Aquafeed additives market Report Scope & Overview:

Aquafeed additives market size was esteemed at USD 1.42 billion out of 2022 and is supposed to develop at an accumulated yearly development rate CAGR of 5.3% from 2023 to 2030 and reach USD 2.14 billion by 2030.

Aquafeed additives are a rich wellspring of proteins and omega-3 unsaturated fats. While these additives are added to aquafeed, they work on the nutritive worth of the feed and give advantages, for example, expanded development rate, further developed feed transformation, better resistance framework, and decreased mortality of oceanic species. In this manner, mounting mindfulness among aquafeed makers in regards to the nutritive advantages of aquafeed additives that are wealthy in protein content is expected to set off the interest for these additives.

Aquafeed Additives Market Revenue Analysis

Hydroponics is one of the quickest creating creature creation enterprises around the world. This has provoked an interest in protein-rich and nutritious aquafeed additives that are a sound wellspring of unsaturated fats. Developing worries about acquiring the right nutrient and mineral additives for oceanic creatures are a portion of the key drivers contributing toward market development. Expanded mindfulness about premixes has set off the interest for aquafeed additives. For example, creature sustenance organization Alltech uncovered in their annual Alltech global feed survey that worldwide feed creation is rising.

Market dynamics:

Driving factors:

  • The rising acknowledgment of prebiotics containing aquafeeds, medicinal balms and regular concentrates, pollutants, and food acidifiers.

  • The sensational ascent and rise of hydroponics in the worldwide market, alongside expanded buyer consciousness of sustenance, have filled deals of compound feed and aquafeed additives universally.

Restraining factors:

  • Severe ecological guidelines in regards to the fish getting process.

  • Antiparasitics are liable for diminishing and limiting the presence of such illnesses.


  • The creation of hydroponics feed is expected to increment.

  • Drivers have set off the interest in feed supplements for ideal shrimp cultivation.


  • Natural supportability, creature government assistance, and productivity.

  • Makers are creating regular aqua feed additives for hydroponics species.

Impact of covid-19:

The covid-19 pandemic has impacted income in practically all end-client verticals with the severe unofficial laws to lockdown nations and shut down all the assembling units. The aquafeed business all saw a tremendous contact with the halting of products and conclusion of capacity units. The decrease in the buy costs of water items has pushed ranchers to stop hydroponics, bringing about the declined utilization of aquafeed. Notwithstanding, the rising government obstruction, the aquafeed business is promoted to observe a moderate development rate before very long.

Market estimation:

Given the application, the carps fragment is assessed to have a worthwhile development because their capacity to diminish cholesterol levels is supposed to help carp cultivating exercises. The previously mentioned factors are projected to fuel aquafeed additives request in the carp application portion and benefit the development of by and large market.

Key Market Segmentation:

By product type:

  • Amino acids

  • Antioxidants

  • Antibiotics

  • Vitamins

  • Minerals

  • Feed acidifiers

  • Feed enzymes

By application:

  • Carps

  • Marine shrimps

  • Tilapia

  • Catfish

  • Salmon

  • Sea bass

  • Others

By source:

  • Plants
  • Animals
  • Microorganisms

Aquafeed Additives Market Segmentation Analysis

Regional analysis:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • The rest of Latin America 

East Asia has arisen prevailing, holding the biggest offer in the worldwide aquafeed additives market. It is projected to stay at the top spot in the worldwide aquafeed additives market through the gauge years. Be that as it may, North America, South Asia, and Oceania are expected to show a higher development rate in the impending years.

Key players:

Major key players included are Nutriad inc., Calanus as, Olmix group, Norel SA, Lallemand inc., Alltech, Kemin industries, Nouryon, DuPont de nemours inc, Biorigin.

Olmix group-Company Financial Analysis

Company Landscape Analysis

Aquafeed Additives Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.42  Billion
Market Size by 2030 US$ 2.14   Billion
CAGR CAGR 5.3% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by application (tilapia, catfish)
• by ingredient (feed acidifiers, essential oil & natural extracts, prebiotics)
• by source (Plants, Animals, Microorganisms)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nutriad inc., Calanus as, Olmix group, Norel SA, Lallemand inc., Alltech, Kemin industries, Nouryon, DuPont de nemours inc, Biorigin.
Key Drivers •The rising acknowledgment of prebiotics containing aquafeeds, medicinal balms and regular concentrates, pollutants, and food acidifiers.
Restraints •Severe ecological guidelines in regards to the fish getting process.

Frequently Asked Questions

Ans: The base year calculated in the Aquafeed Additives Market report is 2021.

Ans: Nutriad inc., Calanus as, Olmix group, Norel SA, Lallemand inc., Alltech, Kemin industries, Nouryon, DuPont de Nemours inc, and Biorigin are the key players in the Aquafeed additives market.

Ans: Central and South America have the biggest offer in the Aquafeed Additives market.

Ans: The rising acknowledgment of prebiotics containing aquafeeds, medicinal balms and regular concentrates, palatants, and food acidifiers and the creation of hydroponics feed are expected to increment are the elements driving and resulting in opportunities for the Aquafeed additives market.

Ans: The worldwide Aquafeed additives market size is supposed to develop at an accumulated yearly development rate CAGR of 5.3% from 2022 to 2028 and reach USD 1.94 billion by 2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST analysis

8. Aquafeed additives market segmentation, product type

8.1 Amino Acids

8.2 Antioxidants

8.3 Antibiotics

8.4 Vitamins

8.5 Minerals

8.6 Feed Acidifiers

8.7 Feed Enzymes

9. Aquafeed additives market segmentation, by application

9.1 Carps

9.2 Marine Shrimps

9.3 Tilapia

9.4 Catfish

9.5 Salmon

9.6 Sea Bass

9.7 Others

10. Aquafeed additives market, by source

10.1 Plants

10.2 Animals

10.3 Microorganisms

11. Aquafeed additives market, by region/ country

11.1     Introduction

11.2     North America

11.2.1 the USA

11.2.2 Canada

11.2.3 Mexico

11.3     Europe

11.3.1 Germany

11.3.2 the UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4     Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5     The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6     Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profiles

12.1 Nutriad Inc.

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The Sns View

12.2 Calanus As

12.3 Olmix Group

12.4 Norel Sa

12.5 Lallemand Inc.

12.6 Alltech

12.7 Kemin Industries

12.8 Nouryon

12.9 Dupont De Nemours Inc

12.10 Biorigin

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone