Aquafeed Market Report 2026

Aquafeed Market Overview

• Aquafeed market size has reached to $72.53 billion in 2025 • Expected to grow to $96.7 billion in 2030 at a compound annual growth rate (CAGR) of 5.9% • Growth Driver: Aquaculture Expansion Driving Growth In Aquafeed Market • Market Trend: Innovative Solutions Enhanced Nutrition And Sustainability In Aquafeed Market • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Aquafeed Market?

Aquafeed refers to any feed used to feed aquatic animals raised for food as part of aquaculture. For optimal growth, fish (both farmed and wild) need a well-balanced mixture of vital elements such vitamins, fatty acids, and amino acids. Aquafeed includes certain lipids, vitamins, minerals, and amino acids (which are the building blocks of protein). These are supplied by a variety of components found in the feed, including as fishmeal, fish oil, plants, and animal trimmings.The main types of aquafeed includeincludee vitamins, antioxidants, amino acids, enzymes, acidifiers, and binders in dry, wet, and moist form. These products are distributed through direct sales, indirect sales, hypermarkets, supermarkets, wholesalers, online, and others. The main types of aquafeed include vitamins, antioxidants, amino acids, enzymes, acidifiers, and binders in dry, wet, and moist form. These products are distributed through direct sales, indirect sales, hypermarkets, supermarkets, wholesalers, online, and others.

What Is The Aquafeed Market Growth Forecast?

The aquafeed market size is expected to see strong growth in the next few years. It will grow to $96.7 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rising demand for sustainable feed ingredients, growing shift toward alternative protein sources in aquafeed, increasing use of precision nutrition techniques, expanding adoption of functional additives for immunity, rising focus on optimized feed conversion ratios. Major trends in the forecast period include increasing demand for nutrient-dense aquafeed additives, growing preference for natural antioxidants and organic acidifiers, rising use of functional feed ingredients for disease prevention, expansion of specialized amino acid and enzyme blends for faster growth, greater focus on high-quality binders to improve feed stability.

Global Aquafeed Market Segmentation

1) By Additives: Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders 2) By Form: Dry Form, Wet Form, Moist Form 3) By Distribution Channel: Direct Sales, Indirect Sales, Hypermarket/supermarket, Wholesalers, Online, Other Distribution Channel Subsegments: 1) By Vitamins: Water-Soluble Vitamins, Fat-Soluble Vitamins 2) By Antioxidants: Synthetic Antioxidants, Natural Antioxidants 3) By Amino Acids: Essential Amino Acids, Non-Essential Amino Acids 4) By Enzymes: Proteases, Lipases, Amylases, Cellulases 5) By Acidifiers: Organic Acids, Inorganic Acids 6) By Binders: Natural Binders, Synthetic Binders

What Is Driver Of The Aquafeed Market?

The expansion of aquaculture is expected to propel the growth of the aquafeed market. Aquaculture refers to the farming or cultivation of aquatic organisms such as fish, shellfish, and aquatic plants in controlled environments such as ponds, tanks, or ocean enclosures for commercial purposes. Aquaculture uses aquafeed to provide essential nutrients, proteins, and energy required for the optimal growth and health of farmed aquatic organisms. For instance, in 2024, according to the The NSW Government, a Australia-based administrative authority, Australia’s fisheries exports recorded a slight increase of 2.4%, totaling $1.34 billion in 2023–24. Therefore, the expansion of aquaculture is driving the growth of the aquafeed industry.

Key Players In The Global Aquafeed Market

Major companies operating in the aquafeed market are Cargill Incorporated, Archer Daniels Midland Company, Marubeni Nisshin Feed Co. Ltd., Evonik Industries AG, Charoen Pokphand Foods Public Company Limited, Royal De Heus B.V., Nutreco N.V., ForFarmers N.V., PT Japfa Comfeed Indonesia Tbk, BioMar A/S, Adisseo, Alltech Inc., Ridley Corporation Limited, Skretting USA, Wilbur-Ellis Nutrition LLC, Purina Animal Nutrition LLC, Aller Aqua A/S, Biomin GmbH, Biostadt India Limited, Growel Feeds Private Limited, Norel Animal Nutrition, Sonac B.V., Coppens International B.V., EnviroFlight LLC, Beneo GmbH, Nutriad International NV, Dibaq Aquaculture S.L., Melick Aquafeed, Rangen Inc.

Global Aquafeed Market Trends and Insights

Major companies operating in the aquafeed market are focusing on product innovation, such as omega-3 dry powder, to enhance the nutritional value and health benefits of feed for farmed aquatic species, promoting growth and sustainability. Omega-3 dry powder typically consists of concentrated omega-3 fatty acids extracted from sources such as fish oil or algae and used as a nutritional supplement in various food products, including aquafeed, to promote health benefits in aquatic organisms. For instance, in April 2023, MiAlgae, a US-based biotech company, launched NaturAlgae, an omega-3 product. It is a dry powder with a high concentration of DHA and other oils that can be added to recipes for aquafeeds, providing the well-known health benefits that omega-3 provides, and it can be used as a fish feed and pet food ingredient. With this innovation, companies can reduce their global reliance on wild-caught fish, the traditional source of omega-3.

What Are Latest Mergers And Acquisitions In The Aquafeed Market? AKVA Group Expands Digital Capabilities In Aquaculture With Acquisition Of Observe Technologies

In July 2024, Akva Group, a Norway-based provider of solutions and services to aquaculture, acquired Observe Technologies for an undisclosed amount. Acquiring 100 percent of Observe is strategically significant for AKVA, enabling the company to expand and enhance its digital offerings. This merger allows AKVA to provide a comprehensive digital solution that improves precision in fish farming. Observe Technologies is a UK-based company using artificial intelligence to provide feeding solutions for the aquaculture industry.

Regional Outlook

Asia-Pacific was the largest region in the aquafeeds market in 2025. North America is expected to have the highest CAGR in aquafeeds market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Aquafeed Market?

The aquafeed market consists of sales of bloodworms, mealworms, blackworms, tubifex. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Aquafeed Market Report 2026?

The aquafeed market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the aquafeed industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.