Global Aquafeed
Market Report
2025
Aquafeed market size is USD 61.8 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aquafeed market size is USD 61.8 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Aquafeed Market Sales Revenue | 121212 | $ 61.8 Billion | 121212 | 121212 | 121212 | 7.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Ingredient |
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Market Split by Additives |
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Market Split by Species |
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Market Split by Form |
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Market Split by Lifecycle |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Aquafeed industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Aquafeed Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aquafeed refers to the specially prepared meal made for aquatic animals. It is made to satisfy the unique dietary requirements of different fish and shellfish species raised in aquaculture. For aquaculture enterprises to remain healthy, thrive, and be productive overall, aquafeed is necessary. The primary factors propelling the aquafeed market are the growing consumer demand for premium seafood, improvements in aquaculture techniques, and developments in feed solutions. In addition, one of the main factors is the creation of sophisticated feed formulas that enhance feed efficiency, growth rates, and nutrient absorption. The market has steady growth prospects due to the increasing popularity of aquafeed, which contains beneficial components. Furthermore, it is projected that rising fish consumption worldwide will fuel an expansion in the seafood trade and drive the global industry. Furthermore, laws that guarantee the safety and quality of aquafeed help comfort people about the caliber of farmed seafood, which is also growing in demand in the market in the coming years.
Raising the Production of Aquafeed - Aquafeed output is growing to meet the growing demand for fish due to population increase and rising per capita seafood consumption around the world. Because of this expansion, there is a clear demand for aquafeed to maintain a healthy and sustainable fish population, which is driving the market growth.
The expansion of the market has been spurred by growing customer consciousness regarding the health advantages of aquafeed.
One key factor restraining the growth of the aquafeed market is the increasing concern about its environmental effects, and strict laws controlling the aquafeed and aquaculture sectors might be difficult to follow.
The aquafeed market growth is hindered by rising raw material costs and the requirement for more environmentally friendly methods.
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In April 2024, Sustell, the industry leader in nutrition, health, and beauty, and DSM-Firmenich will announce their first-ever strategic partnership. Deloitte is a globally recognized professional services firm that will help address the growing need for environmental accountability and create new opportunities for sustainability throughout the animal protein value chain.
Top Companies Market Share in Aquafeed Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to the rising manufacturing of aquaculture brought on by rising seafood consumption and a growing preference for herring production. In addition, the abundance of natural resources in the area, the availability of inexpensive labor, and conditions that encourage aquafeed growth will all contribute to the rise in this region.
Asia-Pacific stands out as the fastest-growing region in the aquafeed market because the rate of fish production has increased dramatically. Therefore, numerous prominent firms in the global industry are growing their operations in China and India. In addition to the region’s expanding middle class and governments that actively encourage the aquaculture industry, people are consuming more seafood because they believe it to be healthier. One reason for this market growth in this region is the rapid adoption of innovative aquafeed solutions.
The current report Scope analyzes Aquafeed Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Aquafeed Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aquafeed Industry growth. Aquafeed market has been segmented with the help of its Ingredient, Additives Species, and others. Aquafeed market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
We have defined the scope of the Aquafeed market in the agriculture industry through comprehensive primary and secondary research methodologies. The type segment/horizontal segment analysis of the Aquafeed market offers detailed insights into key leading segments, their revenue, and market share, along with the factors contributing to their dominance at both global and regional levels.
Additionally, we provide revenue trends and year-over-year (Y-O-Y) growth for each segment, backed by detailed qualitative analysis. The Aquafeed market types/products segment analysis enables clients to expand into new agricultural markets and diversify their customer base, helping to create additional revenue streams and strengthen their competitive position. We also offer customized research scopes based on specific client requirements. For any inquiries or further details, please connect with our research team.
Ingredient of Aquafeed analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aquafeed Industry. Request a Free Sample PDF!
According to Cognitive Market Research, amino acids are the dominant category because of their benefits, which include boosting immunity, raising larval performance, maximizing fish metabolic transformation efficiency, raising resistance to environmental stressors, regulating reproductive effectiveness and timing, and increasing the flavor and texture of fillets when added to aquafeed. Antibiotics are another common component of aquafeed, in addition to amino acids. They increase general health, which fosters greater growth, and they are employed to increase output and efficiency.
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Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aquafeed Market is witnessing significant growth in the near future.
In 2023, the Soybean segment accounted for noticeable share of global Aquafeed Market and is projected to experience significant growth in the near future.
The Antibiotics segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ADM (US) , Ridley Corporation Limited (Australia) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Ingredient | Soybean, Corn, Fishmeal, Fish Oil, Additives, Others |
Additives | Antibiotics, Vitamins & minerals, Antioxidants, Amino acids, Enzymes, Probiotics & prebiotics, Others |
Species | Fish, Crustaceans, Others |
Form | Dry, Moist, Wet |
Lifecycle | Starter feed, Grower feed, Finisher feed, Brooder feed |
List of Competitors | ADM (US), Cargill Incorpoarted (US), Ridley Corporation Limited (Australia), Nutreco (Netherlands), Alltech (US), Purina Animal Nutrition (US), Adisseo (Belgium), Aller Aqua A/S (Denmark), Biomin (Austria), Biomar (Denmark), Norel Animal Nutrition (Spain), Avanti Feeds Limited (India), De Heus Animal Nutrition B.V (Netherlands), Novus International (US), Biostadt India Limited (India), Waterbase Limited (India), Marubein Nisshin Feed Co. Ltd (Japan), Marvesa (Netherlands), Beneo (Germany), Japfa Comfeed (Indonesia), CPF PLC (Thailand), Growel Feeds (India), Sonac (Netherlands), Kent Feeds (US), LifeCircle Nutrition (Switzerland) |
This chapter will help you gain GLOBAL Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review Global Aquafeed Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review North America Aquafeed Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review Europe Aquafeed Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review Asia Pacific Aquafeed Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review South America Aquafeed Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Aquafeed. Further deep in this chapter, you will be able to review Middle East and Africa Aquafeed Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Aquafeed. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Ingredient Analysis 2019 -2031, will provide market size split by Ingredient. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Ingredient Analysis 2021 - 2033
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Chapter 11 Market Split by Additives Analysis 2021 - 2033
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Chapter 12 Market Split by Species Analysis 2021 - 2033
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Chapter 13 Market Split by Form Analysis 2021 - 2033
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Chapter 14 Market Split by Lifecycle Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aquafeed market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Soybean have a significant impact on Aquafeed market? |
What are the key factors affecting the Soybean and Corn of Aquafeed Market? |
What is the CAGR/Growth Rate of Antibiotics during the forecast period? |
By type, which segment accounted for largest share of the global Aquafeed Market? |
Which region is expected to dominate the global Aquafeed Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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