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Aquafeed Additives Market Is Predicted To Witness Substantial Rise In Growth In The Forecast Period 2022-2031 | Aker Biomarine, Alltech, Biorigin, Kemin Industries
Aquafeed Additives Market
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The global aquafeed additives market report by the business research company identifies the rise in consumption and demand for seafood is expected to propel the growth of the aquafeed additives market. Consumer preference for seafood as a protein source and increased demand for exotic marine species such as shrimp and oysters are boosting the growth of the seafood industry. These species improve the protein requirements as they contain significant levels of vitamins, fat, and fatty oils such as sardine oil, squid oil, essential amino acids, phospholipids, and cholesterol, which are very beneficial for one's health.
The global aquafeed additives market size is expected to grow from $1.43 billion in 2021 to $1.49 billion in 2022 at a compound annual growth rate (CAGR) of 4.46%. The global aquafeed additives market size is expected to reach $1.86 billion in 2026 at a compound annual growth rate (CAGR) of 5.56%.
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North America was the largest region in the aquafeed additives market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global aquafeed additives market during the forecast period. The regions covered in the global aquafeed additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the aquafeed additives market are Aker Biomarine, Alltech, Biorigin, Kemin Industries, Norel SA, Nutriad Inc, Coppens International BV, Delacon Biotechnik Gmbh, Diana Group, Growel Feeds Pvt Ltd, Skretting, MJI Universal Pte Ltd, Biomar A/S, Dibaq AS, Charoen Pokphand Foods Public Company Limited, and Nutreco NV.
The global aquafeed additives market is segmented -
1) By Source: Animal, Microorganisms, Plant
2) By Ingredient: Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils and Natural Extracts, Palatants, Others
3) By Application: Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Sea Bass, Grouper, Others
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The Aquafeed Additives Market Report Contents Include
1. Executive Summary
2. Aquafeed Additives Market Characteristics
3. Aquafeed Additives Market Trends And Strategies
4. Impact Of COVID-19 On Aquafeed Additives
5. Aquafeed Additives Market Size And Growth
....
26. Africa Aquafeed Additives Market
27. Aquafeed Additives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aquafeed Additives Market
29. Aquafeed Additives Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the aquafeed additives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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