Aqua Feed Manufacturers to Benefit from Growing Demand for Aquaculture Products

Transparency Market
Research

Aqua Feed Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 - 2019

Published Date
01-04-2014

88 Page Report

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Press Release
Global Aqua Feed Market to Expand at 11.40% CAGR from 2013 to 2019
owing to Growing Consumption of Fish

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Aqua Feed Market

REPORT DESCRIPTION

For high-quality livestock, the quality of feed demands the utmost importance in an animal production
system. The fact holds true in the aquatic farming scenario too. With the growing demand for fish and
other aquatic animals for food and as pets, the significance of nutritional food for them is rising
considerably. Aquaculture farmers are increasingly demanding for high-quality nutritious feed for aquatic
animals in order to optimize their production without compromising on their health and, consequently,
their quality.
The global aqua feed market is highly driven by the rising trend of species-specific diet formulations. The
market, which stood at US$57.7 bn in 2012, is likely to report a CAGR of 11.40% during the period from
2013 to 2019, and reach US$122.6 bn by the end of 2019, finds a new report by Transparency Market
Research (TMR).
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Researchers at TMR answer important queries about the global aqua feed market in this blog post:
What are the key driving forces behind the significant rise in the demand for aqua feed?
Of late, the demand for aquatic animals, particularly fishes, has been witnessing a rise for consumption
purposes, thanks to the high nutritional value and cost benefits they offer. The increasing production of fish
and other aquatic animals to meet this...