Japan Aquafeed Additives Market Size & Outlook, 2022-2030

The aquafeed additives market in Japan is expected to reach a projected revenue of US$ 23.8 million by 2030. A compound annual growth rate of 4.1% is expected of Japan aquafeed additives market from 2023 to 2030.

Revenue, 2022 (US$M)
$17.3
Forecast, 2030 (US$M)
$23.8
CAGR, 2023 - 2030
4.1%
Report Coverage
Japan

Japan aquafeed additives market highlights

  • The Japan aquafeed additives market generated a revenue of USD 17.3 million in 2022 and is expected to reach USD 23.8 million by 2030.
  • The Japan market is expected to grow at a CAGR of 4.1% 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 17.3 million
Market revenue in 2030USD 23.8 million
Growth rate4.1% (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, Japan accounted for 0.8% 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 Asia Pacific, China aquafeed additives market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 41.0 million by 2030.

Feed acidifiers was the largest segment with a revenue share of 10.98% in 2022. Horizon Databook has segmented the Japan 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 development of aquaculture sector in Japan can be attributed to continuous innovation and technological advancements in the past decade. The country is in the process of implementing an automation process for aquaculture. For instance, Nippon Suisan Kaisha, a Japan-based marine products company, uses robotics to feed silver salmon. In addition, the company was granted a patent for its feeding method and system for farmed fish in 2015.


It is a major consumer of seafood and accounts for high fish consumption rates. The consumption of fish in the country comprises fresh as well as chilled products including salmon, tuna, sea bream, and yellowtail in addition to fillets and other canned products. Increasing demand for aquafeed as well as additives in the country is attributed to technological advancements. This is anticipated to positively influence the aquafeed additives market growth over the forecast period.

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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

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

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

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

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