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The aquatic feed ingredients and products market size is forecast to increase by USD 4,728 billion, at a CAGR of 5.8% between 2023 and 2028. The market is experiencing significant growth due to several key trends. The increasing production of nutrient-rich, aquatic-based food sources is driving market growth, as aquaculture continues to expand to meet the rising demand for seafood. Furthermore, the increasing demand for aquaculture feed is driven by some of the largest consumers worldwide, including carp, marine shrimps, tilapias, salmons, trouts, and freshwater crustaceans. Additionally, technological advancements are improving the efficiency and sustainability of aquaculture operations, leading to the development of innovative feed ingredients and products. Furthermore, there is a growing inclination toward vegan and vegetarian diets, which is creating opportunities for plant-based feed ingredients in the market. These trends are expected to continue shaping the market dynamics in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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