Market Overview:
The global plant-based fish feed market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of XX% during the forecast period. The growth of the market can be attributed to factors such as rising demand for plant-based fish feed owing to its health benefits, increasing awareness about the ill effects of consuming seafood sourced from traditional fisheries, and stringent regulations on animal feed ingredients. On the basis of type, organic feed is expected to account for a larger share of the global plant-based fish feed market in 2018. This can be attributed to growing consumer preference for organic food products due their perceived health benefits over conventional counterparts. By application, commercial segment is anticipated hold a larger share of the market during the forecast period. This can be ascribed high demand from aquaculture farms across various regions.
Product Definition:
A plant-based diet for fish is a diet that consists largely of plants and other vegetarian ingredients. Fish feed that consists largely of plant-based ingredients is becoming more popular as a sustainable alternative to traditional fish feed, which often contains animal byproducts.
Organic Feed:
Organic feed is a product that contains animal by-products such as meat, blood, placenta and other organs. The main function of organic feed is to provide nutrition to the animals. Organic fish feed has witnessed significant growth in demand over the past few years owing to rising consumer awareness regarding sustainable sourcing of food products and increased demand for processed food with reduced additives & preservatives content.
Conventional Feed:
Conventional feed is the food provided to the fish during its growth phase. The conventional feed market includes products such as pelletized, extruded and whole grain. These products are widely used by the manufacturers of pet food and aquaculture feeds for freshwater, marine or saltwater fish breeding farms.
The global demand for conventional feed has observed a surge in recent years owing to an increase in aquaculture production across various regions including Europe, Asia Pacific and North America.
Application Insights:
The commercial application segment accounted for the largest market share of more than 60% in 2017. The demand from aquaculture farming is expected to remain high over the forecast period owing to rising awareness regarding animal nutrition and health among farmers. Moreover, increasing focus on improving animal productivity is likely to propel industry growth over the coming years.
Household applications are projected to witness a CAGR of XX% from 2018 to 2030 owingto growing consumer preference for home-cooked food with nutritional value that provides energy and enhances immunity. Furthermore, rising awareness about maintaining ideal body weight among consumers will boost product demand in this segment during the forecast period as well as further into the future.
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 global fish consumption, which makes it a key consumer of animal-based protein sources. China and India are among the largest consumers of farmed seafood products in this region owing to increasing awareness about health benefits associated with these products as compared to wild caught ones.
North America accounted for more than 20% share in terms of revenue in 2017 on account of growing demand from commercial application segment especially hotels, restaurants and food chains such as Subway, KFC, Burger King etc. Increasing vegan population coupled with rising concerns regarding animal cruelty is likely to drive growth over the forecast period.
The European market was valued at USD X million in 2017 owing to growing demand from countries including Germany; U.K.
Growth Factors:
- Increasing awareness about the health benefits of plant-based fish feed among consumers.
- Rising demand for sustainable and environment-friendly products across the globe.
- Growing popularity of plant-based diets among health conscious consumers.
- Proliferation of vegan lifestyle options in developed and developing countries alike. 5) increasing investment by major food conglomerates in research and development for plant-based fish feed products
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-based Fish Feed Market Research Report
By Type
Organic Feed, Conventional Feed
By Application
Commercial, Household
By Companies
Cargill, ADM Animal Nutrition, MJI Universal, Tate & Lyle, Diana Aqua, Maschinenfabrik Reinartz GmbH, Kemin Industries, Skretting, BIOMIN Benelux, Aller Aqua, BioMar, Roquette, Prairie Aquatech, Green Plains, Duynie Ingredients
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Plant-based Fish Feed Market Report Segments:
The global Plant-based Fish Feed market is segmented on the basis of:
Types
Organic Feed, Conventional Feed
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
Commercial, Household
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:
- Cargill
- ADM Animal Nutrition
- MJI Universal
- Tate & Lyle
- Diana Aqua
- Maschinenfabrik Reinartz GmbH
- Kemin Industries
- Skretting
- BIOMIN Benelux
- Aller Aqua
- BioMar
- Roquette
- Prairie Aquatech
- Green Plains
- Duynie Ingredients
Highlights of The Plant-based 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:
- Organic Feed
- Conventional Feed
- By Application:
- Commercial
- Household
- 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 Plant-based 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?
Plant-based fish feed is a type of food that is made from plant-based ingredients. This type of food can be used to feed fish in aquariums and ponds.
Some of the major players in the plant-based fish feed market are Cargill, ADM Animal Nutrition, MJI Universal, Tate & Lyle, Diana Aqua, Maschinenfabrik Reinartz GmbH, Kemin Industries, Skretting, BIOMIN Benelux, Aller Aqua, BioMar, Roquette, Prairie Aquatech, Green Plains, Duynie Ingredients.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plant-based Fish Feed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plant-based Fish Feed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plant-based Fish Feed Market - Supply Chain
4.5. Global Plant-based Fish Feed Market Forecast
4.5.1. Plant-based Fish Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plant-based Fish Feed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plant-based Fish Feed Market Absolute $ Opportunity
5. Global Plant-based Fish Feed Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plant-based Fish Feed Market Size and Volume Forecast by Type
5.3.1. Organic Feed
5.3.2. Conventional Feed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plant-based Fish Feed Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plant-based Fish Feed Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Household
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plant-based Fish Feed Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plant-based Fish Feed Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plant-based Fish Feed Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plant-based Fish Feed Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plant-based Fish Feed Demand Share Forecast, 2019-2026
9. North America Plant-based Fish Feed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plant-based Fish Feed Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plant-based Fish Feed Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Household
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plant-based Fish Feed Market Size and Volume Forecast by Type
9.7.1. Organic Feed
9.7.2. Conventional Feed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plant-based Fish Feed Demand Share Forecast, 2019-2026
10. Latin America Plant-based Fish Feed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plant-based Fish Feed Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plant-based Fish Feed Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Household
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plant-based Fish Feed Market Size and Volume Forecast by Type
10.7.1. Organic Feed
10.7.2. Conventional Feed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plant-based Fish Feed Demand Share Forecast, 2019-2026
11. Europe Plant-based Fish Feed Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plant-based Fish Feed Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plant-based Fish Feed Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Household
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plant-based Fish Feed Market Size and Volume Forecast by Type
11.7.1. Organic Feed
11.7.2. Conventional Feed
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentil Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plant-based Fish Feed Demand Share, 2019-2026
12. Asia Pacific Plant-based Fish Feed Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plant-based Fish Feed Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plant-based Fish Feed Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Household
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plant-based Fish Feed Market Size and Volume Forecast by Type
12.7.1. Organic Feed
12.7.2. Conventional Feed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plant-based Fish Feed Demand Share, 2019-2026
13. Middle East & Africa Plant-based Fish Feed Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plant-based Fish Feed Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plant-based Fish Feed Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Household
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plant-based Fish Feed Market Size and Volume Forecast by Type
13.7.1. Organic Feed
13.7.2. Conventional Feed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plant-based Fish Feed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plant-based Fish Feed Market: Market Share Analysis
14.2. Plant-based Fish Feed Distributors and Customers
14.3. Plant-based Fish Feed Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ADM Animal Nutrition
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MJI Universal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tate & Lyle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Diana Aqua
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Maschinenfabrik Reinartz GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kemin Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Skretting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BIOMIN Benelux
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aller Aqua
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BioMar
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Roquette
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Prairie Aquatech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Green Plains
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Duynie Ingredients
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
