Aquafeed Market Size, Share, Opportunities, And Trends By Additive (Amino Acid, Vitamins & Minerals, Antibiotics & Antimicrobials, Feed Acidifiers & pH Regulators, Others), By Type (Fish, Mollusks, Crustaceans, Others), By Ingredient Source (Marine-Based, Plant-Based), By Feed Type (Extruded Pellets, Crumbles, Powdered Feed, Liquid Feed), And By Geography - Forecasts From 2025 To 2030

Aquafeed Market Size:

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.

Aquafeed Market Segmentation Analysis:

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 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.

Aquafeed Market Geographical Outlook:

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, is 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:

Aquafeed Market Segmentation by additive:

The market is analyzed by additive into the following:

• Amino Acid
• Vitamins & Minerals
• Antibiotics & Antimicrobials
• Feed Acidifiers & pH Regulators
• Others

Aquafeed Market Segmentation by type

The report analyzes the market by type segment as below:

• Fish
• Mollusks
• Crustaceans
• Others

Aquafeed Market Segmentation by ingredient source:

The market is analyzed by ingredient source into the following:

• Marine-Based
• Plant-Based

Aquafeed Market Segmentation by feed type:

The market is analyzed by feed type into the following:

• Extruded Pellets
• Crumbles
• Powdered Feed
• Liquid Feed

Aquafeed Market Segmentation by regions:

The study also analyzed the aquafeed market into the following regions, with country-level forecasts and analysis as below:

• North America (US, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain, and Others)
• Middle East and Africa (Saudi Arabia, UAE, and Others)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Aquafeed Market Competitive Landscape:

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.

Aquafeed Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Market size, forecasts, and trends by different additives, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Market size, forecasts, and trends by end-user segments, with historical revenue data and analysis across various segments.
• Market size, forecasts, and trends by ingredient source, with historical revenue data and analysis.
• Market size, forecasts, and trends by feed type, with historical revenue data and analysis of sales based on feed types.
• Aquafeed market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementing factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents a complete market scenario with the help of Porter’s Five Forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players, and recent major developments undertaken by the companies to gain a competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure the most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts, further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for the purchase?

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.

• The charts, tables, and figures make it easy for executives to gain valuable insights while skimming the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% FREE customization with all our reports helps cater to additional requirements with significant cost-savings.
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file.

Aquafeed Market Scope:

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	Additive Type Ingredient Source Feed Type
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Aquafeed Market	Cargill, Incorporated Nutreco N.V. Archer Daniels Midland Company (ADM) BioMar Group Alltech Inc.
Customization Scope	Free report customization with purchase

---

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. AQUAFEED MARKET BY ADDITIVE

5.1. Introduction

5.2. Amino Acid

5.3. Vitamins & Minerals

5.4. Antibiotics & Antimicrobials

5.5. Feed Acidifiers & pH Regulators

5.6. Others

6. AQUAFEED MARKET BY TYPE

6.1. Introduction

6.2. Fish

6.3. Mollusks

6.4.  Crustaceans

6.5.  Others

7. AQUAFEED MARKET BY INGREDIENT SOURCE

7.1. Introduction

7.2. Marine-Based

7.3. Plant-Based

8. AQUAFEED MARKET BY FEED TYPE

8.1. Introduction

8.2. Extruded Pellets

8.3. Crumble

8.4. Powdered Feed

8.5. Liquid Feed

9. AQUAFEED MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. India

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Indosneisa

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Cargill, Incorporated

11.2. Nutreco N.V.

11.3. Archer Daniels Midland Company (ADM)

11.4. BioMar Group

11.5. Alltech Inc.

11.6. Ridley Corporation Limited

11.7. Charoen Pokphand Foods PCL

11.8. Aller Aqua A/S

11.9. Skretting (a division of Nutreco)

11.10. Purina Animal Nutrition LLC (a subsidiary of Land O'Lakes)

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Cargill, Incorporated

Nutreco N.V.

Archer Daniels Midland Company (ADM)

BioMar Group

Alltech Inc.

Ridley Corporation Limited

Charoen Pokphand Foods PCL

Aller Aqua A/S

Skretting (a division of Nutreco)

Purina Animal Nutrition LLC (a subsidiary of Land O'Lakes)