Please Wait.....
Report
Aquafeed Market by Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives), Species (Fish, Crustaceans, Mollusks), Function (Nutrition, Growth Promoters, Immunity, Texture & Palatability), Lifecycle, Form and Region - Global Forecast to 2029
Market Report I 2024-08-30 I 353 Pages I MarketsandMarkets
The global aquafeed market is estimated to be valued at USD 59.0 billion in 2024 and is projected to reach USD 84.2 billion by 2029 at a CAGR of 7.4%.
Due to the ever-growing global population, there is an increase in demand for food & beverage products, where seafood also holds a significant position, which drives the need for more efficient aquaculture practices and higher-quality feeds for aquatic animals. According to the FDA Dietary Guidelines for Americans, healthy adults are advised to consume 8 to 10 ounces of fish per week as part of a balanced diet. The quality of aquafeed directly impacts the nutritional value of the seafood produced. As fish consumption increases, aquaculture farms require more feed to support the growing number of farmed fish. This drives up the demand for aquafeed, which provides the necessary nutrients for fish growth, health, and optimal production.
Moreover, recent technological advancements are revolutionizing the aquafeed industry, driving efficiency, sustainability, and productivity to new heights. Technologies such as precision nutrition, IoT sensors, among others, are being explored to create feeds tailored to the specific nutritional needs of various species, enhancing growth and health outcomes. In response to growing demand, leading firms are adopting innovations such as precision feeding systems, automated feeding robots, and advanced feed formulations to optimize their operations. A notable example is BioMar Group's (Denmark) acquisition of AQ1 Systems in April 2022, which creates synergies between farming technologies and feed solutions. AQ1's SF200 Sound Feeding System, a key product, uses acoustic and optical sensing technology to determine the precise amount of feed needed by fish, minimizing waste, enhancing growth performance, and improving the quality of the final product. These innovations enable the sector to position itself as a crucial player in the future of sustainable aquaculture.
"Disruptions in Aquafeed Market."
Aquafeeds are critical in aquaculture, which is expected to supply a significant portion of future aquatic feed needs. Sustainability is a key concern. As demand for more high-trophic species like salmon increases, there is a push to make aquafeeds more sustainable to minimize environmental impacts. Innovations in aquafeed formulations aim to improve feed conversion ratios, reduce waste, and support the health and growth of farmed aquatic species.
The push for sustainable aquafeeds is significant, with many companies and research institutions focusing on improving feed efficiency and reducing the environmental footprint. For example, feed conversion ratios (FCRs) have improved over the years, with modern feeds requiring less input to achieve the same growth outcomes in farmed fish.
"Soybean is expected to have a significant share in ingredients segment throughout the forecast period."
Soybean is expected to dominate the ingredients segment throughout the forecast period due to its status as a rich source of high-quality protein, essential amino acids, and vital vitamins and minerals, making it suitable for formulating balanced and nutritious aquafeed. Soybean meal is commonly used in feeds for species such as salmon and tilapia to enhance feed efficiency and growth performance.
The dominance of soybean meal in the aquafeed industry is largely attributed to its cost-effectiveness. While fishmeal has traditionally been a primary protein source in aquafeeds, its price is highly variable, and supply is limited due to overfishing and resource constraints. In contrast, soybean meal offers both price stability and a lower cost, making it an attractive alternative. Thus, with the replacement of fishmeal with soybean meal, feed costs are significantly reduced without compromising nutritional quality. This economic advantage is particularly crucial in large-scale aquaculture practices, where feed expenses constitute a substantial portion of overall production costs. Due to its superiority in both economics and nutrition, soybean meal is anticipated to dominate the market and maintain its position as a key ingredient in the aquafeed sector.
"Amino Acids by additive application is the dominant segment in the aquafeed market."
Amino acids, the fundamental building blocks of proteins, are crucial for the development of marine animals. When added to aquafeeds, they ensure that fish and other aquatic organisms receive a balanced and complete protein profile, supporting optimal growth, health, and feed conversion efficiency. Supplementing aquafeeds with essential amino acids can help producers address dietary deficiencies, improve feed utilization, and enhance the overall quality of aquaculture products.
Recent advancements in the aquafeed industry highlight a strong commitment to innovation and sustainability. A notable example is Skretting's (India) development of the AmiNova feed formulation concept, announced in 2024. AmiNova represents a major advancement in precision nutrition for aquaculture, designed to enhance feed efficiency while reducing environmental impact. This new feed formulation is set to launch in the Chilean salmonid market in Q3 2024, with plans for expansion to other species and regions by 2025. This development solidifies amino acid's pivotal role in advancing the efficiency and sustainability of the aquafeed market, driving continued growth and innovation in the industry.
"Asia Pacific is the dominant region in the aquafeed market."
The dominance of the Asia Pacific region in the aquafeed market will likely be retained as the sector grows and continues to develop. Key drivers include a growing emphasis on sustainability, advancements in feed formulations, and a rising demand for higher value-added, nutritionally balanced feeds.
According to USDA's 2024 China Fishery Products Report, China's aquaculture sector is experiencing a notable shift towards industrialization and intensification, which is projected to boost feed demand across the region substantially. It also states that soybean meal constitutes up to 28 percent of the feed for certain species. This heightened demand for soybean meal and other feed components directly contributes to the overall growth of the aquafeed market in Asia Pacific.
Moreover, sustainability certification plays a crucial role in advancing responsible aquaculture practices and ensuring that aquafeed production meets high environmental and social standards. Several prominent certification programs help guide and validate these efforts, promoting sustainability across the diverse and rapidly growing aquaculture sector in the region. The Aquaculture Stewardship Council (ASC) certification is one of the leading standards for sustainable aquaculture in Asia Pacific. ASC's certification program features reach, including environmental impacts, social responsibility, and feed sustainability. As such, for example, ASC certification requires farms and feed manufacturers to have practices that lessen such impacts as reducing pollution and conserving the local ecosystem. For instance, in Thailand, Vietnam, and Indonesia, ASC certification is fast becoming the norm in responsible aquaculture, shifting producers to more responsible feed and farming practices.
The break-up of the profile of primary participants in the aquafeed market:
- By Company Type: Tier 1 - 20%, Tier 2 - 50%, and Tier 3 - 30%
- By Designation: C Level - 31%, Director Level - 24%, Others - 45%
- By Region: North America - 24%, Europe - 29%, Asia Pacific - 32%, South America - 12% and Rest of the World - 3%
Prominent companies include ADM (US), Cargill, Incorporated (US), dsm-firmenich (Switzerland), Nutreco (Netherlands), Alltech (US), Ridley Corporation Limited (Australia), Purina Animal Nutrition LLC (US), Adisseo (France), Aller Aqua Group (Denmark), Avanti feeds Limited (India), The Waterbase Limited (India), JAPFA LTD (Singapore), Charoen Pokphand Foods PCL (Thailand), BioMar Group (Denmark), and Norel Animal Nutrition (Spain) among others.
Research Coverage:
This research report categorizes the Aquafeed Market By Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Other Ingredients), Form (Dry, Wet, and Moist), Lifecycle (Grower Feed, Finisher Feed, Starter Feed, and Brooder Feed), Species (Fish, Crustaceans, Mollusks, and Other Species), Function (Nutritional Support, Growth Promoters, Immunity Support, Texture & Palatability, and Other Functionalities), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World).
