Iran Aquafeed Additives Market Size & Outlook, 2025-2030
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Iran aquafeed additives market highlights
- The Iran aquafeed additives market generated a revenue of USD 48.4 million in 2024 and is expected to reach USD 58.7 million by 2030.
- The Iran market is expected to grow at a CAGR of 3.1% from 2025 to 2030.
- In terms of segment, feed acidifiers was the largest revenue generating ingredients in 2024.
- Essential Oil & Natural Extracts is the most lucrative ingredients segment registering the fastest growth during the forecast period.
Aquafeed additives market data book summary
| Market revenue in 2024 | USD 48.4 million |
| Market revenue in 2030 | USD 58.7 million |
| Growth rate | 3.1% (CAGR from 2025 to 2030) |
| Largest segment | Feed acidifiers |
| Fastest growing segment | Essential Oil & Natural Extracts |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Feed Acidifiers, Palatants, Anti-Parisitic, Prebiotics, Essential Oil & Natural Extracts |
| Key market players worldwide | Aker ASA Class A, Nutrien Ltd, Rexel SA, Lallemand, Alltech, Kemin Industries, Nouryon, DuPont de Nemours Inc, Biorigin, Calamos Evolving World Growth A |
Other key industry trends
- In terms of revenue, Iran accounted for 2.1% of the global aquafeed additives market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Egypt aquafeed additives market is projected to lead the regional market in terms of revenue in 2030.
- Egypt is the fastest growing regional market in Middle East & Africa and is projected to reach USD 80.3 million by 2030.
Feed acidifiers was the largest segment with a revenue share of 10.95% in 2024. Horizon Databook has segmented the Iran aquafeed additives market based on feed acidifiers, palatants, anti-parisitic, prebiotics, essential oil & natural extracts covering the revenue growth of each sub-segment from 2018 to 2030.
The aquaculture industry in the country is dominated by the production of rainbow trout, crabs, and shrimp. Most aquaculture production in Iran consists of freshwater species excluding marine shrimp production. The country is one of the key exporters of shrimps to Iraq, Kuwait, Lebanon, and the United Arab Emirates as well as European countries such as Spain, Italy, Norway, and Turkey.
The country is witnessing an upward trend in the consumption of seafood products. Fishmeal and fish oil are the main ingredients used in the production of fish feed in the country. Increasing seafood consumption coupled with exports are major drivers for the growth of aquaculture in the region.
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Aquafeed Additives Market Scope
Aquafeed Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Calamos Evolving World Growth A | View profile | - | - | - |
| Rexel SA | View profile | 27000 | 13 boulevard du Fort de Vaux - CS 60002, Cedex 17, Paris, France, 75017 | https://www.rexel.com |
| Aker ASA Class A | View profile | 3171 | Oksenoyveien 10, Lysaker, Oslo, Norway, 1366 | https://www.akerasa.com |
| Lallemand | View profile | 5001-10000 | Rexdale, Ontario, Canada, North America | http://www.lallemand.com |
| Biorigin | View profile | 1001-5000 | Louisville, Kentucky, United States, North America | https://www.biorigin.net |
| Kemin Industries | View profile | 1001-5000 | Des Moines, Iowa, United States, North America | http://www.kemin.com |
| Nouryon | View profile | - | - | |
| Nutrien Ltd | View profile | 25900 | 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 | https://www.nutrien.com |
| Alltech | View profile | 5001-10000 | Nicholasville, Kentucky, United States, North America | http://www.alltech.com/ |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
Iran Palatants - Aquafeed Additives Market, 2024 - 2030 (US$M)
Iran Aquafeed Additives Market Outlook Share, 2024 & 2030 (US$M)
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