| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 1.67 Billion |
| Market Size (2030) | USD 2.11 Billion |
| CAGR (2025 - 2030) | 4.81 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Aquafeed Additives Market Analysis
The Aquafeed Additives Market size is estimated at USD 1.67 billion in 2025, and is expected to reach USD 2.11 billion by 2030, at a CAGR of 4.81% during the forecast period (2025-2030).
The global aquafeed additives market is experiencing rapid growth, driven by the expansion of aquaculture and increasing worldwide demand for seafood. Aquafeed additives enhance the nutritional value of feed and are crucial for maintaining the health, growth, and productivity of farmed fish and crustaceans. The rising awareness of seafood's health benefits is driving demand for high-quality aquafeed additives to support sustainable fish farming practices.
A primary driver of aquafeed additives demand is the global increase in fish consumption. Fish is recognized as a valuable source of high-quality protein and essential nutrients that contribute to balanced diets and overall health. According to Det Norske Veritas (DNV), global marine production is projected to increase by 20% by 2050, further intensifying the need for effective feed additives to maintain healthy and sustainable aquaculture systems.
The Asia-Pacific region dominates the aquafeed additives market, with China, India, and Vietnam as key contributors. These countries are investing substantially in advanced aquaculture practices that emphasize high-quality feed additives. The region's favorable climate, abundant water resources, and well-established aquaculture industry support this growth. The Indian Council of Agricultural Research (ICAR) projects that India requires about 20 million metric tons of aquafeed by 2025 to meet growing demand. This increase in aquafeed demand is projected to significantly boost the need for aquafeed additives, driving market growth during the forecast period.
Sustainability has become a priority in aquafeed production, with producers incorporating sustainable additives, including alternative protein sources, to improve feed efficiency and reduce environmental impact. Technological advancements, such as precision feeding and automated systems, are optimizing additive use, ensuring fish receive essential nutrients while minimizing feed waste. These developments underscore the critical role of additives in fostering a responsible and efficient aquaculture industry.
Aquafeed Additives Market Trends
Acidifiers Lead Aquafeed Additives Market Growth as Global Seafood Demand Rises
The global seafood market is experiencing steady growth, driving expansion in the aquafeed additives sector. According to the OECD-FAO Agricultural Outlook, global fish consumption per capita increase from 20.7 kg in 2022 to 21.4 kg by 2031, representing a 4.4% rise. This increased demand emphasizes the importance of efficient aquaculture practices, with aquafeed additives becoming essential for improving fish health, growth, and feed efficiency. Acidifiers have emerged as the primary segment due to their benefits in enhancing feed utilization and disease resistance.
Aquaculture production is projected to reach 96 million metric tons by 2031, showing a 4.6% growth, according to the OECD-FAO Agricultural Outlook. The demand for seafood is anticipated to exceed production levels, highlighting the necessity for enhanced feed solutions. Aquaculture provide 59% of all fish for human consumption by 2031, up from 55% in 2021. This increase strengthens the aquafeed additives market, particularly acidifiers, which enhance gut health, improve nutrient absorption, and reduce antibiotic growth promoter usage.
Several factors contribute to acidifiers' dominance in the aquafeed additives market. The growing preference for seafood among health-conscious consumers has led aquaculture producers to focus on feed efficiency for sustainable supply. Increased urbanization and rising income levels in developing economies are also driving higher seafood consumption, requiring improved aquafeed solutions. Acidifiers reduce pH levels in the digestive tract and inhibit pathogenic bacteria, making them an effective natural alternative to antibiotics, consistent with the industry's move toward sustainable and antibiotic-free aquaculture.
As the aquaculture industry works to meet growing demand, acidifiers are essential in improving feed conversion efficiency and fish health. Their widespread adoption represents a significant trend in the aquafeed additives market, making them crucial components for the seafood industry's long-term sustainability.
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Asia Pacific Dominates the Market
Fish consumption in Asia is experiencing rapid growth due to urbanization, population expansion, and increasing demand for protein-rich diets. The World Bank forecasts that by 2030, Asia accounts for 70% of global fish consumption, with China alone representing 38% of global seafood demand. This surge in fish consumption is driving investments in aquaculture, leading to greater demand for aquafeed additives to ensure efficient and sustainable production practices.
