Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive, and Region - (2020-2025)
Market Segmentation
| Report Metrics | Details |
|
Market size available for years |
2019 - 2025 |
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CAGR % |
7.2 |
Top 10 companies in Aquafeed Market
Aquafeed Market News
| Publish Date | Aquafeed Market Updates |
|---|---|
| 02-Jun-2023 | Why novel aquafeed ingredients are likely to remain niche for some ... |
The global Aquafeed market in monetary terms was estimated to be worth $50.6 billion in 2020 and is poised to reach $71.6 billion by 2025, growing at a CAGR of 7.2% from 2020 to 2025.
The global aquafeed industry is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. Aquafeed comprises one or more artificial and/or natural feedstuffs in the form of pellets or extruded bits for commercial fish, crustaceans, and mollusks. The growth in the global consumption of aquafeed has continued to be significant due to the growing aquaculture industry.
Global aquaculture production has grown rapidly during the past decades, contributing significant quantities to the world’s fish and seaweed supply for human and animal consumption. Aquaculture is an important part of the economic development of many countries and has been received positively by several governments seeking to boost their countries’ economic performance; many policies have been the introduction of policies in support of the sector.
On the basis of ingredient, the soybean segment is estimated to account for a major share, in terms of value, in 2019.
Soybean is among the non-fish sources of omega-3 fatty acids, proteins, and unsaturated fats. Soy protein is fed to farm-reared fish and shellfish to enhance their overall growth and development. Some of the commonly used soybean products in aquafeed include heat-processed full-fat soybean, mechanically extracted soybean cake, solvent-extracted soybean meal, and dehulled solvent-extracted soybean meal. Since soybean meal is priced significantly lesser than fishmeal, the consumption of soybean meal is high.
The amino acids segment, by additive, is projected to dominate the aquafeed market during the forecast period.
Amino acids are important in animal nutrition and are the building blocks of protein, which play an essential role in the growth, production, and overall maintenance of aquatic animal health. Amino acids provide the energy required for the growth of muscles and bones for muscle movement, digestion, and blood circulation. Owing to these factors, the amino acids segment dominates the aquafeed market, by additive.
On the basis of species, the fish segment is projected to witness higher growth in the aquafeed market.
The market, by species, is segmented into fish, crustaceans, mollusks, and others (turtles and sea urchins). Fish farming in ponds, lakes, rivers, and coastal waters is increasing to fill the gap between demand and supply. The increase in fish farming activities and aquaculture has led to the increased demand for fish feed. Among fish, carp and tilapia are high consumers of aquafeed. Also, carps are being extensively reared, owing to their adaptability to changing climates, while Tilapia culturing has increased in recent years due to the growing supply of high-quality protein tilapia species at lower prices.
Asia Pacific is projected to witness the highest growth in the aquafeed market during the forecast period.
The global market was dominated by Asia Pacific in 2020, in terms of value and volume; this market is majorly driven by China, which is a major producer of aquafeed. China is the leading producer, consumer, and processor of aquaculture products, contributing to about one-third to the global supply. Moreover, the processed seafood market in the region is also currently undergoing a significant transformation in response to the rapid urbanization and diet diversification.
Key Market Players
Many domestic and global players provide aquafeed products to improve fish health. Major manufacturers have their presence in the North American and European countries. The report scope has been restricted to the market for commercial aquafeed products marketed across the globe. The key companies in the market are Cargill (US), Archer Daniels Midland Company (US), Alltech (US), Purina Animal Nutrition (US), Nutreco N.V. (Netherlands), and Ridley Corporation Ltd. (Australia). Various strategies, such as expansions & investments, partnerships, collaborations, and agreements, were adopted by the key companies to remain competitive in the aquafeed market.
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- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Forecast Years: |
2020–2025 |
|
Base year considered |
2018 |
|
Revenue 2025: |
US $71.6 billion |
| Revenue CAGR (2020-2025) | 7.2% |
|
Units considered |
Value (USD) & Volume (KT) |
|
Segments covered |
Species, Ingredient, Lifecycle, Form, Additive, and Region |
|
Regions covered |
North America, Asia Pacific, Europe, South America, and RoW |
|
Companies studied |
Cargill (US), Archer Daniels Midland Company (US), Alltech (US), Purina Animal Nutrition (US), Nutreco N.V. (Netherlands), and Ridley Corporation Ltd. (Australia). |
This research report categorizes the aquafeed market based on species, ingredient, lifecycle, form, additive, and region.
Report Scope:
Species:
- Fish
- Crustaceans
- Mollusks
- Others (miscellaneous freshwater and diadromous fish species)
Form:
- Dry
- Wet
- Moist
Lifecycle:
- Starter feed
- Grower feed
- Finisher feed
- Brooder feed
Ingredient:
- Soybean
- Corn
- Fishmeal
- Fish oil
- Additives
- Others (DDGS, wheat, barley, poultry by-product meal, and blood meal)
Additive:
- Antibiotics
- Vitamins & Minerals
- Antioxidants
- Amino Acids
- Enzymes
- Probiotics & Prebiotics
- Others (Acidifiers, Mycotoxin Binders, Phosphates, and Carotenoids)
By Region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (Middle East and Africa)
Recent Developments
- In January 2019, ADM acquired Neovia (formerly known as InVivo NSA) (France) for USD 1.82 billion (Euro 1.54 billion). This acquisition would provide a strong platform for ADM’s future growth.
