Global Aquafeed Preservatives Market, By Ingredient (Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils and Natural Extracts, Palatants, Others), Preservatives Type (Amino Acids, Vitamins and Minerals, Probiotics and Prebiotics, Enzymes, Antibiotics, Antioxidants, Others), Species (Fish, Crustaceans, Mollusks, Others), Source (Plants, Animals, Microorganism), 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 2028
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. Likewise, rising government initiatives and improvement of innovative products as a source of protein will accelerate various new growth opportunities for the aquafeed preservatives market in the above mentioned forecast period. Also the growing awareness among the manufacturers regarding the preservatives is also boosting the market. Additionally, several factors counting growing population, rapid industrialization and urbanization across the world have enhanced the number of investors to invest the aquafeed preservatives market, which in turn is also fueling the growth of the aquafeed preservatives market.
However, the fluctuation in the cost of raw materials is the noted limitation for the growth of aquafeed preservatives market, whereas the high growth in environmental and rising health concerns have the potential to challenge the growth of the aquafeed preservatives market in the forecast period of 2021 to 2028.
This aquafeed preservatives 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 preservatives 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 Preservatives Market Scope and Market Size
Aquafeed preservatives market is segmented on the basis of ingredient, preservatives type, species and source. 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 preservatives market is segmented into anti-parasitic, feed acidifiers, prebiotics, essential oils and natural extracts, palatants and others.
- Based on preservatives type, the aquafeed preservatives market is segmented into amino acids, vitamins and minerals, probiotics and prebiotics, enzymes, antibiotics, antioxidants and others.
- Based on the species, the aquafeed preservatives market is segmented into fish, crustaceans, mollusks and others. Fish is further segmented into tilapia, salmon, carp and trout. Crustaceans is further segmented into shrimp, crabs and krill. Mollusks is further segmented into oysters and mussels.
- The aquafeed preservatives market is also segmented on the basis of source. The source segment is segmented into plants, animals and microorganism.
Aquafeed Preservatives Market Country Level Analysis
Aquafeed preservatives market is analyses and market size, volume information is provided by country, ingredient, preservatives type, species and source as referenced above.
The countries covered in the aquafeed preservatives market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, 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, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aquafeed preservatives market because of the rapid increase in seafood consumption in emerging countries such as Canada and the U.S. Asia-Pacific is expected to expand at a significant growth over the forecast period of 2021 to 2028 owing to the availability of cheap labor, large quantity of resources, due to favorable climatic conditions and growing awareness of the nutrition in this particular region.
The country section of the aquafeed preservatives 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 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.
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.
Customization Available : Global Aquafeed Preservatives Market
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