Aquafeed Market Size, Share & Trends Report

Aquafeed Market Size, Share & Trends Analysis Report By Form (Dry, Wet), By Additive (Amino Acid, Feed Acidifiers), By Feed (Grower, Finisher), By Application (Tilapia, Carp), By Region, And Segment Forecasts, 2023 - 2030

Report ID: 978-1-68038-104-7
Number of Pages: 137
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Specialty & Chemicals

Market Segmentation

Aquafeed Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Dry
- Moist
- Wet
Aquafeed Additives Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Amino Acids
- Antibiotics
- Vitamins & Minerals
- Feed Acidifiers
- Antioxidants
- Enzymes
- Anti-parasitic
- Probiotics & Prebiotics
- Others
Aquafeed Feed Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Starter Feed
- Grower Feed
- Finisher Feed
- Brooder Feed
Aquafeed Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Carp
- Rainbow Trout
- Salmon
- Crustaceans
- Tilapia
- Catfish
- Sea Bass
- Grouper
- Others
Aquafeed Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- North America
  - North America Aquafeed Market, By Form
    - Dry
    - Moist
    - Wet
  - North America Aquafeed Market, By Additives
    - Amino Acids
    - Antibiotics
    - Vitamins & Minerals
    - Feed Acidifiers
    - Antioxidants
    - Enzymes
    - Anti-parasitic
    - Probiotics & Prebiotics
    - Others
  - North America Aquafeed Market, by Feed
    - Starter Feed
    - Grower Feed
    - Finisher Feed
    - Brooder Feed
  - North America Aquafeed Market, by Application
    - Carp
    - Rainbow Trout
    - Salmon
    - Crustaceans
    - Tilapia
    - Catfish
    - Sea Bass
    - Grouper
    - Others
  - U.S.
    - U.S. Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - U.S. Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - U.S. Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - U.S. Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Canada
    - Canada Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Canada Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Canada Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Canada Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Mexico
    - Mexico Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Mexico Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Mexico Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Mexico Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
- Europe
  - Europe Aquafeed Market, By Form
    - Dry
    - Moist
    - Wet
  - Europe Aquafeed Market, By Additives
    - Amino Acids
    - Antibiotics
    - Vitamins & Minerals
    - Feed Acidifiers
    - Antioxidants
    - Enzymes
    - Anti-parasitic
    - Probiotics & Prebiotics
    - Others
  - Europe Aquafeed Market, by Feed
    - Starter Feed
    - Grower Feed
    - Finisher Feed
    - Brooder Feed
  - Europe Aquafeed Market, by Application
    - Carp
    - Rainbow Trout
    - Salmon
    - Crustaceans
    - Tilapia
    - Catfish
    - Sea Bass
    - Grouper
    - Others
  - Germany
    - Germany Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Germany Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Germany Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Germany Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - U.K.
    - U.K. Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - U.K. Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - U.K. Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - U.K. Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - France
    - France Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - France Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - France Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - France Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Italy
    - Italy Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Italy Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Italy Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Italy Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Spain
    - Spain Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Spain Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Spain Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Spain Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Denmark
    - Denmark Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Denmark Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Denmark Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Denmark Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
- Asia Pacific
  - Asia Pacific Aquafeed Market, By Form
    - Dry
    - Moist
    - Wet
  - Asia Pacific Aquafeed Market, By Additives
    - Amino Acids
    - Antibiotics
    - Vitamins & Minerals
    - Feed Acidifiers
    - Antioxidants
    - Enzymes
    - Anti-parasitic
    - Probiotics & Prebiotics
    - Others
  - Asia Pacific Aquafeed Market, by Feed
    - Starter Feed
    - Grower Feed
    - Finisher Feed
    - Brooder Feed
  - Asia Pacific Aquafeed Market, by Application
    - Carp
    - Rainbow Trout
    - Salmon
    - Crustaceans
    - Tilapia
    - Catfish
    - Sea Bass
    - Grouper
    - Others
  - China
    - China Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - China Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - China Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - China Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - India
    - India Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - India Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - India Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - India Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Japan
    - Japan Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Japan Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Japan Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Japan Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Vietnam
    - Vietnam Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Vietnam Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Vietnam Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Vietnam Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Thailand
    - Thailand Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Thailand Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Thailand Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Thailand Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Indonesia
    - Indonesia Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Indonesia Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Indonesia Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Indonesia Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Australia
    - Australia Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Australia Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Australia Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Australia Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
- Central & South America
  - Central & South America Aquafeed Market, By Form
    - Dry
    - Moist
    - Wet
  - Central & South America Aquafeed Market, By Additives
    - Amino Acids
    - Antibiotics
    - Vitamins & Minerals
    - Feed Acidifiers
    - Antioxidants
    - Enzymes
    - Anti-parasitic
    - Probiotics & Prebiotics
    - Others
  - Central & South America Aquafeed Market, by Feed
    - Starter Feed
    - Grower Feed
    - Finisher Feed
    - Brooder Feed
  - Central & South America Aquafeed Market, by Application
    - Carp
    - Rainbow Trout
    - Salmon
    - Crustaceans
    - Tilapia
    - Catfish
    - Sea Bass
    - Grouper
    - Others
  - Brazil
    - Brazil Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Brazil Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Brazil Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Brazil Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Argentina
    - Argentina Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Argentina Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Argentina Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Argentina Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Chile
    - Chile Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Chile Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Chile Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Chile Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Ecuador
    - Ecuador Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Ecuador Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Ecuador Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Ecuador Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
- Middle East & Africa
  - Middle East & Africa Aquafeed Market, By Form
    - Dry
    - Moist
    - Wet
  - Middle East & Africa Aquafeed Market, By Additives
    - Amino Acids
    - Antibiotics
    - Vitamins & Minerals
    - Feed Acidifiers
    - Antioxidants
    - Enzymes
    - Anti-parasitic
    - Probiotics & Prebiotics
    - Others
  - Middle East & Africa Aquafeed Market, by Feed
    - Starter Feed
    - Grower Feed
    - Finisher Feed
    - Brooder Feed
  - Middle East & Africa Aquafeed Market, by Application
    - Carp
    - Rainbow Trout
    - Salmon
    - Crustaceans
    - Tilapia
    - Catfish
    - Sea Bass
    - Grouper
    - Others
  - South Africa
    - South Africa Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - South Africa Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - South Africa Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - South Africa Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others
  - Egypt
    - Egypt Aquafeed Market, By Form
      - Dry
      - Moist
      - Wet
    - Egypt Aquafeed Market, By Additives
      - Amino Acids
      - Antibiotics
      - Vitamins & Minerals
      - Feed Acidifiers
      - Antioxidants
      - Enzymes
      - Anti-parasitic
      - Probiotics & Prebiotics
      - Others
    - Egypt Aquafeed Market, by Feed
      - Starter Feed
      - Grower Feed
      - Finisher Feed
      - Brooder Feed
    - Egypt Aquafeed Market, by Application
      - Carp
      - Rainbow Trout
      - Salmon
      - Crustaceans
      - Tilapia
      - Catfish
      - Sea Bass
      - Grouper
      - Others

