#Ornamental Fish Market Trend

[chemicalresearchupdates]

Ornamental Fish Feed Market Forecast: Assessing Future Growth Opportunities and Challenges

Ornamental fish feed is the feed used to provide nutrition to ornamental fishes such as betta, koi, goldfish and tropical fishes for maintaining health, reproduction, and improved coloration. It enhances metabolism, enhances immunity, promotes proper growth and development. The global ornamental fish feed market is driven by the rising popularity of ornamental fish keeping as a hobby. The global ornamental fish feed market is estimated to be valued at US$ 3.47 billion in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period between 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:

Improved fish production efficiency presents a key opportunity for the ornamental fish feed market growth. Ornamental fish feed formulated with balanced nutrients and live feeds helps in maintaining optimum health and improves growth rate and survivality of fishes. It also enhances reproductive efficiency leading to higher birth rates. Fish feed with specific nutrients as per different life stages such as fry feed, growing feed and broodstock feed supports consistent production. This significantly boosts the supply and lowers production costs, making ornamental fish farming a profitable business. The development of specialized nutrition-rich ornamental fish feeds catering to improved production efficiency can present lucrative prospects.

Porter's Analysis

Threat of new entrants: The threat is moderate as ornamental fish feed is a growing market requiring significant capital investments and R&D. However, newcomers can leverage advanced feed technologies.

Bargaining power of buyers: Buyers have moderate power due to presence of many feed brands but demand for specialized feeds increases their dependence on key brands.

Bargaining power of suppliers: Suppliers of raw materials like fish meal and plant proteins have low to moderate power due to availability of substitutes.

Threat of new substitutes: Threat is low as specialized diets suitable for different ornamental fish species are difficult to substitute.

Competitive rivalry: Intense as major players compete on innovation, quality, branding and distribution.

SWOT Analysis

Strength: Established brands have extensive R&D and product portfolios catering to diverse fish types. Strong distribution networks globally.

Weakness: Smaller players have limited resources for new product development. Imports depend on global commodity price fluctuations.

Opportunity: Growing aquarium hobby and pet fish keeping is spurring demand. Online sales platforms expand reach.

Threats: Strict regulations on additives and genetically modified ingredients. Economic slowdowns impact discretionary pet expenditures.

Key Takeaways

The global ornamental fish feed market is expected to witness high growth during the forecast period driven by the increasing number of aquarium owners and growing popularity of fishkeeping as a hobby worldwide. The global ornamental fish feed market is estimated to be valued at US$ 3.47 billion in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period between 2024-2031. The North America ornamental fish feed market holds the major share currently owing to high fishkeeping participation rates and consumption in countries like the US. The Asia Pacific region is expected to grow at the fastest pace led by emerging markets of India and China where ornamental fish keeping is gaining popularity aided by economic development and rising disposable incomes. Key players operating in the ornamental fish feed market are Alltech Inc., Ocean Star International, Inc., Cargill Incorporated., Hai Feng Feeds Co., Ltd., Taiyo Group, Sera GmbH, AlgaSpring B.V., PT Central Proteina Prima Tbk, and Tianjin Dongjiang food co., LTD. Players are focusing on differentiated formulations targeted at specific fish species and life stages to gain an edge.

[thepoliticalvulcan]

As a Floridian, let me just say something about water.

It is not an ornament. It is not a playground. It is a soup of fish poop and lawn fertilizer runoff and sometimes reptilian carnivores that preceded and outlived the dinosaurs. It wants you to gawk at it and forget about inconvenient details like "flood plains" "storm surge" and "evacuation zones." But water is patient and given half a chance or 140 mile an hour winds blowing out from the sea against the coastline, it will take back that mangrove swamp that developers half a century ago drained off and sold to unsuspecting dupes as "paradise."

I personally didn't lose anything in Helene or Ian or Charley, but I've known people who did, and I have had the experience of trying to estimate how screwed I was based on the water level against the mailbox.

What is happening in Florida ironically fits a model that has been discussed in many places but especially Robert Evans et al's "It Could Happen Here" with is term "the crumbles." Less of a sudden, sharp societal collapse and more of a slow but steady erosion. There are people along the Florida coastline, especially in Big Bend (that's the curve between the peninsula and the Panhandle for those not in the know) and the Fort Myers metro area that have experienced devastating flooding two or three times in two years now. The insurance market is a mess because not only is a bad for profit business model to insure coastal Florida areas, its turning into something that's simply not feasible. The money just isn't there.

So what does that mean longterm? Well for the near term, probably an acceleration of existing trends. People who already were being priced out by property taxes and the uninsurability of their homes and business calling a quits and leaving for other areas. If you leave in a rapidly overheating housing market in the Sunbelt, you may very well already be familiar with refugees from Florida's insane politics and crazier housing costs turning up.

