#global aquafeed production

[databridgemarket456]

Aquafeed enzymes market is expected to expand at a compound annual growth rate of 7.80% over the forecast period of 2021 to 2028

[skretting2024]

Optimizing Murrel Nutrition: A Guide for Farmers and Aquafeed Producers

The murrel, sometimes called the snakehead fish, is becoming more and more common in aquaculture because of its strong character and high market value. Comprehending the eating patterns and nutritional needs of murrel is essential for farmers to optimize development, well-being, and financial gains.

Food Specifications for Murrel Fish that are carnivores and have a huge appetite are murrels. They mostly eat smaller fish, frogs, insects, and crustaceans in the wild. As they get bigger, their eating patterns alter: - In the fry stage, newly hatched murrels consume small aquatic insects and zooplankton. - Stage of fingerlings: As they get bigger, they move on to larger prey, such as shrimp and small fish. - Stage adult: Once they reach adulthood, murrels become opportunistic predators, eating a wide range of prey such as fish, amphibians, and even small animals or birds that fall into the water.

Nutritional Requirement A balanced diet that satisfies their unique nutritional requirements is necessary for murrel to flourish in aquaculture settings: - Protein: Because they are carnivores, murrels need a lot of protein. For optimum growth, their diets must contain 40–45% crude protein. - Lipids: For energy and necessary fatty acids, murrel need to consume 10-12% of their diet in lipids. - Carbs: Although they are not necessary, they can be added in small amounts(15–25%), freeing up protein for development. - Minerals and vitamins: A full range of minerals and vitamins is required for healthy development, immunological response, and overall well-being in Murrel Nutrition. Aquafeed Optimization for Murrel The following should be taken into account by farmers and aquafeed producers in order to achieve these nutritional requirements: - High-quality protein sources: To reach the required protein content, mix fish meal, poultry by-product meal, and plant-based proteins such as soybean meal. - Necessary amino acids: Make sure the feed has the proper amounts of each essential amino acid, especially lysine, methionine, and threonine. - Lipid sources: To supply vital fatty acids and energy, include fish oil and vegetable oils. - Complete vitamin and mineral premixes: To avoid deficiencies, add these supplements. - Agents: Use natural stimulants such as fish or krill to increase appetite and absorption. Skretting's Path to Murrel Nutrition Skretting, a global aquafeed manufacturer, has developed a diet designed to meet the nutritional requirements of murrel. Its research strategy focuses on: 1. Making the most of protein-to-energy ratios during the life cycle of a murrel. 2. Including sustainable and alternate sources of protein without compromising growth performance. 3. Improving feed digestibility to boost absorption of nutrients and cut down on waste. 4. Preparing wholesome meals that support immune system health and stress tolerance Feeding Techniques for Farmers In order to optimize the advantages of premium aquafeed, producers had to employ efficient feeding methods: Feeding frequency: Provide several little meals instead of one or two substantial feedings over the day. Monitoring and adjusting: Keep a close eye on feeding behavior and modify feeds according to fish appetite, size, and water temperature. Feed management: To preserve nutritional quality and avoid contamination, use appropriate feed storage practices. Water quality: Keep the parameters as good as possible because low quality might have an impact on feed intake and nutrient usage. In summary Successful aquaculture requires an understanding of murrel eating behavior and nutritional needs. Farmers may encourage healthy development, enhance feed conversion ratios, and eventually boost profitability by feeding their animals a well-balanced diet tailored to their individual needs. Working along with trustworthy aquafeed manufacturers like Skretting may assist in guaranteeing that murrel have the nourishment they require to flourish in aquaculture environments. Ongoing nutritional research and development for murrels will be essential to enhancing murrel feed formulations and farming techniques as the aquaculture sector develops. Farmers can maintain the healthy growth of this lucrative aquaculture species and maximize murrel production by keeping up with the newest developments in aquafeed technology.

[credenceresearchdotblog]

The Microalgae-based Aquafeed market is projected to grow from USD 274.31 million in 2024 to USD 483.79 million by 2032, reflecting a compound annual growth rate (CAGR) of 7.35%.The global aquaculture industry is undergoing a transformation, driven by the need for sustainable and efficient feed solutions. One of the most promising innovations in this field is the development of microalgae-based aquafeed. This burgeoning market not only addresses environmental concerns but also offers economic and nutritional advantages, positioning itself as a key player in the future of aquaculture.Microalgae-based aquafeed refers to the use of microalgae, single-celled aquatic organisms, as a primary or supplementary ingredient in feed for aquatic species. Microalgae are rich in essential nutrients, including proteins, lipids, vitamins, and minerals, making them a highly nutritious feed option. Additionally, they offer several benefits over traditional feed ingredients, such as fishmeal and soybean meal.

Browse the full report at https://www.credenceresearch.com/report/microalgae-based-aquafeed-market

Market Drivers

1. Sustainability Concerns: Traditional aquafeed often relies on fishmeal derived from wild fish stocks, contributing to overfishing and ecological imbalance. Microalgae-based feed, however, can be produced sustainably and does not deplete marine resources. This shift aligns with global sustainability goals and regulatory pressures aimed at reducing the environmental impact of aquaculture.

2. Nutritional Advantages: Microalgae are known for their high protein content and the presence of omega-3 fatty acids, which are essential for the growth and health of aquatic species. The nutritional profile of microalgae can enhance the quality of the final aquaculture products, leading to healthier fish and shellfish with improved growth rates.

3. Growing Aquaculture Industry: The expansion of the aquaculture industry to meet the rising demand for seafood is driving the need for innovative feed solutions. Microalgae-based feeds are increasingly being adopted as a viable alternative to traditional feeds, particularly in high-value aquaculture sectors such as salmon farming.

4. Research and Technological Advancements: Ongoing research into microalgae cultivation and processing technologies is making it more feasible and cost-effective to produce high-quality microalgae-based feeds. Advances in biotechnology and algae farming methods are improving yields and reducing production costs, further driving market growth.

Market Trends

1. Increased Investment and Research: Significant investments are being made in the development of microalgae-based aquafeed. Both public and private sectors are funding research to optimize algae strains, enhance production techniques, and scale up manufacturing processes.

2. Expansion of Application Areas: While the primary focus has been on finfish species, there is growing interest in applying microalgae-based feeds to other aquaculture segments, such as crustaceans and mollusks. This diversification opens up new market opportunities and potential revenue streams.

