Aquafeed Additives Market to Exhibit ~5% CAGR to Reach Valuation Worth US$2.2 Bn by 2027; Flourishing Aquaculture Domain to Drive Growth, Finds TMR

Aquafeed Additives Market to Exhibit ~5% CAGR to Reach Valuation Worth US$2.2 Bn by 2027; Flourishing Aquaculture Domain to Drive Growth, Finds TMR

PR Newswire

ALBANY, New York, Feb. 26, 2020

- Aquaculture is among the fastest developing industries for animal production across the globe. This has created demand for nutritious and protein-rich aquafeed additives, which are a rich fatty acids source

- These aquafeed additives are being used for providing right amounts of minerals and vitamins to these animals, and thus driving market development

ALBANY, New York, Feb. 26, 2020 /PRNewswire/ -- In its newest research report, Transparency Market Research sheds light on the factors that are responsible for driving the growth of the global aquafeed additives market. The research report also provides detailed insight on the restraining factors, segmentation, and latest trends that are influencing the dynamics of the global market. According to the research report, the global aquafeed additives market will exhibit a healthy CAGR of ~5% for the given assessment period ranging from 2019 to 2027. With this given rate of growth, the market valuation is then projected to rise up to US$2.2 bn by the end of 2027. Initially in 2019, the valuation of the aquafeed additives market was recorded to be around US$1.3 bn.

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"The companies operating in the global aquafeed additives market are now shifting their focus on previously untapped geographical areas in Europe and Asia Pacific. This change in approach is due to the increasing aquaculture feed production in these regions. These companies are focusing on countries such as Indonesia, Vietnam, and India to develop new revenue streams", observe TMR analysts

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Key Findings in the Research Report

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Aquafeed Additives Market by Product Type: Amino Acids, Antioxidants, Antibiotics, Vitamins, Minerals, Feed Acidifiers, and Feed Enzymes; Application: Carps, Marine Shrimps, Tilapia, Catfish, Salmon, Sea Bass, and Others; and Source: Plants, Animals, and Microorganisms, Forecast 2019 – 2029 at

Global Aquafeed Additives Market – Prominent Driving Factors

View Detailed Table of Contents at

Global Aquafeed Additives Market – Prominent Restraining Factors

Global Aquafeed Additives Market – Regional Outlook

Analyze Aquafeed Additives market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Global Aquafeed Additives Market – Key Market Companies

Some of the prominent brand names in the global aquafeed additives market are ADM Animal Nutrition, Roquette Frères S.A., MJI Universal Pte Ltd., Kemin Industries., Skretting, Green Plains Inc., Cargill Incorporated., BIOMIN, Aller Aqua A/S among others.

Global Aquafeed Additives Market: Segmentation 

Aquafeed Additives Market, by Product Type 

Aquafeed Additives Market, by Application

Aquafeed Additives Market, by Source

Aquafeed Additives Market, by Region

Explore Transparency Market Research's award-winning coverage of the global Food and Beverages Industry,

Aquaculture Market - The aquaculture market was valued at over US$ 750 Mn in 2018, and is estimated to record a 2.4% Y-o-Y growth in 2019. Aquaculture remains a profitable business for not only combating the global food demand, but also helping rehabilitate the oceans.

Dried Apricots Market - The global dried apricots market stand strong at an astonishing USD $ 537.7 Mn. The market is projected to hit astonishing pints by the end of 2026. The growth will be attributed to the CAGR hike of 5.3% in the period from 2018 to 2026. 

Protein Ingredients Market - The protein ingredients market is favorable for growth in high demand regions such as North America and Europe. Innovations such as membrane separation technology are important milestones in dairy protein.

Hydrolyzed Collagen Market - Revenue generated from the global hydrolyzed collagen market has been estimated to be valued at ~US$ 870 Mn in 2019, which is projected to increase at a CAGR of ~8% during the forecast period. The global hydrolyzed collagen market is projected to reach ~ US$ 1.8 Bn by 2029.

Organic Shrimp Market - Manufacturers in the organic shrimp market, focusing on enhancing the quality of packaging to improve the shelf life and protect the integrity of shrimp, are likely to witness profitable gains and strengthen their foothold in the market.

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