Increasing aquaculture activity and growing consumption of fish resulting from rising consumer awareness about health benefits will continue to drive the demand for aqua-feed over next five years, with a predicted growth rate of 11.4% annually.
However, fluctuating prices of key ingredients used in manufacturing fish feed such as fish meal and fish oil is expected to cut margins of animal feed machines manufacturers and will affect the growth of the market adversely. Therefore, low-cost alternative, conventional and functional aqua-feed, is expected to help the market and industry players to take advantage of opportunities and cope with new challenge to grow sustainably in near future, particularly for Asia Pacific– the market where led 65% market share in the world.
Although extrusion is of good raw material adaptability and capable to process different materials, the understanding of the process is still very limited, and it is hard to find out suitable extrusion process parameters to ensure both feed quality and production output of a particular alternative recipe. For feed mills, the research usually depends on trial-and-error experiments and experience, and is a very expensive task in terms of time and raw material cost.
In Muyang, we not only develop new feed machines, make innovations on them, but also research improved methods, tools and experience for their new applications to meet new challenge and create consistent value in our customers' feed mills.
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