Europe Aquafeed Market Size, Share & Industry Trends Analysis Report By Form (Dry, Moist and Wet), By Application, By Feed (Grower Feed, Finisher Feed, Starter Feed and Brooder Feed), By Additives, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Aquafeed Market would witness market growth of 3.9% CAGR during the forecast period (2022-2028).
Farm-made single-component meals like rice bran or refined oil cake are examples of feeds, as are commercial feeds. Another sort of farm-made feed that can be affordably created for a small-scale culture project is kitchen garbage. Farm-made or on-farm feeds are prepared from one or more synthetic and/or natural ingredients and are produced only for use in agricultural operations and not for any other kind of profit-making. Farm-made feeds are generally recognized as mixtures of components that have undergone some type of processing done on-farm or in small processing plants. They are frequently employed in small-scale semi-intensive aquaculture methods.
Commercial feeds are designed and created using a homogeneous mixture of multiple ingredients, in different proportions, to ensure specific quality objectives in terms of size and texture, stability, and nutritional composition at a very affordable price. Intensive and semi-intensive practices typically use commercial full feeds.
As long as this paradigm promotes "business as usual," the claims of sustainability made by the marine aquarium sector cannot be supported. However, the EU already has a mechanism to gather such information and shed light on an opaque sector (TRACES) – Trade Control and Expert System. By using this platform to monitor maritime fishes, the EU will be able to find out for the first time how many ornamental fish are imported and where they come from.
Aquatic genetic resources (AqGR) should be managed wisely to protect genetically distinct populations from the negative impacts of stocking and resettlement procedures as well as non-native strain runaways from aquaculture. In this context, the AqGR assessment is crucial. For instance, the Federal Ministry of Food and Agriculture of Germany is currently working on a project for the molecular genetic recording of genetic management units of tench, barbel, burbot, grayling, brown trout, lake trout, and brown trout.
The information gathered for this project would be used to develop useful suggestions for the management of these species' stocks while keeping in mind the genetic variety of the total population. The growing import and export of the fishes in this region upsurge the growth of the aquafeed for the fishes.
The Germany market dominated the Europe Aquafeed Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,139 Thousands by 2028. The UK market is estimated to grow at a CAGR of 3.1% during (2022 - 2028). Additionally, The France market would witness a CAGR of 4.7% during (2022 - 2028).
Based on Form, the market is segmented into Dry, Moist and Wet. Based on Application, the market is segmented into Carp, Catfish, Salmon & Sea Bass, Rainbow Trout, Grouper, Crustaceans, Tilapia and Others. Based on Feed, the market is segmented into Grower Feed, Finisher Feed, Starter Feed and Brooder Feed. Based on Additives, the market is segmented into Amino Acids, Anti-parasitic, Enzymes, Probiotics & Prebiotics, Vitamins, Minerals & Feed Acidifiers, Antibiotics & Antioxidants and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Aquafeed Market is Predict to reach $84.8 Million by 2028, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nutreco N.V., Koninklijke DSM N.V. (Biomin GmbH), Charoen Pokphand Foods Public Company Limited, BENEO GmbH (Südzucker AG), Avanti feeds Limited, Cargill Corporation, Aller Aqua A/S, Alltech, Inc., and BioMar A/S (Schouw & Co.)
Scope of the Study
Market Segments Covered in the Report:
- Salmon & Sea Bass
- Rainbow Trout
- Grower Feed
- Finisher Feed
- Starter Feed
- Brooder Feed
- Amino Acids
- Enzymes, Probiotics & Prebiotics
- Vitamins, Minerals & Feed Acidifiers
- Antibiotics & Antioxidants
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Nutreco N.V.
- Koninklijke DSM N.V. (Biomin GmbH)
- Charoen Pokphand Foods Public Company Limited
- BENEO GmbH (Südzucker AG)
- Avanti feeds Limited
- Cargill Corporation
- Aller Aqua A/S
- Alltech, Inc.
- BioMar A/S (Schouw & Co.)
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