Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 144 million | USD 295 million | 9.38% | 2022 |
FrequentlyAsked Questions
Artemia is a genus of small, aquatic crustaceans that live in saltwater habitats, particularly salt pans and inland saltwater lakes. These hardy creatures have adapted to harsh conditions such as high salt levels and high temperatures.
The global artemia market cap may grow owing to the due to the due to rising demand in the aquaculture industry for sustainable and nutritious live feed in fish and shrimp hatcheries
According to study, the global artemia market size was worth around USD 144 million in 2022 and is predicted to grow to around USD 295 million by 2030.
The CAGR value of the artemia market is expected to be around 9.38% during 2023-2030.
The global artemia market growth is expected to be driven by Asia Pacific. It is currently the world’s highest revenue-generating market owing to booming aquaculture industry in nations and robust economic growth witnessed in countries such as China and India.
The global artemia market is led by players like Bios Agadir, Zineglob Ltd., ARGANisme Cosmetics S.A.R.L, Biopur Sarl, Morocco Gold, Argane Aouzac Cooperative, John Masters Organics, Kahina Giving Beauty, The Body Shop, and Organic Pure Oil.
The report analyzes the global artemia market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the artemia industry.
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