Global Aquafeed Market Size & Outlook, 2022-2030
Global aquafeed market, 2018-2030 (US$M)
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Global aquafeed market highlights
- The global aquafeed market generated a revenue of USD 72,471.0 million in 2022 and is expected to reach USD 102,280.8 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.4% by 2030.
- In terms of segment, amino acid accounted for a revenue of USD 23,748.0 million in 2022.
- Feed Acidifiers is the most lucrative additives segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 72,471.0 million |
| Market revenue in 2030 | USD 102,280.8 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Amino acid |
| Fastest growing segment | Feed Acidifiers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers |
Other key industry trends
- In terms of revenue, the North America accounted for 16.1% of the global aquafeed market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 447.7 million by 2030.
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Aquafeed Market Scope
Aquafeed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aquafeed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aquafeed market will help companies and investors design strategic landscapes.
Amino acid was the largest segment with a revenue share of 32.77% in 2022. Horizon Databook has segmented the Global aquafeed market based on antibiotics, vitamins, antioxidants, amino acid, feed enzymes, feed acidifiers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aquafeed Additives Outlook (Revenue, USD Million, 2018-2030)
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acid
- Feed Enzymes
- Feed Acidifiers
- Others
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Target buyers of Global aquafeed market databook
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Our clientele includes a mix of aquafeed market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global aquafeed market , including forecasts for subscribers. This global databook contains high-level insights into Global aquafeed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aquafeed market size, by region, 2018-2030 (US$M)
Top 10 countries: Aquafeed market size, 2022 (US$M)
Global aquafeed market share, by additives, 2022 & 2030 (%, US$M)
Aquafeed market: Opportunity assessment by country
Global aquafeed market, by region, 2022 (US$M)
| Additives | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 7,980.2 | 8,203.1 | 8,464.9 | 8,818.7 | 9,203.8 | 9,560.2 | 9,910.7 | 10,282.1 | 10,697.5 | 11,137.4 | 11,580.8 | 12,064.7 | 12,580.5 | 4.0% |
| Europe | 13,195.1 | 13,578.1 | 14,026.6 | 14,628.8 | 15,284.1 | 15,893.3 | 16,494.3 | 17,131.4 | 17,843.5 | 18,598.2 | 19,360.4 | 20,192.4 | 21,080.1 | 4.1% |
| North America | 9,897.9 | 10,226.7 | 10,607.6 | 11,108.2 | 11,653.3 | 12,167.5 | 12,679.5 | 13,223.4 | 13,829.8 | 14,474.2 | 15,129.7 | 15,845.2 | 16,610.4 | 4.6% |
| MEA | 4,008.6 | 4,092.0 | 4,192.8 | 4,336.8 | 4,493.2 | 4,632.7 | 4,766.6 | 4,907.6 | 5,066.4 | 5,233.3 | 5,398.1 | 5,578.1 | 5,768.6 | 3.3% |
| Asia Pacific | 26,780.0 | 27,737.2 | 28,840.2 | 30,274.3 | 31,836.5 | 33,320.8 | 34,805.6 | 36,384.9 | 38,143.2 | 40,014.2 | 41,924.3 | 44,009.1 | 46,241.2 | 4.8% |
| Overall | 61,861.7 | 63,837.0 | 66,132.2 | 69,166.7 | 72,471.0 | 75,574.6 | 78,656.6 | 81,929.4 | 85,580.4 | 89,457.2 | 93,393.3 | 97,689.4 | 102,280.8 | 4.4% |
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