Cibi e Bevande
Aqua Feed Market Growth Expected to Grow at a CAGR of 4.1% | Top Key Players are - Alpha Feed, BioMar, Grobest, Ridley, Aller Aqua
Seafood is the preferred meat type in the Asia-Pacific countries such as China , Indonesia , and the Philippines . The expanding middle-class population in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term. A variety of fish, prawns, lobsters, and crabs are abundantly available in these countries and form an integral part of the diet as they are an important source of high-quality protein and contain many vitamins and minerals. Fish contain omega-3 fatty acids, which are heart-friendly and helps in brain development and reproduction. They are a primary food source in many countries. Aquaculture has the potential of producing large quantities for a relatively lower cost as compared to ruminants, fowl, or swine. With limited availability of marine feed resources and rising global demand for fish, aquaculture, particularly fish farming is expected to increase, driving the market for aqua feed. Food safety concerns are also promoting fish farming as they offer a higher level of food security. The restraining factors include high levels of mercury and other accumulated toxins found in seafood.
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