Market Share of Aquafeed Additives Industry
The aquafeed additive industry is fragmented, with the top 5-6 companies accounting for almost 40% of the market share. These companies are targeting countries in most parts of the world for business expansion, either by investing in new production units or acquiring established small players in specific regions. The investment in R&D activities to introduce new and efficient products is another strategy manufacturers adopt to stay ahead of their competition in the matured markets.
Aquafeed Additives Market Leaders
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Thai Union
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Inve Aquaculture
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Growel Feeds Pvt Ltd
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BASF
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Cargill
*Disclaimer: Major Players sorted in no particular order