#Aquatic Feed Ingredients and Products Market

[24marketresearch]

Aquatic Feed Ingredients and Products Market, Global Outlook and Forecast 2025-2032

The Latin America Wiring Harness in Military, Aerospace & Space Market refers to specialized electrical interconnection systems used in mission-critical applications. These wiring harnesses consist of complex assemblies of cables, connectors, and protective components designed to operate under extreme environmental conditions. They ensure power distribution, signal transmission, and data communication across various defense, aerospace, and space applications.

In military applications, wiring harnesses are integral to combat vehicles, radar systems, unmanned aerial vehicles (UAVs), and electronic warfare systems. In aerospace, they enable seamless operations in aircraft, helicopters, and avionics. The space segment relies on highly durable wiring harnesses for satellite systems, propulsion mechanisms, and onboard electronics.

These systems comply with rigorous industry standards, including MIL-STD (Military Standards), AS9100 (Aerospace Quality Standard), and NASA-STD (Space-Grade Specifications), ensuring high reliability and safety.

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The Latin America Wiring Harness in Military, Aerospace & Space Market was valued at US$ 412 million in 2024 and is projected to reach US$ 605 million by 2030, growing at a CAGR of 6.6% during the forecast period (2024-2030).

Key Market Insights:

Growing defense investments drive demand for military wiring harnesses in Latin America.

Expanding aerospace manufacturing hubs in Brazil and Mexico fuel market growth.

Rising satellite launches and space exploration projects create opportunities for space-grade harnesses.

Adoption of lightweight materials and fiber-optic technology enhances performance and efficiency.

The market’s upward trajectory is fueled by government initiatives in defense modernization, private sector investments, and technological advancements in wiring systems.

Market Dynamics 

Drivers

Increasing Defense BudgetsCountries like Brazil, Mexico, and Argentina are expanding their military expenditures, leading to increased demand for advanced electrical interconnect solutions.

Aerospace Industry ExpansionBrazil’s Embraer S.A., one of the world’s leading aerospace manufacturers, is a key player in Latin America’s aerospace sector, creating consistent demand for wiring harnesses.

Rising Satellite and Space Exploration ProgramsLatin American space agencies and private firms are increasing investments in satellite programs, necessitating robust wiring solutions.

Technological AdvancementsThe introduction of smart wiring harnesses, AI-driven diagnostics, and fiber optics is revolutionizing military and aerospace connectivity.

Restraints

High Compliance and Certification Costs

Supply Chain Dependencies on Imported Components

Skilled Workforce Shortage for specialized wiring manufacturing

Opportunities

Expansion of Local Manufacturing to reduce import reliance

Strategic Collaborations with Latin America Aerospace Firms

Advancements in High-Temperature and EMI-Resistant Wiring Solutions

Challenges

Counterfeit Components impacting reliability

Political and Economic Uncertainties affecting defense budgets

Regional Analysis

Brazil 

Leading aerospace manufacturing hub with companies like Embraer.

Government-backed defense initiatives boost military wiring harness demand.

Mexico 

Major exporter of aerospace components, hosting Boeing, Airbus, and Bombardier facilities.

Expanding production capacity for military and aerospace electrical components.

Argentina

Investing in satellite technology and defense modernization.

FAdeA (Fábrica Argentina de Aviones) is a key industry player.

Others

Chile, Colombia, Peru, and Venezuela show emerging potential in military and aerospace applications.

Competitor Analysis 

Major Market Players:

Embraer S.A. – Leading aerospace manufacturer

Latecoere – Specialized in aircraft electrical wiring

L3Harris Technologies – Advanced defense and aerospace components

TE Connectivity – High-performance connectors and cabling solutions

Carlisle Interconnect Technologies – Ruggedized cabling for extreme environments

Amphenol Corporation – Military and aerospace interconnect solutions

GKN Aerospace – Wiring solutions for aviation and defense

Market Segmentation (by Application)

Communication Systems – Used in military-grade radios, aircraft communication modules, and satellite networks.

Navigation Systems – Found in avionics, GPS systems, and UAV guidance systems.

Military Ground Equipment – Applied in armored vehicles, ground radar stations, and electronic warfare units.

Power Distribution – Used in aircraft electrical systems, satellites, and missile defense networks.

Others – Covers specialized applications such as drone wiring and space probes.

Market Segmentation (by Type)

Coaxial Wiring Harnesses – Used in high-frequency communication and radar systems.

Ribbon Wiring Harnesses – Applied in lightweight aerospace designs and avionics.

Twisted Pair Wiring Harnesses – Designed for EMI-resistant military and space applications.

Key Company

Embraer S.A.

Latecoere

L3Harris Technologies

TE Connectivity

Carlisle Interconnect Technologies

Amphenol Corporation

GKN Aerospace

Meneta

InterCon Systems

Saab AB

Geographic Segmentation

Brazil

Mexico

Argentina

Chile

Colombia

Peru

Venezuela

FAQ 

What is the current market size of the Latin America Wiring Harness in Military, Aerospace & Space Market?

➣ The market was valued at US$ 412 million in 2024 and is projected to reach US$ 605 million by 2030, growing at a CAGR of 6.6%.

Which are the key companies operating in the Latin America Wiring Harness Market?

➣ Leading companies include Embraer S.A., L3Harris Technologies, TE Connectivity, Amphenol Corporation, and Carlisle Interconnect Technologies.

What are the key growth drivers in the Latin America Wiring Harness Market?

➣ Key drivers include rising defense budgets, aerospace expansion, satellite investments, and technological advancements.

Which regions dominate the Latin America Wiring Harness Market?

➣ Brazil (48%), Mexico (32%), and Argentina (12%) hold the largest market shares.

What are the emerging trends in the Latin America Wiring Harness Market?

➣ Emerging trends include lightweight materials, AI-driven diagnostics, local production expansion, and smart wiring systems.

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Wiring Harness in Military, Aerospace & Space revenues in Latin America market, 2019-2024 (Estimated), ($ millions)

Key companies Wiring Harness in Military, Aerospace & Space revenues share in Latin America market, 2023 (%)

Key companies Wiring Harness in Military, Aerospace & Space sales in Latin America market, 2019-2024 (Estimated),

Key companies Wiring Harness in Military, Aerospace & Space sales share in Latin America market, 2023 (%)

Key Points of this Report:

The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

The report covers Latin America and country-wise market of Wiring Harness in Military, Aerospace & Space

It describes present situation, historical background and future forecast

Comprehensive data showing Wiring Harness in Military, Aerospace & Space capacities, production, consumption, trade statistics, and prices in the recent years are provided

The report indicates a wealth of information on Wiring Harness in Military, Aerospace & Space manufacturers

Wiring Harness in Military, Aerospace & Space forecast for next five years, including market volumes and prices is also provided

Raw Material Supply and Downstream Consumer Information is also included

Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

Analyzing the outlook of the market with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Distribution Channel sales Analysis by Value

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

1-year analyst support, along with the data support in excel format.

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[researchyblog]

Feed and Aquafeed Market Size, Trends, and Growth Forecast to 2025

Market Overview

The feed and aquafeed market is experiencing significant growth due to increasing demand for high-quality animal and aquatic nutrition. The livestock and aquaculture industries rely on specialized feed formulations to enhance animal health, productivity, and sustainability. The rising global demand for meat, dairy, eggs, and seafood, along with advancements in feed technology, is driving market expansion.

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Key Segments

Animal Feed (Livestock Feed)

Poultry Feed

Cattle Feed (Dairy & Beef)

Swine Feed

Pet Food

Others (Sheep, Goat, Equine)

Aquafeed (Fish & Shrimp Feed)

Fish Feed (Salmon, Tilapia, Catfish, etc.)

Shrimp Feed

Mollusk & Crustacean Feed

Market Insights

Market Growth Drivers

Rising Demand for Animal Protein: Increasing consumption of meat, dairy, and seafood is fueling demand for high-nutrition feed.

