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The Global Sinking Fish Feed Market Growth Accelerated By Sustainable Practices

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Dhanesha Patil
The Global Sinking Fish Feed Market Growth Accelerated By Sustainable Practices

Sinking Fish Feed allows for balanced nutrition in aquaculture which helps in the growth and health of fish. These feeds can be customized as per the nutritional needs of different fish species. It helps farmers achieve higher fish yields while reducing their environmental impact.

The global Sinking Fish Feed Market is estimated to be valued at US$ 12.4 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends: Fish farmers are increasingly adopting sustainable and environment-friendly practices to address rising concerns of aquatic pollution. They are using sinking fish feeds which reduces feed wastage and does not contaminate nearby water bodies. These feeds have higher density and sink quickly in water. It ensures fish consume most of the feed, thereby improving feed conversion rates. This leads to enhanced profitability for farmers and lower carbon footprint of the aquaculture industry.


Segment Analysis

The Global Sinking Fish Feed Market Demand is segmented by protein content into extruded and pellet sinking fish feed. The pellet sinking fish feed segment dominated the market in 2024 with a market share of over 60% as pellets offer convenience in feeding and uniform nutrient distribution. Pellet feeds are preferred for precision feeding in hatcheries and fish farms.

Key Takeaways

The global sinking fish feed market is expected to witness high growth over the forecast period of 2024 to 2031. The global Sinking Fish Feed Market is estimated to be valued at US$ 12.4 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031.

Regional analysis North America dominated the market in 2024 due to well established aquaculture industry in countries like the US and rising fish consumption. Asia Pacific is projected to grow at the fastest rate during the forecast period owing to growing fish farming in China, India and other Southeast Asian countries.

Key players

Key players operating in the sinking fish feed market are Admera Health, Abbott Laboratories, Agilent Technologies, Novartis AG, Dynamic DNA Laboratories, Empire Genomics, LLC., F. Hoffmann-La Roche Ltd., Illumina, Inc., OneOme, LLC, Myriad Genetics Inc., OPKO Health, Inc. (GeneDx.), Thermo Fisher Scientific, Inc., and AltheaDx.

Get more insights on this topic: https://www.ukwebwire.com/sinking-fish-feed-market-size-and-share-analysis-growth-trends-and-forecasts/

Explore more information on this topic, Please visit: https://captionssky.com/bottled-water-industry-in-united-states-an-ever-growing-segment/


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