Market Scope and Report Overview
Based on a deep dive market analysis by RationalStat the global aquafeed market has been assessed by market segments like forms, additives feed, application, and the geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also gives global and regional market size for the historic period of 2019-2022 and the forecasted period 2019-2028.
Market information for the global aquafeed market. It covers market sizes based on of the market worth (US$/EUR Million) and volume ('000 units/tons/liters) through various products and equipment/services, assessment of demand across key regions, customer opinions pricing structures, cost points and margin analysis across the entire value chain. Financial evaluations of historical and forecast data, major developments across the value chain, import-export statistics including trade overview, component that are sold by the top companies, etc.
Additionally, there is a long-term sector, products and services 10-year outlook, and its impact on the aquafeed market in the world. The report also covers the current status of the industry, such as Production levels and Capacity Utilization, the Tech Quotient, etc. Important information includes manufacturing capacity per country and installed base and import volumes and market size, the major players, market size, trends, market research etc.
Period Covered includes data for 2019-2028, along with the year-wise estimates of demand
The report on the aquafeed market examines the market on the context of global economic conditions international geopolitics, regional geopolitics and scenarios of import-export, trade duties and market trends organic and organic strategies mergers and acquisitions new product launches, policies of the government, new capacity additions technological advances R&D investments, new market entry rates, replacement rate penetration rates, base/fleet size, and global and regional capacity for production, in addition to other factors.
RationalStat offers market analysis and consultancy studies based on the foundation of a solid desk and secondary research, backed by an internal data repository. Furthermore the research draws on information based on the current insights gained from interviews with primary respondents. Market estimates and insights are built in first-hand research (covering greater than 240 organizations) and secondary research making use of benchmarking across the globe.
The global report on aquafeedmarkets includes supply and value chain analysis that gives in-depth details about the margins of value chains and the roles of different actors in the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
In the competition analysis section, the global aquafeed market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/producers/ suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables customers and buyers of reports to take accurate, accurate and swift decision-making.
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Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment
In the most recent RationalStat report, the analysis shows that geopolitical conflict and rising inflation are among the top threats to economic growth, while worries about the volatility of the energy sector are prevalent in Europe and other regions of the globe. The main dangers to the growth of the economy in the most important regions, such as Asia Pacific, Europe, North America, the Middle East and Africa and the other developing regions are rising the rising cost of energy, inflation disruptions to supply chains, the instability of geopolitics, labor shortages, rising interest rates and the COVID-19 pandemic.
The global economy faced severe headwinds in 2019-2021 when some countries saw moderate growth and other nations were still battling economic slowdowns. The COVID-19 pandemic has imposed unjustified pressure on the majority of industries around the globe and created a severe recession in US, India, Italy and Italy, the UK, Germany, India, Japan, South Korea and the UK and a host of other countries. Additionally, the withdrawal of UK from the European Union earlier in 2020 and the conflict between Ukraine and Russia in 2022 has heightened the global anxiety.
Furthermore in addition, global economy slowed down by 2022, to 3.3 percent, which was lower than the forecast for the final quarter of 2021. The reason for this was that it was mostly weighed down by the Russian war in Ukraine and the resulting cost-of-living crises in several nations. However, a rise in the economy in the coming years is anticipated. The growth rate is expected to stay at a lower rate in 2023 and 2024, which will be 2.6 percent and 2.9 percent respectively.
Competition Analysis and Market Structure
Some of the prominent players that contribute significantly to the aquafeed market growth include Cargill Inc., Archer Daniels Midland Company (ADM), Nutreco N.V., Skretting AS, Alltech Inc., Ridley Corporation Limited, Charoen Pokphand Foods PCL (CPF), Biomar Group, BioMarin Aqua, Norel Animal Nutrition and among others.
RationalStat has segmented the global aquafeed market based on form, additive, feed, application, and region
- Global Aquafeed Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Form
- Dry
- Wet
- Moist
- Global Aquafeed Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Additive
- Amino Acids
- Feed Acidifiers
- Antibiotics
- Antioxidants
- Enzymes
- Anti-parasitic
- Vitamins & Minerals
- Others (Probiotics & Prebiotics etc.)
- Global Aquafeed Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Feed
- Grower Feed
- Starter Feed
- Brooder Feed
- Finisher Feed
- Global Aquafeed Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Application
- Tilapia
- Carp
- Rainbow Trout
- Salmon
- Catfish
- Others (Sea Bass, Grouper etc.)
- Global Aquafeed Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Region
- North America AquafeedMarket
- US
- Canada
- Latin America AquafeedMarket
- Brazil
- Mexico
- Rest of Latin America
- Western Europe AquafeedMarket
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe AquafeedMarket
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia PacificAquafeed Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa AquafeedMarket
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America AquafeedMarket
- Leading Companies and Market Players
- Cargill Inc.
- Archer Daniels Midland Company (ADM)
- Nutreco N.V.
- Skretting AS
- Alltech Inc.
- Ridley Corporation Limited
- Charoen Pokphand Foods PCL (CPF)
- Biomar Group
- BioMarin Aqua
- Norel Animal Nutrition
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Key Questions Answered in the Aquafeed Report:
- What will be the market value of the global aquafeed market by 2028?
- What is the market size of the global aquafeed market?
- What are the market drivers of the global aquafeed market?
- What are the key trends in the global aquafeed market?
- Which is the leading region in the global aquafeed market?
- What are the major companies operating in the global aquafeed market?
- What are the market shares by key segments in the global aquafeed market?
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