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Aquafeed Market is expected to reach $84.2 Billion by 2027- An exclusive market research report by Lucintel

Trends and Forecast for the Global Aquafeed MarketTrends, opportunities, and forecast in aquafeed market to 2027 by product form (pellete, extruded, powdered, and liquid form), ingredient (soybean meal, fish meal, fish oil, corn meal, vegetable oil, source of carbohydrates and binders, additives (vitamins, antibiotics, antioxidants, amino acids, feed enzymes, feed acidifiers, and others), and others), species (fish, crustaceans, and mollusks), and region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel's latest market report analyzed that aquafeed provides attractive opportunities in the aquaculture industry. The aquafeed market is expected to reach $84.2 billion by 2027 with a CAGR of 5.3%. In this market, pellet form is the largest segment by product form, whereas soybean meal is largest by ingredient. Increasing use of soy protein, growing adoption of nutritious-system feeding concept, and introduction of advanced process technologies for micro feed production provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/aquafeed-market.aspx Based on product form, the aquafeed market is segmented into pellete, extruded, powdered, and liquid form. The pellet form segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to pelleted feed has lower manufacturing cost than extrusion technology.

Browse in-depth TOC on “Aquafeed Market”

126 – Tables

129 – Figures

242 – Pages

The Aquafeed Market is marked by the presence of several big and small players. Some of the prominent players offering aquafeed include Cargill, Inc., Archer Daniels Midland Company, Alltech Inc., Nutreco N.V., BioMar Group, Charoen Pokphand Foods Public Company Limited, Ridley Corporation, Purina Animal Nutrition, Avanti Feeds, and Aller Aqua A/S.

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https://www.lucintel.com/aquafeed-market.aspx

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 click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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