Market Size of China Aqua Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.80 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Aqua Feed Market Analysis
The China aqua feed market is estimated to register a CAGR of 3.8% during the forecast period (2020 - 2025). Aquaculture is one of the fastest growing segment in the Chinese feed industry. In the year 2018, due to the annual coastal fishing ban in China, there has been an expansion in aquaculture and mariculture, leading to growth in aqua feed demand. Despite an increase in the global production of aquaculture feed, China reported a decline of around 5% in the production of aquaculture feed in the year 2017 and 2016, primarily due to government regulations on food safety and feeding practices.
