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Food AdditivesAnimal Feed

PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1318150

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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1318150

Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive and Region - Global Forecast to 2028

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Table of Contents

According to MarketsandMarkets, the aquafeed market is projected to reach USD 88.0 billion by 2028 from 61.8 billion by 2023, at a CAGR of 7.3% during the forecast period in terms of value. Growth in the aquafeed market has been aided by rising worldwide seafood consumption and rising consumer awareness of the quality of seafood products. Additionally, it is anticipated that an increase in per capita income, particularly in emerging countries, will support the expansion of the aquaculture and aquafeed industries. Long-term market expansion is anticipated to be constrained by rising raw material costs because the bulk of high-quality feed is made with fish meal and fish oil.

"By ingredients, fish meal segment is projected at a fastest during the forecast period."

Fishmeal is prepared by using wild-caught and small marine fish, which contain a high percentage of bones and oil. It is unsuitable for human consumption. It typically contains 60% to 72% protein; 5% to 12% fat; and a high content of EPA and DHA fatty acids more commonly referred to as Omega-3, vitamins, and minerals. The use of fishmeal in the diet of aquatic animals improves the overall efficiency of the feed and improves their growth, palatability, nutrition uptake, digestion, and absorption, thus driving the demand for fish meal in aquafeed market.

"By form, the dry segment is projected fastest during the forecast period."

The feed for fish is most commonly available in the form of pellets or granules, and usually contains moisture of approximately 7%-13%. Most aquafeed manufacturers adopt the use of the dry form of feed due to its free-flowing structure and ability to provide consistency. Dry feed has superior feed conversion ratios, which means that aquatic animals use the nutrients in the diet more effectively. As a result, the aquaculture species may perform better overall and grow at higher rates while spending less on feed. Companies are also coming up with new product launches, such as, in April 2023, MiAlgae, Scottish biotech company, launched NutrAlgae, an omega 3 powder which is a nutritious feed ingredient. It can be used as fish feed and pet food ingredient. The product has a high concentration of DHA and other oils. This is allowing new ingredient-based products thus driving the aquafeed market.

"By species, the fish segment is projected fastest during the forecast period."

The oldest and most popular type of aquaculture, or cultivation of aquatic animals, is fish farming. Fish-focused aquafeed is in high demand due to the vast farming of fish species like salmon, tilapia, carp, and catfish over a long period of time. In addition, fish are highly prized for the nutrients they contain, particularly the omega-3 fatty acids and premium protein. Due to this, there is a substantial market demand for farmed fish for both home and international use. Aquaculture producers depend on nutrient-balanced and species-specific aquafeed formulations to promote the development, health, and quality of farmed fish in order to meet this demand.

"By lifecycle, grower segment is projected in fastest during the forecast period."

Proteins are an important requirement for the growth of fish. The protein requirements are generally higher for fish, which are smaller in size and are at the early stages of life. As the fish grows larger, the protein requirements are usually lower. For optimum growth and development, small fish, such as fingerlings or juvenile fish, have nutritional needs. Grower feeds are designed to suit the nutritional requirements of small fish by delivering a well-balanced mix of proteins, carbs, fats, vitamins, and minerals. These feeds are made to promote the juvenile fish's skeletal development, overall wellbeing, and healthy growth. The nutritional requirements of small fish alter as they mature and develop to bigger sizes. By offering proper nutrient profile for their intermediate growth stages, grower feeds assist in bridging the nutritional gap between starter feeds and adult feeds. They act as a transitional diet that gets the fish ready for their eventual switch to adult feeds, which have various nutrient profiles.

"By additives, amino acids segment is projected in fastest during the forecast period."

Amino acids are important in animal nutrition and are the building blocks of protein, which play an essential role in the growth, production, and overall maintenance of aquatic animal health. They provide the energy required for the growth of muscles and bones for muscle movement, digestion, and blood circulation. Amino acids are essential for the effective utilization of other nutrients, including fats and carbs. Lack of certain amino acids in the diet could interfere with the metabolism and absorption of nutrients, thereby reducing feed efficiency and nutrient utilization. The optimization of nutrient utilization and the improvement of feed conversion into biomass are both aided by the supplementation of the lacking amino acids. Methionine, lysine, tryptophan, and threonine are the four types of amino acids widely used in animal feed. Tryptophan regulates the immune system, maintains health, increases appetite, and improves the growth rate and efficiency of feed.

"Asia Pacific will significantly contribute towards market growth during the forecast period."

The Asia Pacific region includes countries such as China, Indonesia, Vietnam, Thailand, India, and Rest of Asia Pacific. The region also accounted for the largest share of 63.5% in the global aquafeed market in 2022. According to a report published by FAO in 2022, Asia continued to dominate the global aquaculture production, with the production share of 70% in 2020, which is followed by Americas accounting 12% and then Europe having the share of 10%, and the rest of the aquaculture production is contributed by Africa and Oceania. China remained the major producer with a share of 35% of the total output. The expansion in the global aquaculture is also attributed to the large fishing fleet that Asian countries have, which is about two-thirds of the global total. Therefore, the expansion of the aquaculture sector in Asia Pacific drives the demand for aquafeed. The region has a significant share in global aquaculture production, and as the industry grows, there is a greater need for high-quality and sustainable aquafeed, which is anticipated to drive the aquafeed market in the region.

