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Aquaculture is the farming of fish, shellfish, and other aquatic plants and animals. A major challenge in aquaculture is feeding the fish a nutritious diet. A well-balanced diet is essential for the growth and well-being of fish. Fish feed ingredients are the building blocks of the aquafeed that is given to fish. These ingredients can be of plant or animal origin.
Fish feed ingredients are divided into two categories - macronutrients and micronutrients. Macronutrients are required in large quantities, and examples include protein, fats, and carbohydrates. Micronutrients are required in smaller amounts and include vitamins and minerals.
Protein is the most important macronutrient in aquafeed and can be derived from both plant and animal sources. Animal-based protein sources include fishmeal, krill meal, and meat and bone meal. Plant-based protein sources include soybean meal, canola meal, and peanut meal. In general, animal-based protein sources are more expensive than plant-based sources due to their limited availability.
Fats are another critical macronutrient in aquafeed and are essential for energy and essential fatty acids. Fish oil is a common fat source in fish feed, but vegetable oils, such as soybean oil and canola oil, are also used. Carbohydrates are a source of energy and can be derived from corn, wheat, and rice bran.
Micronutrients include vitamins and minerals such as vitamin C, vitamin E, and zinc. Many of these micronutrients are found naturally in the ingredients used to make aquafeed. However, some may need to be added as supplements.
Aquafeed Market
The aquafeed market is a growing industry. The demand for fish is increasing, and the production of aquaculture fish is expected to surpass wild-caught fish production by 2025. The majority of fish feed is produced in Asia, with China being the largest producer and consumer of aquafeed.
The global aquafeed market is projected to be worth $122.6 billion by 2024. This growth is due to an increase in fish consumption, a rise in aquaculture production, and a demand for high-quality fish feed. The use of sustainable aquafeed is also driving the market, as consumers are demanding environmentally friendly products.
Feed manufacturers are focusing on creating sustainable, environmentally friendly, and nutritionally balanced feeds. This includes exploring alternative ingredients that are more sustainable and limiting the inclusion of ingredients, such as fishmeal, that have a negative impact on the environment.
Sustainable Aquaculture
Sustainable aquaculture is the practice of farming fish, shellfish, and aquatic plants in an environmentally responsible way. One of the key components of sustainable aquaculture is the use of sustainable aquafeed.
The use of sustainable aquafeed is necessary to meet the growing demand for fish while minimizing the impact on the environment. The production of traditional fish feed ingredients, such as fishmeal and fish oil, can have a negative impact on wild fish populations and the ocean ecosystem. Fishmeal and fish oil are derived from wild-caught fish, and the demand for these ingredients has led to overfishing in some regions.
To overcome this challenge, feed manufacturers are developing alternative ingredients such as insect meal, single-cell protein, and algae. Insect meal is a high protein ingredient that can be produced using food waste and agricultural byproducts. Single-cell protein is produced by growing microscopic organisms, such as bacteria or yeast. Algae are a highly sustainable source of protein and have the added benefit of providing omega-3 fatty acids.
The use of these alternative ingredients is not only more sustainable but also reduces pressure on wild fish populations. Additionally, sustainably sourced plant-based ingredients can also be used in aquafeed, leading to a reduction in the amount of fishmeal and fish oil needed.
In conclusion, the use of sustainable aquafeed is essential for the growth and success of aquaculture. As the demand for fish continues to increase, it is necessary to explore alternative ingredients that are more sustainable while maintaining nutritional balance. The aquafeed market is expected to continue to grow, and the focus will be on creating environmentally friendly products that support sustainable aquaculture.
Global Aquafeed Market size is anticipated to be valued at USD 165.04 billion by 2022, as per a new research report by Hexa Research.
Rising nutraceuticals demand such as omega 3 fortified products is expected to drive industry growth.
Global aquafeed additives market is expected to reach USD 1.21 billion by 2022.Amino acids dominated aquaculture additives market and accounted for more than 25% of the total demand in 2014.
Increasing demand to maintain proper metabolism and provide proteins to aquatic animals is likely to drive growth.
Feed acidifiers are likely to witness highest gains with an estimated CAGR of 6.0% from 2015 to 2022.
Feed acidifiers demand has been witnessing a growth as it is effective in controlling diseases including caused by harmful bacteria such as E coli and Salmonella.Browse Details of Report @ http://www.hexaresearch.com/research-report/aquafeed-marketKey report insights suggest:Global aquafeed market size was estimated at 41.62 million tons in 2013 and may reach 96.27 million tons by 2022 growing with an estimated CAGR of 11.1% from 2015 to 2022.Carps were the dominant end-use consumers in aquafeed industry and accounted for 28.6% of the total demand in 2014.
According to the new market research report by IndustryARC, titled “Aquafeed Market By Ingredient (Corn, Soybean, Fish Oil); By Type (Natural Feed, Artificial Feed); By Animal Type (Salmon, Mollusks, Catfish, Others); By Additive Products (Amino Acids, Vitamins, Anti-biotic, Others) - Forecast (2018 – 2023)”, the market will be enhanced by growth in fish meat consumption due to the increase in the population worldwide.
Mollusks and Crustaceans are the other segments in the market.
• Increasing focus on nutraceuticals, such as Omega 3 enriched products will create opportunities for aquafeed applications.
Key players of the Aquafeed Industry:The companies which dominate the Aquafeed Market include Aller Aqua, BeneoNorel Animal Nutrition, BioMar A/S, Avanti Feeds Ltd. and Cermaq ASA.
Others D. Aquafeed Market by geography(covers 15+ countries) E. AquafeedMarket by entropy F. Company profiles 1.
Animal Nutrition Markethttps://industryarc.com/Report/15015/animal-nutrition-market.htmlFAQDoes IndustryARC provide customized reports and charge additionally for limited customization?Yes, we can customize the report by extracting data from our database of reports and annual subscription databases.
Aquaculture Feed Market: Global Industry Analysis 2015-2019& Opportunity Assessment 2020-2030A recent market study published by Future Market Insights on the Aquaculture Feed market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030.
Some of the market players featured in the report are Cargill, Inc., Koninklijke DSM N.V., Aller Aqua A/S, Zeigler Bros., Inc., BioMar Group, Archer Daniel Midland, Skretting AS, Nutreco N.V., Biomin Holding GmbH, Norel SA, Dibaq Diproteg SA, and others.Report ChaptersChapter 01 - Executive SummaryThe executive summary of the Aquaculture Feed market includes the market country analysis, technology roadmap analysis, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Aquaculture Feed market.Chapter 02 – Market OverviewReaders can find the detailed segmentation and definition of the Aquaculture Feed market in this chapter, which will help them understand basic information about the Aquaculture Feed market.
This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Aquaculture Feed market report.Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-11713Chapter 03 – Consumer Behavior and Attitude MeasurementThis chapter gives insights into consumer behavior and factors affecting it.
To offer a holistic overview, the results obtained from consumer social sentimental analysis are examined as wellChapter 04 – Product Launch Track & TrendsThe chapter offers information on the key product launches in the last three years, studies the frequency and types of launches and researches on the available alternatives.Chapter 05 – Production, Supply and Trend AnalysisThe chapter studies the production and supply capacity of the market across key countries and regions.
Besides this, ample focus is given on studying the regulatory landscape of these nationsChapter 06 – The State of World Fisheries and AquacultureThis chapter is intended to present an executive level blueprint of the global Aquaculture Feed market.
It offers insights into results obtained from year on year growth trend analysis.Chapter 09 – Pricing AnalysisThis chapter includes global as well as regional pricing analysis by product type.
