Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive and Region - Global Forecast to 2028

Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive and Region - Global Forecast to 2028



According to MarketsandMarkets, the aquafeed market is projected to reach USD 88.0 billion by 2028 from 61.8 billion by 2023, at a CAGR of 7.3% during the forecast period in terms of value. Growth in the aquafeed market has been aided by rising worldwide seafood consumption and rising consumer awareness of the quality of seafood products. Additionally, it is anticipated that an increase in per capita income, particularly in emerging countries, will support the expansion of the aquaculture and aquafeed industries. Long-term market expansion is anticipated to be constrained by rising raw material costs because the bulk of high-quality feed is made with fish meal and fish oil.

""By ingredients, fish meal segment is projected at a fastest during the forecast period.""

Fishmeal is prepared by using wild-caught and small marine fish, which contain a high percentage of bones and oil. It is unsuitable for human consumption. It typically contains 60% to 72% protein; 5% to 12% fat; and a high content of EPA and DHA fatty acids more commonly referred to as Omega-3, vitamins, and minerals. The use of fishmeal in the diet of aquatic animals improves the overall efficiency of the feed and improves their growth, palatability, nutrition uptake, digestion, and absorption, thus driving the demand for fish meal in aquafeed market.

""By form, the dry segment is projected fastest during the forecast period.”

The feed for fish is most commonly available in the form of pellets or granules, and usually contains moisture of approximately 7%–13%. Most aquafeed manufacturers adopt the use of the dry form of feed due to its free-flowing structure and ability to provide consistency. Dry feed has superior feed conversion ratios, which means that aquatic animals use the nutrients in the diet more effectively. As a result, the aquaculture species may perform better overall and grow at higher rates while spending less on feed. Companies are also coming up with new product launches, such as, in April 2023, MiAlgae, Scottish biotech company, launched NutrAlgae, an omega 3 powder which is a nutritious feed ingredient. It can be used as fish feed and pet food ingredient. The product has a high concentration of DHA and other oils. This is allowing new ingredient-based products thus driving the aquafeed market.

""By species, the fish segment is projected fastest during the forecast period.”

The oldest and most popular type of aquaculture, or cultivation of aquatic animals, is fish farming. Fish-focused aquafeed is in high demand due to the vast farming of fish species like salmon, tilapia, carp, and catfish over a long period of time. In addition, fish are highly prized for the nutrients they contain, particularly the omega-3 fatty acids and premium protein. Due to this, there is a substantial market demand for farmed fish for both home and international use. Aquaculture producers depend on nutrient-balanced and species-specific aquafeed formulations to promote the development, health, and quality of farmed fish in order to meet this demand.

“By lifecycle, grower segment is projected in fastest during the forecast period.”

Proteins are an important requirement for the growth of fish. The protein requirements are generally higher for fish, which are smaller in size and are at the early stages of life. As the fish grows larger, the protein requirements are usually lower. For optimum growth and development, small fish, such as fingerlings or juvenile fish, have nutritional needs. Grower feeds are designed to suit the nutritional requirements of small fish by delivering a well-balanced mix of proteins, carbs, fats, vitamins, and minerals. These feeds are made to promote the juvenile fish's skeletal development, overall wellbeing, and healthy growth. The nutritional requirements of small fish alter as they mature and develop to bigger sizes. By offering proper nutrient profile for their intermediate growth stages, grower feeds assist in bridging the nutritional gap between starter feeds and adult feeds. They act as a transitional diet that gets the fish ready for their eventual switch to adult feeds, which have various nutrient profiles.

“By additives, amino acids segment is projected in fastest during the forecast period.”

Amino acids are important in animal nutrition and are the building blocks of protein, which play an essential role in the growth, production, and overall maintenance of aquatic animal health. They provide the energy required for the growth of muscles and bones for muscle movement, digestion, and blood circulation. Amino acids are essential for the effective utilization of other nutrients, including fats and carbs. Lack of certain amino acids in the diet could interfere with the metabolism and absorption of nutrients, thereby reducing feed efficiency and nutrient utilization. The optimization of nutrient utilization and the improvement of feed conversion into biomass are both aided by the supplementation of the lacking amino acids. Methionine, lysine, tryptophan, and threonine are the four types of amino acids widely used in animal feed. Tryptophan regulates the immune system, maintains health, increases appetite, and improves the growth rate and efficiency of feed.

“Asia Pacific will significantly contribute towards market growth during the forecast period.”