The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the aquafeed market. It also provides a detailed analysis of the major players in the market, including their business overview, products offered; key strategies; partnerships, new product launches, expansions, and acquisitions. Competitive benchmarking of upcoming startups in the aquafeed market is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aquafeed market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Growth in the aquaculture industry, Rise in seafood trade propelling the demand, and Increase in consumption of fish), restraints (Lack of awareness about modern feeding methods in developing countries), opportunities (Growth in support from governments, and Development of innovative products as a source of protein), and challenges (Growth in environmental and human health concerns, and Disease outbreaks and disease prevention measures) influencing the growth of the aquafeed market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aquafeed market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the aquafeed market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aquafeed market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as ADM (US), Cargill, Incorporated (US), dsm-firmenich (Switzerland), Nutreco (Netherlands), Alltech (US), Ridley Corporation Limited (Australia), Purina Animal Nutrition LLC (US), Adisseo (France), Aller Aqua Group (Denmark), Avanti feeds Limited (India), The Waterbase Limited (India), JAPFA LTD (Singapore), Charoen Pokphand Foods PCL (Thailand), BioMar Group (Denmark), and Norel Animal Nutrition (Spain) among others in the aquafeed market strategies. The report also helps stakeholders understand the aquafeed market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 31
1.3.1 MARKET SEGMENTATION 31
1.3.2 INCLUSIONS AND EXCLUSIONS 32
1.3.3 YEARS CONSIDERED 33
1.4 UNITS CONSIDERED 34
1.4.1 CURRENCY CONSIDERED 34
1.4.2 VOLUME UNIT CONSIDERED 34
1.5 STAKEHOLDERS 35
1.6 SUMMARY OF CHANGES 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
2.1.1 SECONDARY DATA 37
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Key data from primary sources 38
2.1.2.2 Breakdown of primary profiles 39
2.1.2.3 Key insights from industry experts 39
2.2 MARKET SIZE ESTIMATION 40
2.2.1 TOP-DOWN APPROACH 41
2.2.2 SUPPLY-SIDE ANALYSIS 41
2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE) 42
2.3 DATA TRIANGULATION 44
2.4 RESEARCH ASSUMPTIONS 45
2.5 LIMITATIONS AND RISK ASSESSMENT 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 53
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AQUAFEED MARKET 53
4.2 AQUAFEED MARKET: MAJOR REGIONAL SUBMARKETS 54
4.3 ASIA PACIFIC: AQUAFEED MARKET, BY FORM AND COUNTRY 54
4.4 AQUAFEED MARKET, BY INGREDIENT 55
4.5 AQUAFEED MARKET, BY FORM 56
4.6 AQUAFEED MARKET, BY LIFECYCLE 56
4.7 AQUAFEED MARKET, BY SPECIES 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MACROECONOMIC OUTLOOK 58
5.2.1 GROWING POPULATION AND URBANIZATION 58
5.2.2 GLOBAL AQUACULTURE GROWTH AND FEED EFFICIENCY 59
5.3 DISRUPTIONS IN AQUAFEED MARKET 61
5.4 MARKET DYNAMICS 61
5.4.1 DRIVERS 62
5.4.1.1 Growth in aquaculture industry 62
5.4.1.2 Rise in seafood trade to propel demand 62
5.4.1.3 Increase in consumption of fish 63
5.4.2 RESTRAINTS 64
5.4.2.1 Stringent safety regulations 64
5.4.2.2 High cost of feed ingredients 65
5.4.3 OPPORTUNITIES 66
5.4.3.1 Growth in support from governments 66
5.4.3.2 Development of innovative products as source of protein 66
5.4.4 CHALLENGES 67
5.4.4.1 Lack of awareness about modern feeding methods in
developing countries 67
5.4.4.2 Growth in environmental and human health concerns 67
5.4.4.3 Disease outbreaks and disease prevention measures 68
5.5 IMPACT OF GEN AI ON ANIMAL NUTRITION 68
5.5.1 INTRODUCTION 68
5.5.2 USE OF GEN AI IN ANIMAL NUTRITION 69
5.5.3 CASE STUDY ANALYSIS 70
5.5.3.1 Startup integrates advanced computer vision and machine learning technologies to revolutionize fish farming 70
5.5.3.2 Powered portable feeder 70
5.5.4 IMPACT OF GEN AI ON AQUAFEED MARKET 71
5.5.5 ADJACENT ECOSYSTEM WORKING ON GEN AI 71
6 INDUSTRY TRENDS 72
6.1 INTRODUCTION 72
6.2 SUPPLY CHAIN ANALYSIS 72
6.3 VALUE CHAIN ANALYSIS 74
6.3.1 RESEARCH AND DEVELOPMENT 74
6.3.2 RAW MATERIAL SOURCING 74
6.3.3 MANUFACTURING/PRODUCTION 75
6.3.4 QUALITY CONTROL & SAFETY 75
6.3.5 DISTRIBUTION 75
6.3.6 MARKETING AND SALES 75
6.3.7 END USER 75
6.4 TRADE ANALYSIS 76
6.4.1 EXPORT SCENARIO OF ANIMAL FEEDING RELATED TO AQUAFEED 76
6.4.2 IMPORT SCENARIO OF ANIMAL FEEDING RELATED TO AQUAFEED 76
6.5 TECHNOLOGY ANALYSIS 79
6.5.1 KEY TECHNOLOGIES 79
6.5.1.1 Precision nutrition 79
6.5.1.2 Nutrient encapsulation 80
6.5.2 COMPLEMENTARY TECHNOLOGIES 80
6.5.2.1 Water quality monitoring systems 80
6.5.2.1.1 IoT sensors 81
6.5.2.1.2 Automated Recirculating Aquaculture Systems (RAS) 81
6.5.2.2 Digital aquaculture platforms 81
6.5.3 ADJACENT TECHNOLOGY 82
6.5.3.1 Bioreactor technology 82
6.6 PRICING ANALYSIS 82
6.6.1 AVERAGE SELLING PRICE TREND OF AQUAFEED AMONG KEY PLAYERS,
BY AQUAFEED PRODUCTS 83
6.6.2 AVERAGE SELLING PRICE TREND, BY INGREDIENT 83
6.6.3 AVERAGE SELLING PRICE TREND, BY REGION 84
6.7 ECOSYSTEM/MARKET MAP 85
6.7.1 SUPPLY SIDE 85
6.7.2 DEMAND SIDE 85
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 87
6.9 PATENT ANALYSIS 89
6.9.1 LIST OF MAJOR PATENTS 90
6.10 KEY CONFERENCES AND EVENTS, 2024-2025 93
6.11 TARIFF & REGULATORY LANDSCAPE 94
6.11.1 TARIFF RELATED TO AQUAFEED 94
6.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
