Aqua Feed Market Size to Reach US$ 60.61 Billion at 6.5% CAGR by 2031 | Nutreco, Guangdong Haid Group, Tongwei Group, Cargill

Los Angeles, United States - QY Research has unveiled its latest study titled "Global Aqua Feed Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global Aqua Feed market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. the research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for Aqua Feed was estimated to be worth US$ 38.84 billion in 2024 and is forecast to a readjusted size of US$ 60.61 billion by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.

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Aqua Feed is special collocation food for aquatic animals considering essential nutrients and ingredients. Aquafeed pellet is made of amount of ingredients in various proportion that are pelleted or extruded to the compound diet, which have good shapes, full gelatinization and high level of protein. The nutrient components in fish feed mainly consists of protein, starch (sinking aquafeed consists more than 10% and floating aquafeed consists more than 20%), crude fat, raw fiber, crude ash, vitamin and minerals. Protein provides energy and builds muscles. Vitamins and minerals can enhance natural resistance and feed conversion rate. Starch has great gelatinization under high temperature and high humidity conditions. It can improve the stability of aquafeeds and extrusion density of extruded aquafeeds.

Global Aqua Feed key players include Nutreco, Guangdong Haid Group, Tongwei Group, Cargill, etc. Global top four manufacturers hold a share over 20%. Asia-Pacific is the largest market, with a share over 70%, followed by Europe, and South America, both have a share about 20 percent. In terms of product,Extruded Feed is the largest segment, with a share over 73%. And in terms of application, the largest application is Fish Feed, followed by Shrimp Feed, Crab Feed, etc.

Competitive Landscape: -

Nutreco
Haid Group
Tongwei Group
BioMar
Cargill
CP Group
Evergreen Feed
New Hope Group
Grobest
Yuehai Feed
Ridley
Alpha Feed
Dibaq Aquaculture
DBN
Uni-President Vietnam
Aller Aqua
GreenFeed
Proconco
Avanti Feeds
Gold Coin
Vitapro
Tianma Tech

Market Drivers -

The aqua feed market is primarily driven by the rapid growth of global aquaculture, fueled by increasing demand for fish and other seafood products. As populations grow and dietary preferences shift towards more sustainable protein sources, aquaculture is seen as a viable solution to meet this demand. Aqua feed plays a crucial role in supporting the healthy growth of aquatic animals by providing essential nutrients. The growing focus on enhancing feed efficiency, improving sustainability, and reducing environmental impact also drives innovation in feed formulations, leading to the development of high-quality, specialized feeds that cater to the needs of various aquatic species. Additionally, the rise of fish farming in developing regions, particularly in Asia-Pacific, further supports market expansion.

However, the aqua feed market faces several challenges, including the rising cost of raw materials such as fishmeal, which is a key ingredient in many aqua feeds. This has led to a push for alternative protein sources, such as plant-based proteins and insect meal, but these alternatives face challenges in terms of availability, cost-effectiveness, and acceptance by farmers. Another challenge is the environmental concerns associated with aquaculture, including waste management and overfishing of wild fish stocks for fishmeal production. Furthermore, regulatory issues related to the safety and quality of aqua feed products can pose obstacles to market growth. The need for more sustainable and environmentally friendly feed solutions remains a key challenge for the industry.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of Aqua Feed Market Segmentation -

The report offers great insights into important segments of the global Aqua Feed market while concentrating on their CAGR, market size, market share, and future growth potential. The global Aqua Feed market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Aqua Feed market.

Segmentation By Type :-

Extruded
Pelletized
Other

Segmentation By Application -

Fish Feed
Shrimp and Crab Feed
Others

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Aqua Feed Market Report Objectives -

(1) Analyzing the size of the global Aqua Feed market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Aqua Feed market

