Market Overview:
The global commercial fish feed market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for seafood, increasing awareness about the benefits of consuming fish, and growing aquaculture industry. Based on type, the global commercial fish feed market is segmented into goldfish, koi, tropical fish and others. Goldfish are expected to account for a major share of the global commercial fish feed market due to their high popularity among hobbyists and easy adaptability to different water conditions. Based on application, the global commercial fish feed market is segmented into live food and processed food. Live food is further sub-segmented into fry/larvae feeds and adult feeds while processed food is sub-segmented into pellets/flakes and extruded products.
Product Definition:
A commercial fish feed is a manufactured food product that is used to feed fish. It is typically made up of various ingredients, including proteins, lipids, carbohydrates, minerals and vitamins. The purpose of a commercial fish feed is to provide the nutrients that fish need in order to grow and thrive.
Goldfish:
Goldfish is a small, freshwater fish that can be kept in a variety of water conditions including fresh, marine and brackish water. It has been cultivated in China for over 3000 years and was introduced to Europe around 1530 AD. The average size of goldfish ranges between 2-3 inches with the males being larger than females.
Koi:
Koi is a freshwater fish, which is widely cultivated in Japan. It has been traditionally considered as an important element of Japanese culture and tradition. The growing popularity of koi in the international market on account of its aesthetic appearance coupled with nutritional benefits offered by it is expected to have positive impact on the global market over the next eight years.
Application Insights:
Live food was the major application segment in the global commercial fish feed market and accounted for more than 60.0% share of the overall revenue in 2017. The use of live foods, such as brine shrimp, insects and worms, is a time-honored tradition among fishermen across the world to maintain high levels of productivity from aquaculture farms.
Processed food is expected to be one of the fastest-growing segments over the forecast period owing to its ease in handling and cost-effectiveness compared with other forms of animal protein such as meat products or eggs. Processed fish feeds include ground products along with their ingredients that can be easily digested by fishes including soybean meal, maize (corn) meal, cottonseed meal along with various additives specific to certain species including dried blood or bone marrow powder or oil for salmonids.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of the global fish population, which makes it a key regional market for commercial fish feed. China and India are among the largest consumers of commercial fish feed globally owing to their large freshwater as well as marine aquaculture industry.
The demand in Europe is likely to be driven by increasing aquaculture production in countries including Norway, Denmark, Ireland, Netherlands and U.K.
Growth Factors:
- Increasing demand for seafood from the developing countries is expected to drive the growth of commercial fish feed market over the forecast period.
- Rising awareness about the nutritional benefits of consuming seafood is anticipated to boost demand for commercial fish feed products over the next few years.
- Growing popularity of aquaculture as a sustainable and environment-friendly form of food production is projected to fuel growth in commercial fish feed market during forecast period.
- Proliferation of new and innovative products in commercial fish feed market is likely to stimulate demand for these products in near future. 5) Technological advancements in manufacturing processes are expected to result in increased production efficiency and reduced costs, thereby propelling growth prospects for commercial fish feed industry during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Fish Feed Market Research Report
By Type
Goldfish, Koi, Tropical Fish, Others
By Application
Live Food, Processed Food
By Companies
Tetra, UPEC, Canadian Aquatic Feed, Coppens International, Ocean Star International (OSI), Hikari, JBL, Sera, Ocean Nutrition, Marubeni Nisshin Feed, Tetra, Dongpinghu Feed, Inch-Gold Fish, Sanyou Chuangmei, Beijing New Rainbow Feed Industries, Cargill, SunSun, Aqueon, Kaytee, Porpoise Aquarium, Haifeng Feeds
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Fish Feed Market Report Segments:
The global Commercial Fish Feed market is segmented on the basis of:
Types
Goldfish, Koi, Tropical Fish, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Live Food, Processed Food
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tetra
- UPEC
- Canadian Aquatic Feed
- Coppens International
- Ocean Star International (OSI)
- Hikari
- JBL
- Sera
- Ocean Nutrition
- Marubeni Nisshin Feed
- Tetra
- Dongpinghu Feed
- Inch-Gold Fish
- Sanyou Chuangmei
- Beijing New Rainbow Feed Industries
- Cargill
- SunSun
- Aqueon
- Kaytee
- Porpoise Aquarium
- Haifeng Feeds
Highlights of The Commercial Fish Feed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Goldfish
- Koi
- Tropical Fish
- Others
- By Application:
- Live Food
- Processed Food
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Fish Feed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial fish feed is a mixture of different types of food that is specifically designed to be fed to fish. This type of feed can contain a variety of ingredients, including grains, proteins, and vitamins.
Some of the major players in the commercial fish feed market are Tetra, UPEC, Canadian Aquatic Feed, Coppens International, Ocean Star International (OSI), Hikari, JBL, Sera, Ocean Nutrition, Marubeni Nisshin Feed, Tetra, Dongpinghu Feed, Inch-Gold Fish, Sanyou Chuangmei, Beijing New Rainbow Feed Industries, Cargill, SunSun, Aqueon, Kaytee, Porpoise Aquarium, Haifeng Feeds.
The commercial fish feed market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Fish Feed Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Fish Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Fish Feed Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Fish Feed Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Fish Feed Market Size & Forecast, 2020-2028
4.5.1 Commercial Fish Feed Market Size and Y-o-Y Growth
4.5.2 Commercial Fish Feed Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Goldfish
5.2.2 Koi
5.2.3 Tropical Fish
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Live Food
6.2.2 Processed Food
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Fish Feed Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Fish Feed Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Goldfish
9.6.2 Koi
9.6.3 Tropical Fish
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Live Food
9.10.2 Processed Food
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Goldfish
10.6.2 Koi
10.6.3 Tropical Fish
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Live Food
10.10.2 Processed Food
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Goldfish
11.6.2 Koi
11.6.3 Tropical Fish
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Live Food
11.10.2 Processed Food
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Goldfish
12.6.2 Koi
12.6.3 Tropical Fish
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Live Food
12.10.2 Processed Food
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Goldfish
13.6.2 Koi
13.6.3 Tropical Fish
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Live Food
13.10.2 Processed Food
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Fish Feed Market: Competitive Dashboard
14.2 Global Commercial Fish Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tetra
14.3.2 UPEC
14.3.3 Canadian Aquatic Feed
14.3.4 Coppens International
14.3.5 Ocean Star International (OSI)
14.3.6 Hikari
14.3.7 JBL
14.3.8 Sera
14.3.9 Ocean Nutrition
14.3.10 Marubeni Nisshin Feed
14.3.11 Tetra
14.3.12 Dongpinghu Feed
14.3.13 Inch-Gold Fish
14.3.14 Sanyou Chuangmei
14.3.15 Beijing New Rainbow Feed Industries
14.3.16 Cargill
14.3.17 SunSun
14.3.18 Aqueon
14.3.19 Kaytee
14.3.20 Porpoise Aquarium
14.3.21 Haifeng Feeds
