Aquaculture Feed and Pharmaceuticals Market: Segment Snapshot and Table of Content (2017-2025)
The global market for aquaculture feed and pharmaceuticals is likely to be influenced by innovations and research in biologics and pharmaceuticals in the coming years. Needless to say, the pharmaceutical and biologics segment will dominate the global aquaculture feed and pharmaceutical market in terms of value during the eight year period 2017 – 2025. Our forecasts indicate that the pharmaceutical and biologics segment will reach a market valuation in excess of US$ 800 Mn by the end of the forecast period, registering an annual growth rate of 7.4%. Advancements in biologics will have a significant impact on the global market, and hence the biologics sub-segment will outpace the other sub-segments in terms of revenue growth, recording an impressive 7.7% CAGR during the forecast period.
The pharmaceutical and biologics segment is expected to be the most lucrative among the product types, with a market attractiveness index of 1.6. The medicated feed segment is expected to be the least attractive product type segment, recording a market attractiveness index of 0.4.
The global Aquaculture Feed and Pharmaceuticals market is segmented on the basis of expression system, product type, application, end user and region.
There is an increasing demand for structured R&D in the niche field of aquaculture feed and pharmaceuticals with research in biologics being a crucial component of the R&D initiatives. This has facilitated faster entry of drugs, medicated feed, and vaccines into the regional markets, specifically in developed countries such as the U.S and Canada. This has fueled inorganic growth in the global aquaculture feed and pharmaceutical market by means of strategic partner selection for M&A initiatives among key players.
The global market for aquaculture feed and pharmaceuticals is also witnessing some key trends. For instance, in the U.S, the usage of extra label drugs is permitted in aquaculture under the guidance and supervision of a licensed veterinarian. The FDA does not object to the use of approved extra label aquaculture medicated feeds if these drugs meet the mandatory compliance conditions stated under the Compliance Policy Guide, 615.115, Extra-label Use of Medicated Feeds for Minor species. This is anticipated to broaden the horizon and scope for further development of medicated feed and pharmaceuticals for aquaculture. Further, an increasing demand for in-feed medication as a prophylactic measure is being witnessed in the global aquaculture feed and pharmaceutical market. There has been a growing adoption of in-feed medication for fish to prevent the large-scale spread of diseases. The main aim here is to medicate healthy fish and prevent any kind of contact with infected fish. The demand for medicated aquafeed is increasing in organized fishing farms across Europe, given the limited use of antibiotics across the region.
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Summary of Table of Content
1. Executive Summary
2. Market Introduction
3. Market View Point
4. North America Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025
5. Latin America Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025
6. Europe Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025
7. Asia Pacific Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025
8. MEA Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025
9. Forecast Factors: Relevance and Impact
10. Forecast Assumptions
11. Competition Landscape
12. Global Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025, By Region
13. Global Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025, By Product Type
14. Global Aquaculture Feed and Pharmaceutical Market Analysis 2012–2016 and Forecast 2017–2025, By Species
15. Global Market Analysis 2012–2016 and Forecast 2017–2025
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