Thailand Aquafeed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview: The Thailand aquafeed market size reached 378,700 Tons in 2022. Looking forward, IMARC Group expects the market to reach 607,600 Tons by 2028, exhibiting a growth rate (CAGR) of... もっと見る
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SummaryMarket Overview:The Thailand aquafeed market size reached 378,700 Tons in 2022. Looking forward, IMARC Group expects the market to reach 607,600 Tons by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028. Thailand has the most sophisticated commercial aquafeed manufacturing industry. It has one of the world's largest shrimp and fish production industries which play a significant role in the country’s economy. Rising exports of fishery products across various countries have increased the demand of aquafeed in the country. Moreover, all the required raw materials are easily available in the country that helps in the rapid development and production of fish feed such as corn, soybean, fish meal etc. Apart from this, rising awareness among consumers about the high-protein content of seafood has encouraged the farmers to use improved aquafeed. Additionally, new technologies are being introduced in the country to improve the feed quality in order to attain higher productivity. In addition, due to drug and chemical residue problems, farmers who culture freshwater shrimp have started using more commercial feed instead of on-farm mixed feed. Key Market Segmentation: IMARC Group provides an analysis of the key trends in each segment of the Thailand aquafeed market report, along with forecasts at the period 2023-2028. Our report has categorized the market based on end user, ingredient and product form. Breakup by End User: Fishes Tilapia Catfish Common Silver Barb Others Crustaceans Shrimp Others Mollusks Others Fish currently accounts for the largest share in the market. Breakup by Ingredient: Soybean Fish Meal Wheat Flour and Wheat Products Rice Products Corns Additives Vitamins and Minerals Amino Acids Feed enzymes Antioxidants Others Others Amongst these, soybean accounts for the largest share. Breakup by Product Form: Pellets Extruded Powdered Liquid Pellets represent the biggest segment, accounting for the largest market share. Competitive Landscape: The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry: Charoen Pokphand Group Cargill Thailand Thai Luxe Enterprises (Thailand) Co., Ltd. Thai Union Feed mill Co., Ltd. Lee Feed Mill Public Company Limited Betagro Group Inteqc Feed Co., Ltd. Key Questions Answered in This Report: How has the Thailand aquafeed market performed so far and how will it perform in the coming years? What is the breakup of the Thailand aquafeed market based on the end user? What is the breakup of the Thailand aquafeed market based on the ingredient? What is the breakup of the Thailand aquafeed market based on the product forms? What has been the impact of COVID-19 in the Thailand aquafeed market? What are the various stages in the value chain of the Thailand aquafeed market? What are the key driving factors and challenges in the Thailand aquafeed market? What is the structure of the Thailand aquafeed market and who are the key players? What is the degree of competition in the Thailand aquafeed market? Table of Contents1 Preface2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Thailand Aquafeed Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by End User 5.5 Market Breakup by Ingredient 5.6 Market Breakup by Product Form 5.7 Market Forecast 5.8 SWOT Analysis 5.8.1 Overview 5.8.2 Strengths 5.8.3 Weaknesses 5.8.4 Opportunities 5.8.5 Threats 5.9 Value Chain Analysis 5.9.1 Overview 5.9.2 Input Suppliers 5.9.3 Feed manufacturer 5.9.4 Marketing 5.9.5 Distribution 5.9.6 Exports 5.9.7 End-Use 5.10 Porters Five Forces Analysis 5.10.1 Overview 5.10.2 Bargaining Power of Buyers 5.10.3 Bargaining Power of Suppliers 5.10.4 Degree of Competition 5.10.5 Threat of New Entrants 5.10.6 Threat of Substitutes 5.11 Price Analysis 5.11.1 Price Indicators 5.11.2 Price Structure 5.11.3 Margin Analysis 6 Market Breakup by End User 6.1 Fishes 6.1.1 Market Trends 6.1.2 Market Breakup by Fish Type 6.1.2.1 Tilapia 6.1.2.1.1 Market Trends 6.1.2.1.2 Market Forecast 6.1.2.2 Catfish 6.1.2.2.1 Market Trends 6.1.2.2.2 Market Forecast 6.1.2.3 Common Silver Barb 6.1.2.3.1 Market Trends 6.1.2.3.2 Market Forecast 6.1.2.4 Others 6.1.2.4.1 Market Trends 6.1.2.4.2 Market Forecast 6.1.3 Market Forecast 6.2 Crustaceans 6.2.1 Market Trends 6.2.2 Market Breakup by Type 6.2.2.1 Shrimp 6.2.2.1.1 Market Trends 6.2.2.1.2 Market Forecast 6.2.2.2 Others 6.2.2.2.1 Market Trends 6.2.2.2.2 Market Forecast 6.2.3 Market Forecast 6.3 Mollusks 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Ingredient 7.1 Soybean 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Fish Meal 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Wheat Flour and Wheat Products 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Rice Products 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Corns 7.5.1 Market Trends 7.5.2 Market Forecast 7.6 Additives 7.6.1 Market Trends 7.6.2 Market Breakup Type 7.6.2.1 Vitamins and Minerals 7.6.2.1.1 Market Trends 7.6.2.1.2 Market Forecast 7.6.2.2 Amino Acids 7.6.2.2.1 Market Trends 7.6.2.2.2 Market Forecast 7.6.2.3 Feed Enzymes 7.6.2.3.1 Market Trends 7.6.2.3.2 Market Forecast 7.6.2.4 Antioxidants 7.6.2.4.1 Market Trends 7.6.2.4.2 Market Forecast 7.6.2.5 Others 7.6.2.5.1 Market Trends 7.6.2.5.2 Market Forecast 7.6.3 Market Forecast 7.7 Others 7.7.1 Market Trends 7.7.2 Market Forecast 8 Market Breakup by Product Form 8.1 Pellets 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Extruded 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Powdered 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Liquid 8.4.1 Market Trends 8.4.2 Market Forecast 9 Competitive Landscape 9.1 Market Structure 9.2 Key Players 9.3 Profiles of Key Players 9.3.1 Charoen Pokphand Group 9.3.2 Cargill Thailand 9.3.3 Thai Luxe