Global Aquafeed Market Size and CAGR of 6.71% Through 2033

Aquafeed Market Overview

The global aquafeed market size was valued at approximately USD 67.50 billion in 2024 and is projected to grow from USD 71.28 billion in 2025 to reach USD 112.27 billion by 2033, reflecting a CAGR of 6.71% during the forecast period (2025-2033). The growth of the market is attributed to escalating demand for seafood

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Aquafeed Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Aquafeed Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Aquafeed Market Segmentation

1. By Product Type

   1. Pellet Feed

   2. Extruded Feed

   3. Powder Feed

   4. Liquid Feed

2. By Species

   1. Fish (Salmon, Tilapia, Carp, Catfish, etc.)

   2. Crustaceans (Shrimp, Crab, etc.)

   3. Mollusks (oysters, mussels, etc.)

   4. Others

3. By Additives

   1. Amino Acids

   2. Vitamins & Minerals

   3. Probiotics & Prebiotics

   4. Enzymes

   5. Antioxidants

   6. Antibiotics

   7. Others

4. By Form

   1. Dry Feed

   2. Wet Feed

   3. Moist Feed

5. By Function

   1. Health Maintenance

   2. Digestibility Enhancement

   3. Palatability Enhancement

   4. Others

Aquafeed Market Key Players

1. Cargill

2. BioMar Group

3. Skretting

4. Alltech

5. Nutreco

6. Tongwei Co. Ltd.

7. Charoen Pokphand Foods

8. Avanti Feeds

9. Purina Animal Nutrition

10. Guangdong Haid Group

11. EWOS

12. Zeigler Bros. Inc.

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Key questions answered in the Aquafeed Market are:

1. How big is the Aquafeed market?

2. What is the expected size of Aquafeed market?

3. How much is the global Aquafeed market worth?

4. What is the Aquafeed market growth?

5. Which segment accounted for the largest Aquafeed market share?

6. What are the key Aquafeed market segments?

7. What was the value of the Aquafeed market in North America in 2024?

8. Which region held the largest share of the market?

9. What are the factors driving the Aquafeed market?

10. What are the leading key players in the Aquafeed market?

11. Who are the key players in Aquafeed market?

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