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A Markets and Markets press release projects the aquafeed market to grow from USD 50.6 billion in 2020 to USD 71.6 billion by 2025, at a 7.2% CAGR. It attributes growth to rising seafood consumption and notes that fishmeal replacers such as poultry by-products, single-cell proteins and oilseeds are increasingly used.
The release is a market forecast with no new supply or price event.
Forecast growth in aquafeed supports long-run demand for fishmeal and its substitutes, but the release has no immediate price impact.
openpr.comMarkets, MaketsSep 21, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