The properties they sold off or abandoned will likely be acquired by deep pocketed interests who will redevelop them into some mix of more resilient or something more disposable: expensive timeshares and vacation rentals for instance. Itinerant residents tend to have no loyalty to the community, resent paying into schools and infrastructure, and care little if the area is ecologically ruined and denuded of native wildlife and plant life because for them the carefully manicured and managed illusion of nature will be assumed to be reality.

As a Floridian is my deep seated conviction that having your economic driver be tourism and planned communities breeds reactionary politics. Hospitality doesn't really care if its workers are well educated as long as it has workers. If it has to import those workers and have them live dormitory style, then that's what it will do. Hospitality has no vested interest in infrastructure beyond the walls of its carefully curated experiences, although too much crime and poverty in the news might be a problem.

This is much the same for planned communities that market heavily to remote workers and retirees out of state. Thus there's money for law enforcement but not public infrastructure, public green spaces, education, healthcare etc. because there are amenities to be provided at a premium and on a for profit basis by the owner, not entitlements for people outside the walls of the planned community.

And it almost assuredly breeds contempt. The maintenance department, the check in clerk, the ride share driver: these are not your neighbors. They're from another country, if not literally, then proverbially. They're from the outside. The outside where it is dirty and people are presumed uneducated, coarse, and unruly.

And of course, savvy politicians lean into this. Watch the political ads. The real Floridians are identified as retired or upper middle class suburbanites. No one is for the farm hands picking the ever declining citrus monocultures, the crops falling prey to disease and the land itself becoming more valuable for housing than it is commercial use. If you have a lawn care or pool cleaning business, you can imagine they're talking to you when they talk about small business owners, but there again its not as your employees or perhaps even you get to live in the same neighborhoods as your clients and increasing its not clear you get to live anywhere.

There is some small, dark satisfaction to be gained from the knowledge that, much like the next wave of construction that will happen along the coasts, the pastures, wilderness, and farmland being paved over has been left green for good reasons and the bill for fraudulent impact assessments and security theater flood mitigation will come due. But the developers will have long ago fled town with suitcases full of cash, leaving their tenants waist deep in sewage and hungry reptiles after substandard seawalls and pumps failed.

It would be easy to hate the ignorant who didn't look beyond the walls of their gated communities. In the end they will be suckers and I pity them because many of them will lose family photos and home equity, only to have their insurance company declare insolvency and fight their claims tooth and nail. Many of them will not be the uber rich, many will be the petite bourgeois whose extravagant (by our standards) lifestyle was always far more perilous than they or we could have possibly imagined.

Because water is patient and it will have its swamp back.

[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.

[researchreportinsight]

Astaxanthin Market – Industry Trends and Forecast Report 2030

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in aquaculture is significant, where it is commonly used to enhance the coloration of species such as prawns, salmon, trout, and ornamental fish, increasing their market value. Additionally, astaxanthin offers numerous health benefits to aquatic animals, improving stress tolerance, performance, immune-related gene expression, reproductive capacity, survival rates, and disease resistance. To meet the rising demand in aquaculture, major industry players are focusing on product development and collaborative agreements.

Market growth is further supported by organizations that actively promote awareness of astaxanthin's diverse applications. For example, the Natural Algae Astaxanthin Association (NAXA) is influential in promoting, protecting, and educating the public on the benefits of natural astaxanthin across various industries. NAXA also supports relevant research and offers the NAXA Verification Seal to certify natural astaxanthin products.

To increase the penetration of natural astaxanthin-based products, companies are engaging in strategies such as new product launches and partnerships with influential players in related industries. For instance, Algalif partnered with Divi’s Nutraceuticals in May 2022 to release high-concentration astaxanthin beadlets called AstaBeads, targeting sports nutrition and healthy aging markets. Similarly, The Lubrizol Corporation launched ASTAGILE microcapsules in October 2020, focusing on enhancing cognitive and mental agility for both young and senior adults.

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

The astaxanthin market showcases a high degree of innovation, with companies developing novel formulations and sustainable production methods. For example, Sirio Europe (SIRIO) revealed in August, 2023, its plan to introduce two new softgel products targeting the pharmaceutical sector during the CPHI Barcelona 2023 event.

The astaxanthin market is also characterized by a high level of merger and acquisition (M&A) activity by the leading players In January 2022, ENEOS Corporation disclosed its acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This strategic move strengthens ENEOS' position in the astaxanthin market, particularly for Panaferd-AX. The merger reflects the company's commitment to quality and international standards, contributing to the evolution of the industry.

Product Segmentation Insights:

In 2023, dried algae meal or biomass dominated the market with a share of 25.26%. This significant share is attributed to its applications in biomass production for other forms, such as capsules and tablets, minimal downstream processing, convenient bulk production, and a higher demand for use as animal feed. New product launches in the sector, such as Solabia-Algatech Nutrition Ltd’s AstaPure Arava gummies in October 2022, highlight the growing demand for algal astaxanthin. Additionally, in May 2022, Algalif collaborated with start-up company Marea to create a biodegradable coating using residual algae biomass. These advancements are anticipated to support growth in this segment over the forecast period.

