The North America Warm Water Aquaculture Feed Market Growth at a rate of 4.1% in the forecast period 2022 to 2029
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Market Analysis and Insights - North America Warm Water Aquaculture Feed Market
Aquaculture farming fish or water species in ponds, recirculating tanks, and similar environments. Aquaculture has a long history dating back to the ancient era and there have been many recent developments in the aquaculture industry. Warm water aquaculture practices began in 1990 when the construction of concrete tanks for fish farming began and the production expanded to meet market demand. Warm water aquaculture feeds are being introduced into the market to provide the necessary nutritional feeds.
Data Bridge Market Research analyses that the warm water aquaculture feed market which was growing at a value of 3.15 billion in 2021 and is expected to reach the value of USD 4.34 billion by 2029, at a CAGR of 4.1% during the forecast period of 2022 to 2029.
Market Definition
Warm water aquaculture feed is made up of compounded meals made from raw materials such as sunflower, corn, soybean, fish meal, and fish oil. The name implies that the feed is intended for consumption by aquatic species such as fish, shrimp, and crustaceans. These have high nutritional content and a variety of growth-promoting properties.
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North America Warm Water Aquaculture Feed Market Size
The warm water aquaculture feed market is segmented on the basis of water type, species, feed type and nature. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Recent Development
- Skretting, a Nutreco company, will launch a new starter and grower feed for rainbow trout in December 2021, dubbed Nutra Sprint and Celero, respectively, to assist farms in reaching their full potential. Validation trials for the launched product revealed growth increases of up to 8% and an 8% decrease in the Feed Conversion Ratio.
- Cargill announced a multi-year agreement with The Conservation Fund's Freshwater Institute in September 2021 to develop, evaluate, and improve feeds for the land-based aquaculture industry. Cargill nutritionists and researchers with experience in recirculating aquaculture systems are available through the Institute. The collaboration will enhance land-based aquaculture's environmental and economic performance by developing and testing feeds specifically for recirculating aquaculture systems.
North America Warm Water Aquaculture Feed Market Country Level Analysis
The warm water aquaculture feed market is analyzed and market size insights and trends are provided by country, water type, species, feed type and nature as referenced above.
The countries covered in the warm water aquaculture feed market report are U.S., Canada and Mexico.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
North America Warm Water Aquaculture Feed Market Share Analysis
The warm water aquaculture feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the warm water aquaculture feed market.
Key Players North America Warm Water Aquaculture Feed Market
Some of the major players operating in the warm water aquaculture feed market are:
- Alltech (US)
- Purina Mills (US)
- Nutreco N.V. (Netherlands)
- Ridley Corporation Limited (Australia)
- Adisseo (China)
- Aller Aqua Group (Denmark)
- BIOMIN (EMEA)
- INVE Aquaculture (Belgium)
- Charoen Pokphand Group Company, Ltd. (Thailand)
- hanpel (South Korea)
- Coppens International B.V. (Netherlands)
- BioMar Group (Denmark)
- LifeCircle Nutrition AG (Switzerland)
- Kent Nutrition Group (US)
- Sonac (US)
- Growel Feeds Pvt Ltd (India)
- Japfa Ltd (Singapore)
- Marvesa Oils Fats B.V. (Netherlands)
- Marubeni Nisshin Feed Co.,Ltd. (Japan)
- Novus International (US)
North America Warm Water Aquaculture Feed Market Report Answers the Following Questions:
- How much revenue will the North America Warm Water Aquaculture Feed Market generate by the end of the forecast period?
- Which market segment is expected to have the maximum market share?
- What are the influencing factors and their impact on the North America Warm Water Aquaculture Feed Market ?
- Which regions are currently contributing the maximum share of the overall North America Warm Water Aquaculture Feed Market ?
- What indicators are likely to stimulate the North America Warm Water Aquaculture Feed Market ?
- What are the main strategies of the major players in the North America Warm Water Aquaculture Feed Market to expand their geographic presence?
New Business Strategies, Challenges Policies are mentioned in Table of Content, Request TOC @
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