- In November 2018, Cargill invested USD 70 million in Thailand to provide innovative technology to the aquaculture and poultry industries located in Thailand.
- In June 2017, Nutreco completed the acquisition of Hi-Pro Feeds LP (Canada). The acquired entity would trade under its global brand, Trouw Nutrition.
Key questions addressed by the report:
- Which region will account for the highest share in the aquafeed market?
- How would the fluctuations in ingredient prices impact the growth of the aquafeed market globally?
- What is the level of support offered by governments across these countries to aquafeed manufacturers?
- Which are the key players in the market and how intense is the competition?
Frequently Asked Questions (FAQ):
What is the value chain framework for Aquafeed market?
The raw material sourcing captures 20% to 65% share of the entire value chain of aquafeed market, followed by production, research & development, logistics & distribution, and marketing & sales.
How is the rising seafood trade propelling the demand for aquafeed market?
Rise in consumption of seafood due to the growing awareness regarding nutrients in seafood products and growing trade among fisheries due to the government initiatives is propelling the aquafeed market demand.
What is the consumption value of aquafeed at each stage of species lifecycle?
The grower segment, by lifecycle, accounted for the largest market share in 2018. However, the brooder feed segment is expected to be the fastest growing segment.
Who are the key players having a strong product portfolio along with business strategies in this industry?
Companies such as Cargill (US), Archer Daniels Midland Company (US), Alltech (US), Nutreco N.V. (Netherlands), and Ridley Corporation Ltd. (Australia) are the major visionary leaders in the aquafeed market
Which county captures the largest share of soybean aquafeed market?
China followed by Vietnam capture the large market shares for soybean aquafeed. China's per capita consumption of seafood increased from 11.5 kg (25.3 lbs) in 1990 to nearly 25.4 kg (56 lbs) in 2004 and is expected to reach 35.9 kg (79.14 lbs) per capita by 2020, according to the Food and Agricultural Organization (FAO). This further increases the country’s import demands for seafood products
What is the impact of COVID-19 on the aquafeed market?
The COVID-19 pandemic has had an impact on all feed industries including the Aquafeed. Due to the current pandemic situation, many companies manufacturing Aquafeed market are facing limitations in manufacturing & production operations along with logistic issues due to ongoing trade restrictions. Several manufactures have taken initiatives to get their facilities running at optimum capacities to maintain steady flow of feed for the aquaculture industry. .
What is the leading additive in the aquafeed market?
The amino acids segment was the highest revenue contributor to the market, with USD 232.2 million in 2019, and is estimated to reach USD 322.2 million by 2025, with a CAGR of 6.8%.
What is the estimated industry size of aquafeed?
The global aquafeed market was valued at USD 795.7 million in 2019, and is projected to reach USD 1,107.7 million by 2025, registering a CAGR of 5.7% from 2019 to 2025.
What is the leading ingredient of aquafeed market?
The soybean segment was the highest revenue contributor to the market, with USD 13,802.8 million in 2019, and is estimated to reach USD 19,892.1 million by 2025, with a CAGR of 7.6%. Fish meal is estimated to reach USD 10,594.7 million by 2021, with a CAGR of 7.6% over the forecast period.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 30)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 AQUAFEED MARKET SEGMENTATION
FIGURE 2 REGIONAL SEGMENTATION
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2014–2019
1.6 VOLUME UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 35)
2.1 RESEARCH DATA
FIGURE 3 AQUAFEED MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Key industry insights
2.1.2.2 Breakdown of primary interviews
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 41)
TABLE 2 AQUAFEED MARKET SNAPSHOT (VALUE), 2020 VS. 2025
FIGURE 8 MARKET SIZE, BY INGREDIENT, 2020 VS. 2025 (USD MILLION)
FIGURE 9 MARKET SIZE, BY LIFECYCLE, 2020 VS. 2025 (USD MILLION)
FIGURE 10 MARKET SIZE, BY ADDITIVE, 2020 VS. 2025 (USD MILLION)
FIGURE 11 MARKET SHARE (VALUE), BY REGION, 2020
4 PREMIUM INSIGHTS (Page No. - 45)
4.1 OPPORTUNITIES IN THE AQUAFEED MARKET
FIGURE 12 INCREASE IN CONSUMPTION OF SEAFOOD AND GROWTH IN AQUACULTURE INDUSTRY TO SUPPORT MARKET GROWTH
