PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391761
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391761
Middle East and Africa Warm Water Aquaculture Feed Market, By Species ; By Nature ; By Country, Competitive Landscape & Forecast, 2019-2029
Middle East and Africa Warm Water Aquaculture Feed Market Size Grows at Steady CAGR of 3.2% to Reach USD 8.3 Billion by 2029.
Middle East and Africa warm water aquaculture feed market is flourishing due to a spurring demand for seafood from growing population, increasing consumer awareness about healthy diet, and the expansion of aquaculture operations.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa warm water aquaculture feed market size at USD 6.67 billion in 2022. During the forecast period between 2023 and 2029, Middle East and Africa warm water aquaculture feed market size is to grow at a robust CAGR of 3.20% reaching a value of USD 8.32 billion by 2029. The Middle East and Africa warm water aquaculture feed market is driven by several key factors. The region's growing urbanization and changing lifestyle have increased the demand for convenient frozen food products, necessitating efficient packaging solutions. Also, a rising middle-class population with higher disposable incomes is boosting consumer spending on frozen foods. Advancements in packaging technology, including sustainable and eco-friendly options, are driving innovation in the market. Further, the COVID-19 pandemic accelerated the adoption of frozen foods, leading to an increased need for safe and secure packaging. These factors collectively contribute to the growth of the Middle East and Africa warm-water aquaculture feed market.
Warm Water Aquaculture Feed Market - Overview
Warm water aquaculture feed market refers to the industry that produces and supplies specialized feed for the cultivation of fish and other aquatic species in warm water environments. This market caters to the nutritional needs of various species such as tilapia, catfish, shrimp, and other tropical fish, promoting their growth and health in controlled aquaculture settings. Factors driving this market include the growing global demand for seafood, increased aquaculture production, and the need for sustainable and nutritionally balanced feeds. It encompasses a range of products and solutions tailored to support the thriving warm-water aquaculture sector.
Impact of COVID-19 on Middle East and Africa Warm Water Aquaculture Feed Market
The COVID-19 pandemic significantly impacted Middle East and Africa warm water aquaculture feed market. As lockdowns and social distancing measures were enforced, there was a surge in demand for frozen food products due to their longer shelf life. This led to increased production and consumption, driving the need for innovative and efficient packaging solutions to maintain product quality. However, disruptions in supply chains and labor shortages posed challenges. The pandemic also accelerated the shift towards online grocery shopping, influencing packaging preferences. Overall, the Middle East and Africa warm water aquaculture feed market witnessed fluctuations in demand, supply chain disruptions, and evolving consumer behavior in response to the pandemic.
Middle East and Africa Warm Water Aquaculture Feed Market - By Nature
By nature, Middle East and Africa warm water aquaculture feed market is split into Organic and Conventional segments. These segments represent the two distinct approaches to aquaculture feed production in the region. The organic segment focuses on sustainable and environmentally friendly practices, utilizing organic ingredients and methods to produce feed that meets ecological and health-conscious consumer demands. In contrast, the conventional segment follows traditional feed production methods, often incorporating synthetic additives and conventional farming practices. The choice between these segments reflects the growing consumer interest in sustainability and organic products within the aquaculture industry in the Middle East and Africa.
Competitive Landscape
Middle East and Africa warm water aquaculture feed market is fiercely competitive. Major companies in the market include Alltech, Purina Mills, Nutreco N.V., Ridley Corporation Limited, Adisseo, Aller Aqua Group, BIOMIN, INVE Aquaculture, and Charoen Pokphand Group Company, Ltd. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Middle East and Africa warm water aquaculture feed market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Middle East and Africa Warm Water Aquaculture Feed Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Warm Water Aquaculture Feed Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Warm Water Aquaculture Feed Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing demand for seafood
- 3.2.1.2. Rising income levels and urbanization
- 3.2.2. Restraints
- 3.2.2.1. Growing Trend of Renewable Energy
- 3.2.3. Opportunities
- 3.2.3.1. Technological advancements in feed formulation
- 3.2.4. Challenges
- 3.2.4.1. Environmental Concern
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Middle East and Africa Warm Water Aquaculture Feed Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Species
- 4.2.1.1. Chinese Fed Craps
- 4.2.1.2. Tilapia
- 4.2.1.3. Catfish
- 4.2.1.4. Milk Fish
- 4.2.1.5. Shrimps
- 4.2.1.6. Crustaceans
- 4.2.2. By Nature
- 4.2.2.1. Organic
- 4.2.2.2. Conventional
- 4.2.3. By Country
- 4.2.3.1. Saudi Arabia
- 4.2.3.2. UAE
- 4.2.3.3. Qatar
- 4.2.3.4. Kuwait
- 4.2.3.5. South Africa
- 4.2.3.6. Nigeria
- 4.2.3.7. Algeria
- 4.2.3.8. Rest of MEA
- 4.2.1. By Species
5. Saudi Arabia Warm Water Aquaculture Feed Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Species
- 5.2.2. By Nature
6. UAE Warm Water Aquaculture Feed Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Species
- 6.2.2. By Nature
7. Qatar Warm Water Aquaculture Feed Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Species
- 7.2.2. By Nature
8. Kuwait Warm Water Aquaculture Feed Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Species
- 8.2.2. By Nature
9. South Africa Warm Water Aquaculture Feed Market
- 9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Species
- 9.2.2. By Nature
10. Nigeria Warm Water Aquaculture Feed Market
- 10.1. Market Size & Forecast, 2019-2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Species
- 10.2.2. By Nature
11. Algeria Warm Water Aquaculture Feed Market
- 11.1. Market Size & Forecast, 2019-2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Species
- 11.2.2. By Nature
12. Rest of MEA Warm Water Aquaculture Feed Market
- 12.1. Market Size & Forecast, 2019-2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Species
- 12.2.2. By Nature
13. Competitive Landscape
- 13.1. List of Key Players and Their Offerings
- 13.2. Middle East and Africa Warm Water Aquaculture Feed Company Market Share Analysis, 2022
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
14. Impact of COVID-19 on Middle East and Africa Warm Water Aquaculture Feed Market
15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 15.1. Alltech
- 15.2. Purina Mills
- 15.3. Nutreco N.V.
