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Aquafeed Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2024
Length 164 Pages
SKU # FOB18819831

Description

Aquafeed Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Aquafeed Market

The global aquafeed market size stood at USD 64.06 billion in 2023 and is likely to grow from USD 67.50 billion in 2024 to USD 112.27 billion by 2032 at a CAGR of 6.57% during the forecast period from 2024 to 2032.

The COVID-19 outbreak disrupted international industries, inflicting supply chain interruptions, manufacturing shutdowns, and difficult paintings shortages.These movements halted feed manufacturing, as factories faced challenges in sourcing materials and hard work, impacting the market significantly.

The aquafeed market growth is driven by means of the growing consumption of seafood and developing consumer expenditure on fish-associated merchandise like fish oil, meal, and silage. This surge in aquaculture manufacturing, fueled by the multiplied demand for animal protein in developed economies and expanding seafood trade globally, is anticipated to seriously propel the marketplace boom in the coming years.

The aquafeed market trend highlights a rising interest in organic fish production, emphasizing chemical-free methods and animal welfare. Increased consumer preference for organic food drives the demand for organic feed, fostering market growth as the industry moves towards sustainable and humane aquaculture practices.

Comprehensive Analysis of AquafeedMarket

Segmentation in the Aquafeed market share is driving the market because it allows companies to target unique consumer groups with tailored services and answers. Aquafeed comes in different types for various aquatic animals like fish, crustaceans, and mollusks. Ingredients vary, including soybean, fishmeal, corn, and additives. Aquafeed also differs in form, either dry or wet. This segmentation helps understand the diverse needs in the market.

Asia Pacific leads the aquafeed marketplace due to its high fish production fee. With a sizable percentage of worldwide aquaculture, the area's booming enterprise and growing demand for aquafeed make a contribution to its prominence inside the market.

Key players in the aquafeed market, through substantial investments in new product development, drive innovation and enhance product offerings. This focus on innovation supports market growth by meeting evolving consumer demands and improving aquaculture efficiency. The aquafeed marketplace consists of key players which includes BioMar A/S (Denmark), Archer Daniels Midland Company (Illinois, U.S.), Ridley Corp Ltd (Australia), Dibaq Aquaculture (Spain), Alltech Inc. (U.S.), Cargill Incorporated (Minnesota, U.S.), Aller Aqua A/S (Christiansfeld, Denmark), Purina Animal Nutrition (Missouri, U.S.).

Skretting will build a brand new advanced production plant in Surat, India, in February 2024, with three production lines and a capacity of 50,000 metric tonnes yearly.

Segementation Table

Global Aquafeed Market Scope

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.57% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

Fish

- Carps

- Tilapias

- Catfish

- Salmons

- Others

Crustaceans

- Mollusks

- Others

By Ingredient

Soybean

Fishmeal

Fish Oil

Corn

Additives

Others

By Form

Dry

Wet

By Region

North America (By Type, Ingredient, Form, and By Country)

- U.S. (By Ingredients)

- Canada (By Ingredients)

- Mexico (By Ingredients)

Europe (By Type, Ingredient, Form, and By Country)

- Norway (By Ingredients)

- Spain (By Ingredients)

- U.K. (By Ingredients)

- France (By Ingredients)

- Italy (By Ingredients)

- Greece (By Ingredients)

- Rest of Europe (By Ingredients)

Asia Pacific (By Type, Ingredient, Form, and By Country)

- China (By Ingredients)

- India (By Ingredients)

- Japan (By Ingredients)

- Australia (By Ingredients)

- Indonesia (By Ingredients)

- Thailand (By Ingredients)

- Rest of Asia Pacific (By Ingredients)

South America (By Type, Ingredient, Form, and By Country)

- Chile (By Ingredients)

- Brazil (By Ingredients)

- Argentina (By Ingredients)

- Rest of South America (By Ingredients)

The Middle East and Africa (By Type, Ingredient, Form, and By Country)

- South Africa (By Ingredients)

- U.A.E (By Ingredients)

- Rest of ME&A (By Ingredients)


