Aquafeed – Global Industry Analysis, Market Trends and Revenue Forecasts 2023-2029


The Aquafeed Market was valued at US$ 58.03 billion in 2022 and is anticipated to grow at a CAGR of 7% from 2022 to 2029 to reach US$ 93.19 billion.

Maximize Market Research’s new report,   Aquafeed Market 2023-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Aquafeed market.

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According to the kind of ingredients, the soybean segment is anticipated to hold the greatest market share for aquafeed during the anticipated time frame. Aquafeed can benefit greatly from soy’s high quality protein content, which is roughly 48%. Due to its high nutrient content and abundance of digestible amino acids and xanthophylls, it is widely utilized as a significant protein source in the creation of aquafeed.

Fish held the highest share in terms of end users in 2019 and is anticipated to increase at the fastest rate over the forecast period. The cheapest and most easily absorbed animal protein is fish. The expansion of aquaculture and fish farming has raised the demand for fish feed.

by End User


by Ingredient

Fish meal
Fish oil

by Additive

Amino acids
Feed enzymes
Feed Acidifiers

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Aquafeed Market Key players:

It then discusses the top competitors in the worldwide Aquafeed market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:

1. Archer Daniels Midland Company 2. Cargill 3. Alltech 4. Ridley Corporation Ltd. 5. Nutreco N.V 6. Avanti Feeds Ltd. 7. Biostadt India Ltd. 8. Nutriad 9. Aller Aqua A/S 10. BioMar 11. BIOMIN Holding GmbH 12. Norel Animal Nutrition 13. De Heus Animal Nutrition 14. Dibaq a.s

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Table of Content: Aquafeed Market

Part 01: Executive Summary

Part 02: Scope of the Aquafeed Market Report

Part 03: Global Aquafeed Market Landscape

Part 04: Global Aquafeed Market Sizing

Part 05: Global Aquafeed Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Analysis:

The report has analyzed the Aquafeed  market in the following regions:

  • America, North (the United States, Canada, and Mexico)
  • European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia, and Rest of South America)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Aquafeed market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.

COVID-19 Impact Analysis on Aquafeed Market:

COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.

Key Questions Answered in the Aquafeed Market Report are:

  • Which are the major companies in the Aquafeed market?
  • Which is the potential market for Aquafeed in terms of the region?
  • Which application area of Aquafeed is expected to grow at a significant rate in the market in the next 5 years?
  • What are the opportunities for new market entries?
  • What will be the Aquafeed market size by 2029?
  • What are the growth prospects for the Aquafeed market?
  • What is the base year considered in the Aquafeed market report?
  • Which region holds the largest market share in the Aquafeed market?
  • What factors are anticipated to drive the Aquafeed market?

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