4.2 AQUAFEED MARKET, BY SPECIES & REGION, 2020
FIGURE 13 ASIA PACIFIC TO BE THE LARGEST CONSUMER OF AQUAFEED IN 2020
4.3 ASIA PACIFIC: MARKET, BY INGREDIENT & COUNTRY
FIGURE 14 CHINA AND SOYBEAN TO DOMINATE AQUAFEED MARKET IN 2020
4.4 MARKET, BY FORM
FIGURE 15 AQUAFEED IN DRY FORM TO BE MOST WIDELY CONSUMED IN 2020
4.5 MARKET, BY KEY COUNTRY
FIGURE 16 CHINA IS PROJECTED TO WITNESS HIGHEST SHARE IN THE MARKET IN 2020
5 MARKET OVERVIEW (Page No. - 48)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 AQUAFEED MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growth in the aquaculture industry
TABLE 3 GLOBAL AQUACULTURE PRODUCTION, 2011–2016 (MILLION TONNE)
5.2.1.2 Rise in seafood trade propelling the demand
TABLE 4 TOP EXPORTERS AND IMPORTERS OF FISH & FISH PRODUCTS, 2016 (USD MILLION)
5.2.2 RESTRAINTS
5.2.2.1 Fluctuations in raw material prices
5.2.3 OPPORTUNITIES
5.2.3.1 Growth in support from governments
5.2.3.2 Development of innovative products as a source of protein
5.2.4 CHALLENGES
5.2.4.1 Growth in environmental and human health concerns
5.2.5 COVID-19 IMPACT ON MARKET OVERVIEW OF AQUAFEED MARKET
5.2.5.1 The increasing Covid-19 impact on various aquafeed ingredients has affected the market and the seafood industry globally
FIGURE 18 AQUAFEED MARKET: PRE- & POST-COVID-19 SCENARIO
5.3 REGULATORY FRAMEWORK
5.3.1 CHINA
5.3.2 EUROPEAN UNION
5.3.3 JAPAN
5.3.4 SOUTH AFRICA
5.4 VALUE CHAIN FRAMEWORK
FIGURE 19 AQUAFEED: VALUE CHAIN FRAMEWORK
6 AQUAFEED MARKET, BY INGREDIENT (Page No. - 55)
6.1 INTRODUCTION
FIGURE 20 MARKET SIZE, BY INGREDIENTS, 2020 VS. 2025 (USD MILLION)
TABLE 5 MARKET SIZE, BY INGREDIENTS, 2016–2019 (USD MILLION)
TABLE 6 MARKET SIZE, BY INGREDIENTS, 2020–2025 (USD MILLION)
6.2 SOYBEAN
6.2.1 PROCESSED SOYBEAN IS THE WORLD’S LARGEST SOURCE OF ANIMAL PROTEIN FEED
6.2.1.1 Soybean meal
6.2.1.2 Soy oil
6.2.1.3 Soy lecithin
TABLE 7 MARKET SIZE FOR SOYBEAN, BY REGION, 2016–2019 (USD MILLION)
TABLE 8 MARKET SIZE FOR SOYBEAN, BY REGION, 2020–2025 (USD MILLION)
6.3 FISH MEAL
6.3.1 FISHMEAL IMPROVES THE OVERALL EFFICIENCY OF THE FEED AND AIDS IN DIGESTION
TABLE 9 MARKET SIZE FOR FISH MEAL, BY REGION, 2016–2019 (USD MILLION)
TABLE 10 MARKET SIZE FOR FISH MEAL, BY REGION, 2020–2025 (USD MILLION)
6.4 CORN
6.4.1 CORN OIL IS A LOW-COST ALTERNATIVE TO ANIMAL FEED PROTEINS USED IN AQUACULTURE
6.4.1.1 Corn gluten meal
6.4.1.2 Corn gluten feed
6.4.1.3 Corn oil
TABLE 11 MARKET SIZE FOR CORN, BY REGION, 2016–2019 (USD MILLION)
TABLE 12 MARKET SIZE FOR CORN, BY REGION, 2020–2025 (USD MILLION)
6.5 FISH OIL
6.5.1 FISH OIL IS A VALUABLE FEED INGREDIENT FOR THE AQUACULTURE INDUSTRY
TABLE 13 MARKET SIZE FOR FISH OIL, BY REGION, 2016–2019 (USD MILLION)
TABLE 14 MARKET SIZE FOR FISH OIL, BY REGION, 2020–2025 (USD MILLION)
6.6 ADDITIVES
6.6.1 THE GROWING DEMAND FOR HIGH-PROTEIN DIETS IS AIDING THE GROWTH OF ADDITIVES
TABLE 15 MARKET SIZE FOR ADDITIVES, BY REGION, 2016–2019 (USD MILLION)
TABLE 16 MARKET SIZE FOR ADDITIVES, BY REGION, 2020–2025 (USD MILLION)
6.7 OTHER INGREDIENTS
6.7.1 WHEAT HAS GOOD PELLET-BINDING PROPERTIES DUE TO WHICH IT IS PREFERRED IN FEED AS AN ALTERNATIVE INGREDIENT
TABLE 17 MARKET SIZE FOR OTHER INGREDIENTS, BY REGION, 2016–2019 (USD MILLION)
TABLE 18 MARKET SIZE FOR OTHER INGREDIENTS, BY REGION, 2020–2025 (USD MILLION)
7 AQUAFEED MARKET, BY ADDITIVES (Page No. - 66)
7.1 INTRODUCTION
FIGURE 21 MARKET SIZE, BY ADDITIVES, 2020 VS. 2025 (USD MILLION)
TABLE 19 MARKET SIZE, BY ADDITIVES, 2016–2019 (USD MILLION)
TABLE 20 MARKET SIZE, BY ADDITIVES, 2020–2025 (USD MILLION)
7.2 AMINO ACIDS
7.2.1 AMINO ACIDS AID IN OVERCOMING DIETARY DEFICIENCIES IN AQUATIC ANIMALS
TABLE 21 MARKET SIZE FOR AMINO ACIDS, BY REGION, 2016–2019 (USD MILLION)
TABLE 22 MARKET SIZE FOR AMINO ACIDS, BY REGION, 2020–2025 (USD MILLION)
7.3 VITAMINS & MINERALS
7.3.1 VITAMINS AID IN COPING WITH THE DEFICIENCIES AND DEFORMITIES IN YOUNG, DEVELOPING FISH
TABLE 23 MARKET SIZE FOR VITAMINS & MINERALS, BY REGION, 2016–2019 (USD MILLION)
TABLE 24 MARKET SIZE FOR VITAMINS & MINERALS, BY REGION, 2020–2025 (USD MILLION)
7.4 PREBIOTICS & PROBIOTICS
7.4.1 USE OF PROBIOTICS & PREBIOTICS ENHANCING THE GUT HEALTH OF AQUATIC ANIMALS
TABLE 25 MARKET SIZE FOR PREBIOTICS & PROBIOTICS, BY REGION, 2016–2019 (USD MILLION)
TABLE 26 MARKET SIZE FOR PREBIOTICS & PROBIOTICS, BY REGION, 2020–2025 (USD MILLION)
7.5 ENZYMES
7.5.1 FEED ENZYMES AID IN NUTRIENT ABSORPTION DUE TO WHICH ITS APPLICATION IS GROWING IN FEED
TABLE 27 MARKET SIZE FOR ENZYMES, BY REGION, 2016–2019 (USD MILLION)
TABLE 28 MARKET SIZE FOR ENZYMES, BY REGION, 2020–2025 (USD MILLION)
7.6 ANTIBIOTICS
