Aquaculture Global Market Report 2023 – By Fish Type (Carps, Mollusks, Crustaceans, Mackerel, Sea Bream, Other Fish Types), By Environment (Marine Water, Fresh Water, Brackish Water), By Rearing Product Type (Equipment, Chemicals, Pharmaceuticals, Fertilizers), By Species (Aquatic Animals, Aquatic Plants), By Distribution Channel (Traditional Retail, Supermarkets and Hypermarkets, Specialized Retailers, Online Stores, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2023-2032

Animal food refers to food for domestic animals, especially livestock, in the course of animal husbandry. These are intended for use as a substantial source of nutrients in the diet of the animal. The main types of animal food are poultry feed, cattle feed, aquaculture feed, and other animal food. Poultry feed is food used to feed chickens, ducks, geese, and other domestic birds or farm poultry. The various ingredients used in animal food are cereals, oilseed meal, supplements, and other ingredients. These products are made available through supermarkets, hypermarkets, convenience stores, e-commerce, and other distribution channels. The global animal food market is segmented - 1) By Type: Poultry Feed, Cattle Feed, Aquaculture Feed, Other Animal Food 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Ingredients: Cereal, Oilseed Meal, Supplements, Other Ingredients Subsegments Covered: Cereal, Oilseed Meal, Molasses, Fish Oil And Fish Meal, Supplements, Other Ingredients Prawn Feed, Fish Feed, Other Aqua Feed The global animal food market size grew from $299.68 billion in 2022 to $326.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global animal food market is expected to grow to $439.39 billion in 2027 at a CAGR of 7.7%. The animal and pet food market's growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), the global GDP reached 3.3% in 2020 and 3.4% in 2021, according to the IMF. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the market include Cargill Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc., ForFarmers NV, Japfa Ltd., and Tate & Lyle. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the animal food manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the animal food manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Growing awareness among cattle farmers and pet owners about the advantages of probiotics for animal health is leading to the increased use of probiotics in animal feed for farm animals like cattle, horses, ruminants, and poultry. The increasing advancements in molecular biology and gene sequencing are allowing researchers to dig deep to find new probiotic applications for animals, in feed, and consumer packaged health products. The significant rise in the adoption of probiotics in animal feed for farm animals has shown beneficial results in terms of animal performance, digestion, and the immune system. For instance, the a US-based company, Bactana Animal Health, has completed its first round of funding for developing a novel bacterial stain of Faecalibacterium prausnitzii for commercial livestock usage. Asia-Pacific was the largest region in the animal food market share in 2022. Western Europe was the second-largest region in the animal food market. The regions covered in the global animal food market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the animal food market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The animal food market consists of sales of fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food, and other animal food. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The animal food research report is one of a series of new reports from The Business Research Company that provides animal food statistics, including global market size, regional shares, competitors with animal food share, detailed animal food segments, market trends and opportunities, and any further data you may need to thrive in the animal food industry. This animal food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Veterinary patient monitoring equipment refers to a type of devices and instruments that continuously track and record changes in patient wellbeing, monitor animals' respiration, blood pressure, and other vital signs, and provide warning systems. These systems are used to continuously monitor the animals to detect diseases at early stages to prevent any risks. The main types of veterinary patient monitoring equipment are cardiac monitoring devices, respiratory monitoring devices, remote patient monitoring devices, multi-parameter monitoring devices, neuromonitoring devices, and other products. The cardiac monitoring devices refer to the devices that deal with animal cardiac diseases. These are used for animals such as small companion animals, large companion animals, wild animals, zoo animals, aquatic animals, and exotic animals. Veterinary patient monitoring equipment is used in veterinary hospitals, veterinary clinics, and veterinary research centers. The global veterinary patient monitoring equipment market is segmented - 1) By Product: Cardiac Monitoring Devices, Respiratory Monitoring Devices, Remote Patient Monitoring Devices, Multi-Parameter Monitoring Devices, Neuromonitoring Devices, Other Products 2) By End User: Veterinary Hospitals, Veterinary Clinics, Veterinary Research Centers 3) By Animal: Small Companion Animals, Large Companion Animals, Wild Animals, Zoo Animals, Aquatic Animals, Exotic Animals The global veterinary patient monitoring equipment market size will grow from $0.42 billion in 2022 to $0.