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Aquafeed Additives Global Market Report 2022

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    Report

  • 175 Pages
  • September 2022
  • Region: Global
  • The Business Research Company
  • ID: 5655682
Major players in the aquafeed additives market are Aker Biomarine, Alltech, Biorigin, Kemin Industries, Norel SA, Nutriad Inc, Coppens International BV, Delacon Biotechnik Gmbh, Diana Group, Growel Feeds Pvt Ltd, Skretting, MJI Universal Pte Ltd, Biomar A/S, Dibaq AS, Charoen Pokphand Foods Public Company Limited and Nutreco NV.

The global aquafeed additives market is expected to grow from $1.43 billion in 2021 to $1.49 billion in 2022 at a compound annual growth rate (CAGR) of 4.46%. The aquafeed additives market is expected to reach $1.86 billion in 2026 at a compound annual growth rate (CAGR) of 5.56%.

The aquafeed additives market consists of sales of aquafeed additives products by entities (organizations, sole traders, and partnerships) that is used for improving the quality of aqua species by protecting the physical and chemical quality of their diet. It is a nutritive/non-nutritive ingredients provided in a small amount. Aquafeed additives are high in protein and omega-3 fatty acids, boosting the nutritional value of the feed and giving benefits such as a higher growth rate, feed conversion, and a more robust immune system.

The main sources of aquafeed additives are animals, microorganisms and plants. Animal-sourced aquafeed additives are additives sourced by animals. It includes growth promotants, antibiotics, hormones, and essential nutrients in the purified form like vitamins, minerals, amino acids, cholesterol, and phospholipids. The ingredients for aquafeed additives includes anti-parasitic, feed acidifiers, prebiotics, essential oils and natural extracts, palatants and others and are used as ingredients to make feed for carp, rainbow trout, salmon, crustaceans, tilapia, catfish, sea bass and grouper.

North America was the largest region in the aquafeed additives market in 2021. 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 and Africa.

The aquafeed additives market research report is one of a series of new reports that provides aquafeed additives market statistics, including aquafeed additives industry global market size, regional shares, competitors with a aquafeed additives market share, detailed aquafeed additives market segments, market trends and opportunities, and any further data you may need to thrive in the aquafeed additives industry. This aquafeed additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rise in consumption and demand for seafood is expected to propel the growth of the aquafeed additives market. Consumer preference for seafood as a protein source, and increased demand for exotic marine species such as shrimp and oysters, are boosting the growth of seafood. These species improve the protein requirements as they contain significant levels of vitamins, fat, and fatty oils such as sardine oil, squid oil, essential amino acids, phospholipids, and cholesterol, which are very beneficial for one's health. According to the FAO's The State of World Fisheries and Aquaculture 2020 report, the proportion of fish produced for human consumption is predicted to reach 89% by 2030, and with a significant fish consumption growth in Asia, Africa, and North America. Therefore, the rise in seafood and marine species consumption will drive the aquafeed additives market.

Innovative product development is gaining popularity as a major trend in the aquafeed additives market. Product innovation enables businesses to remain relevant in their market while growing and improving over time. Aquafeed is a diverse industry that produces hundreds of species on widely disparate production platforms. Major companies focus on improving nutritional understanding by conducting better analyses of alternative raw ingredients and utilizing advanced innovation. These Innovations include water-stable supplements, organic minerals, ingredient pretreatment, gut environment modifiers, and enzymes. For instance, in February 2020, Denmark-based Aller Aqua, a fish feed producer company, developed Recirculating Aquaculture Systems (RAS), which meets the high demand for feed efficiency, optimal water quality, and subsequent fish growth.

In April 2022, Marel, an Iceland-based food processing company, acquired Wenger Manufacturing LLC for a $540 million deal amount. Through this acquisition of Wenger, Marel is investing in new, complementary, and attractive growth markets, forming the fourth business segment alongside poultry, meat, and fish. Wenger Manufacturing LLC is a US-based processing solutions company focused on pet food, plant-based proteins, and aqua feed.

The countries covered in the aquafeed additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.




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Table of Contents

1. Executive Summary2. Aquafeed Additives Market Characteristics3. Aquafeed Additives Market Trends And Strategies4. Impact Of COVID-19 On Aquafeed Additives
5. Aquafeed Additives Market Size And Growth
5.1. Global Aquafeed Additives Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Aquafeed Additives Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Aquafeed Additives Market Segmentation
6.1. Global Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Animal
  • Microorganisms
  • Plant
6.2. Global Aquafeed Additives Market, Segmentation By Ingredient, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Anti-Parasitic
  • Feed Acidifiers
  • Prebiotics
  • Essential Oils And Natural Extracts
  • Palatants
  • Other Ingredients
6.3. Global Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Carp
  • Rainbow Trout
  • Salmon
  • Crustaceans
  • Tilapia
  • Catfish
  • Sea Bass
  • Grouper
  • Other Application
7. Aquafeed Additives Market Regional And Country Analysis
7.1. Global Aquafeed Additives Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Aquafeed Additives Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Aquafeed Additives Market
8.1. Asia-Pacific Aquafeed Additives Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Aquafeed Additives Market
9.1. China Aquafeed Additives Market Overview
9.2. China Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Aquafeed Additives Market
10.1. India Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Aquafeed Additives Market
11.1. Japan Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Aquafeed Additives Market
12.1. Australia Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Aquafeed Additives Market
13.1. Indonesia Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Aquafeed Additives Market
14.1. South Korea Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Aquafeed Additives Market
15.1. Western Europe Aquafeed Additives Market Overview
15.2. Western Europe Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Aquafeed Additives Market
16.1. UK Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Aquafeed Additives Market
17.1. Germany Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Aquafeed Additives Market
18.1. France Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Aquafeed Additives Market
19.1. Eastern Europe Aquafeed Additives Market Overview
19.2. Eastern Europe Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Aquafeed Additives Market
20.1. Russia Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Aquafeed Additives Market
21.1. North America Aquafeed Additives Market Overview
21.2. North America Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Aquafeed Additives Market
22.1. USA Aquafeed Additives Market Overview
22.2. USA Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Aquafeed Additives Market
23.1. South America Aquafeed Additives Market Overview
23.2. South America Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Aquafeed Additives Market
24.1. Brazil Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Aquafeed Additives Market
25.1. Middle East Aquafeed Additives Market Overview
25.2. Middle East Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Aquafeed Additives Market
26.1. Africa Aquafeed Additives Market Overview
26.2. Africa Aquafeed Additives Market, Segmentation By Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Aquafeed Additives Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Aquafeed Additives Market Competitive Landscape And Company Profiles
27.1. Aquafeed Additives Market Competitive Landscape
27.2. Aquafeed Additives Market Company Profiles
27.2.1. Aker Biomarine
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Alltech
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Biorigin
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Kemin Industries
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Norel SA
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Aquafeed Additives Market29. Aquafeed Additives Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

Executive Summary

Aquafeed Additives Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global aquafeed additives market.

This report focuses on aquafeed additives market which is experiencing strong growth. The report gives a guide to the aquafeed additives market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the aquafeed additives? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Aquafeed Additives market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aquafeed additives market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The aquafeed additives market section of the report gives context. It compares the aquafeed additives market with other segments of the aquafeed additives market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, aquafeed additives indicators comparison.

Scope

Markets Covered:

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

Companies Mentioned: Aker Biomarine; Alltech; Biorigin; Kemin Industries; Norel SA

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aker Biomarine
  • Alltech
  • Biorigin
  • Kemin Industries
  • Norel SA

Methodology

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