The softgel segment is expected to experience strong growth in the coming years, as softgels are widely favored by consumers for their convenience and suitability for the geriatric population. Veggie softgels, derived from modified cornstarch and glycerin, are particularly popular among nutraceutical companies due to their plant-based origin and minimal side effects. Regulatory approvals are further boosting this segment; for example, in September 2021, NextFerm Technologies obtained regulatory approval in the U.S. to market Astaferm, an innovative antioxidant in oil form for softgels.

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

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

[sampeterson613]

The future of agriculture in the shrinking suburbs

Agriculture land for sale is land designated specifically for the cultivation of crops and the raising of animals for food, fibre, and other products. This type of land is used for a variety of purposes, including:

·      Crop Production: Growing crops like grains (wheat, corn, rice), vegetables, fruits, and legumes. For example, coconut land for sale in Sri Lanka.

·      Livestock Farming: Raising animals such as cows, pigs, sheep, and chickens for meat, milk, eggs, and other products. For example, Farms or farming land for sale.

·      Dairy Farming: Specialising in the production of milk and dairy products.

·      Poultry Farming: Focusing on the production of eggs and meat from chickens, turkeys, and other birds.

·      Horticulture: Cultivating plants for fruits, vegetables, and ornamental purposes.

·      Aquaculture: Farming fish and other aquatic organisms.

·      Forestry: Managing forests for timber, paper, and other products.

·      Agricultural land is crucial for food security, economic stability, and maintaining rural communities. It often requires careful management to ensure sustainability and productivity.

The shrinking suburbs and the future of agricultural land in these areas

The future of agricultural land and the shrinking of suburbs are influenced by several factors:

Shrinking Suburbs:

·      Economic Factors: Economic downturns can lead to reduced demand for housing and less investment in suburban areas. High costs of maintaining infrastructure can also contribute to shrinkage. For example, maintaining commercial property for sale in these areas can be quite expensive, and businesses would not be able to invest in such properties due to this.

·      Population Trends: In some regions, younger generations are gravitating toward urban centres for better job opportunities, amenities, and lifestyles, reducing the demand for suburban living.

·      Changing Preferences: Preferences for more walkable neighbourhoods, public transit, and proximity to cultural and social hubs can drive people away from the suburbs.

·      Housing Market Shifts: Overbuilding in suburban areas can lead to an oversupply of homes, which can cause property values to decline and make these areas less attractive.

Future of Agricultural Land:

·      Urban Expansion: As cities grow and spread outward, agricultural land is often converted into residential or commercial developments. This can reduce the amount of land available for farming.

·      Zoning Changes: Local governments may change zoning laws to allow for more residential or commercial development, which can encroach on agricultural areas.

·      Sustainability Practices: There is a growing trend towards sustainable agriculture, which may encourage better use of available land and promote agricultural activities even in more developed areas.

·      Smart Growth: Some regions are adopting smart growth principles to balance development with the preservation of agricultural land. This includes planning and zoning strategies that aim to limit urban sprawl and protect farmland.

·      Technological Advancements: Advances in farming technology and methods can make agricultural practices more efficient and potentially allow for farming in less traditional areas.

The future of agricultural land in shrinking suburban areas will depend on a complex interplay of economic, social, and political factors, as well as efforts to balance development with the need for food production and environmental sustainability.

How can countries mitigate the risks of shrinking suburbs to make room for agricultural development?

Countries can take several measures to mitigate the risks associated with shrinking suburbs and make room for agricultural development:

1.    Smart Land Use Planning

·      Zoning Regulations: Implement and enforce zoning laws that prioritise the protection of agricultural land. This can involve creating agricultural zones that are shielded from urban development.

·      Urban Growth Boundaries: Establish clear boundaries to limit the expansion of urban areas and focus development within existing urbanised zones.

2.    Revitalising Suburban Areas

·      Redevelopment Projects: Invest in the redevelopment of underutilised or abandoned suburban properties. This can help repurpose existing infrastructure for new uses without encroaching on agricultural land.

·      Infill Development: Encourage higher-density development within existing urban areas to reduce the need for outward expansion.

3.    Agricultural Incentives

·      Subsidies and Support: Provide financial incentives and support programs for farmers to maintain and improve agricultural productivity.

·      Tax Benefits: Offer tax benefits or deductions for landowners who preserve their land for agricultural use rather than selling it for development.

4.    Sustainable Practices

·      Conservation Easements: Implement conservation easements that protect agricultural land from being developed while allowing landowners to retain ownership and benefit financially.

·      Sustainable Agriculture: Promote practices that enhance the efficiency and productivity of agricultural land, reducing the need to expand into new areas.

