According to the report “Asia-Pacific Aqua feed Market” published by Market Data Forecast, the Asia-Pacific market is projected to reach $48.83 billion by 2021 from $27.09 billion in 2016 with CAGR of 12.50% from 2016 to 2021.
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Aqua feed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. All the minerals vitamins and amino acids are healthy for heart and fasten brain development and enhance reproduction. Aqua feed is a combination of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture.
Most portions of fish produced are used in human consumption while other portion is used for feed purpose. The end consumers of Aqua feed are fish, molluscs, crustaceans etc. Fish production is mainly from capture and aquaculture. Fish have various species like Carp, Salmon, Catfish and Tilapia
The growth factors of this market are increase in fish consumption, increase in mass production of fishes and increase in population which increase the demand for fish food. Also lack of marine feed supply resources contributes to growth of market. Increase in awareness of masses regarding protein content in fish food has fueled the growth of market. China dominates the market with a share of more than 60%.
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- By End Use
- By Additives
- By Geography
Some of the major companies dominating this market are Cargill, Inc., Nutreco N.V., Alltech Inc., AllerAqua A/S, Beneo GmbH, Biomar A/S, Charoen Pokphand Foods Public Company Limited, and Coppens International B.V.
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The Asia-Pacific Aqua feed Market study offers following deliverables:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
Checkout other related studies in the Animal Feed Segment:
Compound Feed Market: http://www.marketdataforecast.com/market-reports/global-compound-feed-market-345/
Feed Additives Market: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/
Poultry Feed Premix Market: http://www.marketdataforecast.com/market-reports/global-poultry-feed-premix-market-596/
Pet Food Nutraceuticals Market: http://www.marketdataforecast.com/market-reports/global-pet-food-nutraceuticals-market-1334/
Feed Phytogenic Market: http://www.marketdataforecast.com/market-reports/global-feed-phytogenics-market-1256/
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