Market Overview:
The global commercial turtle feed market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for turtles as pets and rising awareness about the benefits of turtles for human health. In terms of type, the staple segment is projected to lead the global commercial turtle feed market during the forecast period, owing to its high nutritional value and easy digestibility. By application, freshwater turtles are expected to account for a larger share of the global commercial turtle feed market in 2018, followed by sea turtles. North America accounted for a major share of the global commercial turtle feed market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
Commercial turtle feed is a food made specifically for turtles that is available in most pet stores. It is important to use commercial turtle feed because it has been formulated to meet the nutritional needs of turtles, which vary depending on their age, size, and species.
Staple:
Staple food for green and hawaiian sea turtles consists of algae, seagrass, hydroids, and jellyfish. Staple food is important for proper growth as well as the health of a sea turtle. Sea Turtle diet includes about 80% water content along with some vegetable matter such as sargassum weed which has high nutritional value in terms of protein & fat content.
Supplement:
Supplements are additives that are added to commercial turtle feed to provide additional nutritional requirements. The primary function of a supplement is to replace or enhance essential nutrients which have been removed or reduced in concentration in the feed as a result of processing techniques such as de-oiling and de-icing.
Application Insights:
The sea turtle application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The Latin American sea turtles are coming back from the brink of extinction due to conservation efforts, which has resulted in an increased number of breeding sites and nesting females across Brazil, Colombia, and Venezuela. This factor is anticipated to fuel product demand for feed throughout Latin America during the next seven years.
The freshwater turtles segment held a significant share in 2017 owing to increasing awareness among people about keeping pets that reflect nature's beauty and diversity as well as help conserve natural resources such as forests and wetlands.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing awareness regarding conservation and sustainable use of marine resources, coupled with growing income levels among consumers, is likely to drive demand for sea turtle food products in this region. Furthermore, increasing trade activities across Asia Pacific are anticipated to boost product sales across various application segments such as pet food and seafood restaurants & outlets over the coming years.
Growth Factors:
- Increasing demand for seafood products is expected to drive the growth of commercial turtle feed market over the forecast period.
- Turtle farming is gaining popularity as a sustainable and profitable business venture, which is anticipated to boost the demand for commercial turtle feed in near future.
- Growing awareness about the health benefits of consuming turtles and their meat is projected to fuel the growth of commercial turtle feed market in forthcoming years.
- Rapid urbanization coupled with rising disposable income levels of consumers are likely to create lucrative opportunities for key players operating in commercial turtle feed market during forecast period. 5) Stringent regulations against illegal trade of turtles and their meat are anticipated to hamper the growth of this market in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Turtle Feed Market Research Report
By Type
Staple, Supplement
By Application
Freshwater Turtle, Sea Turtle
By Companies
Mazuri, Aquamax, Zoo Med Laboratories, Inc., Omega One, Tetrafauna, Hikari, Nutrafin Max, Tianjin Chenhui Feed, Agrobs
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Turtle Feed Market Report Segments:
The global Commercial Turtle Feed market is segmented on the basis of:
Types
Staple, Supplement
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
Freshwater Turtle, Sea Turtle
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:
- Mazuri
- Aquamax
- Zoo Med Laboratories, Inc.
- Omega One
- Tetrafauna
- Hikari
- Nutrafin Max
- Tianjin Chenhui Feed
- Agrobs
Highlights of The Commercial Turtle 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:
- Staple
- Supplement
- By Application:
- Freshwater Turtle
- Sea Turtle
- 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 Turtle 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 turtle feed is a mixture of grains, vegetables, and other ingredients that are specifically designed to meet the nutritional needs of turtles. It is often fortified with vitamins and minerals to make it more complete.
Some of the major companies in the commercial turtle feed market are Mazuri, Aquamax, Zoo Med Laboratories, Inc., Omega One, Tetrafauna, Hikari, Nutrafin Max, Tianjin Chenhui Feed, Agrobs.
The commercial turtle feed market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Turtle 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 Turtle Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Turtle 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 Turtle 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 Turtle Feed Market Size & Forecast, 2020-2028
4.5.1 Commercial Turtle Feed Market Size and Y-o-Y Growth
4.5.2 Commercial Turtle 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 Staple
5.2.2 Supplement
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 Freshwater Turtle
6.2.2 Sea Turtle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Turtle 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 Turtle 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 Staple
9.6.2 Supplement
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 Freshwater Turtle
9.10.2 Sea Turtle
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 Staple
10.6.2 Supplement
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 Freshwater Turtle
10.10.2 Sea Turtle
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 Staple
11.6.2 Supplement
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 Freshwater Turtle
11.10.2 Sea Turtle
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 Staple
12.6.2 Supplement
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 Freshwater Turtle
12.10.2 Sea Turtle
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 Staple
13.6.2 Supplement
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 Freshwater Turtle
13.10.2 Sea Turtle
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 Turtle Feed Market: Competitive Dashboard
14.2 Global Commercial Turtle Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mazuri
14.3.2 Aquamax
14.3.3 Zoo Med Laboratories, Inc.
14.3.4 Omega One
14.3.5 Tetrafauna
14.3.6 Hikari
14.3.7 Nutrafin Max
14.3.8 Tianjin Chenhui Feed
14.3.9 Agrobs
