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mahaoverseas · 2 months
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Gherkin Exporters from India: A Growing Industry
India, known for its diverse agricultural produce, is also a significant player in the global gherkin market. Gherkins, often referred to as pickles or cucumbers, are increasingly being exported from India due to their high quality and growing international demand. This article explores the role of Indian gherkin exporters, the factors driving their success, and the future of this burgeoning industry.
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The Rise of Gherkin Exports
Gherkins are small cucumbers Gherkin exporters from india that are typically pickled and used in a variety of culinary applications. India's gherkin export industry has seen substantial growth over the past decade, driven by factors such as favorable climatic conditions, skilled farming practices, and a well-established export infrastructure. Indian exporters supply gherkins to a range of international markets, including Europe, the United States, and the Middle East.
Key Factors Driving Success
Quality Production: Indian gherkin exporters are renowned for their high-quality produce. The country’s favorable weather conditions and rich soil contribute to the cultivation of crisp, fresh gherkins. Stringent quality control measures and adherence to international standards ensure that Indian gherkins meet the expectations of global buyers.
Experienced Growers and Exporters: Many Indian exporters have years of experience in growing and exporting gherkins. Their expertise in cultivation, harvesting, and processing helps maintain consistent quality and meet the specific requirements of international markets.
Advanced Processing Techniques: Indian gherkin exporters use state-of-the-art processing techniques to preserve the freshness and flavor of their products. Modern facilities ensure that gherkins are processed and packaged efficiently, adhering to global food safety standards.
Established Export Channels: India has a well-developed export infrastructure, including logistics, warehousing, and distribution networks. This infrastructure supports the efficient export of gherkins to various international destinations, helping Indian exporters maintain a competitive edge.
Competitive Pricing: Indian gherkin exporters offer competitive pricing, which is attractive to international buyers. The country’s relatively lower production costs, combined with efficient supply chain management, enable exporters to provide high-quality products at competitive rates.
Challenges and Opportunities
While the gherkin export industry in India is thriving, it faces certain challenges. These include fluctuations in global demand, competition from other exporting countries, and the need to continually adhere to evolving international regulations and standards.
However, these challenges also present opportunities for growth. By focusing on innovation, improving processing methods, and exploring new markets, Indian gherkin exporters can further strengthen their position in the global market. Additionally, the growing trend of health-conscious eating and the increasing popularity of pickled products offer new avenues for expansion.
Notable Gherkin Exporters in India
Several companies have established themselves as key players in the Indian gherkin export industry. These exporters are recognized for their commitment to quality, reliability, and customer satisfaction. Examples include:
Navi India: Known for its high-quality gherkins and efficient export processes, Navi India caters to various international markets with a focus on maintaining stringent quality standards.
Gherkin India: With a reputation for excellent customer service and a diverse product range, Gherkin India is a prominent exporter of pickled gherkins and other related products.
Aqua Export: Aqua Export specializes in the cultivation, processing, and export of gherkins, leveraging advanced technology to deliver premium products to global clients.
Conclusion
The Indian gherkin export industry is a dynamic and growing sector that plays a significant role in the global food market. With its focus on quality, competitive pricing, and efficient export channels, India continues to be a leading supplier of gherkins worldwide. As the industry adapts to evolving market demands and explores new opportunities, Indian gherkin exporters are well-positioned to contribute to the continued growth and success of this vibrant industry.
For more info. Visit us:
exportadores de pepino na Índia
Trusted gherkin suppliers in india
fornecedores de pepinos frescos na Índia
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businessindustry · 2 months
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Shrimp Market Survey Insights, Future and Forecast 2024-2032 | Reports and Insights
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The Reports and Insights, a leading market research company, has recently releases report titled “Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Shrimp Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Shrimp Market?
The shrimp market was US$ 27.5 Bn in 2022. Furthermore, the shrimp market to register revenue CAGR of 5.6% over the forecast period and account for market size of US$ 44.9 Bn in 2031.
What are Shrimp?                                                                                                                                                                            
Shrimp are small crustaceans from the order Decapoda, found in both saltwater and freshwater habitats. They have elongated bodies, semi-transparent exoskeletons, flexible abdomens, and long antennae. Shrimp are vital in aquatic ecosystems, serving as a primary food source for many fish and marine species. They are also a significant seafood commodity for humans, valued for their culinary versatility and high nutritional content, including protein, vitamins, and minerals. Shrimp farming and fishing are key economic activities in numerous coastal areas worldwide.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2060
What are the growth prospects and trends in the Shrimp industry?
The shrimp market growth is driven by various factors and trends. The shrimp market is a thriving sector fueled by the global appetite for seafood and the growing preference for shrimp as a nutritious and versatile food choice. It includes both wild-caught and farmed shrimp, with major production hubs in countries such as China, Thailand, Vietnam, and India. The market is impacted by factors like trade policies, sustainability concerns, and advances in aquaculture technology. As consumers increasingly seek healthier and eco-friendly food options, the shrimp market continues to expand, driven by innovations in farming practices and supply chain management that improve efficiency and quality. Additionally, heightened awareness of environmental issues and seafood traceability is influencing the market's future trajectory. Hence, all these factors contribute shrimp market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Pink
White
Brown
Others
By Form:
Frozen
Canned
By End-user:
Residential
Commercial
By Distribution Channel:
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Sales Channels
By Region: 
North America
United States 
Canada 
Europe
Germany 
United Kingdom 
France 
Italy 
Spain 
Russia 
Poland 
Benelux 
Nordic 
Rest of Europe 
Asia Pacific
China 
Japan 
India 
South Korea 
ASEAN 
Australia & New Zealand 
Rest of Asia Pacific 
Latin America
Brazil 
Mexico 
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia 
South Africa 
United Arab Emirates 
Israel 
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Aqua Star Corp.
Avanti Feeds Ltd.
Clearwater Seafoods Inc.
High Liner Foods Inc.