The Asia Pacific region includes countries such as China, Indonesia, Vietnam, Thailand, India, and Rest of Asia Pacific. The region also accounted for the largest share of 63.5% in the global aquafeed market in 2022. According to a report published by FAO in 2022, Asia continued to dominate the global aquaculture production, with the production share of 70% in 2020, which is followed by Americas accounting 12% and then Europe having the share of 10%, and the rest of the aquaculture production is contributed by Africa and Oceania. China remained the major producer with a share of 35% of the total output. The expansion in the global aquaculture is also attributed to the large fishing fleet that Asian countries have, which is about two-thirds of the global total. Therefore, the expansion of the aquaculture sector in Asia Pacific drives the demand for aquafeed. The region has a significant share in global aquaculture production, and as the industry grows, there is a greater need for high-quality and sustainable aquafeed, which is anticipated to drive the aquafeed market in the region.

Break-up of Primaries:

By Company Type: Tier1-30%, Tier 2-30%, Tier 3- 40%

By Designation: CXOs-31%, Managers – 24%, and Executives- 45%

By Region: North America - 35%, Europe - 30%, Asia Pacific – 20%, South America-10%, RoW – 5%,

Leading players profiled in this report:

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)

The study includes an in-depth competitive analysis of these key players in the Aquafeed market with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the aquafeed market based on species, additives, form, lifecycle, ingredients and regions. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global aquafeed market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aquafeed market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Growth in aquaculture industry), restraints (Lack of awareness about modern feeding methods in developing countries), opportunities (Growth in support from governments), and challenges (Growth in environmental and human health concerns) influencing the growth of the aquafeed market.

Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the aquafeed market.

Market Development: Comprehensive information about lucrative markets – the report analyses the aquafeed market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aquafeed market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players include ADM (US), Cargill, Incorporated (US), Ridley Corporation Limited (Australia), Nutreco (Netherlands), and Alltech (US. The report also helps stakeholders understand the aquafeed market and provides them with information on key market drivers, restraints, challenges, and opportunities.


