifecircle Nutrition, and other prominent players.
Ans: The dry segment accounted for the largest share in the global aquafeed market based on form.
Ans: The Asia-Pacific is growing at a higher rate in the global Aquafeed Market.