Aquatic Food Ingredients Market Size, Analytical Overview, Growth Factors, Demand and Trends
The
information pertaining to the Aquatic Food Ingredients market is sourced from
credible outlets, including websites, company annual reports, and reputable
journals. Market experts then validate this data. The report encompasses major
players, such as manufacturers, suppliers, distributors, traders, customers,
investors, and various types and applications within the Aquatic Food
Ingredients market.
Prominent
participants in the Aquatic Food Ingredients market are actively engaged in
strategic activities like product launches, joint ventures, developments,
mergers, and acquisitions, which significantly impact not only the market but
also the broader Agriculture and Animal Feed Industry. These actions influence
factors like sales, import, export, revenue, and Compound Annual Growth Rate
(CAGR). The dependable Aquatic Food Ingredients market analysis report sheds
light on critical market dynamics within the sector.
The
Aquatic Food Ingredients market study includes a market
attractiveness analysis, wherein each segment is evaluated based on its market
size, growth rate, and overall appeal. The report considers factors such as
market type, organization size, deployment (on-premises or cloud-based), end-users'
organization type, and geographical availability in regions such as North
America, South America, Europe, Asia-Pacific, and Middle East & Africa. It
also delves into the demand patterns for the products, determining whether this
demand is steady or seasonal.
The
comprehensive information provided in the Aquatic Food Ingredients report
assists businesses in understanding how factors like patents, licensing
agreements, and legal constraints impact the production and sale of their
products.
In
the forecast period spanning from 2021 to 2028, the Aquatic Food Ingredients market is poised for a growth
rate of around 6.80% and is anticipated to achieve a market value of USD 76.47
billion by 2028. The report from Data Bridge Market Research offers an in-depth
analysis and insights into the factors that are expected to be influential
throughout the forecast period and their effects on the market's expansion. The
increasing trend of people directly consuming seafood is a significant driver
propelling the growth of the Aquatic Food Ingredients market.
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Driver:
The Aquatic Food Ingredients market is experiencing
substantial growth, primarily driven by several key factors. One of the primary
drivers is the increasing demand for aquatic products among consumers, coupled
with a growing trend of direct human consumption of seafood. Additionally,
there is a rising demand for animal by-products such as shrimp meals, squid
meals, and fish meals in feed applications. Fish is highly valued for direct
human consumption due to its rich source of proteins and vitamins and its
comparably low fat content when compared to other types of meat, like beef and
poultry. These factors are significantly boosting the Aquatic Food Ingredients
market's expansion.
The market is also influenced by the increasing
availability of a variety of fish products in the retail market, consumer
preferences for diverse flavors, and a growing need for superior-quality
aquatic products. Furthermore, the surge in global animal feed production,
consumer preferences for a healthy lifestyle, the growth of the aquaculture
industry, increased seafood trade, and the growing importance of animal
nutrition all contribute positively to the growth of the Aquatic Food
Ingredients market.
Innovations in product development as alternative
sources of protein, advancements in formulations, and government support are
providing lucrative opportunities for Aquatic Food Ingredients market players
in the forecast period from 2021 to 2028.
However, the market does face challenges, including
fluctuations in ingredient prices such as corn, soybean, and oil, which can
hinder its growth. Environmental and human health concerns and adverse weather
conditions are also expected to pose challenges to the Aquatic Food Ingredients
market in the forecast period from 2021 to 2028.
Some key players mentioned in the report are:
Alltech, BioMar, Cargill, Incorporated, Ridley
Corporation Limited, Aller Aqua, BENEO, Cermaq, Norel S.A, BIOMIN, ADM, Avanti
Feeds Ltd., Calanus AS, AKER BIOMARINE ANTARCTIC AS, Nutreco, Purina Animal
Nutrition LLC, De Heus Animal Nutrition, NOVUS INTERNATIONAL, Biostadt, NK
Ingredients, Marvesa, BENEO
Key Insights that Study is going to
provide:
·
The 360-degree Aquatic Food Ingredients overview based on a
global and regional level
·
Market Share & Sales Revenue by Key Players &
Emerging Regional Players
·
A separate chapter on Market Entropy to gain insights on
Leaders aggressiveness towards market [Merger & Acquisition / Recent
Investment and Key Developments]
·
May vary depending upon availability and feasibility of data
with respect to Industry targeted
·
Patent Analysis** No of patents / Trademark filed in recent
years.
·
A complete and useful guide for new market aspirants
·
Forecast information will drive strategic, innovative and
profitable business plans and SWOT analysis of players will pave the way for
growth opportunities, risk analysis, investment feasibility and recommendations
·
Various Aquatic Food Ingredients industry leading players are
studied with respect to their company profile, product portfolio, capacity,
price, cost, and revenue.
Key Market Segmentation:
By
Type (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed), Form (Dry, Wet,
Moist, Others), Ingredient (Animal By-Product, Grain By-Product, Oils and Fat,
Additives, Others), Application (Carp, Rainbow Trout, Salmon, Crustaceans,
Tilapia, Catfish, Seabass, Groupers, Others)
The
countries covered in the Global Aquatic Food Ingredients Market report are U.S., Canada
and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland,
Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,
India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,
Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi
Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of
South America as part of South America.
Table of Contents:
Executive
Summary
Market
Landscape
Market
Sizing
Five
Forces Analysis
Market
Segmentation by End-user
Customer
Landscape
Geographic
Landscape
Key
leading countries
Vendor
Landscape
Vendor
Analysis
Appendix
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