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Table of Contents

164 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent Market
4.2. Industry SWOT Analysis
4.3. Supply Chain Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Impact of COVID-19
5. Global Aquafeed Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Type (Value)
5.2.1.1. Fish
5.2.1.1.1. Carps
5.2.1.1.2. Tilapias
5.2.1.1.3. Catfish
5.2.1.1.4. Salmons
5.2.1.1.5. Others
5.2.1.2. Crustaceans
5.2.1.3. Mollusks
5.2.1.4. Others
5.2.2. By Ingredient (Value)
5.2.2.1. Soybean
5.2.2.2. Fishmeal
5.2.2.3. Fish Oil
5.2.2.4. Corn
5.2.2.5. Additives
5.2.2.6. Others
5.2.3. By Form (Value)
5.2.3.1. Dry
5.2.3.2. Wet
5.2.4. By Region (Value)
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Aquafeed Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Value)
6.2.1.1. Fish
6.2.1.1.1. Carps
6.2.1.1.2. Tilapias
6.2.1.1.3. Catfish
6.2.1.1.4. Salmons
6.2.1.1.5. Others
6.2.1.2. Crustaceans
6.2.1.3. Mollusks
6.2.1.4. Others
6.2.2. By Ingredient (Value)
6.2.2.1. Soybean
6.2.2.2. Fishmeal
6.2.2.3. Fish Oil
6.2.2.4. Corn
6.2.2.5. Additives
6.2.2.6. Others
6.2.3. By Form (Value)
6.2.3.1. Dry
6.2.3.2. Wet
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. By Ingredient (Value)
6.2.4.1.1.1. Soybean
6.2.4.1.1.2. Fishmeal
6.2.4.1.1.3. Fish Oil
6.2.4.1.1.4. Corn
6.2.4.1.1.5. Additives
6.2.4.1.1.6. Others
6.2.4.2. Canada
6.2.4.2.1. By Ingredient (Value)
6.2.4.2.1.1. Soybean
6.2.4.2.1.2. Fishmeal
6.2.4.2.1.3. Fish Oil
6.2.4.2.1.4. Corn
6.2.4.2.1.5. Additives
6.2.4.2.1.6. Others
6.2.4.3. Mexico
6.2.4.3.1. By Ingredient (Value)
6.2.4.3.1.1. Soybean
6.2.4.3.1.2. Fishmeal
6.2.4.3.1.3. Fish Oil
6.2.4.3.1.4. Corn
6.2.4.3.1.5. Additives
6.2.4.3.1.6. Others
7. Europe Aquafeed Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Type (Value)
7.2.1.1. Fish
7.2.1.1.1. Carps
7.2.1.1.2. Tilapias
7.2.1.1.3. Catfish
7.2.1.1.4. Salmons
7.2.1.1.5. Others
7.2.1.2. Crustaceans
7.2.1.3. Mollusks
7.2.1.4. Others
7.2.2. By Ingredient (Value)
7.2.2.1. Soybean
7.2.2.2. Fishmeal
7.2.2.3. Fish Oil
7.2.2.4. Corn
7.2.2.5. Additives
7.2.2.6. Others
7.2.3. By Form (Value)
7.2.3.1. Dry
7.2.3.2. Wet
7.2.4. By Country (Value)
7.2.4.1. Norway
7.2.4.1.1. By Ingredient (Value)
7.2.4.1.1.1. Soybean
7.2.4.1.1.2. Fishmeal
7.2.4.1.1.3. Fish Oil
7.2.4.1.1.4. Corn
7.2.4.1.1.5. Additives
7.2.4.1.1.6. Others
7.2.4.2. Spain
7.2.4.2.1. By Ingredient (Value)
7.2.4.2.1.1. Soybean
7.2.4.2.1.2. Fishmeal
7.2.4.2.1.3. Fish Oil
7.2.4.2.1.4. Corn
7.2.4.2.1.5. Additives
7.2.4.2.1.6. Others
7.2.4.3. United Kingdom
7.2.4.3.1. By Ingredient (Value)
7.2.4.3.1.1. Soybean
7.2.4.3.1.2. Fishmeal
7.2.4.3.1.3. Fish Oil
7.2.4.3.1.4. Corn
7.2.4.3.1.5. Additives
7.2.4.3.1.6. Others
7.2.4.4. France
7.2.4.4.1. By Ingredient (Value)
