DUBLIN--(BUSINESS WIRE)--The "Aquafeed - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Aquafeed market accounted for $114.2 billion in 2017 and is expected to reach $289.94 billion by 2026 growing at a CAGR of 10.9%.
Some of the factors favouring the market growth are increasing demand for seafood trading, rising consumer awareness about good quality seafood products, easy availability of fish meal. However, growing raw material prices, stringent environmental regulations about fishing is restricting the market.
In addition, increasing government initiatives to support aquaculture, rising disposable incomes in developing countries are some of the major opportunities during the forecast period.
By Additives, feed acidifiers have acquired the largest market growth. The demand for feed acidifiers is growing as they increase gastric acids levels in animals which further enhance their digestion system and this acid also kills harmful bacteria in the gastro intestinal tract.
On the other hand, carp feed is witnessing huge growth due to the fact that carps provide high amounts of proteins which consist of low fat levels and are rich in omega-3 fatty acids.
Europe is expected to witness largest market growth due to rising income levels of middle class people, growing fish consumption due to high protein diets are some of the factors favouring towards the growth of Aquafeed in Europe region.
Key Topics Covered
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porter's Five Forces Analysis
5 Global Aquafeed Market, By Function
6 Global Aquafeed Market, By Ingredient
7 Global Aquafeed Market, By Form
8 Global Aquafeed Market, By Additive
9 Global Aquafeed Market, By End-User
10 Global Aquafeed Market, By Geography
11 Key Developments
12 Company Profiling
- Nutreco N.V
- Aller Aqua A/S
- Archer Daniels Midland Company
- DE Heus Animal Nutrition
- Purina Animal Nutrition (Land O'Lakes Inc.)
- Avanti Feeds Limited
- Biomin Holding GmbH
- Cargill
- Biostadt India Limited
- Ridley Corporation Limited
- Norel Animal Nutrition
- Alltech.
- Dibaq A.S
- Nutriad
- Biomar
For more information about this report visit https://www.researchandmarkets.com/research/7sxsjr/aquafeed_the?w=4