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Aquafeed & Aquaculture Additive Market Analysis And Segment Forecasts To 2020

Published: Apr, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Food | Report Format: Electronic (PDF)

Aquafeed Market By Application (Carp, Mollusks, Salmon, Crustaceans, Tilapia, Catfish) & Aquaculture Additive Market by Product (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers) Is Expected To Reach USD 165.04 Billion & USD 1.21 Billion By 2022
June 2015
Global aquafeed market is expected to reach USD 165.04 billion by 2022. Global aquaculture (aquafeed) additive market is expected to reach USD 1.21 billion by 2022. Aquafeed market is primarily driven by growth of the global aquaculture industry. In addition, growing demand for fish in direct human consumption (DHC) is anticipated to drive demand for fed fish species, which in turn is expected to augment aquafeed market growth over the forecast period. Initiatives taken by numerous regulatory agencies on promoting aquaculture activities is expected to open new opportunities for market growth over the next seven years.

Carps were the largest consumers of aquafeed accounting for over 25% of the global volume share in 2014. Carps are being extensively reared over the past few years owing to their adaptability to changing climates. In addition, carps are a viable source of protein containing high omega-3 and low fat. Carps are anticipated to be the fastest growing application segment for aquafeed owing to their growing demand in direct human consumption.

Further key findings from the study suggest:

Composition of raw materials in aquafeed varies in accordance with the targeted fish species. Fish meal content in aquafeed for shrimp diets consisted of 35% of the overall feed quantity in 1995, whereas, aquafeed contained over 50% of the overall feed quantity for salmons. Additives are anticipated to account for close to 2% of the overall feed composition by 2022.
Amino acids demand was highest within the global aquaculture additives market in 2014 accounting for over 25% of the overall revenue. Increasing importance of amino acids to improve efficiency of protein utilization in animal feeding is expected to favor market growth in the near future.
Asia Pacific was the largest aquafeed market exceeding 65% of global volume in 2014. Expansion of aquaculture industry in China and India owing to factors such as ease of raw material availability, favorable climatic conditions for aquaculture and cheap labor is expected to augment aquafeed market growth in the region. Robust fish production base in Chile and Peru is expected to have a positive impact on Latin America aquafeed market over the forecast period.
Key participants present in the global aquafeed and aquaculture additives market include Alltech Inc, Biomar A/S, Cargill Inc., Aller Aqua A/S, Cermaq ASA, Archer Daniel Midland (ADM), BASF SE, Biomin Holding GmbH, Skretting, EWOS, De Heus and Nutriad International. EWOS is an aquafeed manufacturing company integrated across the entire value chain. The company has its own feed ship, "RUBIN", and is engaged in aquaculture activities. Skretting has an annual production capacity of 1.8 million tons of aquaculture feeds catering to over 60 varieties of fish and shrimp. In August 2013, Skretting Group announced entered into a joint venture with Gisis Ecuador and Regal Springs to set up an aquafeed manufacturing facility in Honduras. Biomar provides fish feed for fish farms, sea farms and recirculation plants. In April 2015, Biomar entered into a joint venture with Tongwei Co., Ltd. to construct a joint aquafeed factory in China with an annual capacity of about 10,000 metric tons.
For the purpose of this study, Grand View Research has segmented the global aquafeed and aquaculture additives market on the basis of product, application and region:

Aquafeed/ Aquaculture Additives Product Outlook (Revenue, USD Million, 2012 - 2022)

Amino acids
Antibiotics
Vitamins
Feed acidifiers
Others
Aquafeed Application Outlook (Volume, Kilo Tons and Revenue, USD Million, 2012 - 2022)

Carp
Mollusks
Salmon
Crustaceans
Tilapia
Catfish
Others
Aquafeed Regional Outlook (Volume, Kilo Tons and Revenue, USD Million, 2012 - 2022)

