Krill Meal Global Market Report 2026

Krill meal is a high-protein feed ingredient derived from small, shrimp-like crustaceans primarily harvested from the Antarctic Ocean. It is rich in omega-3 fatty acids, proteins, antioxidants, and essential nutrients. Due to its nutritional advantages, krill meal is mainly used in aquaculture and animal feed to promote 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 produced by grinding entire krill into a powder or meal form without removing any oil or components. Its sources include Antarctic krill among others. It is available in various forms such as frozen, dried, and pelletized. Distribution channels include direct sales and distributors, and its applications span aquaculture, livestock feed, pet food, pharmaceuticals, and more.

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 are impacting the krill meal market by increasing costs associated with cross-border trade of marine feed ingredients, particularly affecting exports from Antarctic harvesting regions to Asia-Pacific and Europe. Aquaculture and pet food manufacturers face higher input costs due to duties on processed krill products and logistics constraints. These tariffs are influencing pricing strategies and procurement planning across the feed value chain. However, they are also encouraging regional processing investments, localized distribution networks, and improved efficiency in krill harvesting and meal production.

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

The krill meal market size has grown strongly in recent years. It will grow from $1.38 billion in 2025 to $1.46 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growth of aquaculture production worldwide, rising awareness of omega-3 benefits, established krill harvesting operations, increasing use of marine-based feed ingredients, expansion of premium animal feed segments.

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.

The expanding pet food industry is anticipated to drive the growth of the krill meal market in the coming years. The pet food industry includes the manufacturing, distribution, and commercialization of a wide range of food products formulated for pets such as dogs, cats, birds, and other domesticated animals. Growth in the pet food industry is driven by rising pet ownership, increasing pet humanization, greater awareness of pet nutrition, and a growing preference for premium and specialized pet food offerings. Krill meal supports the pet food industry by delivering a high-quality source of protein, omega-3 fatty acids, and essential nutrients that promote overall pet health, especially skin, coat, and joint health, while also improving the taste appeal of pet food products. For instance, in May 2025, according to Petfood Industry, a US-based trade publication focused on pet nutrition, global pet food production reached 37.692 million metric tons in 2024, marking a 4.5% increase compared to 2023. Hence, the expansion of the pet food industry is fueling the growth of the krill meal market.

Leading companies operating in the kosher food market are emphasizing product innovation, such as plant-based alternatives, to meet the rising demand for health-focused and environmentally sustainable options while complying with strict kosher regulations. Plant-based kosher foods are products that follow kosher dietary requirements while replicating the taste and texture of animal-based foods using exclusively plant-derived ingredients. For example, in May 2024, Tofurky, a US-based manufacturer of plant-based meat alternatives, introduced next-generation plant-based Deli Slices. The roasts come pre-seasoned, are ready to heat and serve, and offer a convenient plant-based option for kosher consumers aiming to reduce meat intake. These new products broaden Tofurky's existing range of kosher plant-based offerings, which includes deli slices, sausages, and grounds.

In July 2024, American Industrial Partners (AIP), a U.S.-based financial services firm, acquired Aker BioMarine for an undisclosed sum. This acquisition enhances AIP's maritime expertise and expands its footprint in the growing aquaculture sector. It positions AIP to advance the global development of krill-based solutions in aquaculture, animal health, and sustainability. Aker BioMarine, based in Norway, specializes in biotechnology research and provides krill-based products and ingredients.

Major companies operating in the krill meal market are Orkla Group, Daesang Corporation, BioMar Group A/S, Shandong Luhua Group Co. Ltd., TripleNine Group, Aker BioMarine, KD Pharma Group, Nautika, Rimfrost, Superba, Neptune Krill, Colpex International, CYT INTERNATIONAL PTE LTD, Krill Canada Corporation, Norwegian Fish Oil AS, NWC Naturals Inc., Sirius Food, Tharos, Brio Foods, La Merced

Asia-Pacific was the largest region in the krill meal market in 2025. The regions covered in the krill meal market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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

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.

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.

Krill Meal 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 krill meal 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 krill meal ? 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 krill meal 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 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
• Companies Mentioned: Orkla Group; Daesang Corporation; BioMar Group A/S; Shandong Luhua Group Co. Ltd.; TripleNine Group; Aker BioMarine; KD Pharma Group; Nautika; Rimfrost; Superba; Neptune Krill; Colpex International; CYT INTERNATIONAL PTE LTD; Krill Canada Corporation; Norwegian Fish Oil AS; NWC Naturals Inc.; Sirius Food; Tharos; Brio Foods; La Merced
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Italy; Spain; Canada
• 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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