Feed Grade Shrimp Meal Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Feed Grade Shrimp Meal Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Feed Grade Shrimp Meal Market Overview

The global feed grade shrimp meal market is experiencing steady growth due to rising demand for high-protein animal feed,increased aquaculture activities,and the growing trend of sustainable feed solutions. Shrimp meal's superior nutritional content makes it a preferred ingredient in aquaculture and pet feed industries.

Market Size

The feed grade shrimp meal market is projected to expand at a compound annual growth rate (CAGR) of 5.0% to 6.5% during the forecast period,driven by increasing demand for premium feed ingredients and expanding aquaculture practices.

Market Share & Trends Analysis

By Application

The primary applications of feed grade shrimp meal include:

• Aquaculture: The dominant segment due to shrimp meal's high protein content and essential amino acids,supporting healthy fish and shrimp growth. Expected to grow at a CAGR of 5.5% to 6.5%.
• Pets: Increasing demand for high-quality pet nutrition is driving growth,with an anticipated CAGR of 5.0% to 6.0%.
• Others: Includes niche applications such as specialty feeds,projected to grow steadily at a CAGR of 4.5% to 5.0%.

By Product Type

The market is segmented into two main product types:

• Shrimp Byproduct Meal: A cost-effective option made from shrimp processing residues,widely used in large-scale aquaculture. Projected CAGR: 5.0% to 6.0%.
• Whole Shrimp Meal: A premium product with higher nutritional value,catering to specialty aquaculture and pet feed markets. Expected CAGR: 5.5% to 6.5%.

By Key Market Players

Key companies in the market are focusing on sustainability,quality improvement,and expanding their geographic footprint to gain a competitive edge. Leading players include:

• Marealis: Known for innovative processing techniques and high-quality shrimp meal products.
• Prohalca: A key player with a strong presence in Latin America,focusing on sustainable aquaculture feed solutions.
• Symrise Aqua Feed: Specializes in premium-grade shrimp meal for aquaculture and pet nutrition.
• Seagarden: A prominent producer emphasizing natural and eco-friendly feed products.
• Zhejiang Yifeng Marine Biological Products: A significant player in Asia-Pacific,offering cost-effective and high-quality shrimp meal solutions.

By Region

The market demonstrates varying dynamics across regions:

• Asia-Pacific: The largest and fastest-growing region,driven by the expanding aquaculture industry in China,India,and Southeast Asia. Expected CAGR: 6.0% to 7.0%.
• North America: A mature market with increasing demand for sustainable pet and aquaculture feed. Anticipated CAGR: 4.5% to 5.5%.
• Europe: Moderate growth due to a focus on sustainable and eco-friendly feed ingredients. Estimated CAGR: 4.0% to 5.0%.
• Latin America: A growing market supported by shrimp farming activities in countries like Ecuador and Brazil. Projected CAGR: 5.0% to 6.0%.
• Middle East & Africa: Emerging opportunities due to increasing aquaculture activities and government initiatives. Estimated CAGR: 4.5% to 5.5%.

Market Forecasts (2025-2030)

Growth in Key Segments

• Aquaculture Applications: Anticipated to remain the largest segment,with a CAGR of 5.5% to 6.5%.
• Whole Shrimp Meal: Expected to lead in product type growth due to rising demand for premium-quality feed. Projected CAGR: 5.5% to 6.5%.
• Asia-Pacific Region: Forecasted to maintain dominance,with robust growth at a CAGR of 6.0% to 7.0%.