1. Market Research
  2. > Seafood Market Trends

Australian Aquaculture Feed Additives Market 

  • April 2016
  • 84 pages
  • Frost & Sullivan
Report ID: 3803128

Summary

Table of Contents

Australian Aquaculture Feed Additives Market : Asian Demand for Aquaculture Products and Global Zeal for Sustainable Ingredients to Drive Long Term Growth

The Australian aquaculture feed additives market is being driven by increasing domestic and global demand for aquaculture products and a move towards more sustainable aquaculture practices. This study analyses the drivers and restraints to growth, market size, growth forecast, segmentation, demand trends, competitive landscape and the outlook for the industry. Product segmentation is by amino acids, vitamins, minerals, trace elements, enzymes and other additives. End-user industries are segmented by crustaceans, salmon and trout, mollusks, and other fish. The base year is 2015 and forecasts are provided up to 2020.

Key Findings

The Australian aquaculture feed additives market is in the growth stage of its lifecycle and is being driven by increasing domestic and global demand for aquaculture products and a move towards more sustainable aquaculture practices.

- Salmon, trout, and crustacean aquaculture operations are the largest users of additives and continue to be the fastest growing sectors. The use of additives in the ‘other fish’ and mollusks sectors is growing at a slower rate.

- The demand for increased production and animal growth combined with both scientific evidence and first-hand experience (which suggests that additives increase efficiency and animal health) are driving the demand for additives as farmers increase production to meet escalating demand for aquaculture products.

- Conversely, the cost of additives, their potential to cause environmental pollution, and the weak uptake of new products negatively impact the aquaculture feed additives market, especially in the context of inadequate farmer education about the different types and benefits of additives.

Trace elements, vitamins, and minerals form the largest segment of aquaculture feed additives in terms of volume, while amino acids remains the largest in terms of value.

- The majority of aquaculture feed additives is supplied to feed manufacturing companies directly. However, overseas manufactured and highly specialised products are supplied through distributors.

- In 2015, the price of additives increased and it is expected to keep increasing in 2016. The main influences on aquaculture feed additive prices are the value of the Australian dollar, supply and demand, price and availability of raw materials, and sea freight.

- The top aquaculture feed additives suppliers in Australia hold the majority of the market share and maintain a competitive advantage by offering high quality additives, excellent customer service, and additional value-added services such as consulting around optimal feed regimes.

- Innovation and research into improving the stability, bioavailability, efficacy, and mechanism of action of additives will be important as the ‘Innovating to Zero’ Mega Trend dictates more sustainable aquaculture practices.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Aquafeed Market by End User, Ingredient, Additive, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“Global aquafeed market projected to grow at a CAGR of 9.9%.” The global aquafeed market is projected to reach a value of USD 172.56 billion by 2022, growing at a CAGR of 9.9% from 2017 to 2022. The ...

Global Aquaculture - Communications Technology

  • $ 4950
  • Industry report
  • February 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Aquaculture in US$. The Global and Chinese markets are analyzed by the following Segments: Equipment, Feed & Feed Supplements, Water Treatment, and Others. ...

Worldwide Insect Feed Market [by Segments (Pig Nutrition, Poultry Nutrition, Dairy Nutrition, Aquaculture, Others); by Regions (North America, Europe, Asia-Pacific, Central/Latin America, Middle-East, Africa)]: Market Size and Forecasts (2017 – 2022)

  • $ 4150
  • Industry report
  • May 2017
  • by Arcluster

Global Insect Feed Market to exceed $1 billion in 2022. Arcluster’s report on the Insect Feed market provides an in-depth analysis of the market size, forecasts, and opportunities of Insect Feed catering ...

Global Caviar Market 2017-2021

April 2017 $ 3500

Download Unlimited Documents from Trusted Public Sources

Fish Farming Industry in Africa

  • June 2017
    8 pages
  • Fish Farming  

    Fish  

  • Africa  

    Europe  

View report >

Fish Farming Markets in Africa

  • June 2017
    13 pages
  • Fish Farming  

    Fish  

  • Africa  

    World  

    Europe  

View report >

Seafood Statistics in the US

  • June 2017
    4 pages
  • United States  

    North America  

View report >

Seafood Markets

5 days ago

Related Market Segments :

Aquaculture

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.