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global veterinary patient monitoring equipment market size is expected to grow from $0.58 billion in 2027 at a CAGR of 6.4%. Major players in the veterinary patient monitoring market are Smiths Group plc; Hallowell Engineering & Manufacturing Corporation; DRE Veterinary; Digicare Biomedical Technology Inc.; Midmark Corporation; Medtronic PLC.; Jorgensen Laboratories; Vetland Medical Sales and Services LLC; Jorgen Kruuse A/S; Mila International Inc.; and Mindray Medical International Limited. An increase in the prevalence rate of diseases among animals serves as one of the major drivers for the veterinary patient monitoring equipment market. An increase in the incidence of diseases in livestock and companion animals will require monitoring equipment to diagnose the diseases in animals. For instance, according to the Banfield Pet Hospital's 2020 Veterinary Emerging Topics (VET) Report, more than 50% of the dogs at 1,000 hospitals in 2019 were overweight or obese. Overweight pets are more likely to suffer from joint disease, respiratory disease, and other preventable conditions. The increase in the prevalence rate of diseases for animals results in an increased demand for enhanced veterinary patient monitoring equipment market. Veterinary patient monitoring equipment is highly expensive. The cost of equipment will be a significant expense for a veterinary clinic or hospital. For instance, the average wearable device ranges from $50 to $100 and will likely have a recurring software as a service (SaaS) fee to store and retrieve an animal’s health data analytics. These expenses hinder the growth of the veterinary patient monitoring equipment market. Veterinarians and pet or cattle owners are shifting to wearable technology to keep track of animal behavior. Wearable technology is smart electronic devices that are worn on the body or integrated with clothing or accessories and monitor body temperature, behavior, and movement. These wearable monitoring devices provide timely insights regarding the overall health of the animal and help the veterinarian provide an appropriate diagnosis for the animal. For instance, Vetrax, a wearable sensor worn on a dog’s collar, enables clinicians and pet owners to monitor aspects of an animal’s behaviour when they are unsupervised. According to a report by Veterinary Practice News, 83% of pet owners are satisfied with the use of wearable technology and 68% find it an effective way of monitoring the weight and diabetes of their pets. The veterinary patient monitoring equipment market is regulated by government agencies such as the European Medicines Agency (EMA), USFDA (the US Food and Drug Administration), and others. The EMA should certify the medical devices before they are marketed. The EMA verifies the safety and quality of the devices before they can be certified and approved for use throughout the European Union. The EMA requires all devices to comply with the regulations stated under Directive 2001/82/EC and Regulation (EC) No. 726/2004. In August 2020, Merck Animal Health, a US-based company specializing in veterinary products, technologies, and services, acquired IdentiGEN Ltd. for an undisclosed amount. Through this acquisition, Merck offers animal monitoring for food producers, processors, and retailers who are searching for precise and comprehensive animal traceability solutions that offer full accountability as well as increased transparency, food quality, and sustainability for consumers. In combination with Merck's current identification and monitoring technology, which provides real-time, actionable data and insights to aid in, improve, or enhance animal management and health outcomes, the addition of specialized digital technology to our portfolio of medications, vaccines, and services offers comprehensive solutions to help advance animal health. IdentiGEN Ltd. is a land-based company pioneering in DNA-based analysis and diagnostics for animal health monitoring. North America was the largest region in the veterinary patient monitoring market in 2022. Asia-Pacific was the second-largest region in the global veterinary patient monitoring market share. The regions covered in the global veterinary patient monitoring equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the veterinary anesthesia equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, and USA. The veterinary patient monitoring equipment market consists of sales of bedside patient monitoring systems, renal patient monitoring devices, circulatory system patient monitoring devices, and obesity patient monitoring devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The veterinary patient monitoring equipment research report is one of a series of new reports from The Business Research Company that provides veterinary patient monitoring equipment statistics, including veterinary patient monitoring equipment industry global market size, regional shares, competitors with veterinary patient monitoring equipment shares, detailed veterinary patient monitoring equipment segments, market trends and opportunities, and any further data you may need to thrive in the veterinary patient monitoring equipment industry. This veterinary patient monitoring equipment research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Nutritional feed additives various types of products used in animal nutrition to improve the nutritional content and quality of feed, or to improve the health and performance of animals. They help improve the nutritional content and quality of feed, resulting in higher productivity