Press release
Shrimp Feed Market Size, Trends & Forecast 2025-2032 | Top Major Keyplayers - Growel Feeds Pvt., DuPont, ADM, BioMar Group A/S, Cargill
Global 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.Shrimp Feed Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Shrimp feed is a nutritionally balanced diet formulated to support the growth, health, and productivity of farmed shrimp. It typically contains proteins, fats, vitamins, minerals, and other additives to enhance digestion and immunity. Available in pellet or crumble forms, shrimp feed is designed to meet the specific needs of different shrimp species and life stages, playing a crucial role in the success and sustainability of aquaculture operations.
Major players in the Shrimp Feed market
The prominent players in Shrimp Feed market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Shrimp Feed Market Key Development
→ In May 2023, CPM acquired Taiwan-based IDAH, the world's largest shrimp feed machine manufacturer, to expand its feed mill and pelleting equipment portfolio.
→ In April 2023, Innovad announced the acquisition of Swiss-based Herbonis and its affiliates to enhance its range of natural specialty feed ingredients and support its strategic expansion into primary ingredients.
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Shrimp Feed Market Segments
By Type: Grower, Finisher, Starter
By Ingredient: Soybean Meal, Fish Meal, Wheat Flour, Fish Oil, Others
By Additives: Vitamins and Proteins, Fatty Acids, Antioxidants, Feed Enzymes, Antibiotics, Others
The Shrimp Feed industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Shrimp Feed Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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).
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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