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Regions Covered
1.3.2 Inclusions & Exclusions
1.3.3 Years Considered
1.4 Currency Considered
Table 1 Usd Exchange Rates, 2018–2022
1.5 Stakeholders
1.6 Summary Of Changes
1.6.1 Recession Impact Analysis
2 Research Methodology
2.1 Research Data
Figure 2 Aquafeed Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Approach One: Top-down
Figure 3 Aquafeed Market Size Estimation – Top-down Approach
2.2.2 Approach Two: Bottom-up
Figure 4 Aquafeed Market Size Estimation – Bottom-up Approach
2.2.3 Aquafeed Market Size Estimation: Supply Side
Figure 5 Aquafeed Market Size Estimation (Supply Side)
2.2.4 Aquafeed Market Size Estimation: Demand Side
Figure 6 Aquafeed Market Size Estimation (Demand Side)
2.3 Data Triangulation
Figure 7 Data Triangulation Methodology
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
Table 2 Assumptions
2.5 Research Limitations & Associated Risks
2.6 Recession Impact On Aquafeed Market
2.6.1 Macro Indicators Of Recession
Figure 8 Indicators Of Recession
Figure 9 World Inflation Rate: 2011-2021
Figure 10 Global Gdp: 2011-2021 (Usd Trillion)
Figure 11 Recession Indicators And Their Impact On Aquafeed Market
Figure 12 Global Aquafeed Market: Earlier Forecast Vs. Recession Forecast
3 Executive Summary
Table 3 Aquafeed Market Snapshot (Value), 2023 Vs. 2028
Figure 13 Aquafeed Market Size, By Ingredient, 2023 Vs. 2028 (Usd Million)
Figure 14 Aquafeed Market Size, By Lifecycle, 2023 Vs. 2028 (Usd Million)
Figure 15 Aquafeed Market Size, By Form, 2023 Vs. 2028 (Usd Million)
Figure 16 Aquafeed Market Size, By Additive, 2023 Vs. 2028 (Usd Million)
Figure 17 Aquafeed Market Size, By Species, 2023 Vs. 2028 (Usd Million)
Figure 18 Aquafeed Market Share (Value), By Region, 2022
4 Premium Insights
4.1 Brief Overview Of Aquafeed Market
Figure 19 Increasing Trade Of Seafood To Propel Market Growth
4.2 Asia Pacific: Aquafeed Market, By Ingredient And Country
Figure 20 China Accounted For Largest Share In 2022
4.3 Aquafeed Market, By Lifecycle And Region, 2022
Figure 21 Grower Segment To Dominate Market During Forecast Period
4.4 Aquafeed Market, By Form
Figure 22 Dry Form Dominated Market In 2022
4.5 Aquafeed Market: Major Regional Submarkets
Figure 23 China Dominated Market In 2022
5 Market Overview
5.1 Introduction
Figure 24 Global Population, 2010-2021
5.2 Market Dynamics
Figure 25 Aquafeed Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Growth In Aquaculture Industry
Table 4 Global Aquaculture Production, 2013–2018 (Million Tonnes)
5.2.1.2 Rise In Seafood Trade To Propel Demand
5.2.1.3 Increase In Consumption Of Fish
5.2.2 Restraints
5.2.2.1 Lack Of Awareness About Modern Feeding Methods In Developing Countries
5.2.3 Opportunities
5.2.3.1 Growth In Support From Governments
5.2.3.2 Development Of Innovative Products As Source Of Protein
5.2.4 Challenges
5.2.4.1 Growth In Environmental And Human Health Concerns
5.2.4.2 Disease Outbreaks And Disease Prevention Measures
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research And Development
6.2.2 Procurement
6.2.3 Manufacturing/Production
6.2.4 Distribution
6.2.5 Marketing And Sales
6.2.6 End User
Figure 26 Aquafeed Market: Value Chain Analysis
6.3 Pricing Analysis: Aquafeed Market, By Ingredient
Table 5 Average Selling Price, By Ingredient, 2018–2022 (Usd/Kt)
6.4 Ecosystem Map
6.4.1 Aquafeed Market: Ecosystem View
6.4.2 Aquafeed Market Map
6.4.2.1 Upstream
6.4.2.1.1 Aquafeed Manufacturers
6.4.2.1.2 Raw Material Providers
6.4.2.1.3 Academia And Research Institutes
6.4.2.2 Downstream
6.4.2.2.1 Retailers And Distributors
6.5 Trends/Disruptions Impacting Consumer’s Business
Figure 27 Revenue Shift For Aquafeed Market
6.6 Patent Analysis
Figure 28 Regional Analysis Of Patents Granted
Figure 29 Analysis Of Patents Granted, 2012–2022
Table 6 Key Patents Pertaining To Disinfectants In Livestock, 2022–23
6.7 Trade Analysis
Table 7 Key Exporting Countries Of Aquafeed, 2022 (Usd Million)
Figure 30 Aquafeed Export, By Key Country, 2018–2022 (Usd Million)
Table 8 Key Importing Countries Of Aquafeed, 2022 (Usd Million)
Figure 31 Aquafeed Import, By Key Country, 2018–2022 (Usd Million)
6.8 Tariff And Regulatory Landscape
6.8.1 Regulatory Bodies, Government Agencies, And Other Organizations
Table 9 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 10 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 11 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 South America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
6.9 Regulatory Framework
6.9.1 Introduction
6.9.2 North America
6.9.2.1 Us
6.9.2.2 Canada
6.9.2.3 Mexico
6.9.3 Europe
6.9.4 Asia Pacific
6.9.4.1 China
6.9.5 Japan
6.9.5.1 India
6.9.5.2 Australia
6.9.6 South America
6.9.6.1 Brazil
6.10 Technology Analysis
6.10.1 Nutrient Encapsulation
6.10.2 3 D Printing
