Fishmeal & Fish Oil Market to Generate $15.4 billion Revenue by 2027
According to MarketsandMarkets, the global fishmeal & fish oil market is estimated to be valued at USD 12.1 billion in 2022. It is projected to reach USD 15.4 billion by 2027, with a CAGR of 4.9%, in terms of value between 2022 and 2027. Fishmeal & fish oil are included in livestock feed to enhance their nutritional content and enable the livestock animals to meet their nutritional requirements,...
Growth Strategies Adopted by Major Players in the Aquafeed Market
The aquafeed market is estimated to be valued at USD 47.3 billion in 2019 and is projected to reach USD 71.7 billion by 2025, growing at a CAGR of 7.2% during the forecast period. The growth in the global consumption of aquafeed has continued to be significant due to the growing aquaculture industry. Global aquaculture production has grown rapidly during the past decades, contributing significant...