5.    Community Engagement and Education

·      Public Awareness: Educate the public and policymakers about the importance of preserving agricultural land and the benefits of sustainable land use.

·      Community Involvement: Engage communities in planning processes to ensure that local needs and priorities are balanced with agricultural preservation.

6.    Integrated Land Use Strategies

·      Mixed-Use Development: Encourage mixed-use developments that integrate residential, commercial, and agricultural spaces to create vibrant, multi-functional areas.

·      Agrihoods: Promote the development of "agrihoods" where agricultural activities are integrated into residential communities, offering both housing and fresh food production.

7.    Policy and Legislation

·      Land Conservation Policies: Implement and enforce policies that prioritise land conservation and agriculture in regional and national planning frameworks.

·      Regional Planning: Develop regional plans that coordinate land use across municipalities to protect agricultural areas and manage urban growth effectively.

By taking a comprehensive and coordinated approach, countries can balance the needs of urban development with the preservation of valuable agricultural land, ensuring long-term sustainability and food security.

How to find good agricultural land in the shrinking suburbs

Finding good agricultural land in shrinking suburbs involves several strategic steps to ensure you select land that is suitable for farming and likely to remain viable for agricultural use. Here is a guide on how to identify and assess such land:

1.     Research and Data Collection

·      Local Zoning Laws: Check zoning regulations to identify areas where agriculture is still permitted or encouraged. Look for areas with agricultural zoning or policies protecting farmland.

·      Land Use Trends: Analyse local land use trends and planning documents to understand how the area is evolving and what future developments are planned.

2.    Consult Local Experts

·      Real Estate Agents: Work with real estate agents who specialise in agricultural properties. They can provide insights into available land and market conditions.

·      Agricultural Extension Services: Reach out to local agricultural extension services or organisations for advice on suitable land and best practices for farming in the area.

3.    Evaluate Soil Quality

·      Soil Testing: Conduct soil tests to assess the quality of the land for farming. Look for good soil fertility, proper drainage, and minimal contamination.

·      Topography: Consider the land’s topography and drainage patterns, as flat, well-drained land is generally more suitable for agriculture.

4.    Assess Infrastructure and Access

·      Water Resources: Ensure the land has access to adequate water resources for irrigation, either through natural sources or established irrigation systems.

·      Accessibility: Check the accessibility of the land, including proximity to roads, markets, and supply centres. Good access can enhance the efficiency of farming operations and distribution.

5.    Consider Future Development

·      Development Pressure: Evaluate the likelihood of future urban development in the area. Look for signs of upcoming infrastructure projects or urban expansion that could impact agricultural viability.

·      Preservation Measures: Identify areas with strong land preservation measures or policies to mitigate the risk of future development encroaching on agricultural land.

6.    Review Historical Land Use

·      Previous Use: Investigate the history of the land to understand its previous use. Land previously used for agriculture may be better suited for farming.

·      Environmental History: Check for any environmental issues, such as contamination or land degradation, that could affect agricultural productivity.

7.    Engage with Local Communities

·      Community Input: Engage with local communities to understand their perspectives on land use and potential development. Community input can provide valuable insights into the long-term viability of agricultural land.

·      Local Agricultural Networks: Join local agricultural networks or associations to gain insights from other farmers and landowners in the area.

8.    Legal and Financial Considerations

·      Ownership and Title: Verify the ownership and legal title of the land to avoid potential disputes or issues.

·      Financial Viability: Assess the financial aspects, including land cost, potential return on investment, and any subsidies or grants available for agricultural operations.

Careful consideration of these factors and conducting thorough research, you can find agricultural land in shrinking suburbs that is both suitable for farming and resilient to future urban pressures.

[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.

[gqresearch24]

Aquaculture Market Outlook Report 2024-2030: Trends, Strategic Insights, and Growth Opportunities | GQ Research

The Aquaculture market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Aquaculture market showcased a significant presence, boasting a valuation of US$ 42.6 Billion. This underscores the substantial demand for Aquaculture technology and its widespread adoption across various industries.

Get Sample of this Report at https://gqresearch.com/request-sample/global-aquaculture-market/

Projected Growth: Projections suggest that the Aquaculture market will continue its upward trajectory, with a projected value of US$ 69.76 Billion by 2030. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 7.30%, reflecting a steady and robust growth rate for the Aquaculture market over the coming years.

Technology Adoption:

Technology adoption in the Aquaculture market focuses on improving production efficiency, sustainability, and biosecurity. Advanced technologies such as recirculating aquaculture systems (RAS), automated feeding systems, water quality monitoring sensors, and genetic breeding techniques are widely adopted to optimize fish and shellfish farming operations. Additionally, innovations in aquafeed formulations, disease diagnostics, and waste management systems contribute to the sustainable growth of the aquaculture industry. Furthermore, digitalization and data analytics enable real-time monitoring and decision-making for improved productivity and resource management in aquaculture facilities.