6.11 Porter’s Five Forces Analysis
Table 13 Aquafeeds Market: Porter’s Five Forces Analysis
6.11.1 Intensity Of Competitive Rivalry
6.11.2 Bargaining Power Of Suppliers
6.11.3 Bargaining Power Of Buyers
6.11.4 Threat Of Substitutes
6.11.5 Threat Of New Entrants
6.12 Key Stakeholders & Buying Criteria
6.12.1 Key Stakeholders In Buying Process
Figure 32 Influence Of Stakeholders On Buying Process
Table 14 Influence Of Stakeholders In Buying Process For Top Three Types Of Aquafeed (%)
6.12.2 Buying Criteria
Figure 33 Key Buying Criteria For Species
Table 15 Key Buying Criteria For Top Three Types Of Aquafeed
6.13 Case Study
6.13.1 Avanti Feeds Limited: Revolutionizing Aquafeed Industry In India
Table 16 Revolutionizing India's Aquafeed Industry: Avanti Feeds Limited's Collaborative Approach And Technological Advancements
7 Aquafeed Market, By Additive
7.1 Introduction
Figure 34 Aquafeed Market Size, By Additive, 2023 Vs. 2028 (Usd Million)
Table 17 Aquafeed Market, By Additive, 2018–2022 (Usd Million)
Table 18 Aquafeed Market, By Additive, 2023–2028 (Usd Million)
7.2 Amino Acids
7.2.1 Amino Acids To Overcome Dietary Deficiencies And Drive Growth
Table 19 Amino Acids: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 20 Amino Acids: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.3 Vitamins & Minerals
7.3.1 Vitamins To Aid In Maintainance Of Aquatic Animals And Boost Growth
Table 21 Vitamins & Minerals: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 22 Vitamins & Minerals: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.4 Prebiotics & Probiotics
7.4.1 Probiotics & Prebiotics To Regulate Gut Health Of Aquatic Animals And Drive Growth
Table 23 Prebiotics & Probiotics: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 24 Prebiotics & Probiotics: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.5 Enzymes
7.5.1 Feed Enzymes To Aid In Nutrient Absorption And Drive Growth
Table 25 Enzymes: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 26 Enzymes: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.6 Antibiotics
7.6.1 Infectious Diseases Such As Columnaris And Streptococcal Infections In Aquatic Animals To Lead To Adoption Of Antibiotics
Table 27 Antibiotics: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 28 Antibiotics: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.7 Antioxidants
7.7.1 Rise In Demand For Fish Feed To Drive Growth Of Antioxidants As Additive
Table 29 Antioxidants: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 30 Antioxidants: Aquafeed Market, By Region, 2023–2028 (Usd Million)
7.8 Other Additives
Table 31 Other Additives: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 32 Other Additives: Aquafeed Market, By Region, 2023–2028 (Usd Million)
8 Aquafeed Market, By Form
8.1 Introduction
Figure 35 Aquafeed Market Size, By Form, 2023 Vs. 2028 (Usd Million)
Table 33 Aquafeed Market, By Form, 2018–2022 (Usd Million)
Table 34 Aquafeed Market, By Form, 2023–2028 (Usd Million)
8.2 Dry Form
8.2.1 Free-flowing Structure And Consistency Of Dry Aquafeed To Drive Growth
Table 35 Dry Form: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 36 Dry Form: Aquafeed Market, By Region, 2023–2028 (Usd Million)
8.3 Wet Form
8.3.1 Wet Form Of Feed To Meet Nutritional Requirements Of Fishes
Table 37 Wet Form: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 38 Wet Form: Aquafeed Market, By Region, 2023–2028 (Usd Million)
8.4 Moist Form
8.4.1 Moist Form To Be Palatable To Aquatic Animals Due To Its Soft Consistency
Table 39 Moist Form: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 40 Moist Form: Aquafeed Market, By Region, 2023–2028 (Usd Million)
9 Aquafeed Market, By Ingredient
9.1 Introduction
Figure 36 Aquafeed Market Size, By Ingredient, 2023 Vs. 2028 (Usd Million)
Table 41 Aquafeed Market, By Ingredient, 2018–2022 (Usd Million)
Table 42 Aquafeed Market, By Ingredient, 2023–2028 (Usd Million)
Table 43 Aquafeed Market, By Ingredient, 2018–2022 (Kt)
Table 44 Aquafeed Market, By Ingredient, 2023–2028 (Kt)
9.2 Soybean
9.2.1 Application Of Soybean For Animal Feed To Boost Market
9.2.1.1 Soybean Meal
9.2.1.2 Soy Oil
9.2.1.3 Soy Lecithin
Table 45 Soybean: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 46 Soybean: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 47 Soybean: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 48 Soybean: Aquafeed Market, By Region, 2023–2028 (Kt)
9.3 Fish Meal
9.3.1 Fishmeal To Improve Feed Efficiency Of Fishes And Prawns And Drive Growth
Table 49 Fish Meal: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 50 Fish Meal: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 51 Fish Meal: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 52 Fish Meal: Aquafeed Market, By Region, 2023–2028 (Kt)
9.4 Corn