7.6.1 OUTBREAK OF INFECTIOUS DISEASES IN AQUATIC ANIMALS LEADING TO THE ADOPTION OF ANTIBIOTICS
TABLE 29 MARKET SIZE FOR ANTIBIOTICS, BY REGION, 2016–2019 (USD MILLION)
TABLE 30 MARKET SIZE FOR ANTIBIOTICS, BY REGION, 2020–2025 (USD MILLION)
7.7 ANTIOXIDANTS
7.7.1 RISE IN DEMAND FOR FISH FEED STEERING THE GROWTH OF ANTIOXIDANTS AS AN ADDITIVE
TABLE 31 MARKET SIZE FOR ANTIOXIDANTS, BY REGION, 2016–2019 (USD MILLION)
TABLE 32 MARKET SIZE FOR ANTIOXIDANTS, BY REGION, 2020–2025 (USD MILLION)
7.8 OTHER ADDITIVES
7.8.1 ADDITION OF CAROTENOIDS ENHANCING THE COMMERCIAL VALUE OF FISH
TABLE 33 MARKET SIZE FOR OTHER ADDITIVES, BY REGION, 2016–2019 (USD MILLION)
TABLE 34 MARKET SIZE FOR OTHER ADDITIVES, BY REGION, 2020–2025 (USD MILLION)
8 AQUAFEED MARKET, BY SPECIES (Page No. - 76)
8.1 INTRODUCTION
FIGURE 22 MARKET SIZE, BY SPECIES, 2020 VS. 2025 (USD MILLION)
TABLE 35 MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 36 MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
8.2 FISH
8.2.1 FISH IS THE LARGEST CONSUMER OF AQUAFEED INGREDIENTS AMONG ALL SPECIES
TABLE 37 MARKET SIZE FOR FISH, BY REGION, 2016–2019 (USD MILLION)
TABLE 38 MARKET SIZE FOR FISH, BY REGION, 2020–2025 (USD MILLION)
8.2.2 TILAPIA
8.2.3 SALMON
8.2.4 CARP
8.2.5 TROUT
8.2.6 OTHER FISH SPECIES
TABLE 39 MARKET SIZE FOR FISH, BY SUB-TYPE, 2016–2019 (USD MILLION)
TABLE 40 MARKET SIZE FOR FISH, SUB-TYPE, 2020–2025 (USD MILLION)
8.3 CRUSTACEANS
8.3.1 GROWTH IN SHRIMP PRODUCTION TO BOOST THE AQUAFEED CONSUMPTION AMONG CRUSTACEANS
TABLE 41 MARKET SIZE FOR CRUSTACEANS, BY REGION, 2016–2019 (USD MILLION)
TABLE 42 MARKET SIZE FOR CRUSTACEANS, BY REGION, 2020–2025 (USD MILLION)
8.3.2 SHRIMP
8.3.3 CRABS
8.3.4 KRILL
8.3.5 OTHER CRUSTACEANS
TABLE 43 AQUAFEED MARKET SIZE FOR CRUSTACEANS, BY SUBTYPE, 2016–2019 (USD MILLION)
TABLE 44 MARKET SIZE FOR CRUSTACEANS, BY SUBTYPE, 2020–2025 (USD MILLION)
8.4 MOLLUSKS
8.4.1 OYSTERS AND MUSSELS ARE THE MOST WIDELY CULTURED GROUPS UNDER MOLLUSKS
TABLE 45 MARKET SIZE FOR MOLLUSKS, BY REGION, 2016–2019 (USD MILLION)
TABLE 46 MARKET SIZE FOR MOLLUSKS, BY REGION, 2020–2025 (USD MILLION)
8.4.2 OYSTERS
8.4.3 MUSSELS
8.4.4 OTHER MOLLUSKS
TABLE 47 AQUAFEED MARKET SIZE FOR MOLLUSKS, BY SUBTYPE, 2016–2019 (USD MILLION)
TABLE 48 MARKET SIZE FOR MOLLUSKS, BY SUBTYPE, 2020–2025 (USD MILLION)
8.5 OTHER SPECIES
TABLE 49 AQUAFEED MARKET SIZE FOR OTHER SPECIES, BY REGION, 2016–2019 (USD MILLION)
TABLE 50 MARKET SIZE FOR OTHER SPECIES, BY REGION, 2020–2025 (USD MILLION)
9 AQUAFEED MARKET, BY FORM (Page No. - 87)
9.1 INTRODUCTION
FIGURE 23 MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
TABLE 51 MARKET SIZE, BY FORM, BY REGION, 2016–2019 (USD MILLION)
TABLE 52 MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
9.2 DRY FORM
9.2.1 THE FREE-FLOWING STRUCTURE AND CONSISTENCY OF THE DRY AQUAFEED MAKES IT A PREFERRED FORM
TABLE 53 DRY AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 54 DRY AQUAFEED MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
9.3 WET FORM
9.3.1 THE WET FORM OF FEED IS USED TO MEET THE REQUIREMENTS OF CARNIVOROUS FISH
TABLE 55 WET AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 56 WET AQUAFEED: MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
9.4 MOIST FORM
9.4.1 THE MOIST FORM IS MORE PALATABLE TO AQUATIC ANIMALS DUE TO ITS SOFT CONSISTENCY
TABLE 57 MOIST AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 58 MOIST AQUAFEED: MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
10 AQUAFEED MARKET, BY LIFECYCLE (Page No. - 92)
10.1 INTRODUCTION
TABLE 59 FEED FORMULAE AND PROXIMATE COMPOSITION OF THE COMMONLY USED PELLET FEED FOR NILE TILAPIA
FIGURE 24 AQUAFEED MARKET SIZE, BY LIFECYCLE, 2020 VS. 2025 (USD MILLION)
TABLE 60 MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 61 MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
10.2 GROWER FEED
10.2.1 GROWER FEED IS ADMINISTERED TO MEET THE PROTEIN REQUIREMENTS OF SMALL FISH
TABLE 62 GROWER MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 63 GROWER MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
10.3 FINISHER FEED
10.3.1 PROTEIN LEVELS IN FINISHER FEED VARY BY DIFFERENT SHRIMP SPECIES
TABLE 64 FINISHER MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 65 FINISHER AQUAFEED MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
10.4 STARTER FEED
10.4.1 STARTER FEED AIDS IN IMPROVING THE DIGESTION AND NUTRITIONAL INTAKE OF SMALL AQUATIC ANIMALS
TABLE 66 STARTER AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 67 STARTER AQUAFEED: MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
10.5 BROODER FEED
