Rising Seafood Consumption Fuels The Aquafeed Market Growth: A Key Driver Powering Aquafeed Market Growth In 2025

The Aquafeed Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Aquafeed Market Size and Its Estimated Growth Rate?
There has been notable growth in the aquafeed market in the past few years. The size of the market is expected to increase from $99.02 billion in 2024 to $107.69 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. Factors such as the development of aquaculture, rise in seafood consumption, heightened knowledge of health advantages, global protein necessity, and sustainable methods in aquaculture have contributed to the historical period growth.

In the coming years, the aquafeed market is predicted to experience robust growth, expanding to $151.03 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. This growth trend during the forecasted period can be credited to factors such as intensifying aquaculture, an increasing middle-class demographic, prevention of diseases in aquaculture, adaptation to climate change, as well as quality and safety control. The forecast period also expects to see key trends such as the implementation of precision feeding technologies, specialized custom feeds for aquaculture, traceability via blockchain, biofortified feeds, and the assimilation of digital technologies.

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How Are Emerging Segments Shaping the Aquafeed Market Landscape?
The aquafeed market covered in this report is segmented -

1) By Additives: Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders
2) By Form: Dry Form, Wet Form, Moist Form
3) By Distribution Channel: Direct Sales, Indirect Sales, Hyper market/super market, Wholesalers, Online, Other Distribution Channel

Subsegments:
1) By Vitamins: Water-Soluble Vitamins, Fat-Soluble Vitamins
2) By Antioxidants: Synthetic Antioxidants, Natural Antioxidants
3) By Amino Acids: Essential Amino Acids, Non-Essential Amino Acids
4) By Enzymes: Proteases, Lipases, Amylases, Cellulases
5) By Acidifiers: Organic Acids, Inorganic Acids
6) By Binders: Natural Binders, Synthetic Binders

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Which Growth Factors Are Influencing Aquafeed Market Expansion?
The surge in seafood intake is anticipated to spur the expansion of the aquafeed market. The role of aquaculture production is increasingly significant in meeting the demand for fishery products fit for human consumption. A study by the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) projects that human fish consumption will surge by 180 Mt by 2029. The escalating demand for seafood and fishery items is predicted to amplify the need for top-quality aquafeed to ensure product quality for consumers. Consequently, the rising seafood consumption is propelling the aquafeed market's growth.

Who Are the Dominant Players Across Different Aquafeed Market Segments?
Major companies operating in the aquafeed market include Cargill Incorporated, Archer Daniels Midland Company, Marubeni Nisshin Feed Co. Ltd., Evonik Industries AG, Charoen Pokphand Foods Public Company Limited, Royal De Heus B.V., Nutreco N.V., ForFarmers N.V., PT Japfa Comfeed Indonesia Tbk, BioMar A/S, Adisseo, Alltech Inc., Ridley Corporation Limited, Skretting USA, Wilbur-Ellis Nutrition LLC, Purina Animal Nutrition LLC, Aller Aqua A/S, Biomin GmbH, Biostadt India Limited, Growel Feeds Private Limited, Norel Animal Nutrition, Sonac B.V., Coppens International B.V., EnviroFlight LLC, Beneo GmbH, Nutriad International NV, Dibaq Aquaculture S.L., Melick Aquafeed, Rangen Inc.

What Are the Latest Developing Trends in the Aquafeed Market?
A key trend gaining traction in the aquafeed market is the progression of technology. The companies in this market are concentrating on the creation of innovative products that offer superior nutrition and enhanced food conversion. In September 2022, Secma Cabon Solution Vide, an equipment design and construction company based in France, introduced MultyWays, a distinct aquafeed delivery system. The firm's patented inventions include The CleanPipe system, DosAir and Multiway valves, and their interaction increases productivity and profit margins. Besides boosting yield and facilitating more regular daily feedings, MultyWays offers farmers more flexibility, allowing them to focus on other responsibilities. It also decreases labor expenses, reduces the need for manual labor, and mitigates accidents resulting from repetitive feeding activities.

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Which Geographic Regions Are Expected to Dominate the Aquafeed Market in the Coming Years?
Asia-Pacific was the largest region in the aquafeeds market in 2024. North America is expected to have the highest CAGR in aquafeeds market. The regions covered in the aquafeed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aquafeed Market?
2. What is the CAGR expected in the Aquafeed Market?
3. What Are the Key Innovations Transforming the Aquafeed Industry?
4. Which Region Is Leading the Aquafeed Market?

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