Marine Harvest
Maruha Nichiro Corporation
Nippon Suisan Kaisha
Nordic Seafoods A/S
Surapon Foods
Thai Union Group
View Full Report: https://www.reportsandinsights.com/report/Shrimp-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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propertygroupcp · 1 year
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A Haven of Well-Being in the Heart of Gurgaon: Central Park Flower Valley
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Investing in the best property in Gurgaonhas never been more promising. Nestled in the heart of Sector 33, Sohna, New Gurgaon, Central Park Flower Valley stands as a testament to opulence and modern living.  This luxury residential development, constructed by Central Park, one of India's best real estate developers.
Flower Valley in the South of Gurgaon is thebest property, and township offering a wide range of housing options, top-notch amenities for physical, spiritual, and social well-being, and a prime location along the main road. It's just a short drive from Golf Course Extension Road and other prominent destinations.
Flower Valley is not your typical township; it's a special haven of well-being tucked away from the noisy, polluted city. With over 9,000 trees and scenic pathways, it offers the refreshing, clean air that only nature can offer. The tranquility of lush greenery creates an environment conducive to various healthy activities: 
You can immerse yourself in the positivity of nature therapy and meditation, enjoy a leisurely jog or bike ride on well-designed trails, take a dip in the inviting pool, or simply unwind at the spa.  Apartments for sale in Gurgaon, particularly in this development, are not just residences; they're assets that appreciate over time. 
Your Dream Home Is Here
Looking for apartments for sale in New Gurgaon? Central Park Flower Valley offers the best property in Gurgaon, seamlessly blending modernity with nature. These apartments suit your needs, whether you want a peaceful place to live or an investment opportunity.
NEVER BEFORE AMENITIES AND PRIVILEGES
Choice of Cerise Suites, Fleur Villas, Flamingo Floors, The Room, Aqua Front Towers, and Mikasa Plots. The Room at Flower Valley, like The Room in Sector 48, Gurgaon, has been a smashing success and is completely sold out.
Boxing Academy, Lawn Tennis Academy, Cricket Academy, Floodlit Golf Academy, Fitness Academy, Acting Academy, Badminton Academy, Dance Academy, Swimming Academy are among the ten world-class academies.
Aquatic Gym, Jogging Tracks, Cycling, and More
Experience Cafe, Gazebos, Fine Dining Restaurants, Clubhouse, Juice Centre, Reading Room, and Banquet Hall
Meditation, Yoga, Gym, Steam, Sauna, Jacuzzi, Aroma Baths, Sun Baths, Herbal Parks, Organic Farming, Nature Walk are all available at the Wellness Sanctuary.
Flora's Green Sanctuary is a global community with 9000 trees and flower alleys.
Why Should You Choose to Invest in a Home at Central Park Flower Valley Gurgaon?
This apartment for sale in New Gurgaon is a secure gated township currently undergoing multiple projects across approximately 250 acres. These projects are at various stages of construction, with some already handed over to homeowners who are enjoying a wholesome lifestyle and premium services provided by Central Park.
Why Should You Consider it for Investment?
Here's why Central Park Flower Valley is a promising investment opportunity:
Excellent Road Connectivity: Well-connected roads ensure easy access to major destinations.
Abundant Greenery: The township's abundant greenery fosters a healthy and serene environment.
Hub for IT Companies: Proximity to IT hubs enhances its investment potential.
Built by a Renowned Builder: Central Park's reputation ensures quality and trust.
Updated Lifestyle: Modern amenities and a contemporary lifestyle are at your doorstep.
World-Class Amenities: An array of amenities enhances your quality of life.
Surrounded by Greenery: Over 100 acres of greenery envelop the township.
Proximity to Social Conveniences: Schools, hospitals, and shopping hubs are within reach.
Central Park Flower Valley comes as the ideal choice in your search for the best property in Gurgaon. These beautiful apartments for sale in New Gurgaon not only meet your aspirations of a perfect home, but they also serve as a safe investment for the future. At Central Park Flower Valley, where luxury living meets your goals, embrace the beautiful blend of nature and modernity.
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myblogscmi · 1 year
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Floating Fish Feed Market Is Estimated To Witness High Growth Owing To Increasing Aquaculture Activities
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The global Floating Fish Feed Market is estimated to be valued at US$ 9.95 Billion In 2023 and is expected to exhibit a CAGR Of 4.7% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Floating fish feed is a specialized product that is designed to float on the surface of water for a longer period of time, providing adequate nutrition to the fish. These feeds are highly efficient and cost-effective for aquaculture activities. The floating nature of the feed allows for easy feeding and minimizes feed wastage. Moreover, it offers several advantages such as enhanced nutrient utilization, better growth, and improved feed conversion ratio in fish. The increasing demand for fish as a protein-rich food source, coupled with the rising trend of aquaculture activities, is driving the growth of the floating fish feed market. Market Key Trends: One key trend in the Floating Fish Feed Market is the increasing adoption of alternative ingredients in fish feed. With the growing concerns over overfishing and the sustainability of fishmeal and fish oil, there is a rising demand for alternative protein and lipid sources in fish feed. Manufacturers are increasingly using plant-based ingredients, such as soybean meal, corn gluten meal, and canola meal, as substitutes for fishmeal and fish oil in floating fish feeds. These alternative ingredients not only help in reducing the dependency on marine resources but also offer economic benefits to farmers. The use of alternative ingredients is expected to continue to rise in the coming years, driven by the need for sustainable and environmentally friendly fish farming practices. Key Takeaways: The global floating fish feed market is expected to witness high growth, exhibiting a CAGR of 4.7% over the forecast period from 2023 to 2030. This growth can be attributed to the increasing demand for seafood and the rising aquaculture industry. The market size is projected to reach US$ 9.95 billion by 2023. In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the floating fish feed market. The increasing population, rising disposable incomes, and changing dietary patterns in countries like China and India are driving the demand for seafood and aquaculture, thereby boosting the market growth in the region. Key players operating in the floating fish feed market include Cargill, Incorporated, Archer Daniels Midland Company, Skretting, Aller Aqua Group, BioMar Group, Ridley Corporation Limited, Purina Animal Nutrition, Nutriad International NV, BENEO GmbH, and Dibaq Aquaculture. These key players contribute to the growth of the market through product innovations, expansions, mergers and acquisitions, and strategic collaborations.
