China Aquafeed Additives Market Size & Outlook, 2022-2030

Palatants was the largest segment with a revenue share of 12.81% in 2022. Horizon Databook has segmented the China aquafeed additives market based on anti-parisitic, feed acidifiers, prebiotics, essential oil & natural extracts, palatants covering the revenue growth of each sub-segment from 2017 to 2030.

Aquaculture sector is growing tremendously across the country on account of the large-scale production of fishery. South China is favored for the production of aquaculture species in the inland and coastal waters due to the warm temperature of the water, which is suitable for the growth of economically valuable and fast-growing species such as tilapia and carp.

Various types of carps including bigmouth carp, silver carp, grass carp, and black carp are majorly produced in the country as they are prolific breeders and require low production costs. It is the largest producer of carp, tilapia, shrimp, eel, seaweed, and shellfish and exports these species to foreign markets. This can be attributed to one of high consumption of carp globally coupled with the rapid growth of tilapia.

Although the requirement of feed by the aforementioned species is low, their high production contributes to global aquafeed consumption. In China, aqua feed ingredients are diversified in nature and have improved bioavailability due to the technological development of commercial products including compound fermentation, neutral phytase, micro-comminution, feeding attractants, essential amino acids (EAA) encapsulation, and formulation EAA balance. Such factors are likely to boost the market growth for aquafeed additives in the coming years.