Aquafeed Market: Burgeoning Consumer Tilt Towards Seafood Fillips Growth
Posted by Deevika on January 9th, 2019
The aquafeed market is likely to jot massive growth with increasing ratio of health conscious populace across the globe. Several benefits associated with aquafeed diet such as rich protein source is accounted as the leading trigger for the growth of aquafeed market. In its recently collated business intelligence report titled, 'Aquafeed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026' Market Research Hub (MRH) gauges through recent developments in aquafeed market and evaluates their implications on holistic growth of aquafeed market in the coming years.
Besides aforementioned factors, other crucial ones that shape growth in aquafeed market is from an aesthetic viewpoint that aligns with displaying aquariums in residential and commercial spaces. Elevated disposable income and transitioning consumer tastes are likely to steer potential growth in aquafeed market through the forecast tenure.
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Cargill Expands Foothold in India with a Novel Aquafeed Mill
The aqafeed market is a fast growing one and is currently dotted by an immensely consolidated landscape with several budding players eyeing easy penetration. Established vendors in aquafeed market are investing towards strategic collaborations and acquisitions to diminish competition thus securing a stable lead. Leading players are also diverting substantial investments towards product enhancements and geographical expansions thus differentiating their portfolio from competitors and aligning with end-user expectations. In a recent development leading global provider of aquafeed, Cargill has recently expanded its geographical presence with a new feed mill in India. The mill is the first of its kind in terms of being the only dedicated facility for fish feed. With this development in place, Cargill envisions to expand its geographical foothold besides leveraging substantial growth in aquafeed market. Detailed research postulates incorporated in the report allow readers to decipher crucial insights on market performance in terms of both present and historical terms to offer distinguished forecast figures. The report commences with an executive summary encompassing market definition and dynamics to aid readers understanding about current market spectrum. To further offer ample competitive advantage and core information on entry point barriers, the report offers a dynamic segmentation of market segments such as form, species, and function. Based on form aquafeed market is classified into extruded, pellet, powder, and liquid. By species aquafeed market is diversified into fish and crustaceans amongst others. By function the market exhibits digestibility, palatability, and special nutrition as core segments. The report also sheds light on regional segregation based on which Europe, North and Latin AMerica, Asia-Pacific, and Middle East and Africa are identified as major regional pockets in aquafeed market.
Competition Spectrum: Aquafeed Market
This section of the report highlights chief market players operational in aquafeed market, complete with a thorough brief on their tactical business strategies, recent developments, market share, and revenue structure. Some of the chief players identified in aquafeed market include Cargill Inc., Koninklijke DSM N.V., Aller Aqua A/S, Zeigler Bros., Inc., Nutreco N.V, and Clextral amongst others.
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