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 ... Read more
Global Aquafeed Market Estimated to be Valued at US$ 46.8 Billion in 2023 and Expected to Exhibit a CAGR of 6.8% over the Forecast Period 2023-2033: Coherent Market Insights
Market Overview:
The aquafeed market refers to the feed given to aquatic organisms such as fish, shrimp, and other marine species. Aquafeeds are formulated to provide essential nutrients required for optimal growth and development of aquatic animals. They are ... Read more
Aquafeed includes diet and feed pellets that are given to farmed fish and shellfish. The aquafeed provides essential nutrients such as vitamins, proteins, lipids, and minerals that are required to sustain the health and growth of cultivated aquatic organisms. It contains ingredients including fishmeal, fish oil, soybean meal, wheat, corn gluten meal, and others. Aquaculture has evolved in recent times to become a vital source of food production capable of meeting the increasing demand for ... Read more