Fish Feed Market is going to be worth $106 Billion By 2018. The report " Aqua feed market By End Consumption (Fish, Crustaceans, Mollusks, Others), By Additives, (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers , Others), By Geography: Global Trends & Forecasts To 2018 "defines and segments the global Aquafeeds market with analysis of current demand and forecasted consumption in terms of volume and revenue. It also identifies the driving and restraining factors for the global fish feeds market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented by end consumption of aqua feeds and additives. The market revenue is forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). On the basis of significant contribution to overall demand, key countries have been covered and forecasted for each region. Browse 119 market data tables with 24 figures spread through 232 pages and in-depth TOC on Aqua feed Market By End Consumption (Fish, Crustaceans, Mollusks, Others), By Additives, (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers , Others), By Geography: Global Trends & Forecasts To 2018.
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Aqua feeds is aquaculture demand driven industry. A rapid increase in aquaculture has emphasized feed production for cultured species. Aquaculture uses either commercial or farm made feeds. Commercially made feeds contain combination of various raw materials providing almost all the necessary nutrients to the fish. These feeds are processed in order to enhance the appearance and to increase the solubility and longevity of the feeds. The fish feeds market is driven by the associated advantages such as increase yield, safe environment and better quality of fish. Other positive factors driving the demand of the industry include growth in Aquaculture industry, increased consumption of sea food, flexibility to use raw materials depending on availability and increasing income of middle class population in developing nations. However, the rising cost of essential raw materials like fish meal and fish oil is the major obstacle in growth of the market. One of the key restraining factors for Aqaufeeds market is the high product cost associated with these. Growth is particularly high in countries such as China, Vietnam, and Ecuador because of increasing awareness levels on increasing yield and high efficiency of aquafeeds which result in high-quality produce.
The global market for Fish feeds was estimated to be worth around $55,685 million in 2012 and is expected to reach $106,695.7 million by 2018, growing at the CAGR of 12.1% from 2013 to 2018. Leading manufacturers are focusing on expansion of the respective businesses across regions and setting up new manufacturing plants to ramp up production capacities and broaden overall product line. Major industry participants are involved in new product launches and collaborations to penetrate in untapped markets of Asia and Latin America. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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[232 Pages Report] Fish Feeds Market Report categorizes the Market by End Consumption (Fish Feeds, Tilapia, Carp, Salmon), by Additives (Ant...