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Aquafeed Additives Market

Aquafeed Additives Market Size, Share & Segmentation by application (tilapia, catfish), by ingredient (feed acidifiers, essential oil & natural extracts, prebiotics), by source (Plants, Animals, Microorganisms), by Regions and Global Market Forecasts 2022 - 2028

Report Id: SNS/F&B/1360 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Aquafeed additives market size was esteemed at USD 1.35 billion out of 2021 and 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.

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 Graph

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.

Opportunities:

  • The creation of hydroponics feed is expected to increment.

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

Challenges:

  • 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 segment chart

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.

Aquafeed Additives Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.35  Billion
Market Size by 2028 US$ 1.94   Billion
CAGR CAGR 5.3% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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 (FAQ) :

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

4.1Covid 19 Impact Analysis

4.2 Impact of the Ukraine-Russia war

 

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

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Secondary Research

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