FISHFEED ADDITIVE SHRIMP FEED ADDITIVES MARKET ANALYSIS

Fishfeed Additive Shrimp Feed Additives Market, By Animal Type (Fish, Shrimp), By Additive Type (Binders, Vitamins, Amino Acids, Antioxidants, Enzymes, Antibiotics, Minerals, Acidifiers), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Sep 2023
Code : CMI5279
Pages :175
Formats :
Excel and PDF
Industry : Food and Beverages

Fishfeed Additive Shrimp Feed Additives MarketSize and Trends

The global fish feed additive and shrimp feed additive market is projected to reach around US$ 79.64 Billions by the end of 2030, in terms of revenue, growing at CAGR of 7.6% during the forecast period (2023-2030).

Market Trends

Increasing awareness about aqua feed additives is expected to positively shape market growth. As fish consumption continues to increase around the world, there is a growing demand for nutritional and mineral-rich additives. This trend is expected to continue in the near future as well.
Bioavailability of Fish feed additive and shrimp feed additive is also an important trend for the market. Moreover, increasing awareness of the benefits of premixes and supplements is another factor stimulating market growth.