Technological Advancements in Feed Formulation: Innovation in pelletized, extruded, and medicated feeds improves animal growth rates.

Growth in the Aquaculture Industry: The shift toward sustainable seafood production is increasing demand for nutrient-rich aquafeed.

Increasing Focus on Gut Health & Immunity: Probiotics, enzymes, and functional additives in feed are gaining popularity.

Government Support for Sustainable Farming: Policies promoting alternative protein sources (e.g., insect-based feed, algae, and plant-based proteins) are shaping the market.

Market Challenges

Fluctuating Raw Material Prices: Soybean meal, fishmeal, and corn price volatility impact feed production costs.

Environmental Concerns: Overfishing for fishmeal and the carbon footprint of feed production pose sustainability challenges.

Strict Regulations on Antibiotics & Additives: Many regions are restricting antibiotic growth promoters in livestock and fish feed.

Disease Outbreaks in Aquaculture & Livestock: Disease risks such as African swine fever and white spot syndrome impact feed demand.

Get full report @ https://www.statsandresearch.com/report/25583-global-feed-aquafeed-market/

Key Players in the Feed & Aquafeed Market

The market is dominated by major global and regional players focusing on high-performance feed solutions.

Top Feed Companies

Cargill, Inc. (USA) – A global leader in livestock, poultry, and aquafeed solutions.

Archer Daniels Midland (ADM) (USA) – A major producer of animal nutrition and feed ingredients.

Nutreco N.V. (Trouw Nutrition & Skretting) (Netherlands) – Specializes in livestock and fish feed.

BASF SE (Germany) – Develops feed additives and functional ingredients.

Alltech Inc. (USA) – Focuses on probiotics, enzymes, and gut health solutions.

Top Aquafeed Companies

Skretting (Nutreco Group) (Netherlands) – A leader in sustainable fish and shrimp feed.

BioMar Group (Denmark) – Specializes in aquafeed solutions with alternative protein sources.

Ridley Corporation (Australia) – A major player in aquaculture and livestock feed.

Charoen Pokphand Foods (CPF) (Thailand) – A key aquafeed and livestock feed producer in Asia.

Regional Analysis

1. North America

United States & Canada: High demand for precision livestock feed & sustainable aquafeed.

Strict FDA regulations on feed additives and antibiotics.

Strong presence of feed industry giants (Cargill, ADM).

2. Europe

Germany, Netherlands, UK, France: Emphasis on organic and antibiotic-free feed.

EU restrictions on fishmeal & soy-based feed drive demand for alternative proteins.

Sustainability and environmental policies shaping the industry.

3. Asia-Pacific

China & India: Largest livestock and aquaculture markets with growing feed demand.

Thailand & Vietnam: Strong shrimp and fish feed industries.

Australia: High adoption of high-performance aquafeed solutions.

4. Latin America

Brazil & Argentina: Leading soybean and corn producers for feed ingredients.

Growing poultry and aquaculture feed industry.

5. Middle East & Africa

South Africa & Gulf Countries: Increasing demand for quality animal feed.

Aquaculture expansion in Egypt & Saudi Arabia.

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[nizonamarineproducts]

The Versatility of Hydrolyzed Fish Protein, Halal-Certified Collagen Peptides, and Chitosan in Animal Feed

In the evolving landscape of animal nutrition, incorporating sustainable and effective ingredients is essential. Hydrolyzed fish protein, Halal-certified fish collagen peptides, and chitosan are gaining traction as premium solutions for enhancing the health and productivity of livestock and aquaculture species. This article delves into their benefits and explores why purchasing hydrolyzed fish protein is a wise choice for the animal feed industry.

Hydrolyzed Fish Protein: A Sustainable Nutritional Powerhouse

Hydrolyzed fish protein is derived from fish by-products, offering a sustainable way to utilize resources that might otherwise go to waste. This protein is broken down into smaller peptides and amino acids, making it highly digestible and bioavailable for animals. Its rich amino acid profile supports muscle development, immune function, and overall growth in livestock and aquaculture species.

One of the major benefits of hydrolyzed fish protein is its ability to improve feed efficiency. Animals can absorb and utilize the nutrients more effectively, leading to better growth rates and reduced feed costs. Additionally, it enhances gut health by promoting the growth of beneficial gut flora, ensuring optimal digestion.

Halal-Certified Fish Collagen Peptides: Meeting Ethical Standards

For many markets, ensuring that animal feed ingredients are ethically sourced and compliant with Halal standards is crucial. Halal-certified fish collagen peptides offer a reliable option for meeting these requirements while delivering exceptional nutritional benefits.

Fish collagen peptides, derived from fish skin and scales, provide a source of essential amino acids, particularly glycine, proline, and hydroxyproline. These amino acids contribute to tissue repair, skin health, and joint strength in animals. Their Halal Certified Fish collagen peptide ensures that they adhere to strict ethical and processing guidelines, making them suitable for use in regions where Halal compliance is mandatory.

The Role of Chitosan in Animal Feed

Chitosan in animal feed, a biopolymer extracted from the exoskeletons of crustaceans, has emerged as a valuable addition to animal feed formulations. Known for its antimicrobial and immunostimulatory properties, chitosan plays a pivotal role in enhancing the health and productivity of animals.

In livestock, chitosan helps to reduce the risk of infections by inhibiting the growth of harmful pathogens in the gut. It also acts as a natural growth promoter, stimulating the immune system and improving nutrient absorption. In aquaculture, it supports water quality by binding to harmful substances, creating a healthier environment for fish and other aquatic species.

Why Buy Hydrolyzed Fish Protein?

Buy hydrolyzed fish protein and other innovative feed additives like Halal-certified fish collagen peptides and chitosan offers numerous advantages:

Enhanced Growth Performance: These ingredients ensure animals grow faster and healthier.

Improved Feed Efficiency: Better nutrient absorption means less feed waste.

Sustainability: By utilizing fish by-products, these ingredients contribute to reducing environmental impact.

Ethical Compliance: Halal certification ensures acceptance in diverse markets.

When purchasing hydrolyzed fish protein, it is essential to source it from reputable suppliers who adhere to quality and safety standards. Look for products with traceability, certifications, and proven efficacy to ensure optimal results.

Conclusion

Hydrolyzed fish protein, Halal-certified fish collagen peptides, and chitosan are revolutionizing animal feed formulations. Their nutritional benefits, sustainability, and ethical compliance make them indispensable in modern animal nutrition. By incorporating these premium ingredients, feed manufacturers can enhance animal health and contribute to a more sustainable future.

[cmfestr]

Animal Feed Organic Trace Minerals Market Overview

Animal Feed Organic Trace Minerals Market Overview

The animal feed organic trace minerals market refers to the sector involved in the production and supply of essential trace minerals in organic forms, which are incorporated into animal feed formulations.The global animal feed organic trace minerals market size was valued at USD 765.9 million in 2023 and is projected to reach USD 1.5 billion by 2032, registering a CAGR of 8.0% during the forecast period (2024-2032). The increasing demand for animal feed drives the growth of the animal feed organic trace minerals market. 

These minerals are vital for the proper growth, development, and overall health of livestock, poultry, aquaculture, and other animals. Organic trace minerals, unlike inorganic counterparts, are bound to organic compounds (like amino acids or peptides), enhancing their bioavailability and absorption, thereby improving the efficiency of animal growth and production.

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Organic trace minerals typically include Zinc, Copper, Manganese, Selenium, Iron, and others, all of which play crucial roles in enzyme activity, immune system support, bone health, reproduction, and overall well-being of animals.

Market Segmentation

The animal feed organic trace minerals market can be segmented in several ways:

By Animal Type:

Poultry: Organic trace minerals play a significant role in the growth and development of poultry. They enhance egg production, improve feather quality, and strengthen the immune system.

