Syndicated Research Studies

Aquafeed Market Growth & Trends The global aquafeed market size is expected to reach USD 102.3 billion by 2030, registering a CAGR of 4.4% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising consumption of aquafeed by species like carp, catfish, salmon, and shrimps, among others due to its rich protein content. The future of the global market is dependent on the increasing acceptance of aquafeed, which contains essential oils, feed acidifiers, natural extracts, and palatants, which are important for aquaculture species in their overall growth across each stage of development. The widespread fish mortality due to various infections, which are caused by parasites is driving the product demand. These feed products are consumed by various fish species, such as catfish, salmon, trout, tilapia, shrimps, largemouth bass, and eel. Gather more insights about the market drivers, restrains and growth of the Aquafee...

Report Overview The global aquafeed market size was valued at USD 72.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The product demand is anticipated to be driven by its increasing consumption in the cultivation of various aquatic species, such as tilapia, carp, catfish, and salmon. The global industry is highly fragmented owing to the presence of many players, such as BioMar Group, Cargill, Inc., and Charoen Pokphand Foods PCL. These market players are focused on mergers & acquisitions, partnerships, portfolio expansions, and collaborations to strengthen their presence in the value chain. For instance, Cargill has recently launched a new line of plant-based aquafeed called “Ewos Naturligvis” in Norway. The product is made from sustainable ingredients, such as wheat, soy, and corn, and it is designed to provide optimal nutrition to fish while minimizing the environmental impact. The industry is expected to witness ...

Aquafeed Market Growth & Trends The global  aquafeed market  size is expected to reach USD 102.3 billion by 2030, registering a CAGR of 4.4% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising consumption of aquafeed by species like carp, catfish, salmon, and shrimps, among others due to its rich protein content. The future of the global market is dependent on the increasing acceptance of aquafeed, which contains essential oils, feed acidifiers, natural extracts, and palatants, which are important for aquaculture species in their overall growth across each stage of development. The widespread fish mortality due to various infections, which are caused by parasites is driving the product demand. These feed products are consumed by various fish species, such as catfish, salmon, trout, tilapia, shrimps, largemouth bass, and eel. Gather more insights about the market drivers, restrains and growth of...