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zeroloss · 1 year
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Solar Pump Market set for 2027 Upswing
The global solar pump market was valued at $1.21 billion in 2019, and is projected to reach $2.05 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027.
The key players involved in the global solar pump industry are Vincent Solar Energy, TATA Power Solar Systems Ltd., Shakti pump, CRI Pump Pvt. Ltd., Oswal Pump Ltd., LORENTZ, The Lubi Group, Samking Pump Company, Greenmax Technology, and AQUA GROUP.
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The global solar pump market is segmented into product, end-user industry, operation, and region. On the basis of product, the market is divided into surface suction, submersible, and floating. The submersible and surface suction segments collectively accounted for around 83.3% market share in 2019, with the former constituting around 55.3% share.
By end-user industry, the solar pump market trends are studied across agriculture, water
management, and others. The agriculture segment was the highest contributor to the market, and is expected to grow at a CAGR of 7.2% during the forecast period. Countries in Asia-Pacific, such as India, are increasingly installing solar pump for water irrigation purpose.
Region wise, the solar pump market size is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific and Europe collectively accounted for around 77.1% share in 2019, with the former constituting around 55.0% share. Europe and North America are expected to witness considerable CAGRs of 8.5% and 7.3%, respectively, during the forecast period.
The cumulative solar pump market share of these two segments was 37.5% in 2019, and is anticipated to reach 41.0% by 2027.
Over the last few years, the solar water pump market has been developing at a considerable pace. This was attributed to low cost of low price of PV panels, strong presence of solar water pump producers, and high awareness of solar water pumping, due to various country and local governments’ regulations to promote production of energy from renewable sources to reduce dependency on fossil fuels and minimize the emission of pollutants. Rapid development of PV technology has benefited the market by decreasing the price of solar water pump.
Developing nations are providing opportunity for the growth of the solar water pump market, as major adoption of solar pump has been witnessed in Asia-Pacific, particularly in India, China, and Japan. This is majorly attributed to surge in agricultural activities and increase in demand for electricity from renewable source of generation. India has set a target to deploy more than 100,000 sun pump by 2020, with Bangladesh targeting 50,000 by 2025.
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The global solar pump market is segmented into product, end-user industry, operation, and region. On the basis of product, the market is divided into surface suction, submersible, and floating. The submersible segment was the highest revenue contributor to the market, due to increase in use of submersible solar pump for water extraction from all size of bores, irrigation systems for agriculture, including drip & sprinkler systems and pressure boosting applications. Submersible solar pump are further utilized for domestic water supply to large residences and multi-storied apartments and dewatering of mines.
By end-user industry, the solar pump market trends are studied across agriculture, water management, and others. The agriculture segment dominated the market. This is attributed to countries in Asia-Pacific, such as India, are increasingly installing solar pump for
water irrigation purpose. As solar energy is easily available, it is expected that the demand for solar pump, particularly for farming application will increase notably, which is anticipated to boost the market growth.
Browse complete industry report : https://www.alliedmarketresearch.com/solar-pump-market-A06657
Depending on operation, the market is segregated into AC pump and DC pump. The AC pump segment holds the largest solar pump market share. It is anti-corrosion nature and provides high wear resistance as it reduces the operating costs due to its high pumping efficiency and longevity. It can work continuously for a prolonged period, and thus are highly reliable even under harsh conditions.
Region wise, the global solar pump market size is analysed across into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor to the market. Asia-Pacific solar pump market is analysed across China, Japan, South Korea, Australia, and rest of Asia-Pacific. In Asia-Pacific, solar energy is widely used in generation of electricity for standalone systems and rural electrification.
COVID-19 impact on global solar pump market
The outbreak of COVID-19 has disrupted the global solar industry by halting the operations. At present, the solar industry imports nearly 80% of its major solar panel materials from China. The pandemic has affected the manufacturing capacities of China, as all fundamental ship container organizations had additionally stopped functioning out of Chinese ports and transporting items from China to other countries, including of India. As the Chinese production is expected to again head in the right direction, it is assumed that the resumption of the China-originated deliver chain will help restart the Indian solar industry.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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tirupatitradewing01 · 2 years
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Fish Feed Manufacturers In India
Fish feed manufacturers are companies that produce and supply feed for aquaculture and ornamental fish farming. Fish feed is a crucial component of successful aquaculture operations, as it provides the necessary nutrients for healthy growth and development of fish.
Anant Fish And Feed engaged to offering high quality aqua feed as well as cattle or poultry feed products that is most efficient nutrients for the growth of fish.
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https://www.ttwpvtltd.com/fish-feed-manufacturers-in-india
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Aquafeed Market Size, Share, Sales, Demand, Growth, Merger, Trends Outlook to 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market’s growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and fish products such as fish meal, fish oil, and fish silage. Fortune Business InsightsTMhas presented this information in its report titled “Aquafeed Market, 2021-2028”. The market size was USD 55.71 billion in 2020 and reached USD 58.19 billion in 2021.
COVID-19 Impact-
Supply Chain Disruptions to Hamper Market Growth
The coronavirus pandemic has drastically impacted the market. The disruptions in sea and air traffic and global supply chains have negatively impacted the market’s growth. The closure of several manufacturing plants has affected the market’s growth. However, the market is recovering due to the uptick in vaccination drives worldwide. It is expected to witness tremendous growth post-pandemic.
List of Key Players Profiled in the Market Report:
Cargill Incorporated (Minnesota, U.S.)
Archer Daniels Midland Company (Illinois, U.S.)
Alltech Inc., (U.S.)
Purina Animal Nutrition (Missouri, U.S.)
