Lucintel Forecasts the Global Warm Water Aquaculture Feed Market to Reach $48.6 billion by 2030
Lucintel Forecasts the Global Warm Water Aquaculture Feed Market to Reach $48.6 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global warm water aquaculture feed market looks promising with opportunities in the Chinese fed carp, tilapia, catfish, milkfish, shrimp and crustacean markets. The global warm water aquaculture feed market is expected to reach an estimated $48.6 billion by 2030 from $39.8 billion in 2023,at a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are rise in population along with technical developments in processing, expansion of aquaculture and rise in fish consumption per person, as well as, increase in personal disposable income.
A more than 150-page report to understand trends, opportunity and forecast in warm water aquaculture feed market to 2030 by species (Chinese fed carp, tilapia, catfish, milkfish, and shrimps), nature (organic and conventional), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that organic is expected to witness the higher growth over the forecast period due to rise in demand of organic fish,
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APAC is expected to witness highest growth over the forecast period due to increasing growth in marine aquaculture and uptake of integrated freshwater farming in the region.
Aller Aqua, Alltech, Beneo, Cargill, Charoen Pokphand Foods, Nutreco, Avanti Feeds, Biomin Holding, Biomar, Nutriadare the major suppliers in the warm water aquaculture feed market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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