Ruminants: For cattle, sheep, and goats, organic trace minerals help in improving digestion, reproductive performance, and overall productivity.

Swine: Organic trace minerals are used to enhance growth rates, immune function, and overall health in pigs.

Aquaculture: Organic minerals improve growth, immunity, and disease resistance in fish and other aquatic species.

Others: Includes pets, horses, and other animals.

By Type of Mineral:

Zinc: Vital for growth, immune function, and enzyme activity.

Copper: Plays a role in the formation of red blood cells and collagen.

Manganese: Involved in bone development and enzyme activation.

Selenium: Essential for immunity and antioxidant properties.

Iron: Key for oxygen transport in the blood.

Others: Includes iodine, cobalt, and more.

By Form:

Liquid Organic Trace Minerals: Easier to incorporate into animal feed and offer faster absorption.

Dry Organic Trace Minerals: These are more stable and easier to store.

By Application:

Direct Feed Additives: Organic trace minerals added directly into animal feed formulations.

Premixes: Used in pre-manufactured animal feed blends.

Complete Feeds: Animal feed formulations that already include the required trace minerals.

By Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Market Dynamics

Drivers:

Increasing Demand for Animal Protein: The global rise in meat, milk, and egg consumption is driving the need for more efficient animal feed, leading to the adoption of organic trace minerals.

Health Concerns and Productivity Enhancement: Organic trace minerals offer improved bioavailability, which leads to better health outcomes for animals, such as improved immunity and growth. This helps in reducing diseases and improving overall productivity.

Consumer Shift to Organic and Natural Products: Consumers increasingly demand organic and sustainable food, which influences the livestock and feed industry to adopt organic feed ingredients, including trace minerals.

Regulatory Support: Governments are encouraging the use of organic ingredients in animal feed to improve food safety and reduce the use of antibiotics and synthetic additives in animal husbandry.

Challenges:

High Cost of Organic Trace Minerals: Organic trace minerals tend to be more expensive than inorganic alternatives, which can be a significant barrier for some farmers and feed producers.

Lack of Awareness in Developing Regions: In some developing countries, the awareness and knowledge of the benefits of organic trace minerals in animal nutrition are still low, which may hinder market growth.

Opportunities:

Growth in Aquaculture Industry: With the increasing demand for seafood, the use of organic trace minerals in aquaculture offers significant growth opportunities.

Technological Advancements: Ongoing research into new organic forms of minerals and the development of better production methods can further fuel market growth by improving cost-effectiveness and product efficacy.

Trends:

Focus on Sustainability: There is a growing trend toward sustainable animal farming practices, which is driving the adoption of organic trace minerals as they align with this movement.

Increased Focus on Animal Wellness: As animal welfare and health become increasingly important, there is an upward trend in using organic additives that enhance the overall well-being of animals.

Key Market Players

Alltech Inc.

Archer Daniels Midland Co.

Biochem

Tanke International Group

Cargill Inc.

Kemin Industries Inc

Mercer Milling Co. Inc.

Novus International Inc.

Nutrco NV

Pancosma SA

Royal DSM NV

Zinpro Corp.

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In-depth research services, such as competitive dynamics, market trends, and strategic insights across many industries, are offered by Straits Research, a market research and consulting organization. The company's specialty is providing organizations with current, accurate data and actionable intelligence to support their decision-making.

[shrutijadhav2139]

Earthworm Meal Market Insights Analysis and Overview of Key Factors Impacting Industry Dynamics

The earthworm meal market is gaining momentum as industries explore sustainable protein sources to meet global demand. Derived from dried and processed earthworms, earthworm meal offers an eco-friendly alternative for animal feed, aquaculture, and organic farming applications. This market is driven by increasing awareness of sustainability, environmental concerns, and the rising need for high-quality protein ingredients.

Key Factors Driving Industry Dynamics

Sustainability and Eco-Friendliness The growing emphasis on reducing environmental impacts is driving the adoption of earthworm meal. Its production requires minimal land, water, and energy compared to conventional protein sources like fishmeal and soybeans. Furthermore, earthworms convert organic waste into valuable protein, promoting circular economy practices and reducing waste accumulation.

High Nutritional Value Earthworm meal is rich in essential amino acids, proteins, minerals, and lipids, making it an excellent choice for various applications. Its nutritional profile supports animal growth, improves immunity, and enhances feed efficiency, making it a preferred ingredient in livestock, poultry, and aquaculture diets.

Increasing Demand in Aquaculture The aquaculture industry, which requires sustainable and efficient feed solutions, is a significant consumer of earthworm meal. With the depletion of traditional fishmeal resources, earthworm meal offers a viable and cost-effective alternative. It has demonstrated excellent performance in promoting growth and disease resistance in aquatic species.

Rising Organic Farming Practices Organic farming has witnessed significant growth, and earthworm meal plays a vital role in enhancing soil fertility. Its use as an organic fertilizer not only enriches soil nutrients but also supports sustainable agriculture, aligning with the increasing consumer preference for organic produce.

Government and Regulatory Support Supportive policies promoting sustainable agriculture and animal feed production are creating a favorable environment for the earthworm meal market. Regulations aimed at reducing reliance on unsustainable feed ingredients are encouraging manufacturers to adopt alternatives like earthworm meal.

Challenges Hindering Market Growth

Production Scalability One of the key challenges is scaling up production to meet the growing demand. Earthworm farming requires specific conditions and processes, which can limit mass production capabilities and drive up costs.

Lack of Awareness Limited awareness among potential end-users regarding the benefits and applications of earthworm meal is another barrier. Educating consumers, farmers, and aquaculture producers about its advantages is crucial for market expansion.

Competition from Alternatives The market faces competition from other sustainable feed options, such as insect-based protein and plant-based meals. While earthworm meal holds unique advantages, pricing and availability could influence adoption rates.

Emerging Trends Shaping the Market

Technological Advancements: Innovations in vermiculture and processing techniques are improving production efficiency and product quality.

Pet Food Applications: The pet food industry is exploring earthworm meal for its high protein content and digestibility.

Regional Expansion: Growth is particularly prominent in Asia-Pacific and North America due to aquaculture activities and rising sustainability efforts.

Conclusion

The earthworm meal market is poised for significant growth, driven by its sustainability, nutritional benefits, and diverse applications. Despite challenges like scalability and competition, the market’s future looks promising, with technological advancements and increasing demand from aquaculture and organic farming sectors shaping its trajectory. As awareness grows and production expands, earthworm meal is set to become a cornerstone of sustainable agriculture and feed solutions.

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The Global Fish Powder Market is projected to grow from USD 184.1 million in 2023 to an estimated USD 313.96 million by 2032, reflecting a robust compound annual growth rate (CAGR) of 6.9% from 2024 to 2032. The fish powder market has emerged as a vital segment within the global food and feed industry, driven by growing consumer demand for protein-rich diets, sustainable agriculture, and high-quality animal feed. Fish powder, made by processing whole fish or fish byproducts, serves as a rich source of essential nutrients, including proteins, vitamins, and omega-3 fatty acids. Its applications span multiple sectors, including aquaculture, poultry, livestock, pet food, and even human consumption. This article explores the key trends, drivers, challenges, and future prospects shaping the fish powder market.

Browse the full report at https://www.credenceresearch.com/report/fish-powder-market

Market Overview

Fish powder is produced by drying and grinding fish or fish byproducts into a fine, powdery form. It is primarily used as an ingredient in animal feed due to its high protein content, essential amino acids, and omega-3 fatty acids, which are crucial for the growth and health of livestock and aquatic animals. In human nutrition, fish powder is increasingly incorporated into ready-to-eat foods, dietary supplements, and fortified products, addressing malnutrition and protein deficiency issues, particularly in developing regions.

