Asia Pacific Aquafeed Additives Market Size, Share, and COVID-19 Impact Analysis, By Ingredient (Anti-Parasitic, Feed Acidifiers, Prebiotics, Essential Oils & Natural Extracts, Palatants, and Others), By Application (Carp, Rainbow Trout, Salmon, Crustaceans, Tilapia, Catfish, and Others), and Asia Pacific Aquafeed Additives Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Aquafeed Additives Market Insights Forecasts to 2035

• The Asia Pacific Aquafeed Additives Market Size was estimated at USD 234.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.25% from 2025 to 2035
• The Asia Pacific Aquafeed Additives Market Size is Expected to Reach USD 370.5 Million by 2035

The Asia Pacific Aquafeed Additives Market is anticipated to reach USD 370.5 million by 2035, growing at a CAGR of 4.25% from 2025 to 2035. An increasing prioritization towards seafood, along with the increasing popularity of exotic marine species, is driving the aquafeed additives market in the Asia Pacific region.  

Market Overview

The Asia Pacific aquafeed additives market is an industry emphasizing the production and sale of various substances added to fish feed for enhancing its nutritional value, improving feed efficiency, and promoting the health and growth of farmed aquatic animals. Aquafeed additives are the nutritive/nonnutritive ingredients supplemented in small amounts (alone or in combination) to improve the quality of fish as a final product or maintain the quality of the aquatic environment. The aquafeed additives market is primarily driven by an increasing need for fish and seafood products. With an increasing global population, the demand for protein from aquatic sources increases. Further, there are increasing advancements in enzyme technologies, like probiotics, prebiotics, and plant-based proteins, for the development of next-generation aquafeed solutions. An increasing demand for premium and specialty aquafeed additives, with the development of sustainable and environmentally friendly solutions for addressing the environmental impact of aquaculture, which offers additional benefits for animal health and welfare, is escalating the market growth opportunities.

Report Coverage

This research report categorizes the market for the Asia Pacific aquafeed additives market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific aquafeed additives market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific aquafeed additives market.

Driving Factors

The increasing prioritization of seafood, with the adoption of pescatarian lifestyles due to changing dietary preferences and rising health consciousness, is contributing to driving the aquafeed additives market. The increasing popularity of exotic marine species, including premium ornamental fish, is driving the demand for a variety of unusual fish species, resulting in market demand. Additionally, the innovation in farming techniques, breeding technologies, and the development of specialized aquafeed additives for enhancing the health and growth of aquatic species contribute to propelling the market growth.

Restraining Factors

The price volatility of raw material prices and the shortage in the supply of fishmeal are challenging the market. Further, an increasing trend of veganism is a major restraining factor of the aquafeed additives market.

Market Segmentation

The Asia Pacific aquafeed additives market share is classified into ingredient and application.

• The feed acidifiers segment held a significant market revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific aquafeed additives market is segmented by ingredient into anti-parasitic, feed acidifiers, prebiotics, essential oils & natural extracts, palatants, and others. Among these, the feed acidifiers segment held a significant market revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Acidifiers possess the ability to preserve feed for improving the feed conversion and to reduce pathogen pressure. An increasing use of natural ingredients, including citric acid and lactic acid in feed acidifiers, aids in propelling the aquafeed additives market.

• The catfish segment held the dominant market revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific aquafeed additives market is segmented by application into carp, rainbow trout, salmon, crustaceans, tilapia, catfish, and others. Among these, the catfish segment held the dominant market revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Catfish require complex feed formulation, which increases the demand for high-quality aquafeed additives like vitamins, minerals, amino acids, and antioxidants in order to meet the dietary requirements of catfish.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific aquafeed additives market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Alltech
• Cargill
• DSM Animal Nutrition
• Kemin Industries
• Evonik Industries
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Aquafeed Additives Market based on the below-mentioned segments:

Asia Pacific Aquafeed Additives Market, By Ingredient

• Anti-Parasitic
• Feed Acidifiers
• Prebiotics
• Essential Oils & Natural Extracts
• Palatants
• Others

Asia Pacific Aquafeed Additives Market, By Application

• Carp
• Rainbow Trout
• Salmon
• Crustaceans
• Tilapia
• Catfish
• Others