Ridley Corp Ltd (Australia)
Nutreco N.V. (Amersfoort, Netherlands)
Aller Aqua A/S (Christiansfeld, Denmark)
BioMar A/S (Denmark)
Dibaq Aquaculture (Spain)
Beneo GmbH (Germany)
Segmentation-
On the basis of type, the market is categorized into mollusks, crustaceans, fish, and others. On the basis of ingredient, the market is segmented into additives, fish oil, fishmeal, soybean, corn, and others. On the basis of form, the market is bifurcated into dry and wet. Geographically, the market is classified into South America, North America, Europe, Asia Pacific, and the Middle East & Africa.
Drivers & Restraints-
Increasing Seafood Trade to Favor Market Growth
The growing popularity of organic fish farming is anticipated to offer lucrative growth opportunities for the market. Though organic fish farming is still in nascent phase, the rising consumer inclination towards it is likely to favor market growth.
Increasing animal protein demand in major western nations and the rising seafood trade worldwide are projected to bolster the global aquafeed market growth. The increasing seafood consumption and consumer expenditure on fish & fish products including fish silage, fish meals, and fish oils are predicted to boost aquaculture production, and therefore stimulate market growth.
Lastly, the rising investments in research and development activities to develop innovative products by key players are expected to complement market growth.
However, the volatile prices of raw materials may hamper market growth.
Regional Insights-
Increasing Fish Production to Amplify Growth in Asia Pacific
Asia Pacific is anticipated to dominate the global aquafeed market share due to the swift market development during the last decade. India and China account for more than half of the region’s sales. The increasing fish production in China is likely to complement the market’s growth. Moreover, the rising business expansions in China and India are likely to amplify the growth of the market in Asia Pacific.
Europe is expected to witness substantial growth due to the soaring aquaculture production and the growing consumer inclination towards the production of salmon.
North America is projected to gain considerable growth due to the presence of prominent market players including Archer Daniels and Cargill Incorporated. Additionally, the high profits gained on exports of aquaculture are likely to complement the region’s market growth.
Competitive Landscape-
Key Players Emphasize Product Portfolio Diversification to Expand Market Share
The key players in the market emphasize product portfolio and distribution network diversification to augment their market reach and consumer bases. They adopt ingenious growth strategies including mergers and acquisitions, new product launches, technological advancements, and others. For instance, in January 2020, BioMar A/S expanded its production capacity through the inaugural of its new aquafeed plant in Wesley Vale, Tasmania. The new plant offers an annual production capacity of 110,000 tonnes of aquafeed.
Industry Developments-
May 2021: BP Milling, a U.K.-based company, launched a new pelleted blend of fish attractants called SmartMix. The blend is packed with vital minerals and vitamins and immune boosting amino acids.
Browse In-depth Summary of This Research Insight:
https://www.fortunebusinessinsights.com/industry-reports/aquafeed-market-100698
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Skretting – A leading aqua nutrition company in India
Skretting India, the aqua nutrition division of Nutreco, is a leader in innovative sustainable nutritional solutions and services for the aquaculture industry. Skretting India has been meeting the needs of shrimp hatcheries, nurseries and farmers since 2018. We make it our business to support our customers across Health-Nutrition-Farming with our high-quality feed and services. Skretting is focused on ensuring sustainable blue food production to feed the generations to come with our purpose -Feeding the Future. In order to strengthen ourselves in the growing Indian market, we established our office in Hyderabad and soon to launch our state-of-the-art production facility in Gujarat in 2022.
Contact us at: https://www.skretting.com/en-in/this-is-skretting/contact/
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kenresearchcompany · 2 years
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Indian Aquaculture Feed Market is expected to expand at a CAGR of ~4.2% on the basis of Revenue in between FY’22-FY’27E: Ken Research
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Increasing awareness on health and hygiene is resulting in people consuming residue-free food, which is building pressure on exporters to grow seafood that is good for health. This has a positive impact on the aqua feed industry as quality feed and fish seeds for aqua species will contribute in the growth of these species without any diseases.
Shrimps form the major chunk of aqua culture market in India. In FY’20, frozen shrimps export contributed to the majority share of 51% as compared to other fisheries product such as frozen cuttle fish, frozen squid and frozen fish among others.
Due to the massive contribution of shrimps to the overall aqua culture market, aqua feed manufacturing companies have initiated the process of focusing on producing larger amount of shrimp feeds to cater to the domestic as well as international demand.
Demand of Seafood will thrive the need for aquaculture feed in the coming years The coastal line of the country is about 7,517 kilometers with 195.2 kilometers of river and canal systems. The country consists of 14 rivers, 44 medium rivers, and many small rivers. As aquatic items occupy a specific position in the market, India will witness a surge in demand for seafood. As a result, market demand for aquaculture feed will be driven by population growth, rising income, and fast urbanization, which will create a strong need for aquaculture feed for farming.
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Higher Production of Carp to aid the Aquafeed Industry in the country
Based on species, carps account for a significant share in the industry and are likely to witness a significant growth in the forecast period. This can be attributed to the growth of the freshwater aquaculture segment in the country, which significantly contributes to the total annual aquaculture production. The favorable government initiatives to increase the productivity of aquaculture are aiding the segment growth. For instance, the fish farmers in Orissa have been able to double their production owing to the ongoing carp intensification Programme, supported by World Fish and the state government. Moreover, the growing popularity of carp spawn feed, carp fry feed, carp grow-out feed, and carp brood feed are expected to further aid the segment growth in the forecast period.
Increasing demand for Aquaculture feed ingredients to fuel the growth
On the basis of ingredient, the soy and fish oil segment is anticipated to account for a considerable share in the market. This can be attributed to the increasing demand for the product in the shrimp feed industry formulations. India is one of the leading global shrimp producers. The increasing consumption of seafood is likely to aid the market growth in the forecast period. Meanwhile, the fishmeal segment is estimated to grow significantly in the forecast period, owing to the production of high-quality fishmeal for small-scale aquaculture. Furthermore, it is a low-temperature meal, which is produced by steam drying, which makes it highly digestible. Also, it facilitates rapid growth, therefore, it is also suitable for salmon farming. The demand for aquafeed is likely to witness a significant growth in states like Andhra Pradesh and West Bengal owing to the flourishing aquaculture industry. The rising fish farming in West Bengal is likely to generate a healthy demand for aquafeed in the forecast period.
