(+1) 614-588-8538
Aquaculture Additives Market Size to Grow at a CAGR of 7.8% During the Forecast Period 2021â2026
"Growing Knowledge Among Fish Breeders About the Advantages of Supplying Adequate Nutrition to Fish Is Amongst the Major Factor Projected to Impel the Growth of Aquaculture Additives Market."
BriefingWire.com, 5/11/2021 - Aquaculture Additives Market size was valued at $ 1.25Billion by 2020 and is anticipated to grow at a CAGR of 7.8% during the forecast period 2021-2026. The Aquaculture Additives Market growth rate is attributed to the growing knowledge among fish breeders about the advantages of supplying adequate nutrition to fish is anticipated to bring new opportunities. Aquaculture, also known as aqua-farming, is a procedure of breeding fish, molluscs, crustaceans, aquatic plants, algae, and other aquatic organisms. Types of aquaculture include shrimp farming, fish farming, Mari-culture, oyster farming, cultivation of ornamental fish and alga-culture. Aquaculture additives are chemical compounds that act as extra nutrients for aquatic animals that help to boost their immunity levels, protect from infections, and maintain overall health of the aquatic organisms.