Global Aqua Feed Market to Expand at 11.40% Cagr from 2013 to 2019 Owing to Growing Consumption of Fish

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

Transparency Market Research has published a new report on the global aqua feed market. As per the

report, the global aqua feed market is expected to progress from US$57.7 bn in 2012 to US$122.6 bn by

2019. The report, titled ‘Aqua Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2013 - 2019,’ states that the market is predicted to expand at an 11.40% CAGR during the period

between 2013 and 2019. The market’s growth will stem from the mounting consumption of fish worldwide.

Aqua feed is food formulated specifically for fishes, which is commercially manufactured via numerous

industrial procedures. Aqua feed is primarily available as pellets, which contain important ingredients that

provide nutrition to fish. As per the fish species and size to be fed, these pellets are available in many

sizes. Further, the properties of pellets can be easily changed so that they sink to the bottom of fish tanks

or float on the surface of the water. The nutrient contents of the feed can be controlled and this has

benefitted the global aqua feed market in the recent past. Also, there has been a growth in the farming

aquatic species such as crustaceans, mollusks, and fish.

The fluctuating cost of raw materials used in aqua feed is predicted to hamper the growth of the global

aqua feed market in the next few years. However, the rising demand for functional and conventional aqua

feed from...