Aquafeed Market Size, Trends, Analysis, and Outlook 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), by Country, Segment, and Companies, 2024-2030
The global Aquafeed market size is poised to register a 5.6% growth from $80.3 Billion in 2024 to 111.4 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The Aquafeed market study analyzes the study across 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 Aquafeed Market is expected to grow significantly, driven by the rising demand for nutritious and balanced feed to support the aquaculture industry. Aquafeed is formulated to provide essential nutrients to farmed fish and crustaceans, promoting growth and health. The market growth is fueled by the increasing consumption of seafood, advancements in feed manufacturing technologies, and the need for sustainable and efficient feed solutions. Innovations in feed ingredients, including the use of alternative protein sources and functional additives, are enhancing the nutritional value and environmental sustainability of aquafeed, further propelling market expansion.
Aquafeed Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Aquafeed market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Aquafeed" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Aquafeed industry.
Key market trends defining the global Aquafeed demand in 2024 and Beyond
The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.
Aquafeed Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Aquafeed industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Aquafeed companies scaling up production in these sub-segments with a focus on emerging countries.
Key strategies adopted by companies within the Aquafeed industry
Leading Aquafeed companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Aquafeed companies.
Aquafeed Market Study- Strategic Analysis Review
The Aquafeed market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Aquafeed Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Aquafeed industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.
Aquafeed Country Analysis and Revenue Outlook to 2030
The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.
North America Aquafeed Market Size Outlook- Companies plan for focused investments in a changing environment
The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Aquafeed market segments. Similarly, strong market demand encourages Canadian Aquafeed companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.
Europe Aquafeed Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Aquafeed industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Aquafeed market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Aquafeed Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Aquafeed in Asia Pacific. In particular, China, India, and South East Asian Aquafeed markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Aquafeed Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Aquafeed Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Aquafeed market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Aquafeed.
Aquafeed Market Company Profiles
The global Aquafeed market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are 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.
Recent Aquafeed Market Developments
The global Aquafeed market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Aquafeed Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation: By IngredientSoybean
Corn
Fishmeal
Fish Oil
Additives
Others
By AdditivesAntibiotics
Vitamins & Minerals
Antioxidants
Amino Acids
Enzymes
Probiotics & Prebiotics
Others
By SpeciesFish
- Tilapia
- Salmon
- Carp
- Trout
- Others
Crustaceans
Crustaceans
Others
By FormDry
Moist
Wet
By LifecycleStarter Feed
Grower Feed
Finisher Feed
Brooder Feed
Geographical Segmentation: - North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
CompaniesAdisseo 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
Formats Available: Excel, PDF, and PPT