By employing several steps, gathering, analysing and recording of market data has been carried out in this Fish Meal for Aquaculture market report. To formulate this report, systematic, objective and exhaustive study of the facts related to any subject in the field of marketing have been performed. Not to mention, various purposes or objectives of market research are kept in mind while forming the Fish Meal for Aquaculture report which helps client achieve success in the business. The report helps businesses to take on the approach of systematic problem analysis, model building and fact-finding that ultimately aids in decision-making and managing marketing of goods and services.
Fish meal for aquaculture market size is valued at USD 59.3 billion by 2028 and is expected to expand at a compound annual growth rate of 7.10% over the forecast period of 2021 to 2028.
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Market Overview:
The increasing incorporation of fishmeal in swine and poultry diets is largely flourishing the growth of the fish meal for aquaculture market over the forecast period of 2021 to 2028. The improving production and environmental performance of aquaculture will also accelerate the demand for fish meal for aquaculture market. Likewise, increasing demand for naturally sourced protein additive in animal feed, growing awareness regarding the advantages of fish meal and increasing consumption of animal products such as fish meat are some of key determinants expected to drive the fish meal for aquaculture market growth. Also, the fishmeal consist of high amounts of necessary amino acids and protein, that can be easily digested by the livestock, counting aquatic animals which will also have positive impact the fish meal for aquaculture market.
However, the EL Niño effect leading in higher prices and microbial contamination in aquafeed as well as the irregularity in regulatory structure will limit the growth of fish meal for aquaculture market in the above mentioned forecast period, whereas the increasing usage of alternative feed ingredients and rise in the number of substitutes for fishmeal have the potential to challenge the growth of the fish meal for aquaculture market.
Croda International Plc, Omega Protein Corporation, Calysta, Inc., TASA, OCEANA GROUP LIMITED, Austevoll Seafood ASA, Pioneer Fishing, Lallemand Inc., NOVUS INTERNATIONAL, Köster Marine Proteins GmbH, AKER BIOMARINE ANTARCTIC AS, Alpha Atlantique, ADM Animal Nutrition, AngelYeast Co., Ltd., Mukka Sea food Industries Limited, Colpex International S.A.C., Nutreco N.V., Orizon Foods, The Scoular Company, and Raj Fishmeal and Oil Company among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America
Global Fish Meal for Aquaculture Market Scope and Market Size
Fish meal for aquaculture market is segmented on the basis of nature, source, livestock species source and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of nature, the fish meal for aquaculture market is segmented into organic and conventional.
Based on source, the fish meal for aquaculture market is segmented into salmon and trout, marine fish, crustaceans, carps, tilapia and others. Others have further been segmented into eels, crabs and lobsters
On the basis of livestock, the fish meal for aquaculture market is segmented into ruminants, poultry, swine, aquatic animals and others.
Based on species source, the fish meal for aquaculture market is segmented into anchovy, blue whiting, sardines, capelin, menhaden, Norway pout, send eel, sprat and others
The fish meal for aquaculture market is also segmented on the basis of application into animal feed, dietary supplements, pharmaceutical and fertilizers.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Fish Meal for Aquaculture Market
Chapter 3: Regional analysis of the Global Fish Meal for Aquaculture Market industry
Chapter 4: Fish Meal for Aquaculture Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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