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Middle East and Africa Aquafeed Market study, outlook and Opportunity Assessment




(ARABNEWSWIRE.COM, October 07, 2017 ) According to the report Middle East and Africa Aquafeed Market, published by Market Data Forecast the Market was worth USD 7.70 billion in 2016 and estimated to be growing at a CAGR of 7.14%, to reach USD 10.65 billion by 2021. Aqua feed is a mixture of raw materials, additives and other supplements, sourced from either natural or synthetic sources and are fed to the aquaculture.

Aqua feed additives include amino acids, vitamins, minerals, enzymes, probiotics, antibiotics, flavors and colorants are the most common additives blended to form fish feed. Fish production in the world is mainly from both Aquaculture and Capture. The end consumers of Aqua feed are fish, molluscs, crustaceans etc. Tilapia is the most farmed fish, raised in 135 countries whereas Shrimp is the largest aquaculture commodity.

Browse market data tables and in-depth TOC of the Middle East and Africa Aquafeed Industry to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-aquafeed-market-666/

The growth of the Middle east and Africa Aquafeed market is majorly driven by factors such as the growth in fish consumption, increase in mass production of fish, and limited availability of marine feed resources. Strict regulatory structures, volatile economies, and increasing cost of operations are the major hindrances for the market in this region. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-aquafeed-market-666/request-sample

The Middle east and Africa Aquafeed market is segmented based on End Use and Additives. On the basis of End Use, the global Aquafeed market is segmented into Fish, Mollusks, and Crustaceans. Fish is further sub segmented into Carp, Salmon, Tilapia, Catfish, and others. Mollusks is further sub segmented into Shrimp, Crab, and others. Crustaceans is further sub segmented into Oyster, Mussel, and others. On the basis of Additives, the global Aquafeed market is segmented into Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders.
The market has been geographically segmented into Middle east and Africa and is projected to be one of the fastest-growing Aquafeed markets in the world. In terms of revenue, South Africa leads the market in this region. The market in this region has the lowest share of the global market due to unawareness of the farming community about the uses and benefits of fish feed additives.

Inquire before buying @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-aquafeed-market-666/inquire

Some of the major companies dominating the market in this region are Cargill, Inc., Nutreco N.V., Alltech Inc., AllerAqua A/S, Beneo GmbH, Biomar A/S, Charoen Pokphand Foods Public Company Limited, and Coppens International B.V.

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com

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