10.5.1 BROODERS OUGHT TO RECEIVE NATURAL FOOD INGREDIENTS AND ARTIFICIAL FEEDS TO ENSURE BETTER REPRODUCTION
TABLE 68 BROODER AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 69 BROODER AQUAFEED MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
11 AQUAFEED MARKET, BY REGION (Page No. - 99)
11.1 INTRODUCTION
FIGURE 25 VIETNAM TO RECORD THE HIGHEST GROWTH RATE IN THE AQUAFEED MARKET DURING THE FORECAST PERIOD
TABLE 70 AQUAFEED MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 71 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
TABLE 72 MARKET SIZE, BY REGION, 2016–2019 (KT)
TABLE 73 MARKET SIZE, BY REGION, 2020–2025 (KT)
11.2 NORTH AMERICA
TABLE 74 NORTH AMERICA: AQUAFEED MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 75 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 76 NORTH AMERICA: MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 77 NORTH AMERICA: MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
TABLE 78 NORTH AMERICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 79 NORTH AMERICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 80 NORTH AMERICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 81 NORTH AMERICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
TABLE 82 NORTH AMERICA: MARKET SIZE, BY ADDITIVE, 2016–2019 (USD MILLION)
TABLE 83 NORTH AMERICA: AQUAFEED MARKET SIZE, BY ADDITIVE, 2020–2025 (USD MILLION)
TABLE 84 NORTH AMERICA: MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 85 NORTH AMERICA: AQUAFEED MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
TABLE 86 NORTH AMERICA: MARKET SIZE, BY FORM, 2016–2019 (USD MILLION)
TABLE 87 NORTH AMERICA: MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.2.1 US
11.2.1.1 Due to the restrictions related with Covid-19, the consumption of seafood products has
reduced in US, affecting the aquafeed market
TABLE 88 US: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 89 US: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 90 US: AQUAFEED: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 91 US: AQUAFEED: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.2.2 MEXICO
11.2.2.1 Government initiatives to promote the consumption of seafood to drive growth
TABLE 92 MEXICO: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 93 MEXICO: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 94 MEXICO: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 95 MEXICO: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.2.3 CANADA
11.2.3.1 Rise in market exports to promote the aquafeed market in the country
TABLE 96 CANADA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 97 CANADA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 98 CANADA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 99 CANADA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3 EUROPE
TABLE 100 EUROPE: AQUAFEED MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 101 EUROPE: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 102 EUROPE: MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 103 EUROPE: AQUAFEED MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
TABLE 104 EUROPE: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 105 EUROPE: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 106 EUROPE: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 107 EUROPE: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
TABLE 108 EUROPE: MARKET SIZE, BY ADDITIVE, 2016–2019 (USD MILLION)
TABLE 109 EUROPE: MARKET SIZE, BY ADDITIVE, 2020–2025 (USD MILLION)
TABLE 110 EUROPE: MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 111 EUROPE: MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
TABLE 112 EUROPE: MARKET SIZE, BY FORM, 2016–2019 (USD MILLION)
TABLE 113 EUROPE: MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.3.1 NORWAY
11.3.1.1 As a result of reduced harvest due to Covid-19, the demand for salmon feed products has affected aquafeed market in Norway
TABLE 114 NORWAY: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 115 NORWAY: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 116 NORWAY: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 117 NORWAY: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3.2 GREECE
11.3.2.1 Increase in seafood production to drive the market for aquafeed
TABLE 118 GREECE: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 119 GREECE: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 120 GREECE: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 121 GREECE: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3.3 UK
11.3.3.1 Rise in seafood consumption driving the market for aquafeed
