Global Aquafeed Market Report by Fishmeal & Fish Oil
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- Date Submitted: 04/15/2016 02:17 AM
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Bharat Book Bureau provides the report, on “Aquafeed Market by Ingredients Fishmeal & Fish Oil Global Trends & Forecasts to 2021”. This report, help to gain insights about the major countries/regions in which the aquafeed market is flourishing. https://www.bharatbook.com/agriculture-market-research-reports-420176/aquafeed-ingredients-aquatic-animal-fishmeal-region-global-trends-forecasts.html
15th April, 2016- Mumbai, India: Bharatbook.com announces a report on “Aquafeed Market by Ingredients Fishmeal & Fish Oil Global Trends & Forecasts to 2021”. This report also provides wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.
Aquafeed market projected to grow at a CAGR of 10.8%
The aquafeed market, estimated at USD 90.96 billion in 2015, is projected to grow at a CAGR of 10.8% to reach USD 168.23 billion by 2021. The market is driven by factors such as growing demands for increasing consumption of aquaculture products and advancement in aquafeed manufacturing processes & technologies leading to novel varieties. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.
Shrimp aquafeed accounted for the largest market share in 2015
Among the aquatic animal types of aquafeed—which include, carp, shrimp, crustaceans, mollusks, and others (eels, cyprinids, and others freshwater fishes)—shrimp equipment accounted for the largest market share, followed by mollusks in 2015. Carp & crustaceans are projected to grow at the highest CAGR due to the demand for premium-range high-quality sea-food products by worldwide customers.
Soybean leads the aquafeed market with the largest share of ingredients
On the basis of ingredients, the aquafeed market is led by the soybean segment, followed by fishmeal. Corn is the fastest growing ingredient used in the aquafeed products across the globe followed by fish oil, particularly in the...
15th April, 2016- Mumbai, India: Bharatbook.com announces a report on “Aquafeed Market by Ingredients Fishmeal & Fish Oil Global Trends & Forecasts to 2021”. This report also provides wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.
Aquafeed market projected to grow at a CAGR of 10.8%
The aquafeed market, estimated at USD 90.96 billion in 2015, is projected to grow at a CAGR of 10.8% to reach USD 168.23 billion by 2021. The market is driven by factors such as growing demands for increasing consumption of aquaculture products and advancement in aquafeed manufacturing processes & technologies leading to novel varieties. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.
Shrimp aquafeed accounted for the largest market share in 2015
Among the aquatic animal types of aquafeed—which include, carp, shrimp, crustaceans, mollusks, and others (eels, cyprinids, and others freshwater fishes)—shrimp equipment accounted for the largest market share, followed by mollusks in 2015. Carp & crustaceans are projected to grow at the highest CAGR due to the demand for premium-range high-quality sea-food products by worldwide customers.
Soybean leads the aquafeed market with the largest share of ingredients
On the basis of ingredients, the aquafeed market is led by the soybean segment, followed by fishmeal. Corn is the fastest growing ingredient used in the aquafeed products across the globe followed by fish oil, particularly in the...