6.12 REGULATORY FRAMEWORK 98
6.12.1 INTRODUCTION 98
6.12.2 NORTH AMERICA 98
6.12.2.1 US 98
6.12.2.2 Canada 99
6.12.2.3 Mexico 101
6.12.3 EUROPE 101
6.12.4 ASIA PACIFIC 102
6.12.4.1 China 102
6.12.5 JAPAN 102
6.12.5.1 India 104
6.12.5.2 Australia 105
6.12.6 SOUTH AMERICA 107
6.12.6.1 Brazil 107
6.13 PORTER'S FIVE FORCES ANALYSIS 107
6.13.1 INTENSITY OF COMPETITIVE RIVALRY 108
6.13.2 BARGAINING POWER OF SUPPLIERS 108
6.13.3 BARGAINING POWER OF BUYERS 109
6.13.4 THREAT OF SUBSTITUTES 109
6.13.5 THREAT OF NEW ENTRANTS 109
6.14 KEY STAKEHOLDERS AND BUYING CRITERIA 109
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 109
6.14.2 BUYING CRITERIA 110
6.15 CASE STUDY ANALYSIS 112
6.15.1 AVANTI FEEDS LIMITED: REVOLUTIONIZING AQUAFEED INDUSTRY IN INDIA 112
6.15.2 PICHIA GUILLIERMONDII IN AQUAFEED BY ADM 112
6.16 INVESTMENT AND FUNDING SCENARIO 113
7 AQUAFEED MARKET, BY INGREDIENT 114
7.1 INTRODUCTION 115
7.2 SOYBEAN 117
7.2.1 APPLICATION OF SOYBEAN FOR ANIMAL FEED TO BOOST MARKET 117
7.2.2 SOYBEAN MEAL 117
7.2.3 SOY OIL 117
7.2.4 SOY LECITHIN 118
7.3 FISH MEAL 119
7.3.1 FISH MEAL TO IMPROVE FEED EFFICIENCY OF FISHES AND PRAWNS AND DRIVE GROWTH 119
7.4 CORN 121
7.4.1 USE OF CORN OIL AS LOW-COST ALTERNATIVE IN AQUACULTURE
TO DRIVE GROWTH 121
7.4.2 CORN GLUTEN MEAL 121
7.4.3 CORN GLUTEN FEED 122
7.4.4 CORN OIL 122
7.5 FISH OIL 124
7.5.1 NUTRIENT INFUSED OMEGA-3 FATTY ACIDS TO PROVIDE NUTRIENTS
FOR SALMONIDS AND MARINE AND PROPEL GROWTH 124
7.6 ADDITIVES 126
7.6.1 GROWING DEMAND FOR HIGH-PROTEIN DIETS TO DRIVE MARKET 126
7.6.2 AMINO ACIDS 128
7.6.3 VITAMINS & MINERALS 129
7.6.4 PREBIOTICS & PROBIOTICS 130
7.6.5 ENZYMES 132
7.6.6 ANTIBIOTICS 133
7.6.7 ANTIOXIDANTS 134
7.6.8 OTHER ADDITIVES 135
7.7 OTHER INGREDIENTS 136
8 AQUAFEED MARKET, BY SPECIES 139
8.1 INTRODUCTION 140
8.2 FISH 142
8.2.1 FISH AS ANIMAL PROTEIN TO DRIVE DEMAND FOR
AQUAFEED INGREDIENTS AMONG ALL SPECIES 142
8.2.2 TILAPIA 144
8.2.3 SALMON 144
8.2.4 CARP 144
8.2.5 TROUT 144
8.2.6 OTHER FISH SPECIES 145
8.3 CRUSTACEANS 146
8.3.1 GROWTH IN SHRIMP PRODUCTION TO BOOST AQUAFEED CONSUMPTION AMONG CRUSTACEANS 146
8.3.2 SHRIMPS 148
8.3.3 CRABS 148
8.3.4 KRILLS 148
8.3.5 OTHER CRUSTACEANS 148
8.4 MOLLUSKS 149
8.4.1 OYSTERS AND MUSSELS TO PROPEL GROWTH 149
8.4.2 OYSTERS 151
8.4.3 MUSSELS 151
8.4.4 OTHER MOLLUSKS 151
8.5 OTHER SPECIES 152
9 AQUAFEED MARKET, BY LIFECYCLE 155
9.1 INTRODUCTION 156
9.2 GROWER FEED 157
9.2.1 NUTRIENT BALANCE OF PROTEINS, CARBS, AND FATS FOR FINGERLINGS
TO BOOST MARKET 157
9.3 FINISHER FEED 158
9.3.1 ENHANCED PROTEIN INTAKE OF AQUATIC SPECIES TO DRIVE DEMAND 158
9.4 STARTER FEED 159
9.4.1 IMPROVED DIGESTION AND NUTRITIONAL INTAKE OF SMALL AQUATIC ANIMALS TO DRIVE DEMAND 159
9.5 BROODER FEED 160
9.5.1 BOTH NATURAL AND ARTIFICIAL FEEDS TO ENSURE BETTER REPRODUCTION IN BROODERS 160
?
10 AQUAFEED MARKET, BY FORM 162
10.1 INTRODUCTION 163
10.2 DRY FORM 164
10.2.1 FREE-FLOWING STRUCTURE AND CONSISTENCY TO DRIVE GROWTH 164
10.3 WET FORM 165
10.3.1 INCREASED NUTRIENT UPTAKE, FEED CONVERSION EFFICIENCY,
AND IMPROVED GROWTH PERFORMANCE TO DRIVE MARKET 165
10.4 MOIST FORM 166
10.4.1 NUTRIENT-DENSE AND EASY-TO-CONSUME MOIST FORM TO DRIVE MARKET IN JUVENILE FISH REARING 166
11 AQUAFEED MARKET, BY FUNCTION 168
11.1 INTRODUCTION 168
11.2 NUTRITIONAL SUPPORT 168
11.3 GROWTH PROMOTORS 169
11.4 IMMUNITY SUPPORT 169
11.5 TEXTURE & PALATABILITY 170
11.6 OTHER FUNCTIONALITIES 170
12 AQUAFEED MARKET, BY REGION 171
12.1 INTRODUCTION 172
12.2 NORTH AMERICA 175
12.2.1 US 181
12.2.1.1 Increasing aquaculture production and consumption to drive growth 181
12.2.2 CANADA 183
12.2.2.1 Rise in exports to promote aquafeed market 183
12.2.3 MEXICO 185
12.2.3.1 Government initiatives to promote consumption of seafood and drive growth 185
12.3 EUROPE 187
12.3.1 NORWAY 193
12.3.1.1 Research and development activities related to aquafeed to drive growth 193
12.3.2 GREECE 195
12.3.2.1 Increase in seafood production to boost growth 195
12.3.3 UK 198
12.3.3.1 Rise in seafood consumption coupled with aquaculture trading to propel growth 198
12.3.4 RUSSIA 200
12.3.4.1 Government initiatives to propel market 200
12.3.5 SPAIN 202
12.3.5.1 Seafood trading with other countries along with vast mollusk population to drive demand 202
12.3.6 REST OF EUROPE 204
12.4 ASIA PACIFIC 205
12.4.1 CHINA 212
12.4.1.1 Growth in aquaculture industry to drive market 212
12.4.2 VIETNAM 214
12.4.2.1 Increased production and trading of shrimps and other seafood products to boost market 214
12.4.3 THAILAND 216
12.4.3.1 Rise in demand for exotic seafood products to drive market 216
12.4.4 INDONESIA 218
12.4.4.1 Maintenance of well-being of aquatic animals to drive demand for aquafeed 218
12.4.5 INDIA 220
12.4.5.1 Shift toward intensive aquafarming to propel market growth 220
12.4.6 REST OF ASIA PACIFIC 222
12.5 SOUTH AMERICA 224
12.5.1 CHILE 231
12.5.1.1 Suitable climatic conditions in large fish farms to drive growth 231
12.5.2 BRAZIL 233
12.5.2.1 Favorable government opportunities formulated to drive growth 233
12.5.3 REST OF SOUTH AMERICA 235
12.6 REST OF THE WORLD (ROW) 237
12.6.1 AFRICA 243
12.6.1.1 Limited infrastructure and inadequate market access hindering aquaculture growth 243
12.6.2 MIDDLE EAST 245
12.6.2.1 Rise in demand for value-added processed seafood products to drive growth 245
13 COMPETITIVE LANDSCAPE 247
13.1 OVERVIEW 247
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 247
13.3 REVENUE ANALYSIS, 2021-2023 249
13.4 MARKET SHARE ANALYSIS, 2023 249
13.5 COMPANY VALUATION AND FINANCIAL METRICS 252
