Food and Beverages Industry Report Aquafeed Market Size and Forecasts

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Aquafeed Market Share, Size, Analysis, Growth, Industry
Trends and Forecasts to 2022 : Hexa Research
" Global aquafeed market size is expected to reach
96.3 million tons by 2022, growing at a CAGR of
11.1% from 2015 to 2022. "
Global Aquafeed Market Size is anticipated to be valued at USD 165.04 billion by 2022, as per a new research
report by HexaResearch. Increase in fish consumption for direct and indirect consumer applications is
anticipated to drive the market growth. Increasing awareness regarding feed benefits in aquaculture among
breeders is likely to drive the demand. Rising nutraceuticals demand such as omega 3 fortified products is
expected to drive industry growth. Global aquafeed additives market is expected to reach USD 1.21 billion by
2022.
Amino acids dominated aquaculture additives market and accounted for more than 25% of the total dema nd in
2014. Increasing demand to maintain proper metabolism and provide proteins to aquatic animals is likely to
drive growth. Feed acidifiers are likely to witness highest gains with an estimated CAGR of 6.0% from 2015 to
2022. Feed acidifiers demand has been witnessing a growth as it is effective in controlling diseases including
caused by harmful bacteria such as E coli and Salmonella.
Browse Details of Report @ https://www.hexaresearch.com/research-report/aquafeed-market
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