Aquafeed Market will grow at a CAGR of 5.37% to be valued at US$82.18 billion in 2030 from US$63.28 billion in 2025.
With the growing human population, the need for increased food production stands as a foremost concern for sustaining future food demands. To reduce the gap between food demand and supply, attention is turning to the sea for solutions. According to the World Bank, aquaculture is expected to become the primary source of seafood by 2030, driven by demand from the global middle class and limitations of wild capture fisheries. This expanding aquaculture industry is projected to significantly boost the aquafeed market. Additionally, growth in seafood trade due to globalization and increased consumer spending power further strengthens the aquafeed market. However, fluctuating prices of key raw materials such as fish oil and fish meal are driving the need for cost-effective alternatives while restraining market growth.
In the additive segment, amino acids are expected to show high growth rates over the forecast period due to increasing consumer demand for nutritionally enhanced aquatic products. Amino acids, as the building blocks of protein, play a crucial role in animal nutrition by supporting the production, growth, and overall health maintenance of aquatic species. Similarly, feed acidifiers are projected to experience substantial growth in coming years, with their adoption driven by ease of application and high efficiency.
Geographically, Asia Pacific held a dominant market share in 2024 and is expected to maintain its leading position through the forecast period. This regional growth is primarily driven by a flourishing aquaculture industry supported by available cheap labor and abundant natural resources. Rising seafood consumption and trade, particularly in China, are further contributing to this growth. The European aquafeed market is also experiencing significant expansion, fueled by increasing seafood consumption across major economies.
The global aquafeed market report offers an in-depth analysis of the industry landscape, delivering strategic and executive-level insights backed by data-driven forecasts and analysis. This regularly updated report empowers decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics. It examines demand across various aquafeed types and additives, such as amino acids, vitamins & minerals, antibiotics, feed acidifiers, and others, while also exploring ingredient sources, feed types, and end-user segments. Additionally, the report investigates technological advancements, key government policies, regulations, and macroeconomic factors, providing a comprehensive view of the market.
Aquafeed Market Segmentation by additive:
The market is analyzed by additive into the following:
Aquafeed Market Segmentation by type
The report analyzes the market by type segment as below:
Aquafeed Market Segmentation by ingredient source:
The market is analyzed by ingredient source into the following:
Aquafeed Market Segmentation by feed type:
The market is analyzed by feed type into the following:
Aquafeed Market Segmentation by regions:
The study also analyzed the aquafeed market into the following regions, with country-level forecasts and analysis as below:
The global aquafeed market features key players such as Cargill, Inc., Archer Daniels Midland Company (ADM), Nutreco N.V., BioMar Group, Alltech, Inc., Ridley Corporation Limited, Skretting (a Nutreco company), Charoen Pokphand Foods PCL (CPF), and Purina Animal Nutrition (Land O’Lakes), among others.
This report provides extensive coverage as explained in the points below:
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The report provides a strategic outlook of the aquafeed market to the decision-makers, analysts, and other stakeholders in an easy-to-read format for taking informed decisions.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Aquafeed Market Size in 2025 | US$63.28 billion |
| Aquafeed Market Size in 2030 | US$82.18 billion |
| Growth Rate | CAGR of 5.37% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Aquafeed Market |
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| Customization Scope | Free report customization with purchase |