Market Share of Aquafeed Additives Industry
The aquafeed additive industry is a fragmented market, with the top 5-6 companies accounting for almost 40% of the market share. These companies are targeting countries in most parts of the world for business expansion, either by investing in new production units or acquiring established small players in specific regions. The investment in R&D activities to introduce new and efficient products is another strategy adopted by manufacturers to stay ahead of their competition in the matured markets of North America and Europe.
Aquafeed Additives Market Leaders
Thai Union
Inve Aquaculture
Growel Feeds Pvt Ltd
BASF
Cargill
*Disclaimer: Major Players sorted in no particular order