Aqua Feed Production Upswing to Ride on Increasing Demand for High-Quality Aquaculture Products

Transparency Market

Research

Aqua Feed Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2013 - 2019

Published Date

01-04-2014

88 Page Report

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Press Release

Global Aqua Feed Market to Expand at 11.40% CAGR from 2013 to 2019

owing to Growing Consumption of Fish

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Aqua Feed Market

REPORT DESCRIPTION

The quality of feed is important in animal production systems as it is essential to produce a healthy and

high-quality product in an economical manner. In fish farming, nutrition is crucial as it accounts for a

substantial amount of the production cost. Fish nutrition has advanced considerably in recent years with

the development of new and balanced commercial diets that aid optimal fish growth and health. The

development of species-specific diet formulations will result in the global aqua feed market to reach a

valuation of US$122.6 bn by 2019, says a new market study by Transparency Market Research.

Consequently, the aquaculture industry has been benefitted to satisfy the increasing demand for safe and

high-quality fish and sea-foods.

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Q. What are the major factors driving the growth of the global aqua feed market?

A. The demand for aquaculture products has been on the rise over the past few years. This is because

aquatic foods have high nutritional value and are also quite affordable. To cater to this demand,

aquaculture has developed considerably, wherein the breeding of aquatic products is monitored and

controlled.

The flourishing aquaculture market contributes significantly to the growth of the global aqua feed market.

On the other hand, revenue contribution by the...