Aquafeed Additives Market Segmentation:
Ingredient Segment Analysis
Feed acidifier segment in the aquafeed additives market is estimated to exhibit substantial CAGR till 2035. Feed acidifiers are created using organic acids and their salts. They play a vital role in controlling gastric acid levels in aquatic animals leading to improved food digestion, and absorption. The use of feed acidifiers as additives is predicted to experience significant expansion because they can help prevent diseases caused by E. coli and Salmonella. They are being seen as a substitute for antibiotics in protecting against diseases.
Application Segment Analysis
In terms of application, the catfish segment in aquafeed additives market is set to witness the largest size by the end of 2035. Catfish, as a sustainable fish species, are raised in freshwater ponds using corn, rice, and soybeans as aquafeed. Catfish are the preferred group of farmed aquaculture species because of their ability to be farmed in less-than-ideal climatic conditions. The increasing consumer demand for catfish, induced by its high vitamin D and omega-6 fatty acid content, is set to boost the demand for aquafeed additives in the upcoming years.
Source Segment Analysis
Plants segment is predicted to dominate aquafeed additives market share of around 40% by the end of 2035. Additives derived from corn, soybean, sunflower seed, peas, cottonseed, and other natural sources are in high demand due to their nutrient content, and rich protein. This makes them increasingly popular in the aquafeed additives industry as they offer a viable alternative to animal-based supplements, and are easily digestible.
Our in-depth analysis of the global market includes the following segments:
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