Key Market Drivers

Growing Aquaculture Industry The aquaculture sector, which accounts for over half of the global fish production, is a major consumer of fish powder. Fish meal, derived from fish powder, enhances the nutritional value of aquafeed, boosting the growth rate and overall health of aquatic species. As the demand for seafood rises, the aquaculture industry’s reliance on fish powder is expected to intensify.

Rising Demand for Animal Feed The livestock and poultry sectors are significant end-users of fish powder, leveraging its rich nutrient profile to improve the quality and yield of meat and eggs. Fish powder's inclusion in animal feed has proven to increase feed conversion ratios, making it a preferred choice among farmers.

Focus on Human Nutrition Increasing health awareness among consumers has fueled the demand for fish powder in human food products. Its high protein content and nutritional benefits make it an excellent ingredient for addressing malnutrition, particularly in developing countries. Fortified foods and protein supplements containing fish powder are gaining popularity among health-conscious individuals.

Sustainability and Byproduct Utilization The growing emphasis on sustainability has encouraged the use of fish byproducts in fish powder production. This approach minimizes waste and supports circular economy practices, making the industry more environmentally friendly.

Challenges in the Fish Powder Market

Despite its promising growth, the fish powder market faces several challenges:

Supply Chain Constraints: Seasonal fish availability and overfishing concerns can lead to raw material shortages, impacting production volumes.

Cost Volatility: Price fluctuations in raw materials and energy-intensive processing methods often lead to increased production costs.

Environmental Concerns: Unsustainable fishing practices and their impact on marine ecosystems pose significant challenges for the industry. Stricter regulations on fishing quotas and environmental sustainability add complexity to operations.

Competition from Alternatives: Plant-based protein sources, such as soybean and algae, are gaining traction as cost-effective and sustainable alternatives, posing competition to fish powder.

Future Trends and Opportunities

The future of the fish powder market lies in innovation and sustainability. Companies are investing in advanced fish processing technologies to enhance efficiency and product quality. Efforts to source raw materials sustainably and develop alternative ingredients for fish powder production are gaining momentum. Moreover, the exploration of novel applications, such as biofertilizers and cosmetics, presents exciting opportunities for diversification.

Key players

Polfish and Oceana Group

Aksha Fish Meal and Oil

Austevoll Seafood ASA (Laco AS)

Omega Protein Corporation

FMC Corporation

Croda International Plc.

Oceana Group Limited

GC Rieber Oil

Rongcheng Hisheng Feed

Zhejiang FengYu Halobios

Segments

Based on Fish Species Type:

Anchovy

Sand Eel

Horse Mackerel

Sardine

Pilchard

Hilsa

Others

Based on Product Type:

Fish Protein Powder

Fish Meal Powder

Based on Application:

Animal Feed Industry

Swine

Poultry

Aquaculture

Others

Food Industry

Cosmetics and Personal Care

Other Applications

Based on Distribution Channel:

Business to Business (B2B)

Business to consumer (B2C)

Based on Region:

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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[industrynewsupdates]

Astaxanthin Market Forecast: Growth, Trends, and Opportunities

The global astaxanthin market was valued at USD 2.34 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is largely driven by the increasing demand for astaxanthin across various sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages.

Astaxanthin is a powerful antioxidant commonly used as a food ingredient in the aquaculture industry, especially for species such as prawns, salmon, trout, and ornamental fish. It enhances the coloration of these aquatic animals, which in turn increases their commercial value. Beyond its cosmetic effects, astaxanthin offers several health benefits for aquatic species. It helps improve stress tolerance, promotes better growth, boosts immune-related gene expressions, supports reproductive capacity, enhances survival rates, and increases disease resistance. Due to these benefits, major companies are intensifying their focus on product development and forming collaborative agreements to cater to the growing demand for astaxanthin in aquaculture.

The astaxanthin market is also characterized by significant innovation, with companies developing new formulations and sustainable production methods to meet the evolving market needs. A notable example of such innovation is Sirio Europe (SIRIO), which, in August 2023, announced plans to introduce two new softgel products targeted at the pharmaceutical sector during the CPHI Barcelona 2023 event. These new products represent a step toward diversifying the application of astaxanthin in different industries.

Additionally, the market is seeing considerable merger and acquisition (M&A) activity among leading companies. In January 2022, ENEOS Corporation made a strategic acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This move strengthens ENEOS' position in the astaxanthin market, particularly for its product Panaferd-AX. The merger underscores ENEOS' commitment to maintaining high-quality standards and meeting international certifications, which further supports the growth of the astaxanthin market.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market 

Regional Insights:

North America Astaxanthin Market Trends

North America is currently the largest market for astaxanthin, accounting for 36.53% of the global market share in 2023. The region’s demand for astaxanthin is largely driven by the rising prevalence of nutrition-related and skin-related health issues. Moreover, North America is home to major players such as Cyanotech, Piveg, Inc., and Beijing Ginko Group (BGG), as well as synthetic astaxanthin producers like Cardax, Inc.. These companies are expected to drive continued market growth throughout the forecast period. The region also benefits from a large consumer base that is increasingly health-conscious, coupled with a growing adoption of nutraceuticals and a well-established cosmeceutical industry. These factors collectively fuel the increasing demand for astaxanthin products in North America.

Asia Pacific Astaxanthin Market Trends

Asia Pacific, on the other hand, is expected to experience the fastest growth in the astaxanthin market over the forecast period. This growth is supported by increasing production capacities, higher research and development (R&D) expenditures, and strong economic growth in the region. Countries in the Asia Pacific are becoming key manufacturing hubs for astaxanthin, with several companies ramping up production to meet regional demand.

India

In India, the growing prominence of natural ingredients is contributing to the rising popularity of astaxanthin. For example, BodyFirst Wellness Nutrition, an Indian nutraceutical company, launched its range of products both nationwide and internationally after a successful market test. The company has already established a solid presence in North India through partnerships with 15 distributors. Its official launch aims for broader reach, including collaboration with 100 more distributors across India and expanding its global presence through online platforms. The launch highlights the increasing adoption of traditional, natural ingredients, such as ashwagandha and astaxanthin, in India’s burgeoning nutraceutical market.

Browse through Grand View Research's Category Pharmaceuticals Industry Research Reports.

• The global celiac disease treatment market size was valued at USD 582.5 million in 2023 and is projected to grow at a CAGR of 11.8% from 2024 to 2030.

• The global food allergy treatment market size was estimated at USD 6.87 billion in 2024 and is projected to grow at a CAGR of 8.27% from 2025 to 2030.

Key Companies & Market Share Insights:

The astaxanthin market features several key players, including Algatech Ltd., Cyanotech Corporation, and ALGAMO. These companies are enhancing their market positions by expanding into new geographical regions to increase their market share. Additionally, they are focusing on securing market approvals for innovative products aimed at addressing various health conditions.

Emerging players in the market are adopting strategies such as collaborations with research institutes and academic organizations to innovate and bring new products to market. These collaborations are helping to drive forward both product development and the establishment of new contracts, positioning these companies for future growth. Furthermore, the agility of emerging market players allows them to adapt quickly to changing market demands and technological advancements, making them more flexible than their larger, established counterparts.

Key Astaxanthin Companies:

• Algatech Ltd

• MicroA

• Cyanotech Corporation

• Algalíf Iceland ehf

• Beijing Gingko Group (BGG)

• PIVEG, Inc.

• Fuji Chemical Industries Co., Ltd

• ENEOS Corporation

• Atacama Bio Natural Products S.A.

• E.I.D. – Parry (India) Limited (Alimtec S.A., Valensa International)

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[global-research-report]

Feeding a Growing World: The Vital Role of Aquafeed in Global Aquaculture

The global aquafeed market was valued at USD 72.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The demand for aquafeed is primarily driven by its increasing use in the cultivation of various aquatic species, such as tilapia, carp, catfish, and salmon, which are among the most commonly farmed fish globally. This growth is further supported by the rising popularity of aquaculture as a method to meet the growing global demand for seafood.

