Aquafeed Additives Market Analysis

  • Report ID: 6255
  • Published Date: Jun 27, 2024
  • Report Format: PDF, PPT

Aquafeed Additives Market Analysis

Ingredient (Anti-parasitic, Feed Acidifiers, Prebiotics, Essential Oils & Natural Extracts, Palatants, Hydrolysates, Yeast Extracts)

Feed acidifier segment in the aquafeed additives market is estimated to exhibit CAGR of around 3.5% till 2036. Feed acidifiers are created using organic acids and their salts. They play a vital role in controlling gastric acid levels in aquatic animals leading to improved food digestion, and absorption.

The use of feed acidifiers as additives is predicted to experience significant expansion because they can help prevent diseases caused by E. coli and Salmonella. They are being seen as a substitute for antibiotics in protecting against diseases.

Application (Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Sea Bass, Grouper)

In terms of application, the catfish segment in aquafeed additives market is set to witness the largest size by the end of 2036. Catfish, as a sustainable fish species, are raised in freshwater ponds using corn, rice, and soybeans as aquafeed. Catfish are the preferred group of farmed aquaculture species because of their ability to be farmed in less-than-ideal climatic conditions.

The increasing consumer demand for catfish, induced by its high vitamin D and omega-6 fatty acid content, is set to boost the demand for aquafeed additives in the upcoming years.

Source (Plants, Animals, Microorganisms)

Plants segment is predicted to dominate aquafeed additives market share of around 40.0% by the end of 2036. Additives derived from corn, soybean, sunflower seed, peas, cottonseed, and other natural sources are in high demand due to their nutrient content, and rich protein. This makes them increasingly popular in the aquafeed additives industry as they offer a viable alternative to animal-based supplements, and are easily digestible.

Our in-depth analysis of the global market includes the following segments:

          Ingredient

  • Anti-parasitic
  • Feed Acidifiers
  • Prebiotics
  • Essential Oils & Natural Extracts
  •  Palatants
  • Hydrolysates
  • Yeast Extracts

           Application

  • Carp
  • Rainbow Trout
  • Salmon
  • Crustaceans
  • Tilapia
  • Catfish
  • Sea Bass
  • Grouper

           Source

  • Plants
  • Animals
  • Microorganisms
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Author Credits:  Parul Atri


  • Report ID: 6255
  • Published Date: Jun 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of aquafeed additives was over USD 2.3 billion.

The market size for aquafeed additives is projected to cross USD 15.2 billion by the end of 2036 expanding at a CAGR of 4.5% during the forecast period i.e., between 2024-2036.

The major players in the market are AquaTax Limited, Calmin Fine Sciences Inc., Delacon Biotechnik GmbH, Diana Group, Lallemand Inc., DuPont de Nemours Inc., and others.

The plants segment is anticipated to garner a share of 40% during 2024-2036.

The North American aquafeed additives sector is poised to hold a 33.1 % share by the end of 2036.
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