Global Aquafeed Additives Market, By Ingredient (Soybean, Fishmeal, Corn, Fish Oil, Additive, Others), Additive (Amino Acids, Vitamins & Minerals, Probiotics & Prebiotics, Enzymes, Antibiotics, Antioxidants, Others), Species (Fish, Crustaceans, Mollusks, Others), Form (Dry Form, Wet Form, Moist Form), Lifecycle (Grower Feed, Finisher Feed, Starter Feed, Brooder Feed), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Aquafeed Additives Market
Aquafeed additives market is expected to reach USD 83.81 billion by 2027 growing at a growth rate of 8.12% in the forecast period of 2020 to 2027. Increasing demand for seafood across numerous regions is the factor for aquafeed additives market in the forecast period of 2020 - 2027.
Increasing preference for plant-based additives, growth in the aquaculture industry, rise in seafood trade, benefits associated with feed acidifiers, better protein digestibility, healthier immune response, increased resource competence in aquaculture, growing demand for exotic and protein & omega 3 enriched fish species are some of the factors that will likely to enhance the growth of the market in the forecast period of 2020 to 2027. On the other hand, rising government initiatives and improvement of innovative products as a source of protein will further create new opportunities for the aquafeed additives market in the above mentioned forecast period.
Fluctuation in the cost of raw materials is the noted limitation for the growth of aquafeed additive market. On the other hand, growth in environmental and health concerns will act as challenge to the growth of the market in the forecast period of 2020 to 2027.
This aquafeed additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aquafeed additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aquafeed Additives Market Scope and Market Size
Aquafeed additives market is segmented on the basis of ingredient, additive, species, form and lifecycle. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredient, the aquafeed additives market is segmented into soybean, fishmeal, corn, fish oil, additive, and others. Soybean is further segmented into soybean meal, soy oil and soy lecithin. Corn is further segmented into corn gluten meal, corn gluten feed and corn oil.
- Based on additive, the aquafeed additives market is segmented into amino acids, vitamins & minerals, probiotics & prebiotics, enzymes, antibiotics, antioxidants and others.
- Based on the species, the aquafeed additives market is segmented into fish, crustaceans, mollusks and others. Fish is further segmented into tilapia, salmon, carp and trout. Crustaceans are further segmented into shrimp, crabs and krill. Mollusks are further segmented into oysters and mussels.
- On the basis of form, aquafeed market is segmented into dry form, wet form and moist form.
- The aquafeed additives market is also segmented on the basis of lifecycle. The lifecycle segment is segmented into grower feed, finisher feed, starter feed and brooder feed.
Aquafeed Additives Market Country Level Analysis
Aquafeed additives market is analysed and market size, volume information is provided by country, ingredient, additive, species, form and lifecycle as referenced above.
The countries covered in the aquafeed additives market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the aquafeed additives market in the forecast period of 2020 to 2027 because of growing demand for processed seafood market, increasing urbanization and diet diversification in the region.
The country section of the aquafeed additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aquafeed Additives Market Share Analysis
Aquafeed additives 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 additives market.
The major players covered in the aquafeed additives report are ADM Animal Nutrition, Roquette Frères S.A., Kemin Industries, MJI Universal Pte Ltd, Skretting, Green Plains Inc, Cargill Incorporated, BIOMIN, Aller Aqua A/S, Nutriad, DuPont de Nemours, Inc, Delacon, Camlin Fine Sciences Ltd., Diana Group, Alltech, Norel S.A., Calanus AS, Olmix Group, 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 understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Aquafeed Additives Market
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