Aquafeed Additives Market Generate Revenues Worth USD 2.5 Billion By 2025 : Grand View Research Inc.
San Francisco, 6 November 2019: The Report Aquafeed Additives Market Size, Share & Trends Analysis Report By Ingredient (Anti-Parasitic, Feed Acidifiers, Prebiotics, Palatants), By Application, By Region, And Segment Forecasts, 2019 – 2025 The global aquafeed additives market size is expected to reach USD 2.5 billion by 2025, progressing at a CAGR of 3.2% over the forecast period, as per a new report by Grand View Research, Inc. Initiatives, such as Made in China by the government of China and Make in India by the government of India, are mainly beneficial for manufacturing sector and anticipated to boost the production of aquafeed in the domestic market. This is in turn anticipated to drive the demand for aquafeed additives. In 2018, China emerged as the prominent producer of aquatic feed additives and importer of barley, fishmeal, rapeseed, soybeans, and sorghum, which are extensively utilized in producing aquafeed additives. In addition, increasing consumption of