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Global Plant-Based Fish Feed Market to reach USD XX billion by 2028.

Global Plant-Based Fish Feed Market to reach USD XX billion by 2028.

Product Code: OIRAL-81463724
Publish Date: 23-03-2022
Page: 200

Global Plant-Based Fish Feed Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Traditionally Fish meal and oils from small fish like sardines and anchovies used to be the main source of feed for farmed fish. But plant-based sources of protein, such as soybeans or corn, have achieved significant growth in the past decade partly owing to environmental reasons. Also, there is a recent trend of using probiotics of live bacteria in fish feed to boost gut health and growth of fish. Growing demand for Sea Food and rising adoption of organic food products are key drivers for the growth of Plant-Based Fish Feed market. For instance, according to global database Management Company Statista- As of 2021, the global seafood market reached a value of USD 253 billion, and is projected to reach to about USD 336 billion by the year 2025. Furthermore, in May 2021, Skretting India has announced to expand its product line across aquaculture value chain. This strategy is a combined value proposition of Feed for shrimp, fish and high-value fishes like Snakehead and Barramundi, AquaSim and Aqua Health Care Products in the emerging market of India. Also, with the increasing investment in plant-based aquarium foods and changing consumption pattern, the adoption & demand for Plant-Based Fish Feed is likely to increase the market growth during the forecast period. However, high cost of feed additives of Plant-Based Fish Feed and availability of other alternatives impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Plant-Based Fish Feed market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing adoption of plant-based food products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as surging demand for fish oil and fish-based household and commercial products in the region would create lucrative growth prospects for the Plant-Based Fish Feed market across Asia-Pacific region.

