Rising exports of fishery products across various countries have increased the demand of aquafeed in the country. It has one of the world's largest shrimp and fish production industries which play a significant role in the country’s economy. Thailand has the most sophisticated commercial aquafeed manufacturing industry. These insights are included in the report as a major market contributor. 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. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.4% during 2021-2026. The Thailand aquafeed market reached a volume of 1.10 Million Tons in 2020.
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