The aquafeed market is highly fragmented, with numerous industry players operating across different segments of the value chain. Notable companies in the market include major players such as BioMar Group, Cargill, Inc., and Charoen Pokphand Foods PCL. These companies are strategically focusing on mergers and acquisitions, partnerships, portfolio expansions, and collaborations to strengthen their market position and diversify their product offerings.

Key Market Trends

Increasing Fish Farming Activities The growing preference for aquaculture as a sustainable and efficient method of food production is a significant driver for the aquafeed market. As wild fish stocks are increasingly depleted, fish farming is being promoted as a solution to ensure a steady, reliable supply of seafood. Aquaculture is considered a more sustainable alternative to traditional fishing, and as the global population continues to grow, the demand for farmed fish is expected to rise, subsequently boosting the need for aquafeed.

Preference for Natural and Organic Aquafeeds A key trend within the aquafeed market is the rising preference for natural and organic feed products. Consumers and manufacturers are becoming more conscious of the environmental impact of aquaculture practices. As a result, there is an increasing demand for plant-based and sustainably sourced aquafeeds that minimize the ecological footprint of fish farming. For example, Cargill has recently launched a new line of plant-based aquafeed called "Ewos Naturligvis" in Norway, which is made from sustainable ingredients such as wheat, soy, and corn. This feed product aims to provide optimal nutrition for fish while reducing the environmental impact of fish farming.

Advancements in Aquafeed Production Technologies The production of aquafeed is becoming increasingly technologically advanced, with both traditional and modern, technology-driven processes being employed to manufacture feed products. Modern technologies such as precision nutrition, genetic advancements, and microencapsulation are enabling manufacturers to create feed that is more nutritionally balanced, efficient, and sustainable. These innovations contribute to improved growth rates and feed conversion ratios in fish farming, making aquaculture operations more productive and profitable.

Sustainability Concerns and Ingredient Sourcing As the aquaculture industry expands, sustainability concerns are becoming more prominent. The sourcing of feed ingredients such as fishmeal and fish oil, which are traditionally derived from wild fish stocks, has raised concerns over overfishing and environmental degradation. In response to these concerns, there has been a growing shift towards plant-based alternatives and the use of sustainable ingredients in aquafeed formulations. This includes the use of algae, insects, and other sustainable protein sources that reduce the reliance on traditional fishmeal.

Regional Insights

Asia Pacific:

The Asia Pacific region dominated the global aquafeed market in 2022, accounting for more than 44.10% of the overall market revenue. The region is expected to maintain its dominant position throughout the forecast period, with continued growth at the fastest rate. Several factors contribute to this strong performance:

Substantial Growth in Aquaculture: Asia Pacific is the largest hub for aquaculture, particularly for farmed species like tilapia, carp, catfish, and shrimp. The region's extensive aquaculture operations and the increasing demand for fish products are key drivers of the market.

Cost Advantage: The availability of cheap labor and favorable conditions for aquaculture in countries like China, India, and Vietnam help reduce production costs and increase the profitability of fish farming, making aquafeed production more economically viable.

Abundant Natural Resources: The region is rich in natural resources essential for aquaculture, such as water bodies and suitable climatic conditions for farming aquatic species. This makes it easier to scale up production and meet both domestic and international demand for seafood.

With growing seafood consumption and an expanding aquaculture sector, Asia Pacific is expected to retain its leadership in the global aquafeed market throughout the forecast period.

Europe:

Europe’s aquaculture industry has seen significant growth, particularly in countries like the U.K., France, Italy, and Spain. This expansion is fueled by several key trends:

Improvements in Environmental Management: European countries have increasingly focused on sustainable practices in aquaculture, improving environmental management and ensuring the sustainability of fish farming. This includes enhanced water quality management, eco-friendly practices, and efficient feed usage.

Feed Efficiency and Nutrient Consumption: There has been a notable improvement in the feed efficiency and nutrient consumption by aquatic species, which has helped boost the productivity and profitability of aquaculture operations in the region. These improvements contribute to the growing demand for high-quality aquafeed products.

Strong Regulatory Framework: Europe's strong regulatory environment, particularly related to sustainability and environmental impact, is also a key factor driving the demand for more efficient and sustainable aquafeed solutions.

In the coming years, Europe is expected to continue benefiting from these factors, along with a growing preference for seafood among consumers, further propelling the market's growth.

North America:

The North America aquafeed market is also expected to experience significant growth over the forecast period. Several factors are driving the expansion of the region's aquaculture sector:

Rising Seafood Consumption: There is an increasing demand for various types of seafood, such as salmonids (like salmon), mollusks (including oysters and mussels), and other shellfish like hard clams. This trend is driving the growth of aquaculture and, in turn, the demand for high-quality aquafeed products.

Growing Aquaculture Sector: The expansion of aquaculture operations, particularly in North American coastal areas where species like salmon, mussels, and oysters are farmed, is fueling the growth of the aquafeed market. The growing focus on sustainable seafood production also aligns with the increasing demand for more efficient and eco-friendly aquafeeds.

Technological Advancements: North America is witnessing significant advancements in aquaculture technologies, including precision feeding and sustainable aquafeed formulations, which contribute to more efficient and environmentally friendly fish farming practices.

As a result, North America is poised to see substantial growth in its aquafeed market, driven by increasing seafood demand, technological innovations, and a growing focus on sustainability in aquaculture practices.

Browse through Grand View Research's Category Animal Feed and Feed Additives Industry Research Reports.

The global methionine market size was valued at USD 3.37 billion in 2023 and is projected to grow at a CAGR of 9.1% from 2024 to 2030.

The global mulching materials market size was estimated at USD 3.89 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030.

Key Aquafeed Companies

Some of the prominent players in the global aquafeed market include:

Cargill, Inc.

BioMar Group

Ridley Corp. Ltd.

Aller Aqua

BENEO

Alltech

Aker Biomarine

Charoen Pokphand Foods PCL

Skretting

Purina Animal Nutrition LLC

Dibaq Aquaculture

INVE Aquaculture

Avanti Feeds Ltd.

Biostadt India Ltd.

The Waterbase Ltd.

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

[marketanalysisdata]

Astaxanthin Market Share and Growth Information Analysis Report by 2030

The global astaxanthin market was valued at USD 2.34 billion in 2023, with a projected compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by rising demand across multiple sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin is particularly valued in aquaculture as a feed ingredient for prawns, salmon, trout, and ornamental fish to enhance their coloration, which increases their commercial appeal. Besides improving pigmentation, astaxanthin also contributes to enhanced stress tolerance, improved performance, immune support, reproductive health, increased survival rates, and disease resistance in aquatic animals. To meet this demand, major market players are focusing on product innovation and forming partnerships, especially in the aquaculture sector.

Organizations promoting awareness about astaxanthin’s applications further support market growth. The Natural Algae Astaxanthin Association (NAXA), for example, plays a significant role in advocating for natural astaxanthin, promoting its benefits across various industries, supporting research, and certifying products with the NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

To expand market reach, companies are leveraging strategies such as product launches and collaborations with leading firms in key industries. For example, in May 2022, Algalif partnered with Divi’s Nutraceuticals to launch AstaBeads, a high-concentration astaxanthin beadlet targeting sports nutrition and healthy aging applications. This collaboration is poised to boost market penetration of natural astaxanthin products. Furthermore, The Lubrizol Corporation introduced ASTAGILE microcapsules in October 2020 to promote cognitive health and agility for both young and elderly consumers.

