Aquafeed preservatives market is expected to expand at a compound annual growth rate of 9.10% over the forecast period of 2021 to 2028. Increasing demand for seafood across numerous regions is the factor for aquafeed preservatives market in the forecast period of 2021 to 2028.
However, the fluctuation in the cost of raw materials is the noted limitation for the growth of aquafeed preservatives market, whereas the high growth in environmental and rising health concerns have the potential to challenge the growth of the aquafeed preservatives market in the forecast period of 2021 to 2028.
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The major players covered in the aquafeed preservatives report are ADM, BASF SE, Roquette Frères, Kemin Industries, Inc., Thai Union Group, Cargill Incorporated, Biomin, Growel Feeds, Aller Aqua Group, Adisseo, DuPont, Bentoli, Delacon Biotechnik GmbH,. Diana Group, MJI Universal Pte Ltd, Alltech, Norel Animal Nutrition, Biorigin, Calanus AS and Lallemand, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understands competitive strengths and provide competitive analysis for each competitor separately.
Global Aquafeed Preservatives Market Scope and Market Size:
Aquafeed preservatives market is segmented on the basis of ingredient, preservatives type, species and source. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredient, the aquafeed preservatives market is segmented into anti-parasitic, feed acidifiers, prebiotics, essential oils and natural extracts, pollutants and others.
- Based on preservatives type, the aquafeed preservatives market is segmented into amino acids, vitamins and minerals, probiotics and prebiotics, enzymes, antibiotics, antioxidants and others.
- Based on the species, the aquafeed preservatives market is segmented into fish, crustaceans, mollusc’s and others. Fish is further segmented into tilapia, salmon, carp and trout. Crustaceans is further segmented into shrimp, crabs and krill. Mollusc’s is further segmented into oysters and mussels.
- The aquafeed preservatives market is also segmented on the basis of source. The source segment is segmented into plants, animals and microorganism.
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Aquafeed Preservatives Market Country Level Analysis:
Aquafeed preservatives market is analyses and market size, volume information is provided by country, ingredient, preservatives type, species and source as referenced above.
The countries covered in the aquafeed preservatives market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aquafeed preservatives market because of the rapid increase in seafood consumption in emerging countries such as Canada and the U.S. Asia-Pacific is expected to expand at a significant growth over the forecast period of 2021 to 2028 owing to the availability of cheap labour, large quantity of resources, due to favourable climatic conditions and growing awareness of the nutrition in this particular region.
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