Shrimp Feed Market to Expand at CAGR of 5.7% Through 2025-2032 | Growel Feeds Pvt., DuPont, ADM, BioMar Group A/S, Cargill, Incorporated

The global shrimp feed market was US$ 7,258.38 million in 2024 and is expected to reach US$ 11,246.12 million in 2032 growing at a CAGR of 5.7% during the forecast period (2025-2032).

The Shrimp Feed market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The shrimp feed market is driven by the growing demand for shrimp in aquaculture, as well as the need for specialized, nutritionally balanced diets to ensure healthy growth and high yields. Shrimp feed is carefully formulated with proteins, fats, carbohydrates, vitamins, and minerals to meet the specific needs of shrimp, promoting better feed conversion, disease resistance, and overall productivity. With a focus on water stability to minimize nutrient loss and pollution, the industry is witnessing advancements in feed formulations using ingredients like fish meal, soybean meal, and wheat, alongside plant-based additives. These developments are helping to enhance sustainability and efficiency in shrimp farming.

Impact Factors:

➠ Growing Demand for High-Performance Shrimp Feed
➠ Shift from Fishmeal to Alternative Protein Sources
➠ High Cost and Supply Chain Variability of Cholesterol

Why there is a Shift from Fishmeal to Alternative Protein Sources?

✦ The shift from fishmeal to alternative protein sources in shrimp feed is driven by sustainability concerns and fluctuating fishmeal prices.

✦ Plant-based proteins, such as soy, wheat, and corn, are being used to replace fishmeal, offering environmental and cost benefits.

✦ A key challenge is that plant-based proteins lack sufficient cholesterol, essential for shrimp growth, leading to a growing demand for cholesterol supplementation in shrimp feed.

✦ Leading companies like Cargill, Skretting, and Royal DSM are developing feed formulations that combine plant-based proteins with cholesterol-rich additives to improve shrimp health and feed efficiency.

List of the Key Players in the Shrimp Feed Market:

Growel Feeds Pvt., DuPont, ADM, BioMar Group A/S, Cargill, Incorporated, Nutreco, Novozymes AS, Charoen Pokphand Foods PCL, Evonik Industries AG, Avanti Feeds Ltd.

Industry Development:

✦ In May 2023, CPM, which manufactures feed mills, pelleting equipment, and automation products, has acquired Taiwan-based IDAH the world's largest manufacturer of shrimp feed making machines.

✦ In April 2023, Innovad to acquire Swiss-based Herbonis and its affiliates. The acquisition aims to strengthen Innovad's portfolio of natural specialty feed ingredients and align with its strategy of expanding into primary ingredients.

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Segment Covered in the Shrimp Feed Market:

➠ By Type (Grower, Finisher, Starter)
➠ By Ingredient (Soybean Meal, Fish Meal, Wheat Flour, Fish Oil, Others)
➠ By Additive (Vitamins and Proteins, Fatty Acids, Antioxidants, Feed Enzymes, Antibiotics, Others)

Research Methodology:

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

This Report Covers:

✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Shrimp Feed Market:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Shrimp Feed market?
➠ Who are the global key manufacturers of the Shrimp Feed Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Shrimp Feed market opportunities and threats faced by the vendors in the global Shrimp Feed Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Shrimp Feed market?
➠ What are the different sales, marketing, and distribution channels in the global industry?

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