TABLE 122 UK: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 123 UK: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 124 UK: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 125 UK: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3.4 RUSSIA
11.3.4.1 Government incentives are expected to propel the market for aquafeed
TABLE 126 RUSSIA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 127 RUSSIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 128 RUSSIA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 129 RUSSIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3.5 SPAIN
11.3.5.1 The country’s vast mollusk population drives the aquafeed market
TABLE 130 SPAIN: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 131 SPAIN: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 132 SPAIN: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 133 SPAIN: AQUAFEED MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.3.6 REST OF EUROPE
11.3.6.1 Growth in seafood production in the region is expected to drive growth
TABLE 134 REST OF EUROPE: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 135 REST OF EUROPE: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 136 REST OF EUROPE: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 137 REST OF EUROPE: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4 ASIA PACIFIC
FIGURE 26 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 138 ASIA PACIFIC: AQUAFEED MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 139 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 140 ASIA PACIFIC: MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 141 ASIA PACIFIC: MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
TABLE 142 ASIA PACIFIC: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 143 ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 144 ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 145 ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
TABLE 146 ASIA PACIFIC : MARKET SIZE, BY ADDITIVE, 2016–2019 (USD MILLION)
TABLE 147 ASIA PACIFIC: MARKET SIZE, BY ADDITIVE, 2020–2025 (USD MILLION)
TABLE 148 ASIA PACIFIC: MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 149 ASIA PACIFIC: AQUAFEED MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
TABLE 150 ASIA PACIFIC: MARKET SIZE, BY FORM, 2016–2019 (USD MILLION)
TABLE 151 ASIA PACIFIC: MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Growth in the aquaculture industry to propel the market growth for aquafeed
TABLE 152 CHINA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 153 CHINA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 154 CHINA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 155 CHINA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4.2 VIETNAM
11.4.2.1 Seafood forming: An important dietary requirement to drive growth
TABLE 156 VIETNAM: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 157 VIETNAM: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 158 VIETNAM: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 159 VIETNAM: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4.3 THAILAND
11.4.3.1 Rise in demand for exotic seafood products to drive the market for aquafeed
TABLE 160 THAILAND: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 161 THAILAND: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 162 THAILAND: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 163 THAILAND: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4.4 INDONESIA
11.4.4.1 Increase in production from freshwater aquaculture to drive growth
TABLE 164 INDONESIA AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 165 INDONESIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 166 INDONESIA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 167 INDONESIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4.5 INDIA
11.4.5.1 A shift toward intensive aquafarming is expected to propel market growth
TABLE 168 INDIA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 169 INDIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 170 INDIA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 171 INDIA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.4.6 REST OF ASIA PACIFIC
11.4.6.1 Seafood is considered a healthy dietary constituent to drive market growth
TABLE 172 REST OF ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 173 REST OF ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 174 REST OF ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 175 REST OF ASIA PACIFIC: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.5 SOUTH AMERICA
