DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rpmpqh/global_aquafeed) has announced the addition of the "Global Aquafeed Market - Trends And Forecasts (2015-2020)" report to their offering.
Global Aquafeed market is estimated to grow at a CAGR of 3.4%, from a $30 Billion industry in 2015 to becoming a $30.7 Billion by 2020.
With globally increasing demand for fish and fish based products, compound feed demand in the aquatic animal's food industry is also expected to increase at a CAGR of 2.1% in terms of volume for the period of 2014 to 2020.
By 2020 it is expected that more than 50% of the global fish supplies will come from fish farms. With limited availability of marine feed resources and rising global demand for fish, the fish farming trend is expected to increase, driving the market for compound feed. Food safety concerns are promoting fish farming because farmed fish offer a higher level of food security, since the entire life cycle has been rigorously controlled.
The Asia-Pacific market, although accounting for a significant share of the overall market, is expected to be relatively unexplored, primarily due to the low level of organization in the fish industry. Unlike developing nations in Asia and Latin America, developed regions of the world (Western Europe and U.S.) have low population growth rates and have attained high level of urbanization; their demand for aquatic animals compound feed is limited because of relative less production.
- Biomar A/S
- Coppens International Bv
- Aller Aqua A/S
- Beneo - Animal Nutrition
- Ewos Group
- Geelen Counterflow
- Norel Animal Nutrition
- Ridley Corporation
- Nutriad International NV
- Hanpel Tech Co. Ltd
Key Topics Covered:
2. Key Findings of the Study
3. Global Aquafeed Market - Overview
4. Market Analysis
5. Share of Aqua feed in Global Compound Feed Market
6. Geographical Segmentation (Market Sizes - Volume/Value, CAGR)
7. The future of the industry-Expert View
8. Key players profiles
For more information visit http://www.researchandmarkets.com/research/rpmpqh/global_aquafeed