Press release
Benefits Associated Sea Food Consumption to Make Aquafeed Market Grow At 6.50% CAGR
The global aquafeed market depicts the presence of a highly competitive vendor landscape, owing to the presence of innumerable well-established players, says Transparency Market Research on the basis of a recently published report. Most companies are participating in mergers and acquisitions, strategic partnerships, and collaborations. With new players entering the market on a regular basis, the market is expected to experience an invigorated competitive landscape during the next few years.
Request Sample For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31064
Many players are expected to focus on improving aquafeed product manufacturing techniques, thus making an assortment of aquafeed products available to consumers. Making unique commodities is a key area where a high emphasis will be put by most of the players in the global aquafeed market.
Cermaq Group AS, Koninklijke DSM N.V., BENEO GmbH, Dibaq Diproteg SA, Ridley Corp. Ltd., Nutreco N.V., Aller Aqua Group A/S, Cargill Inc., and Archer Daniels Midland Co., are key players operating in the global aquafeed market. Owing to innovative production methods introduced, several players are aiming towards increasing product yield and production capacity, as well as regulating product costs.
Read Report Overview @ https://www.transparencymarketresearch.com/aquafeed-market.html
According to experts from Transparency Market Research, the global aquafeed market is expected to fetch revenue worth US$70.09 bn by the end of 2022, which is a decent increase in its earlier revenue of US$51.12 bn registered in 2017. This growth is projected to occur at an impressive CAGR of 6.50% measured during the forecast period from 2017 to 2022.
Growth in the global aquafeed market is largely boosted due to rising awareness about the protein-based health benefits of consuming seafood products. With high-protein rich diets that involve eating aquafeed varieties being followed all over the globe, the global aquafeed market is progressing rapidly to showcase a positive growth curve in the near future.
Several health conscious people need a high intake of proteins in their diets. As aquafeed items provide such nutrients, several health freaks regularly consume these foods, thus causing a rise in their demand. Moreover, people are increasingly keeping fishes in aquariums as pets, thus contributing towards a rise in the need for appropriate aquafeed. This feed needs to be provided to the fishes on a regular basis.
Rapid urbanization and a surge in disposable income with improving lifestyles have led towards people trying out different options for gaining proteins as key nutrients, thus leading to an increase in demand for aquafeed products. Such factors are prophesized to continue propelling the global aquafeed market’s growth in the upcoming years. Growing popularity of aquaculture production in prime economies such as China and India also is a prime factor propelling the market’s growth.
However, strict regulations regarding use of fishes and other sea creatures for aesthetic purposes, as well as for consumption purposes, is greatly hampering the global aquafeed market’s growth. Moreover, processing aquafeed could be expensive, further translating into expensive products for consumers. Nevertheless, many businesses are soon expected to introduce cost-effective aquaculture solutions, thereby attempting to reduce the effects of restraints acting on the market.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Request Sample For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31064
Many players are expected to focus on improving aquafeed product manufacturing techniques, thus making an assortment of aquafeed products available to consumers. Making unique commodities is a key area where a high emphasis will be put by most of the players in the global aquafeed market.
Cermaq Group AS, Koninklijke DSM N.V., BENEO GmbH, Dibaq Diproteg SA, Ridley Corp. Ltd., Nutreco N.V., Aller Aqua Group A/S, Cargill Inc., and Archer Daniels Midland Co., are key players operating in the global aquafeed market. Owing to innovative production methods introduced, several players are aiming towards increasing product yield and production capacity, as well as regulating product costs.
Read Report Overview @ https://www.transparencymarketresearch.com/aquafeed-market.html
According to experts from Transparency Market Research, the global aquafeed market is expected to fetch revenue worth US$70.09 bn by the end of 2022, which is a decent increase in its earlier revenue of US$51.12 bn registered in 2017. This growth is projected to occur at an impressive CAGR of 6.50% measured during the forecast period from 2017 to 2022.
Growth in the global aquafeed market is largely boosted due to rising awareness about the protein-based health benefits of consuming seafood products. With high-protein rich diets that involve eating aquafeed varieties being followed all over the globe, the global aquafeed market is progressing rapidly to showcase a positive growth curve in the near future.
Several health conscious people need a high intake of proteins in their diets. As aquafeed items provide such nutrients, several health freaks regularly consume these foods, thus causing a rise in their demand. Moreover, people are increasingly keeping fishes in aquariums as pets, thus contributing towards a rise in the need for appropriate aquafeed. This feed needs to be provided to the fishes on a regular basis.
Rapid urbanization and a surge in disposable income with improving lifestyles have led towards people trying out different options for gaining proteins as key nutrients, thus leading to an increase in demand for aquafeed products. Such factors are prophesized to continue propelling the global aquafeed market’s growth in the upcoming years. Growing popularity of aquaculture production in prime economies such as China and India also is a prime factor propelling the market’s growth.
However, strict regulations regarding use of fishes and other sea creatures for aesthetic purposes, as well as for consumption purposes, is greatly hampering the global aquafeed market’s growth. Moreover, processing aquafeed could be expensive, further translating into expensive products for consumers. Nevertheless, many businesses are soon expected to introduce cost-effective aquaculture solutions, thereby attempting to reduce the effects of restraints acting on the market.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
