Aquafeed Additive Market Size, Forecast Industry Report 2022

Published: Oct, 2015 | Pages: 102 | Publisher: Radiant Insights Inc.
Industry: Food | Report Format: Electronic (PDF)

The Report Contains Aquafeed Market Size By Application (Carp, Mollusks, Salmon, Crustaceans, Tilapia, Catfish) & Aquaculture Additives Market Size by Product (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers), Competitive Analysis & Forecast, 2012 - 2022 Industry Overview Global aquafeed market size is expected to reach 96.3 million tons by 2022, growing at a CAGR of 11.1% from 2015 to 2022. Global aquaculture additives market size is likely to be worth USD 1.2 billion by 2022. Increase in fish demand for direct human consumption (DHC) as well as non-DHC applications is anticipated to drive aquaculture market growth. Rising awareness among breeders regarding the benefits of feed for aquaculture is anticipated to drive aquafeed market over the forecast period. Direct human consumption of fish was 136.00 million tons in 2012 and is anticipated to reach 205.81 million tons by 2022, growing at a CAGR of 4.3% between 2015 and 2022. At present, over 75% of the global fish harvested is used for DHC as food. Increasing per-capita middle class disposable income coupled with rising nutritional standards is expected to propel direct human consumption of fish over the forecast period. This factor is anticipated to drive aquaculture market growth. Rising prevalence of obesity, cardiovascular diseases and other illnesses including diabetes is anticipated to augment demand for omega-3 supplements over the forecast period. Omega-3 fatty acids are obtained from a variety of fish including tuna, salmon, whale blubber, cod liver and seal blubber Global consumer spending on EPA/DHA omega-3 products was over USD 25 billion in 2011. Infant formula was the largest segment for which consumers across the globe spent over USD 10 billion, followed by fortified food & beverages which accounted for approximately USD 8 billion. Rising consumer demand regarding the benefits of EPA/DHA in regular diet is anticipated to subsequently have a positive impact on aquafeed market over the forecast period.

North America aquafeed market, by application, 2012-2020 (Tons)

Application Overview Carp dominated the application segment for aquaculture market with a revenue generation exceeding USD 19 billion in 2014. It is anticipated to be the fastest growing application segment over the forecast. Increasing importance of omega-3 fatty acids in food & beverage industry owing to importance of reducing cholesterol levels is expected to increase the farming activities meant for carps. Mollusks accounted for more than 20% of the total volume in 2014 and are expected to grow at significant growth rates of over 11% from 2015 to 2022. Mollusk, which includes oysters and clams, contains important nutrients & offer health benefits to humans. They are also used as filter feeders for water quality applications by filtering contaminants, sediments and nutrients. Increasing application scope of mollusks in agriculture and DHC is expected to drive aquaculture farming and thus result in promoting aquafeed industry growth. Product Overview Amino acids emerged as the dominant product segment for aquafeed additives market with revenue exceeding USD 200 million in 2014. Increasing importance of amino acids to improve efficiency of protein utilization in animal feeding is expected to be a favorable factor for industry growth. Lysine, methionine, threonine, and tryptophan are some product forms of amino acids used as additive in aquaculture. Stringent regulations of European Commission, aimed at promoting the use of plant-based growth regulators in animal feed industry are expected to fuel amino acids demand in the near future. Antibiotics product segment accounted for more than 20% of aquafeed additives market in 2014 and is expected to below average growth rates with an estimated CAGR of over 3% from 2015 to 2022. Antibiotics overdose result in creation of antibiotic resistant bacteria, which induce change in DNA sequence of bacteria and allow its survival from any further treatment. U.S. FDA imposed ban on numerous antibiotics including malachite green, chloramphenicol, gentian violet and nitrofuran on account of inducing water contamination. As a result, antibiotics demand as an aquafeed additive is expected to be hampered over the next seven years. Regional Overview Asia Pacific was the largest region for aquaculture and aquafeed, with valuation exceeding USD 40 billion for aquafeed industry in 2014. Predominant aquaculture production in the region, particularly in China coupled with growing inclination towards salmon farming owing to factors such as hardiness of the species, ease of farming, better water quality within closed farm systems, and government interest is expected to fuel aquafeed demand in the near future. Asia Pacific is also expected to be the fastest growing region. Europe was the second largest region in terms of demand and accounted for more than 13% of the total volume in 2014. Growing popularity of mussels as source of low-cost protein in Europe along with its production base in Western Europe is expected to drive aquafeed industry growth. Competitive Market Share The global aquafeed additives market share is fragmented with large companies present across the value chain. Key companies include Biomar, Altech, Inc.Ridley, Dibaq Aquaculture, Aller Aqua, Biomin and Addcon Group GmbH.

