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Sustainable Feed & Nutrition for Aquaculture Market worth $ 13.1 Billion by 2030 - Exclusive Report by InsightAce Analytic
Balanced feed and nutrition plays a crucial role in maintaining the proper growth and health of aquatic organisms. The diet is a primary method of delivering immuno-stimulants, medications, and functional ingredients for fish. Sustainable aquaculture can improve food security and nutrition by minimizing potential environmental impacts. The development of the global sustainable feed & nutrition for the aquaculture market can be attributed to various factors, such as the rising demands for fish products, growing health-conscious consumers, surging human population. The global market growth can also be contributed to increasing awareness regarding the health benefits of sustainable, algae-based ingredients in animal feed, adoption of advanced technologies, and growing environmental impacts such as the carbon footprint of animal products. Increasing demand for good quality aquaculture feed accelerated the need for sustainable aquaculture solutions, likely to fuel the development of sustainable feed & nutrition for the aquaculture market in the upcoming years.
However, serving sustainable feed ingredients that meet the nutritional requirements of several fish species is a big challenge to the market. In addition, the lack of regulations and standards associated with feed sustainability is estimated to inhibit market adoption during the forecast period.
Regionally, Europe will dominate the market in 2021. Europe is projected to witness significant growth over the estimated timeframe, followed by the Asia Pacific due to the rising demand for animal proteins & animal feed and increasing awareness among aqua farmers about the sustainable feed.
HEXAFLY ( Ireland ), Enterra Feed ( Canada ), Enviroflight (US), Agriprotein ( South Africa ), Innovafeed ( France ), Ynsect ( France ), Beta Hatch (US), nextProtein ( France ), Protix ( Netherlands ), Bioflytech ( Spain ), Entofood ( Malaysia ), Nutrition Technologies Group ( Singapore ), F4F ( Australia ), Insect Feed Technologies ( Singapore ), AlgaEnergy ( Spain ), Algatech LTD (US), SabrTech ( Canada ), NASEKOMO ( Bulgaria ), Entobel ( Singapore ), Cargill (US), Cellana (US), DSM ( Netherlands ), Algatechnologies ( Israel ), Corbion ( Netherlands ), Algae ( Norway ), AlgaPrime, Alltech, AlgaEnergy, Algatech LTD, Pond Technologies ( Canada ), SabrTech, Feed Algae (UK) among others.
Global Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Global Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Global Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
North America Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Europe Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Asia Pacific Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Latin America Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
Middle East & Africa Sustainable Feed & Nutrition for Aquaculture Market, by , 2019-2030 (Value US$ Bn)
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