Aquafeed Global Market Report 2026

Aquafeed is the essential sustenance given to aquatic creatures reared for consumption in aquaculture. For optimal growth and health, fish, whether cultivated or wild, require a well-balanced combination of crucial elements such as vitamins, fatty acids, and amino acids. Comprising specific lipids, vitamins, minerals, and amino acids, which serve as protein's foundational building blocks, aquafeed integrates a range of constituents such as fishmeal, fish oil, plant-based sources, and animal trimmings to ensure the necessary nutrients for aquatic organisms.

Aquafeed comprises various types of essential nutrients such as vitamins, antioxidants, amino acids, enzymes, acidifiers, and binders, available in dry, wet, or moist forms. These products are distributed through diverse channels, including direct sales, indirect sales, hypermarkets, supermarkets, wholesalers, online platforms, and other retail avenues.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported feed ingredients such as fishmeal, fish oil, amino acids, and specialized additives are raising production costs for aquafeed manufacturers, particularly in Asia-Pacific, Europe, and Latin America where reliance on foreign inputs is high. Segments like amino acids, enzymes, antioxidants, and binders are most affected due to global sourcing dependencies. While tariffs contribute to higher operating expenses and reduced pricing competitiveness, they also encourage domestic production of plant-based ingredients and additive manufacturing, creating new opportunities for local suppliers to strengthen regional feed supply chains.

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

The aquafeed market size has grown strongly in recent years. It will grow from $72.53 billion in 2025 to $76.79 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growing aquaculture production globally, rising consumption of seafood, increased use of traditional fishmeal-based feeds, expanding availability of basic feed additives, rising adoption of commercial aquafeed in developing regions.

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.

The expansion of aquaculture is expected to drive 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 like ponds, tanks, or ocean enclosures for commercial purposes. Aquaculture relies on aquafeed to supply essential nutrients, proteins, and energy needed for the optimal growth and health of farmed aquatic organisms. For example, in 2024, according to the NSW Government, an Australia-based administrative authority, Australia's fisheries exports experienced a modest increase of 2.4%, reaching $1.34 billion in 2023-24. Therefore, the expansion of aquaculture is fueling the growth of the aquafeed market.

Major players in the aquafeed market are prioritizing product innovation, such as the development of omega-3 dry powder, to elevate the nutritional quality and health advantages of feed for farmed aquatic species, promoting their growth and sustainability. Omega-3 dry powder typically contains concentrated omega-3 fatty acids derived from fish oil or algae, serving as a nutritional supplement in various food products, including aquafeed. This supplement enhances health benefits in aquatic organisms. MiAlgae, a US-based biotech company, introduced NaturAlgae in April 2023, a dry powder rich in DHA and other oils. This product serves as an ingredient in aquafeeds, offering the well-known health benefits of omega-3. Additionally, it serves as a component in fish feeds and pet foods, reducing the reliance on wild-caught fish, the conventional source of omega-3.

In July 2024, Akva Group, a Norway-based provider of solutions and services for aquaculture, acquired Observe Technologies for an undisclosed sum. Acquiring 100 percent of Observe is strategically important for AKVA, allowing the company to broaden and enhance its digital offerings. This merger enables AKVA to deliver a comprehensive digital solution that enhances precision in fish farming. Observe Technologies is a UK-based company that utilizes artificial intelligence to offer feeding solutions for the aquaculture sector.

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.

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 the aquafeed market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aquafeed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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.

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.

Aquafeed Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses aquafeed market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for aquafeed ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The aquafeed market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered: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
• Companies Mentioned: 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.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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