In May 2022, Algalif and Divi’s Nutraceuticals collaborated on producing high-concentration natural astaxanthin beadlets. Based in Iceland, Algalif uses a renewable-energy-powered process to produce high-quality astaxanthin oleoresin from microalgae. Divi’s Nutraceuticals then applies its expertise in fat-soluble ingredients to transform this oleoresin into AstaBead beadlets, which contain a concentrated 5% astaxanthin. This partnership emphasizes both sustainability and premium product quality, showcasing a commitment to environmental stewardship and product excellence.

Application Segmentation Insights:

In 2023, the aquaculture and animal feed sector held the largest market share at 46.39%, primarily due to astaxanthin’s extensive use as a feed additive to enhance reddish pigmentation in species like salmon, trout, and shrimp, which is a key consumer preference. Astaxanthin oil also promotes better feed uptake, accelerating shrimp growth. The growing adoption of astaxanthin in the aquaculture sector to improve seafood quality supports this segment’s dominance in the market. Leading players are also launching new products with health benefits for animal feed. For instance, AstaReal introduced Novasta in July 2022, an astaxanthin-based ingredient for animal feed, expanding health-focused applications in animal nutrition.

The nutraceuticals segment is anticipated to experience the fastest CAGR during the forecast period, driven by increasing demand for natural astaxanthin in health supplements due to its superior antioxidant properties compared to other supplements. The rising need for nutritional products, alongside aging populations, nutrient deficiencies, and lifestyle-related health concerns, is boosting demand in this sector. Astaxanthin’s antioxidant benefits are linked to support against conditions like liver and oral cancers, cardiovascular diseases, and obesity. Thus, the growing prevalence of chronic and infectious diseases is expected to provide substantial growth opportunities for the nutraceuticals market.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Astaxanthin Market - Recent Industry Developments and Growth Strategies till 2030

The global astaxanthin market was valued at USD 2.34 billion in 2023, with a projected compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by rising demand across multiple sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin is particularly valued in aquaculture as a feed ingredient for prawns, salmon, trout, and ornamental fish to enhance their coloration, which increases their commercial appeal. Besides improving pigmentation, astaxanthin also contributes to enhanced stress tolerance, improved performance, immune support, reproductive health, increased survival rates, and disease resistance in aquatic animals. To meet this demand, major market players are focusing on product innovation and forming partnerships, especially in the aquaculture sector.

Organizations promoting awareness about astaxanthin’s applications further support market growth. The Natural Algae Astaxanthin Association (NAXA), for example, plays a significant role in advocating for natural astaxanthin, promoting its benefits across various industries, supporting research, and certifying products with the NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

To expand market reach, companies are leveraging strategies such as product launches and collaborations with leading firms in key industries. For example, in May 2022, Algalif partnered with Divi’s Nutraceuticals to launch AstaBeads, a high-concentration astaxanthin beadlet targeting sports nutrition and healthy aging applications. This collaboration is poised to boost market penetration of natural astaxanthin products. Furthermore, The Lubrizol Corporation introduced ASTAGILE microcapsules in October 2020 to promote cognitive health and agility for both young and elderly consumers.

In May 2022, Algalif and Divi’s Nutraceuticals collaborated on producing high-concentration natural astaxanthin beadlets. Based in Iceland, Algalif uses a renewable-energy-powered process to produce high-quality astaxanthin oleoresin from microalgae. Divi’s Nutraceuticals then applies its expertise in fat-soluble ingredients to transform this oleoresin into AstaBead beadlets, which contain a concentrated 5% astaxanthin. This partnership emphasizes both sustainability and premium product quality, showcasing a commitment to environmental stewardship and product excellence.

Application Segmentation Insights:

In 2023, the aquaculture and animal feed sector held the largest market share at 46.39%, primarily due to astaxanthin’s extensive use as a feed additive to enhance reddish pigmentation in species like salmon, trout, and shrimp, which is a key consumer preference. Astaxanthin oil also promotes better feed uptake, accelerating shrimp growth. The growing adoption of astaxanthin in the aquaculture sector to improve seafood quality supports this segment’s dominance in the market. Leading players are also launching new products with health benefits for animal feed. For instance, AstaReal introduced Novasta in July 2022, an astaxanthin-based ingredient for animal feed, expanding health-focused applications in animal nutrition.

The nutraceuticals segment is anticipated to experience the fastest CAGR during the forecast period, driven by increasing demand for natural astaxanthin in health supplements due to its superior antioxidant properties compared to other supplements. The rising need for nutritional products, alongside aging populations, nutrient deficiencies, and lifestyle-related health concerns, is boosting demand in this sector. Astaxanthin’s antioxidant benefits are linked to support against conditions like liver and oral cancers, cardiovascular diseases, and obesity. Thus, the growing prevalence of chronic and infectious diseases is expected to provide substantial growth opportunities for the nutraceuticals market.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[foodandbeverages]

Astaxanthin Market: Applications and Regional Insights During the Forecasted Period 2024 to 2034

According to Future Market Insights (FMI), global astaxanthin sales are estimated to be worth USD 273.2 million in 2024. The market is expected to reach USD 665.0 million by 2034. It is projected to surge at a CAGR of 9.3% in the forecast period 2024 to 2034.

Astaxanthin’s increasing demand is driven by its use in aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food & beverages industries. It is widely used as a food ingredient for prawns and fish to enhance coloration and commercial value.

Astaxanthin benefits aquatic animals by increasing stress tolerance, performance, immune-related gene expressions, reproductive capacity, survival, and disease resistance. The market is expected to rise due to the consistent demand from the food industry, where astaxanthin is used as a food additive due to its health benefits, such as anti-inflammatory effects and prevention of cardiovascular diseases. Studies have shown that astaxanthin is set to prevent photo-aging, improve sleep, minimize obesity, protect the vocal cord, combat depression, and increase sperm motility.

Natural alternatives are gaining traction due to a number of factors, including greater awareness of the harmful effects of chemicals and expanding usage of synthetic ingredients in topical & culinary items. As a result, leading companies are implementing tactics, including the introduction of new products and alliances with key manufacturers in several sectors to boost the market share of natural astaxanthin-based products.

Information Source: https://www.futuremarketinsights.com/reports/astaxanthin-market

Key Takeaways from the Astaxanthin Market Report:

The global astaxanthin market is expected to reach a valuation of US$ 665.0 million by 2034.

Japan is projected to hold a dominant value share of 3.5% by 2034.

The United States astaxanthin market is projected to reach a valuation of US$ 177.6 million by 2034.

India’s astaxanthin market is projected to reach US$ 43.0 million by 2034.

Germany is set to hold a dominant value share of 4.1% by 2034.

 “The astaxanthin market is experiencing innovation as dietary lutein becomes a potential substitute in the market. Leading companies are incorporating lutein-rich sources into formulations, highlighting a trend toward diversification. They are also exploring alternative natural compounds.” – says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

BASF SE, Divi’s Laboratories Ltd., Cyanotech Corporation, DSM N.V., Parry Nutraceuticals, and JXTG Nippon Oil & Energy Corporation are key astaxanthin manufacturers listed in the report. Leading companies are concentrating on broadening their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.

For instance,

In 2020, BGG declared two key extensions of its farm capacity of astaxanthin as the company has seen a surge in its astaxanthin sales lately.

Key Companies Profiled

BASF SE

Divi’s Laboratories Ltd.

Cyanotech Corporation

DSM N.V

Parry Nutraceuticals

JXTG Nippon Oil & Energy Corporation

Fuji Chemical Industries Co., Ltd.

Kunming Biogenic Co., Ltd.

Valensa International Global

Kailu Ever Brilliance Biotechnology Co. Ltd.

Algalif Iceland Ehf

Zhejiang NHU Co., Ltd.

Atacama Bio Natural Products S.A., Inc.

AstaReal Inc

Fenchem Biotek Ltd.

Igene Biotechnology, Inc.

BGG (Beijing Gingko Group)

Cardax, Inc.

Algatechnologies Ltd.

Algaecan Biotech Ltd.

