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Pellet Form Is Expected To Remain The Largest Segment In The Global Aquafeed Market
An exciting new study from the team of Lucintel found that aquafeed market is expected to reach $84.2 billion by 2027 with a CAGR of 5.3%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The aquafeed market is segmented based on product form, ingredient, species, and region. In this market, pellet form is expected to remain the largest product form, and soybean meal segment is expected to remain the largest ingredient. Players can benefit from the available opportunities like rising disposable incomes, rising aquaculture production, and various government initiatives to increase production of certified sustainable seafood is further accelerating the requirement of aquafeed in the region.
Increasing use of soy protein, growing adoption of nutritious-system feeding concept, and introduction of advanced process technologies for micro feed production are emerging trends having impact ...
... on dynamics of the industry.
Cargill, Inc., Archer Daniels Midland Company, Alltech Inc., Nutreco N.V., BioMar Group, Charoen Pokphand Foods Public Company Limited, Ridley Corporation, Purina Animal Nutrition, Avanti Feeds, and Aller Aqua A/S are some of the major players profiled in this 242 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the aquafeed market by product form (pellete, extruded, powdered, and liquid form), ingredient (soybean meal, fish meal, fish oil, corn meal, vegetable oil, source of carbohydrates and binders, additives (vitamins, antibiotics, antioxidants, amino acids, feed enzymes, feed acidifiers, and others), and others), species (fish, crustaceans, and mollusks), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the aquafeed market?
Q.4 What are some changing demands of customers in the aquafeed market?
Q.5 What are the new developments in the aquafeed market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this aquafeed area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this aquafeed market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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