Aquafeed Market Dynamics

Drivers: Increased Demand For High Protein Content Food

Aquafeed is a rich source of omega-3 fatty acids and proteins. It improves the nutritive value of feed and offers several benefits including increased digestibility of protein, improved growth rate, enhanced feed conversion, reduced mortality of aquatic species, and enhanced immunity system. Thus, increasing awareness among aquafeed manufacturers regarding its nutritional benefits, such as the presence of a high amount of protein content, is anticipated to trigger market growth. The demand for protein is witnessing a rise due to growing awareness among consumers regarding the consumption of food with high nutritional value. The increasing number of consumers in the Asia Pacific region has led to an increased demand for protein sourced from animals (including fish). This is anticipated to boost the demand for fish food, which, in turn, is expected to drive the growth of the aquafeed market over the forecast period.

Increasing Direct Human Consumption (Dhc) Of Fish And Fish Products

Fish serves as a lean protein alternative compared to other meats like beef and poultry, making it a popular choice for direct human consumption (DHC). The expanding variety of fish in the retail market has led to a rise in fish consumption, fostering demand for fish and fish products for DHC. The surge in omega-3 supplements is expected due to their role in reducing body fat and addressing the increasing prevalence of obesity and related ailments. The health benefits associated with fish consumption, such as promoting cognitive development in children, mitigating cardiovascular risks, and aiding in weight management, are poised to drive increased fish consumption. This positive trend is expected to elevate the demand for high-quality, disease-free fish and fish products. Consequently, there will be a heightened demand for aquafeed as a means to ensure the production of healthy fish. In summary, the trajectory points towards a growing preference for fish and its products, driven by both nutritional advantages and health-conscious consumer choices, thus consequently boosting the consumption of aquafeed over the forecast period.

Restraints: Fluctiations In Raw Material Prices

Fishmeal is one of the prominent raw materials used in the manufacturing of aquafeed due to its high protein content. Other raw materials used for fish feed include anti-parasites, feed acidifiers, prebiotics, essential oils & natural extracts, and palatants. These raw materials go through a tedious production process to obtain high-quality products as they are manufactured specifically to enhance the nutritive value of aquafeed. However, fluctuating prices of fishmeal due to the scarcity of captured fish have resulted in the increasing popularity of plant-based additives in aquafeed. These factors have prompted aquafeed manufacturers to opt for crops and grains that contain nutrients equivalent to fishmeal in the manufacturing of aquafeed products. Crops such as soybean and corn are used for direct human consumption, which further restrains their supply for the manufacturing of aquafeed. Therefore, the high manufacturing costs of aquafeed on account of volatile raw material prices are anticipated to hamper the market growth as manufacturers may not be able to sustain the losses incurred due to this volatility.

What Does This Report Include?

This section will provide insights into the contents included in this aquafeed market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Aquafeed market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Aquafeed market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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