Germany Aquafeed Additives Market Size & Outlook

The aquafeed additives market in Germany is expected to reach a projected revenue of US$ 11.7 million by 2030. A compound annual growth rate of 3.2% is expected of Germany aquafeed additives market from 2023 to 2030.

Revenue, 2022 (US$M)
$9.1
Forecast, 2030 (US$M)
$11.7
CAGR, 2023 - 2030
3.2%
Report Coverage
Germany

Germany aquafeed additives market highlights

  • The Germany aquafeed additives market generated a revenue of USD 9.1 million in 2022 and is expected to reach USD 11.7 million by 2030.
  • The Germany market is expected to grow at a CAGR of 3.2% 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 2022USD 9.1 million
Market revenue in 2030USD 11.7 million
Growth rate3.2% (CAGR from 2022 to 2030)
Largest segmentFeed acidifiers
Fastest growing segmentEssential Oil & Natural Extracts
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnti-Parisitic, Feed Acidifiers, Prebiotics, Essential Oil & Natural Extracts, Palatants
Key market players worldwideAker 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, Germany accounted for 0.4% 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 Europe, Norway aquafeed additives market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 50.9 million by 2030.

Feed acidifiers was the largest segment with a revenue share of 12.09% in 2022. Horizon Databook has segmented the Germany 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 in Germany is small and well-suited for specific areas such as the mountain foothills and South Germany. Traditional aquaculture species such as rainbow trout and common carp are cultivated in raceways, earthen ponds, and outdoor & indoor facilities. In Germany, aquaculture is widely used in conventional fishponds, which can be emptied and re-filled as required. Contamination with yeasts, bacteria, and fungi is commonly observed in nutrient-rich feeds.


The rising utilization of antibiotic growth promoters in aquafeed additives for shrimps and different types of fish, in order to improve their live weight gain, survival rate, and feed conversion ratio, is projected to drive the market over the forecast period.


However, increasing consumer awareness and stringent laws in major European countries regarding the harmful effects of antibiotics on humans is anticipated to drive the antibiotics segment at a sluggish rate. Although, the use of feed acidifiers to neutralize the contamination is expected to witness significant growth across the country over the forecast period due to stringent food standards coupled with increasing technological advancements.

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Aquafeed Additives Market Scope

Aquafeed additives market segmentation & scope
Anti-Parisitic
Feed Acidifiers
Prebiotics
Essential Oil & Natural Extracts
Hydrolysates
Yeast Extracts
Others
Carp
Rainbow Trout
Salmon
Crustaceans
Tilapia
Catfish
Seabass
Groupers
Others

Aquafeed Additives Market Companies

Name Profile # Employees HQ Website

Germany aquafeed additives market size, by ingredients, 2017-2030 (US$M)

Germany Aquafeed Additives Market Outlook Share, 2022 & 2030 (US$M)

Germany aquafeed additives market size, by ingredients, 2017-2030 (US$M)

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