3. Consumer Awareness and Preferences: As consumers become more conscious of sustainability and the environmental impact of their food choices, there is increasing demand for sustainably sourced seafood. Microalgae-based aquafeed meets this demand by supporting eco-friendly aquaculture practices.

Challenges and Opportunities

1. Production Costs: Despite advancements, the production of microalgae-based feeds remains more expensive compared to traditional feed ingredients. However, as technology advances and economies of scale are achieved, costs are expected to decrease, making microalgae-based feeds more competitive.

2. Regulatory and Market Acceptance: Gaining regulatory approval and market acceptance can be challenging. Companies must navigate regulatory frameworks and demonstrate the efficacy and safety of microalgae-based feeds to gain widespread adoption.

3. Supply Chain Development: Building a robust supply chain for microalgae cultivation, processing, and distribution is crucial for market growth. Collaborations between algae producers, feed manufacturers, and aquaculture operations will be key to scaling up production and distribution.

Key Player Analysis

Koninklijke DSM N.V.

The Archer-Daniels-Midland Company

Corbion N.V.

Cellana Inc.

Solabia Group

Evergen Resources

Greentech Group

Algalimento SL

Kessler Zoologiegrosshandel GmbH & Co. KG

A4F Algae for Future

Segments:

Based on Species:

Spirulina

Chlorella

Nannochloropsis

Isochrysis

Others

Based on Aquatic Animal:

Fish

Mollusks

Crustaceans

Others

Based on the Geography:

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/microalgae-based-aquafeed-market

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[indoorverticalfarmingnews]

Yield10 Bioscience Secures Exclusive License for Sustainable Omega-3 Production in Camelina

Key Takeaways Yield10 Bioscience has secured an exclusive global license from Rothamsted Research to produce omega-3 products using engineered Camelina sativa. The company aims to target the aquafeed, pet food, and nutritional markets for omega-3 fatty acids. The sustainable production method offers a land-based alternative to the traditional fish-derived omega-3 oils, addressing overfishing…

[gqresearch24]

Aquaculture Market Outlook Report 2024-2030: Trends, Strategic Insights, and Growth Opportunities | GQ Research

The Aquaculture market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Aquaculture market showcased a significant presence, boasting a valuation of US$ 42.6 Billion. This underscores the substantial demand for Aquaculture technology and its widespread adoption across various industries.

Get Sample of this Report at https://gqresearch.com/request-sample/global-aquaculture-market/

Projected Growth: Projections suggest that the Aquaculture market will continue its upward trajectory, with a projected value of US$ 69.76 Billion by 2030. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 7.30%, reflecting a steady and robust growth rate for the Aquaculture market over the coming years.

Technology Adoption:

Technology adoption in the Aquaculture market focuses on improving production efficiency, sustainability, and biosecurity. Advanced technologies such as recirculating aquaculture systems (RAS), automated feeding systems, water quality monitoring sensors, and genetic breeding techniques are widely adopted to optimize fish and shellfish farming operations. Additionally, innovations in aquafeed formulations, disease diagnostics, and waste management systems contribute to the sustainable growth of the aquaculture industry. Furthermore, digitalization and data analytics enable real-time monitoring and decision-making for improved productivity and resource management in aquaculture facilities.

Application Diversity:

The Aquaculture market serves diverse applications across various species of finfish, shellfish, and aquatic plants for food production, ornamental purposes, and conservation efforts. Aquaculture species include freshwater and marine fish such as salmon, trout, tilapia, catfish, shrimp, oysters, mussels, and seaweed. Each species has specific requirements in terms of habitat, water quality, nutrition, and husbandry practices, leading to a wide range of aquaculture systems and production methods. Moreover, aquaculture serves diverse markets including food for human consumption, bait and pet trade, restoration of wild stocks, and ecosystem services such as water filtration and habitat enhancement.

Consumer Preferences:

Consumer preferences in the Aquaculture market are influenced by factors such as product quality, safety, sustainability, and traceability. Consumers prioritize aquaculture products that are safe for consumption, free from contaminants, antibiotics, and chemical residues. Additionally, sustainably produced seafood certified by reputable standards such as ASC (Aquaculture Stewardship Council) or MSC (Marine Stewardship Council) is preferred by environmentally conscious consumers. Moreover, consumers value transparency and traceability in the supply chain, seeking information on the origin, production methods, and environmental impact of aquaculture products.

Technological Advancements:

Technological advancements in the Aquaculture market focus on improving production efficiency, disease management, and environmental sustainability. Research and development efforts aim to develop disease-resistant aquaculture stocks through selective breeding, genetic engineering, and immunostimulants. Additionally, advancements in aquafeed formulations, including alternative protein sources and functional additives, enhance feed conversion efficiency and reduce environmental impact. Moreover, innovations in water treatment technologies, biosecurity measures, and integrated multitrophic aquaculture (IMTA) systems contribute to minimizing environmental risks and improving overall sustainability in aquaculture operations.

Market Competition:

The Aquaculture market is characterized by intense competition among producers, processors, and distributors, driven by factors such as product quality, pricing, brand reputation, and market access. Major aquaculture companies leverage economies of scale, vertical integration, and global market presence to maintain competitive advantages in production and distribution. Meanwhile, small-scale farmers and niche producers differentiate themselves through product differentiation, specialty species, organic or sustainable certifications, and direct marketing channels. Additionally, partnerships and collaborations across the aquaculture value chain, including research institutions, government agencies, and industry associations, play a crucial role in enhancing competitiveness and market positioning.

Environmental Considerations:

Environmental considerations are central to the Aquaculture market, with stakeholders focusing on minimizing environmental impact, conserving natural resources, and promoting ecosystem health. Sustainable aquaculture practices aim to reduce pollution, habitat destruction, and overexploitation of wild fish stocks. Measures such as site selection criteria, effluent management, and ecosystem-based management approaches are implemented to mitigate environmental risks and ensure the long-term viability of aquaculture operations. Moreover, efforts are made to minimize resource use, optimize feed conversion ratios, and implement circular economy principles such as waste recycling and nutrient recovery. Overall, the adoption of environmentally friendly aquaculture practices contributes to the conservation of aquatic ecosystems and biodiversity while meeting growing global demand for seafood.

