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SOURCE Research and Markets
DUBLIN, June 26, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/745m8n/aqua_feed_market) has announced the addition of the "2014 Report on the International Aqua Feed Market - Forecasts to 2019" report to their offering.
Food for fishes, which has been manufactured commercially through various industrial processes, is generally termed as aqua feed. Aqua feed is commonly available in the form of pellets which contain vital ingredients for fish administered externally. These pellets vary in size depending on the species to be fed. Additionally, properties of these feeds can be altered so that they can float on the surface of the water or sink to the bottom of the tanks where fish are reared. Furthermore, the content of various nutrients in the feed can be controlled which has led to the growth and increase in popularity for the aqua feed industry over the past few years. They are made for aquatic species such as fish, crustaceans and mollusks.
Fish cultivated on farms which feed on pests found on crops are also classified under the aqua feed market segment. Growth of the aquaculture market due to high demand for fish in food and non-food applications is one of the key factors expected to drive the demand for aqua feed during the forecast period. Furthermore, growing human consumption of fish is likely to boost the demand for aquaculture, thereby driving the demand for aqua feed. However, price volatility of raw materials such as fish oil and fish meal is anticipated to hamper the growth of the market. Rise in demand for conventional and functional aqua feed in China and Rest of Asia is expected to provide new opportunities for the growth of the market within the forecast period.
Demand for aqua feeds was the highest in carps accounting for over 25% of the market share in 2012. Carps are expected to be one of the fastest growing species owing to their compatibility in less than ideal environmental conditions. Mollusks were the second largest end-users in the aqua feed industry and are expected to experience above-average growth during the forecast period owing to a rise in consumer awareness about its health benefits. Rising consumer demand for carps and crustaceans, on account of key factors such as changing food habits, changing lifestyles and rise in disposable income. Carps and crustaceans are expected to witness the highest growth within the aqua feed market over the next few years.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Aqua Feed - Industry Analysis
Chapter 4 Aqua Feed Market - End-use Analysis
Chapter 5 Aqua Feed Market - Regional Analysis
Chapter 6 Company Profiles
For more information visit http://www.researchandmarkets.com/research/745m8n/aqua_feed_market
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