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Pulished Date August, 2020
ID: 9948
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Aquafeed Additives Market by Ingredient (Palatants, Prebiotics, Feed Acidifiers, Anti-Parasitic), By Application (Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Sea Bass, Grouper and Others), and Region, Market Share, In-Depth Analysis, Detailed Overview, and Forecast, 2020-2025

Pulished: August, 2020
ID: 9948
Pages: 140

Aquafeed Additives Market Research Analysis 2020-2025:

Aquafeed Additives Market was estimated at USD 1.2 billion in 2019 and is anticipated to reach an extent of USD 2.2 billion by the end of the assessment period. The market is likely to experience reasonable growth to record a CAGR of 5.0% throughout the envisioned period (2020-2025).

Aquafeed additives are nutritious ingredients that are used in the manufacture of aquafeeds with the aim of improving the quality of the final product. These additives help keep fish healthier by preserving the chemical and physical qualities of their diet. They help in the ingestion of food and in the supply of essential nutrients in its purified form.

Recent Developments

In February 2019, the company Archer Daniels Midland has announced that it has successfully completed its acquisition of Neovia for € 1,544 million, creating a world leader in value-added products and solutions for livestock and companion animals.

Adisseo, a leading company in animal nutrition, published about its purchase of Nutriad, a renowned feed additive maker for almost five decades. The companies said this initiative will accelerate their success and expand their distribution network.

 Market Drivers and Restraints:

The growth of these countries can be attributed to large-scale fish farming due to favorable weather conditions, cheap labor, and abundant availability of resources. Also, the increasing acceptance of prebiotics containing aquafeeds, essential oils and natural extracts, palatants and food acidifiers is expected to drive long-term market growth. The dramatic rise and emergence of aquaculture in the global market, along with increased consumer awareness of nutrition, have fueled sales of compound feed and aquafeed additives globally. For example, fish consumption in Asian countries, particularly in East and Southeast Asia, has been driven by a combination of a large, growing and growing urban population, a dramatic population expansion. Fish production, an increase in international fish trade and an increase in disposable income will stimulate the market for aquafeed additives during the forecast period.

Antiparasitics are responsible for reducing and minimizing the appearance of such diseases. Antiparasitics are used in aquatic foods to improve food quality and prevent parasite infections in fish. Control of parasitic infections during fish farming is very complicated due to the availability of products with a limited license that are not resistant to the parasite population. Aquafeed additives are a rich source of protein and omega-3 fatty acids. When these additives are added to aquafeed Additives, they improve the nutritional value of the feed and provide benefits such as a higher growth rate, higher protein digestibility, better feed conversion, an improved immune system, and reduced species mortality aquatic. Therefore, increasing awareness among aquafeed additives manufacturers about the nutritional benefits of high protein additives is expected to spark demand for these additives.

Market Segmentation:

The global aquafeed market is segmented by product and application. The increased emphasis on animal health management, along with the FDA's trend to restrict the use of antibiotics, is expected to have a positive impact in the near future on the demand for aquafeed additives as feed additives for animals. Benefits associated with food acidifiers include a higher growth rate, higher protein digestibility, better food conversion, a better immune response, lower mortality, and greater resource efficiency in aquaculture. Phytogenic food additives are natural additives obtained from the roots, leaves, spicy fruits and tubers of herbs or other plants. Protein hydrolyzates are important sources of nutrients to improve food performance. Salmon protein hydrolyzate is used as a palatability enhancer in aquatic foods. In addition, hydrolyzates from food shrimp promote fish growth performance and have antimicrobial properties to combat pathogens in aquaculture.

Carps are grown due to the health benefits they offer. The increasing importance of omega-3 fatty acids in the food and beverage industry due to their ability to lower cholesterol levels is expected to increase carp farming activities. Aquafeed Additives such as microbial phytase to release phosphorus from phytic acid in vegetable protein concentrates, astaxanthin for fillet pigmentation and eggs in the case of breeders are added to trout feed to improve quality foods. Other additives are also used to improve food intake. For example, betaine is added to foods that contain rapeseed protein concentrate.

Impact of covid-19 on Aquafeed Additives Market

The Covid-19 pandemic has affected revenue in almost all end-user verticals with the strict government regulations to lockdown countries and shutdown all the manufacturing units. Aquafeed industry all witnessed a huge impact with the stopping of exports and closure of storage units. The decline in the purchase prices of aqua products has pushed farmers to halt the aquaculture, resulting in the declined usage of aquafeed. However, with the increasing government interference, the aquafeed industry is touted to witness moderate growth rate in the coming years.

