Aquafeed pellet is made of amount of ingredients in various proportion that are pelleted or extruded to the compound diet, which have good shapes, full gelatinization and high level of protein.
The nutrient components in fish feed mainly consists of protein, starch (sinking aquafeed consists more than 10% and floating aquafeed consists more than 20%), crude fat, raw fiber, crude ash, vitamin and minerals. Protein provides energy and builds muscles. Vitamins and minerals can enhance natural resistance and feed conversion rate. Starch has great gelatinization under high temperature and high humidity conditions. It can improve the stability of aquafeeds and extrusion density of extruded aquafeeds.
According to the new market research report “Global Aqua Feed Market Report 2023-2029”, published by QYResearch, the global Aqua Feed market size is projected to reach USD 53.74 billion by 2029, at a CAGR of 6.7% during the forecast period.
Figure. Global Aqua Feed Market Size (US$ Million), 2018-2029
Figure. Global Aqua Feed Top 22 Players Ranking and Market Share（Based on data of 2021, Continually updated）
The global key manufacturers of Aqua Feed include Nutreco, Tongwei Group, Haid Group, BioMar, Cargill, CP Group, Yuehai Feed, Grobest, New Hope Group, Evergreen Feed, etc. In 2021, the global top five players had a share approximately 35.0% in terms of revenue.
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