North America
Europe
Asia Pacific
RoW
 Table of Contents
Chapter 1 Executive Summary 1.1 Aquafeed - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Aquafeed Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Aquafeed Value Chain Analysis 2.4 Aquafeed Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Increased Direct Human Consumption (DHC) of fish and fish products 2.4.1.2 Growing aquaculture market 2.4.2 Market restraint analysis 2.4.2.1 Volatile raw material prices 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Aquafeed - PESTEL Analysis Chapter 3 Aquafeed Additive Product Outlook 3.1 Amino acids 3.1.1 Global demand for amino acid as an aquafeed additive, 2012 - 2020 (Tons) (USD Million) 3.2 Antibiotics 3.2.1 Global demand for antibiotics as an aquafeed additive, 2012 - 2020 (Tons) (USD Million) 3.3 Vitamins 3.3.1 Global demand for vitamins as an aquafeed additive, 2012 - 2020 (Tons) (USD Million) 3.4 Feed Acidifiers 3.4.1 Global demand for feed acidifiers as an aquafeed additive, 2012 - 2020 (Tons) (USD Million) 3.5 Others 3.5.1 Global demand for other additives as aquafeed additive, 2012 - 2020 (Tons) (USD Million) Chapter 4 Aquafeed Application Outlook 4.1 Carp 4.1.1 Global aquafeed demand for carp, 2012 - 2020 (Tons) (USD Million) 4.2 Mollusks 4.2.1 Global aquafeed demand for mollusks, 2012 - 2020 (Tons) (USD Million) 4.3 Salmon 4.3.1 Global aquafeed demand for salmon, 2012 - 2020 (Tons) (USD Million) 4.4 Crustaceans 4.4.1 Global aquafeed demand for crustaceans, 2012 - 2020 (Tons) (USD Million) 4.5 Tilapia 4.5.1 Global aquafeed demand for tilapia, 2012 - 2020 (Tons) (USD Million) 4.6 Catfish 4.6.1 Global aquafeed demand for catfish, 2012 - 2020 (Tons) (USD Million) 4.7 Others 4.7.1 Global aquafeed demand for other species, 2012 - 2020 (Tons) (USD Million) Chapter 5 Aquafeed Regional Outlook 5.1 North America 5.1.1 Aquafeed market volume and revenue, 2012 - 2020, (Tons) (USD Million) 5.1.2 Aquafeed market volume and revenue, by application, 2012 - 2020(Tons) (USD Million) 5.2 Europe 5.2.1 Aquafeed market volume and revenue, 2012 - 2020, (Tons) (USD Million) 5.2.2 Aquafeed market volume and revenue, by application, 2012 - 2020, (Tons) (USD Million) 5.3 Asia Pacific 5.3.1 Aquafeed market volume and revenue, 2012 - 2020, (Tons) (USD Million) 5.3.2 Aquafeed market volume and revenue, by application, 2012 - 2020, (Tons) (USD Million) 5.4 RoW 5.4.1 Aquafeed market volume and revenue, 2012 - 2020, (Tons) (USD Million) 5.4.2 Aquafeed market volume and revenue, by application, 2012 - 2020, (Tons) (USD Million) Chapter 6 Aquafeed Competitive Landscape 6.1 Alltech Inc 6.1.1 Company Overview 6.1.2 Financial Performance 6.1.3 Product Benchmarking 6.1.4 Strategic Initiatives 6.2 Biomar A/S 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Cargill Inc 6.3.1 Company Overview 6.3.2 Financial Performance 6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives 6.4 Ridley Corporation 6.4.1 Company Overview 6.4.2 Financial Performance 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives 6.5 Norel Animal Nutrition 6.5.1 Company Overview 6.5.2 Financial Performance 6.5.3 Product Benchmarking 6.5.4 Strategic Initiatives 6.6 Aller Aqua A/S 6.6.1 Company Overview 6.6.2 Financial Performance 6.6.3 Product Benchmarking 6.6.4 Strategic Initiatives 6.7 Beneo GmbH 6.7.1 Company Overview 6.7.2 Financial Performance 6.7.3 Product Benchmarking 6.7.4 StrategicInitiatives 6.8 Cermaq ASA 6.8.1 Company Overview 6.8.2 Financial Performance 6.8.3 Product Benchmarking 6.8.4 Strategic Initiatives 6.9 Dibaq Aquaculture 6.9.1 Company Overview 6.9.2 Financial Performance 6.9.3 Product Benchmarking 6.9.4 Strategic Initiatives 6.10 Addcon Group GmbH 6.10.1 Company Overview 6.10.2 Financial Performance 6.10.3 Product Benchmarking 6.10.4 Strategic Initiatives 6.11 Adisseo France S.A.S. 6.11.1 Company Overview 6.11.2 Financial Performance 6.11.3 Product Benchmarking 6.11.4 Strategic Initiatives 6.12 Archer Danierl Midland (ADM) 6.12.1 Company Overview 6.12.2 Financial Performance 6.12.3 Product Benchmarking 6.12.4 Strategic Initiatives 6.13 BASF 6.13.1 Company Overview 6.13.2 Financial Performance 6.13.3 Product Benchmarking 6.13.4 Strategic Initiatives 6.14 Biomin Holding GmbH 6.14.1 Company Overview 6.14.2 Financial Performance 6.14.3 Product Benchmarking 6.14.4 Strategic Initiatives 6.15 Chr. Hansen 6.15.1 Company Overview 6.15.2 Financial Performance 6.15.3 Product Benchmarking 6.15.4 Strategic Initiatives 6.16 Danisco 6.16.1 Company Overview 6.16.2 Financial Performance 6.16.3 Product Benchmarking 6.16.4 Strategic Initiatives 6.17 DSM 6.17.1 Company