Aqua Feed Manufacturers to Benefit from Growing Demand for 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

For high-quality livestock, the quality of feed demands the utmost importance in an animal production

system. The fact holds true in the aquatic farming scenario too. With the growing demand for fish and

other aquatic animals for food and as pets, the significance of nutritional food for them is rising

considerably. Aquaculture farmers are increasingly demanding for high-quality nutritious feed for aquatic

animals in order to optimize their production without compromising on their health and, consequently,

their quality.

The global aqua feed market is highly driven by the rising trend of species-specific diet formulations. The

market, which stood at US$57.7 bn in 2012, is likely to report a CAGR of 11.40% during the period from

2013 to 2019, and reach US$122.6 bn by the end of 2019, finds a new report by Transparency Market

Research (TMR).

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Researchers at TMR answer important queries about the global aqua feed market in this blog post:

What are the key driving forces behind the significant rise in the demand for aqua feed?

Of late, the demand for aquatic animals, particularly fishes, has been witnessing a rise for consumption

purposes, thanks to the high nutritional value and cost benefits they offer. The increasing production of fish

and other aquatic animals to meet this...