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What fueled the previous growth in the aquafeed additives market?

In recent times, the aquafeed additives market has experienced robust growth. There is an expected increase from $1.75 billion in 2024 to $1.87 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.1%. The expansion in the previous period can be linked to factors like the burgeoning aquaculture industry, specific nutritional needs, and the management of health and disease.

What will be the aquafeed additives market size in the future?

The size of the aquafeed additives market is predicted to witness robust expansion in the upcoming years, reaching $2.45 billion in 2029 with a compound annual growth rate (CAGR) of 7.0%. Various factors contributing to this growth during the forecasted period include population growth, urbanization, attention to environmental sustainability, changes in regulations, and global economic trends. Some of the significant trends anticipated within this period are research and development activities, implementation of sustainable practices, utilization of alternative proteins, inclusion of functional feed ingredients, the adoption of digital and precision aquaculture, customisation of formulations, and the use of clean label additives.

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What main drivers are fueling expansion in the aquafeed additives market?

The aquafeed additives market is predicted to grow due to the surge in seafood consumption and demand. The preference of consumers for seafood as a source of protein, as well as the heightened demand for exotic marine species such as shrimp and oysters, are fueling the surge in seafood popularity. These specific species meet protein needs as they possess high levels of vitamins, fat, and fatty oils like sardine oil and squid oil, along with essential amino acids, phospholipids, and cholesterol which are extremely beneficial to overall health. For example, the France-based intergovernmental economic organization, the Organization for Economic Cooperation and Development (OECD), has noted that 90% of the fish produced will be for human consumption, projecting an increase in consumption by 16.3% by 2029. As such, the swell in consumption of seafood and marine species will catalyse the growth of the aquafeed additives market.

What key areas define the segmentation of the global aquafeed additives market?

The aquafeed additives market covered in this report is segmented – _x000D_

_x000D_

1) By Source: Animal, Microorganisms, Plant_x000D_

2) By Ingredient: Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils And Natural Extracts, Palatants, Other Ingredients_x000D_

3) By Application: Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, Sea Bass, Grouper, Other Application_x000D_

_x000D_

Subsegments:_x000D_

1) By Animal: Fish Meal, Bone Meal, Blood Meal_x000D_

2) By Microorganisms: Probiotics, Yeast Extracts, Fermented Products_x000D_

3) By Plant: Plant Meals, Algal Extracts, Herbal Additives

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Who are the dominant players expanding their reach in the aquafeed additives market?

Major companies operating in the aquafeed additives market include 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

How are evolving market trends shaping aquafeed additives Strategies?

The trend of innovative product creation is increasingly impacting the aquafeed additives market. Businesses can maintain their relevance and grow in their respective markets by innovating their products. The aquafeed industry produces a vast array of species through different production methods. Leading companies are focusing on enhancing their understanding of nutrition by conducting advanced analyses on alternative raw materials and implementing sophisticated innovative techniques. Such innovations encompass water-resistant supplements, organic minerals, pretreatment of ingredients, modifiers of the gut environment, and enzymes. For instance, Secma Cabon Solution Vide, a company based in France specializing in equipment design and construction, unveiled MultyWays, a novel aquafeed delivery system, in September 2022. The company’s patented inventions include The CleanPipe system, DosAir, and Multiways valves. The combination of these three components optimizes production and increases profits. MultyWays not only boosts productivity and enables more regular daily feedings but also affords farmers extra time for other tasks. Furthermore, it reduces labor expenses, diminishes manual handling, and minimizes accidents associated with regular feeding movements.

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Which regions are emerging as leaders in the aquafeed additives market?

North America was the largest region in the aquafeed additives market in 2024. 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, Africa

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