Food and Beverages Industry Report Aquafeed Market Size and Forecasts | Page 2

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Key report insights suggest:

Global aquafeed market size was estimated at 41.62 million tons in 2013 and may reach 96.27 million
tons by 2022 growing with an estimated CAGR of 11.1% from 2015 to 2022.

Carps were the dominant end-use consumers in aquafeed industry and accounted for 28.6% of the total
demand in 2014. Carps are rich source of omega-3 fatty acids which prove to be beneficial in food &
beverage industry to reduce cholesterol level among consumers. Molluscs are likely to witness higher
gains with an estimated CAGR of 11.3% from 2015 to 2022.

Asia Pacific dominated the regional aquafeed market and accounted for 65.2% of the total volume in
2014 and likely to witness highest growth rates. Predominant aquaculture industry coupled with
government preference to boost aquafeed demand particularly in China, Thailand and India is likely to
drive regional growth.

Europe is expected to witness above average growth rates of 11.2% from 2015 to 2022. Europe
aquafeed additives market is estimated to reach USD 200.9 million by 2022, with feed acidifiers
anticipated to witness maximum gains.

Aquafeed industry is fragmented with different companies having variety of products. Prominent
companies involved in this market are Dibaq Aquaculture, Addcon Group GmbH, Biomar, Ridley and
Altech, Inc.
For the purpose of this study, HexaResearch has segmented the aquafeed and aquaculture additives market on
the basis of product, application and region:
Global Aquafeed Application Overview (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
 Crustaceans
 Mollusks
 Carp
 salmon
 Catfish
 Tilapia
 Others
Global Aquafeed Regional Overview (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
 North America
 Europe
 Asia Pacific
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