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

Marine Harvest (now Mowi)

Cermaq

Thai Union Group

SalMar

Skretting

AquaBounty Technologies

Nutreco

Blue Ridge Aquaculture

Cooke Aquaculture

Grieg Seafood

Nireus

Marine Harvest Canada

Tassal Group Limited

Stolt Sea Farm

Marine Harvest Scotland

The research report provides a comprehensive analysis of the Aquaculture market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-aquaculture-market/

About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

Jessica Joyal

+1 (614) 602 2897 | +919284395731

Website - https://gqresearch.com/

[animal-care]

Exploring the Animal Feed Market Share, Challenges, and Major Players

Introduction

The Animal Feed Industry plays a crucial role in supporting global livestock production by providing essential nutrition to animals. This article delves into the dynamics of the animal feed market, including market research reports, additives, market share, market size, global market size, growth, and challenges.

Animal Feed Market Research Reports

Market research reports provide valuable insights into the animal feed industry, offering comprehensive analyses of market trends, growth projections, and competitive landscapes. According to recent reports, the global animal feed market was valued at USD 460 billion in 2020, with a projected CAGR of 4.5% from 2021 to 2028.

Animal Feed Additives Market

The animal feed additives market is an integral component of the overall animal feed industry, encompassing a wide range of nutritional supplements, preservatives, and performance enhancers. With the increasing demand for specialized feed formulations to meet the nutritional requirements of livestock, the market for feed additives is witnessing steady growth.

Animal Feed Market Share

Several companies dominate the animal feed market, holding significant market shares across different regions and segments. Key players include Cargill, Incorporated, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Land O'Lakes, Inc., and Nutreco N.V. These companies offer a diverse range of feed products catering to various species and production systems.

Animal Feed Market Size

The animal feed market is sizable, reflecting the immense demand for feed products to sustain livestock production worldwide. In 2020, the global market size exceeded 1 billion metric tons, with compound feed accounting for the largest share. The market size is expected to surpass 1.2 billion metric tons by 2025, driven by population growth, rising incomes, and increasing meat consumption.

Global Animal Feed Market

The global animal feed market encompasses a wide range of products and segments, including poultry feed, swine feed, cattle feed, aquafeed, and pet food. Asia-Pacific is the largest market for animal feed, accounting for over 40% of global consumption, followed by North America and Europe.

Global Animal Feed Market Size

The global animal feed market is vast, with diverse regional markets contributing to its overall size and growth. In 2020, the market size exceeded USD 400 billion, with Asia-Pacific and North America emerging as the largest regional markets. The market size is projected to reach USD 530 billion by 2025, driven by increasing demand for high-quality protein sources and nutritional supplements.

Animal Feed Market Growth

The Animal Feed Market is experiencing steady growth, propelled by factors such as population expansion, urbanization, and changing dietary preferences. In developing countries, rising disposable incomes and a growing middle class are driving increased consumption of animal protein, boosting demand for animal feed.

Animal Feed Market Challenges

Despite its growth prospects, the animal feed industry faces several challenges, including:

Raw Material Availability: Fluctuations in the availability and prices of key feed ingredients such as grains, oilseeds, and protein meals pose challenges for feed manufacturers, impacting production costs and profitability.

Regulatory Compliance: Compliance with stringent regulatory standards and quality control measures is essential for ensuring the safety and efficacy of feed products. Adherence to labeling requirements, ingredient specifications, and feed safety protocols adds complexity to the manufacturing process.

Environmental Concerns: The environmental footprint of animal feed production, including land use, water consumption, and greenhouse gas emissions, is a growing concern. Sustainable feed sourcing, waste management, and resource-efficient production practices are increasingly important for mitigating environmental impacts.

Animal Feed Companies

Prominent companies in the animal feed sector include:

Cargill

Archer Daniels Midland (ADM)

Charoen Pokphand Foods (CPF)

Land O'Lakes

New Hope Group

Nutreco

DSM

Purina Animal Nutrition

Wilmar International

Conclusion

The animal feed market presents significant opportunities for growth and innovation, driven by increasing demand for protein-rich diets and livestock products. With the adoption of advanced technologies, sustainable practices, and strategic partnerships, stakeholders can address challenges, capitalize on emerging trends, and contribute to the sustainable development of the global livestock industry.

[metiresearch]

Mealworms Market Projected to Reach $1.27 Billion by 2030: A New Report by Meticulous Research®

"Meticulous Research® Unveils Groundbreaking Study: 'Navigating the Growth Trajectory of the Mealworms Market'"

Meticulous Research®, a distinguished leader in global market research, has recently launched an illuminating report titled 'Mealworms Market by Product Type (Whole Mealworm, Mealworm Powder, Mealworm Meal), Application (Animal Feed, Aquafeed, Pet Food, Food & Beverages), End Use (Animal Nutrition, Human Consumption)-Global Forecast to 2030.'

Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5264

According to this comprehensive analysis by Meticulous Research®, the mealworms market is anticipated to exhibit a remarkable CAGR of 25.8% between 2022 and 2030, reaching an impressive valuation of $1.27 billion by the end of the forecast period. This surge in market growth is underpinned by several factors, including the escalating greenhouse gas emissions from traditional livestock practices, the profound nutritional benefits associated with mealworm consumption, the eco-friendly profile of edible mealworms, and the lower risk of zoonotic diseases compared to conventional animal-derived products. However, the potential risk of allergic reactions stemming from mealworm consumption may somewhat impede market expansion.

Diving into the segmentation of the mealworms market, the report delves into product types, applications, end uses, and geographical landscapes.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/mealworms-market-5264

In terms of product types, the market is categorized into whole mealworms, mealworm meal, mealworm powder, and other related products. Notably, the whole mealworm segment is anticipated to dominate the market landscape in 2022, exhibiting the highest growth trajectory throughout the forecast period. This dominance can be attributed to the burgeoning preference for whole mealworms among food and feed manufacturers, owing to their widespread availability and cost-effectiveness.

Regarding applications, the mealworms market spans across various sectors, including animal feed, aquafeed, pet food, food & beverages, and other specialized applications. Particularly, the food & beverages segment is poised to witness the most significant growth during the forecast period, fueled by increasing awareness regarding nutritional benefits, growing consumer interest in protein supplements, and the integration of mealworms into bakery products and snacks.