(3) Exploring key dynamics of the global Aqua Feed market

(4) Highlighting important trends of the global Aqua Feed market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global Aqua Feed market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global Aqua Feed market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Aqua Feed market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Aqua Feed market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Aqua Feed Product Introduction
1.2 Global Aqua Feed Market Size Forecast
1.2.1 Global Aqua Feed Sales Value (2020-2031)
1.2.2 Global Aqua Feed Sales Volume (2020-2031)
1.2.3 Global Aqua Feed Sales Price (2020-2031)
1.3 Aqua Feed Market Trends & Drivers
1.3.1 Aqua Feed Industry Trends
1.3.2 Aqua Feed Market Drivers & Opportunity
1.3.3 Aqua Feed Market Challenges
1.3.4 Aqua Feed Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Aqua Feed Players Revenue Ranking (2024)
2.2 Global Aqua Feed Revenue by Company (2020-2025)
2.3 Global Aqua Feed Players Sales Volume Ranking (2024)
2.4 Global Aqua Feed Sales Volume by Company Players (2020-2025)
2.5 Global Aqua Feed Average Price by Company (2020-2025)
2.6 Key Manufacturers Aqua Feed Manufacturing Base and Headquarters
2.7 Key Manufacturers Aqua Feed Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Aqua Feed
2.9 Aqua Feed Market Competitive Analysis
2.9.1 Aqua Feed Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Aqua Feed Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Aqua Feed as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Extruded
3.1.2 Pelletized
3.1.3 Other
3.2 Global Aqua Feed Sales Value by Type
3.2.1 Global Aqua Feed Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Aqua Feed Sales Value, by Type (2020-2031)
3.2.3 Global Aqua Feed Sales Value, by Type (%) (2020-2031)
3.3 Global Aqua Feed Sales Volume by Type
3.3.1 Global Aqua Feed Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Aqua Feed Sales Volume, by Type (2020-2031)
3.3.3 Global Aqua Feed Sales Volume, by Type (%) (2020-2031)
3.4 Global Aqua Feed Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Fish Feed
4.1.2 Shrimp and Crab Feed
4.1.3 Others
4.2 Global Aqua Feed Sales Value by Application
4.2.1 Global Aqua Feed Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Aqua Feed Sales Value, by Application (2020-2031)
4.2.3 Global Aqua Feed Sales Value, by Application (%) (2020-2031)
4.3 Global Aqua Feed Sales Volume by Application
4.3.1 Global Aqua Feed Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Aqua Feed Sales Volume, by Application (2020-2031)
4.3.3 Global Aqua Feed Sales Volume, by Application (%) (2020-2031)
4.4 Global Aqua Feed Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Aqua Feed Sales Value by Region
5.1.1 Global Aqua Feed Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Aqua Feed Sales Value by Region (2020-2025)
5.1.3 Global Aqua Feed Sales Value by Region (2026-2031)
5.1.4 Global Aqua Feed Sales Value by Region (%), (2020-2031)
5.2 Global Aqua Feed Sales Volume by Region
5.2.1 Global Aqua Feed Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Aqua Feed Sales Volume by Region (2020-2025)
5.2.3 Global Aqua Feed Sales Volume by Region (2026-2031)
5.2.4 Global Aqua Feed Sales Volume by Region (%), (2020-2031)
5.3 Global Aqua Feed Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Aqua Feed Sales Value, 2020-2031
5.4.2 North America Aqua Feed Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Aqua Feed Sales Value, 2020-2031
5.5.2 Europe Aqua Feed Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Aqua Feed Sales Value, 2020-2031
5.6.2 Asia Pacific Aqua Feed Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Aqua Feed Sales Value, 2020-2031
5.7.2 South America Aqua Feed Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Aqua Feed Sales Value, 2020-2031
5.8.2 Middle East & Africa Aqua Feed Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Aqua Feed Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Aqua Feed Sales Value and Sales Volume
6.2.1 Key Countries/Regions Aqua Feed Sales Value, 2020-2031
6.2.2 Key Countries/Regions Aqua Feed Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Aqua Feed Sales Value, 2020-2031
6.3.2 United States Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Aqua Feed Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Aqua Feed Sales Value, 2020-2031
6.4.2 Europe Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Aqua Feed Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Aqua Feed Sales Value, 2020-2031
6.5.2 China Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.5.3 China Aqua Feed Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Aqua Feed Sales Value, 2020-2031
6.6.2 Japan Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Aqua Feed Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Aqua Feed Sales Value, 2020-2031
6.7.2 South Korea Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Aqua Feed Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Aqua Feed Sales Value, 2020-2031
6.8.2 Southeast Asia Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Aqua Feed Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Aqua Feed Sales Value, 2020-2031
6.9.2 India Aqua Feed Sales Value by Type (%), 2024 VS 2031
6.9.3 India Aqua Feed Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Nutreco
7.1.1 Nutreco Company Information
7.1.2 Nutreco Introduction and Business Overview
7.1.3 Nutreco Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Nutreco Aqua Feed Product Offerings
7.1.5 Nutreco Recent Development
7.2 Haid Group
