Report Highlights Aquafeed is a demand-driven industry. This industry is driven by the increase in the fish meat consumption which is due to the increase in world population. The availability of fish meal and other protein sources has increased the global demand for aquafeed in Asia. There is a clear trend towards the development and implementation of safety and quality standards. Carp was the largest application segment of the market, accounting for over XX % of global aquafeed demand in 2015.
The feeds fall in two major categories – natural and artificial. Natural feeds include varieties of naturally occurring or specifically grown / bred products such as plants, animals, live food organisms and trash fish and Artificial feeds are substances compounded artificially in laboratories and fused with additives such as medicines, vaccines or vitamins.
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