Aqua Feed Additives Market - Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029

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Aqua Feed Additives Market - Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029

Status : July, 2020 | Food and Beverages | PPT format

Report Digest

Aqua Feed Additives: Market Outlook

Fish is considered as an important source of the proteins and vitamins for the human body. The fish is one of the best   of meat for human consumption as it contains the lower fat level than any other type of meal. The fish meat consumption has various health benefits such as a lower risk of cardiovascular diseases, and it also reduces the flat level in the human body which ultimately reduces the risks that are associated with obesity. The consumer’s preference for the consumption of the fish has shown the varying patterns in the past few years. These various factors are affecting the consumption pattern of the consumers which includes the availability of a variety of fish in the market, and changes in eating habits due to the changing lifestyle of the consumers. The increasing awareness about the health benefits of fish consumption among consumers has boosted the demand for aqua feed additives in the global market.

The proteins are considered as the best supplements that are useful in reducing fats. The aquaculture also witnessing the increasing demand for protein as an additive ingredient in the aqua feed. The aqua feed additives also contain antibiotics that prevent the fish from any occurrence of bacterial diseases. But the use of antibiotics has witnessed the harmful effects on the human body and hence use of antibiotics as a feed additive in the aqua feed is banned in many countries across the globe.

Increasing Demand for Protein is Driving the Global Aqua Feed Additives Market

The awareness about the consumption of high nutritional food and its health benefits has increased the demand for the proteins across the globe. The consumer from the emerging countries in regions like South Asia and East Asia are opting for the proteins from the animal sources. This is expected to boost the demand for the fish meat and ultimately lead to a surge in the aqua feed additives market.

The manufacturers are focusing on the technological advancement in the amino acids nutritional technology. The application of amino acids nutritional technology is useful in constructing the environmental-oriented and functional aqua feed. The governments in the various countries are regulating the aqua feed and aqua feed additives and the strengthen regulation on reducing nitrogen level in the aqua feed is also anticipated to boost the aqua feed additives market across the globe.

Global Aqua Feed Additives Market: Market Segmentation

On the basis of Form, the global aqua feed additives market has been segmented as,

  • Dry
  • Wet
  • Moist

On the basis of Species, the global aqua feed additives market has been segmented as,

  • Tilapia
  • Catfish
  • Sea Bass
  • Trout
  • Shrimps
  • Salmon
  • Mollusks
  • Crabs
  • Others

On the basis of Type, the global aqua feed additives market has been segmented as,

  • Vitamins
  • Minerals
  • Proteins
  • Enzymes
  • Antibiotics
  • Probiotics
  • Acidifiers
  • Others

Global Aqua Feed Additives Market: Market Participants

The market participants in the global aqua feed additives market identified across the value chain include Cargill Incorporated, Altech, Nutreco N.V., Archer Daniels Midland Company, Purina Animal Nutrition, and Ridley Corporation Ltd among the other manufacturers in the aqua feed additives market.

Opportunities for the Market Participants in the Global Aqua Feed Additives Market

The aqua feed additives market is driven by various factors such as, growing fish meat consumption and increasing processed seafood products across the globe. The demand for efficient and high-quality aqua feed is increasing due to the growth in the aquaculture industry across the globe. This has ultimately increased the demand for high-quality aqua feed additives for the aquaculture across the globe.

The emerging countries from regions like South Asia and East Asia have an increasing number of leading countries in the aquaculture industry. The demand for high-quality seafood form these regions have expected to boost the market for high-quality aqua feed additives. The countries like China, India, Indonesia and other countries in these regions have an increasing demand for aqua feed additives owing to the flourishing aquaculture industry in the Asia Pacific region. These regions are the next potential market for the manufacturers of aqua feed additives. The manufacturers also have lucrative opportunities in these untapped markets as the aquaculture industry is growing at the exponential rate in these regions.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.