Quick Buy: https://www.meticulousresearch.com/Checkout/74058310

Geographically, the report provides an in-depth analysis of major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to emerge as the fastest-growing region in the mealworms market from 2022 to 2030. This growth trajectory is propelled by escalating demand for sustainable, protein-rich food options, coupled with shifting consumer perceptions and attitudes toward insect-based food products.

The study profiles several key players operating in the mealworms market, including Protix B.V., Ÿnsect SAS, BETA HATCH, Armstrong Crickets Georgia, TEBRIO, Tebrito AB, Entec Nutrition, Invertapro AS, Keil Co., Ltd, EntoBreed Farming BV, and Goterra.

For further insights and a detailed analysis, interested parties can access the report from Meticulous Research®.

Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5264

[vakyalss]

Saccharomyces Boulardii Powder Exporters In India

Saccharomyces Boulardii Powder Exporters In India

In today's fast-paced world, maintaining optimal health and wellness has become a top priority for individuals worldwide. As awareness grows about the importance of gut health in overall well-being, the demand for high-quality probiotics continues to soar. Among these probiotics, Saccharomyces boulardii stands out for its remarkable benefits. If you're in search of premium Saccharomyces boulardii powder exporters in India, look no further than Vakyalifesciences.

At Vakyalifesciences, our mission is simple yet profound: to empower individuals to enhance their health and wellness through sustainable and innovative probiotic solutions. With a strong commitment to quality and efficacy, we have emerged as leaders in the production and export of probiotics and nutraceuticals for humans, aquafeed, livestock, and agriculture.

Why Choose Saccharomyces Boulardii?

Saccharomyces boulardii is a probiotic yeast with a proven track record of supporting gastrointestinal health. Unlike bacterial probiotics, Saccharomyces boulardii is a yeast strain that has been extensively researched for its therapeutic properties. It has been shown to:

Combat Digestive Disorders: Saccharomyces boulardii is effective in managing various gastrointestinal disorders, including diarrhea, irritable bowel syndrome (IBS), and inflammatory bowel disease (IBD). It helps restore the balance of gut microbiota and promotes digestive health.

Prevent Antibiotic-Associated Diarrhea (AAD): Antibiotic therapy often disrupts the natural balance of gut bacteria, leading to diarrhea. Saccharomyces boulardii can help prevent AAD by replenishing beneficial bacteria and reducing the risk of diarrhea associated with antibiotics.

Boost Immune Function: A healthy gut is closely linked to a robust immune system. Saccharomyces boulardii supports immune function by enhancing the gut barrier, modulating immune responses, and reducing inflammation.

Why Choose  Vakyalifesciences as Saccharomyces boulardii powder exporters in India?

When it comes to sourcing Saccharomyces boulardii powder exporters in India, choosing the right supplier is crucial. Here's why Vakyalifesciences stands out:

Uncompromising Quality: At Vakyalifesciences, quality is our top priority. We adhere to stringent quality control measures throughout the production process to ensure that our Saccharomyces boulardii powder meets the highest standards of purity and potency.

Sustainable Practices: We are committed to sustainability in all aspects of our operations. From sourcing raw materials to packaging and distribution, we prioritize eco-friendly practices to minimize our environmental footprint.

Customized Solutions: Whether you're a pharmaceutical company, a dietary supplement manufacturer, or an animal feed producer, we can tailor our Saccharomyces boulardii powder to meet your specific needs and requirements.

Global Reach: With our extensive distribution network, we can export Saccharomyces boulardii powder to clients around the globe. Wherever you are, you can count on us to deliver top-quality probiotic solutions.

Conclusion

In conclusion, Vakyalifesciences  stands as your trusted partner for premium Products and a leading Saccharomyces boulardii powder exports in India. With our commitment to quality, sustainability, and innovation, we strive to empower individuals and businesses alike to achieve optimal health and wellness. Contact us today to learn more about our probiotic solutions and how we can support your health and wellness goals.

[omkarpatel]

Animal Nutrition Market is Estimated to Witness High Growth Owing to Rising Demand for Pet Food

The animal nutrition market comprises nutritional products for animal consumption including fodder, feed, and pet food. These nutritional products provide proteins, vitamins, carbohydrates, fats, and other micronutrients necessary to support animal growth and health.

Market Dynamics:

The animal nutrition market is expected to grow tremendously during the forecast period owing to rising demand for pet food and increasing adoption of pets. According to the American Pet Products Association, around 90 million households in the U.S. own at least one pet. Increasing pet parenting has raised demand for high-quality pet food over generic offerings. Furthermore, the growing meat consumption globally has augmented demand for aquafeed and poultry feed to fulfill the consumption needs sustainably. Advancements in animal nutrition products address species-specific nutritional requirements and aid in better digestibility and absorption of nutrients. This is expected to drive the growth of the market during the forecast period.

Animal Nutrition Market: Driver 1 - Rising Animal Protein Consumption Globally

The consumption of animal protein is significantly rising across both developed and developing countries. Meat consumption is substantially increasing in developing nations like China, Brazil, and India due to westernization and rising incomes. Moreover, awareness regarding health benefits of protein-rich diet is driving people towards meat products. This surge in meat demand worldwide is compelling livestock producers to focus more on high nutritional feeds and balanced diets for their animals. The growing population of companion pets is another key factor augmenting the demand for animal nutrition products globally.

Driver 2 - Advancements in Animal Feed Additives and Technologies

Leading manufacturers in the animal nutrition market are continuously investing in R&D activities to develop advanced feed additives and innovative feeding technologies. New products like palatability enhancers, non-antibiotic growth promoters, gut health promoters, mycotoxin binders, amino acid supplements etc. are helping to improve animal growth, health and productivity. Digital livestock monitoring systems, precision feeding equipment and feed database software are augmenting the efficiency of feeding processes. Technological upgrades are enabling livestock farmers to meet the rising demand for high-quality meat and dairy products in a sustainable way.

Restrain - Stringent Regulations on Antibiotic Use in Animal Feeding

Regulatory authorities worldwide are imposing stringent restrictions on the prophylactic use of antibiotics as growth promoters in livestock feeding due to rising public health concerns. The practice of routinely feeding low doses of antibiotics to promote animal growth is banned or facing restrictions in many countries. Some authorities are also limiting the therapeutic and prevention use of certain medically important antibiotic classes in animal feeds. Pharmaceutical companies need to invest more in developing antibiotic alternatives to comply with evolving regulatory guidelines. Compliance issues can negatively impact the profitability of animal nutrition market players.