aquafeed-additive-market

 Table of Content

Chapter 1	Executive Summary

Chapter 2	Aquafeed Industry Overview
2.1	Market segmentation
2.2	Aquafeed market size and growth prospects, 2012 - 2022
2.3	Aquafeed value chain analysis
2.4	Aquafeed market dynamics
2.4.1	Market driver analysis
2.4.1.1	Increasing direct human consumption (DHC) of fish and fish products
2.4.1.2	Growing aquaculture market
2.4.2	Market restraints analysis
2.4.2.1	Volatile raw material prices
2.5	Key opportunities prioritized
2.5.1	Key opportunities prioritized – Aquafeed
2.5.2	Key opportunities prioritized – Aquaculture additives
2.6	Industry analysis - Porter’s
2.7	Aquafeed PESTEL analysis

Chapter 3	Aquaculture Additives Product Overview
3.1	Global aquaculture additive market revenue share by product, 2014 & 2022
3.2	Amino acids
3.2.1	Global amino acid demand as an aquafeed additive, 2012-2022, (USD Million)
3.2.2	Global amino acid demand as an aquafeed additive, by region, 2012-2022, (USD Million)
3.3	Antibiotics
3.3.1	Global antibiotics demand as an aquafeed additive, 2012-2022, (USD Million)
3.3.2	Global antibiotics demand as an aquafeed additive, by region, 2012-2022, (USD Million)
3.4	Vitamins
3.4.1	Global vitamins demand as an aquafeed additive, 2012-2022, (USD Million)
3.4.2	Global vitamins demand as an aquafeed additive, by region, 2012-2022, (USD Million)
3.5	Feed Acidifiers
3.5.1	Global feed acidifiers demand as an aquafeed additive, 2012-2022, (USD Million)
3.5.2	Global feed acidifiers demand as an aquafeed additive, by region, 2012-2022, (USD Million)
3.6	Others
3.6.1	Global demand for other aquafeed additives, 2012-2022, (USD Million)
3.6.2	Global demand for other aquafeed additives, by region, 2012-2022, (USD Million)

Chapter 4	Aquafeed Application Overview
4.1	Global aquafeed market volume share by application, 2014 & 2022
4.2	Carp
4.2.1	Market estimates and forecast in carp, 2012-2022, (Kilo Tons) (USD Million)
4.2.2	Market estimates and forecast in carp, by region, 2012-2022, (Kilo Tons) (USD Million)
4.3	Mollusks
4.3.1	Market estimates and forecast in mollusks, 2012-2022, (Kilo Tons) (USD Million)
4.3.2	Market estimates and forecast in mollusks, by region, 2012-2022, (Kilo Tons) (USD Million)
4.4	Salmon
4.4.1	Market estimates and forecast in salmon, 2012-2022, (Kilo Tons) (USD Million)
4.4.2	Market estimates and forecast in salmon, by region, 2012-2022, (Kilo Tons) (USD Million)
4.5	Crustaceans
4.5.1	Market estimates and forecast in crustaceans, 2012-2022, (Kilo Tons) (USD Million)
4.5.2	Market estimates and forecast in crustaceans, by region, 2012-2022, (Kilo Tons) (USD Million)
4.6	Tilapia
4.6.1	Market estimates and forecast in tilapia, 2012-2022, (Kilo Tons) (USD Million)
4.6.2	Market estimates and forecast in tilapia, by region, 2012-2022, (Kilo Tons) (USD Million)
4.7	Cat Fish
4.7.1	Market estimates and forecast in cat fish, 2012-2022, (Kilo Tons) (USD Million)
4.7.2	Market estimates and forecast in cat fish, by region, 2012-2022, (Kilo Tons) (USD Million)
4.8	Others
4.8.1	Market estimates and forecast in other species, 2012-2022, (Kilo Tons) (USD Million)
4.8.2	Market estimates and forecast in other species, by region, 2012-2022, (Kilo Tons) (USD Million)