Regional Analysis:

The global Aquafeed Additives market has been categorized based on geography to offer a deeper understanding of the international marketplace, which is spread across the areas of North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. The Aquafeed Additives industry in the North American market is likely to experience significant growth due to increased consumption of shellfish in countries such as the United States and Canada. The increasing consumption of species such as salmonids and molluscs, especially hard clams, oysters and mussels, contributes significantly to the growth of the market. The North American Aquafeed Additives market serves international and national markets. The increasing demand for shellfish produced by Aquafeed Additives can be attributed to a deficit in the production of wild fisheries, as well as the increased consumption of shellfish as part of the diet of individuals in the region.

The demand for Aquafeed Additives in the European market has increased significantly in the last decade, mainly due to the expansion of marine aquaculture in Norway, Denmark and Ireland. The significant improvement in the efficiency of food and nutrient consumption together with better environmental management has contributed to the growth of the market for aquatic food additives in the region. The growing aquaculture sector in the European market is expected to boost demand for Aquafeed Additives during the forecast period. The growing popularity of mussels in the region as a cheap source of protein along with the presence of fish farming bases in Europe is expected to complement the growth of the aquatic food additive market during the forecast period.

Leading Company

Nutriad had the largest share of the Aquafeed Additives Market in terms of sales revenue in 2019.

Key Players

The global aquafeed additives market is concentrated with key players like Aker Biomarine, Nutriad, Calanus AS, Olmix Group, Norel S.A, Lallemand, Alltech, Diana Group, Phileo by Lesaffre, DuPont de Nemours, Inc, Delacon, and others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Aquafeed Additives Market, By Ingredients                

                                6.1.1 Palatants  

                                6.1.2 Prebiotics

                                6.1.3 Feed Acidifiers      

                                6.1.4 Anti-Parasitic          

                                6.1.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

                6.2 Aquafeed Additives Market, By Application                 

                                6.2.1 Carp           

                                6.2.2 Rainbow Trout       

                                6.2.3 Salmon     

                                6.2.4 Crustaceans            

                                6.2.5 Tilapia        

                                6.2.6 Catfish      

                                6.2.7 Sea Bass   

                                6.2.8 Grouper   

                                6.2.9 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.10 Y-o-Y Growth Rate Analysis           