Otsuka Pharmaceutical Co., Ltd.

Yunnan Alphy Biotech Co., Ltd.

INNOBIO Corporation Limited.

Sinoway Industrial Co., Ltd.

KDI Ingredients

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global astaxanthin market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the astaxanthin market based on species type (haematococcus pluvialis, chlorococcum, chlorella zofingiensis), production technology (chemical synthesis, natural extraction), form (tablets, soft gel capsules, powder, liquid), grade (>=98%, 95%-97%, <=94%), application (aquaculture, dietary supplements, food & beverages, personal care & cosmetics, pet food), and region.

[vaishnavireportprime]

Impact of Insect Feed Market [2024] in the Global Markets

Did you know which industry markets the Insect Feed Market strongly impacts?

The Insect Feed Market is expected to grow from a whopping USD 586 Million in 2023 to USD 1255.51 Million by 2030.

The Impact of Insect Feed Market on Aquaculture Market

Using Fish Feed - Insect-based feed is increasingly used in aquaculture as a sustainable alternative to traditional fish and soybean meals. This shift affects the overall cost, sustainability and nutritional profiles of fish and other aquatic animals that are farmed for human consumption.

Learn about: Dripline Market Growth, Trends and Investment Landscape..

Poultry Market..

Used in Poultry Feed - Insects like the black soldier fly larvae are consistently being used as a feed alternative in the poultry industry which provides a high-protein diet for chickens and other birds. This positively affects the poultry feed market by offering it a more suitable and potentially cheaper protein source.

Impacting the Pet Food Market...

Healthy Pet Nutrition choices - Incorporating Insect-based proteins into pet food, particularly in niche markets focuses mainly on hypoallergenic diets for pets. Newer product lines are released as a response to the trends that induce a broader pet food market, indirectly benefiting eco-conscious consumers.

Livestock Market..

Although this is less common than in the aquaculture and poultry industry, insect-based feeds are now being explored more for use in feeding livestock such as pigs and cattle. This could potentially reduce the reliance on conventional feed ingredients like soy and maize.

The Organic Farming Market...

Using Insect Feed as Fertilizers - The by-products of insect farming, such as frass (insect excrement) are used as organic fertilizers thus impacting the organic farming market by providing an eco-friendly alternative to synthetic fertilizers.

Indirect Impact on the Food and Beverage Market...

The insect feed market indirectly impacts the food and beverages market by enhancing the sustainability and cost-efficiency of animal-based products like fish, poultry and livestock. Specifically, insect feed is used in aquaculture (e.g., salmon), poultry farming (e.g., chicken) even in pet food, leading to more eco-friendly and affordable products. This shift supports the production of sustainably sourced items such as farmed fish, eggs and meat, catering to the growing demand for environmentally conscious food options in the market.

Some Lesser-Known Surprising Facts about the Insect Feed Market ~

Insects Can Upcycle Waste: Insect farms often use organic waste, like food scraps or agricultural by-products, to feed larvae turning waste into high-quality protein. This "upcycling" process helps reduce landfill waste and lowers the environmental impact of food production.

Insects Require Minimal Resources: Compared to traditional livestock, insects require far less water, land and feed. For example, crickets need six times less feed than cattle to produce the same amount of protein making insect farming highly efficient and sustainable.

High Protein Content: Certain special insects like black soldier fly larvae contain up to 50% protein by weight which is comparable or even superior to traditional protein sources like soy or fish meal. This makes them an ideal feed ingredient for high-protein diets in aquaculture and poultry.

Boosts Animal Health: Insect-based feed not only provides protein but also contains antimicrobial peptides that can boost the immune systems of animals, potentially reducing the need for antibiotics in farming.

Rapid Growth of Insect Farming: The global insect farming industry has grown rapidly with some estimates suggesting it could reach a market value of market cap over USD 1 Billion by 2025. This growth is driven by increasing interest in sustainable food systems and the need for alternative protein sources.

Ancient Practice, Modern Application: Using insects as feed is not a new idea. In fact, many indigenous cultures have been using insects to feed animals for centuries now. Modern technology has now allowed this practice to scale and meet global demand.

Insect Frass as Fertilizer: The by-product caused by insect farming known as frass (insect excrement), which is also a highly nutritious organic fertilizer that is gaining popularity among organic farmers for improving soil health and boosting crop yields.

You can learn about more Industry Market Research Reports :

Vegetable Seed Market - Overview & Forecast for 2023-2030

Organic Feed Market - Dynamic Impact of Market Globally

Airlines Market Scope, Segmentation and Forecast for the Next 5 Years

Automotive Glove Box Market & Car Carrier Market Research [2024-2030]

A Market Research by Report Prime.

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#InsectFeed #InsectFeedMarket #InsectFeedMarketSize #InsectFeedMarketResearch #InsectFeeds #BlackSoldierFlyLarvae

#AirlinesMarket #AutomotiveGloveBoxMarket #OrganicFeedMarket #VegetableSeedMarket #CarCarrierMarket #MarketResearchCompany #InsectFeedMarketOverview #MealWorms #AnimalFeed #AgriProtein #Protix #Ynsect #Entofood

[tamanna31]

Astaxanthin Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2024-2030

Astaxanthin Industry Overview

The global astaxanthin market size was valued at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. Growing demand for astaxanthin is being fueled by its increasing use in various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages, among others. It is widely used as a food ingredient for prawns and fishes such as salmon, trout, & ornamental fishes to enhance their coloration and increase commercial value. Other benefits for aquatic animals include growth in stress tolerance, performance, immune-related gene expressions, reproductive capacity, improvement in survival, and disease resistance. Major players are focusing on new product developments and collaborative agreements to meet the increasing demand for astaxanthin in aquaculture.

Additionally, presence of organizations that actively promote awareness regarding diverse applications of these products is expected to further drive market growth. For instance, the Natural Algae Astaxanthin Association (NAXA) plays a key role in promoting, protecting, and educating about the benefits of natural astaxanthin in various end-use applications.The association supports research related to natural astaxanthin and certifies products with NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

Companies are adopting strategies such as new product launches and partnerships with strong players in end-use industries to increase the penetration of natural astaxanthin-based products. For instance, in May 2022, Algalif and Divi’s Nutraceuticals partnered to launch high-concentration astaxanthin beadlets, AstaBeads. This partnership is expected to increase the penetration of these products in sports nutrition & healthy aging applications. Moreover, in October 2020, The Lubrizol Corporation launched ASTAGILE microcapsules to support healthy aging and mental agility in young & senior adults.

In addition, in May, 2022, Algalif and Divi’s Nutraceuticals collaborated to create highly concentrated beadlets of sustainable natural astaxanthin. Algalif, situated in Iceland, employs a production process powered by renewable energy, yielding premium astaxanthin oleoresin from microalgae. Divi’s, leveraging its proficiency in formulating fat-soluble ingredients, then converts this oleoresin into the exclusive AstaBead beadlets, boasting a remarkable 5% astaxanthin content. This innovative approach harnesses the advantages of natural source while ensuring sustainability and high concentration, demonstrating a commitment to both environmental responsibility and product excellence.

New Dietary Ingredient (NDI) Guidance issued new guidelines and increasing the daily dose of from 7.8 mg to 12 mg, which led to the development of new products by manufacturers. For instance, BCG received approval for two natural products in Europe with daily dose of more than 7.8 mg.The presence of stringent regulatory guidelines by the Food Safety and Standards Authority of India (FSSAI) in India, which focuses on the safety of ingredients used in supplements, has attracted consumers toward dietary supplements. Increase in investments by foreign and private investors is expected to contribute to market growth.