7.2.4.4.1.1. Soybean
7.2.4.4.1.2. Fishmeal
7.2.4.4.1.3. Fish Oil
7.2.4.4.1.4. Corn
7.2.4.4.1.5. Additives
7.2.4.4.1.6. Others
7.2.4.5. Italy
7.2.4.5.1. By Ingredient (Value)
7.2.4.5.1.1. Soybean
7.2.4.5.1.2. Fishmeal
7.2.4.5.1.3. Fish Oil
7.2.4.5.1.4. Corn
7.2.4.5.1.5. Additives
7.2.4.5.1.6. Others
7.2.4.6. Greece
7.2.4.6.1. By Ingredient (Value)
7.2.4.6.1.1. Soybean
7.2.4.6.1.2. Fishmeal
7.2.4.6.1.3. Fish Oil
7.2.4.6.1.4. Corn
7.2.4.6.1.5. Additives
7.2.4.6.1.6. Others
7.2.4.7. Rest of Europe
7.2.4.7.1. By Ingredient (Value)
7.2.4.7.1.1. Soybean
7.2.4.7.1.2. Fishmeal
7.2.4.7.1.3. Fish Oil
7.2.4.7.1.4. Corn
7.2.4.7.1.5. Additives
7.2.4.7.1.6. Others
8. Asia-Pacific Aquafeed Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Type (Value)
8.2.1.1. Fish
8.2.1.1.1. Carps
8.2.1.1.2. Tilapias
8.2.1.1.3. Catfish
8.2.1.1.4. Salmons
8.2.1.1.5. Others
8.2.1.2. Crustaceans
8.2.1.3. Mollusks
8.2.1.4. Others
8.2.2. By Ingredient (Value)
8.2.2.1. Soybean
8.2.2.2. Fishmeal
8.2.2.3. Fish Oil
8.2.2.4. Corn
8.2.2.5. Additives
8.2.2.6. Others
8.2.3. By Form (Value)
8.2.3.1. Dry
8.2.3.2. Wet
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Ingredient (Value)
8.2.4.1.1.1. Soybean
8.2.4.1.1.2. Fishmeal
8.2.4.1.1.3. Fish Oil
8.2.4.1.1.4. Corn
8.2.4.1.1.5. Additives
8.2.4.1.1.6. Others
8.2.4.2. India
8.2.4.2.1. By Ingredient (Value)
8.2.4.2.1.1. Soybean
8.2.4.2.1.2. Fishmeal
8.2.4.2.1.3. Fish Oil
8.2.4.2.1.4. Corn
8.2.4.2.1.5. Additives
8.2.4.2.1.6. Others
8.2.4.3. Japan
8.2.4.3.1. By Ingredient (Value)
8.2.4.3.1.1. Soybean
8.2.4.3.1.2. Fishmeal
8.2.4.3.1.3. Fish Oil
8.2.4.3.1.4. Corn
8.2.4.3.1.5. Additives
8.2.4.3.1.6. Others
8.2.4.4. Australia
8.2.4.4.1. By Ingredient (Value)
8.2.4.4.1.1. Soybean
8.2.4.4.1.2. Fishmeal
8.2.4.4.1.3. Fish Oil
8.2.4.4.1.4. Corn
8.2.4.4.1.5. Additives
8.2.4.4.1.6. Others
8.2.4.5. Indonesia
8.2.4.5.1. By Ingredient (Value)
8.2.4.5.1.1. Soybean
8.2.4.5.1.2. Fishmeal
8.2.4.5.1.3. Fish Oil
8.2.4.5.1.4. Corn
8.2.4.5.1.5. Additives
8.2.4.5.1.6. Others
8.2.4.6. Thailand
8.2.4.6.1. By Ingredient (Value)
8.2.4.6.1.1. Soybean
8.2.4.6.1.2. Fishmeal
8.2.4.6.1.3. Fish Oil
8.2.4.6.1.4. Corn
8.2.4.6.1.5. Additives
8.2.4.6.1.6. Others
8.2.4.7. Rest of Asia-Pacific
8.2.4.7.1. By Ingredient (Value)
8.2.4.7.1.1. Soybean
8.2.4.7.1.2. Fishmeal
8.2.4.7.1.3. Fish Oil
8.2.4.7.1.4. Corn
8.2.4.7.1.5. Additives
8.2.4.7.1.6. Others
9. South America Aquafeed Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Value)
9.2.1.1. Fish
9.2.1.1.1. Carps
9.2.1.1.2. Tilapias
9.2.1.1.3. Catfish
9.2.1.1.4. Salmons
9.2.1.1.5. Others
9.2.1.2. Crustaceans
9.2.1.3. Mollusks
9.2.1.4. Others
9.2.2. By Ingredient (Value)
9.2.2.1. Soybean
9.2.2.2. Fishmeal
9.2.2.3. Fish Oil
9.2.2.4. Corn
9.2.2.5. Additives
9.2.2.6. Others