Surging Exports due to higher requirement of better-quality seafood
The aquafeed market in India is being driven by the thriving aquaculture sector in the country. The aquaculture industry in the region can flourish only if all the aquatic animals are well fed with proper nutrition. The vitamins and minerals present in aquafeeds are essential for the growth of aquatic animals. Over the forecast period, the increase in domestic consumption as well as the export of fishes is expected to aid the market growth. Also, different species require different types of animal feed, which depend on their body structure, temperature, and weight of the organism. Therefore, the increasing demand for aquafeed to boost fish production is expected to provide a further impetus to the market in the forecast period.
Future Opportunities for Indian Aquaculture Feed market players
Organic Fish Farming is in its initial stage of development. Organic fish production emphasizes on chemical-free, genetically modified products and pesticides.  It also ensures animal welfare by decreasing the stocking density. The use of organic fish feed helps in raising aquatic animals in more sustainable manner. In recent years, it has been observed that the consumers inclination towards organic food has increased significantly and hence production of organic feed serves as an immediate opportunity for the players to cater the ever-increasing user base due to surging awareness among the country residents about health consciousness and organic food. The publication titled ‘India Aquaculture Feed Market Outlook to 2027: Driven by surging demand of shrimps, increasing exports and shifting preference towards consuming quality seafood” provides a comprehensive analysis of the aquaculture feed market by analyzing historical statistics and corresponding developments in the aqua feed industry. The report covers various aspects including aquaculture feed market size on the basis of revenue, average price of aqua feed, overview of the market, ecosystem, operating model of aquaculture industry, value chain analysis of aquaculture feed market, products and services of aquaculture feed companies in India, types of different aquaculture feed, growth trends and developments, Porter 5 Forces Analysis, government initiatives, SWOT analysis, impact of COVID-19, and risk factors governing the future outlook of industry. Insights on competitive landscape of aquaculture feed market and cross comparison between major players operating in the ecosystem is also covered in the report on the basis of operational and financial parameters such as inception year, headquarters, market revenue, production, market share, strengths, challenges, company overview, total sales, no of employees, unique selling propositions, product portfolio, business model, key features, recent developments and future opportunities. The report also focuses on the India Aquaculture Feed Market Segmentation by Type of Feed (Shrimp Feed, Fish Feed and Others); By Type of Ingredients (Soy, Corn, Fish Oil, Fish Meal and Others); By Region (Andhra Pradesh, West Bengal, Gujarat, Tamil Nadu & Puducherry, Odisha, Maharashtra and Others); By End User (Commercial and Household) and By Distribution Channel (Store Based and Online). India Aquaculture Feed Market report concludes with projections for the future of the industry on the basis of revenue by 2027 and analysts’ take on the future highlighting the major opportunities.
Key Segments Covered in India Aquaculture Feed Market
By Revenue
By Average Price of Aquaculture Feed
By Type of Feed
Shrimp Feed
Fish Feed
Others
By Type of Ingredients
Soy
Corn
Fish Oil
Fish Meal
Others
By End User
Commercial
Household
By Distribution Channel
Store Based
Online
By Region
Andhra Pradesh
West Bengal
Gujarat
Tamil Nadu & Puducherry
Odisha
Maharashtra
Other States and Union Territories
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Key Target Audience
Aquaculture Feed Manufacturing Companies
Companies in the Aquaculture Industry
Seafood Companies
Industry Associations
Government Bodies
Time Period Captured in the Report:
Historical Period: FY’17-FY’22
Forecast Period: FY’22-FY’27E
India Aquaculture Feed Manufacturing Players
Manufacturers
Avanti Feeds
Coastal Corporation
Waterbase
Zeal Aqua
Apex
Adinath Bio Labs Limited
Devi Aqua Feeds
Alltech
BMR
Cargill
Biomin
Novus
Growel
IB Group
P. Group
Sandhya Aqua
Devi Aqua Feeds
Smilax
Government Institutions and Regulators
CAA (Coastal Aquaculture Authority)
CIFNET (Central Institute of Fisheries Nautical & Engineering Training)
CICEF (Central Institute of Coastal Engineering for Fishery)
FSI (Fishery Survey of India)
MPEDA (Marine Products Export Development Authority)
NFDB (National Fisheries Development Board)
NIFPHATT (National Institute of Fisheries Post Harvest Technology and Training)
Government Departments
MOFHAD (Ministry of Fisheries, Animal Husbandry and Dairying)
DOF (Department of Fisheries of Respective States & Union Territories) Key Topics Covered in the Report
Overview of Aquaculture Feed Market in India
Technological Adaptation in Aquaculture Feed Market in India
Per Capita Income (INR) in India
Ecosystem of Major Entities in Aquaculture Feed Market in India
Operating Model of Aquaculture Industry in India
Value Chain Analysis of Aquaculture Feed Market in India
Products and Services of Aquaculture Feed Companies in India
Types of Different Aquaculture Feed
Market Size of India Aquaculture Feed Market (Basis Revenue in INR Crore)
Average Price of Aquaculture Feed (INR)
India Aquaculture Feed Market Segmentation (By Type of Feed, By Type of Ingredients, By End User, By Distribution Channel and By Region)
Trends and Developments in India Aquaculture Feed Market
Issues and Challenges in India Aquaculture Feed Market
Government Initiatives in India Aquaculture Feed Market
Porter 5 Forces Analysis of India Aquaculture Feed Market
SWOT Analysis of India Aquaculture Feed Market
Impact of COVID-19 on India Aquaculture Feed Market
Cross Comparison of Major Aquaculture Feed Manufacturing Companies (on the basis of Inception, Headquarters, Market Revenue, Production and Market Share)
Strengths and Challenges of Major Aquaculture Feed Manufacturing Companies
Company Profiles of Major Aquaculture Feed Manufacturing Players (Company Overview, Total Sales, No of Employees, Unique Selling Propositions, Product Portfolio, Business Model, Key Features, Recent Developments and Future Opportunities)
Future Market Size of India Aquaculture Feed Market (Basis Revenue in INR Crore)
Future Projections of Average Price of Aquaculture Feed (INR)
India Aquaculture Feed Future Market Segmentation (By Type of Feed, By Type of Ingredients, By End User, By Distribution Channel and By Region)
Analyst Recommendations
For more information on the research report, refer to the below link: -
India Aquaculture Feed Market Outlook to 2027: Ken Research
Related Reports
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2022-2027
Global and Regional Aquaculture Products Industry Status and Prospects Professional Market Research Report Standard Version
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asagriaqua · 2 years
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Aqua Farming Companies In India: AS Agri & Aqua uses Latest technology in fish farming and prawns farming. To get a good return for investment. Know More!
