The global Aquafeed Additives Market was valued at USD 3.6 billion in 2023 and is projected to reach USD 7.2 billion by 2031, growing at a CAGR of 9.1%. Sustainable protein alternatives, gut health innovations, and precision nutrition technologies are transforming the market.

2024 Market Breakthroughs

• Insect Protein Commercialization:
  • Ÿnsect's Tenebrio molitor meal approved for EU salmon feed (replaces 25% fishmeal).
  • Protix's Black Soldier Fly oil boosts shrimp survival rates by 18%.
• Microbiome Modulators:
  • Cargill's AquaBiotic® probiotic blend improves FCR by 12% in tilapia.
  • ADM's Clarisoy® fermented soybean protein enhances gut villi height by 30%.
• Algae Innovations:
  • Corbion's AlgaPrime® DHA provides vegetarian omega-3s at competitive costs.
  • Veramaris' algal oil now supplies 50% of Norwegian salmon farms' EPA/DHA needs.

Market Drivers

1. Fishmeal Replacement

• Global fishmeal prices have increased by 60% since 2020 (IFFO data).
• EU Regulation (EC) 2017/893 mandates 100% deforestation-free soy by 2025.

2. Disease Prevention

• Butyrate additives reduce Vibrio outbreaks in shrimp by 45%.
• The phytogenics market is growing at 14% CAGR for antibiotic-free growth promotion.

3. Sustainability Pressures

• ASC/MSC certification now requires 30% alternative protein in feeds.
• Norway's 2025 target: 100% sustainable aquafeed ingredients.

Competitive Landscape

Emerging Disruptors:

• InnovaFeed: Industrial-scale insect protein (TotalEnergies-backed).
• KnipBio: Methanol-fed microbial protein (FDA GRAS approval).

Market Segmentation

• By Additive Type:
  • Amino Acids (30%): Lysine, methionine dominate.
  • Probiotics (XX%): Fastest-growing segment (16% CAGR).
  • Omega-3 (XX%): Algal solutions gaining share.
• By Species:
  • Salmon (40%): Highest value segment.
  • Shrimp (XX%): Phytogenics demand surging.
  • Tilapia/Carp (XX%): Cost-sensitive markets.
• By Region:
  • Asia-Pacific (45%): 70% of global shrimp production.
  • Europe (XX%): Strict sustainability regulations.
  • Latin America (XX%): Brazil's tilapia boom.

Recent Developments (2024)

• April 2024: Ÿnsect opens world's largest insect protein facility (France).
• July 2024: Mowi transitions 30% of salmon feed to algal omega-3s.