Aquafeed Companies
The Aquafeed Market is experiencing robust growth driven by the increasing global demand for seafood and the burgeoning aquaculture industry. As the world's population continues to grow, there is a growing need for sustainable and efficient protein sources, with aquaculture emerging as a key solution. Aquafeed, a specialized nutritionally balanced feed for aquatic species, plays a pivotal role in supporting the healthy development and optimal growth of fish and other aquatic organisms.
The market is witnessing a shift towards advanced formulations that address the specific nutritional requirements of different aquatic species, promoting not only rapid growth but also enhancing disease resistance. Key ingredients in aquafeed include fish meal, soybean meal, grains, and other protein-rich sources, reflecting a trend towards sustainable sourcing and reduced reliance on wild-caught fish.
Aquafeed MarketOctober 2023- Veolia's insect meal and oil have been approved by the EU for aquafeed. Veolia Bioconversion Malaysia has received approval from the Malaysian Ministry of Agriculture to export Entomeal insect powder and Entolipid insect oil to the European market for use in aquaculture, animal feed and livestock. Insect feeds offer many benefits to these applications, such as high digestibility and a nutritious food source.
