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Market Trends

Global Shrimp Feed Market Size, Share, Analysis, Growth: By Type: Grower, Finisher, Starter; By Ingredients: Soybean Meal, Fish Meal, Wheat Flour, Fish Oil, Others; By Additives: Vitamins and Proteins, Fatty Acids, Antioxidants, Feed Enzymes, Antibiotics, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Shrimp Feed Market Trends

Shrimp feed is crucial for efficient shrimp production and is made up of high-quality essential amino acids, vitamins, and minerals important for optimal shrimp performance and palatability. Owing to the rising need for affordable feed compared to traditional fish meals, farmers have turned towards efficient alternatives such as soybean meals.

 

Furthermore, the growth of the organic shrimp farming market to mitigate the impact of traditional shrimp farming is increasing the application of organic feed produced from natural ingredients and free from chemicals. Since these feeds are free of preservatives, it is anticipated to compel producers to invest in production facilities close to the farms to maintain the feed’s freshness.

 

Shrimp Feed Market Report Snapshots

Shrimp Feed Market Size

Shrimp Feed Market Trends

Shrimp Feed Companies

Shrimp Feed Market Regional Analysis

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Shrimp Feed Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Shrimp Feed Historical Market (2018-2023) 
    8.3    Global Shrimp Feed Market Forecast (2024-2032)
    8.4    Global Shrimp Feed Market by Type
        8.4.1    Grower
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Finisher
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Starter 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
    8.5    Global Shrimp Feed Market by Ingredients
        8.5.1    Soybean Meal
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Fish Meal
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Wheat Flour
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
        8.5.4    Fish Oil
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2023)
            8.5.4.3    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Shrimp Feed Market by Additives
        8.6.1    Vitamins and Proteins
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Fatty Acids
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Antioxidants
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Feed Enzymes
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Antibiotics
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
        8.6.6    Others
    8.7    Global Shrimp Feed Market by Region
        8.7.1    Market Share
            8.7.1.1    Asia Pacific
            8.7.1.2    Latin America
            8.7.1.3    Rest of the world
9    Regional Analysis
    9.1    Asia Pacific
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    China 
            9.1.3.2    India
            9.3.3.3    Indonesia
            9.3.3.4    Thailand
            9.3.3.5    Vietnam
            9.3.3.6    Others
    9.2    Latin America
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    Brazil
            9.2.3.2    Mexico
            9.2.3.3    Ecuador
            9.2.3.4    Others
    9.3    Rest of the World
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    United States of America
            9.3.3.2    Saudi Arabia
            9.3.3.3    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.2    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.3    Rest of the World Historical Price Trends (2018-2023) and Forecast (2024-2032)
13    Manufacturing Process
    13.1     Detailed Process Flow
    13.2     Operations Involved
    13.3     Mass Balance
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Company Profiles
        14.3.1    Cargill, Incorporated
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Financial Summary
            14.3.1.5    Certifications
        14.3.2    Charoen Pokphand Foods Public Company Limited
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Financial Summary
            14.3.2.5    Certifications
        14.3.3    Nutreco N.V. 
            14.3.3.1    Company Overview
            14.3.3.2    Product Portfolio
            14.3.3.3    Demographic Reach and Achievements
            14.3.3.4    Financial Summary
            14.3.3.5    Certifications
        14.3.4    BioMar Group
            14.3.4.1    Company Overview
            14.3.4.2    Product Portfolio
            14.3.4.3    Demographic Reach and Achievements
            14.3.4.4    Financial Summary
            14.3.4.5    Certifications
        14.3.5    Others
15    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Shrimp Feed Market: Key Industry Highlights, 2018 and 2032
2.    Global Shrimp Feed Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Shrimp Feed Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Shrimp Feed Historical Market: Breakup by Ingredients (USD Billion), 2018-2023
5.    Global Shrimp Feed Market Forecast: Breakup by Ingredients (USD Billion), 2024-2032
6.    Global Shrimp Feed Historical Market: Breakup by Additives (USD Billion), 2018-2023
7.    Global Shrimp Feed Market Forecast: Breakup by Additives (USD Billion), 2024-2032
8.    Global Shrimp Feed Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Shrimp Feed Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    Asia Pacific Shrimp Feed Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Shrimp Feed Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Shrimp Feed Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Shrimp Feed Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Rest of the World Shrimp Feed Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Rest of the World Shrimp Feed Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Historical Price Trends and Forecast 2018-2032
17.    Latin America Historical Price Trends and Forecast 2018-2032
18.    Rest of the World Historical Price Trends and Forecast 2018-2032
19.    Global Shrimp Feed Market Structure

Key Questions Answered in the Report

In 2023, the market value was nearly USD 9.93 billion.

The market is assessed to grow at a CAGR of 5.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 16.16 billion by 2032.

The major drivers include the increasing development of innovative shrimp feed ingredients and surging investments in shrimp farming.

The key trends aiding the market include rising demand for seafood for its high protein content and escalating demand for organic shrimp feed.

The different types of shrimp feed include grower, finisher, and starter.

The major ingredients of shrimp feed include soybean meal, fish meal, wheat flour, and fish oil, among others.

The major players in the market include Cargill, Incorporated, Charoen Pokphand Foods Public Company Limited, Nutreco N.V. and BioMar Group, among others.

Analyst Review

The global shrimp feed market reached a value of USD 9.93 billion in 2023, driven by the changing dietary patterns. It is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.5%. The industry is projected to be driven by the rising health awareness amongst consumers and is expected to reach USD 16.16 Billion by 2032.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the industry can be divided into grower, finisher, and starter, with grower shrimp feed accounting for a significant share of the industry. On the basis of ingredients, soybean meal sector accounts for the largest share in the industry. Based on the additives, the industry is divided into vitamins and proteins, fatty acids, antibiotics, antioxidants, feed enzymes and others. The major players in the market include Cargill, Incorporated, Charoen Pokphand Foods Public Company Limited, Nutreco N.V. and BioMar Group, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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