North America Aqua Feed Market Size 2021 Global Statistics, Share, Growth Factors, Industry Trends, Competition Strategies, Revenue Analysis, Key Players, Regional Analysis by Forecast to 2023
Posted on Jul 7 2021 7:23 AM
"North America Aqua Feed Market 2021 Industry research report covers the industry overview with Market Size, Share, Growth, futuristic cost, revenue, demand and supply data. "
Global North America Aqua Feed Market Report organizes across the globe into distinct portion based on industry standards. It also distinguishes the market based on geographical regions. The North America Aqua Feed report mainly throws light on dominant players in the regions of (North America, Europe, China, Japan, Latin America and India). Other regions can be added accordingly. North America Aqua Feed Market Report Focuses on the key global North America Aqua Feed manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in forecast period.
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The North America Aqua Feed Market report quantifies the market share held by the significant players of the industry and gives an in-depth view of the competitive landscape. This market is classified into different segments with a comprehensive analysis of each with respect to a geography for the research period.
North America Aqua Feed Market report offers a comprehensive view regarding the competitive landscape of the North America Aqua Feed market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R&D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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North America is the most advanced producer of animal feeds, globally, but has a relatively small aquaculture industry. Leading producers are investing in R&D to develop effective and nutritious feed at cheaper cost. In North America, growing inclination towards salmon farming, rising demand for seafood and governmental interest led to a higher demand for aqua feed from aquaculture species. The demand for aqua feed is limited in the region because of relatively less production, but nevertheless demand has been for live fish and other sea food products.
The United States and Canada are focusing on expansion of aquaculture in onshore and offshore waters. Intensive farming methods are largely practiced in North America. North America follows strict environmental regulations and strict regulations are imposed on the use of antibiotics and hormones to ensure the safety of products. The producers are involved in finding cheaper alternatives for the costly raw materials, such as fishmeal and fish oil. The reduction in the cost of feeds is expected to create greater acceptance of these products, among the farmers.
A Positive Step for Aqua Culture Industry in the United States
The United States government as a part of its push to reduce trade deficit has approved federal funding of USD 9.3 million for research to develop the countryâ€™s aquaculture industry through the National Oceanic and Atmospheric Administration (NOAA) of the United States. This policy is in line with the America First policy of the US government to reduce its import bill and create more jobs at home. This initiative by the government is expected to support the development of the aqua culture industry and as a consequence the aqua feed industry in the United States.
The Canadian Aqua Feed Industry Has Increased Its Capacity to Meet the Increasing Demands of both Domestic and Export Markets
Seafood is the largest single food commodity exported by Canada. Salmon, trout, mussels, oysters, and clams dominate the Canadian aquaculture production. Although aquaculture in Canada is a recent activity, the industry is expected to expand further to meet the increased demand for seafood in the local market, as well as in the United States market. The aqua feed industry is also expected to grow due to the rising consumer awareness about healthy and safe seafood. The country is known for safe, high-quality fish and seafood products. The combination of natural resources and geographical advantages provides a strong platform for marine, as well as freshwater aquaculture.
Major Players: NUTRIAD INTERNATIONAL NV, BIOMAR A/S and ALLER AQUA A/S amongst others
KEY DEVELOPMENTS IN THE MARKET
October, 2017: Epicore, a company operating in the North American and South American aquaculture market with specialization in the manufacture of larval feed and probiotics was acquired by Neovia. Neovia intends to leverage its supply chain and its R&D network and the expertise of Epicore to develop its aquaculture business.
January, 2018: Butterfly Equity, a Los Angeles based private equity firm specializing in the food sector has acquired Mexico based Pacifico Aquaculture. The company is known in the markets of USA and the Americas for non-hybrid striped Bass besides other types of species which it produces in its farm site.
Reasons to Purchase this Report:
Provides latest insights into the North America Aqua Feed industry.
Gives a detailed analysis of the competitive landscape in the aqua feed industry
Analyzes the market scenario with the help of Porterâ€™s Five Forces Analysis.
Forecasts the market value by assessing the impact of the market drivers and constraints.
Impact of government funding for research projects on the aqua feed market in the United States
3 months analyst support, along with the Market Estimate Sheet (in excel).
Report Customization and Benefits:
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global North America Aqua Feed Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of North America Aqua Feed.
Regional Market Analysis:
The North America Aqua Feed Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global North America Aqua Feed Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with North America Aqua Feed procedures.
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Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
188.8.131.52 South Korea
184.108.40.206 Rest of Asia-Pacific
6.2.2 North America
220.127.116.11 United States
18.104.22.168 Rest of North America
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
6.2.4 South America
188.8.131.52 Rest of South America
6.2.5 Middle East & Africa
184.108.40.206 South Africa
220.127.116.11 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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