Opportunity - Growing Demand for Organic and Natural Animal Feed

Driven by rising health awareness and sustainability priorities of consumers, the demand for organic and natural animal feed is expanding significantly across both developed and emerging economies. Farmers are motivated to shift towards natural feed options containing no synthetic chemicals or GMOs to cater to premium market segments. They can fetch higher prices for animal products sourced from sustainably and ethically farmed livestock. Leading companies have begun investing in organic and clean-label feed products containing natural growth promoters, gut health prebiotics and plant-based alternatives to antibiotics. This fast-growing niche provides major opportunities for revenue growth in the animal nutrition industry.

Trend - Focus on Pasture-Raised and Grass-Fed Livestock Systems

There is a growing preference among consumers as well as regulators for pasture-raised and grass-fed animal production systems that align with high animal welfare standards. Completely indoor livestock operations are facing scrutiny due to concerns over restricted animal movement. Sustainability-conscious customers are willing to pay premium prices for meat and dairy from ruminants allowed to graze on pastures as it fits their perception of natural and humane farming. Many livestock producers are transitioning to rotational or silvopasture grazing models needing specialized grazing-oriented feed formulations. This emerging trend presents scope for tailored animal nutrition solutions.

[industryforecastnews]

Enzymes Market Size To Reach $20.31 Billion By 2030 | CAGR: 4.9%

Enzymes Market Growth & Trends

The global enzymes market size was estimated at USD 20.31 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The rising consumption of products on the account of the increasing awareness regarding an individual’s health is likely to positively influence the product demand over the forecast period.

Carbohydrase is bifurcated as cellulose, amylase, pectinase, xylanase, and lactase. It is widely used as an ingredient in the formulation of carbonated drinks. The growing usage of different kinds of carbohydrases in the animal feed and pharmaceutical industry is further projected to boost the overall industry demand in the coming years.

In North America, the U.S. is dominating the market for enzymes across the region on the account of the changing consumer preferences and rising demand for organic and nutritional food items from the food & beverage industry. Furthermore, the escalating market growth from the pharmaceutical and nutraceutical industry is anticipated to fuel the industry growth over the forecast period.

The market is an oligopolistic market with major players dominating the marketspace such as DSM, Novozymes, and DuPont Danisco among others. There is a significant rise in the demand for high-quality specialty enzymes across the globe. Thus, raw material distributors and manufacturers are witnessing a spike in lucrative opportunities to offer uniform and superior quality products via a systematic supply chain network.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/enzymes-industry

Enzymes Market Report Highlights

Food & Beverages segment accounted for more than 22.9% in 2022of the industrial type share due to the rising usage of enzymes in bakery and functional food products

Industrial emerged as the largest type segment in 2022 and is estimated to generate revenue of over USD 11.42 billion by 2030

Microorganisms emerged as the largest source segment in 2022 and are estimated to generate revenue over USD 17.47 billion by 2030

North America is projected to witness the fastest growth rate of 6.6% from 2023 to 2030 due to the rising R&D activities across the developed countries coupled with the presence of numerous end-use application manufacturers in the pharmaceuticals, food & beverage, and personal care & cosmetics sector

Pharmaceutical emerged as the largest specialty type segment with a revenue share of 40.6% in 2022, due to the increasing usage of the product in different applications including wound healing, diagnosing diseases, and killing disease-causing bacteria

Enzymes Market Segmentation

Grand View Research has segmented the global enzymes market report based on type, product, source, and region

Enzymes Type Outlook (Revenue, USD Million, 2018 - 2030)

Industrial Enzymes

Food & Beverages

Meat Processing

Dairy Products

Beverages

Bakery & Confectionery

Other Food Products

Detergents

Animal Feed

Ruminants

Swine

Poultry

Aquafeed

Others

Biofuels

Textiles

Pulp & Paper

Nutraceutical

Personal Care & Cosmetics

Wastewater

Others

Specialty Enzymes

Pharmaceutical

Research & Biotechnology

Diagnostics

Biocatalyst

Enzymes Product Outlook (Revenue, USD Million, 2018 - 2030)

Carbohydrase

Proteases

Lipases

Polymerases & nucleases

Others

Enzymes Source Outlook (Revenue, USD Million, 2018 - 2030)

Plants

Animals

Microorganisms

Enzymes Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

Turkey

List of Key Players in the Enzymes Market

BASF

Novozymes

DuPont Danisco

DSM

NOVUS International

Associated British Foods Plc

Chr. Hansen Holding A/S

Advanced Enzyme Technologies

Lesaffre

Adisseo

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/enzymes-industry

[smrutiiyerreportprime]

Feed and Aquafeed Market: Nourishing the World's Growing Appetite

Introduction to Feed and Aquafeed

Feed and aquafeed play a critical role in meeting the nutritional requirements of animals and aquatic species, supporting the global food production chain. As the world's population continues to grow, there is an increasing demand for animal-derived protein sources, leading to a surge in the production of livestock and aquaculture. This blog delves into the feed and aquafeed market, its significance in ensuring food security, key players in the industry, and factors driving its growth.

The Significance of Feed and Aquafeed in Food Security

Feed and aquafeed are essential components of the food production ecosystem and contribute significantly to global food security:

Animal Protein Production: Livestock and aquaculture serve as primary sources of animal-derived protein for human consumption. Feed and aquafeed play a vital role in promoting the growth, health, and productivity of these animals.

Sustainable Aquaculture: With wild fish stocks depleting, aquaculture has become essential in meeting the growing demand for seafood. Proper nutrition provided by aquafeed supports the development of healthy and robust aquatic species.

Balanced Nutrition: Feed formulations ensure that animals and fish receive a well-balanced diet, containing essential nutrients for growth, immunity, and overall well-being.

Economic Contribution: The feed and aquafeed industry significantly contributes to the economy by supporting agriculture, aquaculture, and livestock sectors, generating employment opportunities, and fostering economic growth.