Break-up of Primaries:

By Company Type: Tier1-30%, Tier 2-30%, Tier 3- 40%

By Designation: CXOs-31%, Managers - 24%, and Executives- 45%

By Region: North America - 35%, Europe - 30%, Asia Pacific - 20%, South America-10%, RoW - 5%,

Leading players profiled in this report:

  • ADM (US)
  • Cargill, Incorpoarted (US)
  • Ridley Corporation Limited (Australia)
  • Nutreco (Netherlands)
  • Alltech (US)
  • Purina Animal Nutrition (US)
  • Adisseo (Belgium)
  • Aller Aqua A/S (Denmark)
  • Biomin (Austria)
  • Biomar (Denmark)
  • Norel Animal Nutrition (Spain)
  • Avanti Feeds Limited (India)
  • De Heus Animal Nutrition B.V (Netherlands)
  • Novus International (US)
  • Biostadt India Limited (India)

The study includes an in-depth competitive analysis of these key players in the Aquafeed market with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the aquafeed market based on species, additives, form, lifecycle, ingredients and regions. In terms of insights, this report has focused on various levels of analyses-the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global aquafeed market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aquafeed market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growth in aquaculture industry), restraints (Lack of awareness about modern feeding methods in developing countries), opportunities (Growth in support from governments), and challenges (Growth in environmental and human health concerns) influencing the growth of the aquafeed market.
  • Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the aquafeed market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the aquafeed market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aquafeed market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players include ADM (US), Cargill, Incorporated (US), Ridley Corporation Limited (Australia), Nutreco (Netherlands), and Alltech (US. The report also helps stakeholders understand the aquafeed market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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Product Code: AGI 2681

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • FIGURE 1 MARKET SEGMENTATION
    • 1.3.1 REGIONS COVERED
    • 1.3.2 INCLUSIONS & EXCLUSIONS
    • 1.3.3 YEARS CONSIDERED
  • 1.4 CURRENCY CONSIDERED
    • TABLE 1 USD EXCHANGE RATES, 2018-2022
  • 1.5 STAKEHOLDERS
  • 1.6 SUMMARY OF CHANGES
    • 1.6.1 RECESSION IMPACT ANALYSIS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 AQUAFEED MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
      • 2.1.2.2 Key industry insights
      • 2.1.2.3 Breakdown of primaries
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 APPROACH ONE: TOP-DOWN
    • FIGURE 3 AQUAFEED MARKET SIZE ESTIMATION - TOP-DOWN APPROACH
    • 2.2.2 APPROACH TWO: BOTTOM-UP
    • FIGURE 4 AQUAFEED MARKET SIZE ESTIMATION - BOTTOM-UP APPROACH
    • 2.2.3 AQUAFEED MARKET SIZE ESTIMATION: SUPPLY SIDE
    • FIGURE 5 AQUAFEED MARKET SIZE ESTIMATION (SUPPLY SIDE)
    • 2.2.4 AQUAFEED MARKET SIZE ESTIMATION: DEMAND SIDE
    • FIGURE 6 AQUAFEED MARKET SIZE ESTIMATION (DEMAND SIDE)
  • 2.3 DATA TRIANGULATION
    • FIGURE 7 DATA TRIANGULATION METHODOLOGY
  • 2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
    • 2.4.1 ASSUMPTIONS
    • TABLE 2 ASSUMPTIONS
  • 2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
  • 2.6 RECESSION IMPACT ON AQUAFEED MARKET
    • 2.6.1 MACRO INDICATORS OF RECESSION
    • FIGURE 8 INDICATORS OF RECESSION
    • FIGURE 9 WORLD INFLATION RATE: 2011-2021
    • FIGURE 10 GLOBAL GDP: 2011-2021 (USD TRILLION)
    • FIGURE 11 RECESSION INDICATORS AND THEIR IMPACT ON AQUAFEED MARKET
    • FIGURE 12 GLOBAL AQUAFEED MARKET: EARLIER FORECAST VS. RECESSION FORECAST

3 EXECUTIVE SUMMARY

    • TABLE 3 AQUAFEED MARKET SNAPSHOT (VALUE), 2023 VS. 2028
    • FIGURE 13 AQUAFEED MARKET SIZE, BY INGREDIENT, 2023 VS. 2028 (USD MILLION)
    • FIGURE 14 AQUAFEED MARKET SIZE, BY LIFECYCLE, 2023 VS. 2028 (USD MILLION)
    • FIGURE 15 AQUAFEED MARKET SIZE, BY FORM, 2023 VS. 2028 (USD MILLION)
    • FIGURE 16 AQUAFEED MARKET SIZE, BY ADDITIVE, 2023 VS. 2028 (USD MILLION)
    • FIGURE 17 AQUAFEED MARKET SIZE, BY SPECIES, 2023 VS. 2028 (USD MILLION)
    • FIGURE 18 AQUAFEED MARKET SHARE (VALUE), BY REGION, 2022

4 PREMIUM INSIGHTS

  • 4.1 BRIEF OVERVIEW OF AQUAFEED MARKET
    • FIGURE 19 INCREASING TRADE OF SEAFOOD TO PROPEL MARKET GROWTH
  • 4.2 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT AND COUNTRY
    • FIGURE 20 CHINA ACCOUNTED FOR LARGEST SHARE IN 2022
  • 4.3 AQUAFEED MARKET, BY LIFECYCLE AND REGION, 2022
    • FIGURE 21 GROWER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • 4.4 AQUAFEED MARKET, BY FORM
    • FIGURE 22 DRY FORM DOMINATED MARKET IN 2022
  • 4.5 AQUAFEED MARKET: MAJOR REGIONAL SUBMARKETS
    • FIGURE 23 CHINA DOMINATED MARKET IN 2022

