Krill Meal Market Report 2026

Krill Meal Market Overview

• Krill Meal market size has reached to $1.38 billion in 2025 • Expected to grow to $1.84 billion in 2030 at a compound annual growth rate (CAGR) of 5.9% • Growth Driver: ising Pet Food Industry Fuels Growth In Krill Meal Market • Market Trend: Major Companies Embrace Plant-Based Alternatives To Meet Growing Health And Sustainability Demands • Asia-Pacific was the largest region in 2025.

What Is Covered Under Krill Meal Market?

Krill meal is a high-protein feed ingredient made from small, shrimp-like crustaceans harvested primarily from the Antarctic Ocean. It is rich in omega-3 fatty acids, proteins, antioxidants, and essential nutrients. Due to its nutritional benefits, krill meal is primarily used in aquaculture and animal feed to enhance growth and health in fish, shrimp, and livestock. The main types of krill meal are whole krill meal and de-oiled krill meal. Whole krill meal is made by grinding entire krill, a small crustacean, into a powder or meal form without removing any oil or components. The sources are Antarctic krill and others. It comes in different forms, such as frozen, dried, and pelletized. The distribution channels include direct sales and distributors and are used in various applications such as aquaculture, livestock feed, pet food, pharmaceuticals, and others.

What Is The Krill Meal Market Growth Forecast?

The krill meal market size is expected to see strong growth in the next few years. It will grow to $1.84 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing demand for sustainable aquafeed solutions, rising focus on fish health and growth performance, expansion of pet nutrition markets, growing regulatory focus on sustainable fishing, increasing innovation in marine protein processing. Major trends in the forecast period include increasing use of krill meal in aquaculture feed, rising demand for omega-3 rich feed ingredients, growing focus on sustainable marine sourcing, expansion of high-protein animal nutrition solutions, enhanced processing techniques for krill meal.

Global Krill Meal Market Segmentation

1) By Type: Whole Krill Meal, De-oiled Krill Meal 2) By Source: Antarctic Krill, Other Krill Species 3) By Form: Frozen, Dried, Pelletized 4) By Distribution Channel: Direct Sales, Distributors 5) By Application: Aquaculture, Livestock Feed, Pet Food, Pharmaceuticals, Other Applications Subsegments: 1) By High-Protein Whole Krill Meal: Whole Krill Meal For Animal Feed, Whole Krill Meal For Aquaculture, Whole Krill Meal For Pet Food 2) By De-oiled Krill Meal: High-Protein De-oiled Krill Meal, Low-Fat De-oiled Krill Meal, De-oiled Krill MealFor Animal Feed, De-oiled Krill Meal For Aquaculture, De-oiled Krill Meal For Nutritional Supplements

What Is The Driver Of The Krill Meal Market?

The growing pet food industry is expected to propel the growth of the krill meal market going forward. The pet food industry encompasses the production, distribution, and sale of various food products designed for pets, including dogs, cats, birds, and other domestic animals. The pet food industry is attributed to increasing pet ownership, the humanization of pets, rising awareness of pet nutrition, and the demand for premium and specialized pet food products. Krill meal helps the pet food industry by providing a high-quality source of protein, omega-3 fatty acids, and essential nutrients that support pet health, particularly skin, coat, and joint health, while also enhancing the palatability of pet food products. For instance, in May 2025, according to Petfood Industry, a US-based trade publication covering the pet nutrition sector, the platform reported that global pet food production reached 37.692 million metric tons in 2024, representing a 4.5% increase over 2023. Therefore, the growing pet food industry is driving the krill meal industry.

What Is The Driver Of The Krill Meal Market?

The growing pet food industry is expected to propel the growth of the krill meal market going forward. The pet food industry encompasses the production, distribution, and sale of various food products designed for pets, including dogs, cats, birds, and other domestic animals. The pet food industry is attributed to increasing pet ownership, the humanization of pets, rising awareness of pet nutrition, and the demand for premium and specialized pet food products. Krill meal helps the pet food industry by providing a high-quality source of protein, omega-3 fatty acids, and essential nutrients that support pet health, particularly skin, coat, and joint health, while also enhancing the palatability of pet food products. For instance, in May 2025, according to Petfood Industry, a US-based trade publication covering the pet nutrition sector, the platform reported that global pet food production reached 37.692 million metric tons in 2024, representing a 4.5% increase over 2023. Therefore, the growing pet food industry is driving the krill meal industry.

Global Krill Meal Market Trends and Insights

Major companies operating in the kosher food market focus on innovative products, such as plant-based alternatives, to cater to the growing demand for health-conscious and environmentally friendly options while adhering to strict kosher guidelines. Plant-based kosher foods are products that adhere to kosher dietary laws while mimicking the taste and texture of animal-based foods using only plant ingredients. For instance, in May 2024, Tofurky, a US-based producer of plant-based meat substitutes, launched next-generation plant-based Deli Slices. The roasts are pre-seasoned, ready to heat and serve, and provide a convenient plant-based alternative for kosher consumers seeking to reduce meat consumption. The new products expand Tofurky's existing kosher plant-based offerings, including deli slices, sausages, and grounds.

What Are Latest Mergers And Acquisitions In The Krill Meal Market?

In July 2024, American Industrial Partners (AIP), a US-based financial services firm, acquired Aker BioMarine for an undisclosed amount. This acquisition strengthens AIP's maritime expertise and expands its presence in the growing aquaculture sector, positioning the company to accelerate the global advancement of krill-based solutions in aquaculture, animal health, and sustainability. Aker BioMarine is a Norway-based biotechnology research company that provides krill-based products and ingredients.

Regional Outlook

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

What Defines the Krill Meal Market?

The krill meal market consists of sales of krill oil, krill powder, and krill protein concentrate. 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 Krill Meal Market Report 2026?

The krill meal 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 krill meal 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.