Food and Beverages Industry Report Aquafeed Market Share, Size and Analysis, 2022 | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Browse Details of Report with TOC @ http://www.hexaresearch.com/researchreport/aquafeed-market/ Key report insights suggest:  Global aquafeed market size was estimated at 41.62 million tons in 2013 and may reach 96.27 million tons by 2022 growing with an estimated CAGR of 11.1% from 2015 to     2022. Carps were the dominant end-use consumers in aquafeed industry and accounted for 28.6% of the total demand in 2014. Carps are rich source of omega-3 fatty acids which prove to be beneficial in food & beverage industry to reduce cholesterol level among consumers. Molluscs are likely to witness higher gains with an estimated CAGR of 11.3% from 2015 to 2022. Asia Pacific dominated the regional aquafeed market and accounted for 65.2% of the total volume in 2014 and likely to witness highest growth rates. Predominant aquaculture industry coupled with government preference to boost aquafeed demand particularly in China, Thailand and India is likely to drive regional growth. Europe is expected to witness above average growth rates of 11.2% from 2015 to 2022. Europe aquafeed additives market is estimated to reach USD 200.9 million by 2022, with feed acidifiers anticipated to witness maximum gains. Aquafeed industry is fragmented with different companies having variety of products. Prominent companies involved in this market are Dibaq Aquaculture, Addcon Group GmbH, Biomar, Ridley and Altech, Inc. For the purpose of this study, HexaResearch has segmented the aquafeed and aquaculture additives market on the basis of product, application and region: Global Aquafeed Application Overview (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022) Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/