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research-analyst · 3 years
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Aquarium Fish Market Manufacturers, Type, Application, Regions and Forecast to 2027
The global Aquarium Fish market report added by Reports and Data discusses in-depth the growth pattern of the market and vital elements influencing the growth of the market and offers critical insights into the market landscape of the Aquarium Fish market with regards to its market size and share in terms of volume and value. The report also discusses the competitive landscape, product developments, technological advancements, and changes in demands and trends of the industry. The report further sheds light on the key regions of the market and offers an explicit analysis of the regulatory framework, financial hurdles, demands and trends, and latest technological developments in the regions.
Top companies operating in the market include Jiahe, Wanjin, Haojin, Oasis Fish Farm, Aqua Leisure, Imperial Tropicals, Florida Tropical, Fish Direct, BioAquatix, Captive Bred, Chongqing Shanghua, and Guangzhou Leshi Aguarium.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/631
The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region. The report also covers a comprehensive country-wise analysis to impart better understanding of the scope and growth of the market.
Regional Analysis Includes:
·         North America (U.S., Canada, Mexico)
·         Europe (U.K., Italy, Germany, France, Rest of Europe)
·         Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
·         Latin America (Chile, Brazil, Argentina, Rest of Latin America)
·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report discusses in detail the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, product launches and brand promotions, and licensing agreements undertaken by the key players to gain a robust footing in the market. The Aquarium Fish market research report also offers a thorough SWOT analysis and Porter’s Five Forces analysis to offer key insights into the company’s progress and position.
Aquarium Fish Market Segmentation:
Type (Revenue in USD Million; Volume in Tons, 2017–2027)
Cold-water
Tropical
Application (Revenue in USD Million; Volume in Tons, 2017–2027)
Shopping Malls
Hotels
Restaurants
Enterprise Offices
Others
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The report also presents in-depth assessment of key growth driving and restraining factors, threats, growth prospects, opportunities, and limitations. It also provides extensive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. The report has been formulated through extensive primary and secondary research and further validated by industry professionals, experts, and research analysts. Key statistical data has been organized into charts, tables, pictures, diagrams, and other pictorial representation. The report also strives to offer strategic recommendations to the new players and established companies to gain maximum returns on their investment and a strong foothold in the market.
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businessindustry · 4 months
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Shrimp Market Survey Insights, Outlook and Forecast 2024-2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Shrimp Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Shrimp Market?
The shrimp market was US$ 27.5 Bn in 2022. Furthermore, the shrimp market to register revenue CAGR of 5.6% over the forecast period and account for market size of US$ 44.9 Bn in 2031.
What are Shrimp?                                                                                                                                                                            
Shrimp are small crustaceans found in marine environments, known for their elongated bodies and swimming ability. They are a popular seafood choice globally, valued for their delicate taste and texture. Shrimp are an essential part of marine ecosystems, serving as prey for various larger species. They inhabit both freshwater and saltwater habitats and are also extensively farmed to meet the high demand for their consumption.
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What are the growth prospects and trends in the Shrimp industry?
The shrimp market growth is driven by various factors and trends. The shrimp market is a key segment of the global seafood industry, propelled by strong consumer demand for shrimp owing to its flavor, flexibility, and perceived health advantages. It encompasses a range of shrimp species, sourced from both wild fisheries and aquaculture, with major producers including China, India, Indonesia, Vietnam, and Ecuador. Shrimp are marketed in diverse forms, including fresh, frozen, and processed products like shrimp paste and sauce. Market dynamics are shaped by factors such as consumer tastes, trade regulations, environmental policies, and disease outbreaks that can affect shrimp stocks and production volumes. Hence, all these factors contribute to shrimp market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Pink
White
Brown
Others
By Form:
Frozen
Canned
By End-user:
Residential
Commercial
By Distribution Channel:
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Sales Channels
By Region: 
North America
United States 
Canada 
Europe
Germany 
United Kingdom 
France 
Italy 
Spain 
Russia 
Poland 
Benelux 
Nordic 
Rest of Europe 
Asia Pacific
China 
Japan 
India 
South Korea 
ASEAN 
Australia & New Zealand 
Rest of Asia Pacific 
Latin America
Brazil 
Mexico 
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia 
South Africa 
United Arab Emirates 
Israel 
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Aqua Star Corp.
Avanti Feeds Ltd.
Clearwater Seafoods Inc.
High Liner Foods Inc.
Marine Harvest
Maruha Nichiro Corporation
Nippon Suisan Kaisha
Nordic Seafoods A/S
Surapon Foods
Thai Union Group
View Full Report: https://www.reportsandinsights.com/report/Shrimp-market
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Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
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prisonsbiotech · 5 years
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Prions Biotech – A Leading Biotechnology Company
Prions Biotech is one of the leading biotechnology company based in Belgaum, Karnataka. The company was established with an aim to contribute to society and community. The company has been able to provide satisfactory solutions to the customers with its continuous innovation and development. As a result of its customer-centric approach, the company has witnessed immense growth and it has earned a reputation as one of the leading biotechnology companies in India.
