Aquafeed Market Size, Share, and Outlook, 2025 Report- By Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives, Others), By Additives (Antibiotics, Vitamins & Minerals, Antioxidants, Amino Acids, Enzymes, Probiotics & Prebiotics, Others), By Species (

Aquafeed Market Outlook

Aquafeed Market Size is forecast to reach $124.2 Billion in 2032 from $84.4 Billion in 2025, at an optimistic growth rate of 5.6% from 2025 to 2032. The robust Aquafeed Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Aquafeed Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives, Others), By Additives (Antibiotics, Vitamins & Minerals, Antioxidants, Amino Acids, Enzymes, Probiotics & Prebiotics, Others), By Species (Fish, Crustaceans, Crustaceans, Others), By Form (Dry, Moist, Wet), By Lifecycle (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed). Over 70 tables and charts showcase findings from our latest survey report on Aquafeed Markets.

Aquafeed Market Insights, 2025: Aquafeed market- key drivers and opportunities

The aquafeed market, integral to the aquaculture industry, is experiencing significant growth due to the increasing demand for seafood and the advancement of sustainable and efficient farming practices. Aquafeed consists of specially formulated nutritional products used to feed aquatic species such as fish, shrimp, and mollusks in aquaculture systems. The development and production of aquafeed are crucial for enhancing the growth, health, and productivity of farmed aquatic organisms. As the global population continues to rise and consumer demand for protein-rich foods like fish and seafood increases, the aquafeed market is positioned for long-term expansion.

One of the primary drivers of the aquafeed market is the growing global demand for seafood. Fish and other aquatic species are among the fastest-growing sources of animal protein due to their efficient feed-to-food conversion ratio and relatively low environmental impact compared to terrestrial meat production. As aquaculture continues to expand globally, driven by both the increasing demand for seafood and the need to alleviate pressure on wild fish populations, the demand for high-quality aquafeeds is surging. Efficient, nutritionally balanced feeds are essential for maximizing the growth and health of aquatic species in farming systems, particularly in high-density aquaculture operations.

Furthermore, advancements in feed formulation and technology are accelerating the growth of the aquafeed market. The use of precision feeding techniques, where feed formulations are tailored to the specific nutritional needs of different species at various growth stages, is becoming more widespread. This ensures optimal feed efficiency, reduces waste, and improves the overall sustainability of aquaculture operations. Research and innovation in feed additives, such as vitamins, minerals, probiotics, and functional ingredients, also contribute to improved feed quality, growth performance, and disease resistance in farmed aquatic species. As these technological advancements continue to evolve, the demand for specialized, high-performance aquafeeds will continue to rise.

The growing focus on aquaculture sustainability presents significant opportunities for innovation within the aquafeed market. The need to reduce reliance on fishmeal and fish oil is leading to the development of alternative protein sources derived from plants, insects, and even microorganisms. The incorporation of insect-based proteins, such as those derived from black soldier fly larvae, is gaining attention as a viable alternative to traditional feed ingredients. These insect proteins are highly nutritious, have a low environmental impact, and can be produced with minimal land and water usage, making them an attractive solution for sustainable aquaculture.

Another area of opportunity is the development of functional feeds that enhance the health and disease resistance of aquatic species. As the aquaculture industry moves towards more intensive farming practices, the risk of disease outbreaks increases, and there is a growing demand for feeds that support immune function and overall health. Feed additives such as probiotics, prebiotics, and immunostimulants are being incorporated into aquafeeds to promote gut health, reduce the need for antibiotics, and improve overall fish welfare. These functional feeds not only contribute to improved productivity but also help to address consumer concerns regarding food safety and antibiotic use in aquaculture.

Additionally, the expansion of the global aquaculture industry, particularly in emerging markets, presents significant opportunities for the aquafeed market. Countries in Asia, Latin America, and Africa are increasingly adopting aquaculture practices to meet the rising demand for seafood and to boost local economies. In these regions, there is growing recognition of the importance of high-quality aquafeeds in improving production efficiency and ensuring the health of farmed aquatic species. As a result, there is increasing investment in the development and distribution of affordable, region-specific aquafeed formulations to support the growth of the industry in these emerging markets.

