Learn about the global aquafeed market through The Business Research Company, which provides information on aquafeed market size, aquafeed market drivers and restraints, aquafeed market players, the COVID-19 impact on the aquafeed market, and more.

The global aquafeed market size is expected to grow from $75.55 billion in 2021 to $82.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The global aquafeed market size is expected to grow to $110.09 billion in 2026 at a CAGR of 7.6%.

Increasing seafood consumption is expected to propel the growth of the aquafeed market.

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The aquafeed market consists of sales of aquafeed by entities (organizations, sole traders, and partnerships) that refer to the feed for aquatic organisms as part of aquaculture. Aquatic feed is a complex mixture of ingredients designed to fulfill the nutritional requirements. The growth, health and reproduction of fish and other aquatic animals are primarily dependent upon an adequate supply of nutrient, both in terms of quantity and quality, irrespective of the culture system in which they are grown.

Global Aquafeed Market Segments Include:

By Additive: Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders

By Form: Dry Form, Wet Form, Moist Form

By Distribution Channel: Direct Sales, Indirect Sales, Hypermarket/Supermarket, Wholesalers, Online, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the aquafeeds market in 2021.

Technological advancement is a key trend gaining popularity in the aquafeed market. The companies operating in the aquafeed market are focusing on developing innovative products with better nutrition and improved feed conversion.

TBRC’s aquafeed market report covers:

Major Market Players: Archer Daniels Midland Company, Alltech Inc, Purina Animal Nutrition, Ridley Corp Ltd, Nutreco N.V, Aller Aqua A/S, Biomar A/S, Beneo GmbH, Biomin GmbH, Coppens International B.V, Nutriad, De Heus, Biostadt India Limited, Dibaq Aquaculture, Evonik Industries, SONAC, Marubeni Nisshin Feed Co., Ltd, Japfa Comfeed, Cpf Plc, Growel Feeds, and Sonac.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Aquafeed Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides aquafeed market overviews, analyzes and forecasts market size, share, aquafeed market players, aquafeed market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s aquafeed market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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