+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Shrimp Feed Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034

  • PDF Icon

    Report

  • 235 Pages
  • May 2025
  • Region: Global
  • Global Market Insights
  • ID: 6097119
UP TO OFF until Jun 30th 2025
The Global Shrimp Feed Market was valued at USD 4.6 billion in 2024 and is projected to grow at a CAGR of 4.9% to reach USD 7.4 billion by 2034, driven by the increasing demand for shrimp products and the growth of shrimp farming. As the aquaculture industry becomes more efficient and environmentally conscious, there is a greater emphasis on producing high-quality, nutritionally complete shrimp feed that promotes the growth and health of cultured shrimp. The rising consumption of shrimp, due to its nutritional value, is also fueling the demand for shrimp feed.

Technological advancements in feed formulation have been a key driver in the ongoing transformation of the shrimp feed industry. Over the past years, manufacturers have developed innovative feed solutions by incorporating new ingredients that not only support faster shrimp growth but also improve their resistance to diseases and enhance their overall health. These formulations help farmers ensure that shrimp are raised under optimal conditions, leading to better quality yields. While the industry has made remarkable progress in shrimp farming techniques and feed quality over the last two decades, there are still several hurdles to overcome. One of the biggest challenges remains maintaining biosecurity and adhering to best practices in feeding. Ensuring the health of shrimp and preventing diseases is crucial, and any lapse in biosecurity measures can result in significant economic losses.

The fish meal-based feed segment, valued at USD 1.8 billion in 2024, is expected to grow at a CAGR of 4.5% from 2025 to 2034. Fishmeal-based feed has been a cornerstone of shrimp farming for years, helping address challenges like overfishing while supporting sustainable fish farming initiatives. There is also a shift towards more eco-friendly alternatives, such as soy protein concentrates, which have seen a significant increase in use.

The grower feed segment was valued at USD 2.1 billion in 2024, accounting for a 44.6% share. This category focuses on meeting the dietary needs of shrimp during their rapid growth phase. Additionally, finisher feeds, which emphasize muscle development and overall maturity in the later stages of the shrimp farming cycle, capture a significant portion of the market. Market dynamics are influenced by feed conversion rates, growth rates, and the health benefits desired by shrimp farmers, leading to greater demand for specialized feeds during different growth phases.

United States Shrimp Feed Market was valued at USD 1.1 billion in 2024 and is expected to grow at a CAGR of 4.6% through 2034. The U.S. market is shifting towards more sustainable and higher-quality feed options, driven by the expansion of responsibly farmed shrimp. There is a growing trend toward using plant and algal-based feed ingredients to reduce reliance on fishmeal and mitigate sustainability concerns. Additionally, advancements in feed formulations for better shrimp health, growth, and feed conversion ratios contribute to the market's growth.

Major players in the Global Shrimp Feed Industry include Alltech, Biomar Group, Adisseo Group, Avanti Feeds Ltd, and Biomin Holding GmbH. These companies focus on creating innovative products that meet the evolving demands of shrimp farming. To strengthen their market position, companies in the shrimp feed industry employ several key strategies. They invest in research and development to improve feed formulations that enhance shrimp health, growth rates, and disease resistance. Partnerships with aquaculture farms allow these companies to fine-tune their products to meet specific market needs. Additionally, they focus on producing sustainable and eco-friendly feed options, which align with growing consumer demand for responsibly sourced seafood.

Comprehensive Market Analysis and Forecast

  • Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
  • Competitive landscape with Porter’s Five Forces and PESTEL analysis
  • Market size, segmentation, and regional forecasts
  • In-depth company profiles, business strategies, financial insights, and SWOT analysis

This product will be delivered within 2-4 business days.