The demand for high-value species, such as shrimp, salmon, and tilapia, is also creating new opportunities for aquafeed manufacturers. These species are in high demand due to their premium prices in global markets. Specialized aquafeeds are required to support the growth and health of these species, and the development of tailored feed solutions is becoming an increasingly important segment of the aquafeed market. For instance, feeds designed specifically for shrimp farming address the unique nutritional needs of these crustaceans, while feeds for salmon and other fish species are formulated to ensure optimal growth and disease resistance in different environmental conditions.

In line with these developments, the ongoing trend of digitization in the aquaculture sector is opening up opportunities for smart feeding solutions. Technologies such as Internet of Things (IoT)-enabled sensors, automated feeding systems, and artificial intelligence (AI) are being integrated into aquaculture operations to optimize feed management and reduce waste. These innovations allow for more precise monitoring of feeding behavior, water quality, and environmental conditions, which in turn helps to improve feed efficiency and overall farm productivity. As the adoption of digital technologies in aquaculture continues to grow, the demand for smart aquafeed solutions that are compatible with these systems is expected to increase.

Five Trends that will define global Aquafeed Market in 2025 and Beyond

A closer look at the multi-million global market for Aquafeed Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Aquafeed Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Aquafeed Industry?

The Aquafeed Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Aquafeed Market Segment Insights

The Aquafeed Industry presents strong offers across categories. The analytical report offers forecasts of Aquafeed Industry performance across segments and countries. Key segments in the industry include- By Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives, Others), By Additives (Antibiotics, Vitamins & Minerals, Antioxidants, Amino Acids, Enzymes, Probiotics & Prebiotics, Others), By Species (Fish, Crustaceans, Crustaceans, Others), By Form (Dry, Moist, Wet), By Lifecycle (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Aquafeed Market size outlook is provided for 22 countries across these regions.

Aquafeed Industry Value Chain

The chapter identifies potential companies and their operations across the global Aquafeed Industry ecosystem. It assists decision-makers in evaluating global Aquafeed Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Aquafeed Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Aquafeed Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Aquafeed Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Aquafeed Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Aquafeed Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Aquafeed Market Insights- Executives are most excited about opportunities for the US Aquafeed Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Aquafeed Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Aquafeed Market.

Latin American Aquafeed Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Aquafeed Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Aquafeed Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Aquafeed Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Aquafeed Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Adisseo France SAS, Aller Aqua Group, Alltech Inc, Archer Daniels Midland Company, Avanti Feeds Ltd, Beneo GmbH, BioMar Group, Biomin Holding GmbH, Biostadt India Ltd, Cargill Inc, Charoen Pokphand Foods Public Company Ltd, Growel Feeds Pvt. Ltd, Japfa Ltd, Kent Nutrition Group Inc, Lifecircle Nutrition Pvt. Ltd, Marubeni Nisshin Feed Co. Ltd, Marvesa Holding N.V., Nestlé Purina PetCare Company, Norel S.A., Novus International Inc, Nutreco N.V., Ridley Corp Ltd, Royal De Heus B.V., Sonac BV, The Waterbase Ltd.

Aquafeed Market Scope and Segmentation

By Ingredient

Soybean

Corn

Fishmeal

Fish Oil

Additives

Others

By Additives

Antibiotics

Vitamins & Minerals

Antioxidants

Amino Acids

Enzymes

Probiotics & Prebiotics

Others

By Species

Fish

• Tilapia
• Salmon
• Carp
• Trout
• Others

Crustaceans

• Crabs
• Krill
• Shrimp
• Others

Crustaceans

• Oysters
• Mussels
• Others

Others

By Form

Dry

Moist

Wet

By Lifecycle

Starter Feed

Grower Feed

Finisher Feed

Brooder Feed

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Aquafeed Market Research-

Adisseo France SAS

Aller Aqua Group

Alltech Inc

Archer Daniels Midland Company

Avanti Feeds Ltd

Beneo GmbH

BioMar Group

Biomin Holding GmbH

Biostadt India Ltd

Cargill Inc

Charoen Pokphand Foods Public Company Ltd

Growel Feeds Pvt. Ltd

Japfa Ltd

Kent Nutrition Group Inc

Lifecircle Nutrition Pvt. Ltd

Marubeni Nisshin Feed Co. Ltd

Marvesa Holding N.V.

Nestlé Purina PetCare Company

Norel S.A.

Novus International Inc

Nutreco N.V.

Ridley Corp Ltd

Royal De Heus B.V.

Sonac BV

The Waterbase Ltd

Reasons to Buy the report

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