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
    • FIGURE 24 GLOBAL POPULATION, 2010-2021
  • 5.2 MARKET DYNAMICS
    • FIGURE 25 AQUAFEED MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Growth in aquaculture industry
    • TABLE 4 GLOBAL AQUACULTURE PRODUCTION, 2013-2018 (MILLION TONNES)
      • 5.2.1.2 Rise in seafood trade to propel demand
      • 5.2.1.3 Increase in consumption of fish
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Lack of awareness about modern feeding methods in developing countries
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Growth in support from governments
      • 5.2.3.2 Development of innovative products as source of protein
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Growth in environmental and human health concerns
      • 5.2.4.2 Disease outbreaks and disease prevention measures

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
  • 6.2 VALUE CHAIN ANALYSIS
    • 6.2.1 RESEARCH AND DEVELOPMENT
    • 6.2.2 PROCUREMENT
    • 6.2.3 MANUFACTURING/PRODUCTION
    • 6.2.4 DISTRIBUTION
    • 6.2.5 MARKETING AND SALES
    • 6.2.6 END USER
    • FIGURE 26 AQUAFEED MARKET: VALUE CHAIN ANALYSIS
  • 6.3 PRICING ANALYSIS: AQUAFEED MARKET, BY INGREDIENT
    • TABLE 5 AVERAGE SELLING PRICE, BY INGREDIENT, 2018-2022 (USD/KT)
  • 6.4 ECOSYSTEM MAP
    • 6.4.1 AQUAFEED MARKET: ECOSYSTEM VIEW
    • 6.4.2 AQUAFEED MARKET MAP
      • 6.4.2.1 Upstream
        • 6.4.2.1.1 Aquafeed manufacturers
        • 6.4.2.1.2 Raw material providers
        • 6.4.2.1.3 Academia and research institutes
      • 6.4.2.2 Downstream
        • 6.4.2.2.1 Retailers and distributors
  • 6.5 TRENDS/DISRUPTIONS IMPACTING CONSUMER'S BUSINESS
    • FIGURE 27 REVENUE SHIFT FOR AQUAFEED MARKET
  • 6.6 PATENT ANALYSIS
    • FIGURE 28 REGIONAL ANALYSIS OF PATENTS GRANTED
    • FIGURE 29 ANALYSIS OF PATENTS GRANTED, 2012-2022
    • TABLE 6 KEY PATENTS PERTAINING TO DISINFECTANTS IN LIVESTOCK, 2022-23
  • 6.7 TRADE ANALYSIS
    • TABLE 7 KEY EXPORTING COUNTRIES OF AQUAFEED, 2022 (USD MILLION)
    • FIGURE 30 AQUAFEED EXPORT, BY KEY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 8 KEY IMPORTING COUNTRIES OF AQUAFEED, 2022 (USD MILLION)
    • FIGURE 31 AQUAFEED IMPORT, BY KEY COUNTRY, 2018-2022 (USD MILLION)
  • 6.8 TARIFF AND REGULATORY LANDSCAPE
    • 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 12 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.9 REGULATORY FRAMEWORK
    • 6.9.1 INTRODUCTION
    • 6.9.2 NORTH AMERICA
      • 6.9.2.1 US
      • 6.9.2.2 Canada
      • 6.9.2.3 Mexico
    • 6.9.3 EUROPE
    • 6.9.4 ASIA PACIFIC
      • 6.9.4.1 China
    • 6.9.5 JAPAN
      • 6.9.5.1 India
      • 6.9.5.2 Australia
    • 6.9.6 SOUTH AMERICA
      • 6.9.6.1 Brazil
  • 6.10 TECHNOLOGY ANALYSIS
    • 6.10.1 NUTRIENT ENCAPSULATION
    • 6.10.2 3 D PRINTING
  • 6.11 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 13 AQUAFEEDS MARKET: PORTER'S FIVE FORCES ANALYSIS
    • 6.11.1 INTENSITY OF COMPETITIVE RIVALRY
    • 6.11.2 BARGAINING POWER OF SUPPLIERS
    • 6.11.3 BARGAINING POWER OF BUYERS
    • 6.11.4 THREAT OF SUBSTITUTES
    • 6.11.5 THREAT OF NEW ENTRANTS
  • 6.12 KEY STAKEHOLDERS & BUYING CRITERIA
    • 6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
    • TABLE 14 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE TYPES OF AQUAFEED (%)
    • 6.12.2 BUYING CRITERIA
    • FIGURE 33 KEY BUYING CRITERIA FOR SPECIES
    • TABLE 15 KEY BUYING CRITERIA FOR TOP THREE TYPES OF AQUAFEED
  • 6.13 CASE STUDY
    • 6.13.1 AVANTI FEEDS LIMITED: REVOLUTIONIZING AQUAFEED INDUSTRY IN INDIA
    • TABLE 16 REVOLUTIONIZING INDIA'S AQUAFEED INDUSTRY: AVANTI FEEDS LIMITED'S COLLABORATIVE APPROACH AND TECHNOLOGICAL ADVANCEMENTS