13.5.1 COMPANY VALUATION 252
13.5.2 EV/EBITDA 252
13.6 BRAND/PRODUCT COMPARISON ANALYSIS 253
13.6.1 OCIALIS 253
13.6.2 EWOS 253
13.6.3 ROVIMAX 253
13.6.4 GEMMA 254
13.6.5 ACTIGEN 254
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 254
13.7.1 STARS 254
13.7.2 EMERGING LEADERS 254
13.7.3 PERVASIVE PLAYERS 254
13.7.4 PARTICIPANTS 255
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 256
13.7.5.1 Company footprint 256
13.7.5.2 Ingredient footprint 257
13.7.5.3 Form footprint 258
13.7.5.4 Species footprint 259
13.7.5.5 Region footprint 260
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 260
13.8.1 PROGRESSIVE COMPANIES 260
13.8.2 RESPONSIVE COMPANIES 260
13.8.3 DYNAMIC COMPANIES 261
13.8.4 STARTING BLOCKS 261
13.8.5 COMPETITIVE BENCHMARKING 262
13.8.5.1 Detailed list of key startups/SMEs 262
13.8.5.2 Competitive benchmarking of key startups/SMEs 263
13.9 COMPETITIVE SCENARIO AND TRENDS 264
13.9.1 PRODUCT LAUNCHES 264
13.9.2 DEALS 264
13.9.3 EXPANSIONS 268
13.9.4 OTHER DEVELOPMENTS 271
14 COMPANY PROFILES 272
14.1 KEY PLAYERS 272
14.1.1 ADM 272
14.1.1.1 Business overview 272
14.1.1.2 Products/Solutions/Services offered 273
14.1.1.3 Recent developments 276
14.1.1.3.1 Deals 276
14.1.1.3.2 Expansions 276
14.1.1.4 MnM view 277
14.1.1.4.1 Key strengths 277
14.1.1.4.2 Strategic choices 277
14.1.1.4.3 Weaknesses and competitive threats 277
14.1.2 CARGILL, INCORPORATED 278
14.1.2.1 Business overview 278
14.1.2.2 Products/Solutions/Services offered 279
14.1.2.3 Recent developments 281
14.1.2.3.1 Deals 281
14.1.2.3.2 Expansions 281
14.1.2.4 MnM view 281
14.1.2.4.1 Key strengths 281
14.1.2.4.2 Strategic choices 282
14.1.2.4.3 Weaknesses and competitive threats 282
14.1.3 DSM-FIRMENICH 283
14.1.3.1 Business overview 283
14.1.3.2 Products/Solutions/Services offered 284
14.1.3.3 Recent developments 285
14.1.3.3.1 Deals 285
14.1.3.4 MnM view 285
14.1.3.4.1 Key strengths 285
14.1.3.4.2 Strategic choices 285
14.1.3.4.3 Weaknesses and competitive threats 285
14.1.4 NUTRECO 286
14.1.4.1 Business overview 286
14.1.4.2 Products/Solutions/Services offered 286
14.1.4.3 Recent developments 287
14.1.4.3.1 Deals 287
14.1.4.3.2 Expansions 288
14.1.4.3.3 Other developments 289
14.1.4.4 MnM view 289
14.1.4.4.1 Key strengths 289
14.1.4.4.2 Strategic choices 289
14.1.4.4.3 Weaknesses and competitive threats 289
14.1.5 ALLTECH 290
14.1.5.1 Business overview 290
14.1.5.2 Products/Solutions/Services offered 290
14.1.5.3 Recent developments 291
14.1.5.3.1 Deals 291
14.1.5.4 MnM view 292
14.1.5.4.1 Key strengths 292
14.1.5.4.2 Strategic choices 292
14.1.5.4.3 Weaknesses and competitive threats 292
14.1.6 RIDLEY CORPORATION LIMITED 293
14.1.6.1 Business overview 293
14.1.6.2 Products/Solutions/Services offered 294
14.1.6.3 Recent developments 295
14.1.6.3.1 Deals 295
14.1.6.4 MnM view 295
?
14.1.7 PURINA ANIMAL NUTRITION LLC 296
14.1.7.1 Business overview 296
14.1.7.2 Products/Solutions/Services offered 296
14.1.7.3 Recent developments 297
14.1.7.4 MnM view 297
14.1.8 ADISSEO 298
14.1.8.1 Business overview 298
14.1.8.2 Products/Solutions/Services offered 299
14.1.8.3 Recent developments 300
14.1.8.3.1 Deals 300
14.1.8.3.2 Other developments 301
14.1.8.4 MnM view 301
14.1.9 ALLER AQUA GROUP 302
14.1.9.1 Business overview 302
14.1.9.2 Products/Solutions/Services offered 302
14.1.9.3 Recent developments 303
14.1.9.3.1 Product launches 303
14.1.9.3.2 Deals 303
14.1.9.4 MnM view 303
14.1.10 AVANTI FEEDS LIMITED 304
14.1.10.1 Business overview 304
14.1.10.2 Products/Solutions/Services offered 305
14.1.10.3 Recent developments 306
14.1.10.3.1 Expansions 306
14.1.10.4 MnM view 306
14.1.11 THE WATERBASE LIMITED 307
14.1.11.1 Business overview 307
14.1.11.2 Products/Solutions/Services offered 308
14.1.11.3 Recent developments 308
14.1.11.4 MnM view 309
14.1.12 JAPFA LTD 310
14.1.12.1 Business overview 310
14.1.12.2 Products/Solutions/Services offered 311
14.1.12.3 Recent developments 312
14.1.12.4 MnM view 312
14.1.13 CHAROEN POKPHAND FOODS PCL 313
14.1.13.1 Business overview 313
14.1.13.2 Products/Solutions/Services offered 314
14.1.13.3 Recent developments 315
14.1.13.3.1 Product launches 315
14.1.13.3.2 Deals 315
14.1.13.3.3 Expansions 316
14.1.13.4 MnM view 316
14.1.14 BIOMAR GROUP 317
14.1.14.1 Business overview 317
14.1.14.2 Products/Solutions/Services offered 317
14.1.14.3 Recent developments 319
14.1.14.3.1 Product launches 319
14.1.14.3.2 Deals 319
14.1.14.3.3 Expansions 320
14.1.14.4 MnM view 320
14.1.15 NOREL ANIMAL NUTRITION 321
14.1.15.1 Business overview 321
14.1.15.2 Products/Solutions/Services offered 321
14.1.15.3 Recent developments 322
14.1.15.4 MnM view 322
14.1.16 DE HEUS ANIMAL NUTRITION 323
14.1.16.1 Business overview 323
14.1.16.2 Products/Solutions/Services offered 323
14.1.16.3 Recent developments 324
14.1.16.3.1 Deals 324
14.1.16.3.2 Expansions 325
14.1.16.4 MnM view 325
14.1.17 NOVUS INTERNATIONAL, INC. 326
14.1.17.1 Business overview 326
14.1.17.2 Products/Solutions/Services offered 326
14.1.17.3 Recent developments 326
14.1.17.4 MnM view 326
14.1.18 BIOSTADT 327
14.1.18.1 Business overview 327
14.1.18.2 Products/Solutions/Services offered 327
14.1.18.3 Recent developments 328
14.1.18.4 MnM view 328
14.1.19 MARUBENI NISSHIN FEED CO., LTD 329
14.1.19.1 Business overview 329
14.1.19.2 Products/Solutions/Services offered 329
14.1.19.3 Recent developments 330
14.1.19.4 MnM view 330
14.1.20 KENT NUTRITION GROUP 331
14.1.20.1 Business overview 331
14.1.20.2 Products/Solutions/Services offered 331
14.1.20.3 Recent developments 331
14.1.20.4 MnM view 331
?
