DUBLIN--(BUSINESS WIRE)--The "Global Aqua Feed Market - Segmented by Animal Type, Ingredients, and Geography - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
With the globally increasing demand for fish and fish-based products, the compound feed demand in the aquatic animal food industry is also expected to increase. The growth is particularly high in emerging countries, such as China, India, and Brazil, owing to the increasing income levels due to expanding the middle class and increasing demand for seafood in these countries. The Asia-Pacific market though, accounts for a significant share in the overall market, is relatively unexplored, owing to the low level of organizing in the industry.
The world's aquafeed business is highly fragmented, and global players like Cargill compete with a lot of regional feed producers. Around 35% of the aquafeed market is divided among four global companies, none of which has more than a 12% market share.
Stringent Regulations in Developed Countries is Expected to Restrain the Market Growth: The animal feed production comes under feedstuff regulations in most countries. Disparities in regulations have adverse effects on the global fish and aqua feed trade, especially between developed and developing economies. Regulatory initiatives are posing challenges for existing feed products, and increasing the price of new feed development.
Recent Developments
- October 2017: Epicore, a company operating in the North American and South American aquaculture market with specialization in the manufacture of larval feed and probiotics, was acquired by Neovia.
Key Topics Covered
1. Introduction
2. Research methodology
3. Executive Summary
4. Market Overview and Trends
5. Market Dynamics
6. Global Aqua Feed Market Segmentation
7. Competitive Landscape
8. Company Profiles
- Alltech Inc.
- Aller Aqua A/S
- Biomar A/S
- Skretting
- Cargill Incorporated
- Nutreco N.V.
- Ridley Corporation
- Archer Daniels Midland Co.
- Hanpel Tech Co. LTD
- Nutriad International
For more information about this report visit https://www.researchandmarkets.com/research/fg6x2q/global_aqua_feed?w=4