7 AQUAFEED MARKET, BY ADDITIVE

  • 7.1 INTRODUCTION
    • FIGURE 34 AQUAFEED MARKET SIZE, BY ADDITIVE, 2023 VS. 2028 (USD MILLION)
    • TABLE 17 AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 18 AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
  • 7.2 AMINO ACIDS
    • 7.2.1 AMINO ACIDS TO OVERCOME DIETARY DEFICIENCIES AND DRIVE GROWTH
    • TABLE 19 AMINO ACIDS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 20 AMINO ACIDS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.3 VITAMINS & MINERALS
    • 7.3.1 VITAMINS TO AID IN MAINTAINANCE OF AQUATIC ANIMALS AND BOOST GROWTH
    • TABLE 21 VITAMINS & MINERALS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 22 VITAMINS & MINERALS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.4 PREBIOTICS & PROBIOTICS
    • 7.4.1 PROBIOTICS & PREBIOTICS TO REGULATE GUT HEALTH OF AQUATIC ANIMALS AND DRIVE GROWTH
    • TABLE 23 PREBIOTICS & PROBIOTICS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 24 PREBIOTICS & PROBIOTICS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.5 ENZYMES
    • 7.5.1 FEED ENZYMES TO AID IN NUTRIENT ABSORPTION AND DRIVE GROWTH
    • TABLE 25 ENZYMES: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 26 ENZYMES: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.6 ANTIBIOTICS
    • 7.6.1 INFECTIOUS DISEASES SUCH AS COLUMNARIS AND STREPTOCOCCAL INFECTIONS IN AQUATIC ANIMALS TO LEAD TO ADOPTION OF ANTIBIOTICS
    • TABLE 27 ANTIBIOTICS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 28 ANTIBIOTICS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.7 ANTIOXIDANTS
    • 7.7.1 RISE IN DEMAND FOR FISH FEED TO DRIVE GROWTH OF ANTIOXIDANTS AS ADDITIVE
    • TABLE 29 ANTIOXIDANTS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 30 ANTIOXIDANTS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 7.8 OTHER ADDITIVES
    • TABLE 31 OTHER ADDITIVES: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 32 OTHER ADDITIVES: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)

8 AQUAFEED MARKET, BY FORM

  • 8.1 INTRODUCTION
    • FIGURE 35 AQUAFEED MARKET SIZE, BY FORM, 2023 VS. 2028 (USD MILLION)
    • TABLE 33 AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 34 AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
  • 8.2 DRY FORM
    • 8.2.1 FREE-FLOWING STRUCTURE AND CONSISTENCY OF DRY AQUAFEED TO DRIVE GROWTH
    • TABLE 35 DRY FORM: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 36 DRY FORM: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 8.3 WET FORM
    • 8.3.1 WET FORM OF FEED TO MEET NUTRITIONAL REQUIREMENTS OF FISHES
    • TABLE 37 WET FORM: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 38 WET FORM: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 8.4 MOIST FORM
    • 8.4.1 MOIST FORM TO BE PALATABLE TO AQUATIC ANIMALS DUE TO ITS SOFT CONSISTENCY
    • TABLE 39 MOIST FORM: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 40 MOIST FORM: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)

9 AQUAFEED MARKET, BY INGREDIENT

  • 9.1 INTRODUCTION
    • FIGURE 36 AQUAFEED MARKET SIZE, BY INGREDIENT, 2023 VS. 2028 (USD MILLION)
    • TABLE 41 AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 42 AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 43 AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 44 AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
  • 9.2 SOYBEAN
    • 9.2.1 APPLICATION OF SOYBEAN FOR ANIMAL FEED TO BOOST MARKET
      • 9.2.1.1 Soybean meal
      • 9.2.1.2 Soy oil
      • 9.2.1.3 Soy lecithin
    • TABLE 45 SOYBEAN: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 46 SOYBEAN: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 47 SOYBEAN: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 48 SOYBEAN: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 9.3 FISH MEAL
    • 9.3.1 FISHMEAL TO IMPROVE FEED EFFICIENCY OF FISHES AND PRAWNS AND DRIVE GROWTH
    • TABLE 49 FISH MEAL: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 50 FISH MEAL: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 51 FISH MEAL: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 52 FISH MEAL: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 9.4 CORN
    • 9.4.1 USAGE OF CORN OIL AS LOW-COST ALTERNATIVE IN AQUACULTURE TO DRIVE GROWTH
      • 9.4.1.1 Corn gluten meal
      • 9.4.1.2 Corn gluten feed
      • 9.4.1.3 Corn oil
    • TABLE 53 CORN: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 54 CORN: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 55 CORN: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 56 CORN: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 9.5 FISH OIL
    • 9.5.1 NUTRIENT INFUSED OMEGA-3 FATTY ACIDS TO PROVIDE NUTRIENTS FOR SALMONIDS AND MARINE AND PROPEL GROWTH
    • TABLE 57 FISH OIL: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 58 FISH OIL: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 59 FISH OIL: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 60 FISH OIL: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 9.6 ADDITIVES
    • 9.6.1 GROWING DEMAND FOR HIGH-PROTEIN DIETS TO DRIVE GROWTH
    • TABLE 61 ADDITIVES: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 62 ADDITIVES: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 63 ADDITIVES: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 64 ADDITIVES: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 9.7 OTHER INGREDIENTS
    • TABLE 65 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 66 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 67 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 68 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2023-2028 (KT)

