The Aquafeed Market research report highlights market research and industry analysis driven by in-depth business relevant news.

Precision Business Insights has published a report on the global Aquafeed Market, estimating its value at USD 91,868.4 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The aquafeed market refers to the industry that produces and supplies specialized feed for aquatic animals like fish, crustaceans, and mollusks. Its growth is driven by rising seafood demand, innovations in aquaculture, and sustainability efforts

Drivers:

·         Driven by population growth, urbanization, and dietary shifts toward protein-rich foods

·         Tailored feed for different species (e.g., tilapia, shrimp, salmon) to optimize growth and health

The global Aquafeed Market segmentation:

1) By Category: Medicated Feed, Non-Medicated Feed.
2) By Feed Type: Starter Feed, Grower Feed, Finisher feed, Brooder Feed.
3) By Ingredient Type: Soybean, Corn, Fish oil, Fish meal, Feed Additives, and Others.
4) By Species Type: Salomon, Tilapia, Carp, Seabass and seabream, Trout, Turbot, shrimp, Cat Fish, and Others.

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Regional Overview:
The report also examines the current concerns and their Future Effects on the Aquafeed Market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the Aquafeed Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Cargill, Incorporated, Archer Daniels Midland Company, Alltech Inc., Purina Animal Nutrition LLC, BioMar Group, Skretting, Ridley Corporation Limited, Aller Aqua Group A/S, Biomin GmbH, Dibaq Aquaculture, BioMar A/S

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