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Aqua Feed Market Will Expand at an 11.4% Cagr Between 2013 and 2019

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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...

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