Global aquafeed market size is anticipated to be valued at USD 165.04 billion by 2022, as per a new research report by HexaResearch. Increase in fish consumption for direct and indirect consumer applications is anticipated to drive the market growth. Increasing awareness regarding feed benefits in aquaculture among breeders is likely to drive the demand. Rising nutraceuticals demand such as omega 3 fortified products is expected to drive industry growth. Global aquafeed additives market is expected to reach USD 1.21 billion by 2022.
Amino acids dominated aquaculture additives market and accounted for more than 25% of the total demand in 2014. Increasing demand to maintain proper metabolism and provide proteins to aquatic animals is likely to drive growth. Feed acidifiers are likely to witness highest gains with an estimated CAGR of 6.0% from 2015 to 2022. Feed acidifiers demand has been witnessing a growth as it is effective in controlling diseases including caused by harmful bacteria such as E coli and Salmonella.
The report “Aquafeed Additive Market Size, Forecast Industry Report 2022” is available now to HexaResearch customers and can also be purchased directly at
Key report insights suggest:
For the purpose of this study, HexaResearch has segmented the aquafeed and aquaculture additives market on the basis of product, application and region:
Global Aquafeed Application Overview (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
Global Aquafeed Regional Overview (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
Global Aquaculture Additives Product Overview (Revenue, USD Million, 2012 – 2022)
Global Aquaculture Additives Regional Overview (Revenue, USD Million, 2012 – 2022)