Global aquafeed market will reach $71.14 billion by 2030, growing by 5.9% annually over 2020-2030 considering the impact of COVID-19 pandemic. The market is driven by population growth and urbanization, rising incomes in developing nations, growing aquaculture industry and increasing seafood trade, and the rising awareness about the health benefits of consuming fish and other aquaculture species. In terms of demand volume, the market will grow at a 2020-2030 CAGR of 4.2%.
Highlighted with 87 tables and 109 figures, this 195-page report “Global Aquafeed Market 2020-2030 by Source, Ingredient, Product Form (Pellet, Extruded, Powdered, Liquid), Species (Fish, Mollusk, Crustacean), Lifecycle (Grower, Finisher, Starter, Brooder), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global aquafeed market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces


The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global aquafeed market in every aspect of the classification from perspectives of Source, Ingredient, Product Form, Species, Lifecycle, and Region.

Based on Source, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Soybean


o Soybean Meal
o Soy Oil
o Soy Lecithin

  • Fish Meal
  • Corn


o Corn Gluten Meal
o Corn Gluten Feed
o Corn Oil

  • Fish Oil
  • Additives
  • Other Sources



Based on Ingredient, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Vitamins & Minerals
  • Amino Acids
  • Antioxidants
  • Enzymes
  • Prebiotics & Probiotics
  • Antibiotics
  • Other Ingredients



Based on Product Form, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Pellet Feed
  • Extruded Feed
  • Powdered Feed
  • Liquid Feed



Based on Species, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Fish Feed


o Carp Feed
o Salmon Feed
o Tilapia Feed
o Trout Feed
o Catfish Feed
o Other Fish Feed

  • Mollusk Feed


o Oyster Feed
o Mussel Feed
o Other Mollusk Feed

  • Crustacean Feed


o Shrimp Feed
o Crab Feed
o Krill Feed
o Other Crustacean Feed

  • Other Aqua Feed



Based on Lifecycle, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Grower Feed
  • Finisher Feed
  • Starter Feed
  • Brooder Feed



Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, Thailand, Vietnam, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, South Korea, New Zealand, Australia, Taiwan, and Philippines)
  • South America (Brazil, Ecuador, Argentina, Rest of South America)
  • MEA (Egypt, Turkey, South Africa)


For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Source, Ingredient, and Species over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Adissea Co., Ltd.
Aller Aqua Group
Alltech Inc.
Archer Daniels Midland Co.
Avanti Feeds Limited
Biomar Group
Biomin Holding GmbH
Cargill Incorporated
Chareon Popkhand Foods PCL
Coppens International BV
Hanpel Tech Co., Ltd.
Inve Aquaculture Inc.
Nutreco NV
Purina Animal Nutrition
Ridley Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)