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

Fish Feed Market Summary

Fish Feed includes specialized nutrition for goldfish, koi, tropical fish, and other aquatic species, available as live or processed food, supporting growth and health in aquaculture and aquariums. The industry is characterized by its focus on high-protein formulations, sustainability, and health additives, driven by demand for seafood and ornamental fish. Trends include organic feeds, precision nutrition, and smart feeding systems, with growth fueled by aquaculture expansion and pet fish markets.

Market Size and Growth Forecast

The global Fish Feed market was valued at USD 48.6–69.7 billion in 2024, with an estimated CAGR of 6.0%–8.0% from 2025 to 2030, driven by aquaculture and aquarium demand.

Regional Analysis

North America grows at 5.8%–7.8%; the U.S. leads due to aquarium markets, emphasizing organic feeds.

Europe achieves 5.5%–7.5% growth; Germany drives demand, focusing on sustainable feeds.

Asia Pacific records 6.5%–8.5% growth; China is a key market, with trends toward aquaculture feeds.

Rest of the World grows at 5.3%–7.3%; Brazil shows potential, prioritizing tropical fish feeds.

Application Analysis

Live Food expands at 5.8%–7.8%; it dominates ornamental fish, with trends favoring natural nutrition.

Processed Food grows at 6.0%–8.0%; it supports aquaculture, emphasizing high-protein formulations.

Type Analysis

Goldfish Feed expands at 5.8%–7.8%; it suits pet markets, with trends favoring health additives.

Koi Feed grows at 6.0%–8.0%; it supports premium fish, emphasizing color enhancement.

Tropical Fish Feed rises at 6.2%–8.2%; it drives aquarium markets, focusing on sustainability.

Others expand at 5.5%–7.5%; they include marine fish feeds, emphasizing precision nutrition.

Key Market Players

Tetra, based in Melle, Germany, is a leader in fish feed, offering processed feeds for tropical fish. Its products are known for sustainability and health additives.

UPEC, headquartered in Qingdao, China, specializes in koi feeds, with a focus on color enhancement and premium formulations.

Canadian Aquatic Feed, from British Columbia, Canada, provides high-protein feeds for aquaculture, emphasizing organic solutions.

Coppens International, based in Helmond, Netherlands, produces scalable feeds for goldfish, known for their precision nutrition and sustainability.

Ocean Star International (OSI), headquartered in Florida, USA, offers cost-effective feeds for tropical fish, focusing on live food compatibility.

Hikari, from Himeji, Japan, supplies premium feeds for koi, emphasizing health and aesthetic enhancement.

JBL, based in Neuhofen, Germany, provides innovative feeds for aquarium fish, with a focus on natural ingredients.

Porter’s Five Forces Analysis

The threat of new entrants is low; regulatory barriers and R&D costs deter entry.

The threat of substitutes is low; alternative feeds cannot match nutritional specificity.

Buyer power is moderate; aquaculture farms demand quality, but large buyers negotiate pricing.

Supplier power is moderate; raw materials like fishmeal face supply constraints.

Competitive rivalry is high; companies differentiate through organic and precision feeds.

Market Opportunities and Challenges

Opportunities

Growing aquaculture and aquarium markets drive feed demand.

Organic and precision feeds enhance market growth.

Emerging markets offer expansion as aquaculture grows in Asia.

Challenges

Raw material scarcity increases production costs.

Regulatory scrutiny on feed additives increases compliance costs.

Environmental concerns challenge feed sustainability.

Growth Trend Analysis

The Fish Feed market is growing robustly, driven by aquaculture and aquarium trends. On July 9, 2024, American Industrial Partners acquired Aker BioMarine’s Feed Ingredients Business, boosting feed portfolios. Guangdong Yuehai Feed Group’s 51% stake in Yixing TianShi Feed on November 6, 2024, expanded additive production. BioMar launched SmartCare Endurance on December 12, 2024, enhancing fish health. Aqua Bridge Group’s acquisition of Avramar’s Greek assets on January 15, 2025, BioMar’s full ownership of LetSea on March 11, 2025, Saudi Arabia’s approval of Unibio’s protein on March 18, 2025, Salmofood and Cooke’s organic salmon feed launch on May 6, 2025, and Miavit’s Marfeed launch on May 14, 2025, align with a projected CAGR of 6.0%–8.0% through 2030.