Chapter 5	Aquafeed Regional Overview
5.1	Global aquafeed market volume by region, 2014 & 2022
5.2	North America
5.2.1	Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Million)
5.2.2	Market estimates and forecast, by product, 2012 – 2022, (USD Million)
5.2.3	Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Million)
5.3	Europe
5.3.1	Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Million)
5.3.2	Market estimates and forecast, by product, 2012 – 2022, (USD Million)
5.3.3	Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Million)
5.4	Asia Pacific
5.4.1	Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Million)
5.4.2	Market estimates and forecast, by product, 2012 – 2020, (USD Million)
5.4.3	Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Million)
5.5	RoW
5.5.1	Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Million)
5.5.2	Market estimates and forecast, by product, 2012 – 2022, (USD Million)
5.5.3	Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Million)

Chapter 6	Competitive Landscape
6.1	Alltech Inc.
6.1.1	Company Overview
6.1.2	Financial Performance
6.1.3	Product Benchmarking
6.1.4	Strategic Initiatives
6.2	Biomar A/S
6.2.1	Company Overview
6.2.2	Financial Performance
6.2.3	Product Benchmarking
6.2.4	Strategic Initiatives
6.3	Cargill Inc.
6.3.1	Company Overview
6.3.2	Financial Performance
6.3.3	Product Benchmarking
6.3.4	Strategic Initiatives
6.4	Ridley Corporation
6.4.1	Company Overview
6.4.2	Financial Performance
6.4.3	Product Benchmarking
6.4.4	Strategic Initiatives
6.5	Norel Animal Nutrition
6.5.1	Company Overview
6.5.2	Financial Performance
6.5.3	Product Benchmarking
6.5.4	Strategic Initiatives
6.6	Aller Aqua A/S
6.6.1	Company Overview
6.6.2	Financial Performance
6.6.3	Product Benchmarking
6.6.4	Strategic Initiatives
6.7	Beneo GmbH
6.7.1	Company Overview
6.7.2	Financial Performance
6.7.3	Product Benchmarking
6.8	Cermaq ASA
6.8.1	Company Overview
6.8.2	Financial Performance
6.8.3	Product Benchmarking
6.8.4	Strategic Initiatives
6.9	Dibaq a.s.
6.9.1	Company Overview
6.9.2	Financial Performance
6.9.3	Product Benchmarking
6.10	Addcon Group GmbH
6.10.1	Company Overview
6.10.2	Financial Performance
6.10.3	Product Benchmarking
6.10.4	Strategic Initiatives
6.11	Archer Daniel Midland (ADM)
6.11.1	Company Overview
6.11.2	Financial Performance
6.11.3	Product Benchmarking
6.11.4	Strategic Initiatives
6.12	BASF SE
6.12.1	Company Overview
6.12.2	Financial Performance
6.12.3	Product Benchmarking
6.12.4	Strategic Initiatives
6.13	Biomin Holding GmBH
6.13.1	Company Overview
6.13.2	Financial Performance
6.13.3	Product Benchmarking
6.13.4	Strategic Initiatives
6.14	Skretting
6.14.1	Company Overview
6.14.2	Financial Performance
6.14.3	Product Benchmarking
6.14.4	Strategic Initiatives
6.15	DSM
6.15.1	Company Overview
6.15.2	Financial Performance
6.15.3	Product Benchmarking
6.15.4	Strategic Initiatives
6.16	Evonik Industries
6.16.1	Company Overview
6.16.2	Financial Performance
6.16.3	Product Benchmarking
6.16.4	Strategic Initiatives
6.17	InVivo NSA
6.17.1	Company Overview
6.17.2	Financial Performance
6.17.3	Product Benchmarking
6.17.4	Strategic Initiatives
6.18	Novus International Inc.
6.18.1	Company Overview
6.18.2	Financial Performance
6.18.3	Product Benchmarking
6.18.4	Strategic Initiatives
6.19	De Heus
6.19.1	Company Overview
6.19.2	Financial Performance
6.19.3	Product Benchmarking
6.19.4	Strategic Initiatives
6.20	Nutriad International
6.20.1	Company Overview
6.20.2	Financial Performance
6.20.3	Product Benchmarking
6.20.4	Strategic Initiatives
6.21	Avanti Feeds Ltd.
6.21.1	Company Overview
6.21.2	Financial Performance
6.21.3	Product Benchmarking
6.21.4	Strategic Initiatives
6.22	NK Ingredients Pte Ltd.
6.22.1	Company Overview
6.22.2	Financial Performance
6.22.3	Product Benchmarking
6.23	EWOS
6.23.1	Company Overview
6.23.2	Financial Performance
6.23.3	Product Benchmarking
6.23.4	Strategic Initiatives

