The Aquafeed Additives Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Aquafeed Additives Market?
The Aquafeed Additives Global Market Report 2024 market has seen substantial growth recently. The market size is projected to increase from $1.75 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Aquafeed Additives Industry?
The Aquafeed Additives Global Market Report 2024 predicts that by 2029, the market will have expanded to a value of $2.45 billion, with a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Aquafeed Additives Market?
The key drivers in the aquafeed additives market are:
• Rising population growth and urbanization
• Increasing focus on environmental sustainability
• Shifts in regulatory policies
• Continued research and development in the sector
Global Market Segmentation: Identifying Major Aquafeed Additives Industry Segments
The aquafeed additives market covered in this report is segmented –
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
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What are the Emerging Trends Shaping the Future of the Aquafeed Additives Market?
The key trends in the battery technology market are:
• An increasing focus on sustainable practices in aquafeed production is a notable future trend.
• The rise in utilization of alternative proteins and functional feed ingredients in formulations is emerging.
• Precision aquaculture through digitalization is becoming a key trend shaping the future.
• The demand for clean label additives and customization in formulations is on the rise.
Who Are the Top Competitors & Leading Players in the Aquafeed Additives Market?
Major companies in the aquafeed additives market are:
• Alltech
• Biorigin
• Kemin Industries Inc.
• Norel SA
• BioMar Group A/S
• Cargill Inc.
• DuPont de Nemours Inc.
• Nutreco NV
• Nutriad Ltd.
• Calanus AS
• Olmix Group
• Lallemand Inc.
• Nouryon B. V.
• Delacon Biotech Nik Ges. m. b. H.
• Camlin Fine Sciences Ltd.
• Diana S. A. S.
• Aller Aqua A/S
• Archer Daniels Midland Company
• Ridley Corporation Ltd.
• Thai Union
• Inve Aquaculture Inc.
• Growel Feeds Pvt. Ltd.
• BASF SE
• Bluestar Adisseo Company
• Wilbur-Ellis Nutrition LLC
• Purina Animal Nutrition LLC
• Koninklijke DSM N. V.
• Skretting
• Clextral S. A. S.
• Trouw Nutrition LLC
• Balchem Corporation
• AquaBounty Technologies
• Scoular
• Nutra Blend LLC
Regional Dominance: Which Area Leads the Global Aquafeed Additives Market?
North America was the largest region in the aquafeed additives market in 2024
