Fishmeal Market Expected to Total US$ 8,698.72 Million by 2034 Amid Rising Demand for High-quality Animal Feeds and Aquafeeds | Future Market Insights, Inc. [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
The United States Fish Meal Market Is Set To Experience A Robust Growth Trajectory, With A Projected Compound Annual Growth Rate (CAGR) Of 2.80% Until 2034. NEWARK, Del, March 11, 2024 (GLOBE NEWSWIRE) -- The global f ish meal market is estimated to be valued at US$ 5,633.51 million in 2024. It will likely exhibit a CAGR of during the forecast period, totaling US$ 8,698.72 million by the end of 2034. Demand is anticipated to remain high for powdered fish meal during the assessment period, owing to its benefits like better convenience and versatility. Multiple factors are expected to drive the growth of the Fish Meal market during the next ten years. These include: Rapid population growth, along with rising demand for protein-rich diets Booming aquaculture industry Rising demand for high-quality, nutritious animal feeds and aquafeeds Expanding usage of Fish Meal in fertilizers Increasing demand for premium aquaculture products like salmon and shrimp Fish meat has beco
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