Europe Aquafeed Additives Market Size & Outlook, 2022-2030

Feed acidifiers was the largest segment with a revenue share of 11.21% in 2022. Horizon Databook has segmented the Europe 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.

The aquaculture industry is growing significantly across European countries especially the UK, France, Italy, and Spain. The main groups of reared aquaculture species include marine fish, freshwater fish, bivalves, and salmonids. A majority of Europe’s total aquaculture production is represented by Atlantic salmon, Blue mussel, Rainbow trout, Atlantic Bluefin tuna, Gilt-head seabream, Pacific cupped oyster, European seabass, and Common carp.

The demand for aquafeed additives in the region has increased rapidly over the past decade mainly on account of the expanding marine aquaculture in countries such as Norway, Denmark, and Ireland. The improving environmental management along with drastic increase in the efficiency of feed and nutrient consumption has aided the growth of the aquafeed additives market in the region.

The presence of fish breeding bases in Western Europe coupled with the growing popularity of mussels as a cheaper source of protein is anticipated to supplement the aquafeed additives market growth over the forecast period.