Aquafeed Preservatives Market to Exhibit a Remarkable CAGR of 9.10% by 2028, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Aquafeed preservatives market is expected to expand at a compound annual growth rate of 9.10% over the forecast period of 2021 to 2028. Increasing demand for seafood across numerous regions is the factor for aquafeed preservatives market in the forecast period of 2021 to 2028.

The high demand for natural preservatives is estimated to grow in the aquafeed preservatives market, as animal welfare is an everyday worry for fish farmers, which in turn is boosting the growth of the aquafeed preservatives market over the forecast period of 2021 to 2028. In addition, the growing acceptance of aquafeed containing prebiotics, essential oils and palatants, natural extracts and feed acidifiers is projected to boost the market growth in the forecast period. Increasing preference for plant-based preservatives, increase in seafood trade, growth in the aquaculture industry, benefits associated with feed acidifiers, better protein digestibility, healthier immune response, increased resource competence in aquaculture and growing demand for exotic and protein are some of the key determinants that will accelerate the growth of the market in the forecast period of 2021 to 2028.

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The major players covered in the aquafeed preservatives report are ADM, BASF SE, Roquette Frères, Kemin Industries, Inc., Thai Union Group, Cargill Incorporated, Biomin, Growel Feeds, Aller Aqua Group, Adisseo, DuPont, Bentoli, Delacon Biotechnik GmbH,. Diana Group, MJI Universal Pte Ltd, Alltech, Norel Animal Nutrition, Biorigin, Calanus AS and Lallemand, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understands competitive strengths and provide competitive analysis for each competitor separately.

Competitive Landscape and Aquafeed Preservatives Market Share Analysis:

Aquafeed preservatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aquafeed preservatives market.

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