Turkey Aquaculture Additives Market Outlook (2018 to 2032)
Synopsis
The above chart is Turkey Aquaculture Additives Market Outlook (2018 to 2032)
Market Dynamics
turkey is a major producer of farmed finfish and shellfish in the world and the aquaculture additives market is estimated to have a positive market outlook in the coming years from 2018 to 2032.
turkey supplies a variety of fish and shellfish products in different forms such as canned, frozen, smoked and live for both the energy and feed sectors of the industry. aquaculture additives are essential ingredients used for nutrition, feed treatments, and improve water quality. they play an important role in improving the profitability of aquaculture operations.
common aquaculture additives used in turkey market are anti fungal, antibiotics, substances for water treatments, antifoaming agents, growth promoters, feed supplement, feed preservatives, phytoplankton production media, and probiotics. the use of additives in aquaculture helps to ensure that farmed fish are provided the correct vitamins, minerals, fatty acids, and other essential nutrients.
the turkish market for aquaculture additives is expected to grow further in the coming years due to the mandatory use of additives in aquaculture by the government for better fish nutrition and improving water quality for food safety. the increasing demand for fish and shrimp as a source of healthy protein consumption is driving the aquaculture additives market.
on the other hand, the lack of awareness about the benefits of aquaculture additives and increasing regulatory ban on the usage of certain additives in aquaculture could hinder the growth of the aquaculture additives market. moreover, high cost of production and poor handling of aquaculture additives may lead to contamination of the feed chain further adding to the cost of production.
advancement in aquaculture technology and innovation are the major boosters of the aquaculture sector, and this is expected to drive the aquaculture additives market.the leading manufacturers of aquaculture additives are bringing out novel additives in the market to further drive the growth of the market.