TABLE 176 SOUTH AMERICA: AQUAFEED MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 177 SOUTH AMERICA: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 178 SOUTH AMERICA: MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 179 SOUTH AMERICA: MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
TABLE 180 SOUTH AMERICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 181 SOUTH AMERICA AQUAFEED MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 182 SOUTH AMERICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 183 SOUTH AMERICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
TABLE 184 SOUTH AMERICA: MARKET SIZE, BY ADDITIVE, 2016–2019 (USD MILLION)
TABLE 185 SOUTH AMERICA: MARKET SIZE, BY ADDITIVE, 2020–2025 (USD MILLION)
TABLE 186 SOUTH AMERICA AQUAFEED MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 187 SOUTH AMERICA: MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
TABLE 188 SOUTH AMERICA: MARKET SIZE, BY FORM, 2016–2019 (USD MILLION)
TABLE 189 SOUTH AMERICA: MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.5.1 CHILE
11.5.1.1 Large fish farming areas and suitable climatic conditions aid market growth for aquafeed in the country
TABLE 190 CHILE: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 191 CHILE: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 192 CHILE: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 193 CHILE: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.5.2 BRAZIL
11.5.2.1 Favorable government opportunities formulated to propel aquaculture in the country
TABLE 194 BRAZIL: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 195 BRAZIL: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 196 BRAZIL: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 197 BRAZIL: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.5.3 REST OF SOUTH AMERICA
11.5.3.1 Increased demand for aquaculture products has been driving the demand for aquafeed products in the region
TABLE 198 REST OF SOUTH AMERICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 199 REST OF SOUTH AMERICA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 200 REST OF SOUTH AMERICA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 201 REST OF SOUTH AMERICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.6 REST OF THE WORLD
TABLE 202 ROW: AQUAFEED MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 203 ROW: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 204 ROW: MARKET SIZE, BY SPECIES, 2016–2019 (USD MILLION)
TABLE 205 ROW: MARKET SIZE, BY SPECIES, 2020–2025 (USD MILLION)
TABLE 206 ROW: MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 207 ROW: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 208 ROW: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 209 ROW: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
TABLE 210 ROW: AQUAFEED MARKET SIZE, BY ADDITIVE, 2016–2019 (USD MILLION)
TABLE 211 ROW: MARKET SIZE, BY ADDITIVE, 2020–2025 (USD MILLION)
TABLE 212 ROW: MARKET SIZE, BY LIFECYCLE, 2016–2019 (USD MILLION)
TABLE 213 ROW: MARKET SIZE, BY LIFECYCLE, 2020–2025 (USD MILLION)
TABLE 214 ROW: MARKET SIZE, BY FORM, 2016–2019 (USD MILLION)
TABLE 215 ROW: MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.6.1 AFRICA
11.6.1.1 Low development of aquaculture has led to a smaller market for aquafeed in the region
TABLE 216 AFRICA: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 217 AFRICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 218 AFRICA: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 219 AFRICA: MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
11.6.2 MIDDLE EAST
11.6.2.1 Rise in demand for value-added processed seafood products to drive market growth
TABLE 220 MIDDLE EAST: AQUAFEED MARKET SIZE, BY INGREDIENT, 2016–2019 (USD MILLION)
TABLE 221 MIDDLE EAST: MARKET SIZE, BY INGREDIENT, 2020–2025 (USD MILLION)
TABLE 222 MIDDLE EAST: MARKET SIZE, BY INGREDIENT, 2016–2019 (KT)
TABLE 223 MIDDLE EAST: AQUAFEED MARKET SIZE, BY INGREDIENT, 2020–2025 (KT)
12 COMPETITIVE LANDSCAPE (Page No. - 169)
12.1 OVERVIEW
12.2 COMPETITIVE LEADERSHIP MAPPING
12.2.1 DYNAMIC DIFFERENTIATORS
12.2.2 INNOVATORS
12.2.3 VISIONARY LEADERS
12.2.4 EMERGING COMPANIES
FIGURE 27 AQUAFEED MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 28 KEY DEVELOPMENTS OF LEADING PLAYERS IN THE AQUAFEED MARKET, 2013–2020
12.3 COMPETITIVE LEADERSHIP MAPPING (FOR START-UPS/SMES)
12.3.1 EMERGING LEADERS
12.3.2 STARTING BLOCKS
12.3.3 PROGRESSIVE COMPANIES
12.3.4 DYNAMIC CAPITALIZERS
FIGURE 29 AQUAFEED MARKET: COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES, 2019