and disease prevention. The main additive types of nutritional feed additives are antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavours and sweeteners, pigments, binders, and minerals. Antibiotics are medications that aid in the treatment of bacterial illnesses. They accomplish this by either killing the bacteria or preventing them from replicating or reproducing. The nutritional feed additives are available in various forms, such as dry, liquid, and other forms that are used on ruminants, poultry, swine, and aquatic livestock. The additives are distributed through direct, indirect channels, hypermarkets and supermarkets, specialty stores, and online retail channels. The global nutritional feed additives market is segmented - 1) By Distribution Channel: Direct, Indirect, Hypermarket/Supermarket, Specialty Stores, Online Retail 2) By Livestock: Ruminants, Poultry, Swine, Aquatic 3) By Additive Type: Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors And Sweeteners, Pigments, Binders, Minerals 4) By Form: Dry, Liquid, Other Forms The global nutritional feed additives market size will grow from $3.89 billion in 2022 to $4.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global nutritional feed additives is expected to grow to $5.41 billion in 2027 at a CAGR of 6.6%. The rise in consumption of meat products is one of the driving factors for the nutritional feed additives market. Due to high meat consumption, the concern for high-quality meat is also increasing. Thus, to deliver high-quality meat, add-on nutrition feed additives are fed to the animals so that they have good digestion to build on more muscle and weight. This increases the yield and productivity and, hence, the demand for nutritional feed additives. Currently, meat and poultry consumption in the US is more than 100 billion pounds every year. Major players in the nutritional feed additives market are BASF SE, Cargill, Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Kemin Industries Inc., Adisseo, Alltech, Phibro Animal Health Corporation, and DowDuPont. The stringent regulations act as one of the major restraining factors for the nutritional feed additives market. There are many mandatory documents, required to be approved before approving the nutritional feed, which delays the approval process. Therefore, the product launch and expansion of companies in new regional markets will be delayed. For instance, China's AQSIQ (Administration for Quality Supervision and Inspection and Quarantine) issued 2 reports for the nutrition feed additive companies to get their products registered and approved by the concerned Chinese authorities before selling them in the Chinese market. The report also made it compulsory for all the exporters to have a licence to sell their nutrition feed additive products in the Chinese market, which delays the nutritional feed additives from reaching the stores. Feed additives manufacturers are investing in the R&D of organic feed additives as there is a growing demand for organic and natural feed products in the nutritional feed additives market. When compared to synthetic nutrition feed additives, organic feed additives have fewer side effects and also improve yield. Therefore, poultry farmers are switching to herbal nutrition feed additives. For instance, Agpulse Organics has come up with its herbal animal feed additive 'Govahnika-Biosheera', which is fed to cattle to increase milk productivity while maintaining the health of cattle and quality of milk. In September 2020, Adisseo acquired Framelco G for an undisclosed amount. With this acquisition, the company will enhance the growth of specialties to become the world leader in the field of specialty feed ingredients in animal nutrition. Framelco G is a family-owned multinational company that develops and manufactures feed additives and drinking water solutions for livestock production. North America was the largest region in the nutritional feed additives market in 2022. Asia-Pacific was the second-largest region in the global nutritional feed additives market report. The regions covered in the global nutritional feed additives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the nutritional feed additives market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The nutritional feed additives market consists of sales of digestibility enhancers, coccidiostats and histomonostats, antimicrobials, and growth hormones. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The nutritional feed additives market research report is one of a series of new reports from The Business Research Company that provides nutritional feed additives market statistics, including nutritional feed additives industry global market size, regional shares, competitors with nutritional feed additives market share, detailed nutritional feed additives market segments, market trends and opportunities, and any further data you may need to thrive in the nutritional feed additives industry. This nutritional feed additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Animal growth promoters and performance enhancers refer to the substances that are added to feeds as supplements or injections to increase feed utilization and growth in farm animals, as well as veterinary medicinal products that are administered to healthy animals in order to favourably influence the yield, quality, and/or growth of animal products. The main types of animal growth promoters and performance enhancers are antibiotic growth promoters and non-antibiotic growth promoters. Antibiotic growth promoters refer to