Chapter 7	Research Methodology
7.1	Research Methodology
7.2	Research Scope & Assumptions
7.3	List of Data Sources

List of Tables

TABLE 1	Aquafeed – Industry summary & key buying criteria
TABLE 2	Global aquafeed market estimates and forecast, 2012 – 2014, (Kilo Tons) (USD Million)
TABLE 3	Global aquafeed market estimates and forecast, 2015 – 2022, (Kilo Tons) (USD Million)
TABLE 4	Global aquaculture additives market estimates and forecast, 2012 – 2022 (USD Million)
TABLE 5	Global aquafeed market volume, by region, 2012-2014 (Kilo Tons)
TABLE 6	Global aquafeed market volume, by region, 2015 – 2022 (Kilo Tons)
TABLE 7	Global aquafeed market revenue, by region, 2012-2014 (USD Million)
TABLE 8	Global aquafeed market revenue, by region, 2015 – 2022 (USD Million)
TABLE 9	Global aquaculture additives market revenue, by region, 2012 – 2014 (USD Million)
TABLE 10	Global aquafeed market volume, by application, 2012 – 2014 (Kilo Tons)
TABLE 11	Global aquaculture market volume, by application, 2015 – 2022 (Kilo Tons)
TABLE 12	Global aquafeed market revenue, by application, 2012 – 2014 (USD Million)
TABLE 13	Global aquaculture market revenue, by application, 2015 – 2022 (USD Million)
TABLE 14	Global aquaculture additives market revenue, by product, 2012 – 2022 (USD Million)
TABLE 15	Aquafeed – Key market driver analysis
TABLE 16	Aquafeed – Key market restraint analysis
TABLE 17	Global amino acid demand as an aquafeed additive, 2012-2022, (USD Million)
TABLE 18	Global amino acid market revenue as an aquafeed additive, by region, 2012-2022, (USD Million)
TABLE 19	Global antibiotics demand as an aquafeed additive, 2012-2022, (USD Million)
TABLE 20	Global antibiotics market revenue as an aquafeed additive, by region, 2012-2022, (USD Million)
TABLE 21	Global vitamins demand as an aquafeed additive, 2012-2022, (USD Million)
TABLE 22	Global vitamins market revenue as an aquafeed additive, by region, 2012-2022, (USD Million)
TABLE 23	Global feed acidifiers demand as an aquafeed additive, 2012-2022, (USD Million)
TABLE 24	Global feed acidifiers market revenue as an aquafeed additive, by region, 2012-2022, (USD Million)
TABLE 25	Global demand for other aquafeed additives, 2012-2022, (USD Million)
TABLE 26	Global other aquafeed additives market revenue, by region, 2012-2022, (USD Million)
TABLE 27	Global aquafeed market estimates and forecast in carp, 2012-2022, (Kilo Tons) (USD Million)
TABLE 28	Global aquafeed market volume in carp, by region, 2012-2022, (Kilo Tons)
TABLE 29	Global aquafeed market revenue in carp, by region, 2012-2022, (USD Million)
TABLE 30	Global aquafeed market estimates and forecast in mollusks, 2012-2022, (Kilo Tons) (USD Million)
TABLE 31	Global aquafeed market volume in mollusks, by region, 2012-2022, (Kilo Tons)
TABLE 32	Global aquafeed market revenue in mollusks, by region, 2012-2022, (USD Million)
TABLE 33	Global aquafeed market estimates and forecast in salmon, 2012-2022, (Kilo Tons) (USD Million)
TABLE 34	Global aquafeed market volume in salmon, by region, 2012-2022, (Kilo Tons)
TABLE 35	Global aquafeed market revenue in salmon, by region, 2012-2022, (USD Million)
TABLE 36	Global aquafeed demand in crustaceans, 2012-2022, (Kilo Tons) (USD Million)
TABLE 37	Global aquafeed market volume in crustaceans, by region, 2012-2022, (Kilo Tons)
