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Asia Pacific Aquafeed Market Report and Forecast 2025-2034
As per the analysis by Expert Market Research, the Asia Pacific aquafeed market attained a volume of 40.47 Million Tons in 2024. The industry is expected to grow at a CAGR of 10.70% during the forecast period of 2025 and 2034 to attain a volume of 111.84 Million Tons by 2034.
Aquafeed is described as the feed given to aquatic farmed animals as part of aquaculture. Fish require a balanced mix of essential nutrients like fatty acids, amino acids, and vitamins to thrive. Aquafeed refers to the combined meals made to feed various marine species by mixing different raw materials and additives. Aquafeed performs an essential role in providing aquatic species with support for normal growth and health. It also aids in reducing the effects of stress, improves disease tolerance power, and enhances immunity.
The Asia Pacific aquafeed market is driven by the rising consumption of seafood and a large population in the region. Seafood holds a major role in dietary habits and is one of the most demanding food items in numerous countries like Thailand, China, Indonesia, Vietnam, Malaysia, Japan, and South Korea. Also, the increasing consumer preference toward a protein-rich diet, coupled with factors such as changing lifestyle patterns and increasing disposable incomes, is expected to enhance the demand for seafood and is further anticipated to propel the market growth over the coming years.
Government initiatives to boost the production of certified sustainable seafood are likely to fuel the market growth in the forecast period. For instance, the Pradhan Mantri Matsya Sampada Yojana (PMMSY), launched by the Indian government, aims to enhance fish production.
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Headquarters: | Thailand |
Establishment: | 1978 |
Website: | https://www.cpfworldwide.com/ |
Charoen Pokphand Foods PCL. organises a fully integrated agro-industrial and food business for both terrestrial as well as aquatic animals. These include the major animal categories like pigs, broilers, layer chickens, and ducks, fishes, and shrimps. The company provides quality products as per production standards with environmentally friendly and socially responsible work processes.
Headquarters: | Denmark |
Establishment: | 1962 |
Website: | https://www.biomar.com/en/global/ |
BioMar is the market leader in high-performance diets for more than 80 countries and for over 45 distinct fish and shrimp species. Delivering healthy, delicious fish to clients is the company's main goal. They achieve this by developing effective, secure, and nutrient-rich aquaculture feed with little impact on the environment.
Headquarters: | Denmark |
Establishment: | 1963 |
Website: | https://www.aller-aqua.com/ |
Fish feed is produced by Aller Aqua for both freshwater and saltwater aquaculture. The business has been producing fish feed for more than 50 years, making it one of the most seasoned fish feed producers in the world and providing customers with some of the best goods available.
Headquarters: | Australia |
Establishment: | 1987 |
Website: | https://www.ridley.com.au/ |
Ridley Corporation Limited is Australia's leading supplier of high-performance animal nutrition products. The business has long been a vital component of Australian agriculture, forming enduring relationships with its suppliers, clients, and neighbourhood groups.
Headquarters: | United States |
Establishment: | 1865 |
Website: | https://www.cargill.com/ |
Cargill provides goods and services to customers worldwide in the areas of food, finance, agriculture, and industry. The company works with farmers, customers, governments, and communities to help them flourish by putting its ideas from years of experience to use. Utilising its primary expertise in applied fish nutrition, the organisation has vast experience providing feed for a range of other aquaculture species.
Headquarters: | Netherlands |
Establishment: | 1994 |
Website: | https://www.nutreco.com/en/ |
Nutreco is a prominent animal nutrition company proposing solutions that go beyond nutrition. The company offers excellent advice and technology to help consumers generate more feed in a sustainable way to feed rising populations.
Ketan Gandhi
Ketan Gandhi is a market intelligence professional specializing in energy, automotive, FMCG, and construction sectors. His expertise spans market and price trend analysis, import-export dynamics, and supply chain evaluation to support strategic sourcing decisions. Through syndicated and custom research, he delivers competitive benchmarking insights and regional market assessments, employing rigorous data triangulation of primary and secondary sources to ensure reliable, actionable intelligence for businesses navigating complex industry landscapes.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office) +
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia +
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India +
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines +
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom +
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam +
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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