Aquafeed Market deals with the production and distribution of aqua feed. Aqua feeds are the meals for aquatic animals that are made with a blend of various additives that prove essential vitamins and nutrients to the animals. The Aquafeed Market is a branch of aquaculture.
This meal is prepared depanding on various characteristics such as the type of aquatic animal and its age. The aquafeed industry has become an important part of aquaculture; this is mainly because of rising demand of aquatic animals in seafood.
Scope & Regional Forecast of the Aquafeed Market:
The Aquafeed Market can be segmented as type of feed, additive products, feed ingredients, aquatic animal type and geography. On the basis of types of feed the Aquafeed Market natural feeds such as plants, animals, trash food and artificial feeds like medicines, vaccines. The additives used in aqua feed supplements and food include Amino Acids, Vitamins, Antibiotics, Feed Acidifiers, Antioxidants, Feed Enzymes. The feed ingredients used are includes corn, soybean, fish meal, fish oil and additives.
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The Aquafeed Market has observed a global growth due increase of awareness amongst the consumers about the benfits of eating fish and other seafood. The awareness about omega-3 benefits and protein content has raised the demand for aquatic animals. These factors has contributed to the growth of Aquafeed Market and thus the aquaculture overall.
Segmentations & Key Players Involved in the Aquafeed Market
According to IndustryARC findings, the Aquafeed Market can be divided into various segmentations on the basis of –
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Some of the top feed companies in the Aquafeed Market according to IndustryARC are as follows:
- De Heus
- Nutreco N.V.
- Water Base Ltd
- Zeigler Bros., Inc.
- Cp Aqua Culture Ltd