South America Aquafeed Market

LONDON, July 31, 2017 /PRNewswire/ — The South American aqua feed market estimated at USD XX billion in 2016 is projected to reach USD XX billion by 2021, 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.

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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 South American 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 South American aqua feed market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors…

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