With constantly increasing environmental concerns globally, Prions Biotech has been successful in providing effective solutions for Wastewater Treatment, Solid Waste Management, Aqua Culture, Agriculture, Sugar, Food & Beverages, Animal Health Care, Hotel Offices & Terrace Gardening, Organic Cleaning Solutions and Solar Energy System. All these solutions provided by Prions Biotech, are known for their uniqueness and efficiency.
The company has set high-quality standards by pushing their limits to deliver quality products and services that exceed customer expectations. With its modern and high-tech manufacturing facility, the company has been able to provide world-class solutions. In addition, the company works with farmers and helps them in converting their lands into organic. With 5 offices and more than 50 channel partners globally, the Prions Biotech is one of the fastest-growing biotechnology company in the world.
Solutions Offered by Prions Biotech
Prions Biotech offers a wide range of solutions for Wastewater Treatment, Solid Waste Management, Aqua Culture, Agriculture, Sugar, Food & Beverages, Animal Health Care, Hotel Offices & Terrace Gardening, Organic Cleaning Solutions and Solar Energy System.
Wastewater Treatment
The company offers a wide range of GMP certified enzymes and microbial cultures for effluent treatment. ENVIROZYME-PR is an enzyme formulation for wastewater treatment that improves the performance of ETP. Septozyme-PR is an enzyme formulation for bio digestor that helps in sludge treatment. METHANO BOOSTER-PR is an enzyme formulation for Methane gas production. For the treatment of waste water, the company also offers SEPTOCLEAN-PR (organic cleaning solution for septic tank) and NUTRI BOOST-PR (the synergistic enzyme blend to replace urea and DAP). All these products are known for their high quality and effectiveness in wastewater management.
Solid Waste Management
Solid Waste Management plays a vital role in protecting the environment. Prions Biotech offers various GMP and NPOP certified enzymes and microbial cultures for solid waste management. BIO CLEAN-PR is an enzyme formulation for solid waste management, that is used to treat the solid waste before it is discharged.
Aqua Culture
How to improve water quality, is one of the most critical questions asked by the people who wants to put in efforts for improving water quality. The company offers a range of CAA approved organic inputs for aquaculture and hatcheries. Because of the immense knowledge and expertise in aquaculture operation, the company has emerged as a leader in aqua culture management. The company offer AQUA BIOFLOC PRO-(PR), by Prions Biotech, is proven aqua probiotics and enzymes formulation for biofloc system. In this category, the company offers other popular brands such as AQUA GUT PRO-PR, AQUA BALANCE-PR, AQUA MAX-PR and BIO AQUA CLEAN-PR. These Probiotic in aquaculture reduces stress in Fish, shrimp and shrimp farmers. Probiotics shrimp aquaculture (shrimp probiotics) increases yield and maximizes the profit in shrimp production. As a result, it is widely used as Probiotic for biofloc fish farming and Probiotics for shrimp farmers.
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Solutions for Agriculture Industry
Prions Biotech offers a wide range of NPOP certified organic inputs for agriculture. These biological products are not only eco-friendly, but also cost-effective for the farmers. The company offers GRUB BAN-PR which is an EPN Technology from NBAIR for White Grub. A soil conditioner JADOO ULTRA is also one of the popular products. In this category, the company offers other products like BLACK GOLD-PR, WATER LOCK-PR, SAMPURNA, HUMIZYME_PR, MAGIC-PR, BIO CLEAN-PR (DECOMPOSING CULTURE), NANO BIO- NPK (PR), BIO MIX-PR, VAM-PR, TARGET-PR, GREEN STICK-PR, SPEED-PR, TRICHO RICH- PR, ORGANIC-PHOS / PSB, ORGANIC- POTASH. The company has gained a reputation as a trusted plant root protectants and plant disease controller manufacturer.
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finarchemical · 3 years
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Aquaculture Probiotics: Production at Finar & Usage Defined
Finar is one of the leading aquaculture probiotics manufacturers in India. Finar takes pride in providing a wide range of high-quality aquaculture solutions to meet the growing demand in the aquaculture sector.
It is one of the fastest-growing and most trusted aquaculture products suppliers and also provides Aqua Probiotics through this product profile.
Take a look at their Aquaculture Products:
Supplements for Feed
Bio Remediators/Probiotics
Binder for Toxins
Sanitiser & Disinfectant Oxygen Generator pH Balancer & Water Softener Mineral & Water Quality
Fungicide and Protozoacide/Bacterizide
Aquaculture Probiotics: The Usage
Probiotics are actually a promising approach for controlling infectious agents and treating diseases. Probiotics have numerous advantages, including increased growth, digestion, immune response, and water quality.
Fish can benefit from microbial interventions by increasing feed conversion efficiency and protecting them from harmful bacteria - probiotics are one such intervention.
Also, probiotics for farmed fish and shrimp are beneficial bacteria commonly used in aquaculture systems to improve performance, health, and growth.
Decades of research on aquaculture probiotics have been primarily motivated by the need to reduce antibiotics in production systems and promote sustainability.
The role of probiotics in aquaculture is becoming increasingly important. This is primarily due to disease, which is the most significant constraint in aquaculture and poses a significant challenge to future growth and development.
By adhering to and developing within the intestinal mucus and mucosa, probiotic bacteria can colonise the intestine tentatively. In that case, it can reduce the number of available receptor sites for pathogens and promote their removal from infected areas. Competitive exclusion is the name given to this mechanism.
Probiotics can communicate with the host immune system by attaching to different receptors. Many studies have investigated the effect of probiotics on the immune system in shrimp and fish, focusing on the innate and adaptive immune response as well as the localised and systemic response.
About the Company
Finar also provides high-quality Lab Chemicals, Food Grade Additives, and Pharmaceutical Excipients to customers in over 50 countries for over two decades.
It aspires to be a comprehensive partner to the aqua industry, contributing new and high-quality eco-safe products to achieve long-term growth.