Aquaculture in Asia is characterized by intensive and technologically advanced practices, supported by significant government initiatives. For instance, India's Pradhan Mantri Matsya Sampada Yojana (PMMSY) is promoting sustainable growth in the fisheries sector with an investment of USD 2.6 billion from FY 2020-21 to FY 2024-25. Furthermore, the 2023-24 budget allocated USD 720 million to support fishers, vendors, and small enterprises, enhancing value chain efficiency and creating growth opportunities for the aquafeed additives market.
Countries such as Vietnam, Thailand, the Philippines, India, and Indonesia are key suppliers to European and North American seafood markets. China, one of the largest producers of compound feed globally, generated about 44 million metric tons of aquafeed in 2022. The region's market features both local and global feed manufacturers competing to meet increasing demand and capture a larger market share.
The Asian aquafeed additives market is set for substantial growth, driven by rising fish consumption, government-supported sustainable aquaculture initiatives, and the established aquafeed industry, positioning it as a key player in the global seafood supply chain.
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Aquafeed Additives Industry Overview
The aquafeed additive industry is fragmented, with the top 5-6 companies holding significant market share. Major players include BASF, Growel Feeds Pvt Ltd, Thai Union Group, Benchmark Holdings plc (Inve Aquaculture Inc.), and Cargill Incorporated. These companies are expanding their global presence by investing in new production facilities or acquiring established regional players. In mature markets, manufacturers are focusing on research and development to introduce innovative and efficient products, aiming to maintain a competitive edge.
Aquafeed Additives Market Leaders
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Growel Feeds Pvt Ltd
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BASF
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Benchmark Holdings plc (Inve Aquaculture)
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Thai Union Group
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Cargill incorporated
- *Disclaimer: Major Players sorted in no particular order
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Aquafeed Additives Market News
- April 2023: Kemin AquaScience has launched Pathorol, a phytogenic-based feed additive for farmed shrimp. This product aims to improve shrimp health and performance by targeting the hepatopancreas, a key organ for digestion and nutrient absorption. Pathorol is designed to enhance hepatopancreatic health, potentially leading to improved feed digestibility, growth rates, and overall shrimp health.
- October 2022: ADM has introduced AquaTrax, a new yeast-based feed additive designed to enhance the health and performance of aquaculture species. Developed by Pancosma, ADM's global feed additives business, AquaTrax uses a specific yeast strain to improve gut health, boost immunity, and optimize growth rates in farmed fish and shrimp.
Aquafeed Additives Industry Segmentation
Aquafeed additives are ingredients added to aquafeed to enhance their nutritional value and support growth and health. The report covers the extensive study of segments and factors driving the growth of the commercial global aquafeed additive market. The Aquafeed Additives Market is segmented based on Species Type (Fish, Mollusks, Crustaceans, and Others), Additives Type (Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts in terms of value (USD) and volume (Metric Tons) for all the above segments.
| Species Type | Fish | ||
| Mollusks | |||
| Crustaceans | |||
| Others | |||
| Additives | Vitamins | ||
| Minerals | |||
| Antioxidants | |||
| Amino Acids | |||
| Enzymes | |||
| Acidifiers | |||
| Others | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Russia | |||
| Spain | |||
| Rest of Europe | |||
| Asia Pacific | India | ||
| China | |||
| Japan | |||
| Rest of the Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Africa | South Africa | ||
| Rest of Africa | |||
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Aquafeed Additives Market Research FAQs
How big is the Aquafeed Additives Market?
The Aquafeed Additives Market size is expected to reach USD 1.67 billion in 2025 and grow at a CAGR of 4.81% to reach USD 2.11 billion by 2030.
What is the current Aquafeed Additives Market size?
In 2025, the Aquafeed Additives Market size is expected to reach USD 1.67 billion.
Who are the key players in Aquafeed Additives Market?
Growel Feeds Pvt Ltd, BASF, Benchmark Holdings plc (Inve Aquaculture), Thai Union Group and Cargill incorporated are the major companies operating in the Aquafeed Additives Market.
Which is the fastest growing region in Aquafeed Additives Market?
North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Aquafeed Additives Market?
In 2025, the Asia Pacific accounts for the largest market share in Aquafeed Additives Market.
What years does this Aquafeed Additives Market cover, and what was the market size in 2024?
In 2024, the Aquafeed Additives Market size was estimated at USD 1.59 billion. The report covers the Aquafeed Additives Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aquafeed Additives Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Aquafeed Additives Industry Report
Statistics for the 2025 Aquafeed Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aquafeed Additives analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
