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Asia Pacific Aquafeed Market to be Driven by the Rising Aquaculture Industry in the Forecast Period of 2021-2026

Asia Pacific Aquafeed Market to be Driven by the Rising Aquaculture Industry in the Forecast Period of 2021-2026
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Artichokes Market- Research on Leading Players Revenue and Significant Growth Forecast by 2027

Artichokes Market- Research on Leading Players Revenue and Significant Growth Forecast by 2027 ....

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Global Aquafeed Market Is Expected to Reach USD 82.05

Global Aquafeed Market Is Expected to Reach USD 82.05 billion by 2028 : Fior Markets
Aquafeed Market by Species (Fish, Molluscs, Crustaceans, Others), Ingredients (Soybean, Fishmeal, Fish Oil, Corn, Additives, Others), Form (Dry, Wet, Moist), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028
June 02, 2021 19:00 ET
| Source:
Fior Markets
Fior Markets
Pune, INDIA
Newark, NJ, June 02, 2021 (GLOBE NEWSWIRE) As per the report published by Fior Markets, the
global aquafeed market is expected to grow from USD 58 billion in 2020 and reach USD 82.05 billion by 2028, growing at a CAGR of 5.3% during the forecast period 2021-2028.
The market s steady growth prospects are being fueled by the growing popularity of aquafeed containing beneficial ingredients. Furthermore, the world demand is expected to be driven by a rise in seafood trade as a result of rising ....

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Ridley Corp sells aquafeed plant to Skretting

Nutreco’s aquaculture division, Skretting, is to buy Ridley’s extrusion facility in Westbury, Tasmania, in an effort to boost its production capacity in that market.
Ridley said the sale is worth just under AUS$55m (US$42.7m). The facility, which only opened in July 2019, was underutilized, added Australia’s largest feed manufacturing company.
It said this divestment would allow it to
“reset” its manufacturing cost base. Its share price jumped on the news of the sale.
Ridley s extruded feed plant in Narangba, Queensland, which is currently being expanded, will continue to supply existing and new aquafeed customers.
“This will consolidate our aquaculture feed production into one facility, providing a competitive and lower cost supply chain to service the Australian and New Zealand aquaculture industry, including our Tasmanian customers,” said Ridley Corporation managing director and CEO, Quinton Hildebrand. ....

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Skretting snaps up Ridley facility in Australia for $43 million

Skretting snaps up Ridley facility in Australia for $43 million
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