What’s Driving The AquaFeed Market Growth 2019? Key Players Are: Alpha Feed, BioMar, Guangdong Evergreen Feed, Grobest, Ridley, Aller Aqua-MAZZ Home
Market competition is intens. Tongwei Group, Guangdong Haid Group, Nutreco are the leaders of industry, and hold the key technologies and patents, with high-end customer. They have formed global market channel of the industry. However, with the future expanding marketing, there will be more manufacturers in the future. The worldwide market for AquaFeed is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 50800 million US$ in 2024, from 39900 million US$ in 2019
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Seafood is the preferred meat type in the Asia-Pacific countries such as China, Indonesia, and the Philippines. The expanding middle-class population in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term. A variety of fish, prawns, lobsters, and crabs are abundantly available in these countries and form an integral part of the diet as they are an important source of high-quality protein and contain many vitamins and minerals. Fish contain omega-3 fatty acids, which are heart-friendly and helps in brain development and reproduction. They are a primary food source in many countries. Aquaculture has the potential of producing large quantities for a relatively lower cost as compared to ruminants, fowl, or swine. With limited availability of marine feed resources and rising global demand for fish, aquaculture, particularly fish farming is expected to increase, driving the market for aqua feed. Food safety concerns are also promoting fish farming as they offer a higher level of food security. The restraining factors include high levels of mercury and other accumulated toxins found in seafood.
AquaFeed Market Segment by Top Key Companies, this report covers:
- New Hope Group
- Yuehai Feed
- Alpha Feed
- Dibaq Aquaculture
- Uni-President Vietnam
- Aller Aqua
- Avanti Feeds
- Gold Coin and more………
AquaFeed Market Segment by Type covers:
– Premix Feed
– High-End Extruded Feed
– Aquatic Feed
AquaFeed Market Segment by Applications can be divided into:
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe AquaFeed product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of AquaFeed, with price, sales, revenue and global market share of AquaFeed in 2017 and 2018.
Chapter 3, the AquaFeed competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the AquaFeed breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, AquaFeed market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe AquaFeed sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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