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World Aquaculture: Feed, Equipment & Chemicals


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World demand to rise 7.4% annually through 2017
World demand for aquaculture supplies and equipment is forecast to advance 7.4 percent per year to $63.5 billion in 2017. Rising feed costs will drive advances as fishmeal and fish oil prices continue to grow rapidly, and the ongoing transition from extensive and semi-extensive to intensive aquaculture production supports greater feed demand. However, higher fish product prices -- due in large part to increasing feed costs -- will result in slower growth in global per capita fish consumption, and bring advances in world aquaculture demand to more sustainable levels. The corresponding moderation in world aquaculture output will be particularly significant in China, which is forecast to grow at a slower pace than not only the rest of the Asia/Pacific region, but also South America and the Africa/Mideast region.

Aquafeeds dominate world aquaculture demand
Aquafeeds dominate world demand for aquaculture supplies and equipment, as an increasing share of aquaculture producers have turned to manufactured products, rather than depending on natural food sources. The impact of higher fishmeal and fish oil prices will be partially mitigated by the increasing use of lower cost vegetable fats and proteins, and by declining feed conversion ratios as higher quality feeds allow farmers to use aquafeeds in smaller volumes.

The general trend of increased intensification in production that is contributing to expanded aquafeed use is also expected to continue to positively affect demand for other aquaculture supplies. More intensive production requires the use of different types of equipment, such as pumps, filters, and feeders. Water in tanks or ponds containing dense populations of fish can quickly foul, posing dangers to both the farmed fish and the natural ecosystem, which will promote elevated demand for water treatment chemicals. Feed supplements and pharmaceuticals will benefit from greater pressure from disease and growth problems, which become more significant as stocking densities rise. Although increasing numbers of farmers are using aquafeeds instead of natural food sources, fertilizer demand is expected to grow as farmers in developing countries begin utilizing chemical inorganic fertilizers for carp, tilapia, catfish, and shellfish culture.

