Aquafeed Additives Market

Aquafeed Additives - Global Market Outlook (2019-2027)

4.9 (97 reviews)
Published: June 2020 ID: SMRC19326
4.9 (97 reviews)
Published: June 2020 ID: SMRC19326

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aquafeed Additives Market is accounted for $1.22 billion in 2019 and is expected to reach $2.01 billion by 2027 growing at a CAGR of 6.5% during the forecast period. Increasing international fish trade and growing disposable income are the major factors propelling the market growth. However, factor such as stringent regulations is hampering the market growth.

Aquafeed additives are a rich source of proteins and omega-3 fatty acids. While these additives are added to aquafeed, they improve the nutritive value of the feed and provide benefits such as increased growth rate, improved feed conversion, better immunity system, and reduced mortality of aquatic species. Therefore, mounting awareness among aquafeed manufacturers regarding the nutritive benefits of aquafeed additives that are rich in protein content is anticipated to trigger the demand for these additives.

Based on the application, the carps segment is estimated to have a lucrative growth due to their ability to decrease cholesterol levels is expected to boost carp farming activities. The aforementioned factors are projected to fuel aquafeed additives demand in the carp application segment and also benefit the growth of overall market.

By geography, North America is likely to have a huge demand due to increase with raise in seafood consumption in countries like Canada and the U.S. raise consumption of species such as salmonids and mollusks are majorly contributing to the growth. North America serves both global as well as domestic markets.

Some of the key players profiled in the Aquafeed Additives Market include Aker Biomarine, Calanus AS, Norel S.A., Alltech, Diana Group, Phileo by Lesaffre, Camlin Fine Sciences Ltd., Delacon, DuPont de Nemours, Inc., Nouryon, Biorigin, Lallemand, Inc., Kemin Industries, Inc., Olmix Group and Nutriad.  

Sources Covered:
• Animal
• Micro-organisms
• Plant

Product Types Covered:
• Antioxidants
• Antibiotics
• Vitamins
• Minerals
• Feed Acidifiers
• Feed Enzymes
• Amino Acids
• Anti-Parasitic
• Prebiotics
• Essential Oils & Natural Extracts
• Palatants  

Applications Covered:
• Marine Shrimps
• Tilapia
• Catfish
• Salmon
• Sea Bass
• Carps
• Rainbow Trout
• Crustaceans
• Grouper
• Fish Feed
• Crab Feed  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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