Monday, August 11, 2014

11/08/2014: Global aquafeed market growing at over 12 percent per year

The global market for aqua feed is expected to reach US$133.1 billion by 2020, according to a new study with growth particularly high in countries such as China and Vietnam due to increasing yield and higher efficiencies.

Grand View Research Inc said that the increasing use of aqua feed in carp and crustacean farming is expected to boost market demand over the forecast period.

The market was estimated to be worth around US$55,685 million in 2012 and is expected to reach US$106,696 million by 2018, growing at an annual rate of over 12 percent, says the report

Read more HERE.

The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
magazine International Aquafeed which is published by
Perendale Publishers Ltd

For additional daily news from aquaculture around the world: aquacutlure-news

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