10 AQUAFEED MARKET, BY LIFECYCLE

  • 10.1 INTRODUCTION
    • FIGURE 37 AQUAFEED MARKET SIZE, BY LIFECYCLE, 2023 VS. 2028 (USD MILLION)
    • TABLE 69 AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 70 AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
  • 10.2 GROWER FEED
    • 10.2.1 GROWER FEED WITH NUTRIENT BALANCE OF PROTEINS, CARBS, AND FATS FOR FINGERLINGS TO BOOST MARKET
    • TABLE 71 GROWER FEED: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 72 GROWER FEED: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 10.3 FINISHER FEED
    • 10.3.1 FINISHER FEEDS TO ENHANCE PROTEIN INTAKE OF AQUATIC SPECIES
    • TABLE 73 FINISHER FEED: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 74 FINISHER FEED: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 10.4 STARTER FEED
    • 10.4.1 STARTER FEED TO IMPROVE DIGESTION AND NUTRITIONAL INTAKE OF SMALL AQUATIC ANIMALS
    • TABLE 75 STARTER FEED: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 76 STARTER FEED: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
  • 10.5 BROODER FEED
    • 10.5.1 BOTH NATURAL AND ARTIFICIAL FEEDS TO ENSURE BETTER REPRODUCTION IN BROODERS
    • TABLE 77 BROODER FEED: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 78 BROODER FEED: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)

11 AQUAFEED MARKET, BY SPECIES

  • 11.1 INTRODUCTION
    • FIGURE 38 AQUAFEED MARKET SIZE, BY SPECIES, 2023 VS. 2028 (USD MILLION)
    • TABLE 79 AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 80 AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
  • 11.2 FISH
    • 11.2.1 FISH AS ANIMAL PROTEIN TO DRIVE DEMAND FOR AQUAFEED INGREDIENTS AMONG ALL SPECIES
    • TABLE 81 FISH: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 82 FISH: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 11.2.2 TILAPIA
    • 11.2.3 SALMON
    • 11.2.4 CARP
    • 11.2.5 TROUT
    • 11.2.6 OTHER FISH SPECIES
    • TABLE 83 FISH: AQUAFEED MARKET, BY SUB-TYPE, 2018-2022 (USD MILLION)
    • TABLE 84 FISH: AQUAFEED MARKET, SUB-TYPE, 2023-2028 (USD MILLION)
  • 11.3 CRUSTACEANS
    • 11.3.1 GROWTH IN SHRIMP PRODUCTION TO BOOST AQUAFEED CONSUMPTION AMONG CRUSTACEANS
    • TABLE 85 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 86 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 11.3.2 SHRIMPS
    • 11.3.3 CRABS
    • 11.3.4 KRILLS
    • 11.3.5 OTHER CRUSTACEANS
    • TABLE 87 CRUSTACEANS: AQUAFEED MARKET, BY SUB-TYPE, 2018-2022 (USD MILLION)
    • TABLE 88 CRUSTACEANS: AQUAFEED MARKET, BY SUB-TYPE, 2023-2028 (USD MILLION)
  • 11.4 MOLLUSKS
    • 11.4.1 OYSTERS AND MUSSELS TO PROPEL GROWTH
    • TABLE 89 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 90 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 11.4.2 OYSTERS
    • 11.4.3 MUSSELS
    • 11.4.4 OTHER MOLLUSKS
    • TABLE 91 MOLLUSKS: AQUAFEED MARKET, BY SUB-TYPE, 2018-2022 (USD MILLION)
    • TABLE 92 MOLLUSKS: AQUAFEED MARKET, BY SUB-TYPE, 2023-2028 (USD MILLION)
  • 11.5 OTHER SPECIES
    • TABLE 93 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 94 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)

