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Aquaculture Additives Market 2018 Trends and Competitive Landscape Outlook -2025

Rising awareness regarding the benefits of additives to promote healthy development of fish is anticipated to be a key driver for aquafeed market growth. The Global Aquaculture Additives Market size is expected to reach USD 1.52 Billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.2% during the forecast period. Importance of certain mollusks, such as clams and oysters as a source of food for humans coupled with their health benefits is expected to boost their demand in near future. Demand for mollusks to improve quality of the surrounding environment has also been prevalent in polyculture systems. Due to their multiple applications for consumers and the agriculture industry, demand for this species is likely to increase significantly during the forecast period boosting the demand for aquafeed. The global aquaculture additives market is expected to witness a decent growth on account of the surge in demand for fish