Enterprises (Thailand) Co., Ltd. 9.3.4 Thai Union Feed mill Co., Ltd. 9.3.5 Lee Feed Mill Public Company Limited 9.3.6 Betagro Group 9.3.7 Inteqc Feed Co., Ltd. List of Figures Figure 1: Thailand: Aquafeed Market: Major Drivers and Challenges Figure 2: Thailand: Aquafeed Market: Consumption Volume (in ‘000 Tons), 2017-2022 Figure 3: Thailand: Aquafeed Market: Breakup by End User (in %), 2022 Figure 4: Thailand: Aquafeed Market: Breakup by Ingredient (in %), 2022 Figure 5: Thailand: Aquafeed Market: Breakup by Product Form (in %), 2022 Figure 6: Thailand: Aquafeed Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 7: Thailand: Aquafeed Industry: SWOT Analysis Figure 8: Thailand: Aquafeed Industry: Value Chain Analysis Figure 9: Thailand: Aquafeed Industry: Porter’s Five Forces Analysis Figure 10: Thailand: Aquafeed (Fishes) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 11: Thailand: Aquafeed (Tilapia) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 12: Thailand: Aquafeed (Tilapia) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 13: Thailand: Aquafeed (Catfish) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 14: Thailand: Aquafeed (Catfish) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 15: Thailand: Aquafeed (Common Silver Barb) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 16: Thailand: Aquafeed (Common Silver Barb) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 17: Thailand: Aquafeed (Other Fish Types) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 18: Thailand: Aquafeed (Other Fish Types) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 19: Thailand: Aquafeed (Fishes) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 20: Thailand: Aquafeed (Crustaceans) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 21: Thailand: Aquafeed (Shrimp) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 22: Thailand: Aquafeed (Shrimp) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 23: Thailand: Aquafeed (Other Types) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 24: Thailand: Aquafeed (Other Types) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 25: Thailand: Aquafeed (Crustaceans) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 26: Thailand: Aquafeed (Mollusks) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 27: Thailand: Aquafeed (Mollusks) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 28: Thailand: Aquafeed (Other End-Users) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 29: Thailand: Aquafeed (Other End-Users) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 30: Thailand: Aquafeed (Soybean) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 31: Thailand: Aquafeed (Soybean) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 32: Thailand: Aquafeed (Fish Meal) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 33: Thailand: Aquafeed (Fish Meal) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 34: Thailand: Aquafeed (Wheat Flour and Wheat Products) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 35: Thailand: Aquafeed (Wheat Flour and Wheat Products) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 36: Thailand: Aquafeed (Rice Products) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 37: Thailand: Aquafeed (Rice Products) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 38: Thailand: Aquafeed (Corns) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 39: Thailand: Aquafeed (Corns) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 40: Thailand: Aquafeed (Additives) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 41: Thailand: Aquafeed (Additives) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 42: Thailand: Aquafeed (Vitamins and Minerals) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 43: Thailand: Aquafeed (Vitamins and Minerals) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 44: Thailand: Aquafeed (Amino Acids) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 45: Thailand: Aquafeed (Amino Acids) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 46: Thailand: Aquafeed (Feed Enzymes) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 47: Thailand: Aquafeed (Feed Enzymes) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 48: Thailand: Aquafeed (Antioxidants) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 49: Thailand: Aquafeed (Antioxidants) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 50: Thailand: Aquafeed (Other Additives) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 51: Thailand: Aquafeed (Other Additives) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 52: Thailand: Aquafeed (Other Ingredients) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 53: Thailand: Aquafeed (Other Ingredients) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 54: Thailand: Aquafeed (Pellets) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 55: Thailand: Aquafeed (Pellets) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 56: Thailand: Aquafeed (Extruded) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 57: Thailand: Aquafeed (Extruded) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 58: Thailand: Aquafeed (Powdered) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 59: Thailand: Aquafeed (Powdered) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 Figure 60: Thailand: Aquafeed (Liquid) Market: Consumption Volume (in ‘000 Tons), 2017 & 2022 Figure 61: Thailand: Aquafeed (Liquid) Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028 List of Tables Table 1: Thailand: Aquafeed Market: Key Industry Highlights, 2022 and 2028 Table 2: Thailand: Aquafeed Market Forecast: Breakup by End User (in ‘000 Tons), 2023-2028 Table 3: Thailand: Aquafeed Market Forecast: Breakup by Ingredient (in ‘000 Tons), 2023-2028 Table 4: Thailand: Aquafeed Market Forecast: Breakup by Product Form (in ‘000 Tons), 2023-2028 Table 5: Thailand: Aquafeed Market Structure Table 6: Thailand: Aquafeed Market: Key Players
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