Global Aquaculture Feed Market to Grow at a CAGR of 5.30% During 2026-2035, Aided by the Expansion of Aquaculture and an Increasing Consumer Awareness Regarding the Quality of Seafood Products

The growth of the aquaculture feed market has been propelled by the increased global consumption of seafood and a heightened awareness among consumers regarding the quality of seafood products. Additionally, the rise in per capita income, particularly in developing nations, is anticipated to sustain the growth of the aquaculture and aquafeed industry. However, in the long term, the escalation in raw material costs is expected to pose a constraint on the market growth, as a substantial portion of high-quality feed relies on fish meal and fish oil for preparation.

The market is experiencing heightened growth due to the increasing cultivation of aquatic animals worldwide. Furthermore, the growing demand for organic fish oil across various industry verticals, including pharmaceuticals, food and beverages (F&B), and nutraceuticals, is contributing to the favourable expansion of the market. The versatile applications of organic fish oil have enhanced its significance across diverse sectors.

In January 2022, Archer Daniels Midland Company (NYSE: ADM), a worldwide leader in human and animal nutrition, announced the inauguration of its Aquaculture Innovation Lab at the Animal Nutrition Technology Center (ANTC) in Decatur, Illinois. This facility marks ADM's expansion in terms of its research and development capabilities, in a new region, complementing existing aquaculture research facilities situated in Brazil, Mexico, and Vietnam.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by Species, Ingredients, Additives, Product Form, and Region:

• The market on the basis of species can be divided into carp, marine shrimps, tilapias, catfishes, marine fishes, salmons, freshwater (FW) crustaceans, trouts, and others.
• Based on ingredients, the market can be divided into soybean, corn, fish meal, fish oil, additives, and others.
• The market on the basis of additives can be divided into vitamins and minerals, antioxidants, feed enzymes, and others.
• Based on product form, the market can be divided into pellets, extruded, powdered, and liquid.
• The regional markets for aquaculture feed include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is expected to witness rapid growth due to the increasing prevalence of fish farming activities. Manufacturers are showing a growing inclination towards natural and organic feed products, marking a notable trend in the market.
• The growing shift to natural products is expected to propel the market for plant-based aquafeed in the coming years. These aquafeed products are produced through a combination of traditional and modern technology-driven processes, reflecting the sector’s commitment to adopting diverse and sustainable approaches in aquaculture.
• Additionally, the expanding global population has heightened the demand for seafood, and aquaculture emerges as a sustainable solution to meet this growing need. The depletion of wild fish stocks has led to the increased popularity of fish and shrimp farming. Aqua feed plays a pivotal role in ensuring the healthy growth and development of aquatic species in aquaculture, ultimately enhancing their output and reducing dependence on foraging wild fish. This emphasizes the significant role of aquafeed in supporting sustainable practices within the aquaculture market.

Key Offerings of the Report:

• The EMR report gives an overview of the global aquaculture feed market for the periods (2019-2025) and (2026-2035).
• The report also offers the historical (2019-2025) and forecast (2026-2035) markets for the species, ingredients, additives, product form, and region, of aquaculture feed.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, value chain analysis, price analysis, along with an assessment of the SWOT and Porter’s Five Forces models.

Top Players:

The major players in the aquaculture feed market include:

• Archer Daniels Midland Company
• Cargill, Incorporated
• Ridley Corporation Limited
• Nutreco N.V.
• Alltech
• Others

The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790