12.4 COMPETITIVE SCENARIO
12.4.1 NEW PRODUCT LAUNCHES
TABLE 224 NEW PRODUCT LAUNCHES, 2013–2019
12.4.2 EXPANSIONS & INVESTMENTS
TABLE 225 EXPANSIONS & INVESTMENTS, 2013–2019
12.4.3 ACQUISITIONS
TABLE 226 ACQUISITIONS, 2013–2019
12.4.4 PARTNERSHIPS, JOINT VENTURES, COLLABORATIONS, AND AGREEMENTS
TABLE 227 PARTNERSHIPS, JOINT VENTURES, COLLABORATIONS, AND AGREEMENTS, 2013–2020
13 COMPANY PROFILES (Page No. - 178)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 ARCHER DANIELS MIDLAND COMPANY
FIGURE 30 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
FIGURE 31 SWOT ANALYSIS
13.2 CARGILL
FIGURE 32 CARGILL: COMPANY SNAPSHOT
FIGURE 33 SWOT ANALYSIS
13.3 RIDLEY CORPORATION LIMITED
FIGURE 34 RIDLEY CORPORATION LIMITED: COMPANY SNAPSHOT
FIGURE 35 SWOT ANALYSIS
13.4 NUTRECO
FIGURE 36 SWOT ANALYSIS
13.5 ALLTECH
FIGURE 37 SWOT ANALYSIS
13.6 PURINA ANIMAL NUTRITION
FIGURE 38 PURINA ANIMAL NUTRITION: COMPANY SNAPSHOT
13.7 NUTRIAD
13.8 ALLER AQUA A/S
13.9 BIOMIN
13.10 BIOMAR
13.11 NOREL ANIMAL NUTRITION
13.12 AVANTI FEEDS LIMITED
13.13 DE HEUS ANIMAL NUTRITION B.V
13.14 NOVUS INTERNATIONAL
13.15 BIOSTADT INDIA LIMITED
13.16 NK INGREDIENTS PTE LTD.
13.17 MARUBENI NISSHIN FEED CO., LTD.
13.18 MARVESA
13.19 BENEO
13.20 JAPFA COMFEED
FIGURE 39 JAPFA COMFEED: COMPANY SNAPSHOT
13.21 CPF PLC
FIGURE 40 CPF PLC: COMPANY SNAPSHOT
13.22 GROWEL FEEDS
13.23 SONAC
13.24 KENT FEEDS
13.25 LIFECIRCLE NUTRITION
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS (Page No. - 227)
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 FEED YEAST MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
FIGURE 41 FEED YEAST MARKET IS ESTIMATED TO HAVE A HIGH GROWTH DURING THE FORECAST PERIOD.
14.4 FEED YEAST MARKET, BY TYPE
14.4.1 INTRODUCTION
TABLE 228 FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 229 FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.5 FEED YEAST MARKET, BY REGION
14.5.1 NORTH AMERICA
TABLE 230 NORTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 231 NORTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.5.2 EUROPE
TABLE 232 EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 233 EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.5.3 ASIA PACIFIC
TABLE 234 ASIA PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 235 ASIA PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.5.4 SOUTH AMERICA
TABLE 236 SOUTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 237 SOUTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.5.5 REST OF THE WORLD (ROW)
TABLE 238 ROW: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 239 ROW: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.6 FEED ADDITIVES MARKET
14.6.1 LIMITATIONS
14.6.2 MARKET DEFINITION
14.6.3 MARKET OVERVIEW
FIGURE 42 FEED ADDITIVES MARKET PROJECTED TO WITNESS SIGNIFICANT DURING THE FORECAST PERIOD
14.6.4 FEED ADDITIVES MARKET SIZE, BY TYPE
TABLE 240 FEED ADDITIVES MARKET SHARE, BY TYPE, 2016-2023 (USD MILLION)
TABLE 241 FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.6.5 FEED ADDITIVES MARKET, BY LIVESTOCK
TABLE 242 FEED ADDITIVES MARKET SIZE, BY LIVESTOCK, 2016–2023 (USD MILLION)
TABLE 243 FEED ADDITIVES MARKET SIZE, BY LIVESTOCK, 2016–2023 (KT)
14.6.6 FEED ADDITIVES MARKET, BY FORM
TABLE 244 FEED ADDITIVES MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
14.6.7 FEED ADDITIVES MARKET, BY SOURCE
TABLE 245 FEED ADDITIVES MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
14.6.8 FEED ADDITIVES MARKET, BY REGION
TABLE 246 FEED ADDITIVES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 247 FEED ADDITIVES MARKET SIZE, BY REGION, 2016–2023 (KT)
14.6.8.1 North America
TABLE 248 NORTH AMERICA: FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
14.6.8.2 Europe
TABLE 249 EUROPE: FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
14.6.8.3 Asia Pacific
TABLE 250 ASIA PACIFIC: FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
14.6.8.4 South America
TABLE 251 SOUTH AMERICA: FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
14.6.8.5 Rest Of The World (row)
TABLE 252 ROW: FEED ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
15 APPENDIX (Page No. - 248)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major activities in estimating the aquafeed market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, animal feed organizations, regulatory bodies, trade directories, and databases.
Primary Research
The aquafeed market comprises several stakeholders, such as aquafeed manufacturers, suppliers, and feed additive manufacturers and traders in the supply chain. The demand side of this market is characterized by increasing seafood consumption and trade. The supply side is characterized by advancements in aquafeed ingredients and growing consumer preference for fishmeal alternatives in developed countries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Given below is the breakdown of the primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, such as manufacturers, institutions, and other intermediaries of aquafeed.
Report Objectives
- To describe and forecast the aquafeed market, in terms of ingredient, species, form, additive, lifecycle, and region
- To describe and forecast the market, in terms of value, by region–Asia Pacific, Europe, North America, South America, and the Rest of the World—along with their respective countries
- To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To study the complete value chain of aquafeed
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the aquafeed market
- To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze strategic approaches such as mergers & acquisitions, investments & divestments, expansions, product launches, agreements, collaborations and partnerships in the market
Target Audience:
- Aquafeed manufacturers and suppliers
- Aquafeed distributors, importers, and exporters
- Research institutions
- Government bodies
- Distributors
- End users (Aquafarms, aqua breeders, and seafood processors)
Available Customizations:
Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further country-wise breakdown of the market into Asia Pacific and Europe, based on site of operation
Company Information
- Detailed analysis and profiling of additional market players (Up to 5)
Growth opportunities and latent adjacency in Aquafeed Market