Market Overview:
The global fish feed market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for seafood, rising awareness about the benefits of consuming fish, and technological advancements in the production of fish feed. The global fish feed market is segmented on the basis of type, application, and region. On the basis of type, it is divided into goldfish, koi carp, tropical fishes (such as cichlids), and others (including marine fishes). The live food segment accounted for a major share of the global fish feed market in 2017 owing to its high nutritional value and easy digestibility.
Product Definition:
A feed mixture that is specifically designed to meet the nutritional requirements of fish. Fish feeds are typically made up of a variety of ingredients, including grains, vitamins, and minerals. The use of fish feeds is important because it helps ensure that fish receive the nutrients they 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 hard and soft. It has been known to live up to 10 years. The most popular varieties are carp and goldfish, but there are over 400 different species of goldfish across the globe. They are omnivorous and will eat just about anything; however, they prefer live food such as insects, larvae (such as mosquito), smaller fishes etc., along with some plants and seeds.
Koi:
Koi is a freshwater fish belonging to the Cyprinodontiformes order. It is also known as the Japanese carp and Chinese or pond carp. The common name comes from its preference for living in water gardens, koi ponds, which are constructed mainly of clay and rock material. Koi can be distinguished by its large size (up to 10 kg), elongated body, roundish eyes; it has no scales but has prominent whiskers around its mouth area.
Application Insights:
The processed food segment led the global market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the growing importance of processed foods among pet owners, especially in developed countries like U.S., Canada, and France. Processed fish products include frozen meals, canned food as well as dry and wet cat foods.
Live feed accounted for more than 60% share of the global revenue in 2017 owing to its low cost coupled with high nutritional value making it an ideal choice forage for various species including carp, catfish, goldfish and trout among others.
Regional Analysis:
Asia Pacific accounted for the largest share of more than 35.0% in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing disposable income, growing population, and rising awareness about nutritional diet among consumers in developing countries such as China and India. Moreover, increasing demand for seafood as a source of protein coupled with favorable climatic conditions is anticipated to drive regional market growth over the forecast period.
The region has witnessed an increase in fish consumption owing to its wide range of freshwater species including carp, tilapia, catfish etc., popularly known as bhati or bhutta in Indian languages such as Hindi and Urdu which are widely consumed across households especially during festivals along with other non-vegetarian food items like meat products (mutton/sheep), eggs etc.
Growth Factors:
- Increasing demand for seafood products from the developing countries is expected to drive the growth of fish feed market over the forecast period.
- Rising awareness about the nutritional benefits of consuming fish is anticipated to boost demand for fish feeds in near future.
- Growing popularity of aquaculture as a sustainable food production system is projected to fuel growth of Fish Feeds market in coming years.
- Proliferation of pet ownership, especially in developed countries, is likely to create new opportunities for Fish Feeds manufacturers and suppliers over next few years. 5) Technological advancements in feed production are expected to provide impetus to growth of this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Fish Feeds 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 BV, 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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Fish Feeds Market Report Segments:
The global Fish Feeds 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 BV
- 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 Fish Feeds 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 Fish Feeds 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?
Fish feeds are a type of food that is fed to fish in order to provide them with the nutrients they need to grow and thrive. Fish feeds can be made from a variety of different ingredients, including grains, vegetables, and meat.
Some of the key players operating in the fish feeds market are Tetra, UPEC, Canadian Aquatic Feed, Coppens International BV, 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 fish feeds market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fish Feeds 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 Fish Feeds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fish Feeds 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 Fish Feeds 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 Fish Feeds Market Size & Forecast, 2020-2028
4.5.1 Fish Feeds Market Size and Y-o-Y Growth
4.5.2 Fish Feeds 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 Fish Feeds 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 Fish Feeds 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 Fish Feeds Market: Competitive Dashboard
14.2 Global Fish Feeds 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 BV
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