The company guarantees high-quality deliveries to its clients throughout India and internationally, and its products are produced under rigorous quality and environmental safety standards.
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desaletushki · 3 years
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Fish Powder Market Size Worth $10.32 Billion By 2025 | CAGR 6.51% | Global and Regional Forecast | Grand View Research, Inc.
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The global fish powder market size is expected to reach USD 10.32 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.51% during the forecast period. The growth is attributed to the rising use of fish meal products in poultry and swine diets. Rising aquaculture production along with the rise in the fortified food industry over the forecast period is anticipated to further fuel the growth.
Rising use of fish powder for the fortification of food is anticipated to drive the market. Moreover, demand for different fish categories such as anchovy, horse mackerel, capelin, menhaden, sand eel, and pilchard among others in functional food production is expected to drive the market. Increased aqua feed farming is anticipated to continue to drive the demand in the forthcoming years.
The production of fish meal is highly concentrated in Asia Pacific. China accounts for about 90% of the global aquafeed production. China is also the world’s largest importer of fish meal products; accounting for about 1.57 million metric tons in 2017 from 0.98 million metric tons in 2013. Growing imports along with the surge in prices has anticipated the demand for the products.
Rising demand in the aquafeed industry in India has driven the growth of the fish powder market. In India, the consumption of aquafeed was around 1 million tons in 2012, which reached to about 7 million tons in 2017. India has about 26 aquafeed mills with production capacity of about 43.4%, producing about 1.25 million tons of feed. Rise in fish farming is anticipated to further boost the product demand over the forecast period.
Rising interest for functional ingredients in food products due to their various health benefits in poultry and swine application will fuel growth of the market. Improvements in the production facilities and expansion of geographical reach to boost market development is expected to create growth opportunities in near future. The key players engage in acquisitions and mergers, online sales, limited extensions, among other development endeavors. Major companies operating in the market are Oceana Group Limited, Austevoll Seafood ASA, FMC Corporation, Croda International Plc., and Omega Protein Corporation.
Browse Full Report (Tables & Figures) @ https://www.grandviewresearch.com/industry-analysis/fish-powder-market
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Phone: 
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Aquafeed Market Opportunities, Key Players, Business Insights, Competitive Landscape, Regional And Global Forecast To 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market’s growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and fish products such as fish meal, fish oil, and fish silage. Fortune Business InsightsTMhas presented this information in its report titled “Aquafeed Market, 2021-2028”. The market size was USD 55.71 billion in 2020 and reached USD 58.19 billion in 2021.
COVID-19 Impact-
Supply Chain Disruptions to Hamper Market Growth
The coronavirus pandemic has drastically impacted the market. The disruptions in sea and air traffic and global supply chains have negatively impacted the market’s growth. The closure of several manufacturing plants has affected the market’s growth. However, the market is recovering due to the uptick in vaccination drives worldwide. It is expected to witness tremendous growth post-pandemic.
List of Key Players Profiled in the Market Report:
Cargill Incorporated (Minnesota, U.S.)
Archer Daniels Midland Company (Illinois, U.S.)
Alltech Inc., (U.S.)
Purina Animal Nutrition (Missouri, U.S.)
Ridley Corp Ltd (Australia)
Nutreco N.V. (Amersfoort, Netherlands)
Aller Aqua A/S (Christiansfeld, Denmark)
BioMar A/S (Denmark)
Dibaq Aquaculture (Spain)
Beneo GmbH (Germany)
Segmentation-
On the basis of type, the market is categorized into mollusks, crustaceans, fish, and others. On the basis of ingredient, the market is segmented into additives, fish oil, fishmeal, soybean, corn, and others. On the basis of form, the market is bifurcated into dry and wet. Geographically, the market is classified into South America, North America, Europe, Asia Pacific, and the Middle East & Africa.
Drivers & Restraints-
Increasing Seafood Trade to Favor Market Growth
The growing popularity of organic fish farming is anticipated to offer lucrative growth opportunities for the market. Though organic fish farming is still in nascent phase, the rising consumer inclination towards it is likely to favor market growth.
Increasing animal protein demand in major western nations and the rising seafood trade worldwide are projected to bolster the global aquafeed market growth. The increasing seafood consumption and consumer expenditure on fish & fish products including fish silage, fish meals, and fish oils are predicted to boost aquaculture production, and therefore stimulate market growth.
Lastly, the rising investments in research and development activities to develop innovative products by key players are expected to complement market growth.
However, the volatile prices of raw materials may hamper market growth.
Regional Insights-
Increasing Fish Production to Amplify Growth in Asia Pacific
Asia Pacific is anticipated to dominate the global aquafeed market share due to the swift market development during the last decade. India and China account for more than half of the region’s sales. The increasing fish production in China is likely to complement the market’s growth. Moreover, the rising business expansions in China and India are likely to amplify the growth of the market in Asia Pacific.
Europe is expected to witness substantial growth due to the soaring aquaculture production and the growing consumer inclination towards the production of salmon.
North America is projected to gain considerable growth due to the presence of prominent market players including Archer Daniels and Cargill Incorporated. Additionally, the high profits gained on exports of aquaculture are likely to complement the region’s market growth.
Competitive Landscape-
Key Players Emphasize Product Portfolio Diversification to Expand Market Share
The key players in the market emphasize product portfolio and distribution network diversification to augment their market reach and consumer bases. They adopt ingenious growth strategies including mergers and acquisitions, new product launches, technological advancements, and others. For instance, in January 2020, BioMar A/S expanded its production capacity through the inaugural of its new aquafeed plant in Wesley Vale, Tasmania. The new plant offers an annual production capacity of 110,000 tonnes of aquafeed.
Industry Developments-
May 2021: BP Milling, a U.K.-based company, launched a new pelleted blend of fish attractants called SmartMix. The blend is packed with vital minerals and vitamins and immune boosting amino acids.
Browse In-depth Summary of This Research Insight:
https://www.fortunebusinessinsights.com/industry-reports/aquafeed-market-100698
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