12 AQUAFEED MARKET, BY REGION

  • 12.1 INTRODUCTION
    • FIGURE 39 AQUAFEED MARKET, BY REGION, 2023 VS. 2028 (USD MILLION)
    • FIGURE 40 VIETNAM TO BE FASTEST GROWING REGION DURING FORECAST PERIOD
    • TABLE 95 AQUAFEED MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 96 AQUAFEED MARKET, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 97 AQUAFEED MARKET, BY REGION, 2018-2022 (KT)
    • TABLE 98 AQUAFEED MARKET, BY REGION, 2023-2028 (KT)
  • 12.2 NORTH AMERICA
    • TABLE 99 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 100 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 101 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 102 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
    • TABLE 103 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 104 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 105 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 106 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • TABLE 107 NORTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 108 NORTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
    • TABLE 109 NORTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 110 NORTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
    • TABLE 111 NORTH AMERICA: AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 112 NORTH AMERICA: AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
    • 12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
    • FIGURE 41 INFLATION: COUNTRY-LEVEL DATA (2018-2021)
    • FIGURE 42 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2022
    • 12.2.2 US
      • 12.2.2.1 Increasing aquaculture production and consumption to drive growth
    • TABLE 113 US: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 114 US: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 115 US: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 116 US: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.2.3 MEXICO
      • 12.2.3.1 Government initiatives to promote consumption of seafood and drive growth
    • TABLE 117 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 118 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 119 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 120 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.2.4 CANADA
      • 12.2.4.1 Rise in market exports to promote aquafeed market
    • TABLE 121 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 122 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 123 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 124 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
  • 12.3 EUROPE
    • FIGURE 43 EUROPE: AQUAFEED MARKET SNAPSHOT, 2022
    • TABLE 125 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 126 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 127 EUROPE: AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 128 EUROPE: AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
    • TABLE 129 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 130 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 131 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 132 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • TABLE 133 EUROPE: AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 134 EUROPE: AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
    • TABLE 135 EUROPE: AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 136 EUROPE: AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
    • TABLE 137 EUROPE: AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 138 EUROPE: AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
    • 12.3.1 EUROPE: RECESSION IMPACT ANALYSIS
    • FIGURE 44 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017-2021
    • FIGURE 45 EUROPE: RECESSION IMPACT ANALYSIS, 2022
    • 12.3.2 NORWAY
      • 12.3.2.1 Research and development activities related to aquafeed to drive growth
    • TABLE 139 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 140 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 141 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 142 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.3.3 GREECE
      • 12.3.3.1 Increase in seafood production to boost growth
    • TABLE 143 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 144 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 145 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 146 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.3.4 UK
      • 12.3.4.1 Rise in seafood consumption coupled with aquaculture trading to propel growth
    • TABLE 147 UK: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 148 UK: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 149 UK: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 150 UK: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.3.5 RUSSIA
      • 12.3.5.1 Government initiatives to propel market
    • TABLE 151 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 152 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 153 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 154 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.3.6 SPAIN
      • 12.3.6.1 Seafood trading with other countries along with country's vast mollusk population to raise demand
    • TABLE 155 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 156 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 157 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 158 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.3.7 REST OF EUROPE
    • TABLE 159 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 160 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 161 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 162 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
  • 12.4 ASIA PACIFIC
    • FIGURE 46 ASIA PACIFIC: AQUAFEED MARKET SNAPSHOT, 2022
    • FIGURE 47 CHINA PROJECTED TO GROW FASTEST DURING FORECAST PERIOD
    • TABLE 163 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 164 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 165 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 166 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
    • TABLE 167 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 168 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 169 AISA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 170 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • TABLE 171 ASIA PACIFIC: AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 172 ASIA PACIFIC: AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
    • TABLE 173 ASIA PACIFIC: AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 174 ASIA PACIFIC: AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
    • TABLE 175 ASIA PACIFIC: AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 176 ASIA PACIFIC: AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
    • 12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
    • FIGURE 48 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017-2021
    • FIGURE 49 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2022
    • 12.4.2 CHINA
      • 12.4.2.1 Growth in aquaculture industry to propel market growth
    • TABLE 177 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 178 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 179 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 180 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.4.3 VIETNAM
      • 12.4.3.1 Increased production and trading of shrimps and other seafood products to boost market
    • TABLE 181 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 182 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 183 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 184 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.4.4 THAILAND
      • 12.4.4.1 Rise in demand for exotic seafood products to drive market
    • TABLE 185 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 186 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 187 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 188 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.4.5 INDONESIA
      • 12.4.5.1 Maintenance of wellbeing of aquatic animals to drive demand for aquafeed
    • TABLE 189 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 190 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 191 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 192 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.4.6 INDIA
      • 12.4.6.1 Shift toward intensive aquafarming to propel market growth
    • TABLE 193 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 194 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 195 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 196 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.4.7 REST OF ASIA PACIFIC
      • 12.4.7.1 Seafood to be healthy dietary constituent and drive growth
    • TABLE 197 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 198 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 199 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 200 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
  • 12.5 SOUTH AMERICA
    • 12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
    • FIGURE 50 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017-2021
    • FIGURE 51 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2022
    • TABLE 201 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 202 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 203 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 204 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
    • TABLE 205 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 206 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 207 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 208 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • TABLE 209 SOUTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 210 SOUTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
    • TABLE 211 SOUTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 212 SOUTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
    • TABLE 213 SOUTH AMERICA: AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 214 SOUTH AMERICA: AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
    • 12.5.2 CHILE
      • 12.5.2.1 Suitable climatic conditions in large fish farms to drive growth
    • TABLE 215 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 216 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 217 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 218 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.5.3 BRAZIL
      • 12.5.3.1 Favorable government opportunities formulated to propel growth
    • TABLE 219 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 220 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 221 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 222 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.5.4 REST OF SOUTH AMERICA
    • TABLE 223 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 224 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 225 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 226 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
  • 12.6 REST OF THE WORLD (ROW)
    • 12.6.1 RECESSION IMPACT ANALYSIS, REST OF THE WORLD (ROW)
    • FIGURE 52 ROW: INFLATION RATES, BY KEY COUNTRY, 2018-2021
    • FIGURE 53 ROW: RECESSION IMPACT ANALYSIS, 2022
    • TABLE 227 ROW: AQUAFEED MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 228 ROW: AQUAFEED MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 229 ROW: AQUAFEED MARKET, BY SPECIES, 2018-2022 (USD MILLION)
    • TABLE 230 ROW: AQUAFEED MARKET, BY SPECIES, 2023-2028 (USD MILLION)
    • TABLE 231 ROW: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 232 ROW: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 233 ROW: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 234 ROW: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • TABLE 235 ROW: AQUAFEED MARKET, BY ADDITIVE, 2018-2022 (USD MILLION)
    • TABLE 236 ROW: AQUAFEED MARKET, BY ADDITIVE, 2023-2028 (USD MILLION)
    • TABLE 237 ROW: AQUAFEED MARKET, BY LIFECYCLE, 2018-2022 (USD MILLION)
    • TABLE 238 ROW: AQUAFEED MARKET, BY LIFECYCLE, 2023-2028 (USD MILLION)
    • TABLE 239 ROW: AQUAFEED MARKET, BY FORM, 2018-2022 (USD MILLION)
    • TABLE 240 ROW: AQUAFEED MARKET, BY FORM, 2023-2028 (USD MILLION)
    • 12.6.2 AFRICA
      • 12.6.2.1 Lack of infrastructure and poor access to market to decrease aquaculture activity
    • TABLE 241 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 242 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 243 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 244 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)
    • 12.6.3 MIDDLE EAST
      • 12.6.3.1 Rise in demand for value-added processed seafood products to drive growth
    • TABLE 245 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (USD MILLION)
    • TABLE 246 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (USD MILLION)
    • TABLE 247 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2018-2022 (KT)
    • TABLE 248 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2023-2028 (KT)