Major market player included in this report are:
Cargill, Incorporated.,
Skretting Pvt Ltd.
Alltech., Pvt Ltd.
BioMar Pvt Ltd.
Nutreco Pvt Ltd.
Ridley Corporation Limited,
Hanpel Tech Co. LTD,
Adisseo Pvt Ltd.
McCain Foods Limited,
DINE Market Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Soybean Meal
Cottonseed Meal
Corn Meal
Distillers Dried Grains with Soluble
Wheat Bran
Rice Bran
Other Product Types (Canola Meal, Sunflower Meal, etc.)
By Nature:
By Form:
By Sales Channel:
Direct Sales
Indirect Sales
By End Use Industries:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Plant-Based Fish Feed Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Plant-based Fish Feed Market, by Region, 2020-2028 (USD Billion)
1.2.2. Plant-based Fish Feed Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Plant-based Fish Feed Market, by Nature, 2020-2028 (USD Billion)
1.2.4. Plant-based Fish Feed Market, by Form, 2020-2028 (USD Billion)
1.2.5. Plant-based Fish Feed Market, by Sales Channel, 2020-2028 (USD Billion)
1.2.6. Plant-based Fish Feed Market, by End Use Industries, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Plant-based Fish Feed Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Plant-based Fish Feed Market Dynamics
3.1. Plant-based Fish Feed Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing consumption of sea food Rising adoption of organic food products
3.1.2. Market Challenges High cost of feed additives Availability of other alternatives
3.1.3. Market Opportunities Rising investment in plant-based aquarium foods Changing consumption Pattern
Chapter 4. Global Plant-based Fish Feed Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Plant-based Fish Feed Market, by Product Type
6.1. Market Snapshot
6.2. Global Plant-based Fish Feed Market by Product Type, Performance – Potential Analysis
6.3. Global Plant-based Fish Feed Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Plant-based Fish Feed Market, Sub Segment Analysis
6.4.1. Soybean Meal
6.4.2. Cottonseed Meal
6.4.3. Corn Meal
6.4.4. Distillers Dried Grains with Soluble
6.4.5. Wheat Bran
6.4.6. Rice Bran
6.4.7. Other Product Types (Canola Meal, Sunflower Meal, etc.)
Chapter 7. Global Plant-based Fish Feed Market, by Nature
7.1. Market Snapshot
7.2. Global Plant-based Fish Feed Market by Nature, Performance – Potential Analysis
7.3. Global Plant-based Fish Feed Market Estimates & Forecasts by Nature 2019-2028 (USD Billion)
7.4. Plant-based Fish Feed Market, Sub Segment Analysis
7.4.1. Organic
7.4.2. Conventional
Chapter 8. Global Plant-based Fish Feed Market, by Form
8.1. Market Snapshot
8.2. Global Plant-based Fish Feed Market by Form, Performance – Potential Analysis
8.3. Global Plant-based Fish Feed Market Estimates & Forecasts by Form 2019-2028 (USD Billion)
8.4. Plant-based Fish Feed Market, Sub Segment Analysis
8.4.1. Pellet
8.4.2. Powder
8.4.3. Granule
8.4.4. Flake
Chapter 9. Global Plant-based Fish Feed Market, by Sales Channel
9.1. Market Snapshot
9.2. Global Plant-based Fish Feed Market by Sales Channel, Performance – Potential Analysis
9.3. Global Plant-based Fish Feed Market Estimates & Forecasts by Sales Channel 2019-2028 (USD Billion)
9.4. Plant-based Fish Feed Market, Sub Segment Analysis
9.4.1. Direct Sales
9.4.2. Indirect Sales
Chapter 10. Global Plant-based Fish Feed Market, by End Use Industries
10.1. Market Snapshot
10.2. Global Plant-based Fish Feed Market by End Use Industries, Performance – Potential Analysis
10.3. Global Plant-based Fish Feed Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
10.4. Plant-based Fish Feed Market, Sub Segment Analysis
10.4.1. Commercial
10.4.2. Household
Chapter 11. Global Plant-based Fish Feed Market, Regional Analysis
11.1. Plant-based Fish Feed Market, Regional Market Snapshot
11.2. North America Plant-based Fish Feed Market
11.2.1. U.S. Plant-based Fish Feed Market Product Type breakdown estimates & forecasts, 2019-2028 Nature breakdown estimates & forecasts, 2019-2028 Form breakdown estimates & forecasts, 2019-2028 Sales Channel breakdown estimates & forecasts, 2019-2028 End Use Industries breakdown estimates & forecasts, 2019-2028
11.2.2. Canada Plant-based Fish Feed Market
11.3. Europe Plant-based Fish Feed Market Snapshot
11.3.1. U.K. Plant-based Fish Feed Market
11.3.2. Germany Plant-based Fish Feed Market
11.3.3. France Plant-based Fish Feed Market
11.3.4. Spain Plant-based Fish Feed Market
11.3.5. Italy Plant-based Fish Feed Market
11.3.6. Rest of Europe Plant-based Fish Feed Market
11.4. Asia-Pacific Plant-based Fish Feed Market Snapshot
11.4.1. China Plant-based Fish Feed Market
11.4.2. India Plant-based Fish Feed Market
11.4.3. Japan Plant-based Fish Feed Market
11.4.4. Australia Plant-based Fish Feed Market
11.4.5. South Korea Plant-based Fish Feed Market
11.4.6. Rest of Asia Pacific Plant-based Fish Feed Market
11.5. Latin America Plant-based Fish Feed Market Snapshot
11.5.1. Brazil Plant-based Fish Feed Market
11.5.2. Mexico Plant-based Fish Feed Market
11.6. Rest of The World Plant-based Fish Feed Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Cargill, Incorporated Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
12.2.2. Skretting Pvt Ltd.
12.2.3. Alltech., Pvt Ltd.
12.2.4. BioMar Pvt Ltd.
12.2.5. Nutreco Pvt Ltd.
12.2.6. Ridley Corporation Limited,
12.2.7. Hanpel Tech Co. LTD,
12.2.8. Adisseo Pvt Ltd.
12.2.9. McCain Foods Limited,
12.2.10. DINE Market Inc.
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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