Israel Aquafeed Additives Market Outlook (2018 to 2032)
Synopsis
The above chart is Israel Aquafeed Additives Market Outlook (2018 to 2032)
Market Dynamics
the israel aquafeed additives market outlook 2018 to 2032 is an analysis of potential growth in the aquafeed additives industry, focusing on the israeli market. this is based on the current market trends, research, consumer trends, and industry growth. much of this growth is driven by increasing aquaculture production in the country, as well as the need for nutrition- and value-added aquafeed feed additives to increase yield production.
israel is a major player in the global aquaculture industry, producing over 150,000 metric tonnes (mt) annually. this figure is expected to rise steadily in the coming years, and hence there is a need for quality additives to help fill the gap in the supply chain. aquafeed additives, such as vitamins, minerals, antioxidants, and emulsifiers, have gained popularity over the past decade. additionally, the country has been focusing on the sustainability of aquaculture production, employing feed additives such as natural preservatives, feed enzymes, probiotics and others to meet sustainability standards.
a key factor driving the demand for aquafeed additives in israel is the rising prices of high-quality feed ingredients such as fishmeal and fish oil, which form the main ingredients in most fish feeds. with the rising costs, fish farmers are increasingly opting for additives or alternative sources of nutrition in their feeds. the market for these additives is expected to continue to grow, as they offer the benefits of higher quality feed without the added cost.
alongside growing demand, the israel aquafeed additives market is seeing rapid technological advancements, with more efficient feed additives being developed to improve the health and growth of aquatic species. for instance, adding pre- and probiotics to fish feed has been found to enhance gut function and provide better nutrition for the aquatic species. similarly, various emulsifiers have been developed that are compatible with fish feed and are designed to make feed water repellent, improve mix ability, and reduce particle breakage.
this innovation-driven growth in the israel aquafeed additives market is set to continue, as the country looks to meet the growing demand for feed additives to improve the quality and yield of aquaculture production. furthermore, technological advancements in feed additives are also expected to help reduce waste and cost while increasing sustainability.