13 COMPETITIVE LANDSCAPE

  • 13.1 OVERVIEW
  • 13.2 MARKET SHARE ANALYSIS, 2022
    • TABLE 249 AQUAFEED MARKET: DEGREE OF COMPETITION
  • 13.3 STRATEGIES ADOPTED BY KEY PLAYERS
    • TABLE 250 STRATEGIES ADOPTED BY KEY PLAYERS
  • 13.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS
    • FIGURE 54 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2018-2022 (USD BILLION)
  • 13.5 COMPANY EVALUATION MATRIX (KEY PLAYERS)
    • 13.5.1 STARS
    • 13.5.2 EMERGING LEADERS
    • 13.5.3 PERVASIVE PLAYERS
    • 13.5.4 PARTICIPANTS
    • FIGURE 55 AQUAFEED MARKET: COMPANY EVALUATION MATRIX, 2022 (KEY PLAYERS)
    • 13.5.5 PRODUCT FOOTPRINT
    • TABLE 251 COMPANY FOOTPRINT, BY SPECIES
    • TABLE 252 COMPANY FOOTPRINT, BY FORM
    • TABLE 253 COMPANY FOOTPRINT, BY REGION
    • TABLE 254 OVERALL, COMPANY FOOTPRINT
  • 13.6 AQUAFEED MARKET, EVALUATION MATRIX FOR STARTUPS/SMES, 2022
    • 13.6.1 PROGRESSIVE COMPANIES
    • 13.6.2 STARTING BLOCKS
    • 13.6.3 RESPONSIVE COMPANIES
    • 13.6.4 DYNAMIC COMPANIES
    • FIGURE 56 AQUAFEED MARKET: COMPANY EVALUATION MATRIX, 2022 (STARTUPS/SMES)
    • 13.6.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
    • TABLE 255 AQUAFEED MARKET: DETAILED LIST OF KEY STARTUPS/SMES
    • TABLE 256 AQUAFEED MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • 13.7 COMPETITIVE SCENARIO
    • 13.7.1 PRODUCT LAUNCHES
    • TABLE 257 AQUAFEED MARKET: PRODUCT LAUNCHES
    • 13.7.2 DEALS
    • TABLE 258 AQUAFEED MARKET: DEALS
    • 13.7.3 OTHERS
    • TABLE 259 AQUAFEED MARKET: OTHERS

