Asia-Pacific contributes to around 90% of the global aquaculture production. The major producing nations are China, India, Vietnam, Philippines, Japan, etc.
China is the major producer of aqua feed and contributes up to 62.3% to the global aqua feed production.
Developing countries have an edge over developed countries in small and medium scale production which generates mass aquaculture products.
Geographical Analysis
The business prospects of aqua feed in Asia-Pacific region are strong and optimistic.
The major challenge faced by is the huge demand of ingredients for its production. The search is on for alternative sources of raw materials.
The aqua feed market in Vietnam is well developed.
China is the largest aquaculture market and is also a major producer of aqua feed accounting for 45%- 50% of the worlds production annually.
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