The aquafeed acidifiers market is expected to witness market growth at a rate of approximately 5.90% in the forecast period of 2021 to 2028 and is expected to reach USD 10.30 billion by 2028. Data Bridge Market Research report on aquafeed acidifiers market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the awareness among the manufacturers regarding the additives is escalating the growth of aquafeed acidifiers market.
Aquafeed additives refer to additives that are source of various proteins and acids and are available in various types such as acidifiers. They are added to aquafeed in order to improve the feed quality and prevent infections in fish caused by parasites. These products are known to provide benefits such as improved immunity system which reduce the mortality rate of aquafeed, healthy growth and improve feed conversion.
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The high relevance of controlling parasites in the fish farming sector as it may cost large economic loss acts as one of the major factors driving the growth of aquafeed acidifiers market. The increase in demand for palatants and aquafeed acidifiers for the cultivation of several species such as carp, tilapia, salmon and catfish especially in the emerging nations and concerns regarding parasite contamination accelerate the aquafeed acidifiers market growth. The rise in the government aids or funds promoting the wellness of the feed industry and increase in use of the products for enhanced feed conversion, improved immunity system and reduced mortality of aquatic species further influence the aquafeed acidifiers market. Additionally, growth in the aquaculture industry, rise in number of seafood trade and increasing importance of animal nutrition positively affect the aquafeed acidifiers market. Furthermore, surge in the production of animal feed and innovations in formulations extend profitable opportunities to the aquafeed acidifiers market players in the forecast period of 2021 to 2028.
On the other hand, rise in the prices of aquafeed acidifiers is expected to obstruct the aquafeed acidifiers market growth. Issues with the efficacy maintenance of feed acidifiers and adverse weather conditions are projected to challenge the aquafeed acidifiers market in the forecast period of 2021-2028.
This aquafeed acidifiers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aquafeed acidifiers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Aquafeed Acidifiers Market Scope and Market Size
The aquafeed acidifiers market is segmented on the basis of type, form, compound and species type. The growth among segments helps you analyze 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 type, the aquafeed acidifiers market is segmented into propionic acid, formic acid, lactic acid, citric acid, sorbic acid and malic acid.
- On the basis of form, the aquafeed acidifiers market is segmented into dry and liquid.
- On the basis of compound, the aquafeed acidifiers market is segmented into blended and single.
- On the basis of species type, the aquafeed acidifiers market is segmented into carp, rainbow trout, salmon, crustaceans, tilapia, catfish, sea bass, grouper and others.
Global Aquafeed Acidifiers Market Country Level Analysis
The aquafeed acidifiers market is analyzed and market size, volume information is provided by country, type, form, compound and species type as referenced above.
The countries covered in the global aquafeed acidifiers market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, 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, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aquafeed acidifiers market due to the increase in demand for aquaculture-produced seafood and rise in the consumption of seafood as a part of the diet of individuals within the region. Europe is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rising popularity of mussels and high demand for aquafeed additives in the region.
The country section of the aquafeed acidifiers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Aquafeed Acidifiers Market Share Analysis
The aquafeed acidifiers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aquafeed acidifiers market.
The major players covered in the aquafeed acidifiers market report are Roquette Frères, ADM Animal Nutrition, Kemin Industries, MJI Universal Pte Ltd., Skretting, Green Plains Inc., Cargill, Incorporated, BIOMIN, Aller Aqua A/S, Nutriad, DuPont, Delacon, Camlin Fine Sciences Ltd., Diana Group, Alltech, Norel S.A., Calanus AS, Olmix Group, 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 understand competitive strengths and provide competitive analysis for each competitor separately.
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