Key Market Drivers
- Rising global consumption of seafood
- Growing aquaculture industry in Asia-Pacific and Latin America
- Increasing need for functional feed to improve fish growth and immunity
- Technological advancements in feed formulation and additive innovation
Leading Market Players
- Nutriad Inc.
- Kemin Industries Inc.
- Dupont De Nemours Inc.
- ALLER AQUA A/S
- Coppens International B.V.
- ALLTECH, INC.
- Biomin GmbH
- Charoen Pokphand Foods Public Company Limited
- Avanti Feeds Limited
- Diana Group
- Norel S.A.
- Olmix Group
- Delacon Biotechnik GmbH
- Lallemand Inc.
- Camlin Fine Sciences Inc.
Market Outlook
With increasing investments in sustainable aquaculture practices and demand for nutrient-rich and disease-resistant aquafeed, the aquafeed additives market is expected to witness moderate but steady growth in the coming years.
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