
Aquafeed Market is driven by rising aquaculture, fish oil demand, and tech advances in feed production during the 2026–2030 forecast period.
According to the TechSci Research report titled “Aquafeed Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global aquafeed market reached a value of USD 68.26 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.50% through 2030. The market’s strong performance is driven by the growing global demand for seafood, rising health consciousness among consumers, technological advances in feed manufacturing, and a growing emphasis on sustainable aquaculture practices.
One of the primary drivers of this growth is the increasing global consumption of seafood. Fish and other aquatic animals are becoming vital sources of protein and omega-3 fatty acids in the human diet. As global populations continue to rise and dietary preferences shift toward healthier and protein-rich options, the demand for efficient and high-quality aquafeed has surged. This has placed aquafeed at the core of sustainable aquaculture, which now supplies over half of the seafood consumed globally.
Innovations in aquafeed production processes have played a key role in enhancing feed efficiency and animal health. Today’s aquafeed formulations are designed to meet the specific nutritional needs of various aquatic species, such as fish, shrimp, mollusks, and crustaceans, at different life stages. These feeds are enriched with essential nutrients that support rapid growth, strengthen immunity, and improve the overall health and survival rate of aquatic species. The integration of modern processing technologies has also resulted in feeds that are more digestible, palatable, and environmentally sustainable.
The aquafeed market has witnessed significant diversification in product offerings. Manufacturers now provide specialized feed solutions tailored to a variety of species, production systems, and environmental conditions. From extruded floating feeds to sinking pellets and crumble feeds, farmers have access to a wide range of options that suit their specific farming needs. This variety enables more precise feeding practices, which in turn lead to higher yields and better resource utilization.
In parallel, government policies and regulatory frameworks supporting aquaculture development have further propelled the market. Many countries are investing in sustainable aquaculture infrastructure to reduce the burden on wild fish stocks and increase domestic seafood production. Financial incentives, subsidies for aquafeed manufacturers, and research funding are encouraging the development of innovative, cost-effective feed solutions that contribute to the industry’s long-term growth.
Despite these positive trends, the market does face several challenges. Rising costs of raw materials such as fishmeal and fish oil, which are traditionally used in aquafeed, can impact profit margins and create supply bottlenecks. In response, the industry is actively exploring alternative protein sources like soybean meal, insect meal, algae, and single-cell proteins to diversify feed ingredients and reduce environmental impact.
Research and development (R&D) activities remain a cornerstone of progress in the aquafeed sector. Continuous innovation in feed formulation, ingredient sourcing, and delivery systems is essential to meet the evolving needs of aquaculture producers. There is an increasing focus on incorporating functional additives—such as prebiotics, probiotics, enzymes, and immune boosters—that enhance growth performance and disease resistance while minimizing the use of antibiotics. These innovations are not only improving productivity but also aligning with global efforts to create more eco-friendly and socially responsible aquaculture systems.
Segment-wise, the additives category—particularly vitamins and minerals—is showing the fastest growth in the global aquafeed market. These additives play a vital role in ensuring the nutritional adequacy of feeds, supporting skeletal development, metabolic processes, reproductive performance, and immune response in aquatic species. The inclusion of essential nutrients like vitamins A, D, E, calcium, phosphorus, and trace minerals is helping producers meet stringent quality standards while optimizing feed conversion ratios (FCRs).
The growing awareness of fish health management and the need to reduce mortality rates in farming systems are prompting aquaculture operators to invest in fortified feeds. As disease outbreaks and stress-related losses can severely affect farm profitability, nutritionally complete feeds have become indispensable. Governments and international agencies are also promoting the use of fortified and eco-friendly aquafeeds to ensure the sustainability of the aquaculture industry.
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Regionally, North America is emerging as one of the fastest-growing markets for aquafeed, driven by a surge in demand for sustainable seafood and growing consumer awareness about the health benefits of aquatic protein. The region is witnessing a significant transformation in aquaculture practices, with the adoption of precision feeding systems, smart aquaculture technologies, and advanced feed formulations. This shift is largely fueled by the increasing pressure on aquaculture producers to enhance productivity and minimize environmental impacts.
Government support in the form of policy frameworks and funding for sustainable aquaculture initiatives is further strengthening the North American aquafeed industry. Investments in research, feed innovation, and modern aquafarming techniques are positioning the region as a major contributor to global aquaculture output. The market is also benefiting from rising private sector investments and partnerships aimed at scaling up local aquafeed production capacities and reducing reliance on imports.
In conclusion, the global aquafeed market is poised for steady expansion over the coming years. The convergence of rising seafood demand, advancements in feed manufacturing, and a shift toward environmentally sustainable practices is shaping the future of the industry. Continued innovation, diversification of feed inputs, and supportive government policies will be key to meeting the nutritional needs of the world’s growing population while ensuring the ecological balance of aquatic ecosystems.
Major companies operating in Global Aquafeed Market are:
Archer Daniels Midland CompanyRidley Corporation LimitedDE Heus Animal Nutrition B.V.Biostadt India LimitedNK Ingredients Pte Ltd.Marubeni Nisshin Feed Co., Ltd.Cargill, IncNutreco N.VAvanti Feeds LtdCharoen Pokphand Foods Public Company Limited
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“The future of the Global Aquafeed Market appears to be highly promising, driven by the ever-increasing demand for seafood products and the remarkable growth of the aquaculture sector on a global scale. Industry experts predict that the market will experience significant growth, primarily due to advancements in feed formulation techniques and the adoption of sustainable farming practices. These developments are expected to not only enhance the nutritional value of aquafeed but also contribute to the overall market expansion. Considering the rising global population and the growing preference for protein-rich diets, the demand for aquafeed is anticipated to skyrocket in the coming years.
This surge in demand is expected to create a highly favorable and optimistic outlook for the aquafeed market, opening up new avenues for growth and innovation in the industry. With the combination of cutting-edge technologies, sustainable practices, and an increasing focus on meeting the nutritional needs of consumers, the Global Aquafeed Market is poised for remarkable advancements and success in the near future”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“Aquafeed Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, Others), By Additives (Amino Acids, Vitamins & Minerals, Prebiotics & Probiotics, Enzymes, Antibiotics, Other), By Species (Fish, Crustaceans, Molluscs, Other), By Form (Dry Form, Wet Form, Moist Form), By Lifecycle (Grower feed, Finisher feed, Starter feed, Brooder feed), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Aquafeed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Aquafeed Market.
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