Fish Feeds Market is going to be worth $106 Billion By 2018. March 2014
Fish Feed Market is going to be worth $106 Billion By 2018.
The report " Aqua feed market By End Consumption (Fish, Crustaceans, Mollusks, Others),
By Additives, (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed
Acidifiers , Others), By Geography: Global Trends & Forecasts To 2018 "defines and
segments the global Aquafeeds market with analysis of current demand and forecasted
consumption in terms of volume and revenue. It also identifies the driving and restraining factors
for the global fish feeds market with analysis of trends, opportunities, burning issues, winning
imperatives, and challenges. The market is segmented by end consumption of aqua feeds and
additives. The market revenue is forecasted on the basis of major regions such as North America,
Europe, Asia-Pacific, and Rest of the World (ROW). On the basis of significant contribution to
overall demand, key countries have been covered and forecasted for each region.
Browse 119 market data tables with 24 figures spread through 232 pages and in-depth TOC on
Aqua feed Market By End Consumption (Fish, Crustaceans, Mollusks, Others), By Additives,
(Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers , Others),
By Geography: Global Trends & Forecasts To 2018.
http://www.marketsandmarkets.com/Market-Reports/aquafeeds-market-1151.html
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Aqua feeds is aquaculture demand driven industry. A rapid increase in aquaculture has
emphasized feed production for cultured species. Aquaculture uses either commercial or farm
made feeds. Commercially made feeds contain combination of various raw materials providing
almost all the necessary nutrients to the fish. These feeds are processed in order to enhance the
appearance and to increase the solubility and longevity of the feeds.
The fish feeds market is driven by the associated advantages such as increase yield, safe
environment and better quality of fish. Other positive factors driving the demand of the industry
include growth in Aquaculture industry, increased consumption of sea food, flexibility to use raw
materials depending on availability and increasing income of middle class population in
developing nations. However, the rising cost of essential raw materials like fish meal and fish oil
is the major obstacle in growth of the market. One of the key restraining factors for Aqaufeeds
market is the high product cost associated with these. Growth is particularly high in countries
such as China, Vietnam, and Ecuador because of increasing awareness levels on increasing yield
and high efficiency of aquafeeds which result in high-quality produce.