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Ecuador Shrimp Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Ecuador shrimp feed market reached a volume of 368,289 Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Shrimp feed is the food formulated in order to meet the nutritional requirements of farmed shrimps. It assists in maintaining the ideal levels of essential amino acids, vitamins, minerals, fatty acids and molting accelerating substances. A complete feed is formulated in such a way that it provides all required nutrients necessary for the production of high-quality shrimps. Apart from providing nutritional requirements, shrimp feed also plays an important role in improving the immunity of shrimps against various diseases. The demand of shrimp feed has been witnessing robust growth over the last few years catalyzed by increasing shrimp exports. Ecuador represents one of the world’s largest producers of Litopenaeus vannamei (Whiteleg shrimp) and the largest in Latin America. Other key factors catalyzing the growth of the shrimp feed  market in Ecuador include increasing shrimp aquaculture, rising demand for value added feeds, increasing awareness levels, advancements in feed manufacturing technologies, etc.

IMARC Group’s latest report provides a deep insight into the Ecuador shrimp feed market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Ecuador shrimp feed market in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Ecuador shrimp feed market, along with forecasts at the period 2021-2026. Our report has categorized the market based on type, ingredients and additives.

  • Breakup by Type:
    • Grower
    • Finisher
    • Starter
       
  • Breakup by Ingredients:
    • Soybean Meal
    • Fish Meal
    • Wheat Flour
    • Fish Oil
    • Others
       
  • Breakup by Additives:
    • Vitamin and Protein
    • Fatty Acid
    • Antioxidant
    • Feed Enzyme
    • Antibiotics
    • Others
       
  • Value Chain Analysis
     
  • Key Drivers and Challenges
     
  • Porters Five Forces Analysis
     
  • PESTEL Analysis
     
  • Government Regulations
     
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Report Coverage:

  • Base Year Considered: 2020
  • Historical Data Coverage: 2015-2020
  • Market Forecast: 2021-2026
  • Currency: US$
  • Geography Covered: Ecuador
  • Segments Covered: Type, Ingredients and Additives
     

Report Customization: Although IMARC has tried to cover everything in the shrimp feed market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man hours of free customization for each report.

1    Preface
2    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    Ecuador Shrimp Feed Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Production Capacity Trends
        5.2.2    Volume Trends
        5.2.3    Value Trends
    5.3    Impact of COVID-19
    5.4    Price Analysis
        5.4.1    Price Indicators
        5.4.2    Price Structure
        5.4.3    Price Trends
    5.5    Market Breakup by Type
    5.6    Market Breakup by Ingredients
    5.7    Market Breakup by Additives
    5.8    Import and Export
    5.9    Market Forecast
    5.10    SWOT Analysis
        5.10.1    Strengths
        5.10.2    Weaknesses
        5.10.3    Opportunities
        5.10.4    Threats
    5.11    Value Chain Analysis
        5.11.1    Overview
        5.11.2    Input Suppliers
        5.11.3    Shrimp Feed Manufacturers
        5.11.4    Marketing
        5.11.5    Distribution
        5.11.6    Exports
        5.11.7    End-Use
    5.12    Porters Five Forces Analysis
        5.12.1    Overview
        5.12.2    Bargaining Power of Buyers
        5.12.3    Bargaining Power of Suppliers
        5.12.4    Degree of Rivalry
        5.12.5    Threat of New Entrants
        5.12.6    Threat of Substitutes
    5.13    PESTEL Analysis
        5.13.1    Political
        5.13.2    Economic
        5.13.3    Social
        5.13.4    Legal
        5.13.5    Environmental
        5.13.6    Technological
6    Ecuador Shrimp Feed Market: Breakup by Type
    6.1    Starter 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Grower 
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Finisher 
        6.3.1    Market Trends
        6.3.2    Market Forecast
7    Ecuador Shrimp Feed Market: Breakup by Ingredients
    7.1    Soybean Meal
        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
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Fish Oil
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Others
        7.5.1    Market Trends
        7.5.2    Market Forecast
8    Ecuador Shrimp Feed Market: Breakup by Additives
    8.1    Vitamin and Protein
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Fatty Acid
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Antioxidant
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Feed Enzyme
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Antibiotics
        8.5.1    Market Trends
        8.5.2    Market Forecast
    8.6    Others
        8.6.1    Market Trends
        8.6.2    Market Forecast
9    Government Regulations
10   Strategic Recommendations
11    Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
  