Table of Contents

Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Trump administration tariffs
3.2.1 Impact on trade
3.2.1.1 Trade volume disruptions
3.2.1.2 Retaliatory measures
3.2.2 Impact on the industry
3.2.2.1 Supply-Side Impact (Raw Materials)
3.2.2.1.1 Price volatility in key materials
3.2.2.1.2 Supply chain restructuring
3.2.2.1.3 Production cost implications
3.2.3 Demand-Side Impact (Selling Price)
3.2.3.1 Price transmission to end markets
3.2.3.2 Market share dynamics
3.2.3.3 Consumer response patterns
3.2.4 Key companies impacted
3.2.5 Strategic industry responses
3.2.5.1 Supply chain reconfiguration
3.2.5.2 Pricing and product strategies
3.2.5.3 Policy engagement
3.2.6 Outlook and future considerations
3.3 Trade statistics (HS Code)
3.3.1 Major exporting countries, 2021-2024 (Kilo Tons)
3.3.2 Major importing countries, 2021-2024 (Kilo Tons)
Note: the above trade statistics will be provided for key countries only.
3.4 Feed production and manufacturing analysis
3.4.1 Feed production process overview
3.4.1.1 Raw material procurement
3.4.1.2 Grinding and milling
3.4.1.3 Mixing and conditioning
3.4.1.4 Extrusion and pelleting
3.4.1.5 Drying and cooling
3.4.1.6 Coating and finishing
3.4.1.7 Packaging and storage
3.4.2 Manufacturing technologies and equipment
3.4.2.1 Traditional processing methods
3.4.2.2 Advanced extrusion technologies
3.4.2.3 Automation and control systems
3.4.2.4 Quality control equipment
3.4.3 Feed formulation strategies
3.4.3.1 Nutritional requirements by shrimp life stage
3.4.3.2 Ingredient selection criteria
3.4.3.3 Cost optimization approaches
3.4.3.4 Functional feed development
3.4.4 Quality assurance and control
3.4.4.1 Quality standards and certifications
3.4.4.2 Testing protocols
3.4.4.3 Traceability systems
3.4.4.4 Contamination prevention
3.4.5 Production capacity analysis
3.4.5.1 Global production capacity
3.4.5.2 Regional manufacturing hubs
3.4.5.3 Capacity utilization rates
3.4.5.4 Expansion plans and investments
3.5 Future Outlook and strategic recommendations
3.5.1 Market forecast (2025-2034)
3.5.1.1 by ingredient segment
3.5.1.2 by product segment
3.5.1.3 by additives segment
3.5.1.4 by shrimp species
3.5.1.5 by region
3.5.2 Emerging trends and their impact
3.5.2.1 Consumer behaviour shifts
3.5.2.2 Technological advancements
3.5.2.3 Regulatory developments
3.5.2.4 Sustainability imperatives
3.5.3 Strategic imperatives for market players
3.5.3.1 Short-term strategies (1-2 Years)
3.5.3.2 Medium-term strategies (3-5 Years)
3.5.3.3 Long-term strategies (5+ Years)
3.5.4 Innovation and product development roadmap
3.5.4.1 Next-Generation feed concepts
3.5.4.2 Formulation innovations
3.5.4.3 Packaging evolution
3.5.4.4 Service model innovations
3.5.5 Sustainability and ESG considerations
3.5.5.1 Environmental impact reduction
3.5.5.2 Social responsibility initiatives
3.5.5.3 Governance and Transparency
3.5.5.4 Circular economy implementation
3.5.5.5 Digital transformation blueprint
3.5.5.6 E-commerce strategy
3.5.5.7 Data analytics and AI integration
3.5.5.8 IoT and smart farming solutions
3.5.5.9 Blockchain for traceability
3.6 Supplier landscape
3.7 Profit margin analysis
3.8 Key news & initiatives
3.9 Regulatory landscape
3.9.1 Global regulatory framework
3.9.1.1 Feed safety regulations
3.9.1.2 Quality standards
3.9.1.3 Labelling requirements
3.9.1.4 International trade regulations
3.9.2 Regional regulatory analysis
3.9.2.1 Asia-Pacific regulations
3.9.2.2 North america regulations
3.9.2.3 European Union regulations
3.9.2.4 Latin america regulations
3.9.3 Sustainability certifications and standards
3.9.3.1 Aquaculture Stewardship Council (ASC)
3.9.3.2 Global Aquaculture Alliance (GAA)
3.9.3.3 Marine Stewardship Council (MSC)
3.9.3.4 Other certification programs
3.9.4 Environmental impact assessment
3.9.4.1 Carbon footprint analysis
3.9.4.2 Water usage and pollution
3.9.4.3 Land use impact
3.9.4.4 Biodiversity impact
3.9.5 Sustainable feed practices
3.9.5.1 Reduction of Fishmeal and fish oil dependency
3.9.5.2 Alternative ingredient sourcing
3.9.5.3 Waste reduction strategies
3.9.5.4 Circular economy approaches
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Increasing global demand for shrimp due to rising seafood consumption.
3.10.1.2 Advancements in aquaculture practices and technologies.