Application Diversity:

The Aquaculture market serves diverse applications across various species of finfish, shellfish, and aquatic plants for food production, ornamental purposes, and conservation efforts. Aquaculture species include freshwater and marine fish such as salmon, trout, tilapia, catfish, shrimp, oysters, mussels, and seaweed. Each species has specific requirements in terms of habitat, water quality, nutrition, and husbandry practices, leading to a wide range of aquaculture systems and production methods. Moreover, aquaculture serves diverse markets including food for human consumption, bait and pet trade, restoration of wild stocks, and ecosystem services such as water filtration and habitat enhancement.

Consumer Preferences:

Consumer preferences in the Aquaculture market are influenced by factors such as product quality, safety, sustainability, and traceability. Consumers prioritize aquaculture products that are safe for consumption, free from contaminants, antibiotics, and chemical residues. Additionally, sustainably produced seafood certified by reputable standards such as ASC (Aquaculture Stewardship Council) or MSC (Marine Stewardship Council) is preferred by environmentally conscious consumers. Moreover, consumers value transparency and traceability in the supply chain, seeking information on the origin, production methods, and environmental impact of aquaculture products.

Technological Advancements:

Technological advancements in the Aquaculture market focus on improving production efficiency, disease management, and environmental sustainability. Research and development efforts aim to develop disease-resistant aquaculture stocks through selective breeding, genetic engineering, and immunostimulants. Additionally, advancements in aquafeed formulations, including alternative protein sources and functional additives, enhance feed conversion efficiency and reduce environmental impact. Moreover, innovations in water treatment technologies, biosecurity measures, and integrated multitrophic aquaculture (IMTA) systems contribute to minimizing environmental risks and improving overall sustainability in aquaculture operations.

Market Competition:

The Aquaculture market is characterized by intense competition among producers, processors, and distributors, driven by factors such as product quality, pricing, brand reputation, and market access. Major aquaculture companies leverage economies of scale, vertical integration, and global market presence to maintain competitive advantages in production and distribution. Meanwhile, small-scale farmers and niche producers differentiate themselves through product differentiation, specialty species, organic or sustainable certifications, and direct marketing channels. Additionally, partnerships and collaborations across the aquaculture value chain, including research institutions, government agencies, and industry associations, play a crucial role in enhancing competitiveness and market positioning.

Environmental Considerations:

Environmental considerations are central to the Aquaculture market, with stakeholders focusing on minimizing environmental impact, conserving natural resources, and promoting ecosystem health. Sustainable aquaculture practices aim to reduce pollution, habitat destruction, and overexploitation of wild fish stocks. Measures such as site selection criteria, effluent management, and ecosystem-based management approaches are implemented to mitigate environmental risks and ensure the long-term viability of aquaculture operations. Moreover, efforts are made to minimize resource use, optimize feed conversion ratios, and implement circular economy principles such as waste recycling and nutrient recovery. Overall, the adoption of environmentally friendly aquaculture practices contributes to the conservation of aquatic ecosystems and biodiversity while meeting growing global demand for seafood.

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

Marine Harvest (now Mowi)

Cermaq

Thai Union Group

SalMar

Skretting

AquaBounty Technologies

Nutreco

Blue Ridge Aquaculture

Cooke Aquaculture

Grieg Seafood

Nireus

Marine Harvest Canada

Tassal Group Limited

Stolt Sea Farm

Marine Harvest Scotland

The research report provides a comprehensive analysis of the Aquaculture market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-aquaculture-market/

About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

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+1 (614) 602 2897 | +919284395731

Website - https://gqresearch.com/

[tictoctattoo]

Can a Pond Hurt Your Home Value?

Ponds can be a charming addition to any property, offering tranquility and a touch of nature's beauty. However, when it comes to home value, the impact of a pond isn't always crystal clear. Homeowners often wonder whether having a pond on their property could potentially hurt their home's value. In this article, we'll delve into the factors that influence how a pond might affect your property's worth.

Understanding the Impact

1. Aesthetic Appeal

Ponds can significantly enhance the aesthetic appeal of a property. A well-maintained pond with lush vegetation and perhaps some decorative features like water fountains or ornamental fish can create a picturesque setting that appeals to many homebuyers. However, if the pond is poorly maintained or overly dominating the landscape, it could have the opposite effect, detracting from the property's overall appeal.

2. Property Size and Location

The impact of a pond on home value can vary depending on the size of the property and its location. In rural or suburban areas where large lots are common, a pond might be seen as a desirable feature, especially if it adds to the property's privacy and natural charm. In contrast, in urban or densely populated areas where space is at a premium, a pond might be viewed as taking up valuable real estate that could be used for other purposes.