Asia/Pacific, Africa/Mideast regions to see fastest gains
Asia was the largest and one of the fastest growing aquaculture producing regions from 2002 to 2012, with China alone accounting for 61 percent of global aquaculture production and 51 percent of aquaculture supply demand in 2012. While growth in Chinese demand for aquaculture supplies and equipment is expected to moderate, demand in the rest of the Asia/Pacific region is expected to grow rapidly, with only the Africa/ Mideast region exhibiting faster gains. Central and South America is also expected to significantly expand its presence in the global aquaculture industry through increased production and higher demand for aquaculture inputs. More mature markets, such as Europe and North America, are also expected to show healthy growth in line with the more modest expansions expected in aquaculture production from these regions.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • Macroeconomic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION (billion 2011 dollars)
      • World Per Capita GDP
        • Table WORLD PER CAPITA GROSS DOMESTIC PRODUCT BY REGION (2011 dollars)
    • World Population Outlook
      • Table WORLD POPULATION BY REGION (million persons)
    • World Urbanization
      • Table WORLD URBAN POPULATION BY REGION (percent urbanized)
    • World Fisheries Overview
      • Table WORLD FISHERIES PRODUCTION BY REGION (thousand metric tons)
  • AQUACULTURE INDUSTRY OVERVIEW
    • General
    • Farming Systems
    • Production by Region
      • Table WORLD AQUACULTURE PRODUCTION BY REGION
    • Production by Fish Type
      • Table WORLD AQUACULTURE PRODUCTION BY FISH TYPE
      • Finfish
        • Table WORLD AQUACULTURE FINFISH PRODUCTION BY FISH TYPE
        • Table WORLD CARP PRODUCTION BY REGION
        • Table WORLD TILAPIA PRODUCTION BY REGION
        • Table WORLD CATFISH PRODUCTION BY REGION
        • Table WORLD SALMON & TROUT PRODUCTION BY REGION
        • Table WORLD OTHER FINFISH PRODUCTION BY REGION
      • Shellfish
        • Table WORLD AQUACULTURE SHELLFISH PRODUCTION BY FISH TYPE
        • Table WORLD CLAM PRODUCTION BY REGION
        • Table WORLD OYSTER PRODUCTION BY REGION
        • Table WORLD SHRIMP & PRAWN PRODUCTION BY REGION
        • Table WORLD OTHER SHELLFISH PRODUCTION BY REGION
    • World Fisheries Trade
    • Environmental & Regulatory Considerations
  • AQUACULTURE SUPPLIES & EQUIPMENT
    • General
      • Demand by Region
        • Table WORLD AQUACULTURE SUPPLIES & EQUIPMENT DEMAND BY REGION (million dollars)
      • Demand by Type
        • Table WORLD AQUACULTURE SUPPLIES & EQUIPMENT DEMAND BY TYPE (million dollars)
    • Feed
      • Demand by Region
        • Table WORLD AQUAFEED DEMAND BY REGION
      • Demand by Fish
        • Table WORLD AQUAFEED DEMAND BY FISH (thousand metric tons)
      • Demand by Ingredient
        • Table WORLD AQUAFEED DEMAND BY INGREDIENT
    • Equipment
      • Table WORLD AQUACULTURE EQUIPMENT DEMAND BY REGION (million dollars)
    • Water Treatment Chemicals
      • Demand by Region
        • Table WORLD AQUACULTURE WATER TREATMENT CHEMICALS DEMAND BY REGION (million dollars)
      • Demand by Type
        • Table WORLD AQUACULTURE WATER TREATMENT CHEMICALS DEMAND BY TYPE (million dollars)
    • Feed Supplements
      • Table WORLD AQUACULTURE FEED SUPPLEMENT DEMAND BY REGION (million dollars)
    • Pharmaceuticals
      • Table WORLD AQUACULTURE PHARMACEUTICAL DEMAND BY REGION (million dollars)
    • Fertilizers
      • Table WORLD AQUACULTURE FERTILIZER DEMAND BY REGION (million dollars)
    • Markets
      • Table WORLD AQUACULTURE SUPPLIES & EQUIPMENT DEMAND BY MARKET (million dollars)
      • Hatcheries
        • Table WORLD HATCHERIES SUPPLIES & EQUIPMENT MARKET (million dollars)
      • Intensive Grow-Out Aquaculture
        • Table WORLD INTENSIVE GROW-OUT AQUACULTURE SUPPLIES & EQUIPMENT MARKET (million dollars)
      • Extensive Grow-Out Aquaculture
        • Table WORLD EXTENSIVE GROW-OUT AQUACULTURE SUPPLIES & EQUIPMENT MARKET (million dollars)
  • ASIA/PACIFIC
    • General
    • Asia/Pacific: Economic Overview
      • Table ASIA/PACIFIC: ECONOMIC & FISHERIES INDICATORS
    • Asia/Pacific: Aquaculture Industry Outlook
      • Table ASIA/PACIFIC: AQUACULTURE PRODUCTION (thousand metric tons)
    • Asia/Pacific: Aquaculture Supplies & Equipment
      • Table ASIA/PACIFIC: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • China
      • Table CHINA: ECONOMIC & FISHERIES INDICATORS
      • Table CHINA: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table CHINA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Vietnam
      • Table VIETNAM: ECONOMIC & FISHERIES INDICATORS
      • Table VIETNAM: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table VIETNAM: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • India
      • Table INDIA: ECONOMIC & FISHERIES INDICATORS
      • Table INDIA: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table INDIA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Indonesia
      • Table INDONESIA: ECONOMIC & FISHERIES INDICATORS
      • Table INDONESIA: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table INDONESIA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Thailand
      • Table THAILAND: ECONOMIC & FISHERIES INDICATORS
      • Table THAILAND: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table THAILAND: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Philippines
      • Table PHILIPPINES: ECONOMIC & FISHERIES INDICATORS
      • Table PHILIPPINES: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table PHILIPPINES: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Bangladesh
      • Table BANGLADESH: ECONOMIC & FISHERIES INDICATORS
      • Table BANGLADESH: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table BANGLADESH: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Myanmar
      • Table MYANMAR: ECONOMIC & FISHERIES INDICATORS
      • Table MYANMAR: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table MYANMAR: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Japan