Market Size and Growth Prospects

The global feed and aquafeed market have witnessed steady growth in recent years, driven by rising consumer awareness about food quality, animal welfare, and sustainable farming practices. The global feed market was valued at USD 482.7 billion in 2021, while the aquafeed market was valued at USD 95.8 billion in the same year. The combined market is projected to register a CAGR of 4.9% from 2022 to 2027.

Factors Driving the Feed and Aquafeed Market

Growing Population and Urbanization: Rapid population growth and increasing urbanization have led to higher demand for animal protein, boosting the production of livestock and aquaculture.

Shift towards High-Value Protein: As disposable incomes rise, there is a shift in dietary preferences towards high-value protein sources, such as meat and seafood, driving the demand for quality feed and aquafeed.

Health and Wellness Trends: Consumers are becoming more health-conscious, leading to a preference for organic and nutritious animal products, which necessitates proper feed and nutrition management.

Sustainable Aquaculture Practices: Aquaculture is increasingly recognized as a sustainable solution to meet seafood demand. Proper aquafeed formulations support sustainable aquaculture practices, reducing pressure on wild fish stocks.

Advancements in Feed Technology: Ongoing research and development in feed technology have led to innovative formulations that enhance animal performance and reduce environmental impacts.

Government Support: Governments across regions are providing incentives and support to the feed and aquafeed industry to improve food security and boost agricultural productivity.

Key Players in the Feed and Aquafeed Market

Cargill, Incorporated: Cargill is a global leader in agricultural products and services, including animal nutrition. The company reported annual revenue of USD 119.5 billion from its animal nutrition segment in 2021.

Archer Daniels Midland Company (ADM): ADM is a major player in the feed and aquafeed market, providing a wide range of animal nutrition products. The company's animal nutrition segment generated annual revenue of USD 44.5 billion in 2021.

Nutreco N.V.: Nutreco is a leading animal nutrition company, specializing in premixes, feed additives, and aquafeed solutions. The company reported annual revenue of USD 6.8 billion from its animal nutrition segment in 2021.

Alltech, Inc.: Alltech is a global animal nutrition company, offering innovative feed solutions for various species. The company's animal nutrition segment generated annual revenue of USD 3.5 billion in 2021.

Charoen Pokphand Foods Public Company Limited (CPF): CPF is a prominent agro-industrial and food conglomerate with a significant presence in the animal feed and aquafeed markets. The company's animal feed segment reported annual revenue of USD 11.3 billion in 2021.

Land O'Lakes, Inc.: Land O'Lakes is a leading agricultural cooperative that operates in animal nutrition, dairy, and crop inputs. The company's animal nutrition segment generated annual revenue of USD 14.3 billion in 2021.

Evonik Industries AG: Evonik is a specialty chemicals company that produces additives and nutritional solutions for animal feed and aquaculture. The company's nutrition and care segment reported annual revenue of USD 15.1 billion in 2021.

ForFarmers N.V.: ForFarmers is a prominent player in the European feed market, providing customized nutrition solutions. The company reported annual revenue of USD 2.4 billion from its feed segment in 2021.

BioMar Group: BioMar is a global leader in high-performance aquafeed, offering sustainable feed solutions for various aquatic species. The company's annual revenue from aquafeed sales was USD 2.1 billion in 2021.

Skretting (a Nutreco company): Skretting is a leading aquafeed producer, dedicated to providing advanced feed solutions for aquaculture. The company reported annual revenue of USD 2.9 billion from its aquafeed segment in 2021.

Conclusion

The feed and aquafeed market is a crucial component of the global food production system, supporting the production of high-quality animal-derived protein sources and sustainable aquaculture practices. With the increasing demand for nutritious and safe animal products, the market is poised for steady growth in the coming years. Key players like Cargill, Archer Daniels Midland Company (ADM), and Nutreco N.V. are leading the industry with their innovative solutions and commitment to sustainability. As the world faces the challenge of feeding a growing population, the feed and aquafeed market will continue to play a pivotal role in nourishing the world's appetite and promoting food security for generations to come.

[foodandbeverages]

Plasma Powder Market Rising Trends, Huge Demand, Business Strategies, High Growth Rate By 2032

The Plasma Powder market has been witnessing remarkable growth in recent years, driven by its diverse applications in various industries. This fine, high-quality powder is produced through plasma atomization, ensuring consistent particle size and superior purity. Industries like aerospace, automotive, and electronics are major consumers, utilizing plasma powder in additive manufacturing, coatings, and metal injection molding processes.

According to a recent study by FMI, sales of plasma powder are expected to surpass a valuation of US$ 3.0 Bn in 2032, rising at a CAGR of around 5.2% through 2032.

The food sector has been pushed to become more involved in the international promotion of healthy diets. Food producers’ voluntary initiatives to improve the quality of processed meals have augmented the demand for healthy processed foods like plasma powder.

Plasma powders are utilized in food applications as a good protein source, gravy thickening, and binding agent. Increasing demand for healthy processed food products is thus projected to drive the global market.

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Ability of plasma powder to raise protein content, improve product quality, assure uniform desirable texture, and thicken gravy is expected to drive its demand for usage in culinary products. Urgent need for multi-functionality, convenience, and organic food items worldwide is also set to propel the demand for food thickeners.

Rising need for food thickeners for use in soups, sauces, stews, and broths is another vital factor that would aid growth. Increasing consumer preference for high-protein foods, as well as rising demand for ready-to-eat, high-nutrition foods would have a beneficial impact on the plasma powder market.

Key Takeaways: Plasma Powder Market

The U.S. is estimated to account for more than 30% of the North America plasma powder market in 2022.

By application, the swine feed sub-segment is expected to surpass US$ 0.9 Bn by 2032.

Germany is dominating the Europe plasma powder market due to increased demand for plant protein in the powdered form.

Based on source, the porcine segment is set to reach a valuation of US$ 1.5 Bn in 2022.

Application of plasma powder is likely to grow in the pharmaceutical sector with rising demand for personalized medicines.

“Key players are investing in R&D activities to introduce new products and gain a competitive advantage. They are also engaging in collaborations, acquisitions, mergers, and partnerships to expand their consumer base and increase revenues,” says a FMI analyst.

Competitive Landscape: Plasma Powder Market

Key players operating in the global plasma powder market are focusing on attracting a large consumer base by implementing various strategies such as product innovations, marketing & promotional activities, expansion of distribution channels, and sustainable production techniques.

