Product Code: ETC125909 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Fish Feed market currently, in 2023, has witnessed an HHI of 2548, Which has increased moderately as compared to the HHI of 924 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) fish feed market has witnessed significant growth in recent years. Fish feed is a crucial component of aquaculture, providing essential nutrients and promoting the growth and health of farmed fish. The market`s expansion can be attributed to the UAE growing aquaculture sector, rising demand for seafood products, and the country`s efforts to achieve self-sufficiency in fish production. As the UAE aims to reduce its reliance on fish imports and boost domestic fish farming, the demand for high-quality and sustainable fish feed is expected to continue to increase.
Several factors have driven the growth of the fish feed market in the UAE. Firstly, the government`s initiatives to support and promote aquaculture as part of its food security strategy have encouraged investments in fish farming and related industries. The UAE coastal location and abundant seawater resources have facilitated the establishment of fish farms, contributing to the demand for fish feed. Secondly, the increasing awareness of the health benefits of fish consumption and the popularity of seafood products have driven the growth of the aquaculture sector. To meet the market demand, fish farmers are seeking high-quality fish feed to ensure the optimal growth and nutrition of their farmed fish.
Despite its positive growth prospects, the UAE fish feed market faces certain challenges. One major challenge is the dependence on fish feed imports from other countries, which can be affected by international trade dynamics and supply chain disruptions. To achieve long-term sustainability and reduce costs, the UAE is focusing on research and development to produce locally sourced and nutritionally balanced fish feed. Additionally, the competition from alternative sources of protein, such as poultry and livestock feed, can impact the market`s growth. Fish feed manufacturers need to offer innovative and cost-effective solutions to attract fish farmers.
The Covid-19 pandemic had a mixed impact on the UAE fish feed market. During the pandemic, disruptions in international trade and logistics could have affected the import of fish feed. The aquaculture sector faced challenges, including labor shortages and market uncertainties, which may have impacted fish farmers` production and purchasing decisions. However, the increasing focus on food security and the UAE commitment to domestic fish farming as a sustainable food source could have driven investments in the aquaculture industry, positively impacting the demand for fish feed.
The UAE fish feed market is experiencing remarkable growth, driven by the country`s burgeoning aquaculture industry and the increasing demand for high-quality and nutritious fish feed. Fish feed is a critical component in aquaculture, supporting the growth and health of farmed fish species. Key players leading this transformative market include aquafeed manufacturers such as Cargill Aqua Nutrition, Skretting, and Biomar Group. These industry pioneers are actively providing a diverse range of fish feed products, catering to the diverse needs of UAE fish farmers and aquaculture producers seeking premium and sustainable feed options. Additionally, local aquaculture suppliers and distributors like Emirates AquaTech and Aqua Art are contributing to the market`s expansion, fostering domestic expertise in fish feed distribution and supporting the UAE`s vision for sustainable and efficient aquaculture practices. With the UAE`s strategic focus on food security and responsible farming, the fish feed market is poised for even greater advancements, nourishing the aquaculture industry and contributing to the country`s self-sufficiency in seafood production.
United Arab Emirates (UAE) Fish Feed |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Fish Feed Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Fish Feed Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Fish Feed Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Arab Emirates (UAE) Fish Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Fish Feed Market Trends |
6 United Arab Emirates (UAE) Fish Feed Market, By Types |
6.1 United Arab Emirates (UAE) Fish Feed Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Plant Based, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Fish & Fish Products, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Microorganism, 2021-2031F |
6.2 United Arab Emirates (UAE) Fish Feed Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Flakes, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Sticks, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Powder, 2021-2031F |
6.3 United Arab Emirates (UAE) Fish Feed Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By Household, 2021-2031F |
6.4 United Arab Emirates (UAE) Fish Feed Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By B2B, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Fish Feed Market Revenues & Volume, By B2C, 2021-2031F |
7 United Arab Emirates (UAE) Fish Feed Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Fish Feed Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Fish Feed Market Imports from Major Countries |
8 United Arab Emirates (UAE) Fish Feed Market Key Performance Indicators |
9 United Arab Emirates (UAE) Fish Feed Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Fish Feed Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Fish Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Fish Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Fish Feed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Arab Emirates (UAE) Fish Feed Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Fish Feed Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Fish Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |