Growing Consumption And Demand For Seafood: Key Factor Driving The Growth In The Aquafeed Additives Market

The Aquafeed Additives Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Aquafeed Additives Market Size During the Forecast Period?
In recent times, the aquafeed additives market has seen significant expansion. Its size is projected to increase from $1.75 billion in 2024 to $1.87 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.1%. This rise during the historic period can be related to the expansion of the aquaculture industry, dietary necessities, and health and disease management.

In the coming years, the aquafeed additives market is forecasted to experience robust growth. The market size is predicted to reach $2.45 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.0%. Factors influencing this growth during the forecast period include demographic growth and increased urbanization, environmental sustainability, changes in regulations, and worldwide economic trends. Important trends for this period will include research and development projects, the use of sustainable methods, alternative proteins, the use of functional feed ingredients, digitalization and precision in aquaculture, modifications in formulations, and the use of clean label additives.

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What Are the High-Growth Segments in the Aquafeed Additives Market?
The aquafeed additives market covered in this report is segmented -

1) By Source: Animal, Microorganisms, Plant
2) By Ingredient: Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils And Natural Extracts, Palatants, Other Ingredients
3) By Application: Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Sea Bass, Grouper, Other Application

Subsegments:
1) By Animal: Fish Meal, Bone Meal, Blood Meal
2) By Microorganisms: Probiotics, Yeast Extracts, Fermented Products
3) By Plant: Plant Meals, Algal Extracts, Herbal Additives

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What Key Drivers Are Expected to Influence Future Aquafeed Additives Market Growth?
Growth in the aquafeed additives market is anticipated to be driven by an increase in seafood consumption and demand. The preference of consumers for seafood as a source of protein, coupled with the rising demand for exotic marine species such as shrimp and oysters, is stimulating the expansion of the seafood sector. The consumption of these species enhances protein intake as they are rich in vitamins, fats and fatty oils like sardine oil and squid oil, and critical amino acids, phospholipids, and cholesterol, all of which have significant health benefits. As an illustration, the Organization for Economic Cooperation and Development (OECD), an intergovernmental economic body based in France, predicts that humans will consume 90% of the fish produced, with the rate of consumption foreseen to rise by 16.3% by 2029. As a result, the increased consumption of seafood and marine species is set to propel the growth of the aquafeed additives market.

Which Companies Hold the Largest Share Across Different Aquafeed Additives Market Segments?
Major companies operating in the aquafeed additives market include Alltech, Biorigin, Kemin Industries Inc., Norel SA, BioMar Group A/S, Cargill Inc., DuPont de Nemours Inc., Nutreco NV, Nutriad Ltd., Calanus AS, Olmix Group, Lallemand Inc., Nouryon B. V., Delacon Biotech Nik Ges. m. b. H., Camlin Fine Sciences Ltd., Diana S. A. S., Aller Aqua A/S, Archer Daniels Midland Company, Ridley Corporation Ltd., Thai Union, Inve Aquaculture Inc., Growel Feeds Pvt. Ltd., BASF SE, Bluestar Adisseo Company, Wilbur-Ellis Nutrition LLC, Purina Animal Nutrition LLC, Koninklijke DSM N. V., Skretting, Clextral S. A. S., Trouw Nutrition LLC, Balchem Corporation, AquaBounty Technologies, Scoular, Nutra Blend LLC

What Trends Are Driving Growth in The Aquafeed Additives Market?
The trend of innovative product creation is proving to be a significant trend within the aquafeed additives industry. Such innovation is critical for businesses to continue to thrive and evolve in their respective market. The aquafeed sector is multifaceted, producing countless species via a plethora of production methodologies. Prominent companies are placing emphasis on enhancing nutritional comprehension by performing more thorough analyses of alternate raw materials and embracing superior innovative processes. These advances encompass water-stable enhancements, natural minerals, ingredient preconditioning, modifiers for the gut environment, and enzymes. For example, in September 2022, Secma Cabon Solution Vide, a France-based company specializing in equipment design and construction, pioneered MultyWays. This unique aquafeed delivery system, along with the company's patented inventions namely, the CleanPipe system, DosAir, and Multiways valves, work in tandem to optimize production and profit. The MultyWays system not only aids in increasing production and permitting more frequent daily feedings but also provides farmers additional time for other tasks. It also contributes to a reduction in labor costs, limits manual intervention, and decreases the instances of accidents caused by repetitive feeding movements.

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What Are the Emerging Geographies for The Aquafeed Additives Market Growth?
North America was the largest region in the aquafeed additives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aquafeed additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aquafeed Additives Market?
2. What is the CAGR expected in the Aquafeed Additives Market?
3. What Are the Key Innovations Transforming the Aquafeed Additives Industry?
4. Which Region Is Leading the Aquafeed Additives Market?

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