Some of the leading companies offering plasma powder are ACTIPRO, Lican Alimentos S.A., APC Company Inc., Merck KGaA, Rocky Mountain Biologicals LLC, Veos N.V., Darling Ingredients Inc. (Sonac), Acontex GmbH, SARIA Group, and Shenzhen Tier among others.

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More Valuable Insights on the Plasma Powder Market: FMI, in its new offering, provides an unbiased analysis of plasma powder presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Plasma Powder Market Outlook by Category

By Source:

Bovine

Porcine

Other

By Application:

Animal Feed

Swine Feed

Poultry Feed

Pet Food

Aquafeed

Ruminant Feed

Others

Food

Pharmaceutical

Others

By Region:

North America

Latin America

Europe

Asia Pacific

MEA

Information Source: https://www.futuremarketinsights.com/reports/plasma-powder-market  

[ananya5400]

Latest Regulatory Trends Impacting the Aquafeed Market

The global aquafeed market is projected to reach USD 88.0 billion by 2028, at a CAGR of 7.3% over the forecast period. It is estimated to be valued USD 61.8 billion in 2023. Several important factors are driving up demand for aquafeed products on a global scale. First, a growing worldwide population has an increased need for seafood, and aquaculture offers a sustainable way to meet this demand. Fish and prawn farming has become more popular because of the depletion of wild fish stocks. Aquafeed is crucial for the healthy growth and development of aquaculture aquatic species, increasing their output and decreasing their reliance on foraging wild fish. Aquafeed products are in high demand to support the expansion of the business since advances in aquaculture technology and practises have made it more effective and financially viable.

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By form, dry segment is projected to have fastest growing rate during the forecast period.

Dry form of feed is preferred due to a few factors, such as ease of transportation, storage, and convenience associated with it, as opposed to the liquid form, which requires specialized facilities for storage and transportation. It can be purchased in bulk and is available with multiple ingredient options. Cost-effectiveness is another aspect that drives the growth of this market.

By species, fish segment is projected to have fastest growing rate during the forecast period.

In the aquafeed market, the fish segment is expanding for a variety of reasons. The need for high-quality and nutritionally balanced aquafeed is being driven by the increasing demand for fish protein on a global scale, the depletion of wild fish supplies, and the growth of aquaculture. To ensure optimum development, health, and sustainability in the sector, fish farming, with its well-established practises and different species, needs specialised feeds.

By additives, the amino acids segment is projected to have the fastest growth rate during the forecast period.

Due to their vital function in fostering the growth, development, and general health of aquatic species, amino acids are witnessing expansion in the aquafeed market. As the building blocks of proteins, amino acids help to improve nutrient absorption, feed effectiveness, and disease resistance. Additionally, customised amino acid formulations suited to match the needs of particular species are now possible because to advances in research and technology, which are fuelling the segment's expansion.

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Asia Pacific is expected to have the fastest growing rate during the forecast period.

The aquafeed market is expanding in the Asia Pacific region because of reasons like a growing population, rising seafood demand, favourable environmental conditions for aquaculture, technical improvements, and government backing. The expansion of the aquaculture sector is being fuelled by economic growth, shifting dietary tastes, and the need for sustainable protein sources, which is causing a commensurate rise in demand for aquafeed products.

The key players in this include ADM (US), Cargill, Incorporated (US), Ridley Corporation Limited (Australia), Nutreco (Netherlands), Alltech (US), Purina Animal Nutrition (US), Adisseo (Belgium), Aller Aqua A/S (Denmark), Biomin (Austria), Biomar (Denmark), Norel Animal Nutrition (Spain), Avanti Feeds Limited (India), De Heus Animal Nutrition B.V. (Netherlands), Novus International (US), and Biostadt India Limited (India).

[growthofcarsharingmarket]

The global aquafeed market is expected to grow at a CAGR of 7.2% during 2023-2028, according to a recent market report. Aquafeed refers to the specialized feed given to aquatic animals, including fish, crustaceans, and mollusks, in aquaculture farms. 2023 Alltech Agri-Food Outlook: Global aquafeed production will grow in 2022.

[manojbh]

Aquafeed Modifiers Market – Industry Trends, Market Worth, size,share

An all-inclusive Aquafeed Modifiers market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Aquafeed Modifiers report.

Global Aquafeed Modifiers market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Moreover, in the market report, the key product categories are also included. The report includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. The comprehensive Aquafeed Modifiers market report also demonstrates supportive data related to the dominant players in the market such as product offerings, revenue, segmentation, and business synopsis.

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Data Bridge Market Research analyses that the aquafeed modifiers market which was growing at a value of 3.15 billion in 2021 and is expected to reach the value of USD 4.41 billion by 2029, at a CAGR of 4.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis.

Market Definition

Aquafeed modifiers 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 a high nutritional content and a variety of growth-promoting properties.

Competitive Landscape and Aquafeed Modifiers Market Share Analysis

The aquafeed modifiers 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, Global 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 aquafeed modifiers market.

Some of the major players operating in the aquafeed modifiers market are:

·         Bayer AG (Germany)

·         Cargill Incorporated (U.S.)

·         BASF SE (Germany)

·         Yara International (Norway)

·         Compass Minerals (U.S.)

·         Syngenta Crop Protection AG (Switzerland)

·         Adama Ltd (Israel)

·         Sumitomo Chemicals Co. Ltd., (Japan)

·         Nufarm Limited (Australia)

·         UPL (India)

·         K+S Group (Germany)

·         Israel Chemical Company (Israel)

·         Nutreco (Netherlands)

·         Adisseo (France)

·         Alltech (U.S.)

·         Novus International (U.S.)

·         Biomin (Austria)

·         Impextraco NV (Belgium)

·         Norel SA (Spain)

·         Global Nutritech (Turkey)

Global AquaFeed Modifiers Market Scope

The aquafeed modifiers market is segmented on the basis of species, form, and flavours. The growth amongst these segments will help you analyse 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.

Species

·         Fish

·         Crustaceans

·         Mollusks

·         Other Species

Form

·         Extruded

·         Pellet

·         Liquid

·         Powder

Flavours

·         Blackcurrant Supreme

·         Crayfish and Thermidor

·         Creamy Vanilla

·         Hexed Cream

·         Indian Bun Spice

·         Maple

·         Tropical Fruit

·         Tutti Fruiti

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Aquafeed Modifiers Market Regional Analysis/Insights

The aquafeed modifiers market is analysed and market size insights and trends are provided by country species, form, and flavours as referenced above.

