Latin America Aquafeed Market Growth, Trends, and Forecasts (2016–2021)
Latin America Aquafeed Market by End Use, by Additives (Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
(EMAILWIRE.COM, April 05, 2018 ) The Latin America Aquafeed Market was worth $8.61 billion in 2016 and estimated to be growing at a CAGR of 7.20%, to reach $12.18 billion by 2021. Aqua feed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture.
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Aqua feed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. Fish production in the world is mainly from both Aquaculture and Capture. The end consumers of Aqua feed are fish, molluscs, crustaceans etc. Tilapia is the most farmed fish, raised in 135 countries whereas Shrimp is the largest aquaculture commodity.
The growth of the Latin America Aquafeed market is majorly driven by factors such as the growth in fish consumption, increase in mass production of fish, and limited availability of marine feed resources. Volatile economies and rising costs of raw materials are the main factors hindering the growth of the market.
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The Latin America Aquafeed market is segmented based on End Use and Additives. On the basis of End Use, the global Aquafeed market is segmented into Fish, Mollusks, and Crustaceans. Fish is further sub segmented into Carp, Salmon, Tilapia, Catfish, and others. Mollusks is further sub segmented into Shrimp, Crab, and others. Crustaceans is further sub segmented into Oyster, Mussel, and others. On the basis of Additives, the global Aquafeed market is segmented into Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. It is one of the fastest growing Aquafeed markets in the world. There are essentially four major players in this region. Chile, the largest aquafeed producer in the region, has built a highly advanced salmon industry. It is followed by Brazil, then Ecuador, which is a leading shrimp exporter. Mexico ranks fourth, with shrimp and tilapia, and to a lesser extent, trout and marine species.
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Aquafeed Market Segmentation:
By End User
• Fish
i. Carp
ii. Salmon
iii. Tilapia
iv. Catfish
v. Others
• Mollusca
i. Oyster
ii. Mussel
iii. Others
• Crustaceans
i. Shrimp
ii. Crab
iii. Others
By Additives
• Vitamins
• Minerals
• Antioxidants
• Amino Acids
• Enzymes
• Acidifiers
• Binders
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Browse Full Report with TOC @ https://marketdataforecast.com/market-reports/latin-america-aquafeed-market-663/
Aqua feed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. Fish production in the world is mainly from both Aquaculture and Capture. The end consumers of Aqua feed are fish, molluscs, crustaceans etc. Tilapia is the most farmed fish, raised in 135 countries whereas Shrimp is the largest aquaculture commodity.
The growth of the Latin America Aquafeed market is majorly driven by factors such as the growth in fish consumption, increase in mass production of fish, and limited availability of marine feed resources. Volatile economies and rising costs of raw materials are the main factors hindering the growth of the market.
Get Free Sample Copy of Report @ https://marketdataforecast.com/market-reports/latin-america-aquafeed-market-663/request-sample
The Latin America Aquafeed market is segmented based on End Use and Additives. On the basis of End Use, the global Aquafeed market is segmented into Fish, Mollusks, and Crustaceans. Fish is further sub segmented into Carp, Salmon, Tilapia, Catfish, and others. Mollusks is further sub segmented into Shrimp, Crab, and others. Crustaceans is further sub segmented into Oyster, Mussel, and others. On the basis of Additives, the global Aquafeed market is segmented into Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. It is one of the fastest growing Aquafeed markets in the world. There are essentially four major players in this region. Chile, the largest aquafeed producer in the region, has built a highly advanced salmon industry. It is followed by Brazil, then Ecuador, which is a leading shrimp exporter. Mexico ranks fourth, with shrimp and tilapia, and to a lesser extent, trout and marine species.
Browse Customize before buying @ https://marketdataforecast.com/market-reports/latin-america-aquafeed-market-663/customize-report
Aquafeed Market Segmentation:
By End User
• Fish
i. Carp
ii. Salmon
iii. Tilapia
iv. Catfish
v. Others
• Mollusca
i. Oyster
ii. Mussel
iii. Others
• Crustaceans
i. Shrimp
ii. Crab
iii. Others
By Additives
• Vitamins
• Minerals
• Antioxidants
• Amino Acids
• Enzymes
• Acidifiers
• Binders
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results