Aquafeed Plays a Crucial Role in Commercial Aquaculture Industry

Aquafeed Introduction:
Fish feed provides balanced nutrition to the fish and plays a significant role in the commercial aquaculture industry. The aquafeed is available in various forms including pellets, granular, powder and liquid and acts as an essential element in the growth of fish. Nutritional additives and ingredients such as cereal grains, vitamins, minerals, and protein are added to the aquafeed products to promote the overall growth and health of the fish. Moreover, aquafeed meals are prepared by the composition of various raw materials on the basis of age and types of aquatic species.

Download Sample Copy Here

Aquafeed Market

The Aquafeed market is primarily driven due to increasing import & export and demand for fish globally. Moreover, raising awareness of fish as a part of the healthy & nutritional diet and increasing research and development in the field of aquaculture is anticipated to fuel the aquafeed market during the projected period. Additionally, the significant shift of the people toward fish farming in developed and developing economies further propel the growth of the market. The key factor restraining the growth of aquafeed market includes strict government policies & regulation and increasing prices of raw material.

The global Aquafeed market is segmented on the basis of ingredients, additives, and end users. On the basis of ingredients the global aquafeed market is segmented into soybean, corn, fish meal, fish oil, and others. Based on additives, the global aquafeed market is bifurcated into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifier, and others. On the basis of end users, the aquafeed market is classified into fish, mollusks, crustaceans, and others.

The List of Top 10 Aquafeed Companies:

1. Aller Aqua Group
2. Alltech
3. Archer Daniels Midland Company
4. BioMar Group
5. Biostadt India Limited
6. Cargill, Incorporated
7. Nutreco N. V
8. Nutriad International NV
9. Purina Animal Nutrition LLC
10. Ridley Corporation Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.