Aquafeed Market to Grow with a CAGR of 7.50% through 2030

Advancements in aquafeed manufacturing processes and increasing demand for fish oil in human diets is expected to drive the Global Aquafeed Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Aquafeed Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Aquafeed Market stood at USD 68.26 Billion in 2024 and is anticipated to grow with a CAGR of 7.50% in the forecast period through 2030. The global aquafeed market is propelled by several key factors. The surging demand for seafood around the world, mainly due to its health benefits and changing dietary preferences, significantly drives the need for aquafeed.

Advances in aquaculture technology and feed ingredients have led to the production of more effective and nutrient-rich aquafeed, further fueling the market growth. Government initiatives to promote aquaculture in various regions also contribute to market expansion. However, the market faces challenges such as the increasing cost of raw materials and environmental concerns associated with aquaculture.

 The global aquafeed market is experiencing remarkable growth due to multiple factors. the increasing consumption of fish worldwide is driving the demand for aquafeed. As the population continues to grow, so does the need for sustainable and efficient methods of fish production. This surge in demand has led to the development of innovative aquafeed solutions that not only meet the nutritional needs of aquatic species but also promote their overall health and well-being. Advancements in aquafeed manufacturing processes have played a significant role in the market's growth. The industry has witnessed the emergence of cutting-edge technologies and techniques that enable the production of high-quality feeds. These feeds are formulated to provide optimal nutrition to different species, ensuring their rapid growth and enhanced resistance to diseases. Moreover, these advancements have also contributed to the overall sustainability of aquaculture farming by reducing waste and minimizing the environmental impact of fish production.

Furthermore, the market encompasses a wide range of aquafeed products tailored to the specific nutritional requirements of various species. From fish feed to mollusk feed, crustacean feed, and others, aquaculture farmers have a plethora of options to choose from. This diversity allows them to select the most suitable feed for their aquatic animals, ensuring their well-being and maximizing their growth potential.

Moreover, ongoing research and development activities in the aquafeed industry are focused on further enhancing feed quality and efficiency. Scientists and experts are continuously exploring new ingredients, processing techniques, and feed formulations to optimize the nutritional value of aquafeed. These efforts aim to meet the evolving demands of the market and ensure the continued growth and sustainability of the aquafeed industry. With these factors in play, the aquafeed market is expected to maintain its upward trajectory in the coming years. The increasing awareness about the importance of sustainable and responsible fish farming, coupled with the ever-growing global demand for seafood, will continue to drive the growth of the aquafeed industry. As aquaculture continues to play a crucial role in meeting the world's protein needs, the development and adoption of high-quality aquafeed will remain vital for the industry's success.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Aquafeed Market.”

Global Aquafeed Market is segmented into ingredients, additives, species, form, lifecycle, regional distribution, and company.

Based on additives, vitamins and minerals category shows the fastest growth over the forecast period. The rapid growth of the additive vitamins and minerals segment in the Aquafeed Market is also driven by the need for optimizing the health and productivity of aquatic species, such as fish, shrimp, and other marine organisms. These additives help prevent nutritional deficiencies, support disease resistance, and enhance growth rates, which are critical factors for ensuring sustainable aquaculture practices. As global demand for seafood continues to rise, aquaculture farmers are increasingly turning to fortified feeds to improve yield quality and efficiency. Essential vitamins like A, D, and E, as well as minerals such as calcium, phosphorus, and trace elements, are being added to aquafeeds to meet the specific nutritional needs of various aquatic species at different life stages.

Additionally, governments and industry stakeholders are focusing on sustainable practices in aquaculture to meet the growing global seafood demand, further boosting the demand for high-quality, nutrient-rich feeds. The growing focus on the environmental and economic sustainability of aquaculture is prompting the adoption of fortified feeds, making the vitamins and minerals segment one of the fastest-growing in the market.

Based on region, North America is experiencing significant growth in the Aquafeed Market, driven by the increasing demand for sustainable and high-quality seafood production. As consumer preferences shift towards more nutritious and responsibly sourced seafood, aquaculture operations in North America are adopting advanced feeding technologies and nutrition strategies, including fortified aquafeeds with essential vitamins and minerals. Additionally, there is a growing focus on improving the efficiency of aquaculture production to meet the rising demand for seafood, which further supports the market's expansion. Government initiatives and regulations promoting sustainable aquaculture practices are also contributing to the market's growth in North America. As a result, the region is witnessing an increasing adoption of aquafeed solutions designed to optimize the health, growth, and productivity of aquatic species. This, in turn, is expected to drive continued growth in the North American aquafeed market in the coming years.

Major companies operating in Global Aquafeed Market are:

• Archer Daniels Midland Company
• Ridley Corporation Limited
• DE Heus Animal Nutrition B.V.
• Biostadt India Limited
• NK Ingredients Pte Ltd.
• Marubeni Nisshin Feed Co., Ltd.
• Cargill, Inc
• Nutreco N.V
• Avanti Feeds Ltd
• Charoen Pokphand Foods Public Company Limited

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“The future of the Global Aquafeed Market appears to be highly promising, driven by the ever-increasing demand for seafood products and the remarkable growth of the aquaculture sector on a global scale. Industry experts predict that the market will experience significant growth, primarily due to advancements in feed formulation techniques and the adoption of sustainable farming practices. These developments are expected to not only enhance the nutritional value of aquafeed but also contribute to the overall market expansion. Considering the rising global population and the growing preference for protein-rich diets, the demand for aquafeed is anticipated to skyrocket in the coming years. This surge in demand is expected to create a highly favorable and optimistic outlook for the aquafeed market, opening up new avenues for growth and innovation in the industry. With the combination of cutting-edge technologies, sustainable practices, and an increasing focus on meeting the nutritional needs of consumers, the Global Aquafeed Market is poised for remarkable advancements and success in the near future”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Aquafeed Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, Others), By Additives (Amino Acids, Vitamins & Minerals, Prebiotics & Probiotics, Enzymes, Antibiotics, Other), By Species (Fish, Crustaceans, Molluscs, Other), By Form (Dry Form, Wet Form, Moist Form), By Lifecycle (Grower feed, Finisher feed, Starter feed, Brooder feed), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Aquafeed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Aquafeed Market.

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