Market Overview
As of 2023, the global aquatic feed market is characterized by its rapid growth, attributed to the increasing demand for fish and seafood products, driven by rising population and changing dietary preferences. Aquaculture is recognized for its potential to meet the global demand for protein, with feed accounting for a significant portion of production costs.Market Size
According to market research, the global aquatic feed market was valued at approximately USD 40 billion in 2023, with expectations to reach around USD 55 billion by 2030, growing at a CAGR of 5.4%. This substantial growth reflects the increasing investments in aquaculture and advancements in feed formulation technologies.Market Share & Trends Analysis
In terms of product types, the market is segmented into the following categories:- Mash Feed
- Pellet Feed
- Expanded Feed
- Other
Key Players
The aquatic feed market is competitive, with several key players driving innovation and market growth. Some of the leading companies include:- 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 Analysis
The market is segmented based on various parameters:By Process
The major processes include:
- Extrusion
- Pelleting
- Other processes
By Application
The primary applications in the aquatic feed sector encompass:
- Fish Feed
- Shrimp Feed
- Crab Feed
- Other
By End-Use
The end-use segment includes:
- Commercial Aquaculture
- Household Aquaculture
- Wild Catch
Regional Analysis
The aquatic feed market is geographically segmented into:- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
Market News on Policy and Companies
In recent years, several policies aiming to enhance sustainability in aquaculture have been introduced, promoting the use of responsibly sourced ingredients in feed production. Significant investments have been made by key players, including Cargill's commitment to sustainable sourcing and Nutreco's initiatives in innovation to improve feed efficiency and health of farmed species.For instance, BioMar's strategic partnerships with ingredient suppliers are setting benchmarks in achieving high nutritional standards while minimizing environmental impact.
Segment Forecasts (2025-2030)
Looking forward, the aquatic feed market is projected to witness significant changes and developments:- The pellet feed segment is expected to grow at a CAGR of 6.1% over the forecast period, driven by increased adoption in both fish and shrimp farming.
- Over the next five years, the shrimp feed sector is projected to lead in growth, particularly in Asia-Pacific, due to rising shrimp consumption and ongoing advancements in nutrition.
- Extrusion processes are likely to capture a larger share of the market as manufacturers continue to innovate and enhance feed quality and digestibility.
Conclusion
The aquatic feed market presents a dynamic landscape influenced by technological advancements, evolving consumer preferences, and sustainability considerations. The interplay between increasing demand for seafood and responsible aquaculture practices will shape the future of this sector. Key stakeholders need to adapt to market trends, regulatory changes, and consumer expectations to thrive in this competitive industry.This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned
- 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


 
   
   
     
     
  