Shrimp Feed Market Analysis: Rising Demand and Key Opportunities - Leading Companies are Growel Feeds Pvt., DuPont, ADM.

Shrimp Feed Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

Shrimp Feed Market reached US$ 7,258.38 million in 2024 and is expected to reach US$ 11,246.12 million by 2032 growing with a CAGR of 5.7% during the forecast period 2025-2032.

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Rising Global Shrimp Consumption Fuels Shrimp Feed Market Growth
Shrimp remains one of the most widely consumed seafood products worldwide, with demand steadily increasing. According to the Food and Agriculture Organization (FAO), the global shrimp and prawn trade is valued at approximately USD 28 billion annually, largely driven by farm-raised Penaeus vannamei from Asia and Latin America, particularly Ecuador.

As shrimp has evolved into a globally traded commodity, international demand has surged. Key consumer markets such as the United States, China, Japan, and several European countries significantly contribute to this growing appetite. The rising consumption of shrimp across these regions is a major factor accelerating the demand for high-quality shrimp feed.

Expanding Shrimp Aquaculture Industry Boosts Shrimp Feed Demand
To meet rising seafood demand, aquaculture especially shrimp farming has expanded rapidly. Shrimp aquaculture is a vital segment of this industry. According to IntraFish, global shrimp production is projected to grow by 4%, reaching 5.6 million metric tons, following an 11.5% increase in 2021.

Many countries have scaled up shrimp farming operations, both in area and production output. A study published in Frontiers revealed that aquaculture areas expanded over 1,100% in just 28 years, with more than 114,683 hectares of various ecosystems converted into shrimp ponds by 2021. This rapid expansion of shrimp farms directly increases the demand for shrimp feed, making it a critical component of the aquaculture value chain.

Shrimp Feed Market Recent Development:

In May 2023, CPM a global leader in feed mills, pelleting equipment, and automation systems acquired Taiwan-based IDAH, the world's largest manufacturer of shrimp feed production machinery.

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, and Avanti Feeds Ltd.

Assessing the Effects of U.S. Tariffs on the Shrimp Feed Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Shrimp Feed Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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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.

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)



People Also Ask:

Most Frequently Asked Questions in the Shrimp Feed Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Shrimp Feed market?

➠ Who are the top manufacturers in the global Shrimp Feed industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Shrimp Feed market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Shrimp Feed market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Shrimp Feed industry landscape?

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