14 COMPANY PROFILES

  • (Business overview, Products/Solutions/Services offered, Recent developments & MnM View)**
  • 14.1 KEY PLAYERS
    • 14.1.1 ADM
    • TABLE 260 ADM: BUSINESS OVERVIEW
    • FIGURE 57 ADM: COMPANY SNAPSHOT
    • TABLE 261 ADM: PRODUCTS OFFERED
    • TABLE 262 ADM: PRODUCT LAUNCHES
    • TABLE 263 ADM: DEALS
    • TABLE 264 ADM: OTHERS
    • 14.1.2 CARGILL, INCORPORATED
    • TABLE 265 CARGILL, INCORPORATED: BUSINESS OVERVIEW
    • FIGURE 58 CARGILL, INCORPORATED: COMPANY SNAPSHOT
    • TABLE 266 CARGILL, INCORPORATED: PRODUCTS OFFERED
    • TABLE 267 CARGILL, INCORPORATED: OTHERS
    • 14.1.3 RIDLEY CORPORATION LIMITED
    • TABLE 268 RIDLEY CORPORATION LIMITED: BUSINESS OVERVIEW
    • FIGURE 59 RIDLEY CORPORATION LIMITED: COMPANY SNAPSHOT
    • TABLE 269 RIDELY CORPORATION LIMITED: PRODUCTS OFFERED
    • TABLE 270 RIDELY CORPORATION LIMITED: DEALS
    • TABLE 271 RIDLEY CORPORATION LIMITED: OTHERS
    • 14.1.4 NUTRECO
    • TABLE 272 NUTRECO: BUSINESS OVERVIEW
    • TABLE 273 NUTRECO: PRODUCTS OFFERED
    • TABLE 274 NUTRECO: DEALS
    • 14.1.5 ALLTECH
    • TABLE 275 ALLTECH: BUSINESS OVERVIEW
    • TABLE 276 ALLTECH: PRODUCTS OFFERED
    • TABLE 277 ALLTECH: DEALS
    • 14.1.6 PURINA ANIMAL NUTRITION
    • TABLE 278 PURINA ANIMAL NUTRITION: BUSINESS OVERVIEW
    • TABLE 279 PURINA ANIMAL NUTRITION: PRODUCTS OFFERED
    • 14.1.7 ADISSEO
    • TABLE 280 ADISSEO: BUSINESS OVERVIEW
    • TABLE 281 NUTRIAD: PRODUCTS OFFERED
    • 14.1.8 ALLER AQUA A/S
    • TABLE 282 ALLER AQUA A/S: BUSINESS OVERVIEW
    • TABLE 283 ALLER AQUA/S: PRODUCTS OFFERED
    • TABLE 284 ALLER AQUA A/S: DEALS
    • 14.1.9 BIOMIN
    • TABLE 285 BIOMIN: BUSINESS OVERVIEW
    • TABLE 286 BIOMIN: PRODUCTS OFFERED
    • 14.1.10 BIOMAR
    • TABLE 287 BIOMAR: BUSINESS OVERVIEW
    • TABLE 288 BIOMAR: PRODUCTS OFFERED
    • TABLE 289 BIOMAR: DEALS
    • 14.1.11 NOREL ANIMAL NUTRITION
    • TABLE 290 NOREL ANIMAL NUTRITION: BUSINESS OVERVIEW
    • TABLE 291 NOREL ANIMAL NUTRITION: PRODUCTS OFFERED
    • TABLE 292 NOREL ANIMAL NUTRITION: DEALS
    • 14.1.12 AVANTI FEEDS LIMITED
    • TABLE 293 AVANTI FEEDS LIMITED: BUSINESS OVERVIEW
    • FIGURE 60 AVANTI FEEDS LIMITED: COMPANY SNAPSHOT
    • TABLE 294 AVANTI FEEDS LIMITED: PRODUCTS OFFERED
    • TABLE 295 AVANTI FEEDS LIMITED: OTHERS
    • 14.1.13 DE HEUS ANIMAL NUTRITION B.V
    • TABLE 296 DE HEUS ANIMAL NUTRITION B.V: BUSINESS OVERVIEW
    • TABLE 297 DE HEUS ANIMAL NUTRITION B.V: PRODUCTS OFFERED
    • TABLE 298 DE HEUS ANIMAL NUTRITION B.V: OTHERS
    • 14.1.14 NOVUS INTERNATIONAL
    • TABLE 299 NOVUS INTERNATIONAL: BUSINESS OVERVIEW
    • TABLE 300 NOVUS INTERNATIONAL: PRODUCTS OFFERED
    • 14.1.15 BIOSTADT INDIA LIMITED
    • TABLE 301 BIOSTADT INDIA LIMITED: BUSINESS OVERVIEW
    • TABLE 302 BIOSTADT INDIA LIMITED: PRODUCTS OFFERED
  • 14.2 OTHER PLAYERS/STARTUPS/SMES
    • 14.2.1 THE WATERBASE LIMITED
    • TABLE 303 THE WATERBASE LIMITED: BUSINESS OVERVIEW
    • TABLE 304 THE WATERBASE LIMITED: PRODUCTS OFFERED
    • 14.2.2 MARUBEIN NISSHIN FEED CO., LTD
    • TABLE 305 MARUBEIN NISSHIN FEED CO., LTD: BUSINESS OVERVIEW
    • TABLE 306 MARUBEIN NISSHIN FEED CO., LTD: PRODUCTS OFFERED
    • 14.2.3 MARVESA
    • TABLE 307 MARVESA: BUSINESS OVERVIEW
    • TABLE 308 MARVESA: PRODUCTS OFFERED
    • 14.2.4 BENEO
    • TABLE 309 BENEO: BUSINESS OVERVIEW
    • TABLE 310 BENEO: PRODUCTS OFFERED
    • 14.2.5 JAPFA COMFEED
    • TABLE 311 JAPFA COMFEED: BUSINESS OVERVIEW
    • TABLE 312 JAPFA COMFEED: PRODUCTS OFFERED
    • 14.2.6 CPF PLC
    • 14.2.7 GROWEL FEEDS
    • 14.2.8 SONAC
    • 14.2.9 KENT FEEDS
    • 14.2.10 LIFECIRCLE NUTRITION
  • *Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.

15 ADJACENT & RELATED MARKETS

  • 15.1 INTRODUCTION
  • 15.2 COMPOUND FEED MARKET
    • 15.2.1 LIMITATIONS
    • 15.2.2 MARKET DEFINITION
    • 15.2.3 MARKET OVERVIEW
    • 15.2.4 COMPOUND FEED MARKET, BY INGREDIENT
    • TABLE 313 COMPOUND FEED MARKET SIZE, BY INGREDIENT, 2018-2027 (USD MILLION)
    • 15.2.5 COMPOUND FEED MARKET, BY REGION
    • TABLE 314 COMPOUND FEED MARKET SIZE, BY REGION, 2018-2027 (USD MILLION)
  • 15.3 AQUACULTURE PRODUCTS MARKET
    • 15.3.1 LIMITATIONS
    • 15.3.2 MARKET DEFINITION
    • 15.3.3 MARKET OVERVIEW
    • 15.3.4 AQUACULTURE MARKET, BY SPECIES
    • TABLE 315 AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2019-2027 (USD MILLION)
    • 15.3.5 AQUACULTURE MARKET, BY REGION
    • TABLE 316 AQUACULTURE PRODUCT MARKET SIZE, BY REGION, 2019-2027 (USD MILLION)

16 APPENDIX

  • 16.1 DISCUSSION GUIDE
  • 16.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 16.3 CUSTOMIZATION OPTIONS
  • 16.4 RELATED REPORTS
  • 16.5 AUTHOR DETAILS
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