AquaFeed Market to Reach US$ 57.15 Billion by 2031, Driven by Aquaculture Expansion, Sustainable Nutrition, and Feed Innovation | QY Research

Market Summary -

The global AquaFeed Market is set for robust growth as aquaculture continues to play a critical role in meeting rising global protein demand. According to the latest study titled "AquaFeed Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031," the market was valued at US$ 36,290 million in 2024 and is projected to reach US$ 57,150 million by 2031, expanding at a CAGR of 6.8% during the forecast period from 2025 to 2031.

AquaFeed comprises nutritionally balanced feed formulations designed for farmed aquatic species such as fish, shrimp, crabs, and other marine and freshwater organisms. These feeds-available in mash, pellet, crumbled, or extruded forms-are tailored to species-specific requirements and life stages, directly influencing growth rates, feed conversion efficiency, animal health, and final product quality. As wild fish stocks face increasing pressure, aquaculture-supported by high-performance feeds-has become indispensable to global food security.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://qyresearch.in/request-sample/agriculture-aquafeed-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Market Drivers and Industry Dynamics -

The primary growth driver for the aquafeed market is the rapid expansion of global aquaculture production, particularly for high-demand species including salmon, shrimp, tilapia, and pangasius. As consumers increasingly favor seafood for its nutritional benefits, the need for efficient, high-quality feeds has intensified.

Technological innovation in feed formulation is reshaping the industry. The adoption of alternative protein sources-such as insect meal, plant-based ingredients, algae, and fermented feedstocks-is reducing dependence on traditional fishmeal and fish oil while improving feed conversion ratios. In parallel, the development of functional and health-oriented aquafeeds that enhance immunity, stress tolerance, and disease resistance is gaining traction, driven by demand for sustainable and traceable seafood.

The report also assesses the impact of recent tariff adjustments and international strategic countermeasures, which are influencing cross-border supply chains, raw material sourcing, and capital allocation across major aquaculture regions.

Competitive Landscape -

The global aquafeed market is moderately consolidated, with leading multinational and regional players leveraging scale, R&D capabilities, and integrated supply chains. Key companies profiled in the report include Nutreco, Haid Group, Tongwei Group, BioMar, Cargill, and CP Group. The top six manufacturers collectively accounted for around 35% of global market share in 2024, reflecting competitive intensity alongside ongoing consolidation.

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
Nutriad International
Japfa Ltd
Alltech

Regional and Segment Insights -

Asia-Pacific dominates the global aquafeed market, supported by large-scale aquaculture production in China, Southeast Asia, India, and Vietnam. Europe and North America follow, driven by high-value salmonid farming and stringent quality standards. Emerging regions in South America, the Middle East, and Africa are also contributing to incremental growth as aquaculture investment expands.

By application, fish feed represents the largest segment, accounting for over 55% of total market demand, reflecting the scale of finfish farming worldwide. Shrimp feed remains a high-growth segment due to export-oriented shrimp aquaculture, while crab and other specialty feeds serve niche but expanding markets. By type, pellet and extruded feeds are increasingly favored for their superior water stability, digestibility, and performance consistency.

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Market Challenges -

Despite strong growth prospects, the aquafeed market faces notable challenges. Volatility in raw material prices-particularly fishmeal, soybean meal, and corn-creates cost pressures and margin uncertainty for manufacturers. Tightening regulatory frameworks governing feed composition, antibiotic use, and environmental impact are increasing compliance complexity and operational costs. Additionally, disease outbreaks in aquaculture, such as early mortality syndrome (EMS) in shrimp and sea lice in salmon, can disrupt feed demand and production cycles.

Scope of the Report -

This report provides a comprehensive analysis of the global aquafeed market, covering sales volume (thousand metric tons), sales revenue (US$ million), pricing trends, and company market share and ranking. It offers detailed insights by region and country, by type (mash, pellet, extruded, and others), and by application (fish, shrimp, crab, and others). With 2024 as the base year, historical data from 2020 to 2024, and forecasts through 2031, the study combines quantitative and qualitative analysis to help stakeholders evaluate competitive positioning, identify growth opportunities, and make informed strategic decisions in the evolving aquafeed industry.