the promoters that will enhance the health of the animal and increase productivity. These include natural chemicals such as microbial products, prebiotics, and probiotics, yeast products, enzymes and herbs, oils, and spices. The different types of animals that use animal growth promoters and performance enhancers include poultry, swine, livestock, aquaculture, and other animals. The global animal growth promoters and performance enhancers market is segmented – 1) By Type: Antibiotic Growth Promoters, Non-Antibiotic Growth Promoters 2) By Animal Type: Poultry, Swine, Livestock, Aquaculture, Other Animals 3) By Nature of Chemicals: Microbial Products, Prebiotics And Probiotics, Yeast Products, Enzymes/Herbs, Oils And Spices The global animal growth promoters and performance enhancers market size will grow from $13.73 billion in 2022 to $14.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global animal growth promoters and performance enhancers market size is expected to grow to $18.92 billion in 2027 at a CAGR of 6.6%. The growing demand for meat is a significant factor that will drive the market for animal growth promoters and performance enhancers. Animal growth promoters make the animal accumulate fat and weight, resulting in more meat production and a more expensive animal. Meat is a major protein source for many people around the world. According to a study by FAO, the production of meat has doubled in the last 30 years and increased four-fold since the mid-1960s. The production and consumption of meat are expected to continue to grow. By 2050, global meat consumption is projected to reach between 460 million and 570 million tons. This is expected to drive the animal growth promoters and performance enhancers market. Major players in the animal growth promoters and performance enhancers market are Merck Animal Health, Cargill, Royal DSM N.V., Vetoquinol S.A., Bupo Animal Health, Elanco Animal Health Inc., Alltech, Bayer Animal Health, Zoetis, and Bioniche Life Sciences. Strict rules set by the US and European governments on the use of animal growth promoters and performance enhancers are restricting the animal growth promoter and performance enhancers market. For instance, Zoetis, the largest producer of animal medicines, is banned from selling antibiotics that promote faster growth in animals in the US and Europe. The US FDA has implemented a regulation that bans the use of antibiotics as feed supplements to help livestock and poultry grow faster. These regulations are expected to negatively impact the growth of the animal growth promoters and performance enhancers market. Companies in the market are increasingly investing in phytogenics for higher efficiency of growth promoters through natural means. Phytogenics, sometimes also referred to as botanicals or phytobiotics, are plant-based feed additives utilised in animal nutrition. They are derived from herbs, spices, and extracts. Phytochemicals can be used in solid, dried, and ground form or as extracts, and can also be classified as essential oils and oleoresins depending on the process used to derive the active ingredients. The use of phytogenics promotes increased feed intake, improved gut function, prevention of diarrhea, and antimicrobial and antioxidative effects in livestock. Companies such as Delacon, Cargill, and BIOMIN have invested in phytogenics. In June 2020, Elanco acquired Bayer Animal Health for $7.6 billion. This acquisition is expected to help Elanco expand its product profile and reach for medicines for pets and livestock. Bayer Animal Health is a division of Bayer HealthCare. North America was the largest region in the animal growth promoters and performance enhancers market in 2022. Asia-Pacific was the second-largest region in the global animal growth promoters and performance enhancers market. The regions covered in the global animal growth promoters and performance enhancers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the animal growth promoters and performance enhancers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The animal growth promoters and performance enhancers market consists of sales of growth hormone medications, anabolic implants, bovine somatotropin, ß-agonists and probiotics. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The animal growth promoters and performance enhancers report is one of a series of new reports from The Business Research Company that provides animal growth promoters and performance enhancers market statistics, including animal growth promoters and performance enhancers industry global market size, regional shares, competitors with animal growth promoters and performance enhancers market share, detailed animal growth promoters and performance enhancers market segments, market trends and opportunities, and any further data you may need to thrive in the animal growth promoters and performance enhancers industry. This animal growth promoters and performance enhancers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Feed processing equipment is a machine that produces animal feed by processing the raw material. They are used to produce animal feed. The main functions of feed processing equipment are pelleting, mixing, grinding, and extrusion. Extrusion refers to the process of forming something by forcing or pushing it out, mainly through a small opening. The feed types are ruminant feed, poultry feed, swine feed, aquaculture feed, and other feed types. The various applications involved are poultry, pig, ruminant, aqua, and other applications. The global feed processing equipment market is segmented – 1) By Function: Pelleting, Mixing, Grinding, Extrusion 2) By Feed Type: Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Other Animal Feed 3) By Application: Poultry, Pig, Ruminant, Aqua, Other Applications The global feed processing equipment market size will grow from $54.93 billion in 2022 to $58.