Government initiatives will further offer lucrative opportunities during the review period. For instance, In September 2023, the EU Commission approved an extension to the regulation of novel food astaxanthin-rich oleoresin, now allowing its use in younger age groups. This decision follows a submission to the Commission, requesting the expansion of use to two specific age categories. The approval is based on safe dosages determined from the acceptable daily intake (ADI) of Astaxanthin. This revision aligns more accurately with the EFSA opinion on algae-based Astaxanthin, confirming the safety of the indicated dosages for each respective age group within the population.

Browse through Grand View Research's Pharmaceuticals Industry Research Reports.

The global ankylosing spondylitis market size was valued at USD 5.78 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030. 

The global opioid use disorder market size was valued at USD 4.59 billion in 2023 and is projected to grow at a CAGR of 11.65% from 2024 to 2030.

Key Companies & Market Share Insights

Some of the key players operating in market include Algatech Ltd; Cyanotech Corporation, and ALGAMO. Key players in the market are contributing toward their growth by geographical expansion to gain higher market share. In addition, companies are focusing on gaining market approvals for innovative products to help in management of different health conditions.

Collaborations with research institutes and academic organizations to provide the products & services and engage in new contracts is the major strategy adopted by emerging market players. Additionally, these players may be more flexible and agile than established players in terms of responding and changing to market needs and demand, allowing them to quickly adapt and develop new technologies.

Key Astaxanthin Companies:

Algatech Ltd

MicroA

Cyanotech Corporation

Algalíf Iceland ehf

Beijing Gingko Group (BGG)

PIVEG, Inc.

Fuji Chemical Industries Co., Ltd

ENEOS Corporation

Atacama Bio Natural Products S.A.

E.I.D. – Parry (India) Limited (Alimtec S.A., Valensa International)

Recent Developments

In October 2023, Algatech Ltd, received National Organic Program (NOP) Certification for the company’s algae-derived astaxanthin.

In March 2023, AstaReal partnered with raw material distributor C.F.M. Co. Farmaceutica Milanese to offer comprehensive technical, regulatory, scientific, and logistical support to nutraceutical producers in Italy. This collaboration aims to address the increasing market demand for natural astaxanthin, a proven antioxidant with health benefits, positioning AstaReal as the premier natural astaxanthin brand in Italy. Obtained from regrown microalgae Haematococcus pluvialis, AstaReal's astaxanthin is highlighted for its environmentally sustainable sourcing.

In May 2022, Iceland's Algalif signed an agreement with a start-up company, Marea, to develop a biodegradable good coating from leftover algal biomass.

In October 2022, Solabia-Algatech launched Astaxanthin Gummies with vitamin C, which contain no preservatives or synthetic colors. Each gummy has 4mg astaxanthin algae complex.

In April 2022, BGG announced second expansion of pristine region’s astaxanthin farm capacity in last 2 years and expected to maximize its production capacity. Such initiatives are contributing to the market growth.

Order a free sample PDF of the Astaxanthin Market Study, published by Grand View Research.

[gaiapetshop]

Gaia Petshop: The Online Store for Trusted Pet Probiotics and Accessories

Pets have always been with humans for a long time. They are not just pets anymore; they are more of a family member or a precious friend. So, you need to provide them with the best pet products for cats, dogs, or any other animals so they can enjoy their lives as well. Another important thing that these pets will need is good medication for dogs and cats. Regular medications are needed so that this person of yours enjoys a healthy life. When you visit a pet shop for pet products for cats, such as pet probiotics, high-calorie cat treats, etc., you will find that there are numerous brands with various products for pets. Finding the right product could be difficult in such a situation. In this article, we have a solution for this problem of yours, which is Gaia Petshop. 

Gaia Pets

Gaia Pets is where you should go when you want quality and trusted pet products. The collection of pet supplies does not only stop at major brands for dogs and cats. Small pets like hedgehogs, hamsters, and bird supplies are also present. They also have all the products to cater to the specific needs of your reptile. Let's look at some of the products in different pet categories. 

Dogs

There are a number of vet supplies for dogs on their website. These include pet probiotics and pet digestive health products online. These are excellent when your pet has been experiencing issues with their digestive tract. Liver supplements for dogs are also available. These will help in protecting the liver cells of your dog. Various creams are available for the treatment of specific dog skin issues. Such as the Neoderm Cream for Dogs, it can be used to treat itching or allergy issues.

Cats 

There are many pet products for cats on their site. Cat foods from various brands with a variety of ingredients are excellent for improving your pet’s diet. One such product is a High-calorie cat treat. High-calorie cat treats at Gaia Pets are a great way to add some nutritional value to your cat’s diet. These don’t have any artificial color. They also have the cheapest pet prescriptions online for your cat. 

Birds and Turtles 

As discussed earlier, they have all the products that can cater to the needs of any pet you may have. The Mazuri Bird food is available in their online store. This is the best food for young birds that have just started feeding on their own. They again have turtle feed from this renowned brand, Mazuri. This feed contains floating pellets, so these pellets don’t reach unreachable crevices in the aquarium. It can be fed to any aquatic turtle, like a red-eared slider or yellow belly turtle. This makes them the best online store for turtle food and feed.

There are many pet care brands available on the market. But only those products that are trusted by pet owners can be found on this website. Only prescription pet food, which is tested by veterinary doctors, is available on this online store. Visit the website at gaiapetshop.com to learn about all the trustworthy pet supplies they have.

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EntoPro: Revolutionizing Aqua Feeds with High-Quality Insect-Derived Protein

In the dynamic world of aquaculture, innovation is key to meeting the rising global demand for seafood while ensuring sustainability and nutritional adequacy. One groundbreaking development in this field is EntoPro, a high-quality insect-derived protein designed to revolutionize aqua feeds. This innovative product promises to address several challenges faced by the aquaculture industry, including sustainability, feed efficiency, and the nutritional health of aquatic species.

Sustainability and Environmental Impact

Traditional fish meal, a primary ingredient in aqua feeds, poses significant environmental concerns. Overfishing for fish meal production has led to the depletion of marine resources, disrupting ecosystems and biodiversity. EntoPro offers a sustainable alternative by utilizing insect protein, which is produced with a much smaller environmental footprint. Insects are highly efficient in converting organic waste into protein, reducing the need for wild-caught fish and lowering the overall carbon footprint of aquaculture operations.

Nutritional Superiority

EntoPro is not just environmentally friendly; it is also nutritionally superior. Insect protein is rich in essential amino acids, vitamins, and minerals, which are crucial for the growth and health of aquatic species. The balanced nutritional profile of EntoPro ensures that fish and shrimp receive all the necessary nutrients for optimal development, enhancing their growth rates and overall health. Additionally, the high digestibility of insect protein means that aquaculture species can more efficiently absorb and utilize these nutrients, leading to better feed conversion ratios.

Enhanced Feed Efficiency

Feed efficiency is a critical factor in aquaculture, directly impacting production costs and sustainability. EntoPro's high-quality insect-derived protein improves feed efficiency by providing a highly digestible and nutrient-rich feed source. This efficiency translates into faster growth rates and healthier aquatic species, reducing the time required for them to reach market size. As a result, aquaculture producers can achieve higher yields and profitability while minimizing the environmental impact of their operations.

Health Benefits for Aquatic Species

The inclusion of EntoPro in aqua feeds also offers significant health benefits for fish and shrimp. Insect protein contains bioactive compounds that can enhance the immune system of aquatic species, making them more resilient to diseases and infections. This improved immunity reduces the need for antibiotics and other chemical treatments, promoting healthier and more sustainable aquaculture practices. Moreover, the presence of chitin in insect exoskeletons has been shown to have prebiotic effects, supporting gut health and improving nutrient absorption.

Economic Viability

While sustainability and nutritional benefits are crucial, economic viability is also a key consideration for aquaculture producers. EntoPro provides a cost-effective protein source that can help reduce feed costs without compromising on quality. The scalability of insect farming, combined with its low resource requirements, makes EntoPro an economically attractive option for the aquaculture industry.

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