Market Segmentation and Regional -

By Type

Mash Feed
Pellet Feed
Extruded Feed
Other

By Application

Fish Feed
Shrimp Feed
Crab Feed
Other

The report provides valuable insights into the key segments of the global AquaFeed market, with a strong focus on CAGR, market size, market share, and future growth potential. The market is comprehensively segmented by product type, application, and region, with each segment thoroughly analyzed to identify growth prospects, demand patterns, and emerging trends. This detailed segmental analysis plays a crucial role in uncovering high-growth and high-return opportunities across the market. By offering precise data on product- and application-level demand, the report enables businesses to prioritize profitable segments and develop targeted strategies within the global AquaFeed market.

Reasons to Procure this Report: -

►The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

►The report provides AquaFeed market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

►The research includes the AquaFeed market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

►AquaFeed market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

►This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

►The study helps evaluate AquaFeed business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

►This AquaFeed report gives all the information about the industry analysis, revenue, and overview, of this market.

►What will be the rate of increase in AquaFeed market size and growth rate by the end of the forecast period?

►What are the major global AquaFeed market trends influencing the development of the market?

►What are the vital results of SWOT analysis of the major players operating in the AquaFeed market?

►What are the potential growth opportunities and threats faced by Major competitors in the AquaFeed market?

►What are the market opportunities and threats faced by vendors in the Global AquaFeed market?

Request for Pre-Order / Enquiry Link: https://qyresearch.in/pre-order-inquiry/agriculture-aquafeed-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Table of Contents - Major Key Points:

