Market Overview:
The global aquafeed additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for seafood products, rising awareness about the benefits of aquafeed additives, and growing investments in R&D activities for developing new and innovative products. The global aquafeed additives market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into anti-parasitic agents, feed acidifiers, prebiotics & probiotics, essential oils & natural extracts, palatants & flavor enhancers), and others (vitamins & minerals). On the basis of application,,the market is segmented into fish feed,, shrimp feed,, crab feed,,and other applications). The fish feed segment accounted for majority share in 2017 owing to high consumption rates across major regions. However,.the shrimp feed segmentis projectedto grow at a highest CAGR during forecast period due to increasing demand from emerging economies such as China,.India,.and Brazil.On th ebasis o fregion ,t he m arket i s se gmente d int o North America., Latin America., Europe., Asia Pacific., and Middle East Africa.). In 2017,.North America was largest contributor in terms of revenue followed by Europe.
Product Definition:
Aquafeed additives are used to improve the nutritional value of aquafeeds, and to enhance the performance and health of farmed fish. Some common aquafeed additives include vitamins, minerals, fats, oils, enzymes, probiotics and feed attractants. The use of aquafeed additives can help improve fish growth rates and feed conversion ratios, as well as boost the overall health of farmed fish.
Anti-Parasitic:
Anti-parasitic is a substance that prevents or relieves parasitic infestations. It can be used as an active ingredient in the treatment of diseases, such as hydatid disease (echinococcosis), cysticercosis (cyst infection), and ascariasis (intestinal roundworm infection). Anti-parasitic drugs are also used to prevent infections from occurring in the human body.
Feed Acidifiers:
Feed acidifiers are used to enhance the nutritional value of animal feed and prevent or reduce the occurrences of diseases in animals. Feed acidifier is a substance that is added to animal feed for improving its nutritive value and preventing or reducing disease occurrence in animals. Acidifiers can be single element (sodium, calcium, etc.) or a combination of elements (calcium & magnesium).
Application Insights:
The fish feed segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The increasing importance of aquafeed as a source of nutrition for farmed salmon and trout, coupled with growing demand for these species in restaurants and at home is expected to drive product demand.
Feed acidifiers are anticipated to be one of the fastest-growing segments due to their ability to maintain optimum pH levels in animal diets. These products prevent or reduce occurrences of acidosis which can be caused by excess dietary intake of phosphorous, sulfur or nitrogenous compounds present in feeds. Acidifiers also improve bone development & condition as well as milk yield & quality when added appropriately into animal diets.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for nearly half of global aquaculture production, which has resulted in a high demand for additives. China and India are among the fastest-growing markets owing to increasing aquaculture production as well as consumption of seafood products.
North America emerged as one of the major consumers due to growing awareness about sustainability coupled with rising consumer preference toward fish meat over other protein sources such as beef, pork, and poultry. Rising concerns regarding environmental pollution have led researchers to focus on alternative protein sources for human consumption that would help reduce carbon footprint while maintaining nutritional standards required by consumers’ bodies.
Growth Factors:
- Increasing demand for seafood due to changing dietary preferences of consumers towards healthy and nutritious food items.
- Aquaculture is becoming an important food production sector, which is expected to drive the aquafeed additives market growth in the coming years.
- Growing awareness about the benefits of using aquafeed additives among farmers and aquaculture operators is projected to boost the demand for these products in near future.
- Stringent regulations related to use of antibiotics and other feed additives in animal husbandry are likely to create opportunities for growth of the aquafeed additives market over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aquafeed Additives Market Research Report
By Type
Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils & Natural Extracts, Palatants
By Application
Fish Feed, Shrimp Feed, Crab Feed, Other
By Companies
Nutriad, Olmix Group, Lallemand, Kemin Industries, Biorigin, Nouryon, DuPont, Delacon, Camlin Fine Sciences, Diana Group, Nutriad, Norel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Aquafeed Additives Market Report Segments:
The global Aquafeed Additives market is segmented on the basis of:
Types
Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils & Natural Extracts, Palatants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fish Feed, Shrimp Feed, Crab Feed, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nutriad
- Olmix Group
- Lallemand
- Kemin Industries
- Biorigin
- Nouryon
- DuPont
- Delacon
- Camlin Fine Sciences
- Diana Group
- Nutriad
- Norel
Highlights of The Aquafeed Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Anti-Parasitic
- Feed Acidifiers
- Prebiotics
- Essential Oils & Natural Extracts
- Palatants
- By Application:
- Fish Feed
- Shrimp Feed
- Crab Feed
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aquafeed Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aquafeed additives are a type of food additive that are used to improve the nutritional quality of aquatic feeds. Aquafeed additives can help to increase the levels of important nutrients such as protein, vitamins, and minerals in aquatic feeds.
