Global AquaFeed Market Growth 2025-2031
Description
The global AquaFeed market size is predicted to grow from US$ 37680 million in 2025 to US$ 56710 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
AquaFeed refers to specially formulated feed products designed for aquatic animals such as fish, shrimp, crabs, and other farmed marine or freshwater species. These feeds are developed to meet the nutritional needs of different species at various life stages, and typically contain a balanced mix of proteins, lipids, carbohydrates, vitamins, and minerals. AquaFeed is crucial in modern aquaculture as it directly influences the growth rate, feed conversion efficiency, health, and product quality of farmed aquatic animals. It comes in various forms such as pellets, crumbles, or extruded feeds, and is tailored for different feeding behaviors and aquatic environments.
The aquafeed market is experiencing strong growth driven by the rapid expansion of global aquaculture production, which has become a vital source of animal protein to meet rising food demand. With wild fish stocks under pressure, farmed seafood—such as shrimp, salmon, tilapia, and pangasius—has become increasingly important, pushing the need for efficient and nutritionally balanced feeds. Technological innovations in feed formulation, including the use of alternative protein sources like insect meal, plant-based ingredients, and fermented feedstocks, have improved feed conversion ratios and reduced dependency on fishmeal and fish oil. In addition, growing consumer demand for sustainable and traceable seafood has encouraged investment in eco-friendly and functional aquafeeds that support health, growth, and disease resistance in farmed species.
Despite strong demand, the aquafeed market faces several persistent challenges. Raw material price volatility, especially for key ingredients like fishmeal, soybean meal, and corn, creates cost pressure and impacts profit margins for feed manufacturers. Moreover, regulatory constraints regarding feed composition, antibiotic usage, and environmental impacts are becoming more stringent across major aquaculture-producing regions. Maintaining feed quality and nutritional precision while complying with local and international standards can increase complexity and cost. Additionally, disease outbreaks in aquaculture—such as early mortality syndrome (EMS) in shrimp or sea lice in salmon—can disrupt feed demand patterns and lead to production losses. These challenges highlight the need for innovation, cost optimization, and robust supply chain strategies in the aquafeed industry.
Global key players include Nutreco, Haid Group, Tongwei Group, BioMar, Cargill, CP Group, Evergreen Feed, New Hope Group, Grobest and Yuehai Feed, etc. Global top six players hold a share about 35 percent in 2024. In terms of application, the Fish Feed is the largest market, with a share over 55%.
LP Information, Inc. (LPI) ' newest research report, the “AquaFeed Industry Forecast” looks at past sales and reviews total world AquaFeed sales in 2024, providing a comprehensive analysis by region and market sector of projected AquaFeed sales for 2025 through 2031. With AquaFeed sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AquaFeed industry.
This Insight Report provides a comprehensive analysis of the global AquaFeed landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AquaFeed portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AquaFeed market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AquaFeed and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AquaFeed.
This report presents a comprehensive overview, market shares, and growth opportunities of AquaFeed market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Mash Feed
Pellet Feed
Extruded Feed
Other
Segmentation by Application:
Fish Feed
Shrimp Feed
Crab Feed
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nutreco
Haid Group
Tongwei Group
BioMar
Cargill
CP Group
Evergreen Feed
New Hope Group
Grobest
Yuehai Feed
Ridley
Alpha Feed
Dibaq Aquaculture
DBN
Uni-President Vietnam
Aller Aqua
GreenFeed
Proconco
Avanti Feeds
Gold Coin
Vitapro
Tianma Tech
Nutriad International
Japfa Ltd
Alltech
Key Questions Addressed in this Report
What is the 10-year outlook for the global AquaFeed market?
What factors are driving AquaFeed market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do AquaFeed market opportunities vary by end market size?
How does AquaFeed break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
AquaFeed refers to specially formulated feed products designed for aquatic animals such as fish, shrimp, crabs, and other farmed marine or freshwater species. These feeds are developed to meet the nutritional needs of different species at various life stages, and typically contain a balanced mix of proteins, lipids, carbohydrates, vitamins, and minerals. AquaFeed is crucial in modern aquaculture as it directly influences the growth rate, feed conversion efficiency, health, and product quality of farmed aquatic animals. It comes in various forms such as pellets, crumbles, or extruded feeds, and is tailored for different feeding behaviors and aquatic environments.
The aquafeed market is experiencing strong growth driven by the rapid expansion of global aquaculture production, which has become a vital source of animal protein to meet rising food demand. With wild fish stocks under pressure, farmed seafood—such as shrimp, salmon, tilapia, and pangasius—has become increasingly important, pushing the need for efficient and nutritionally balanced feeds. Technological innovations in feed formulation, including the use of alternative protein sources like insect meal, plant-based ingredients, and fermented feedstocks, have improved feed conversion ratios and reduced dependency on fishmeal and fish oil. In addition, growing consumer demand for sustainable and traceable seafood has encouraged investment in eco-friendly and functional aquafeeds that support health, growth, and disease resistance in farmed species.
Despite strong demand, the aquafeed market faces several persistent challenges. Raw material price volatility, especially for key ingredients like fishmeal, soybean meal, and corn, creates cost pressure and impacts profit margins for feed manufacturers. Moreover, regulatory constraints regarding feed composition, antibiotic usage, and environmental impacts are becoming more stringent across major aquaculture-producing regions. Maintaining feed quality and nutritional precision while complying with local and international standards can increase complexity and cost. Additionally, disease outbreaks in aquaculture—such as early mortality syndrome (EMS) in shrimp or sea lice in salmon—can disrupt feed demand patterns and lead to production losses. These challenges highlight the need for innovation, cost optimization, and robust supply chain strategies in the aquafeed industry.
Global key players include Nutreco, Haid Group, Tongwei Group, BioMar, Cargill, CP Group, Evergreen Feed, New Hope Group, Grobest and Yuehai Feed, etc. Global top six players hold a share about 35 percent in 2024. In terms of application, the Fish Feed is the largest market, with a share over 55%.
LP Information, Inc. (LPI) ' newest research report, the “AquaFeed Industry Forecast” looks at past sales and reviews total world AquaFeed sales in 2024, providing a comprehensive analysis by region and market sector of projected AquaFeed sales for 2025 through 2031. With AquaFeed sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AquaFeed industry.
This Insight Report provides a comprehensive analysis of the global AquaFeed landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AquaFeed portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AquaFeed market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AquaFeed and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AquaFeed.
This report presents a comprehensive overview, market shares, and growth opportunities of AquaFeed market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Mash Feed
Pellet Feed
Extruded Feed
Other
Segmentation by Application:
Fish Feed
Shrimp Feed
Crab Feed
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nutreco
Haid Group
Tongwei Group
BioMar
Cargill
CP Group
Evergreen Feed
New Hope Group
Grobest
Yuehai Feed
Ridley
Alpha Feed
Dibaq Aquaculture
DBN
Uni-President Vietnam
Aller Aqua
GreenFeed
Proconco
Avanti Feeds
Gold Coin
Vitapro
Tianma Tech
Nutriad International
Japfa Ltd
Alltech
Key Questions Addressed in this Report
What is the 10-year outlook for the global AquaFeed market?
What factors are driving AquaFeed market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do AquaFeed market opportunities vary by end market size?
How does AquaFeed break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
153 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for AquaFeed by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for AquaFeed by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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