14.2 OTHER PLAYERS 332
14.2.1 MARVESA 332
14.2.2 BENEO 333
14.2.3 GROWEL 334
14.2.4 SONAC 335
14.2.5 LIFE CIRCLE NUTRITION 336
15 ADJACENT & RELATED MARKET 337
15.1 INTRODUCTION 337
15.2 STUDY LIMITATIONS 337
15.3 COMPOUND FEED MARKET 337
15.3.1 MARKET DEFINITION 337
15.3.2 MARKET OVERVIEW 338
15.4 FEED ADDITIVES MARKET 338
15.4.1 MARKET DEFINITION 338
15.4.2 MARKET OVERVIEW 339
16 APPENDIX 340
16.1 DISCUSSION GUIDE 340
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 349
16.3 CUSTOMIZATION OPTIONS 351
16.4 RELATED REPORTS 351
16.5 AUTHOR DETAILS 352
TABLE 1 USD EXCHANGE RATES, 2020-2023 34
TABLE 2 AQUAFEED MARKET SHARE SNAPSHOT, 2024 VS. 2029 (USD BILLION) 48
TABLE 3 GLOBAL: WORLD AQUACULTURE PRODUCTION, 1990-2022 (MILLION TONNES) 62
TABLE 4 TOP 10 EXPORTERS OF HS CODE 230990, 2019-2023 (USD THOUSAND) 77
TABLE 5 TOP 10 EXPORTERS OF HS CODE 230990, 2019-2023 (TONS) 78
TABLE 6 TOP 10 IMPORTERS OF HS CODE 230990, 2019-2023 (USD THOUSAND) 78
TABLE 7 TOP 10 IMPORTERS OF HS CODE 230990, 2019-2023 (TONS) 79
TABLE 8 AVERAGE SELLING PRICE TREND OF AQUAFEED AMONG KEY PLAYERS,
BY AQUAFEED PRODUCT, 2023 (USD/TON) 83
TABLE 9 AVERAGE SELLING PRICE, BY INGREDIENT, 2020-2023 (USD/TON) 84
TABLE 10 AVERAGE SELLING PRICE, BY REGION, 2020-2023 (USD/TON) 85
TABLE 11 AQUAFEED MARKET: ECOSYSTEM 87
TABLE 12 LIST OF MAJOR PATENTS PERTAINING TO AQUAFEED MARKET, 2021-2024 90
TABLE 13 AQUAFEED MARKET: KEY DETAILED LIST OF CONFERENCES AND EVENTS,
2024-2025 93
TABLE 14 TARIFF FOR HS CODE: 230990 94
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 18 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 19 IMPACT OF PORTER'S FIVE FORCES ON AQUAFEED MARKET 107
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SPECIES OF AQUAFEED 110
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE TYPES OF AQUAFEED 111
TABLE 22 AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 116
TABLE 23 AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 116
TABLE 24 AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 116
TABLE 25 AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 117
TABLE 26 SOYBEAN: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 118
TABLE 27 SOYBEAN: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 118
TABLE 28 SOYBEAN: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 119
TABLE 29 SOYBEAN: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 119
TABLE 30 FISH MEAL: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 120
TABLE 31 FISH MEAL: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 120
TABLE 32 FISH MEAL: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 120
TABLE 33 FISH MEAL: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 121
TABLE 34 CORN: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 122
TABLE 35 CORN: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 123
TABLE 36 CORN: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 123
TABLE 37 CORN: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 123
TABLE 38 FISH OIL: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 124
TABLE 39 FISH OIL: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 125
TABLE 40 FISH OIL: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 125
TABLE 41 FISH OIL: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 125
TABLE 42 ADDITIVES: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 126
TABLE 43 ADDITIVES: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 126
TABLE 44 ADDITIVES: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 127
TABLE 45 ADDITIVES: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 127
TABLE 46 ADDITIVES: AQUAFEED MARKET, BY SUB-TYPE, 2020-2023 (USD MILLION) 127
TABLE 47 ADDITIVES: AQUAFEED MARKET, BY SUB-TYPE, 2024-2029 (USD MILLION) 128
TABLE 48 AMINO ACIDS: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 129
TABLE 49 AMINO ACIDS: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 129
TABLE 50 VITAMINS & MINERALS: AQUAFEED MARKET, BY REGION,
2020-2023 (USD MILLION) 130
TABLE 51 VITAMINS & MINERALS: AQUAFEED MARKET, BY REGION,
2024-2029 (USD MILLION) 130
TABLE 52 PREBIOTICS & PROBIOTICS: AQUAFEED MARKET, BY REGION,
2020-2023 (USD MILLION) 131
TABLE 53 PREBIOTICS & PROBIOTICS: AQUAFEED MARKET, BY REGION,
2024-2029 (USD MILLION) 131
TABLE 54 ENZYMES: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 132
TABLE 55 ENZYMES: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 133
TABLE 56 ANTIBIOTICS: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 133
TABLE 57 ANTIBIOTICS: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 134
TABLE 58 ANTIOXIDANTS: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 135
TABLE 59 ANTIOXIDANTS: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 135
TABLE 60 OTHER ADDITIVES: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 136
TABLE 61 OTHER ADDITIVES: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 136
TABLE 62 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION,
2020-2023 (USD MILLION) 137
TABLE 63 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION,
2024-2029 (USD MILLION) 137
TABLE 64 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 138
TABLE 65 OTHER INGREDIENTS: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 138
TABLE 66 AQUAFEED MARKET, BY SPECIES, 2020-2023 (USD MILLION) 140
TABLE 67 AQUAFEED MARKET, BY SPECIES, 2024-2029 (USD MILLION) 141
TABLE 68 AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 141
TABLE 69 AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 141
TABLE 70 FISH: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 142
TABLE 71 FISH: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 143
TABLE 72 FISH: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 143
TABLE 73 FISH: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 143
TABLE 74 FISH: AQUAFEED MARKET, BY SUB-TYPE, 2020-2023 (USD MILLION) 145
TABLE 75 FISH: AQUAFEED MARKET, SUB-TYPE, 2024-2029 (USD MILLION) 145
TABLE 76 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 146
TABLE 77 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 147
TABLE 78 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 147
TABLE 79 CRUSTACEANS: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 147
TABLE 80 CRUSTACEANS: AQUAFEED MARKET, BY SUB-TYPE, 2020-2023 (USD MILLION) 148
TABLE 81 CRUSTACEANS: AQUAFEED MARKET, BY SUB-TYPE, 2024-2029 (USD MILLION) 149
TABLE 82 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 150
TABLE 83 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 150
TABLE 84 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 150
TABLE 85 MOLLUSKS: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 151
TABLE 86 MOLLUSKS: AQUAFEED MARKET, BY SUB-TYPE, 2020-2023 (USD MILLION) 152
TABLE 87 MOLLUSKS: AQUAFEED MARKET, BY SUB-TYPE, 2024-2029 (USD MILLION) 152
TABLE 88 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 153
TABLE 89 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 153
TABLE 90 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 153
TABLE 91 OTHER SPECIES: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 154
TABLE 92 AQUAFEED MARKET, BY LIFECYCLE, 2020-2023 (USD MILLION) 156
TABLE 93 AQUAFEED MARKET, BY LIFECYCLE, 2024-2029 (USD MILLION) 157
TABLE 94 GROWER FEED: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 158
TABLE 95 GROWER FEED: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 158
TABLE 96 FINISHER FEED: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 159
TABLE 97 FINISHER FEED: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 159
TABLE 98 STARTER FEED: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 160
TABLE 99 STARTER FEED: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 160
TABLE 100 BROODER FEED: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 161
TABLE 101 BROODER FEED: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 161
TABLE 102 AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 163
TABLE 103 AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 164
TABLE 104 DRY FORM: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 164
TABLE 105 DRY FORM: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 165
TABLE 106 WET FORM: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 166
TABLE 107 WET FORM: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 166
TABLE 108 MOIST FORM: AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 167
TABLE 109 MOIST FORM: AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 167
TABLE 110 AQUAFEED MARKET, BY REGION, 2020-2023 (USD MILLION) 173
TABLE 111 AQUAFEED MARKET, BY REGION, 2024-2029 (USD MILLION) 174
TABLE 112 AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 174