3. Maintenance Requirements

One crucial factor that can influence how a pond affects home value is its maintenance requirements. A well-maintained pond that adds to the property's appeal without requiring excessive upkeep is likely to have a positive impact on home value. However, if the pond requires frequent cleaning, repairs, or chemical treatments, it could be seen as a burden by potential buyers, potentially lowering the property's value.

4. Liability and Safety Concerns

Ponds can also raise liability and safety concerns for homeowners. If not adequately fenced or secured, a pond could pose a drowning risk, especially for families with young children. Additionally, ponds that attract pests like mosquitoes or become breeding grounds for algae can create health hazards and further diminish the property's value.

Whether a pond enhances or hurts your home's value depends on various factors such as its aesthetic appeal, maintenance requirements, property size, and location. While a well-maintained pond can add to the property's charm and appeal, an unkempt or poorly situated pond could detract from its value. Ultimately, homeowners should carefully weigh the pros and cons of having a pond and consider factors such as maintenance, safety, and market trends before making a decision.

FAQs

1. Do ponds increase property value?

Ponds can increase property value if they are well-maintained and enhance the overall aesthetic appeal of the property. However, poorly maintained or unsightly ponds could have the opposite effect.

2. How can I enhance the value of my pond?

To enhance the value of your pond, ensure it is well-maintained, landscaped attractively, and potentially incorporate features like water fountains or ornamental fish. Additionally, address any safety concerns and keep the surrounding area tidy and well-maintained.

3. Are there any potential drawbacks to having a pond on my property?

While ponds can enhance the beauty of a property, they also come with maintenance requirements and potential safety hazards. Additionally, poorly maintained ponds could detract from the property's value and attract pests or algae, creating additional challenges for homeowners.

[shanmark54]

Beyond the Bowl: Unlocking Growth Opportunities in the Evolving Goldfish Market 2024-2032

In the ever-evolving landscape of the global pet industry, the goldfish market is set to experience a dynamic and transformative period from 2024 to 2032. As aquatic enthusiasts and pet owners worldwide anticipate the next wave of trends, challenges, and opportunities, the goldfish market stands at the forefront of innovation and growth.

1. Unveiling Current Trends:

The goldfish market has long been synonymous with ornamental fishkeeping, and recent trends suggest a resurgence in interest. Beyond traditional aquariums, goldfish are finding their way into various setups, including outdoor ponds, aquascapes, and even commercial applications. Their vibrant colors, diverse fin types, and distinct personalities make them a favored choice among both seasoned hobbyists and newcomers to the world of fishkeeping.

Get sample copy: https://www.econmarketresearch.com/request-sample/EMR00328

2. Drivers of Growth:

a. Aquascaping Renaissance:

The art of aquascaping, creating aesthetically pleasing underwater landscapes, has gained immense popularity. Goldfish, with their graceful movements and striking appearances, are becoming key players in this trend. Enthusiasts are seeking unique goldfish varieties to enhance the visual appeal of their aquatic creations.

b. Therapeutic Pet Keeping:

In an era where mental health and well-being take precedence, the therapeutic benefits of pet ownership cannot be overstated. Goldfish, known for their calming presence, are increasingly being recognized for their positive impact on stress reduction and relaxation. This trend is expected to drive demand among individuals seeking a companion that offers both visual delight and emotional support

Get discount: https://www.econmarketresearch.com/request-discount/EMR00328

Major key players

Pool Fisheries

Blue Ridge

Fish Hatchery

Arkansas Farm Bureau

Hazorea Aquatics

Oasis Fish Farm

Aqua Leisure

Imperial Tropicals

BioAquatix

Captive Bred

Shanghai Wanjin Ornamental Fish Farm

c. Advancements in Breeding Techniques:

The world of goldfish breeding is witnessing a renaissance, with breeders pushing boundaries to create novel and captivating varieties. Technological advancements in breeding techniques, including genetic manipulation, are expected to introduce unprecedented colors, patterns, and features to the market, captivating the imagination of enthusiasts.

3. Challenges and Considerations:

a. Environmental Responsibility:

As the goldfish market grows, so does the responsibility to address environmental concerns. The release of goldfish into natural water bodies can disrupt ecosystems. Responsible ownership and education initiatives will play a crucial role in ensuring the well-being of both the goldfish and the environments they inhabit.

4. Global Dynamics:

The goldfish market's dynamics vary across regions, influenced by cultural preferences, economic factors, and regulatory environments. While Asia, particularly China, has been a historical hub for goldfish trade, North America and Europe are emerging as key markets with a growing community of goldfish enthusiasts.

