(Food-Beverage-News.Com, September 02, 2019 ) Scope of the Report This report covers factors impacting the market • Porter 5 Forces, • Market Share Analysis, • Price trend analysis, • Product Benchmarking, • Company profiles.
Major market players • Coppens International Bv • Norel Animal Nutrition • Nutriad International NV • Others
Market Segmentation • The market is segmented based on species types such as Fish, Crustaceans, Mollusks, and Others. • By Ingredients type, the market is segmented into Cereals, Oilseed Meals, Supplements, Molasses, Oil, and Others. • Based on Additives, the market is segmented into 1. Antibiotics, 2. Vitamins, 3. Antioxidants 4. others.
Market Growth • Asia-Pacific contributes to around 90% of the global aquaculture production. The major producing nations are China, India, Vietnam, Philippines, Japan, etc. • China is the major producer of aqua feed and contributes up to 62.3% to the global aqua feed production. • Developing countries have an edge over developed countries in small and medium scale production which generates mass aquaculture products. Geographical Analysis • The business prospects of aqua feed in Asia-Pacific region are strong and optimistic. • The major challenge faced by is the huge demand of ingredients for its production. The search is on for alternative sources of raw materials. • The aqua feed market in Vietnam is well developed. • China is the largest aquaculture market and is also a major producer of aqua feed accounting for 45%- 50% of the world’s production annually.
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