9.2.3. By Form (Value)
9.2.3.1. Dry
9.2.3.2. Wet
9.2.4. By Country (Value)
9.2.4.1. Chile
9.2.4.1.1. By Ingredient (Value)
9.2.4.1.1.1. Soybean
9.2.4.1.1.2. Fishmeal
9.2.4.1.1.3. Fish Oil
9.2.4.1.1.4. Corn
9.2.4.1.1.5. Additives
9.2.4.1.1.6. Others
9.2.4.2. Brazil
9.2.4.2.1. By Ingredient (Value)
9.2.4.2.1.1. Soybean
9.2.4.2.1.2. Fishmeal
9.2.4.2.1.3. Fish Oil
9.2.4.2.1.4. Corn
9.2.4.2.1.5. Additives
9.2.4.2.1.6. Others
9.2.4.3. Argentina
9.2.4.3.1. By Ingredient (Value)
9.2.4.3.1.1. Soybean
9.2.4.3.1.2. Fishmeal
9.2.4.3.1.3. Fish Oil
9.2.4.3.1.4. Corn
9.2.4.3.1.5. Additives
9.2.4.3.1.6. Others
9.2.4.4. Rest of South America
9.2.4.4.1. By Ingredient (Value)
9.2.4.4.1.1. Soybean
9.2.4.4.1.2. Fishmeal
9.2.4.4.1.3. Fish Oil
9.2.4.4.1.4. Corn
9.2.4.4.1.5. Additives
9.2.4.4.1.6. Others
10. Middle East & Africa Aquafeed Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Value)
10.2.1.1. Fish
10.2.1.1.1. Carps
10.2.1.1.2. Tilapias
10.2.1.1.3. Catfish
10.2.1.1.4. Salmons
10.2.1.1.5. Others
10.2.1.2. Crustaceans
10.2.1.3. Mollusks
10.2.1.4. Others
10.2.2. By Ingredient (Value)
10.2.2.1. Soybean
10.2.2.2. Fishmeal
10.2.2.3. Fish Oil
10.2.2.4. Corn
10.2.2.5. Additives
10.2.2.6. Others
10.2.3. By Form (Value)
10.2.3.1. Dry
10.2.3.2. Wet
10.2.4. By Country (Value)
10.2.4.1. South Africa
10.2.4.1.1. By Ingredient (Value)
10.2.4.1.1.1. Soybean
10.2.4.1.1.2. Fishmeal
10.2.4.1.1.3. Fish Oil
10.2.4.1.1.4. Corn
10.2.4.1.1.5. Additives
10.2.4.1.1.6. Others
10.2.4.2. UAE
10.2.4.2.1. By Ingredient (Value)
10.2.4.2.1.1. Soybean
10.2.4.2.1.2. Fishmeal
10.2.4.2.1.3. Fish Oil
10.2.4.2.1.4. Corn
10.2.4.2.1.5. Additives
10.2.4.2.1.6. Others
10.2.4.3. Rest of Middle East & Africa
10.2.4.3.1. By Ingredient (Value)
10.2.4.3.1.1. Soybean
10.2.4.3.1.2. Fishmeal
10.2.4.3.1.3. Fish Oil
10.2.4.3.1.4. Corn
10.2.4.3.1.5. Additives
10.2.4.3.1.6. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Aquafeed Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
12. Company Profiles
12.1. Cargill Incorporated
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Archer Daniels Midland Company
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Alltech Inc.
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Purina Animal Nutrition
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Ridley Corp. Ltd.,
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Nutreco N.V.
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Aller Aqua A/S
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. BioMar A/S
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Dibaq Aquaculture
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Beneo GmbH
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Appendix

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