The Market Reports

Synopsis
The global market for Aqua Feed was estimated to be worth US$ 38840 million in 2024 and is forecast to a readjusted size of US$ 60610 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
Aqua Feed is special collocation food for aquatic animals considering essential nutrients and ingredients. Aquafeed pellet is made of amount of ingredients in various proportion that are pelleted or extruded to the compound diet, which have good shapes, full gelatinization and high level of protein. The nutrient components in fish feed mainly consists of protein, starch (sinking aquafeed consists more than 10% and floating aquafeed consists more than 20%), crude fat, raw fiber, crude ash, vitamin and minerals. Protein provides energy and builds muscles. Vitamins and minerals can enhance natural resistance and feed conversion rate. Starch has great gelatinization under high temperature and high humidity conditions. It can improve the stability of aquafeeds and extrusion density of extruded aquafeeds.
The aqua feed market is primarily driven by the rapid growth of global aquaculture, fueled by increasing demand for fish and other seafood products. As populations grow and dietary preferences shift towards more sustainable protein sources, aquaculture is seen as a viable solution to meet this demand. Aqua feed plays a crucial role in supporting the healthy growth of aquatic animals by providing essential nutrients. The growing focus on enhancing feed efficiency, improving sustainability, and reducing environmental impact also drives innovation in feed formulations, leading to the development of high-quality, specialized feeds that cater to the needs of various aquatic species. Additionally, the rise of fish farming in developing regions, particularly in Asia-Pacific, further supports market expansion.
However, the aqua feed market faces several challenges, including the rising cost of raw materials such as fishmeal, which is a key ingredient in many aqua feeds. This has led to a push for alternative protein sources, such as plant-based proteins and insect meal, but these alternatives face challenges in terms of availability, cost-effectiveness, and acceptance by farmers. Another challenge is the environmental concerns associated with aquaculture, including waste management and overfishing of wild fish stocks for fishmeal production. Furthermore, regulatory issues related to the safety and quality of aqua feed products can pose obstacles to market growth. The need for more sustainable and environmentally friendly feed solutions remains a key challenge for the industry.
Global Aqua Feed key players include Nutreco, Guangdong Haid Group, Tongwei Group, Cargill, etc. Global top four manufacturers hold a share over 20%. Asia-Pacific is the largest market, with a share over 70%, followed by Europe, and South America, both have a share about 20 percent. In terms of product,Extruded Feed is the largest segment, with a share over 73%. And in terms of application, the largest application is Fish Feed, followed by Shrimp Feed, Crab Feed, etc.
This report aims to provide a comprehensive presentation of the global market for Aqua Feed, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Aqua Feed by region & country, by Type, and by Application.
The Aqua Feed market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aqua Feed.
Market Segmentation
By Company
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
Segment by Type
Extruded
Pelletized
Other
Segment by Application
Fish Feed
Shrimp and Crab Feed
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Aqua Feed manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Aqua Feed in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Aqua Feed in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index