Aquafeed Market - Forecasts from 2017 to 2022
DESCRIPTION Aquafeed market is projected to witness a compound annual growth rate of 10.73% during the forecast period to reach a total market size of US$164.53 billion by 2022, increasing from US$98.84 billion in 2017. With the growing human population, the need for the increase in food production stands a foremost concern for sustaining future’s growing appetite. In order to reduce the gap between demand and supply of food, people are turning to the sea for solutions. According to World Bank, aquaculture is expected to be the prime source of seafood by 2030, as demand breeds from the global middle class and wild capture fisheries. The rising aquaculture industry is expected to augment the aquafeed market in this segment. Moreover, the growth in seafood trade owing to globalization and increase in spending power further augments the aquafeed market. However, the fluctuating prices of raw materials like fish oil and fish meal drive the need for cost effective substitutes while restraining the market growth. By Additive By additive, Amino acid is expected to grow at a high rate over the forecast period owing to the growing demand for nutritional animal products among consumers. Amino acids are significant in animal nutrition and are the building blocks of protein. This helps in production, growth and overall maintenance of aquatic animal health. Likewise, feed acidifiers are also expected to witness high growth in the upcoming years. The ease of application and high efficiency of feed acidifiers augments its adoption. By Geography Geographically, Asia Pacific accounted for a large market share in 2016 and is expected to hold a notable position by the end of the forecasted period. The flourishing aquaculture industry owing to the availability of cheap labour and natural resources is the major factor driving this regional growth. The rising consumption and trading of sea food, especially in China, further contribute to this growth. Likewise, high growth has been observed in European aquafeed market as a result of rising consumption of sea food in countries like Germany and Norway.
Aquafeed Market - Forecasts from 2017 to 2022
Competitive Insight The Aquafeed market is highly competitive owing to the presence of numerous small and large vendors. The major players discussed in the report include Alltech Inc, Biomar, Ridley, Aller Aqua, Dibaq Aquaculture, Cargill Incorporated, Norel Animal Nutrition, and Ridley Corporation Limited. The large market with continuous growth and favorable regulation attracts new players within the industry which further propels the competitive rivalry. Mergers and acquisitions are the key strategies adopted by these players to enhance their market reach and offerings thereby, increasing their market share. Segmentation Aquafeed market has been segmented by additive, end-user, and geography. By Additive o Amino Acid o Vitamins o Antibiotics o Feed acidifiers o Others By End-user o Fish o Mollusks o Crustaceans o Others By Geography o North America
U.S.
Canada
Mexico Aquafeed Market - Forecasts from 2017 to 2022
Others
o South America
Brazil
Argentina
Others
o Europe
UK
Germany
France
Norway
Spain
Others
o Middle East and Africa o Asia Pacific
Japan
China
India
Australia
Others
Key questions answered by the report What will be the Aquafeed market size from 2017 to 2022? How are the major drivers and restraints affecting the Aquafeed market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behavior Aquafeed Market - Forecasts from 2017 to 2022
 Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Aquafeed Market - Forecasts from 2017 to 2022
TABLE OF CONTENTS 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 4.1. Segmentation 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Supplier Outlook 4.6. Industry Outlook 4.7. Porter’s 5 Forces Analysis 4.8. Industry Value Chain Analysis 4.9. Industry Regulations 4.10. Scenario Analysis 5. Aquafeed Market Forecast by Additive (US$ billion) 5.1. Amino Acid 5.2. Vitamins 5.3. Antibiotics 5.4. Feed acidifiers 5.5. Others 6. Aquafeed Market Forecast by End-User (US$ billion) 6.1. Fish 6.2. Mollusks 6.3. Crustaceans 6.4. Others 7. Aquafeed Market Forecast by Geography (US$ billion) 7.1. Americas 7.1.1. North America 7.1.1.1. U.S. 7.1.1.2. Canada 7.1.1.3. Mexico Aquafeed Market - Forecasts from 2017 to 2022
7.1.1.4. Others 7.1.2. South America 7.1.2.1. Brazil 7.1.2.2. Argentina 7.1.2.3. Others 7.2. Europe Middle East and Africa 7.2.1. Europe 7.2.1.1. UK 7.2.1.2. Germany 7.2.1.3. France 7.2.1.4. Norway 7.2.1.5. Spain 7.2.1.6. Others 7.2.2. Middle East and Africa 7.3. Asia Pacific 7.3.1. Japan 7.3.2. China 7.3.3. India 7.3.4. Australia 7.3.5. Others 8. Competitive Intelligence 8.1. Market Share of Key Players 8.2. Investment Analysis 8.3. Recent Deals 8.4. Strategies of Key Players 9. Company Profiles 9.1. Alltech Inc 9.1.1. Overview 9.1.2. Financials 9.1.3. Products and Services 9.1.4. Recent Developments 9.2. Biomar 9.2.1. Overview Aquafeed Market - Forecasts from 2017 to 2022
9.2.2. Financials 9.2.3. Products and Services 9.2.4. Recent Developments 9.3. Aller Aqua 9.3.1. Overview 9.3.2. Financials 9.3.3. Products and Services 9.3.4. Recent Developments 9.4. Dibaq Aquaculture 9.4.1. Overview 9.4.2. Financials 9.4.3. Products and Services 9.4.4. Recent Developments 9.5. Cargill Incorporated 9.5.1. Overview 9.5.2. Financials 9.5.3. Products and Services 9.5.4. Recent Developments 9.6. Norel Animal Nutrition 9.6.1. Overview 9.6.2. Financials 9.6.3. Products and Services 9.6.4. Recent Developments 9.7. Ridley Corporation Limited 9.7.1. Overview 9.7.2. Financials 9.7.3. Products and Services 9.7.4. Recent Developments 9.8. Skretting 9.8.1. Overview 9.8.2. Financials 9.8.3. Products and Services 9.8.4. Recent Developments Aquafeed Market - Forecasts from 2017 to 2022
List of Tables List of Figures
Aquafeed Market - Forecasts from 2017 to 2022
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Aquafeed Market - Forecasts from 2017 to 2022