Europe Aqua Feed Market
The European aqua feed market estimated at USD XX billion in 2017 is projected to reach USD XX billion by 2022, at a CAGR of XX% over the forecast period. Produced in the form of granules or pellets, they provide nutrition in a stable and concentrated form, enabling aquatic species to feed efficiently and grow to their full potential.
Market Dynamics
Aquatic animals 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.
Key Industry Players
The key players in the European market include:
- Biomar A/S
- Coppens International Bv
- Aller Aqua A/S
- Beneo Animal Nutrition
- Ewos Group
- Geelen Counterflow
- Norel Animal Nutrition
- Ridley Corporation
- Nutriad International NV
- Hanpel Tech Co. Ltd.
To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
Key Deliverables in the Study
- Market analysis for the European aqua feed market, with region specific assessments and competition analysis.
- Market definition along with the identification of key drivers and restraints.
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
- Extensively researched competitive landscape section with profiles of major companies along with their market shares.
- Identification and analysis of the macro and micro factors that affect the European aqua feed market.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
- Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
- Insights into the major countries/regions in which this industry is growing and identification of the regions which are still untapped.
