Shrimp Feed Global Market Report 2026

Shrimp feed comprises specialized diets tailored to fulfill the nutritional needs of cultivated shrimp. These formulations typically incorporate a well-balanced combination of proteins, carbohydrates, fats, vitamins, and minerals, aimed at promoting optimal shrimp growth, health, and reproduction.

The primary categories of shrimp feed include starter grade, grower grade, finisher grade, and specialized shrimp feed. Starter-grade feed is designed specifically for young shrimp during their initial developmental stages. It caters to various shrimp species such as Pacific whiteleg shrimp, black tiger shrimp, among others. Ingredients commonly found in these feeds include fish meal, plant-based feeds, soybean meal, wheat-based feeds, corn-based feeds, and others. Additionally, additives such as vitamins, proteins, antioxidants, antibiotics, fatty acids, and feed enzymes are often incorporated.

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 affecting the shrimp feed market by increasing costs of imported fish meal, soybean meal, feed additives, and processing equipment used in commercial feed production. Shrimp farming regions in Asia-Pacific and Latin America are most impacted due to reliance on imported raw materials, while feed exporters face pricing pressure in international markets. These tariffs are increasing feed costs and affecting farm profitability. However, they are also accelerating the use of alternative protein sources, promoting local ingredient sourcing, and encouraging innovation in sustainable feed formulations.

The shrimp feed market research report is one of a series of new reports from The Business Research Company that provides shrimp feed market statistics, including shrimp feed industry global market size, regional shares, competitors with a shrimp feed market share, detailed shrimp feed market segments, market trends and opportunities, and any further data you may need to thrive in the shrimp feed industry. This shrimp feed 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 shrimp feed market size has grown strongly in recent years. It will grow from $4.79 billion in 2025 to $5.1 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to expansion of shrimp aquaculture farming, increasing global shrimp consumption, availability of commercial feed formulations, growth of export-oriented shrimp farming, adoption of formulated aquafeeds.

The shrimp feed market size is expected to see strong growth in the next few years. It will grow to $6.36 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to improving feed digestibility technologies, rising focus on sustainable aquaculture practices, expansion of intensive shrimp farming systems, growing demand for antibiotic-free feeds, advancements in feed processing techniques. Major trends in the forecast period include development of nutrient-enriched shrimp feed, rising use of plant-based feed ingredients, growing adoption of species-specific feed formulations, expansion of functional feed additives, enhanced focus on feed conversion efficiency.

The increasing demand for seafood is expected to propel the growth of the shrimp feed market going forward. Seafood refers to edible aquatic animals and plants harvested from freshwater or saltwater environments for human consumption. The rising demand for seafood is driven by growing health consciousness, cultural dietary preferences, convenience, sustainability considerations, and globalization of food supply chains. High-quality shrimp feed plays a critical role in supporting the sustainable expansion of shrimp aquaculture by improving feed efficiency, promoting shrimp health, and minimizing environmental impact, thereby helping meet rising global seafood demand while preserving aquatic ecosystems. For instance, in June 2024, according to the Food and Agriculture Organization of the United Nations (FAO), global fisheries and aquaculture production reached 223.2 million tonnes in 2022. Aquatic animal production is projected to increase by 10% by 2032, reaching 205 million tonnes, while apparent consumption is expected to rise by 12% to an average of 21.3 kg per capita by 2032. Therefore, the increasing demand for seafood is driving the growth of the shrimp feed market.

Major companies operating in the shrimp feed market are focusing on developing innovative products, such as functional shrimp feed, to enhance feed efficiency, shrimp health, and sustainability. Functional shrimp feed refers to specialized diets formulated not only to meet basic nutritional requirements but also to improve growth performance, strengthen immunity, and increase resistance to diseases. These feeds often contain functional additives that provide benefits beyond conventional nutrition. For instance, in May 2024, Skretting, a Norway-based aquafeed producer, launched Armis, a functional shrimp feed designed to improve shrimp resilience under challenging farming conditions. The feed was developed specifically for shrimp farmers in India and addresses issues caused by parasites such as Enterocytozoon hepatopenaei (EHP) and other common shrimp diseases, helping safeguard farm productivity and performance.

