Aquafeed market to grow by 6.23% YoY in 2021 | Driven by frequent launches of innovative ingredient products

New York, May 19, 2022 /PRNewswire/ — Aquafeed market will grow $21.68 billion From 2020 to 2025, in CAGR of 6.92% According to Technavio’s latest marketing report. The aquaculture feed market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market. Aller Aqua AS, Alltech Inc., Archer Daniels Midland Co., Avanti Feeds Ltd., BRF SA, Cargill Inc., Charoen Pokphand Foods PCL, Land O Lakes Inc., Nutreco NV and Schouw and Co. are some of the major market players.

Technavio has released its latest market research report titled

Technavio has released its latest market research report titled “Aquaculture Feed Market by Product and Geography – Forecast and Analysis 2021-2025”

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Aquaculture Feed Market 2021-2025: Scope

Our Aquaculture Feed Market report covers the following areas:

Aquaculture Feed Market 2021-2025: Drivers and Challenges

The growth of the global aquafeed market is driven by the following factors Increasing number of new product launches with innovative ingredients. Regional and global suppliers are focused on using healthier oils and other raw materials when manufacturing aquafeed products. Therefore, frequent product launches will positively drive market demand.

However, Unstable prices of aquafeed raw materials and additives It will become a major challenge for the aquafeed market. Soybeans, corn, fishmeal, fish oil, rice, wheat, etc. are some of the most commonly used ingredients in aquaculture feeds. The prices of these ingredients have been highly volatile over the past few years, which in turn has adversely affected the price of global aquaculture feeds. The main additives used to improve the quality and value of aquafeed are amino acids, antibiotics, vitamins and minerals, feed acidulants, etc. Prices of various aquafeed additives have also changed significantly over the past few years, resulting in price instability in the global aquafeed market.

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Aquafeed Market 2021-2025: Segmentation Analysis

Aquaculture Feed Market 2021-2025: Revenue Generating Segment and Regional Analysis

  • this Aquafeed Market share growth fish feed segment will be significant for revenue generation. Increasing production of aquaculture products such as fish and increasing investment in new fisheries development globally are the major factors driving the growth of the fish feed products segment.

  • 42% of market growth will come from Asia-Pacific during the forecast period. ChinaVietnam and India It is the main market for aquafeed in the Asia-Pacific region. Market growth in this region will be faster than that in North America and MEA.

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Competitive Scenarios Offered Aquafeed Market The report analyzes, evaluates and positions companies based on various performance metrics. Some of the factors considered in this analysis include the company’s financial performance over the past few years, growth strategies, product innovations, new product launches, investments, market share gains, and more.Don’t wait, strategize and drive your business goals with our Aquafeed Market Forecast report – Buy it now!

Aquaculture Feed Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will contribute to the growth of the aquafeed market over the next five years

  • Estimation of aquafeed market size and its contribution to the parent market

  • Predictions of upcoming trends and changes in consumer behavior

  • Growth of the Aquafeed Market

  • To analyze the market competition landscape and vendor details

  • Comprehensive details of factors that will challenge the growth of aquaculture feed market vendors

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Aquafeed Market Scope

Report Scope

detail

page number

120

base year

2020

forecast period

2021-2025

Growth Momentum and CAGR

Accelerating at a CAGR of 6.92%

Market Growth 2021-2025

$21.68 billion

market structure

fragmentization

Year-on-year growth (%)

6.23

Executive Market Contribution

Asia Pacific 42%

Competitive Landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Company Profile

Aller Aqua AS, Alltech Inc., Archer Daniels Midland Co., Avanti Feeds Ltd., BRF SA, Cargill Inc., Charoen Pokphand Foods PCL, Land O Lakes Inc., Nutreco NV and Schouw and Co.

Market dynamics

Parent Market Analysis, Market Growth Inducers and Barriers, Fast-Growing and Slow-Growing Segments Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Situation Analysis During the Forecast Period,

Custom permissions

If our report does not contain the data you are looking for, you can contact our analysts and customize the segmentation.

content:

executive Summary

Market structure

  • Market Ecosystem

  • Value Chain Analysis

market size

Five Forces Analysis

Market Segmentation by Product

  • marketing department

  • Compare by Product

  • Fish Feed – Market Size and Forecast 2020-2025

  • Mollusc Feed – Market Size and Forecast 2020-2025

  • Crustacean Feed – Market Size and Forecast 2020-2025

  • Other Aquafeed – Market Size and Forecast 2020-2025

  • Market Opportunities by Product

customer landscape

geographical landscape

  • Geographic segmentation

  • geographic comparison

  • Asia Pacific – Market Size and Forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market Size and Forecast 2020-2025

  • major leading countries

  • Market Opportunities by Geography

  • market driving force

  • market challenges

  • market trend

Supplier landscape

  • Overview

  • Supplier landscape

  • landscape damage

Supplier Analysis

  • Covered Suppliers

  • Market positioning of suppliers

  • Philharmonic AS

  • Alltech

  • Archer Daniels Midland Company

  • Avanti Feed Co., Ltd.

  • BRF SA

  • Cargill

  • Charoen Pokphand Foods PCL

  • Land O Lakes Inc.

  • Nutreco NV

  • Shure

appendix

about us

Technavio is the world’s leading technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Technavio’s report library has more than 500 professional analysts with more than 17,000 reports and counts covering 800 technologies and spanning 50 countries. Their customer base includes businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

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technical research
Jesse Maida
Head of Media and Marketing
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e-mail: [email protected]
website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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