7.2.1 Haid Group Company Information
7.2.2 Haid Group Introduction and Business Overview
7.2.3 Haid Group Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Haid Group Aqua Feed Product Offerings
7.2.5 Haid Group Recent Development
7.3 Tongwei Group
7.3.1 Tongwei Group Company Information
7.3.2 Tongwei Group Introduction and Business Overview
7.3.3 Tongwei Group Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Tongwei Group Aqua Feed Product Offerings
7.3.5 Tongwei Group Recent Development
7.4 BioMar
7.4.1 BioMar Company Information
7.4.2 BioMar Introduction and Business Overview
7.4.3 BioMar Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 BioMar Aqua Feed Product Offerings
7.4.5 BioMar Recent Development
7.5 Cargill
7.5.1 Cargill Company Information
7.5.2 Cargill Introduction and Business Overview
7.5.3 Cargill Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Cargill Aqua Feed Product Offerings
7.5.5 Cargill Recent Development
7.6 CP Group
7.6.1 CP Group Company Information
7.6.2 CP Group Introduction and Business Overview
7.6.3 CP Group Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 CP Group Aqua Feed Product Offerings
7.6.5 CP Group Recent Development
7.7 Evergreen Feed
7.7.1 Evergreen Feed Company Information
7.7.2 Evergreen Feed Introduction and Business Overview
7.7.3 Evergreen Feed Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Evergreen Feed Aqua Feed Product Offerings
7.7.5 Evergreen Feed Recent Development
7.8 New Hope Group
7.8.1 New Hope Group Company Information
7.8.2 New Hope Group Introduction and Business Overview
7.8.3 New Hope Group Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 New Hope Group Aqua Feed Product Offerings
7.8.5 New Hope Group Recent Development
7.9 Grobest
7.9.1 Grobest Company Information
7.9.2 Grobest Introduction and Business Overview
7.9.3 Grobest Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Grobest Aqua Feed Product Offerings
7.9.5 Grobest Recent Development
7.10 Yuehai Feed
7.10.1 Yuehai Feed Company Information
7.10.2 Yuehai Feed Introduction and Business Overview
7.10.3 Yuehai Feed Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Yuehai Feed Aqua Feed Product Offerings
7.10.5 Yuehai Feed Recent Development
7.11 Ridley
7.11.1 Ridley Company Information
7.11.2 Ridley Introduction and Business Overview
7.11.3 Ridley Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Ridley Aqua Feed Product Offerings
7.11.5 Ridley Recent Development
7.12 Alpha Feed
7.12.1 Alpha Feed Company Information
7.12.2 Alpha Feed Introduction and Business Overview
7.12.3 Alpha Feed Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Alpha Feed Aqua Feed Product Offerings
7.12.5 Alpha Feed Recent Development
7.13 Dibaq Aquaculture
7.13.1 Dibaq Aquaculture Company Information
7.13.2 Dibaq Aquaculture Introduction and Business Overview
7.13.3 Dibaq Aquaculture Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Dibaq Aquaculture Aqua Feed Product Offerings
7.13.5 Dibaq Aquaculture Recent Development
7.14 DBN
7.14.1 DBN Company Information
7.14.2 DBN Introduction and Business Overview
7.14.3 DBN Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 DBN Aqua Feed Product Offerings
7.14.5 DBN Recent Development
7.15 Uni-President Vietnam
7.15.1 Uni-President Vietnam Company Information
7.15.2 Uni-President Vietnam Introduction and Business Overview
7.15.3 Uni-President Vietnam Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Uni-President Vietnam Aqua Feed Product Offerings
7.15.5 Uni-President Vietnam Recent Development
7.16 Aller Aqua
7.16.1 Aller Aqua Company Information
7.16.2 Aller Aqua Introduction and Business Overview
7.16.3 Aller Aqua Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Aller Aqua Aqua Feed Product Offerings
7.16.5 Aller Aqua Recent Development
7.17 GreenFeed
7.17.1 GreenFeed Company Information
7.17.2 GreenFeed Introduction and Business Overview
7.17.3 GreenFeed Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 GreenFeed Aqua Feed Product Offerings
7.17.5 GreenFeed Recent Development
7.18 Proconco
7.18.1 Proconco Company Information
7.18.2 Proconco Introduction and Business Overview
7.18.3 Proconco Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Proconco Aqua Feed Product Offerings
7.18.5 Proconco Recent Development
7.19 Avanti Feeds
7.19.1 Avanti Feeds Company Information
7.19.2 Avanti Feeds Introduction and Business Overview
7.19.3 Avanti Feeds Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Avanti Feeds Aqua Feed Product Offerings
7.19.5 Avanti Feeds Recent Development
7.20 Gold Coin
7.20.1 Gold Coin Company Information
7.20.2 Gold Coin Introduction and Business Overview
7.20.3 Gold Coin Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Gold Coin Aqua Feed Product Offerings
7.20.5 Gold Coin Recent Development
7.21 Vitapro
7.21.1 Vitapro Company Information
7.21.2 Vitapro Introduction and Business Overview
7.21.3 Vitapro Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Vitapro Aqua Feed Product Offerings
7.21.5 Vitapro Recent Development
7.22 Tianma Tech
7.22.1 Tianma Tech Company Information
7.22.2 Tianma Tech Introduction and Business Overview
7.22.3 Tianma Tech Aqua Feed Sales, Revenue, Price and Gross Margin (2020-2025)
7.22.4 Tianma Tech Aqua Feed Product Offerings
7.22.5 Tianma Tech Recent Development
8 Industry Chain Analysis
8.1 Aqua Feed Industrial Chain
8.2 Aqua Feed Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Aqua Feed Sales Model
8.5.2 Sales Channel
8.5.3 Aqua Feed Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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