                                6.2.11 Market Attractiveness Index        

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Ingredients       

                                7.2.3 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Ingredients       

                                7.3.3 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Ingredients       

                                7.4.3 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Ingredients       

                                7.5.3 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Ingredients       

                                7.6.3 By Application        

8. Key Player Analysis                                    

                8.1 Aker Biomarine                         

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Nutriad                         

                8.3 Calanus AS                  

                8.4 Olmix Group                              

                8.5 Norel S.A                     

                8.6 Lallemand                   

                8.7 Alltech                          

                8.8 Diana Group                               

                8.9 Phileo by Lesaffre                    

                8.10 DuPont de Nemours, Inc                    

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Application and region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Aquafeed Additives Market By Region, From 2020-2025 ( USD Billion )
  2. Global Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  3. Global Palatants Market By Region, From 2020-2025 ( USD Billion )
  4. Global Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  5. Global Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  6. Global Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  7. Global Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  8. Global Carp Market By Region, From 2020-2025 ( USD Billion )
  9. Global Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  10. Global Salmon Market By Region, From 2020-2025 ( USD Billion )
  11. Global Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  12. Global Tilapia Market By Region, From 2020-2025 ( USD Billion )
  13. Global Catfish Market By Region, From 2020-2025 ( USD Billion )
  14. Global Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  15. Global Grouper Market By Region, From 2020-2025 ( USD Billion )
  16. North America Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  17. North America Palatants Market By Region, From 2020-2025 ( USD Billion )
  18. North America Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  19. North America Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  20. North America Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  21. North America Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  22. North America Carp Market By Region, From 2020-2025 ( USD Billion )
  23. North America Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  24. North America Salmon Market By Region, From 2020-2025 ( USD Billion )
  25. North America Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  26. North America Tilapia Market By Region, From 2020-2025 ( USD Billion )
  27. North America Catfish Market By Region, From 2020-2025 ( USD Billion )
  28. North America Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  29. North America Grouper Market By Region, From 2020-2025 ( USD Billion )
  30. United States Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  31. United States Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  32. Canada Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  33. Canada Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  34. Europe Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  35. Europe Palatants Market By Region, From 2020-2025 ( USD Billion )
  36. Europe Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  37. Europe Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  38. Europe Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  39. Europe Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  40. Europe Carp Market By Region, From 2020-2025 ( USD Billion )
  41. Europe Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  42. Europe Salmon Market By Region, From 2020-2025 ( USD Billion )
  43. Europe Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  44. Europe Tilapia Market By Region, From 2020-2025 ( USD Billion )
  45. Europe Catfish Market By Region, From 2020-2025 ( USD Billion )
  46. Europe Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  47. Europe Grouper Market By Region, From 2020-2025 ( USD Billion )
  48. U.K. Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  49. U.K. Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  50. Germany Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  51. Germany Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  52. France Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  53. France Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  54. Italy Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  55. Italy Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  56. Spain Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  57. Spain Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  58. Asia Pacific Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  59. Asia Pacific Palatants Market By Region, From 2020-2025 ( USD Billion )
  60. Asia Pacific Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  61. Asia Pacific Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  62. Asia Pacific Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  63. Asia Pacific Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  64. Asia Pacific Carp Market By Region, From 2020-2025 ( USD Billion )
  65. Asia Pacific Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  66. Asia Pacific Salmon Market By Region, From 2020-2025 ( USD Billion )
  67. Asia Pacific Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  68. Asia Pacific Tilapia Market By Region, From 2020-2025 ( USD Billion )
  69. Asia Pacific Catfish Market By Region, From 2020-2025 ( USD Billion )
  70. Asia Pacific Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  71. Asia Pacific Grouper Market By Region, From 2020-2025 ( USD Billion )
  72. Japan Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  73. Japan Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  74. China Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  75. China Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  76. India Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  77. India Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  78. Australia Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  79. Australia Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  80. South Korea Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  81. South Korea Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  82. Latin America Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  83. Latin America Palatants Market By Region, From 2020-2025 ( USD Billion )
  84. Latin America Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  85. Latin America Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  86. Latin America Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  87. Latin America Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  88. Latin America Carp Market By Region, From 2020-2025 ( USD Billion )
  89. Latin America Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  90. Latin America Salmon Market By Region, From 2020-2025 ( USD Billion )
  91. Latin America Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  92. Latin America Tilapia Market By Region, From 2020-2025 ( USD Billion )
  93. Latin America Catfish Market By Region, From 2020-2025 ( USD Billion )
  94. Latin America Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  95. Latin America Grouper Market By Region, From 2020-2025 ( USD Billion )
  96. Brazil Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  97. Brazil Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  98. Argentina Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  99. Argentina Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  100. Mexico Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  101. Mexico Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  102. Rest of Latin America Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  103. Rest of Latin America Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  104. Middle East and Africa Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  105. Middle East and Africa Palatants Market By Region, From 2020-2025 ( USD Billion )
  106. Middle East and Africa Prebiotics Market By Region, From 2020-2025 ( USD Billion )
  107. Middle East and Africa Feed Acidifiers Market By Region, From 2020-2025 ( USD Billion )
  108. Middle East and Africa Anti-Parasitic Market By Region, From 2020-2025 ( USD Billion )
  109. Middle East and Africa Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  110. Middle East and Africa Carp Market By Region, From 2020-2025 ( USD Billion )
  111. Middle East and Africa Rainbow Trout Market By Region, From 2020-2025 ( USD Billion )
  112. Middle East and Africa Salmon Market By Region, From 2020-2025 ( USD Billion )
  113. Middle East and Africa Crustaceans Market By Region, From 2020-2025 ( USD Billion )
  114. Middle East and Africa Tilapia Market By Region, From 2020-2025 ( USD Billion )
  115. Middle East and Africa Catfish Market By Region, From 2020-2025 ( USD Billion )
  116. Middle East and Africa Sea Bass Market By Region, From 2020-2025 ( USD Billion )
  117. Middle East and Africa Grouper Market By Region, From 2020-2025 ( USD Billion )
  118. Middle East Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  119. Middle East Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )
  120. Africa Aquafeed Additives Market By Ingredients, From 2020-2025 ( USD Billion )
  121. Africa Aquafeed Additives Market By Application, From 2020-2025 ( USD Billion )

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