The countries covered in the aquafeed modifiers market report are U.S., Canada, Mexico in North America, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific region dominated the aquafeed market. This is due to the significant growth of the regional aquaculture sector. This expansion is due to the availability of cheap labour, favourable conditions for aquaculture growth, and the presence of natural resources in the region.

North America is expected to grow significantly over the forecast period.

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[research--blog]

Black Soldier Fly Market Worth $3.96 Billion by 2033 – Exclusive Report by Meticulous Research®

 According to a new market research report titled, “Black Soldier Fly Market by Product (Protein Meals, Whole Dried Larvae, Biofertilizers {Frass}, Larvae Oil, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Others), and Geography– Global Forecast to 2033,” in terms of value, the global black soldier fly market is expected to grow 30.5% CAGR from 2022 to reach $3.96 billion by 2033. In terms of volume, this market is expected to grow 36.9% CAGR from 2022 to reach 8,003.7 thousand tons by 2033.

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Over the last decade, the world has witnessed enormous growth in the aquaculture sector. Nutrition and feeding play a central and essential role in the sustained development of aquaculture. Hence, fertilizers and feed resources continue to dominate aquaculture needs.

In fish farming, nutrition is critical because feed represents 40-50% of the production cost. Fish nutrition has advanced dramatically in recent years by developing new balanced commercial diets that promote optimal fish growth and health. The essential nutrients for fish growth are amino acids, fatty acids, vitamins, minerals, and energy-yielding macronutrients (protein, lipid, and carbohydrate). Further, it is projected that the aquaculture sector will expand to 93 million tons by 2030 (Source: FAO).

BSF larvae contain high amounts of protein (~40%) and have a well-balanced profile of essential amino acids. Therefore, it can be used as an alternative source of protein for fish feed. Owing to these factors, some countries have approved insect-based meals, such as BSFL, for aquafeed applications. Thus, the growing aquaculture industry and government approvals of insects as aquafeed are expected to spur the demand for BSF in the aquaculture industry.

The growth of the global black soldier fly market is increasing mainly due to rising global meat demand. Moreover, an increasing number of health-conscious consumers are demanding environmentally safe and chemical-residue-free meat. Such factors are leading meat producers to adopt insect-derived ingredient feed, such as BSFL protein meals. Furthermore, insects are an inexpensive alternative protein source compared to fish and soy meals for animal feed. Hence, insects contribute high-quality and low-price feed for livestock, poultry, and fish.

Impact of COVID-19 on the Black Soldier Fly Market

The outbreak of COVID-19 significantly impacted public health, all stages of the supply chain, and various industries. Since the COVID-19 virus outbreak in December 2019, the disease spread to almost 100 countries worldwide, with the World Health Organization declaring it a public health emergency. The global impacts of the COVID-19 significantly affected the black soldier fly market in 2020.

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However, in some regions, lockdowns were announced to control the pandemic, impacting the movement of vehicles carrying livestock, feed, and feed ingredients. Due to the risk of animal feed, suppliers slowed their production or closing altogether. Farmers were concerned they may need to slow or stop slaughterhouse operations and keep their animals for longer due to lower demand, requiring them to use more feed than usual. Even delivery trucks were difficult to procure. These factors led to livestock farms building up two-week supplies of feed when normally they might only keep enough for one or two days. For example, Purina Animal Nutrition LLC, which uses black soldier fly as a feed ingredient, has seen a slight increase in its livestock business sales. In addition, Cargill had seen its global feed sales volume grow by 10% or more in March 2020.

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The black soldier fly market is mainly segmented based on product, application, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on product, in terms of value, the protein meal segment is estimated to account for the largest share of the global black soldier fly market in 2022. The large share of this market is mainly attributed to the increasing demand for protein meals from animal feed manufacturers, increased fish meal and soy meal prices, and government support and approval for an insect meal to be used in animal feed. Moreover, in terms of volume, the biofertilizers (frass) segment is expected to command the largest share of the global black soldier fly market in 2022. Growing waste from restaurants, agriculture, and food & drink industries; rising urbanization in developing countries; and growing awareness regarding the use of black soldier fly larvae to convert waste into organic fertilizer are some of the major factors driving the growth of the BSF biofertilizers market.

Based on application, the animal feed segment is estimated to witness rapid growth during the forecast period. The fast growth of this market is mainly attributed to the growing demand for animal-derived products and subsequent increase in the demand for protein-rich animal feed, rising soy meal prices, and government approval for the BSF to be used as a feed ingredient. Also, the growing adoption of insects as an alternative source of protein for animal feed offers immense opportunities for market growth.

Geographically, Europe is estimated to account for the largest share of the global black soldier fly market in 2022. The major share of this market is mainly attributed to the growing aquaculture industry, rising awareness of an alternative protein source for use in animal feed, and increased fish meal prices. This region is expected to grow at the fastest CAGR during the forecast period. Moreover, in terms of volume, this region is also expected to command the largest share of the global black soldier fly market in 2022.

Some of the key players operating in the global black soldier fly market are Protix B.V. (Netherlands), Enterra Feed Corporation (Canada), InnovaFeed (France), EnviroFlight LLC (U.S.), Bioflytech (Spain), Entobel Holding PTE. Ltd. (Singapore), Entofood (Malaysia), Sfly (France), Hexafly (Ireland), F4F (Chile), Nutrition Technologies Group (Malaysia), nextProtein (France), and Protenga Pte Ltd (Singapore), among others.

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Scope of the Report:

Black Soldier Fly Market, by Product

Protein Meals

Biofertilizers (Frass)

Whole Dried Larvae

Larvae Oil

Others (Live, Larvae, Adult, Cocoon, & Pupa)

Black Soldier Fly Market, by Application

Animal Feed

Agriculture

Pet Food

Others

Black Soldier Fly Market, by Geography

North America

U.S.

Canada

Europe

Netherlands

France

U.K.

Germany

Finland

Denmark

Belgium

Rest of Europe (RoE)

Asia-Pacific (APAC)

China

South Korea

Japan

Malaysia

Vietnam

Thailand

Rest of Asia-Pacific (RoAPAC)

Latin America

Middle East & Africa

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