TABLE 113 AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 174
TABLE 114 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 175
TABLE 115 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 175
TABLE 116 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (KT) 176
TABLE 117 NORTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (KT) 176
TABLE 118 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 176
TABLE 119 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 177
TABLE 120 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 177
TABLE 121 NORTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 177
TABLE 122 NORTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2020-2023 (USD MILLION) 178
TABLE 123 NORTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2024-2029 (USD MILLION) 178
TABLE 124 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2020-2023 (USD MILLION) 178
TABLE 125 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2024-2029 (USD MILLION) 179
TABLE 126 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 179
TABLE 127 NORTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 179
TABLE 128 NORTH AMERICA: AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 180
TABLE 129 NORTH AMERICA: AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 180
TABLE 130 NORTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2020-2023 (USD MILLION) 180
TABLE 131 NORTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2024-2029 (USD MILLION) 180
TABLE 132 US: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 181
TABLE 133 US: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 182
TABLE 134 US: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 182
TABLE 135 US: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 182
TABLE 136 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 183
TABLE 137 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 184
TABLE 138 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 184
TABLE 139 CANADA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 184
TABLE 140 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 185
TABLE 141 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 186
TABLE 142 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 186
TABLE 143 MEXICO: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 186
TABLE 144 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 187
TABLE 145 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 188
TABLE 146 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (KT) 188
TABLE 147 EUROPE: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (KT) 188
TABLE 148 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 189
TABLE 149 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 189
TABLE 150 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 189
TABLE 151 EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 190
TABLE 152 EUROPE: AQUAFEED MARKET, BY ADDITIVE, 2020-2023 (USD MILLION) 190
TABLE 153 EUROPE: AQUAFEED MARKET, BY ADDITIVE, 2024-2029 (USD MILLION) 190
TABLE 154 EUROPE: AQUAFEED MARKET, BY SPECIES, 2020-2023 (USD MILLION) 191
TABLE 155 EUROPE: AQUAFEED MARKET, BY SPECIES, 2024-2029 (USD MILLION) 191
TABLE 156 EUROPE: AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 191
TABLE 157 EUROPE: AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 192
TABLE 158 EUROPE: AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 192
TABLE 159 EUROPE: AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 192
TABLE 160 EUROPE: AQUAFEED MARKET, BY LIFECYCLE, 2020-2023 (USD MILLION) 192
TABLE 161 EUROPE: AQUAFEED MARKET, BY LIFECYCLE, 2024-2029 (USD MILLION) 193
TABLE 162 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 194
TABLE 163 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 194
TABLE 164 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 195
TABLE 165 NORWAY: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 195
TABLE 166 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 196
TABLE 167 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 197
TABLE 168 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 197
TABLE 169 GREECE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 197
TABLE 170 UK: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 198
TABLE 171 UK: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 199
TABLE 172 UK: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 199
TABLE 173 UK: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 199
TABLE 174 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 200
TABLE 175 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 201
TABLE 176 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 201
TABLE 177 RUSSIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 201
TABLE 178 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 202
TABLE 179 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 203
TABLE 180 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 203
TABLE 181 SPAIN: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 203
TABLE 182 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 204
TABLE 183 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 204
TABLE 184 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 205
TABLE 185 REST OF EUROPE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 205
TABLE 186 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 207
TABLE 187 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 207
TABLE 188 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (KT) 207
TABLE 189 ASIA PACIFIC: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (KT) 208
TABLE 190 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 208
TABLE 191 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 208
TABLE 192 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 209
TABLE 193 ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 209
TABLE 194 ASIA PACIFIC: AQUAFEED MARKET, BY ADDITIVE, 2020-2023 (USD MILLION) 209
TABLE 195 ASIA PACIFIC: AQUAFEED MARKET, BY ADDITIVE, 2024-2029 (USD MILLION) 210
TABLE 196 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2020-2023 (USD MILLION) 210
TABLE 197 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2024-2029 (USD MILLION) 210
TABLE 198 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 211
TABLE 199 ASIA PACIFIC: AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 211
TABLE 200 ASIA PACIFIC: AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 211
TABLE 201 ASIA PACIFIC: AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 211
TABLE 202 ASIA PACIFIC: AQUAFEED MARKET, BY LIFECYCLE, 2020-2023 (USD MILLION) 212
TABLE 203 ASIA PACIFIC: AQUAFEED MARKET, BY LIFECYCLE, 2024-2029 (USD MILLION) 212
TABLE 204 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 213
TABLE 205 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 213
TABLE 206 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 214
TABLE 207 CHINA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 214
TABLE 208 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 215
TABLE 209 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 215
TABLE 210 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 216
TABLE 211 VIETNAM: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 216
TABLE 212 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 217
TABLE 213 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 217
TABLE 214 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 218
TABLE 215 THAILAND: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 218
TABLE 216 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 219
TABLE 217 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 219
TABLE 218 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 219
TABLE 219 INDONESIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 220
TABLE 220 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 221
TABLE 221 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 221
TABLE 222 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 221
TABLE 223 INDIA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 222
TABLE 224 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 223
TABLE 225 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 223
TABLE 226 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 223
TABLE 227 REST OF ASIA PACIFIC: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 224
TABLE 228 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 225
TABLE 229 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 226
TABLE 230 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2020-2023 (KT) 226
