Aquafeed Market Generate Revenues Worth USD 133.10 Billion By 2022 : Grand View Research Inc.
San Francisco, 15 October 2019: The Report Aquafeed Market By Application (Carp, Mollusks, Salmon, Crustaceans, Tilapia, Catfish) & Aquaculture Additive Market by Product (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers) And Segment Forecasts To 2022 The global aquafeed market size is anticipated to reach USD 133.1 billion by 2022, according to a new study by Grand View Research, Inc. Growing usage of aquafeed in crustacean and carp farming is likely to fuel demand over the course of the forecast period. Static natural production of fishes is expected to boost an already thriving market for aquaculture. Moreover, rising focus on nutraceuticals, such as omega 3-enriched products, is slated to generate immense opportunities for aquafeed applications. Prominent aquaculture additives include amino acids and antibiotics. They cannot be synthesized by fish but are vital for regular body mechanism. Amino acids held the dominant share in terms of product, amounting to an esti