The global aquafeed additives market is projected to grow from 2.1 billion in 2024 to 4.8 billion by 2030, at an 11.3% CAGR, driven by aquaculture intensification and antibiotic phase-outs.
Market Segmentation
- By Additive Type
- Amino Acids (32% share):
- Lysine demand surges with an 18% CAGR during the shrimp farming boom.
- Methionine hydroxy analog enhances digestibility by 22%
- Phytogenics (Fastest-growing at 14.7% CAGR):
- Yucca schidigera extracts reduce ammonia by 40%
- Mycotoxin Binders:
- Climate change expands need (aflatoxin in Asian feedstuffs up 35%)
- By Species
- Shrimp (45% revenue):
- Novus’s protease boosts FCR by 12% in L. vannamei
- Salmonids (XX%):
- DSM’s algal astaxanthin replaces 60% of synthetic pigment
- Tilapia/Carp (XX%):
- Organic acids adoption grows at 9.8% CAGR
- By Geography
- Asia-Pacific (58% share):
- Vietnam’s shrimp exports drive 13.2% additive demand growth
- Europe (Strictest regulations):
- EU bans 8 more antibiotics in 2025
- Latin America (Emerging hotspot):
- Ecuador’s shrimp farms adopt precision feeding
2. Key Growth Drivers
1. Disease Prevention Revolution
- Postbiotic Additives:
- ADM’s AquaGut reduces EMS mortality by 65% in trials
- CRISPR-Enhanced Immunity:
- Benchmark’s edited shrimp strains need 30% fewer additives
2. Sustainability Mandates
- Fishmeal Replacement:
- Corbion’s algae-DHA achieves price parity (now $1,850/ton)
- Circular Feed Systems:
- Cargill’s insect meal from food waste cuts carbon by 92%
3. Precision Aquaculture
- Smart Feeding Sensors:
- Eruvaka’s IoT buoys optimize additive dosing in ponds
- Nutrigenomic Feeds:
- Skretting’s DNA-based salmon diets reduce phosphorus waste
3. Competitive Landscape
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Company
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Innovation
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Market Impact
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DSM
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Algal astaxanthin + vitamin D combo
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40% salmon feed market
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Novus
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Protease-enriched shrimp feed
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$120M Vietnam expansion
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Corbion
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Wastewater-grown algal protein
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100% YOY growth
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4. Future Outlook (2025-2031)
- 2026: First GMO-approved additive (synthetic lysine)
- 2028: 50% of shrimp feed contains insect protein
- 2030: Carbon-negative aquafeeds commercialized