Latin America Aquafeed Market Report, Size, Price 2023-2028

El informe del estudio de mercado de Informes de Expertos titulado, ‘Mercado Latinoamericano de Piensos Acuícolas, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como especies, ingredientes, aditivos, forma de producto y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Aquafeed Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as spices, ingredients, additives, product form, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 6,70%

El mercado latinoamericano de alimentos acuícolas está creciendo en tamaño como resultado del aumento del consumo de productos del mar que ha impulsado las actividades de acuicultura y la creciente concienciación de los consumidores sobre los beneficios nutricionales de los productos del mar. Con el fin de aumentar las ventas de piensos acuícolas durante el periodo proyectado en la región objetivo, los principales actores también están incorporando tecnologías de vanguardia en la fabricación de piensos acuícolas.

Además, las principales empresas, como ADM y Cargill, son líderes debido a sus innovadores lanzamientos de productos según las demandas personalizadas de los consumidores. Dado que el segmento de las vitaminas y los minerales representa una parte significativa del mercado de los piensos acuícolas, el mercado de los piensos acuícolas se beneficiará durante todo el periodo de proyección de la combinación de estas variables, así como de las lucrativas perspectivas de crecimiento que ofrecen a productores y fabricantes los consumidores y su creciente poder adquisitivo en el sector objetivo.

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Industry Definition and Major Segments

Aquafeed or Aquaculture feeds are commercially produced feeds designed to give aquatic animals the balanced nutrition they need for healthy growth, a strong immune system, and reproduction. It is created with a variety of components and additives, including plants, marine life, fish oil, live feed from the ground, plant proteins, and cereal goods. The feed is full of vitamins, minerals, proteins, carbs, lipids, and other nutrients that are needed to provide a balanced diet for growing healthy fish.

The market is divided according to the species:

• Carp Feeds
• Tilapias
• Catfishes
• Marine Shrimp
• Marine Fishes
• Salmons
• Freshwater Crustaceans
• Trouts
• Others

Based on the ingredients, the market has been evaluated and segmented into:

• Soybean
• Corn
• Fish Oil
• Fish Meal
• Additives
• Others

By additives, the report covers:

• Vitamins and Minerals
• Feed Enzymes
• Antioxidants
• Others

Furthermore, aquafeeds are available in various forms such as:

• Pellets
• Extruded
• Liquid
• Powdered

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Ecuador
• Others

Market Trends

Owing to an increase in seafood consumption and growing consumer awareness of the nutritional benefits of seafood, the Latin American aquafeed market is expanding in ameliorated directions. Furthermore, as a result of this variable and growth factor, the target market had strong demand requests and an average revenue share of 9.85 million in 2021. To emphasise, there are a few market augmentation reasons that have helped Latin America’s aquafeed market, such as the demand for high-quality products and growing government initiatives for promoting aquaculture to develop the target region.

Additionally, the inferences made from these market dynamics demonstrate that important participants in Latin America’s objective industry are incorporating research efforts into their manufacturing or production of aquafeed. To ease the manufacturing and distribution processes as well as new product launches and innovations, several organisations are integrating new technological advancements into their current workflows, which has the potential to generate more revenue during the projection period.

Key Market Players

The major players in the market are:

• Archer Daniels Midland Company
• Cargill, Inc.
• Alltech Inc.
• Nutreco N.V.
• AllerAqua A/S
• Beneo GmbH
• Biomar A/S
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Absorption Costing MCQs with Answers Explanation Engineering ECE

What Is Absorption Costing?

Absorption costing, also known as the all-encompassing, all-inclusive, or comprehensive costing method, is a sophisticated and perplexing managerial accounting framework that attempts to incorporate all expenses that are linked to the production of a particular product. This method is highly intricate and involves a copious amount of calculations and analyses to arrive at the total cost of production.

Every minuscule expense, whether direct or indirect, such as raw materials, labor, rent, utilities, depreciation, maintenance, insurance, and every other associated cost, is taken into account to determine the total cost of the product. The complexity of this method is staggering, and it requires extensive knowledge of accounting principles, an understanding of manufacturing processes, and advanced analytical skills to execute.

However, despite its complexity, absorption costing is still widely used in the industry due to its comprehensive approach to providing an accurate picture of the cost of production. Moreover, under the generally accepted accounting principles (GAAP) in the United States, absorption costing is an approved method for external reporting. In contrast, variable costing is prohibited, adding to the confusion and perplexity surrounding this topic.

Which of the following costs would NOT be included in the cost of goods sold calculation under absorption costing?

a) Direct materials
b) Direct labor
c) Variable manufacturing overhead
d) Fixed manufacturing overhead
Answer: c) Variable manufacturing overhead

Explanation: Under absorption costing, both fixed and variable manufacturing overhead costs are included in the cost of goods sold calculation. Direct materials and direct labor costs are also included.

When production exceeds sales, absorption costing will result in:

a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: a) Higher net income than variable costing

Explanation: When production exceeds sales, there will be more fixed manufacturing overhead costs that are absorbed into the cost of goods sold calculation under absorption costing. This results in a higher net income compared to variable costing, which only includes variable manufacturing costs in the cost of goods sold calculation.

Which of the following statements is true about absorption costing?

a) It is used for external reporting purposes
b) It is used for internal decision-making purposes
c) It is the same as variable costing
d) None of the above
Answer: a) It is used for external reporting purposes

Explanation: Absorption costing is required for external financial reporting purposes, such as on the income statement and in financial statements. Variable costing, on the other hand, is often used for internal decision-making purposes.

In a period of increasing production and sales, absorption costing will result in:

a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: c) The same net income as variable costing

Explanation: When production and sales increase, absorption costing and variable costing will result in the same net income. This is because there will be fewer fixed manufacturing overhead costs per unit under absorption costing, but there will also be more units sold.