Goldfish Market Report Segmentation

By Type

Common Goldfish

Fancy Goldfish

By Size

Small Goldfish

Large Goldfish

By Colour

Orange Goldfish

Multicolored Goldfish

By Environment

Indoor Goldfish

Outdoor Goldfish

By Purpose

Pet Goldfish

Ornamental Goldfish

 Read more: https://www.econmarketresearch.com/industry-report/goldfish-market/

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Emerging Trends in the Ornamental Fish Feed Market: A Future Outlook

The Ornamental Fish Feed Market is estimated to be valued at US$ 3.47 Bn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The Ornamental Fish Feed Market provides nutrition and enhance the visual appearance of ornamental fish. Proper nutrition enhances the immunity, coloration and vitality of ornamental fish. Increase in popularity of ornamental fish keeping as a hobby has been driving the demand for ornamental fish feed products. Market Overview: Ornamental fish feed includes dried bloodworms, brine shrimp, tubifex worms, plankton, freeze dried krill, flakes and pellets. These feeds contain proteins, vitamins and minerals important for growth and health of ornamental fish. The rising adoption of aquarium keeping as a recreational activity has been boosting the sales of ornamental fish feeds. Market key trends: One of the key trend in the ornamental fish feed market is the rising demand for premium and specialized feeds. Fishkeepers are increasingly willing to spend more on premium feeds containing natural ingredients and targeting specific fish species or life stages. For example, flake feeds fortified with carotenoids are used for enhancing coloration of fish. Manufacturers are innovating specialized feed products for different types of fish like goldfish, betta, koi, tropical fish etc. to provide balanced nutrition as per their needs. This trend of utilizing premium and tailored feeds is expected to drive the ornamental fish feed market growth over the forecast period. Porter’s Analysis

Threat of new entrants: The ornamental fish feed market has high barriers for new entrants due to high capital investment required to set up manufacturing facilities. However, the market offers opportunities for new companies to offer innovative and customized feeds.

Bargaining power of buyers: Buyers in the ornamental fish feed market have moderate bargaining power due to wide availability of feeds from different brands. Switching costs are low for buyers to change suppliers.

Bargaining power of suppliers: Suppliers of raw materials like wheat bran, soybean, corn, fish meal and vitamins have moderate to low bargaining power due to availability of substitutes.

Threat of new substitutes: New aquaculture feed substitutes pose low threat as ornamental fish have specially formulated dietary needs. Competitive rivalry: High as major players competing on pricing and new product innovations.

SWOT Analysis

Strength: Wide product portfolio and global presence of key players. Innovation in formulation benefits fish health.

Weakness: Seasonality in demand impacts production planning. High R&D costs to develop customized feeds.

Opportunity: Growing aquarium market in developing nations offer new customers. Premium feeds segment presents opportunity.

Threats: Strict regulations on fishmeal sourcing impact costs. Competition from local aquaculture and pet feed players.

Key Takeaways

The global ornamental fish feed market is expected to witness high growth, exhibiting CAGR of 8.5% over the forecast period, due to increasing popularity of aquarium and adopting ornamental fishes as pet. The Asia Pacific dominated the market with highest market share in 2023 attributed to large Chinese market. Region wise, Asia Pacific is expected to remain the fastest growing market over the forecast period. Key players operating in the ornamental fish feed market are Alltech Inc., Ocean Star International, Inc., Cargill Incorporated., Hai Feng Feeds Co., Ltd., Taiyo Group, Sera GmbH, AlgaSpring B.V., PT Central Proteina Prima Tbk, and Tianjin Dongjiang food co., LTD. Alltech and Cargill have broader product portfolio catering to shrimps, salmon farming in addition to ornamental fish feeds. Taiyo and Ocean Star specialize in ornamental fish feed categories.

[pearlsmith25]

Ornamental Fish Feed Market To witness An Impressive Growth Rate and CAGR Value during the forecast period 2023-2030

Ornamental fish require a specialized diet to ensure their health and longevity. There are many different types of ornamental fish, each with their own dietary requirements, so it is important to choose a feed that is appropriate for your specific fish species.

In general, ornamental fish feeds are available in several forms, including flakes, pellets, and freeze-dried or frozen foods. Flakes are a popular choice for many types of fish, as they are easy to use and can be readily consumed by most fish. Pellets are a more concentrated form of fish food, and are often used for larger or more active fish species.

Freeze-dried or frozen foods are another option, and are often used to supplement the diet of ornamental fish. These foods may include things like bloodworms, brine shrimp, or krill, which can provide important nutrients and variety to a fish's diet.

When choosing a feed for your ornamental fish, it is important to look for a high-quality product that contains a balanced mix of nutrients, including protein, fat, and vitamins. It is also important to feed your fish the appropriate amount of food, as overfeeding can lead to health problems and water quality issues in your aquarium.

Asia Pacific is the largest market for ornamental fish feed, due to the region's high population of ornamental fish and the presence of a large number of fish feed manufacturers. North America and Europe are also significant markets for ornamental fish feed, with a growing number of people interested in keeping fish as pets.

Alltech Inc., Ocean Star International, Inc., Cargill Incorporated., Hai Feng Feeds Co., Ltd., Taiyo Group, Sera GmbH, AlgaSpring B.V., PT Central Proteina Prima Tbk, and Tianjin Dongjiang food co., LTD.

