Aqua Feed Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 - 2019
88 Page Report
Global Aqua Feed Market to Expand at 11.40% CAGR from 2013 to 2019
owing to Growing Consumption of Fish
Transparency Market Research
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Aqua Feed Market
The global aqua feed market is fragmented with the presence of a large number of companies. A
significant threat from new entrants owing to the presence of low entry barriers is expected in the market.
The threat of substitutes is likely to be medium owing to the availability of vegetable source alternatives,
states a new report by Transparency Market Research (TMR). The presence of large number of suppliers,
however, ensures that there is negligible threat of forward integration from suppliers. The threat of
backward integration from buyers is also expected to be low, owing to the presence of a large number of
buyers, particularly in Asia Pacific. Key players in the market include Alltech Inc., Aller Aqua A/S, Avanti
Feeds Ltd., Beneo GmbH, Cargill Incorporated, and Cermaq ASA.
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According to the report, the global market opportunity in aqua feed is expected to rise from US$79.56 bn in
2015 to US$122.59 bn by 2019. By end use, the carp segment is expected to lead and account for 29.6%
of the market by 2019. Carp has high demand as seafood owing to the health benefits it provides. Carps
are rich in omega-3 fatty acids, offer high protein, and are low in fat, thus encouraging people to consume
them. They are also used in rice paddies to feed on insects and other organisms,...