Global aquafeed market is expected to grow at a CAGR of close to 7% during the forecast period. The global aquafeed market is driven by increasing seafood trade across the globe. Surging aquaculture activities is positively impacting the growth of market. Furthermore, growing demand for fish among the population is further expected to bolster the growth of market over the next few years.

Restrictions on manufacturing activities due to the advent of the COVID-19 pandemic shall cause a slump in the supply of feed, as well as its additives. The current stagnation in supply is, in turn, detrimental against the backdrop of ever-increasing demand for essential food products such as dairy and meat.

The global aquafeed market is segmented based on ingredients, additives, species, form, lifecycle, company, and region. Based on ingredients, the market can be categorized into soybean, fish meal, corn, fish oil, additives, others. Out of which, the soybean segment accounted for the highest market share in terms of value until 2019 and is expected to remain dominant throughout the forecast period as well which can be accredited to the fact that soy protein is fed to farm-reared fish and shellfish in order to increase their overall growth and development. Heat-processed full-fat soybean, mechanically extracted soybean cake, solvent-extracted soybean meal, and dehulled solvent-extracted soybean meal, are some of the commonly used soybean products in aquafeed. In addition to this, the price of soybean meal is significantly less than fishmeal, because of which the consumption of soybean meal is high. This is forecast to boost the segmental growth over the coming years.

Major players operating in the global aquafeed market include Archer Daniels Midland Company, Ridley Corporation Limited, DE Heus Animal Nutrition B.V., Biostadt India Limited, NK Ingredients Pte Ltd., Marubeni Nisshin Feed Co., Ltd., Cargill, Inc, Nutreco N.V, Avanti Feeds Ltd, Charoen Pokphand Foods Public Company Limited and others. The market players are adopting some competitive strategies such as expansions & investments, partnerships, collaborations, and agreements in order to expand their geographic reach and to increase their customer bases.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global aquafeed market from 2015 to 2018.
  • To estimate and forecast the market size of global aquafeed market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global aquafeed market based on ingredients, additives, species, form, lifecycle, company and regional distribution.
  • To identify dominant region or segment in the global aquafeed market.
  • To identify drivers and challenges for global aquafeed market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global aquafeed market.
  • To conduct pricing analysis for global aquafeed market.
  • To identify and analyze the profile of leading players operating in global aquafeed market.
  • To identify key sustainable strategies adopted by market players in global aquafeed market.



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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global aquafeed market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Aquafeed manufacturers, suppliers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to aquafeed
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global aquafeed market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Aquafeed Market, By Ingredient:
    • Soybean
    • Fish Meal
    • Corn
    • Fish Oil
    • Additives
    • Others
  • Global Aquafeed Market, By Additives:
    • Amino Acids
    • Vitamins & Minerals
    • Prebiotics & Probiotics
    • Enzymes
    • Antibiotics
    • Other
  • Global Aquafeed Market, By Species:
    • Fish
    • Crustaceans
    • Molluscs
    • Other
  • Global Aquafeed Market, By Form:
    • Dry Form
    • Wet Form
    • Moist Form
  • Global Aquafeed Market, By Lifecycle:
    • Grower feed
    • Finisher feed
    • Starter feed
    • Brooder feed
  • Global Aquafeed Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global aquafeed market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global aquafeed market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Aquafeed Market 

4.    Executive Summary

5.    Voice of Customer

6.    Global Aquafeed Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast        

6.2.1.     By Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, Others)

6.2.2.     By Additives (Amino Acids, Vitamins & Minerals, Prebiotics & Probiotics, Enzymes, Antibiotics, Other)

6.2.3.     By Species (Fish, Crustaceans, Molluscs, Other)

6.2.4.     By Form (Dry Form, Wet Form, Moist Form)

6.2.5.     By Lifecycle (Grower feed, Finisher feed, Starter feed, Brooder feed)

6.2.6.     By Company

6.2.7.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Aquafeed Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Ingredient

7.2.2.     By Additives

7.2.3.     By Species

7.2.4.     By Form

7.2.5.     By Lifecycle

7.2.6.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Aquafeed Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Ingredient