TABLE 231 SOUTH AMERICA: AQUAFEED MARKET, BY COUNTRY, 2024-2029 (KT) 226
TABLE 232 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 227
TABLE 233 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 227
TABLE 234 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 227
TABLE 235 SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 228
TABLE 236 SOUTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2020-2023 (USD MILLION) 228
TABLE 237 SOUTH AMERICA: AQUAFEED MARKET, BY ADDITIVE, 2024-2029 (USD MILLION) 228
TABLE 238 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2020-2023 (USD MILLION) 229
TABLE 239 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2024-2029 (USD MILLION) 229
TABLE 240 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 229
TABLE 241 SOUTH AMERICA: AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 230
TABLE 242 SOUTH AMERICA: AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 230
TABLE 243 SOUTH AMERICA: AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 230
TABLE 244 SOUTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2020-2023 (USD MILLION) 230
TABLE 245 SOUTH AMERICA: AQUAFEED MARKET, BY LIFECYCLE, 2024-2029 (USD MILLION) 231
TABLE 246 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 231
TABLE 247 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 232
TABLE 248 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 232
TABLE 249 CHILE: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 232
TABLE 250 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 233
TABLE 251 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 234
TABLE 252 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 234
TABLE 253 BRAZIL: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 234
TABLE 254 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 235
TABLE 255 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 236
TABLE 256 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 236
TABLE 257 REST OF SOUTH AMERICA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 236
TABLE 258 REST OF THE WORLD: AQUAFEED MARKET, BY REGION,
2020-2023 (USD MILLION) 237
TABLE 259 REST OF THE WORLD: AQUAFEED MARKET, BY REGION,
2024-2029 (USD MILLION) 237
TABLE 260 REST OF THE WORLD: AQUAFEED MARKET, BY REGION, 2020-2023 (KT) 238
TABLE 261 REST OF THE WORLD: AQUAFEED MARKET, BY REGION, 2024-2029 (KT) 238
TABLE 262 REST OF THE WORLD: AQUAFEED MARKET, BY INGREDIENT,
2020-2023 (USD MILLION) 238
TABLE 263 REST OF THE WORLD: AQUAFEED MARKET, BY INGREDIENT,
2024-2029 (USD MILLION) 239
TABLE 264 REST OF THE WORLD: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 239
TABLE 265 REST OF THE WORLD: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 239
TABLE 266 REST OF THE WORLD: AQUAFEED MARKET, BY ADDITIVE,
2020-2023 (USD MILLION) 240
TABLE 267 REST OF THE WORLD: AQUAFEED MARKET, BY ADDITIVE,
2024-2029 (USD MILLION) 240
TABLE 268 REST OF THE WORLD: AQUAFEED MARKET, BY SPECIES,
2020-2023 (USD MILLION) 240
TABLE 269 REST OF THE WORLD: AQUAFEED MARKET, BY SPECIES,
2024-2029 (USD MILLION) 241
TABLE 270 REST OF THE WORLD: AQUAFEED MARKET, BY SPECIES, 2020-2023 (KT) 241
TABLE 271 REST OF THE WORLD: AQUAFEED MARKET, BY SPECIES, 2024-2029 (KT) 241
TABLE 272 REST OF THE WORLD: AQUAFEED MARKET, BY FORM, 2020-2023 (USD MILLION) 242
TABLE 273 REST OF THE WORLD: AQUAFEED MARKET, BY FORM, 2024-2029 (USD MILLION) 242
TABLE 274 REST OF THE WORLD: AQUAFEED MARKET, BY LIFECYCLE,
2020-2023 (USD MILLION) 242
TABLE 275 REST OF THE WORLD: AQUAFEED MARKET, BY LIFECYCLE,
2024-2029 (USD MILLION) 242
TABLE 276 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 243
TABLE 277 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 244
TABLE 278 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 244
TABLE 279 AFRICA: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 244
TABLE 280 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (USD MILLION) 245
TABLE 281 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (USD MILLION) 246
TABLE 282 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2020-2023 (KT) 246
TABLE 283 MIDDLE EAST: AQUAFEED MARKET, BY INGREDIENT, 2024-2029 (KT) 246
TABLE 284 OVERVIEW OF STRATEGIES ADOPTED BY KEY AQUAFEED VENDORS 247
TABLE 285 AQUAFEED MARKET: DEGREE OF COMPETITION 250
TABLE 286 AQUAFEED MARKET: INGREDIENT FOOTPRINT 257
TABLE 287 AQUAFEED MARKET: FORM FOOTPRINT 258
TABLE 288 AQUAFEED MARKET: SPECIES FOOTPRINT 259
TABLE 289 AQUAFEED MARKET: REGION FOOTPRINT 260
TABLE 290 AQUAFEED MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2023 262
TABLE 291 AQUAFEED MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 263
TABLE 292 AQUAFEED MARKET: PRODUCT LAUNCHES, DECEMBER 2021-JUNE 2024 264
TABLE 293 AQUAFEED MARKET: DEALS, JANUARY 2020-AUGUST 2024 265
TABLE 294 AQUAFEED MARKET: EXPANSIONS, JULY 2020-JULY 2024 268
TABLE 295 AQUAFEED MARKET: OTHER DEVELOPMENTS, FEBRUARY 2023-JUNE 2024 271
TABLE 296 ADM: COMPANY OVERVIEW 272
TABLE 297 ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 273
TABLE 298 ADM: DEALS 276
TABLE 299 ADM: EXPANSIONS 276
TABLE 300 CARGILL, INCORPORATED: COMPANY OVERVIEW 278
TABLE 301 CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 279
TABLE 302 CARGILL, INCORPORATED: DEALS 281
TABLE 303 CARGILL, INCORPORATED: EXPANSIONS 281
TABLE 304 DSM-FIRMENICH: COMPANY OVERVIEW 283
TABLE 305 DSM-FIRMENICH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 306 DSM-FIRMENICH: DEALS 285
TABLE 307 NUTRECO: COMPANY OVERVIEW 286
TABLE 308 NUTRECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 309 NUTRECO: DEALS 287
TABLE 310 NUTRECO: EXPANSIONS 288
TABLE 311 NUTRECO: OTHER DEVELOPMENTS 289
TABLE 312 ALLTECH: COMPANY OVERVIEW 290
TABLE 313 ALLTECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
TABLE 314 ALLTECH: DEALS 291
TABLE 315 RIDLEY CORPORATION LIMITED: COMPANY OVERVIEW 293
TABLE 316 RIDLEY CORPORATION LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 294
TABLE 317 RIDLEY CORPORATION LIMITED: DEALS 295
TABLE 318 PURINA ANIMAL NUTRITION LLC: COMPANY OVERVIEW 296
TABLE 319 PURINA ANIMAL NUTRITION LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 296
TABLE 320 ADISSEO: COMPANY OVERVIEW 298
TABLE 321 ADISSEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 299
TABLE 322 ADISSEO: DEALS 300
TABLE 323 ADISSEO: OTHER DEALS/DEVELOPMENTS 301
TABLE 324 ALLER AQUA GROUP: COMPANY OVERVIEW 302
TABLE 325 ALLER AQUA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 302
TABLE 326 ALLER AQUA GROUP: PRODUCT LAUNCHES 303
TABLE 327 ALLER AQUA GROUP: DEALS 303
TABLE 328 AVANTI FEEDS LIMITED: COMPANY OVERVIEW 304
TABLE 329 AVANTI FEEDS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 305
TABLE 330 AVANTI FEEDS LIMITED: EXPANSIONS 306
TABLE 331 THE WATERBASE LIMITED: COMPANY OVERVIEW 307
TABLE 332 THE WATERBASE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 308
TABLE 333 JAPFA LTD: COMPANY OVERVIEW 310
TABLE 334 JAPFA LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 311
TABLE 335 CHAROEN POKPHAND FOODS PCL: COMPANY OVERVIEW 313
TABLE 336 CHAROEN POKPHAND FOODS PCL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 314
TABLE 337 CHAROEN POKPHAND FOODS PCL: PRODUCT LAUNCHES 315
TABLE 338 CHAROEN POKPHAND FOODS PCL: DEALS 315
TABLE 339 CHAROEN POKPHAND FOODS PCL: EXPANSIONS 316
TABLE 340 BIOMAR GROUP: COMPANY OVERVIEW 317
TABLE 341 BIOMAR GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 342 BIOMAR GROUP: PRODUCT LAUNCHES 319
TABLE 343 BIOMAR GROUP: DEALS 319
TABLE 344 BIOMAR GROUP: EXPANSIONS 320
TABLE 345 NOREL ANIMAL NUTRITION: COMPANY OVERVIEW 321
TABLE 346 NOREL ANIMAL NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 321
TABLE 347 DE HEUS ANIMAL NUTRITION: COMPANY OVERVIEW 323
TABLE 348 DE HEUS ANIMAL NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 323
TABLE 349 DE HEUS ANIMAL NUTRITION: DEALS 324
TABLE 350 DE HEUS ANIMAL NUTRITION: EXPANSIONS 325
TABLE 351 NOVUS INTERNATIONAL, INC.: COMPANY OVERVIEW 326
TABLE 352 NOVUS INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 326
TABLE 353 BIOSTADT: COMPANY OVERVIEW 327
TABLE 354 BIOSTADT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 327
TABLE 355 MARUBENI NISSHIN FEED CO., LTD: COMPANY OVERVIEW 329
TABLE 356 MARUBENI NISSHIN FEED CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 329
TABLE 357 KENT NUTRITION GROUP: COMPANY OVERVIEW 331
TABLE 358 KENT NUTRITION GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 331
TABLE 359 MARVESA: COMPANY OVERVIEW 332
TABLE 360 BENEO: COMPANY OVERVIEW 333
TABLE 361 GROWEL: COMPANY OVERVIEW 334
TABLE 362 SONAC: COMPANY OVERVIEW 335
TABLE 363 LIFE CIRCLE NUTRITION: COMPANY OVERVIEW 336
TABLE 364 ADJACENT MARKETS TO AQUAFEED MARKET 337
?
