Ecuador Aquafeed Additives Market Size & Outlook
The aquafeed additives market in Ecuador is expected to reach a projected revenue of US$ 250.6 million by 2030. A compound annual growth rate of 4.9% is expected of Ecuador aquafeed additives market from 2023 to 2030.
Revenue, 2022 (US$M)
$170.7
Forecast, 2030 (US$M)
$250.6
CAGR, 2023 - 2030
4.9%
Report Coverage
Ecuador
Ecuador aquafeed additives market, 2017-2030 (US$M)
Related Markets
Ecuador aquafeed additives market highlights
- The Ecuador aquafeed additives market generated a revenue of USD 170.7 million in 2022 and is expected to reach USD 250.6 million by 2030.
- The Ecuador market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, feed acidifiers was the largest revenue generating ingredients in 2022.
- 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 2022 | USD 170.7 million |
| Market revenue in 2030 | USD 250.6 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Feed acidifiers |
| Fastest growing segment | Essential Oil & Natural Extracts |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Parisitic, Feed Acidifiers, Prebiotics, Essential Oil & Natural Extracts, Palatants |
| 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, Ecuador accounted for 7.9% of the global aquafeed additives market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Chile aquafeed additives market is projected to lead the regional market in terms of revenue in 2030.
- Chile is the fastest growing regional market in Latin America and is projected to reach USD 301.5 million by 2030.
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Aquafeed Additives Market Scope
Aquafeed additives market segmentation & scope
Others
Aquafeed Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Ecuador aquafeed additives market size, by ingredients, 2017-2030 (US$M)
Ecuador Aquafeed Additives Market Outlook Share, 2022 & 2030 (US$M)
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