Aquafeed Demand Is Projected To Reach At 77.93 Million Tons, Growing At A 11% CAGR from 2014 to 2020

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Aquafeed Demand Is Projected To Reach At 77.93 Million Tons, Growing At A 11% CAGR from 2014 to 2020

“Global Aquafeed Demand was 37.60 million tons in 2013 and is expected to reach 77.93 million tons by 2020, growing at a CAGR of 11% from 2014 to 2020�

Global Aquafeed Market is expected to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications. Access Full Research Report on Aquafeed Market: http://www.grandviewresearch.com/press-release/global-aquafeed-market

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