Global Aquaculture Additives Market – Industry Analysis and Forecast

Global Aquaculture Additives Market was valued at US$ 1.20 Bn in 2017 and is expected to reach US$ 1.57 Bn by 2026, at a CAGR of 3.42% during a forecast period.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Aquaculture Additives Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Aquaculture Additives Market.

On the basis of application, the preservation segment is estimated to hold the largest share in the global aquaculture additive market during the forecast period due to widespread usage of aquaculture additive in developing countries such as India and China. The rise in demand for nutrition across the globe is also expected to drive the global aquaculture additive market during the forecast period in a positive way. Based on the product type, amino acids segment is projected to hold the largest share in the global aquaculture additive market during the forecast period as rising demand for the amino acids in nutrition application across the globe. Vitamins segment is also estimated to surge the global aquaculture additive market growth in a positive way.

Growing technological advancements in aquaculture additive are expected to surge the global aquaculture additive market growth in the near future. The rise in usage of aquaculture additive for surge immunity and protect aquatic animals from infection is propelling the global aquaculture additive market in a positive way. The increasing investments in R&D by manufacturers, which is anticipated to boost the global aquaculture additive market growth during the forecast period. Increasing need for surge the production and offer basic nutrients to aquatic organisms is driving the global aquaculture additive market growth in a positive way.

The rise in demand for the aquaculture additive across the globe is also expected to fuel the global aquaculture additive market growth in the near future. Aquaculture has a growing importance in the global animal agriculture industry as expansion in the global economy and an increase in disposable income of consumers across the globe, which is fueling the global aquaculture additive market growth. Global aquaculture additive market is driven by the easy availability of raw materials across the globe. However, fluctuation in prices of raw materials, which is expected to restraint the global aquaculture additive market growth during the forecast period.

In terms of region, the Asia Pacific is expected to hold the largest share in the global aquaculture additive market growth during the forecast period due to rise in demand for the aquaculture additive in chemical & petrochemical. North America is expected to generate the highest CAGR in the market during the forecast period owing to raising awareness regarding health and fitness in this region. Middle East & Africa is also estimated to drive the global aquaculture additive market growth in the near future as growing demand for aquaculture additive in the medical application in this region.

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The Scope of the Report Aquaculture Additives Market

Global Aquaculture Additives Market, by Product Type

• Amino Acids
• Antibiotics
• Vitamins
• Feed Acidifiers
• Others

Global Aquaculture Additives Market, by Application

• Preservation
• Processing
• Nutrition
• Others

Global Aquaculture Additives Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Key Players Operating in Global Aquaculture Additives Market

• Alltech Inc.
• Cargill, Inc.
• Bentoli, Inc.
• Norel S.A.
• TECHNA SA
• Evonik Industries
• Royal DSM
• BIOMIN Holding GmbH
• Bluestar Adisseo Co., Ltd.
• Archer Daniels Midland Company
• BASF SE
• Skretting A.S
• NEOVIA
• Novus International, Inc.
• De Heus Animal Nutrition B.V.
• Nutriad International NV
• Avanti Feeds Ltd.
• NK Ingredients Pte Ltd

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