7.3.1.2.2.             By Additives

7.3.1.2.3.             By Species

7.3.1.2.4.             By Form

7.3.1.2.5.             By Lifecycle

7.3.2.     India Aquafeed Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Ingredient

7.3.2.2.2.             By Additives

7.3.2.2.3.             By Species

7.3.2.2.4.             By Form

7.3.2.2.5.             By Lifecycle

7.3.3.     Australia Aquafeed Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Ingredient

7.3.3.2.2.             By Additives

7.3.3.2.3.             By Species

7.3.3.2.4.             By Form

7.3.3.2.5.             By Lifecycle

7.3.4.     Japan Aquafeed Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Ingredient

7.3.4.2.2.             By Additives

7.3.4.2.3.             By Species

7.3.4.2.4.             By Form

7.3.4.2.5.             By Lifecycle

7.3.5.     South Korea Aquafeed Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Ingredient

7.3.5.2.2.             By Species

7.3.5.2.3.             By Additives

7.3.5.2.4.             By Form

7.3.5.2.5.             By Lifecycle

8.    Europe Aquafeed Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Ingredient

8.2.2.     By Additives

8.2.3.     By Species

8.2.4.     By Form

8.2.5.     By Lifecycle

8.2.6.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Aquafeed Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Ingredient

8.3.1.2.2.             By Additives

8.3.1.2.3.             By Species

8.3.1.2.4.             By Form

8.3.1.2.5.             By Lifecycle

8.3.2.     Germany Aquafeed Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Ingredient

8.3.2.2.2.             By Additives

8.3.2.2.3.             By Species

8.3.2.2.4.             By Form

8.3.2.2.5.             By Lifecycle

8.3.3.     United Kingdom Aquafeed Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Ingredient

8.3.3.2.2.             By Additives

8.3.3.2.3.             By Species

8.3.3.2.4.             By Form

8.3.3.2.5.             By End Use

8.3.4.     Italy Aquafeed Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Ingredient

8.3.4.2.2.             By Additives

8.3.4.2.3.             By Species

8.3.4.2.4.             By Form

8.3.4.2.5.             By Lifecycle

8.3.5.     Spain Aquafeed Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Ingredient

8.3.5.2.2.             By Additives

8.3.5.2.3.             By Species

8.3.5.2.4.             By Form

8.3.5.2.5.             By Lifecycle

9.    North America Aquafeed Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Ingredient

9.2.2.     By Additives

9.2.3.     By Species

9.2.4.     By Form

9.2.5.     By Lifecycle

9.2.6.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Aquafeed Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Ingredient

9.3.1.2.2.             By Additives

9.3.1.2.3.             By Species

9.3.1.2.4.             By Form

9.3.1.2.5.             By Lifecycle

9.3.2.     Mexico Aquafeed Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Ingredient

9.3.2.2.2.             By Additives

9.3.2.2.3.             By Species

9.3.2.2.4.             By Form

9.3.2.2.5.             By Lifecycle

9.3.3.     Canada Aquafeed Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Ingredient

9.3.3.2.2.             By Additives

9.3.3.2.3.             By Species

9.3.3.2.4.             By Form

9.3.3.2.5.             By Lifecycle

10.  South America Aquafeed Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Ingredient

10.2.2.  By Additives

10.2.3.  By Species

10.2.4.  By Form

10.2.5.  By Lifecycle

10.2.6.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Aquafeed Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Ingredient

10.3.1.2.2.           By Additives

10.3.1.2.3.           By Species

10.3.1.2.4.           By Form

10.3.1.2.5.           By Lifecycle

10.3.2.  Argentina Aquafeed Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Ingredient

10.3.2.2.2.           By Additives

10.3.2.2.3.           By Species

10.3.2.2.4.           By Form

10.3.2.2.5.           By Lifecycle

10.3.3.  Colombia Aquafeed Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Ingredient

10.3.3.2.2.           By Additives

10.3.3.2.3.           By Species

10.3.3.2.4.           By Form

10.3.3.2.5.           By End Use

11.  Middle East and Africa Aquafeed Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Ingredient

11.2.2.  By Additives

11.2.3.  By Species

11.2.4.  By Form

11.2.5.  By Lifecycle

11.2.6.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Aquafeed Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Ingredient

11.3.1.2.2.           By Additives

11.3.1.2.3.           By Species

11.3.1.2.4.           By Form

11.3.1.2.5.           By Lifecycle

11.3.2.  Saudi Arabia Aquafeed Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Ingredient

11.3.2.2.2.           By Additives

11.3.2.2.3.           By Species

11.3.2.2.4.           By Form

11.3.2.2.5.           By Lifecycle

11.3.3.  UAE Aquafeed Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Ingredient

11.3.3.2.2.           By Additives

11.3.3.2.3.           By Species

11.3.3.2.4.           By Form

11.3.3.2.5.           By Lifecycle

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Archer Daniels Midland Company

14.2.              Ridley Corporation Limited

14.3.              DE Heus Animal Nutrition B.V

14.4.              Biostadt India Limited

14.5.              NK Ingredients Pte Ltd.

14.6.              Marubeni Nisshin Feed Co., Ltd.

14.7.              Cargill, Inc

14.8.              Nutreco N.V

14.9.              Avanti Feeds Ltd

14.10.            Charoen Pokphand Foods Public Company Limited

15.  Strategic Recommendations

16. About Us & Disclaimer