Aquafeed Market is Projected to Grow at a CAGR of 7.8% by 2024 With COVID -19 Impact


According to a new report published by Fast.MR titled, “Aquafeed Market – By End User (Fish, Crustaceans, Others), By Form (Powder, Liquid, Extruded, Pellet), By Ingredient (Fish Meal, Fish Oil, Additives, Soybean, Corn, Others), By Sales Channel (Direct Sales, Indirect Sales) & Global Region – Market Size, Trends, Opportunity and Forecast 2018-2024,” The global aquafeed market accounted for USD XX.X Million in 2018. Further, the market is expected to reach to a valuation of USD XX.X Million by the end of 2024. Moreover, it is anticipated to flourish at a CAGR of 7.8% during the forecast period i.e. 2019-2024.

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Segmentation

The research offers a comprehensive analysis of aquafeed market with respect to following sub-markets:

By End User

– Fish

— Salmon

– – Trout

– – Sturgeon

– – Tilapia

— Others

– Crustaceans

– – Shrimps

— Prawns

– – Crab

– – Krill

– – Others

By Form

– Powder

– Liquid

– Extruded

– Pellet

By Ingredient

– Fish Meal

– Fish Oil

– Additives

– Soybean

– Corn

– Others

By Sales Channel

– Indirect Sales

– Hypermarket/Supermarket

– Brand Retail Outlets

– Online Sales

– Other Retail Stores

– Direct Sales

By Geography

– North America (U.S. & Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

– Latin America (Brazil, Mexico and Rest of Latin America)

– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

Archer Daniels Midland Company

– Cargill

– Alltech

– Aller Aqua A/S

– Ridley Corporation Limited

– Nutreco N.V.

– Avanti Feeds Limited

– Nutriad

– Biomar

– Biomin Holding GmbH

– Other Major & Niche Players

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