Italy Aquafeed Additives Market Size & Outlook, 2022-2030

Feed acidifiers was the largest segment with a revenue share of 11.69% in 2022. Horizon Databook has segmented the Italy 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.

Italy’s aquafeed additives market growing extensively on the account of the rising use of modern techniques and industrialization. Aquaculture is carried out along the Italian coasts, with greater density along the Adriatic coasts. The production in the country is dominated by Japanese carpet shells, Mediterranean mussels, and rainbow trout. Growing consumption of sea bass, sea breams, and the White Sea breams is leading to a rise in the production of these species.

This has resulted in an increased demand for aquaculture as well as aquafeed in the country. The strong presence of market participants, such as BioMar, Nutreco, and Provimi among others, is further projected to bolster the product demand over the forecast period. In addition, several companies are using vegetable sources of protein such as soy, sunflower, and cereal glutens as well as oils in aquafeed in varying proportions.

For instance, the Italian company, Silvateam S.p.a. provides aquafeed additives for different types of fish and shrimps. These additives are naturally sourced extracts that are used to improve the performance properties and feed conversion ratio as well as maximize intestinal health. The growing use of plant- or vegetable-based feed by manufacturers is expected to propel the market demand for aquafeed additives in the coming years.