      • Table JAPAN: ECONOMIC & FISHERIES INDICATORS
      • Table JAPAN: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table JAPAN: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • South Korea
      • Table SOUTH KOREA: ECONOMIC & FISHERIES INDICATORS
      • Table SOUTH KOREA: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table SOUTH KOREA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Other Asia/Pacific
      • Table OTHER ASIA/PACIFIC: ECONOMIC & FISHERIES INDICATORS
      • Table OTHER ASIA/PACIFIC: AQUACULTURE PRODUCTION (thousand metric tons)
      • Table OTHER ASIA/PACIFIC: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
  • OTHER REGIONS
    • General
    • Europe
      • Europe: Economic Overview
        • Table EUROPE: ECONOMIC & FISHERIES INDICATORS
      • Europe: Aquaculture Industry Outlook
        • Table EUROPE: AQUACULTURE PRODUCTION (thousand metric tons)
      • Europe: Aquaculture Supplies & Equipment
        • Table EUROPE: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Norway
        • Table NORWAY: ECONOMIC & FISHERIES INDICATORS
        • Table NORWAY: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table NORWAY: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Other Europe
        • Table OTHER EUROPE: ECONOMIC & FISHERIES INDICATORS
        • Table OTHER EUROPE: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table OTHER EUROPE: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Central & South America
      • Central & South America: Economic Overview
        • Table CENTRAL & SOUTH AMERICA: ECONOMIC & FISHERIES INDICATORS
      • Central & South America: Aquaculture Industry Outlook
        • Table CENTRAL & SOUTH AMERICA: AQUACULTURE PRODUCTION (thousand metric tons)
      • Central & South America: Aquaculture Supplies & Equipment
        • Table CENTRAL & SOUTH AMERICA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Chile
        • Table CHILE: ECONOMIC & FISHERIES INDICATORS
        • Table CHILE: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table CHILE: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Brazil
        • Table BRAZIL: ECONOMIC & FISHERIES INDICATORS
        • Table BRAZIL: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table BRAZIL: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Other Central & South America
        • Table OTHER CENTRAL & SOUTH AMERICA: ECONOMIC & FISHERIES INDICATORS
        • Table OTHER CENTRAL & SOUTH AMERICA: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table OTHER CENTRAL & SOUTH AMERICA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • Africa/Mideast
      • Africa/Mideast: Economic Overview
        • Table AFRICA/MIDEAST: ECONOMIC & FISHERIES INDICATORS
      • Africa/Mideast: Aquaculture Industry Outlook
        • Table AFRICA/MIDEAST: AQUACULTURE PRODUCTION (thousand metric tons)
      • Africa/Mideast: Aquaculture Supplies & Equipment
        • Table AFRICA/MIDEAST: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Egypt
        • Table EGYPT: ECONOMIC & FISHERIES INDICATORS
        • Table EGYPT: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table EGYPT: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Other Africa/Mideast
        • Table OTHER AFRICA/MIDEAST: ECONOMIC & FISHERIES INDICATORS
        • Table OTHER AFRICA/MIDEAST: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table OTHER AFRICA/MIDEAST: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
    • North America
      • North America: Economic Overview
        • Table NORTH AMERICA: ECONOMIC & FISHERIES INDICATORS
      • North America: Aquaculture Industry Outlook
        • Table NORTH AMERICA: AQUACULTURE PRODUCTION (thousand metric tons)
      • North America: Aquaculture Supplies & Equipment
        • Table NORTH AMERICA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • United States
        • Table UNITED STATES: ECONOMIC & FISHERIES INDICATORS
        • Table UNITED STATES: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table UNITED STATES: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
      • Canada
        • Table CANADA: ECONOMIC & FISHERIES INDICATORS
        • Table CANADA: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table CANADA: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million US dollars)
      • Mexico
        • Table MEXICO: ECONOMIC & FISHERIES INDICATORS
        • Table MEXICO: AQUACULTURE PRODUCTION (thousand metric tons)
        • Table MEXICO: AQUACULTURE SUPPLIES & EQUIPMENT DEMAND (million dollars)
  • INDUSTRY STRUCTURE
    • General
      • Table WORLD AQUACULTURE SUPPLIES & EQUIPMENT SALES BY COMPANY, 2012 (million dollars)
    • Market Share
      • Feed
      • Equipment
      • Nonfeed Consumables
    • Competitive Strategies
    • Acquisitions & Divestitures
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Marketing & Distribution
    • Company Profiles
      • AKVA Group ASA
      • Alltech Incorporated
      • Bayer AG
      • BioMar Group A/S
      • Bühler AG
      • Cargill Incorporated
      • Cermaq ASA
      • Charoen Pokphand Foods Public Company Limited
      • Ebara Corporation
      • Gold Coin Holdings Sdn Bhd
      • Grobest Holdings Limited
      • Grundfos A/S
      • Guangdong Haid Group Company Limited
      • Guangzhou DaHui Aquaculture Equipment Limited
      • Higashimaru Company Limited
      • Inteqc Group
      • INVE Technologies BV
      • Jiangxi Zhengbang Technology Company Limited
      • Merck & Company Incorporated
      • Ningbo Tech-Bank Company Limited
      • Novozymes A/S
      • Nutreco BV
      • Pentair Limited
      • PT Central Proteinaprima Tbk
      • Rizhao Yangguang Aquaculture Company
      • Royal DSM NV
      • Thai Luxe Enterprises Public Company Limited
      • Thai Union Frozen Products Company Limited
      • Tongwei Company Limited
      • Uni-President Enterprises Corporation
    • Other Companies Mentioned in Study

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