Overview 6.17.2 Financial Performance 6.17.3 Product Benchmarking 6.17.4 Strategic Initiatives 6.18 Elanco Animal Health 6.18.1 Company Overview 6.18.2 Financial Performance 6.18.3 Product Benchmarking 6.18.4 Strategic Initiatives 6.19 Evonik Industries 6.19.1 Company Overview 6.19.2 Financial Performance 6.19.3 Product Benchmarking 6.19.4 Strategic Initiatives 6.20 Invivo NSA 6.20.1 Company Overview 6.20.2 Financial Performance 6.20.3 Product Benchmarking 6.20.4 Strategic Initiatives 6.21 Kemin Industries 6.21.1 Company Overview 6.21.2 Financial Performance 6.21.3 Product Benchmarking 6.21.4 Strategic Initiatives 6.22 Novozymes 6.22.1 Company Overview 6.22.2 Financial Performance 6.22.3 Product Benchmarking 6.22.4 Strategic Inititiatives 6.23 Nutreco N.V 6.23.1 Company Overview 6.23.2 Financial Performance 6.23.3 Product Benchmarking 6.23.4 Strategic Inititiatives 6.24 Novus International Inc 6.24.1 Company Overview 6.24.2 Financial Performance 6.24.3 Product Benchmarking 6.24.4 Strategic Inititiatives Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources List of Tables Global Aquafeed market volume and revenue, 2012 - 2020 Global Aquafeed market volume by region, (Tons), 2012 - 2020 Global Aquafeed market revenue by region, (USD Million), 2012 - 2020 Global Aquafeed market volume by application, (Tons), 2012 - 2020 Global Aquafeed market revenue by application, (USD Million), 2012 - 2020 Global Aquafeed demand volume for carp, 2012 - 2020 (Tons) Global Aquafeed demand revenue for carp, 2012 - 2020 (USD Million) Global Aquafeed demand volume for mollusks, 2012 - 2020 (Tons) Global Aquafeed demand revenue for mollusks, 2012 - 2020 (USD Million) Global Aquafeed demand volume for crustaceans, 2012 - 2020 (Tons) Global Aquafeed demand revenue for crustaceans, 2012 - 2020 (USD Million) Global Aquafeed demand volume for salmon, 2012 - 2020 (Tons) Global Aquafeed demand revenue for salmon, 2012 - 2020 (USD Million) Global Aquafeed demand volume for tilapia, 2012 - 2020 (Tons) Global Aquafeed demand revenue for tilapia, 2012 - 2020 (USD Million) Global Aquafeed demand volume for catfish, 2012 - 2020 (Tons) Global Aquafeed demand revenue for catfish, 2012 - 2020 (USD Million) Global Aquafeed demand volume for other species, 2012 - 2020 (Tons) Global Aquafeed demand revenue for other species, 2012 - 2020 (USD Million) North America Aquafeed market volume by application, (Tons), 2012 - 2020 North America Aquafeed market revenue by application, (USD Million), 2012 - 2020 Europe Aquafeed market volume by application, (Tons), 2012 - 2020 Europe Aquafeed market revenue by application, (USD Million), 2012 - 2020 Asia Pacific Aquafeed market volume by application, (Tons), 2012 - 2020 Asia Pacific Aquafeed market revenue by application, (USD Million), 2012 - 2020 RoW Aquafeed market volume by application, (Tons), 2012 - 2020 RoW Aquafeed market revenue by application, (USD Million), 2012 - 2020 List of Figures Aquafeed industry summary & critical success factors (CSFs) Aquafeed market segmentation Global Aquafeed market (volume & revenue), 2012 - 2020 Global Aquafeed volumes growth by region, (Tons), 2012 - 2020 Global Aquafeed volumes growth by application, (Tons), 2012 - 2020 Aquafeed market dynamics Key opportunities prioritized Industry analysis - Porter's Aquafeed PESTEL analysis, 2013 Aquafeed additive market volume share by product, 2013 & 2020 Global aquafeed additive market revenue, 2012 - 2020 Aquafeed market volume share by application, 2013 & 2020 Global aquafeed demand in carps, volume and revenue, 2012 - 2020 Global aquafeed demand in mollusks, volume and revenue, 2012 - 2020 Global aquafeed demand in crustaceans, volume and revenue, 2012 - 2020 Global aquafeed demand in salmons, volume and revenue, 2012 - 2020 Global aquafeed demand in tilapia, volume and revenue, 2012 - 2020 Global aquafeed demand in catfish, volume and revenue, 2012 - 2020 Global aquafeed demand in other species, volume and revenue, 2012 - 2020 Aquafeed market volume share by region, 2013 & 2020 North America Aquafeed volume by application, (Tons), 2012 - 2020 North America Aquafeed revenue by application, (USD Million), 2012 - 2020 Europe Aquafeed volume by application, (Tons), 2012 - 2020 Europe Aquafeed revenue by application, (USD Million), 2012 - 2020 Asia Pacific Aquafeed volume by application, (Tons), 2012 - 2020 Asia Pacific Aquafeed revenue by application, (USD Million), 2012 - 2020 RoW Aquafeed volume by application, (Tons), 2012 - 2020 RoW Aquafeed revenue by application, (USD Million), 2012 - 2020

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