Some of the key players operating in the aquafeed additives market are Nutriad, Olmix Group, Lallemand, Kemin Industries, Biorigin, Nouryon, DuPont, Delacon, Camlin Fine Sciences, Diana Group, Nutriad, Norel.
The aquafeed additives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aquafeed Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aquafeed Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aquafeed Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aquafeed Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aquafeed Additives Market Size & Forecast, 2018-2028
4.5.1 Aquafeed Additives Market Size and Y-o-Y Growth
4.5.2 Aquafeed Additives Market Absolute $ Opportunity
Chapter 5 Global Aquafeed Additives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aquafeed Additives Market Size Forecast by Type
5.2.1 Anti-Parasitic
5.2.2 Feed Acidifiers
5.2.3 Prebiotics
5.2.4 Essential Oils & Natural Extracts
5.2.5 Palatants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aquafeed Additives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aquafeed Additives Market Size Forecast by Applications
6.2.1 Fish Feed
6.2.2 Shrimp Feed
6.2.3 Crab Feed
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aquafeed Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aquafeed Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aquafeed Additives Analysis and Forecast
9.1 Introduction
9.2 North America Aquafeed Additives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aquafeed Additives Market Size Forecast by Type
9.6.1 Anti-Parasitic
9.6.2 Feed Acidifiers
9.6.3 Prebiotics
9.6.4 Essential Oils & Natural Extracts
9.6.5 Palatants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aquafeed Additives Market Size Forecast by Applications
9.10.1 Fish Feed
9.10.2 Shrimp Feed
9.10.3 Crab Feed
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aquafeed Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Aquafeed Additives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aquafeed Additives Market Size Forecast by Type
10.6.1 Anti-Parasitic
10.6.2 Feed Acidifiers
10.6.3 Prebiotics
10.6.4 Essential Oils & Natural Extracts
10.6.5 Palatants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aquafeed Additives Market Size Forecast by Applications
10.10.1 Fish Feed
10.10.2 Shrimp Feed
10.10.3 Crab Feed
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aquafeed Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aquafeed Additives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aquafeed Additives Market Size Forecast by Type
11.6.1 Anti-Parasitic
11.6.2 Feed Acidifiers
11.6.3 Prebiotics
11.6.4 Essential Oils & Natural Extracts
11.6.5 Palatants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aquafeed Additives Market Size Forecast by Applications
11.10.1 Fish Feed
11.10.2 Shrimp Feed
11.10.3 Crab Feed
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aquafeed Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Aquafeed Additives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aquafeed Additives Market Size Forecast by Type
12.6.1 Anti-Parasitic
12.6.2 Feed Acidifiers
12.6.3 Prebiotics
12.6.4 Essential Oils & Natural Extracts
12.6.5 Palatants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aquafeed Additives Market Size Forecast by Applications
12.10.1 Fish Feed
12.10.2 Shrimp Feed
12.10.3 Crab Feed
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aquafeed Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aquafeed Additives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aquafeed Additives Market Size Forecast by Type
13.6.1 Anti-Parasitic
13.6.2 Feed Acidifiers
13.6.3 Prebiotics
13.6.4 Essential Oils & Natural Extracts
13.6.5 Palatants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aquafeed Additives Market Size Forecast by Applications
13.10.1 Fish Feed
13.10.2 Shrimp Feed
13.10.3 Crab Feed
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aquafeed Additives Market: Competitive Dashboard
14.2 Global Aquafeed Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nutriad
14.3.2 Olmix Group
14.3.3 Lallemand
14.3.4 Kemin Industries
14.3.5 Biorigin
14.3.6 Nouryon
14.3.7 DuPont
14.3.8 Delacon
14.3.9 Camlin Fine Sciences
14.3.10 Diana Group
14.3.11 Nutriad
14.3.12 Norel