1 Market Overview
1.1 AquaFeed Product Introduction
1.2 Global AquaFeed Market Size Forecast
1.2.1 Global AquaFeed Sales Value (2020-2031)
1.2.2 Global AquaFeed Sales Volume (2020-2031)
1.2.3 Global AquaFeed Sales Price (2020-2031)
1.3 AquaFeed Market Trends & Drivers
1.3.1 AquaFeed Industry Trends
1.3.2 AquaFeed Market Drivers & Opportunity
1.3.3 AquaFeed Market Challenges
1.3.4 AquaFeed Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global AquaFeed Players Revenue Ranking (2024)
2.2 Global AquaFeed Revenue by Company (2020-2025)
2.3 Global AquaFeed Players Sales Volume Ranking (2024)
2.4 Global AquaFeed Sales Volume by Company Players (2020-2025)
2.5 Global AquaFeed Average Price by Company (2020-2025)
2.6 Key Manufacturers AquaFeed Manufacturing Base and Headquarters
2.7 Key Manufacturers AquaFeed Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of AquaFeed
2.9 AquaFeed Market Competitive Analysis
2.9.1 AquaFeed Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by AquaFeed Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in AquaFeed as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Mash Feed
3.1.2 Pellet Feed
3.1.3 Extruded Feed
3.1.4 Other
3.2 Global AquaFeed Sales Value by Type
3.2.1 Global AquaFeed Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global AquaFeed Sales Value, by Type (2020-2031)
3.2.3 Global AquaFeed Sales Value, by Type (%) (2020-2031)
3.3 Global AquaFeed Sales Volume by Type
3.3.1 Global AquaFeed Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global AquaFeed Sales Volume, by Type (2020-2031)
3.3.3 Global AquaFeed Sales Volume, by Type (%) (2020-2031)
3.4 Global AquaFeed Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Fish Feed
4.1.2 Shrimp Feed
4.1.3 Crab Feed
4.1.4 Other
4.2 Global AquaFeed Sales Value by Application
4.2.1 Global AquaFeed Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global AquaFeed Sales Value, by Application (2020-2031)
4.2.3 Global AquaFeed Sales Value, by Application (%) (2020-2031)
4.3 Global AquaFeed Sales Volume by Application
4.3.1 Global AquaFeed Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global AquaFeed Sales Volume, by Application (2020-2031)
4.3.3 Global AquaFeed Sales Volume, by Application (%) (2020-2031)
4.4 Global AquaFeed Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global AquaFeed Sales Value by Region
5.1.1 Global AquaFeed Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global AquaFeed Sales Value by Region (2020-2025)
5.1.3 Global AquaFeed Sales Value by Region (2026-2031)
5.1.4 Global AquaFeed Sales Value by Region (%), (2020-2031)
5.2 Global AquaFeed Sales Volume by Region
5.2.1 Global AquaFeed Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global AquaFeed Sales Volume by Region (2020-2025)
5.2.3 Global AquaFeed Sales Volume by Region (2026-2031)
5.2.4 Global AquaFeed Sales Volume by Region (%), (2020-2031)
5.3 Global AquaFeed Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America AquaFeed Sales Value, 2020-2031
5.4.2 North America AquaFeed Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe AquaFeed Sales Value, 2020-2031
5.5.2 Europe AquaFeed Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific AquaFeed Sales Value, 2020-2031
5.6.2 Asia Pacific AquaFeed Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America AquaFeed Sales Value, 2020-2031
5.7.2 South America AquaFeed Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa AquaFeed Sales Value, 2020-2031
5.8.2 Middle East & Africa AquaFeed Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions AquaFeed Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions AquaFeed Sales Value and Sales Volume
6.2.1 Key Countries/Regions AquaFeed Sales Value, 2020-2031
6.2.2 Key Countries/Regions AquaFeed Sales Volume, 2020-2031
6.3 United States
6.3.1 United States AquaFeed Sales Value, 2020-2031
6.3.2 United States AquaFeed Sales Value by Type (%), 2024 VS 2031
6.3.3 United States AquaFeed Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe AquaFeed Sales Value, 2020-2031
6.4.2 Europe AquaFeed Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe AquaFeed Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China AquaFeed Sales Value, 2020-2031
6.5.2 China AquaFeed Sales Value by Type (%), 2024 VS 2031
6.5.3 China AquaFeed Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan AquaFeed Sales Value, 2020-2031
6.6.2 Japan AquaFeed Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan AquaFeed Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea AquaFeed Sales Value, 2020-2031
6.7.2 South Korea AquaFeed Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea AquaFeed Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia AquaFeed Sales Value, 2020-2031
6.8.2 Southeast Asia AquaFeed Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia AquaFeed Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India AquaFeed Sales Value, 2020-2031
6.9.2 India AquaFeed Sales Value by Type (%), 2024 VS 2031
6.9.3 India AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Nutreco AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Haid Group AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Tongwei Group AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 BioMar AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Cargill AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 CP Group AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Evergreen Feed AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 New Hope Group AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Grobest AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Yuehai Feed AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Ridley AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Alpha Feed AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Dibaq Aquaculture AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 DBN AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Uni-President Vietnam AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Aller Aqua AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 GreenFeed AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Proconco AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Avanti Feeds AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Gold Coin AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Vitapro AquaFeed 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 AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.22.4 Tianma Tech AquaFeed Product Offerings
7.22.5 Tianma Tech Recent Development
7.23 Nutriad International
7.23.1 Nutriad International Company Information
7.23.2 Nutriad International Introduction and Business Overview
7.23.3 Nutriad International AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.23.4 Nutriad International AquaFeed Product Offerings
7.23.5 Nutriad International Recent Development
7.24 Japfa Ltd
7.24.1 Japfa Ltd Company Information
7.24.2 Japfa Ltd Introduction and Business Overview
7.24.3 Japfa Ltd AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.24.4 Japfa Ltd AquaFeed Product Offerings
7.24.5 Japfa Ltd Recent Development
7.25 Alltech
7.25.1 Alltech Company Information
7.25.2 Alltech Introduction and Business Overview
7.25.3 Alltech AquaFeed Sales, Revenue, Price and Gross Margin (2020-2025)
7.25.4 Alltech AquaFeed Product Offerings
7.25.5 Alltech Recent Development
8 Industry Chain Analysis
8.1 AquaFeed Industrial Chain
8.2 AquaFeed 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 AquaFeed Sales Model
8.5.2 Sales Channel
8.5.3 AquaFeed 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

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

Contact Us:

Arshad Shaha | Marketing Executive

QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in

This release was published on openPR.