The demand for ornamental fish feed is driven by the increasing popularity of keeping ornamental fish as pets. With the growth of the middle class and rising disposable incomes in many regions of the world, more people are able to afford the cost of keeping and caring for ornamental fish, which has resulted in an increase in demand for high-quality fish feed.

Moreover, ornamental fish are increasingly being used for therapeutic purposes, such as in the treatment of stress, anxiety, and depression. This has also contributed to the growth of the ornamental fish market, and subsequently, the demand for specialized fish feed.

In addition, advances in technology have allowed for the development of specialized feeds that are tailored to the specific needs of different species of ornamental fish. This has further increased the demand for ornamental fish feed, as fish owners seek to provide the best possible care for their pets.

Furthermore, the increasing awareness of the benefits of a balanced and healthy diet for ornamental fish has led to a greater demand for high-quality, specialized fish feeds that provide the necessary nutrients for optimal health and growth.

The ornamental fish feed market is expected to experience significant growth in the coming years, driven by several factors. Firstly, the increasing popularity of keeping ornamental fish as pets has resulted in a higher demand for specialized fish feed that meets the nutritional needs of different types of fish.

Secondly, the growing middle class and increasing disposable incomes in many regions of the world have led to a rise in the number of people who can afford to keep ornamental fish as pets, further driving demand for fish feed.

Thirdly, advancements in technology have enabled the development of specialized feeds that are tailored to the specific needs of different species of ornamental fish, further increasing demand for high-quality, specialized fish feeds.

Moreover, the trend towards sustainable and eco-friendly products is also likely to have a positive impact on the growth of the ornamental fish feed market. Consumers are increasingly conscious of the environmental impact of their purchases, and are therefore more likely to choose products that are sustainably sourced and produced.

Additionally, the increasing awareness of the benefits of a balanced and healthy diet for ornamental fish has led to a greater demand for high-quality, specialized fish feeds that provide the necessary nutrients for optimal health and growth.

The ornamental fish feed market has a range of applications, as different types of fish require different types of feed to meet their nutritional needs. Some of the key applications of ornamental fish feed include:

Tropical Fish: Tropical fish are one of the most popular types of ornamental fish, and require specialized feed to maintain their health and vibrancy. Flakes, pellets, and freeze-dried or frozen foods are all commonly used to feed tropical fish.

Marine Fish: Marine fish require a specialized diet that is high in protein and nutrients, and that is designed to replicate their natural diet in the wild. Marine fish feed often contains a high percentage of protein, and may include things like krill, shrimp, or other types of seafood.

Goldfish: Goldfish are a popular type of ornamental fish that require a specialized diet to maintain their health and vibrant coloration. Goldfish feed is often high in carbohydrates, and may include things like peas or other vegetables.

Koi: Koi are a type of ornamental fish that require a specialized diet to maintain their health and vibrant coloration. Koi feed is often high in protein, and may include things like shrimp or other types of seafood.

Betta Fish: Betta fish require a specialized diet that is high in protein and nutrients, and that is designed to maintain their vibrant coloration and long flowing fins. Betta fish feed often includes things like brine shrimp or other types of live or frozen foods.

The ornamental fish feed market has several advantages that make it an attractive option for fish owners and manufacturers alike. Some of the key advantages of the ornamental fish feed market include:

Nutritional Balance: Ornamental fish feed is designed to provide a balanced and complete diet that meets the nutritional requirements of different types of fish. This ensures that the fish receive all the necessary nutrients, vitamins, and minerals to maintain their health and vibrant coloration.

Convenience: Ornamental fish feed is a convenient option for fish owners, as it can be easily stored and fed to the fish. Flakes, pellets, and other forms of ornamental fish feed are easy to use, and can be quickly dispensed to the fish.

Specialty Formulations: The ornamental fish feed market offers a range of specialized formulations that cater to the specific needs of different types of fish. This ensures that fish owners can provide the best possible care for their pets, and that the fish receive a diet that is tailored to their unique requirements.

Long Shelf Life: Ornamental fish feed has a long shelf life, which makes it a practical option for manufacturers and retailers. This allows for the production and distribution of large quantities of feed, which helps to meet the growing demand for specialized fish feed.

Sustainable Production: Many manufacturers of ornamental fish feed are committed to sustainable production practices, using responsibly sourced ingredients and eco-friendly packaging. This makes ornamental fish feed a more environmentally friendly option than some other types of fish feed.

Overall, the ornamental fish feed market offers several advantages, including nutritional balance, convenience, specialty formulations, long shelf life, and sustainable production practices. These factors make it an attractive option for both fish owners and manufacturers.

[mitinosh]

Ornamental Fish Feed Market Research Report, By Types, Recent Trends, Growth, Future Growth Analysis and Forecast to 2030