Scope of the Study
Aqua feed are prepared by mixing various raw materials and additives for specific aquatic species to provide them adequate nutrition. These feeds are fed to aquatic animals to develop immune resistant and promote growth. A better quality aqua feed is much more beneficial for fish, shrimp, and prawn than farm made due to their balanced and need specific composition. Owing to recent rise in consumption of aquatic animals across the world, manufactures are focusing on developing such feed which not only ensures nutrition requirement but helps aquatic animal fight against disease outbreaks.
The market study is being classified and major geographies with country level break-up.
CP Group (Thailand), Deepak Nexgen Feeds (India), Grobest (Taiwan), Tongwei Group (China), Cargill (United States), New Hope Group (China), Avanti Feeds (India), Uni-President Vietnam (Vietnam), Growel Feeds (India) and Malindo Feedmill (Indonesia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Proconco (Vietnam), Guangdong Haid Group (China), Nutreco (Netherlands), Laemthong (Thailand), GreenFeed (Vietnam), Thai Luxe (Thailand) and Betagro (Thailand).
Research Analyst at AMA predicts that Thai and Vietnamese Vendors will contribute to the maximum growth of Global Aqua Feed market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Aqua Feed market by Type, Application and Region.
On the basis of geography, the market of Aqua Feed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Aquatic Foods Owing to Health Benefits Associated with It
- Increasing Fish Farming and Aquaculture Trade
- Demand for Aqua Feed which Helps Cure Diseases
- Focus on Sustainable and Less Antibiotics Feed Production
- Growing Use of Antibiotics in Aquaculture
- Risk of Disease Outbreaks
- Growing Government Support to Enhance Aquaculture
- Innovations and Products Differentiation with Focus on Healthy Feed Production
- Maintaining Aqua Eco-systems Owing to Adverse Effect of Rapid Rise in Aquaculture
- Increasing Raw Materials Prices
Aquaculture in the United States of America is regulated at the federal and state level. The FDA of the Department of Health and Human Service (DHHS), the Department of Agriculture (USDA) and the Environmental Protection Agency, are the leading federal agencies that regulate aquaculture within the United States of America. At the federal level, aquaculture is defined in the National Aquatic Act of 1980 as the “propagation and rearing of aquatic species in controlled or selected environments, including but not limited to, ocean ranching (except Private Ocean ranching of Pacific salmon for profit in those States where such ranching is prohibited by law)”
Key Target AudienceAquafeed Manufacturers, Aquafeed Traders, Distributors, And Suppliers, Feed Additive Manufacturers, Associations And Industry Bodies, Government And Research Organizations, Agricultural Universities and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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