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global feed processing equipment is expected to grow to $70.57 billion in 2027 at a CAGR of 4.9%. The growing demand for feed across the globe to meet the needs of the rising livestock population is expected to drive the feed processing equipment market. The rise in livestock population led to an increase in the requirement for feed which in turn is likely to fuel the demand for feed processing equipment. For instance, in October 2022, according to AFIA, a US-based feed industry association, under normal production conditions, DIS calculated the baseline consumption at the start of 2020 at 252.6 million tonnes (excluding forages and roughages), with an estimated value of $66.7 billion. By 2025, the amount of animal food consumed could rise by 2.5% to 254.6 million tonnes, or about $48.8 billion. Major players in the feed processing equipment market are Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies, Longchang Machinery, HET Feed Machinery, B.K. Allied Industries, SKIOLD, and ZhengChang. The high operational and maintenance cost of the feed mill is expected to hinder the feed processing equipment market. The cost of establishing a feed mill includes design and development, equipment, installation, operational, and maintenance costs. According to the American Feed Industry Association, engineering and design, equipment and installation, and operation and maintenance cost contribute to about 1%, 15%, and 50% respectively of the total investment over a feed mill’s lifetime. Moreover, electricity and labor require high capital investment making it unaffordable for middle, and low-income producers, thereby acting as a major restraint for market growth. Plant manufacturers are launching revolutionary technology intending to improve the operation, increase efficiency, and set up other equipment to offer an advantage over other machines. In June 2020, Imas, a supplier of milling technology, developed a new type of feed mill with a compact design for the feed industry with a capacity of 2 to 3 tons per hour. In April 2022, an Iceland-based food processing company acquired Wenger Manufacturing for US$540 million. With this acquisition, it gives Marel a platform for investment into fresh, complementary, and promising growth markets. Wenger Manufacturing is a US-based feed processing equipment manufacturing company. The Asia-Pacific was the largest region in the feed processing equipment market in 2022. North America was the second largest region in the global feed processing equipment market share. The regions covered in the global feed processing equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the feed processing equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The feed processing equipment market consists of sales of hammer mills, fine grinders, air classifiers, pellet mills, and extruders. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed processing equipment market research report is one of a series of new reports from The Business Research Company that provides feed processing equipment market statistics, including feed processing equipment industry global market size, regional shares, competitors with a feed processing equipment market share, detailed feed processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the feed processing equipment industry. This feed processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aquafeed refers to any feed used to feed aquatic animals raised for food as part of aquaculture. For optimal growth, fish (both farmed and wild) need a well-balanced mixture of vital elements such vitamins, fatty acids, and amino acids. Aquafeed includes certain lipids, vitamins, minerals, and amino acids (which are the building blocks of protein). These are supplied by a variety of components found in the feed, including as fishmeal, fish oil, plants, and animal trimmings. The main types of aquafeed include vitamins, antioxidants, amino acids, enzymes, acidifiers, and binders in dry, wet, and moist form. These products are distributed through direct sales, indirect sales, hypermarkets, supermarkets, wholesalers, online, and others. The global aquafeed market is segmented – 1) By Additives: Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders 2) By Form: Dry Form, Wet Form, Moist Form 3) By Distribution Channel: Direct Sales, Indirect Sales, Hypermarket/supermarket, Wholesalers, Online, Other Distribution Channel The global aquafeed market size will grow from $82.84 billion in 2022 to $91.86 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aquafeed market size is expected to grow to $123.83 billion in 2027 at a CAGR of 7.8%. Increasing seafood consumption is expected to propel the growth of the aquafeed market. Aquaculture production plays an increasing role in satisfying the demand for human consumption of fishery products. According to the study published by the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO), human consumption of fish is expected to increase by 180 Mt by 2029. The increase in demand for seafood or fishery products is expected to boost demand for high-quality aquafeed to maintain the quality of the products for the customers. Therefore, increasing