With a focus on actionable insights and strategic value, The Business Research Company’s 2026 market reports include market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
How Large Could The Aquaculture Feed Market Become By 2030 At A 7.6% CAGR?
The aquaculture feed market has experienced significant growth in recent years. It is anticipated to expand from $66.17 billion in 2025 to $70.73 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 6.9%. This past growth can be ascribed to several factors, including the expansion of commercial aquaculture farming, a rise in global seafood consumption, an increasing reliance on formulated feed, the growth of intensive fish farming practices, and improved feed manufacturing technologies.
The aquaculture feed market is anticipated to experience robust expansion in the coming years. By 2030, its valuation is forecast to reach $94.87 billion, demonstrating a compound annual growth rate (CAGR) of 7.6%. This projected growth is driven by several factors, including a heightened emphasis on sustainable aquaculture methods, a surge in demand for feed components derived from plants and insects, the broadening application of precision feeding strategies, increased financial commitments to aquaculture nutrition studies, and the wider integration of digital systems for feed management. Key trends anticipated during this period encompass the growing acceptance of aquafeed recipes that are nutritionally complete, a greater utilization of protein sources beyond traditional ones, an increasing need for feeds tailored to specific species, the proliferation of highly efficient extruded feed products, and a stronger emphasis on how well feed is digested and converted into biomass.
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Aquaculture Feed Market Outlook: Key Driver Supporting Long-Term Growth
The anticipated rise in aquaculture output is projected to boost the expansion of the aquaculture feed market in the coming period. Aquaculture involves raising aquatic life forms, including fish, crustaceans, mollusks, algae, and other valuable organisms, within regulated or partially natural settings. Aquaculture feed is vital for aquaculture production, delivering essential nutrients to cultivated aquatic species like fish, crustaceans, and mollusks, thereby fostering their growth and maturation. For instance, the Department of Agriculture, Fisheries, and Forestry (DAFF), an Australia-based government entity, reported in March 2024 that aquaculture production is predicted to increase by 0.5% to $3.56 billion in 2023−24, with the overall production volume projected to hit 296,000 metric tons by 2024–25, representing a 1% increase compared to 2022–23. Consequently, the expansion of aquaculture production is fueling the growth of the aquaculture feed market.
Segmentation Of The Aquaculture Feed Market: Key Categories Explained
The aquaculture feed market covered in this report is segmented –
1) By Product Type: Pellets, Extruded, Powdered, Liquid
2) By Ingredient Type: Soybean, Corn, Fishmeal, Fish Oil, Additives, Other Ingredients
3) By Species Type: Carp, Marine Shrimps, Tilapias, Catfishes, Marine Fishes, Salmons, Freshwater (FW) Crustaceans, Trouts, Other Species
4) By End User: Commercial, Household
Subsegments:
1) By Pellets: Floating Pellets, Sinking Pellets
2) By Extruded: High-Energy Extruded Feed, Low-Energy Extruded Feed
3) By Powdered: Fine Powder, Coarse Powder
4) By Liquid: Nutrient Solutions, Flavor Enhancers
Aquaculture Feed Market Evolving Trends: What Businesses Should Know
Leading companies in the aquaculture feed market are engaging in strategic partnerships to develop new lines of feed products, aiming to secure a competitive advantage. Such collaborations involve alliances among feed manufacturers, industry specialists, research institutions, and other stakeholders, all working to enhance the development, production, and distribution of aquaculture feeds. For instance, in May 2023, Aller Aqua, a Denmark-based producer of fish feed, partnered with VDS NV, a Belgium-based producer of animal feed specialties, to launch a range of feed products specifically designed for use in shrimp RAS (Recirculating Aquaculture System) farms. These land-based systems facilitate the production of high-quality, fresh shrimp products with reduced market distances. The new feed products ensure rapid availability and deliver high performance. This initiative has the potential to increase the productivity and profitability of shrimp farming operations.
Who Competes In The Aquaculture Feed Market? Major Companies Listed
Major companies operating in the aquaculture feed market are Alltech Inc., Land O’Lakes Inc., Nutreco N.V., Charoen Pokphand Foods PCL, Avanti Feeds Limited, Ocean Star International Inc., Ridley Corporation Limited, Guangdong Haid Group Co. Ltd., Tongwei Group Co. Ltd., Betagro Group, De Heus Vietnam LLC, Schouw & Co. AS, BioMar A/S, Cargill Inc., Coppens International BV, Hanpel Tech Co. Ltd., Inve Aquaculture Inc., Nutriad International NV, Biomin, Bluestar Adisseo, Wilbur-Ellis Nutrition LLC, New Hope Group, Grobest Holdings Limited, NovoNutrients, EniferBio, Archer Daniels Midland Company, Norel Animal Nutrition, Zeigler Bros Inc.
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Aquaculture Feed Market Regional Ranking: Which Geography Comes First?
Asia-Pacific was the largest region in the Aquaculture feed market in 2025. The regions covered in the aquaculture feed market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