3.10.1.3 Growing awareness about the nutritional benefits of shrimp.
3.10.1.4 Expansion of shrimp farming in emerging markets.
3.10.2 Industry pitfalls & challenges
3.10.2.1 Rising raw material costs for shrimp feed production.
3.10.2.2 Environmental concerns and the need for sustainable feed ingredients.
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
4.5 Marketing strategies and brand positioning
4.5.1 Current marketing landscape
4.5.1.1 Key marketing channels
4.5.1.2 Messaging strategies
4.5.1.3 Budget allocation patterns
4.5.2 Digital marketing strategies
4.5.2.1 Online presence and e-commerce
4.5.2.2 Social media marketing
4.5.2.3 Content marketing approaches
4.5.2.4 Mobile applications and tools
4.5.3 Brand positioning strategies
4.5.3.1 Premium vs. value positioning
4.5.3.2 Technical performance positioning
4.5.3.3 Sustainability positioning
4.5.3.4 Innovation leadership positioning
4.5.4 Customer engagement tactics
4.5.4.1 Technical support services
4.5.4.2 Educational programs
4.5.4.3 Demonstration farms
4.5.4.4 Customer feedback systems
4.5.5 Case Studies of successful Marketing Campaigns
4.5.5.1 Brand Success Stories
4.5.5.2 Campaign ROI Analysis
4.5.5.3 Lessons Learned and Best Practices
4.6 Stakeholder-Specific Insights and Recommendations
4.6.1 For C-Suite Executives
4.6.1.1 Strategic Growth Opportunities
4.6.1.2 Risk Management Framework
4.6.1.3 Competitive Positioning Strategies
4.6.1.4 Investment Prioritization
4.6.2 For Product Development Teams
4.6.2.1 Innovation Roadmap
4.6.2.2 Consumer Needs Assessment
4.6.2.3 Formulation and Ingredient Trends
4.6.2.4 Testing and Validation Protocols
4.6.3 For Technology Teams
4.6.3.1 Digital Transformation Priorities
4.6.3.2 Emerging Technologies Assessment
4.6.3.3 IT Infrastructure Recommendations
4.6.3.4 Data Analytics Implementation
4.6.4 For Marketing and Sales Teams
4.6.4.1 Channel Strategy Optimization
4.6.4.2 Brand Positioning Recommendations
4.6.4.3 Customer Acquisition Strategies
4.6.4.4 Retention and Loyalty Programs
4.6.5 For Procurement and Supply Chain Teams
4.6.5.1 Sourcing Strategy Recommendations
4.6.5.2 Supplier Relationship Management
4.6.5.3 Inventory Optimization Approaches
4.6.5.4 Risk Mitigation Strategies
4.6.6 For Regulatory and Compliance Teams
4.6.6.1 Regulatory Trend Analysis
4.6.6.2 Compliance Strategy Framework
4.6.6.3 Certification and Standards Adoption
4.6.6.4 Environmental Compliance Roadmap
Chapter 5 Market Estimates & Forecast, by Ingredients, 2021-2034 (USD Billion) (Kilo Tons)
5.1 Key trends
5.2 Fish meal-based feeds
5.3 Plant-based feeds
5.4 Soybean meal-based feeds
5.5 Wheat-based feeds
5.6 Corn-based feeds
5.7 Others
Chapter 6 Market Estimates & Forecast, by Product, 2021-2034 (USD Billion) (Kilo Tons)
6.1 Key trends
6.2 Starter feeds
6.3 Grower feeds
6.4 Finisher feeds
Chapter 7 Market Estimates & Forecast, by Additives, 2021-2034 (USD Billion) (Kilo Tons)
7.1 Key trends
7.2 Vitamins
7.3 Minerals
7.4 Probiotics
7.5 Prebiotics
7.6 Antibiotics
7.7 Others
Chapter 8 Market Estimates & Forecast, by Shrimp Species, 2021-2034 (USD Billion) (Kilo Tons)
8.1 Key trends
8.2 Pacific white leg shrimp
8.3 Black tiger shrimp
8.4 Others
Chapter 9 Market Estimates & Forecast, by Region, 2021-2034 (USD Billion) (Kilo Tons)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Australia
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.6 MEA
9.6.1 South Africa
9.6.2 Saudi Arabia
9.6.3 UAE
Chapter 10 Company Profiles
10.1 Adisseo Group
10.2 Alltech
10.3 Archipelago Life Sciences Pte Ltd.
10.4 Avanti Feeds Ltd.
10.5 BioMar Group
10.6 Biomin Holding GmbH
10.7 Cargill, Incorporated
10.8 Cermaq Group AS
10.9 Charoen Pokphand Foods Public Company Limited (CP Foods)
10.10 Coppens International B.V.
10.11 Nutreco N.V.
10.12 Nutriad International NV
10.13 Ridley Corporation Limited
10.14 Rangen, Inc.
10.15 Thai Union Group PCL

Companies Mentioned

The companies featured in this Shrimp Feed market report include:
  • Adisseo Group
  • Alltech
  • Archipelago Life Sciences Pte Ltd.
  • Avanti Feeds Ltd.
  • BioMar Group
  • Biomin Holding GmbH
  • Cargill, Incorporated
  • Cermaq Group AS
  • Charoen Pokphand Foods Public Company Limited (CP Foods)
  • Coppens International B.V.
  • Nutreco N.V.
  • Nutriad International NV
  • Ridley Corporation Limited
  • Rangen, Inc.
  • Thai Union Group PCL

Table Information