Warm Water Aquaculture Feed Market is projected to register a substantial CAGR of 5.3% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Warm Water Aquaculture Feed Market
- Development of new formulated aquaculture feed
- Growing aquaculture industry
Restraints:
- Fluctuation of raw material prices
- Strong market presence of cold water aquaculture
Opportunity;
- Growing demand of high value, omega 3 fatty acids owing to health benefits
Challenge:
- Dependency on marine ingredient for aquaculture
Market Trends
Global Warm Water Aquaculture Feed Market is segmented into four notable segments which are water type, species, feed type and nature.
- On the basis of water type, the market is segmented into freshwater and saltwater. The fresh water segment is dominating the market because of rising adaptation of fresh water for production of breeder’s aquaculture with high sustainability and high inland aquaculture leading the growth of the market in coming years.
- On the basis of species, the market is segmented into barramundi, catfish, carp, pike perch, tilapia, sturgeon, yellowtail kingfish, Eel, sea bass, sea bream, grouper, meagre, rockfish, sole, turbot, milk fish and others. The carps segment is expected to dominate the market as the carps are observed in Asian countries due to the consumption of the meals and utilization of the carps isolated ingredients requiring the high culture of carps and utilization of feed in their production.
- On the basis of feed type, the market is segmented into fry feed, grower feed, broodstock feed, functional feed, organic feed, starters and others
- On the basis of nature, the market is segmented into organic and conventional
Major Players: Global Warm Water Aquaculture Feed Market
Some of the major players operating in the global warm water aquaculture feed market are BioMar Group, BIOMIN Holding GmbH, Aller Aqua Group, Charoen Pokphand Foods PCL, Adisseo, Purina Animal Nutrition LLC., Alltech, Rangen Inc, THAN VUONG COMPANY LTD, BRF, Cargill, Incorporated., Nutreco N.V., Archer Daniels Midland Company, Calysta, Inc., Spectrum Brands, Inc., Solvay, Kemin Industries, Inc., Bio-Oregon, TECHNA SA, Evonik Industries AG and Avanti Feeds Ltd among others.
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