In June 2025, IFB Agro Industries Ltd., an India-based provider of aqua-feed products, acquired the commercial shrimp and freshwater fish feed business of Cargill India Pvt. Ltd. for an undisclosed amount. Through this acquisition, IFB Agro aims to strengthen its aquaculture feed portfolio by integrating Cargill India's feed formulations, manufacturing facilities, and operational expertise. Cargill India Pvt. Ltd. is an India-based company that supplies commercial compound shrimp and freshwater fish feed along with related production assets.

Major companies operating in the shrimp feed market are Cargill Incorporated, The Archer-Daniels-Midland Company, Tongwei Co Ltd, Evonik Industries AG, Charoen Pokphand Food Public Company Limited, Nutreco Holding N.V., Novozymes AS, Alltech Inc., Virbac Corp, Guangdong Yuehai Feeds Group Co Ltd, Ridley Corporation, Avanti Feeds Ltd, Aller Aqua A/S, Rangen Inc, Zeigler Bros Inc, BioMar Ltd, INVE Aquaculture, Growel Feeds Pvt. Ltd, Blue Aqua International Pte Ltd, Bern Aqua NV, ACI Godrej Agrovet Pvt, Guangdong Evergreen Feed Industry Co. Ltd., Thai Union Feedmill Public Company Limited

Asia-Pacific was the largest region in the shrimp feed market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the shrimp feed 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 shrimp feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The shrimp feed market consists of sales of formulated feeds, pelleted feeds, extruded feeds, organic feeds, and natural feeds. 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.

Shrimp Feed 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 shrimp feed 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 shrimp feed ? 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 shrimp feed 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: Starter Grade; Grower Grade; Finisher Grade
• 2) By Shrimp Species: Pacific Whiteleg Shrimp; Black Tiger Shrimp; Other Shrimp Species
• 3) By Ingredients: Fish-Meal Based Feeds; Plant-Based Feeds; Soybean-Meal Based Feeds; Wheat-Based Feeds; Corn-Based Feeds; Other Ingredients
• 4) By Additives: Vitamins And Proteins; Antioxidants; Antibiotics; Fatty Acids; Feed Enzymes; Other Additives
• Subsegments:
• 1) By Starter Grade: High-Protein Starter Feed; Nutrient-Rich Starter Pellets; Crumble Feed For Early Stage Shrimp; Liquid Starter Feeds; Specialized Starter Feed For Specific Shrimp Species
• 2) By Grower Grade: Growth-Promoting Shrimp Feed; Medium-Protein Grower Pellets; Feed With Enhanced Digestibility; Formulated Grower Feed With Essential Nutrients; Grower Feed With Omega-3 Fatty Acids
• 3) By Finisher Grade: High-Energy Finisher Feed; Low-Protein Finisher Pellets; Finisher Feed With Antioxidants And Color Enhancers; Specialized Finisher Feed For Market-Ready Shrimp; Slow-Release Nutrient Finisher Feed
• Companies Mentioned: Cargill Incorporated; The Archer-Daniels-Midland Company; Tongwei Co Ltd; Evonik Industries AG; Charoen Pokphand Food Public Company Limited; Nutreco Holding N.V.; Novozymes AS; Alltech Inc.; Virbac Corp; Guangdong Yuehai Feeds Group Co Ltd; Ridley Corporation; Avanti Feeds Ltd; Aller Aqua A/S; Rangen Inc; Zeigler Bros Inc; BioMar Ltd; INVE Aquaculture; Growel Feeds Pvt. Ltd; Blue Aqua International Pte Ltd; Bern Aqua NV; ACI Godrej Agrovet Pvt; Guangdong Evergreen Feed Industry Co. Ltd.; Thai Union Feedmill Public Company Limited
• 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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