The Global Fish Meal For Aquaculture Market is expected to grow at a compound annual growth rate of 7.10% in the forecast period of 2021 to 2028 and is likely to reach a value of USD 59.3 billion by 2028. The rise in the integration of fishmeal in swine and poultry diets is a significant factor driving the market growth rate.
Likewise, the sustainable strengthening of aquaculture and the increase in the aquaculture industry and rise in the use of fish meal as a fertilizer will produce lucrative opportunities for the growth of the fish meal for aquaculture market.
According to Data Bridge Market Research the market for fish meal for aquaculture is expected to gain growth because of the better production and environmental performance of aquaculture. Also the high demand for naturally sourced protein additive in animal feed and rise in the awareness regarding the advantages of fish meal are also expected to fuel the demand of the fish meal for aquaculture market over the forecast period of 2021 to 2028. Whereas, the high prices and microbial contamination in aquafeed are expected to hinder the growth of the fish meal for aquaculture market in the aforementioned forecast period.
Now the question is which are the other regions that fish meal for aquaculture market is targeting? Data Bridge Market Research has estimated large growth in North America due to the high demand for protein additives in feed and rapid shift in the preferences from red meat to other sources of meat.
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Fish meal for aquaculture market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, 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, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of fish meal for aquaculture companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-fish-meal-for-aquaculture-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Fish Meal for Aquaculture Market – Industry Trends and Forecast to 2028