The Future of the North American Aquafeed Industry: Trends & Insights
The North American Aquafeed Market is valued at USD 1,987.8 million in 2024 and is anticipated to grow at a CAGR of 6.2%, reaching USD 2,687.9 million by 2029. This market includes the United States, Canada, and Mexico, with North America being a major importer of aquaculture products and exhibiting high consumption of fish and seafood. According to the 2020 Fisheries of the United States report,...
Exploring the Future of the Compound Feed Market: A Comprehensive Analysis
The compound feed market size was valued at USD 541.2 billion in 2023 and is poised to reach USD 668.3 billion by 2028, growing at a CAGR of 4.3% from 2023 to 2028. The compound feed market has witnessed significant growth over the past few years, driven by the increasing demand for animal protein, advancements in animal husbandry, and rising global awareness of sustainable food production. Compound...
Feed Acidulants Market: Trends, Drivers, and Future Outlook
The global feed acidulants market is a key segment within the broader animal feed industry, driven by the growing demand for quality and safe animal products. Acidulants are organic or inorganic acids used to adjust the pH levels of animal feed, improving its digestibility, preserving feed quality, and promoting overall animal health. As the global population continues to increase, the demand for...
Aquafeed Market Dynamics: Key Players and Competitive Strategies
The aquafeed industry is expected to grow from USD 59.0 billion in 2024 to USD 84.2 billion by 2029, reflecting a CAGR of 7.4% during this forecast period. This growth is fueled by increasing seafood demand and advancements in aquaculture technologies. According to the FAO, global aquaculture production hit a record 130.9 million tonnes in 2022, accounting for 51% of total fish production. This increase...
Future of Feed Industry 2024: Key Trends Shaping Tomorrow’s Culinary Landscape
The feed industry is undergoing constant transformation, driven by the growing adoption of new technologies that enhance efficiency and cost-effectiveness. This evolution marks a shift towards innovation, sustainability, and the integration of advanced technologies. The feed industry is set on expanding through increased investments in tech-driven innovations, especially in areas like AI/ML-powered...
Feed Phosphates Market Analysis by Key Players, Geography, and Major Segments Forecast
The feed phosphates Industry is an essential component of the global animal feed industry, providing crucial nutrients that enhance the health and growth of livestock. Phosphates are used in animal feed to ensure optimal growth, improve fertility, and strengthen bone development. The market is driven by the increasing demand for meat and dairy products, which requires efficient and nutritious...
Feed Phosphates Market Size, Growth Opportunities, Current and Future Trends and Industry Forecast
The feed phosphates Industry is an essential component of the global animal feed industry, providing crucial nutrients that enhance the health and growth of livestock. Phosphates are used in animal feed to ensure optimal growth, improve fertility, and strengthen bone development. The market is driven by the increasing demand for meat and dairy products, which requires efficient and nutritious...
Feed Robotics Market Analysis by Key Players, Geography, and Major Segments Forecast
The Feed robotics market is experiencing significant growth, driven by the increasing demand for automation in the agricultural sector. Robotics in feed production and management is enhancing efficiency, precision, and sustainability. This overview provides insights into the current market trends, key drivers, challenges, and future prospects.
The feed robotics market size is projected...
Feed Premix Market Overview, Trends, Growth Drivers, Opportunities, and Forecast
The feed premix market size is predicted to grow at a CAGR of 6.2% between 2021 and 2026, reaching a value of $32.9 billion by 2026 from a projection of $24.3 billion in 2021. The global feed premix market is expected to grow due to various factors, including increasing demand for animal protein, rising awareness of animal nutrition and health concerns, technological advancements, and the adoption...
Aquafeed Market Size, Industry Overview, Trends, and Forecast
The aquafeed market size is projected to reach USD 88.0 billion by 2028 from USD 61.8 billion by 2023, at a CAGR of 7.3% during the forecast period in terms of value. Due to diminishing wild fish stocks and the limited availability of seafood, aquaculture has grown significantly. A greater need for aquafeed products has been generated by the expansion of aquaculture operations, particularly...