- 15.4. Ridley Corporation Limited
- 15.5. Adisseo
- 15.6. Aller Aqua Group
- 15.7. BIOMIN
- 15.8. INVE Aquaculture
- 15.9. Charoen Pokphand Group Company, Ltd
- 15.10. Other Prominent Players
16. Key Strategic Recommendations
17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Region
- 17.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Middle East and Africa Warm Water Aquaculture Feed Segmentation
- Figure 2 Middle East and Africa Warm Water Aquaculture Feed Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Middle East & Africa Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 5 Middle East & Africa Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 6 Middle East & Africa Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 7 Middle East & Africa Warm Water Aquaculture Feed Market Share, By Country, By Value, 2019-2029
- Figure 8 Saudi Arabia Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 9 Saudi Arabia Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 10 Saudi Arabia Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 11 UAE Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 12 UAE Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 13 UAE Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 14 Qatar Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 15 Qatar Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 16 Qatar Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 17 Kuwait Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 18 Kuwait Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 19 Kuwait Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 20 South Africa Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 21 South Africa Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 22 South Africa Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 23 Nigeria Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 24 Nigeria Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 25 Nigeria Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 26 Algeria Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 27 Algeria Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 28 Algeria Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
- Figure 29 Rest of MEA Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Figure 30 Rest of MEA Warm Water Aquaculture Feed Market Share, By Species, By Value, 2019-2029
- Figure 31 Rest of MEA Warm Water Aquaculture Feed Market Share, By Nature, By Value, 2019-2029
List of Tables
- Table 1 Middle East & Africa Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 2 Middle East & Africa Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 3 Middle East & Africa Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 4 Middle East & Africa Warm Water Aquaculture Feed Market Size, By Country, By Value, 2019-2029
- Table 5 Saudi Arabia Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 6 Saudi Arabia Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 7 Saudi Arabia Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 8 UAE Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 9 UAE Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 10 UAE Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 11 Qatar Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 12 Qatar Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 13 Qatar Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 14 Kuwait Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 15 Kuwait Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 16 Kuwait Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 17 South Africa Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 18 South Africa Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 19 South Africa Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 20 Nigeria Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 21 Nigeria Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 22 Nigeria Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 23 Algeria Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 24 Algeria Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 25 Algeria Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 26 Rest of MEA Warm Water Aquaculture Feed Market Size, By Value (USD Million), 2019-2029
- Table 27 Rest of MEA Warm Water Aquaculture Feed Market Size, By Species, By Value, 2019-2029
- Table 28 Rest of MEA Warm Water Aquaculture Feed Market Size, By Nature, By Value, 2019-2029
- Table 29 Alltech Company Overview
- Table 30 Alltech Financial Overview
- Table 31 Purina Mills Company Overview
- Table 32 Purina Mills Financial Overview
- Table 33 Nutreco N.V. Company Overview
- Table 34 Nutreco N.V. Financial Overview
- Table 35 Ridley Corporation Limited Company Overview
- Table 36 Ridley Corporation Limited Financial Overview
- Table 37 Adisseo Company Overview
- Table 38 Adisseo Financial Overview
- Table 39 Aller Aqua Group Company Overview
- Table 40 Aller Aqua Group Financial Overview
- Table 41 BIOMIN Company Overview
- Table 42 BIOMIN Financial Overview
- Table 43 INVE Aquaculture Company Overview
- Table 44 INVE Aquaculture Financial Overview
- Table 45 Charoen Pokphand Group Company, Ltd Company Overview
- Table 46 Charoen Pokphand Group Company, Ltd Financial Overview
