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Lucintel Forecasts The Global Sinking Pellet Market To Grow With A Cagr Of 5.2% From 2024 To 2030

According to a market report by Lucintel, the future of the global sinking pellet market looks promising with opportunities in the aquaculture, pond and lake management, aquarium, and research and conservation markets. The global sinking pellet market is expected to grow with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing adoption of sinking pellets for efficient feed delivery, growing preference for high-protein diets in aquaculture, and rising adoption of regulations governing fishing practices, environmental protection, and food safety.
A more than 150-page report to understand trends, opportunity and forecast in global sinking pellet market to 2030 by type (slow sinking pellet, fast sinking pellet, and neutral sinking pellet), application (aquaculture, pond and lake management, aquariums, and research and conservation), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, slow sinking pellet is expected to witness the highest growth over the forecast period.
Within the application category, aquaculture ...
... is expected to witness the highest growth.
Download sample by clicking on sinking pellet market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Hikari, Omega One, New Life Spectrum, Tetra, Fluval, API, Aqueon, NorthFin, Cobalt Aquatics, Cargill are the major suppliers in the sinking pellet market.
This unique research report 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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