Aquafeed Market Size, Share, Growth, Emerging Trends and Forecast by 2028
The global aquafeed market is expected to achieve a valuation of USD 85.17 billion by 2028, with a forecasted compound annual growth rate (CAGR) of 5.59%. This growth is attributed to the increasing popularity of aquafeed, coupled with rising investments in research and development activities. The surge in seafood consumption and heightened consumer spending on fish and related products, including fish meal, fish oil, and fish silage, is also contributing to the market's expansion. Fortune Business InsightsTM has detailed these insights in its 2021-2028 report on the Aquafeed Market. In 2020, the market size was USD 55.71 billion, and it rose to USD 58.19 billion in 2021.
Information Source:
https://www.fortunebusinessins....ights.com/industry-r