seafood consumption is driving the growth of the aquafeed market. Major players in the aquafeed market are Cargill Incorporated, Archer Daniels Midland Company, Alltech Inc., Purina Animal Nutrition, Ridley Corp Ltd., Nutreco N.V, Aller Aqua A/S, Biomar A/S, Beneo GmbH, Biomin GmbH, Coppens International B.V, Nutriad, De Heus, Biostadt India Limited, Dibaq Aquaculture, Evonik Industries, SONAC, Marubeni Nisshin Feed Co., Ltd., Japfa Comfeed, Cpf PLC., Growel Feeds, and Sonac. Technological advancement is a key trend gaining popularity in the aquafeed market. The companies operating in the aquafeed market are focusing on developing innovative products with better nutrition and improved feed conversion. In September 2022, Secma Cabon Solution Vide, a France-based equipment designing and constructing company, launched MultyWays, a unique aquafeed delivery system, The CleanPipe system, DosAir, and Multiways valves are the company's patented inventions. The interaction of these three elements maximises output and profitability. While increasing yield and allowing for more frequent daily feedings, MultyWays also gives farmers more time to devote to other duties. Additionally, it lowers labour costs, restricts manual handling, and lessens accidents brought on by frequent feeding motions. In March 2021, BioMar, a Denmark-based producer of fish feed products, acquired the majority of shares in Vietnam-Uc for an undisclosed amount. Through this acquisition, BioMar is expected to grow the market for high-end feed products by focusing on sustainability, traceability, quality, and performance. Also, BioMar is expected to expand its aquafeed business in Vietnam, which is the world’s one of the leading shrimp-producing countries with a production of close to 500,000 tonnes of shrimp. Viet-Uc is a Vietnam-based aquafeed company that specialises in the hatchery, nurturing, and incubating of shrimp through several phases. Asia-Pacific was the largest region in the aquafeeds market in 2022. North America is expected to have the highest CAGR in aquafeeds market. The regions covered in the aquafeeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Aquafeed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aquafeed market consists of sales of bloodworms, mealworms, blackworms, tubifex. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aquafeed market research report is one of a series of new reports from The Business Research Company that provides aquafeed market statistics, including aquafeed industry global market size, regional shares, competitors with an aquafeed market share, detailed aquafeed market segments, market trends and opportunities, and any further data you may need to thrive in the aquafeed industry. This aquafeed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Reef aquarium refers to a kind of tank that contains live coral and particular fish species to replicate the habitat of an oceanic coral reef and that displays corals, including candy cane coral, hammer coral, frogspawn coral, and pulse coral, and contains different types of live coral and other marine invertebrates such as tangs, clownfish, gobies, and others. The main reef aquarium component types include display tank, filtration, lighting, heating, cooling, and water chemistry. The display tank contains the livestock and comes in two types: acrylic and glass. The different reef aquarium products include natural and artificial for end-users such as households, commercials, zoos, and oceanariums. The global reef aquarium market is segmented - 1) By Component Type: Display Tank, Filtration, Lighting, Heating And Cooling, Water Chemistry 2) By Product: Natural, Artificial 3) By End-Use: Household, Commercial, Zoo And Oceanarium The global reef aquarium market size will grow from $4.36 billion in 2022 to $4.8 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the reef aquarium is expected to grow to $7.29 billion in 2027 at a CAGR of 11.0%. The rising awareness of the health benefits of having aquariums is driving the reef aquarium market. There are many benefits associated with keeping a home aquarium, such as a reduction in stress, an improvement in sleep quality, and better heart health. Reef aquariums reduce pain and anxiety and help to improve concentration and creativity. According to the research published in the journal Environment &Behavior, there is an improvement in the physical and mental well-being of people who spend time watching aquariums and fish tanks. Thus, increasing awareness among people about having reef aquariums is contributing to the growth of the reef aquarium market. Major players in the reef aquarium market are Jebao, API, Aqua Design Amano Co., Ltd., EHEIM GmbH & Co. KG, AZOO, Interpet, JUWEL Aquarium AG & Co. KG, Arcadia, Tropical Marine Centre Limited, OASE GmbH, D-D The Aquarium Solution Ltd., Hagan, Marukan, TMC, Tetra, Taikong Corp, and Spectrum Brands, Inc. Players in the reef aquarium market are focusing on new product development to stay competitive in the market. This trend is positively impacting the market. For instance, in September 2021, Orphek, a Canadian company engaged in providing a range of LED aquarium lighting solutions, launched the new AtlantikiCon reef aquarium LED lighting for coral growth and colour pop. This is developed with friendly technology that is easy to use and is smartphone compactible. Furthermore, the new Orphek App works with both Android and iOS, with voice control, iCloud support, and other such features. In July 2021, Bulk Reef Supply, the largest online saltwater aquarium retailer in America, acquired California-based Marine Depot for an undisclosed amount. The combined company operates as Bulk Reef Supply, which operates the educational platform Reef Builders. MarineDepot.com is a US-based e-commerce company that sells aquarium supplies for fish keeping and reef-keeping hobbyists. Europe will be the largest region in the reef aquarium market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the reef aquarium market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the reef aquarium market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The reef aquarium market consists of sales of acrylic, glass, plastic, and polyvinyl chloride. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The reef aquarium market research report is one of a series of new reports from The Business Research Company that provides reef aquarium market statistics, including reef aquarium industry global market size, regional shares, competitors with a reef aquarium market share, detailed reef aquarium market segments, market trends and opportunities, and any further data you may need to thrive in the reef aquarium industry. This reef aquarium market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fish powder refer to the finely ground powder formed from cooked fish flesh. Fish powder prepared from leftover fish can be used to supplement staple foods including maize and cassava, increasing micronutrient concentrations in the meal. The main types of fish powders are steam-dried and flame-dried fish powders. Flame dried fish meal is produced using the shortest rotary dryer, known as a direct hot air dryer or flame dryer, which is employed in the manufacturing of about 75% of the world's fish meal. The different sources include whole fish and by-products and are used in swine, poultry, aquaculture, and other applications. The end-users include food and beverages, sports nutrition and dietary supplements, cosmetics and personal care, pharmaceuticals, animal feed, and others, and are distributed through business to business (B2B) and business to customer (B2C) sales channels. The global fish powder market is segmented - 1) By Source: Whole Fish, By-Product 2) By End-User: Food&Beverages, Sports Nutrition and Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals, Animal Feed, Fertilizer 3) By Type: Steam Dried (SD) Fish Powder, Flame Dried (FD) Fish Powder 4) By Distribution Channel: B2B, B2C 5) By Application: Swine, Poultry, Aquaculture, Other Applications The global fish powder market size grew from $7.69 billion in 2022 to $8.28 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the fish powder market is expected to grow to $10.75 billion in 2027 at a CAGR of 6.7%. The rise in the production of functional foods is significantly driving the growth of the fish powder market. Functional foods are frequently chosen because they provide numerous health benefits and are healthy. Fish powder is an important functional food since it provides calcium, antihypertensive proteins, and antioxidants. For instance, according to the Institute of Food Technologists (IFT), a US-based non-profit scientific society, the sales of functional foods and beverages in the United States reached $83 billion in 2021, a 6.8% increase over 2020. Therefore, the increasing production of functional foods is expected to drive the growth of the fish powder market going forward. Major players in the fish powder market are Austevoll Seafood ASA (Laco AS), Omega Protein Corporation, Daybrook Fisheries, Austral, Cermaq, Kodiak Fishmeal, Exalmar, Nissui, HAYDUK, Chishan Group, Oceana Group, Dalian Longyuan Fishmeal, Zhejiang FengYu Halobios, FMC Corporation Technological advancements are shaping the fish powder market. The key players in the fish powder market are indulging in adopting various technological advancements to strengthen their position in the market. For instance, in January 2022, Cermaq Canada Ltd., a Canada-based salmon farming company, adopted aeration technology supplied by Poseidon Ocean Systems. Cermaq Canada has reported that a new aeration technology supplied by Poseidon Ocean Systems has helped them eliminate over 76,000 kg of CO2 emissions from their operations in 2021. In November 2020, PAI Partners, a France-based private equity firm, acquired a majority stake in Angulas Aguinaga for an undisclosed amount. Through this acquisition, PAI intends to expedite the company's new strategic business plan, assist in the expansion of product offerings through the launch of new categories, and assist in the company's commitment to internationalization, with a focus on France and Italy. Angular Aguinaga is a Spain-based company that produces frozen seafood products, including fish powder. Asia-Pacific was the largest region in the fish powder market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fish powder market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fish powder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fish powder market consists of sales of fish protein concentrate, fish albumin, glue, gelatin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fish powder market research report is one of a series of new reports from The Business Research Company that provides fish powder market statistics, including global market size, regional shares, competitors with a fish powder market share, detailed fish powder market segments, market trends and opportunities, and any further data you may need to thrive in the fish powder industry. This fish powder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.