9.4.1 Usage Of Corn Oil As Low-cost Alternative In Aquaculture To Drive Growth
9.4.1.1 Corn Gluten Meal
9.4.1.2 Corn Gluten Feed
9.4.1.3 Corn Oil
Table 53 Corn: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 54 Corn: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 55 Corn: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 56 Corn: Aquafeed Market, By Region, 2023–2028 (Kt)
9.5 Fish Oil
9.5.1 Nutrient Infused Omega-3 Fatty Acids To Provide Nutrients For Salmonids And Marine And Propel Growth
Table 57 Fish Oil: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 58 Fish Oil: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 59 Fish Oil: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 60 Fish Oil: Aquafeed Market, By Region, 2023–2028 (Kt)
9.6 Additives
9.6.1 Growing Demand For High-protein Diets To Drive Growth
Table 61 Additives: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 62 Additives: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 63 Additives: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 64 Additives: Aquafeed Market, By Region, 2023–2028 (Kt)
9.7 Other Ingredients
Table 65 Other Ingredients: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 66 Other Ingredients: Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 67 Other Ingredients: Aquafeed Market, By Region, 2018–2022 (Kt)
Table 68 Other Ingredients: Aquafeed Market, By Region, 2023–2028 (Kt)
10 Aquafeed Market, By Lifecycle
10.1 Introduction
Figure 37 Aquafeed Market Size, By Lifecycle, 2023 Vs. 2028 (Usd Million)
Table 69 Aquafeed Market, By Lifecycle, 2018–2022 (Usd Million)
Table 70 Aquafeed Market, By Lifecycle, 2023–2028 (Usd Million)
10.2 Grower Feed
10.2.1 Grower Feed With Nutrient Balance Of Proteins, Carbs, And Fats For Fingerlings To Boost Market
Table 71 Grower Feed: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 72 Grower Feed: Aquafeed Market, By Region, 2023–2028 (Usd Million)
10.3 Finisher Feed
10.3.1 Finisher Feeds To Enhance Protein Intake Of Aquatic Species
Table 73 Finisher Feed: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 74 Finisher Feed: Aquafeed Market, By Region, 2023–2028 (Usd Million)
10.4 Starter Feed
10.4.1 Starter Feed To Improve Digestion And Nutritional Intake Of Small Aquatic Animals
Table 75 Starter Feed: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 76 Starter Feed: Aquafeed Market, By Region, 2023–2028 (Usd Million)
10.5 Brooder Feed
10.5.1 Both Natural And Artificial Feeds To Ensure Better Reproduction In Brooders
Table 77 Brooder Feed: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 78 Brooder Feed: Aquafeed Market, By Region, 2023–2028 (Usd Million)
11 Aquafeed Market, By Species
11.1 Introduction
Figure 38 Aquafeed Market Size, By Species, 2023 Vs. 2028 (Usd Million)
Table 79 Aquafeed Market, By Species, 2018–2022 (Usd Million)
Table 80 Aquafeed Market, By Species, 2023–2028 (Usd Million)
11.2 Fish
11.2.1 Fish As Animal Protein To Drive Demand For Aquafeed Ingredients Among All Species
Table 81 Fish: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 82 Fish: Aquafeed Market, By Region, 2023–2028 (Usd Million)
11.2.2 Tilapia
11.2.3 Salmon
11.2.4 Carp
11.2.5 Trout
11.2.6 Other Fish Species
Table 83 Fish: Aquafeed Market, By Sub-type, 2018–2022 (Usd Million)
Table 84 Fish: Aquafeed Market, Sub-type, 2023–2028 (Usd Million)
11.3 Crustaceans
11.3.1 Growth In Shrimp Production To Boost Aquafeed Consumption Among Crustaceans
Table 85 Crustaceans: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 86 Crustaceans: Aquafeed Market, By Region, 2023–2028 (Usd Million)
11.3.2 Shrimps
11.3.3 Crabs
11.3.4 Krills
11.3.5 Other Crustaceans
Table 87 Crustaceans: Aquafeed Market, By Sub-type, 2018–2022 (Usd Million)
Table 88 Crustaceans: Aquafeed Market, By Sub-type, 2023–2028 (Usd Million)
11.4 Mollusks
11.4.1 Oysters And Mussels To Propel Growth
Table 89 Mollusks: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 90 Mollusks: Aquafeed Market, By Region, 2023–2028 (Usd Million)
11.4.2 Oysters
11.4.3 Mussels
11.4.4 Other Mollusks
Table 91 Mollusks: Aquafeed Market, By Sub-type, 2018–2022 (Usd Million)
Table 92 Mollusks: Aquafeed Market, By Sub-type, 2023–2028 (Usd Million)
11.5 Other Species
Table 93 Other Species: Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 94 Other Species: Aquafeed Market, By Region, 2023–2028 (Usd Million)
12 Aquafeed Market, By Region
12.1 Introduction
Figure 39 Aquafeed Market, By Region, 2023 Vs. 2028 (Usd Million)
Figure 40 Vietnam To Be Fastest Growing Region During Forecast Period
Table 95 Aquafeed Market, By Region, 2018–2022 (Usd Million)
Table 96 Aquafeed Market, By Region, 2023–2028 (Usd Million)
Table 97 Aquafeed Market, By Region, 2018–2022 (Kt)
Table 98 Aquafeed Market, By Region, 2023–2028 (Kt)

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