Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Aquaculture Feed Market Trends
As per industry reports, the global aquaculture production increased to 122.6 million tonnes in 2020, comprising 87.5 million tonnes of aquatic animals and 35.1 million tonnes of algae. This showcases the rising production levels of aquaculture. Moreover, the consumption of seafood has increased in recent years, which in turn has shaped aquaculture feed market outlook.
In addition to this, consumers have become more aware of the benefits offered by high-quality seafood products, creating a positive influence on the supply of improved aquaculture feed across the globe. Moreover, it is estimated that 73.15 million tonnes of aquafeed will be needed by 2025 to meet production levels for fed species. This can further propel market’s expansion.
Aquaculture Feed Market Report Snapshots
Aquaculture Feed Market Growth
Aquaculture Feed Market Trends
Aquaculture Feed Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the aquaculture feed market reached an approximate volume of 49.70 million tonnes.
The market is expected to grow at a CAGR of 5.3% between 2024 and 2032.
By 2032, the market is estimated to reach 78.93 million tonnes.
The major market drivers include rising disposable incomes, the increasing health consciousness, growing mass production of fish, and surging consumption of seafood.
Key trends aiding market expansion include the rising use of natural resources and sustainable raw materials to produce aquaculture feed by manufacturers, rising aquaculture production in EU and APAC, and adoption of advanced technologies to produce quality aquafeed.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on species, the market is divided into carp, marine shrimps, tilapias, catfishes, marine fishes, salmons, freshwater (FW) crustaceans, and trouts, among others.
Soybean, corn, fish meal, fish oil, and additives are commonly used ingredients in aquaculture feed.
The significant product forms of aquaculture feed are pellets, extruded, powdered, and liquid.
Key players in the market are Archer Daniels Midland Company, Cargill, Incorporated, Ridley Corporation Limited, Nutreco N.V., and Alltech, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124