ALBANY, New York, Feb. 26, 2020
- Aquaculture is among the fastest developing industries for animal production across the globe. This has created demand for nutritious and protein-rich aquafeed additives, which are a rich fatty acids source
- These aquafeed additives are being used for providing right amounts of minerals and vitamins to these animals, and thus driving market development
ALBANY, New York, Feb. 26, 2020 /PRNewswire/ -- In its newest research report, Transparency Market Research sheds light on the factors that are responsible for driving the growth of the global aquafeed additives market. The research report also provides detailed insight on the restraining factors, segmentation, and latest trends that are influencing the dynamics of the global market. According to the research report, the global aquafeed additives market will exhibit a healthy CAGR of ~5% for the given assessment period ranging from 2019 to 2027. With this given rate of growth, the market valuation is then projected to rise up to US$2.2 bn by the end of 2027. Initially in 2019, the valuation of the aquafeed additives market was recorded to be around US$1.3 bn.
"The companies operating in the global aquafeed additives market are now shifting their focus on previously untapped geographical areas in Europe and Asia Pacific. This change in approach is due to the increasing aquaculture feed production in these regions. These companies are focusing on countries such as Indonesia, Vietnam, and India to develop new revenue streams", observe TMR analysts
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Key Findings in the Research Report
Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Aquafeed Additives Market by Product Type: Amino Acids, Antioxidants, Antibiotics, Vitamins, Minerals, Feed Acidifiers, and Feed Enzymes; Application: Carps, Marine Shrimps, Tilapia, Catfish, Salmon, Sea Bass, and Others; and Source: Plants, Animals, and Microorganisms, Forecast 2019 – 2029 at https://www.transparencymarketresearch.com/aquafeed-additives-market.html
Global Aquafeed Additives Market – Prominent Driving Factors
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/40730
Global Aquafeed Additives Market – Prominent Restraining Factors
Global Aquafeed Additives Market – Regional Outlook
Analyze Aquafeed Additives market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.
Global Aquafeed Additives Market – Key Market Companies
Some of the prominent brand names in the global aquafeed additives market are ADM Animal Nutrition, Roquette Frères S.A., MJI Universal Pte Ltd., Kemin Industries., Skretting, Green Plains Inc., Cargill Incorporated., BIOMIN, Aller Aqua A/S among others.
Global Aquafeed Additives Market: Segmentation
Aquafeed Additives Market, by Product Type
Aquafeed Additives Market, by Application
Aquafeed Additives Market, by Source
Aquafeed Additives Market, by Region
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