TABLE 365 COMPOUND FEED MARKET, BY SOURCE, 2018-2022 (USD BILLION) 338
TABLE 366 COMPOUND FEED MARKET, BY SOURCE, 2023-2028 (USD BILLION) 338
TABLE 367 FEED ADDITIVES MARKET, BY FORM, 2018-2022 (USD BILLION) 339
TABLE 368 FEED ADDITIVES MARKET, BY FORM, 2023-2028 (USD BILLION) 339
FIGURE 1 AQUAFEED MARKET: RESEARCH DESIGN 36
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 39
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 41
FIGURE 4 AQUAFEED MARKET SIZE CALCULATION: SUPPLY SIDE 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 43
FIGURE 6 DATA TRIANGULATION 44
FIGURE 7 FISH MEAL SEGMENT TO HOLD LARGEST MARKET SIZE IN 2024 49
FIGURE 8 DRY FORM TO ACCOUNT FOR MAJOR MARKET SIZE IN 2024 49
FIGURE 9 GROWER SEGMENT TO LEAD MARKET IN 2024 50
FIGURE 10 FISH SEGMENT TO HOLD LARGER MARKET SIZE IN 2024 51
FIGURE 11 AQUAFEED MARKET SHARE AND GROWTH RATE, BY REGION, 2024 (VALUE) 51
FIGURE 12 INCREASING TRADE OF SEAFOOD TO PROPEL MARKET GROWTH 53
FIGURE 13 VIETNAM ACCOUNTED FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 54
FIGURE 14 CHINA AND DRY FORM SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024 54
FIGURE 15 FISH MEAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 55
FIGURE 16 DRY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 56
FIGURE 17 GROWER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 56
FIGURE 18 FISH SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 57
FIGURE 19 GLOBAL POPULATION GROWTH, 1950-2050 (BILLION) 59
FIGURE 20 GDP GROWTH, 2016-2023 (TRILLION) 59
FIGURE 21 AQUACULTURE PRODUCTION OF AQUATIC ANIMALS, BY REGION, 2022 VS. 2032 60
FIGURE 22 AQUAFEED MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 61
FIGURE 23 ADOPTION OF GEN AI IN ANIMAL NUTRITION 69
FIGURE 24 AQUAFEED MARKET: SUPPLY CHAIN ANALYSIS 73
FIGURE 25 VALUE CHAIN ANALYSIS: AQUAFEED MARKET 74
FIGURE 26 EXPORT VALUE OF ANIMAL FEEDING RELATED TO AQUAFEED FOR KEY COUNTRIES, 2019-2023 (USD THOUSAND) 76
FIGURE 27 IMPORT VALUE OF ANIMAL FEEDING RELATED TO AQUAFEED FOR KEY COUNTRIES, 2019-2023 (USD THOUSAND) 77
FIGURE 28 AVERAGE SELLING PRICE TREND OF AQUAFEED AMONG KEY PLAYERS, BY AQUAFEED PRODUCT, 2023 (USD/TON) 83
FIGURE 29 AVERAGE SELLING PRICE TREND, BY INGREDIENT, 2020-2023 (USD/TON) 84
FIGURE 30 AVERAGE SELLING PRICE TREND, BY REGION, 2020-2023 (USD/TON) 85
FIGURE 31 KEY PLAYERS IN AQUAFEED ECOSYSTEM 86
FIGURE 32 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 88
FIGURE 33 NUMBER OF PATENTS GRANTED FOR AQUAFEED MARKET, 2013-2023 89
FIGURE 34 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AQUAFEED MARKET,
2013-2023 90
FIGURE 35 PORTER'S FIVE FORCES ANALYSIS: AQUAFEED MARKET 108
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS 110
FIGURE 37 KEY BUYING CRITERIA FOR SPECIES 111
FIGURE 38 INVESTMENT AND FUNDING SCENARIO, 2020-2024 (USD MILLION) 113
FIGURE 39 AQUAFEED MARKET SIZE, BY INGREDIENT, 2024 VS. 2029 (USD MILLION) 115
FIGURE 40 AQUAFEED MARKET SIZE, BY SPECIES, 2024 VS. 2029 (USD MILLION) 140
FIGURE 41 AQUAFEED MARKET SIZE, BY LIFECYCLE, 2024 VS. 2029 (USD MILLION) 156
FIGURE 42 AQUAFEED MARKET SIZE, BY FORM, 2024 VS. 2029 (USD MILLION) 163
FIGURE 43 VIETNAM TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 173
FIGURE 44 ASIA PACIFIC: AQUAFEED MARKET SNAPSHOT, 2024 206
FIGURE 45 SOUTH AMERICA: AQUAFEED MARKET SNAPSHOT, 2024 225
FIGURE 46 REVENUE ANALYSIS FOR KEY COMPANIES IN LAST THREE YEARS,
2021-2023 (USD BILLION) 249
FIGURE 47 SHARE OF LEADING COMPANIES IN AQUAFEED MARKET, 2023 250
FIGURE 48 COMPANY VALUATION OF KEY AQUAFEED VENDORS 252
FIGURE 49 EV/EBITDA OF KEY COMPANIES 252
FIGURE 50 BRAND/PRODUCT COMPARISON ANALYSIS, BY PRODUCT BRAND 253
FIGURE 51 AQUAFEED MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 255
FIGURE 52 AQUAFEED MARKET: COMPANY FOOTPRINT 256
FIGURE 53 AQUAFEED MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 261
FIGURE 54 ADM: COMPANY SNAPSHOT 273
FIGURE 55 CARGILL, INCORPORATED: COMPANY SNAPSHOT 278
FIGURE 56 DSM-FIRMENICH: COMPANY SNAPSHOT 284
FIGURE 57 RIDLEY CORPORATION LIMITED: COMPANY SNAPSHOT 294
FIGURE 58 ADISSEO: COMPANY SNAPSHOT 298
FIGURE 59 AVANTI FEEDS LIMITED: COMPANY SNAPSHOT 305
FIGURE 60 THE WATERBASE LIMITED: COMPANY SNAPSHOT 308
FIGURE 61 JAPFA LTD: COMPANY SNAPSHOT 311
FIGURE 62 CHAROEN POKPHAND FOODS PCL: COMPANY SNAPSHOT 314
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security