List of Figures

Figure 1: Ecuador: Shrimp Feed Market: Major Drivers and Challenges
Figure 2: Ecuador: Shrimp Feed Market: Production Capacity Trends (in Tons), 2015-2020
Figure 3: Ecuador: Shrimp Feed Market: Capacity Utilization (in %), 2015-2020
Figure 4: Ecuador: Shrimp Feed Market: Consumption Volume (in Tons), 2015-2020
Figure 5: Ecuador: Shrimp Feed Market: Production Volume (in Tons), 2015-2020
Figure 6: Ecuador: Shrimp Feed Market: Consumption Value (in Million US$), 2015-2020
Figure 7: Ecuador: Shrimp Feed Market: Production Value (in Million US$), 2015-2020
Figure 8: Ecuador: Shrimp feed Market: Average Prices (in US$/Kg), 2015-2020
Figure 9: Ecuador: Shrimp Feed Market: Breakup by Type (in %), 2020
Figure 10: Ecuador: Shrimp Feed Market: Breakup by Ingredients (in %), 2020
Figure 11: Ecuador: Shrimp Feed Market: Breakup by Additives (in %), 2020
Figure 12: Ecuador: Shrimp Feed Market: Export Volume (in Tons), 2014-2019
Figure 13: Ecuador: Shrimp Feed Market: Import Volume (in Tons), 2014-2019
Figure 14: Ecuador: Shrimp Feed Market: Production Capacity Trend (in Tons), 2021-2026
Figure 15: Ecuador: Shrimp Feed Market: Capacity Utilization (in %),2021-2026
Figure 16: Ecuador: Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 17: Ecuador: Shrimp Feed Market Forecast: Consumption Value (in Million US$), 2021-2026
Figure 18: Ecuador: Shrimp Feed Market Forecast: Production Volume (in Tons), 2021-2026
Figure 19: Ecuador: Shrimp Feed Market Forecast: Production Value (in Million US$), 2021-2026
Figure 20: Shrimp Feed Industry: SWOT Analysis
Figure 21: Shrimp Feed Industry: Value Chain Analysis
Figure 22: Shrimp Feed Industry: Porter’s Five Forces Analysis
Figure 23: Ecuador: Shrimp Feed Industry: PESTEL Analysis
Figure 24: Ecuador: Starter Type Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 25: Ecuador: Starter Type Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 26: Ecuador: Grower Type Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 27: Ecuador: Grower Type Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 28: Ecuador: Finisher Type Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 29: Ecuador: Finisher Type Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 30: Ecuador: Fish Meal Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 31: Ecuador: Fish Meal Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 32: Ecuador: Fish Oil Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 33: Ecuador: Fish Oil Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 34: Ecuador: Wheat Flour Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 35: Ecuador: Wheat Flour Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 36: Ecuador: Soya Bean Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 37: Ecuador: Soya Bean Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 38: Ecuador: Other Ingredient Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 39: Ecuador: Other Ingredient Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 40: Ecuador: Vitamin and Protein Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 41: Ecuador: Vitamin and Protein Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 42: Ecuador: Fatty Acid Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 43: Ecuador: Fatty Acid Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 44: Ecuador: Antioxidant Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 45: Ecuador: Antioxidant Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 46: Ecuador: Feed Enzyme Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 47: Ecuador: Feed Enzyme Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 48: Ecuador: Antibiotics Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 49: Ecuador: Antibiotics Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026
Figure 50: Ecuador: Other Additive Based Shrimp Feed Market: Consumption Volume (in Tons), 2015 & 2020
Figure 51: Ecuador: Other Additive Based Shrimp Feed Market Forecast: Consumption Volume (in Tons), 2021-2026

List of Tables

Table 1: Ecuador: Shrimp Feed Market: Key Industry Highlights, 2020 and 2026
Table 2: Ecuador: Shrimp Feed Market Forecast: Breakup by Type (in Tons), 2021-2026
Table 3: Ecuador: Shrimp Feed Market Forecast: Breakup by Ingredient (in Tons), 2021-2026
Table 4: Ecuador: Shrimp Feed Market Forecast: Breakup by Additives (in Tons), 2021-2026
Table 5: Ecuador: Shrimp Feed Market: Competitive Structure
Table 6: Ecuador: Shrimp Feed Market: Key Players

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Key Question Answered in this Report

According to the estimates by IMARC Group, the Ecuador shrimp feed market is expected to witness a CAGR of 7% from 2021 to 2026.

The expanding aquaculture sector, along with the rising consumption of protein-rich food products, represent some of the key drivers for the Ecuador shrimp feed market.

Numerous advancements in feed manufacturing technologies, along with the rising popularity of ready-to-eat and easy-to-cook shrimp products, are some of the key trends in the Ecuador shrimp feed market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations in the nation resulting in temporary halt in aquaculture practices, thereby negatively impacting the Ecuador shrimp feed market.

On the basis of the type, the market has been segmented into grower, finisher and starter. At present, grower exhibits a clear dominance in the market.

On the basis of the ingredients, the market has been bifurcated into soybean meal, fish meal, wheat flour, fish oil and others. Currently, soybean meal holds the majority of the total market share.

On the basis of the additives, the market has been divided into vitamin and protein, fatty acid, antioxidant, feed enzyme, antibiotics and others. Among these, vitamin and protein represents the largest segment.

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