Increasing consumption and growing acceptance of aquafeed are expected to boost the global aquafeed market

Aquafeed is a commercially produced food for aquatic species such as crustaceans, fish, and mollusks that is widely used in aquaculture. Aquaculture is a growing source of food production that includes the farming of aquatic species. Aquafeed ingredients include marine and land animals, as well as plants. Aquafeed Market is critical for the aquaculture industry because of the numerous benefits it provides, including nutrition and immune resistance. Over the forecast period, the aquafeed market is expected to grow due to the growing aquaculture industry. According to the Food and Agriculture Organization of the United Nations (FAO), global aquaculture production in 2015 reached 106 million tonnes.

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