TABLE 38	Global aquafeed market revenue in crustaceans, by region, 2012-2022, (USD Million)
TABLE 39	Global aquafeed demand in tilapia, 2012-2022, (Kilo Tons) (USD Million)
TABLE 40	Global aquafeed market volume in tilapia, by region, 2012-2022, (Kilo Tons)
TABLE 41	Global aquafeed market revenue in tilapia, by region, 2012-2022, (USD Million)
TABLE 42	Global aquafeed demand in cat fish, 2012-2022, (Kilo Tons) (USD Million)
TABLE 43	Global aquafeed market volume in cat fish, by region, 2012-2022, (Kilo Tons)
TABLE 44	Global aquafeed market revenue in cat fish, by region, 2012-2022, (USD Million)
TABLE 45	Global aquafeed demand in other species, 2012-2022, (Kilo Tons) (USD Million)
TABLE 46	Global aquafeed market volume in other species, by region, 2012-2022, (Kilo Tons)
TABLE 47	Global aquafeed market revenue in other species, by region, 2012-2022, (USD Million)
TABLE 48	North America aquafeed market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
TABLE 49	North America aquafeed additive market revenue, by product, 2012 – 2022, (USD Million)
TABLE 50	North America aquafeed market volume, by application, 2012 – 2022, (Kilo Tons)
TABLE 51	North America aquafeed market revenue, by application, 2012 – 2022, (USD Million)
TABLE 52	Europe aquafeed market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
TABLE 53	Europe aquafeed additive market revenue, by product, 2012 – 2022, (USD Million)
TABLE 54	Europe aquafeed market volume, by application, 2012 – 2022, (Kilo Tons)
TABLE 55	Europe aquafeed market revenue, by application, 2012 – 2022, (USD Million)
TABLE 56	Asia Pacific aquafeed market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
TABLE 57	Asia Pacific aquafeed additive market revenue, by product, 2012 – 2020, (USD Million)
TABLE 58	Asia Pacific aquafeed market volume, by application, 2012 – 2022, (Kilo Tons)
TABLE 59	Asia Pacific aquafeed market revenue, by application, 2012 – 2022, (USD Million)
TABLE 60	RoW aquafeed market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
TABLE 61	RoW aquafeed additive market revenue, by product, 2012 – 2022, (USD Million)
TABLE 62	RoW aquafeed market volume, by application, 2012 – 2022, (Kilo Tons)
TABLE 63	RoW aquafeed market revenue, by application, 2012 – 2022, (USD Million)

List of Figures

FIG. 1	Aquafeed market segmentation
FIG. 2	Aquafeed market volume & revenue, 2012 – 2022, (Kilo Tons) (USD Million)
FIG. 3	Aquafeed – Value chain analysis
FIG. 4	Aquafeed market dynamics
FIG. 5	Global direct human consumption of fish, 2012 - 2022 (Million Tons)
FIG. 6	Global consumer spending on EPA/DHA omega-3 Products, 2011 (USD Billion)
FIG. 7	Global aquaculture market, 2012 - 2022 (Million Tons)
FIG. 8	Global aquaculture market, by fed and non-fed species, 2000 – 2010 (Million Tons)
FIG. 9	Fish meal, soybean, wheat and corn prices, 2007 – 2013 (USD/ton)
FIG. 10	Key opportunities prioritized – Aquafeed
FIG. 11	Key opportunities prioritized – Aquaculture additives
FIG. 12	Aquafeed - Porter’s analysis
FIG. 13	Aquafeed - PESTEL analysis
FIG. 14	Global aquaculture additives market revenue share by product, 2014 & 2022
FIG. 15	Global aquafeed market volume share by application, 2014 & 2022
FIG. 16	Global aquafeed market volume by region, 2014 & 2022