Market Research Future (Food and Beverages) Aquafeed Market Research Report | Page 3

Aquafeed Market Research Report- Forecast to 2023
2 Market Overview
Rising consumption of fish, followed by massive growth of processed seafood, is significantly driving the growth of
the market. Increasing middle-income population and growth in their per capita disposable income is influencing their
interest towards high nutritional foods, which is responsible for the increasing demand for seafood. Fish contain high
nutritional value and are high in protein content. Furthermore, they are traditional food for a few populations, which
drives the growth of the market.
Globalization of seafood is highly contributing to the growth of the aquafeed market and is expected to surge the
market growth in the coming years. Large-scale manufacturers are also inclined towards aquafeed production owing
to its huge opportunity in the market. Moreover, increasing food service industries also contribute to the growth of
seafood, which, in turn, is supporting the growth of the aquafeed market.
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The study includes detailed market analysis of aquafeed market encompassing its macro and micro-markets
It covers market segmentation by Ingredients, Aquatic Species, Additive Type and Life Cycle
It helps in identifying region-wise major suppliers and understand consumption patterns
The report will provide useful and premium insights that will support in investments for aquafeed
consumption and allied companies providing details on the fast growing segments and regions
In addition, it will provide key findings that will help the companies to improve profitability by using supply
chain strategies, cost effectiveness of various products mentioned in the report
The data used in the report is primarily based on primary interviews with the major producing companies
and industry experts and also supported by authentic industry data from secondary sources
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