수산 사료 시장 보고서 : 어종별, 원료별, 첨가제별, 제품 형태별, 지역별(2025-2033년)

The global aquafeed market size reached USD 183.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 376.0 Billion by 2033, exhibiting a growth rate (CAGR) of 7.46% during 2025-2033. The rising global seafood demand, significant advancements in sustainable aquaculture practices, innovations in feed formulations, government support for aquaculture development, and increasing investments in research for production efficiency are some of the major factors driving the growth of the market.

Aquafeed Market Analysis:

• Major Market Drivers: The increasing global demand for seafood, propelled by population growth and rising health consciousness represents the major driver of the market. Advancements in aquaculture practices, such as sustainable farming techniques, enhance the need for specialized feed to optimize growth rates and improve fish health.
• Key Market Trends: The rising shift towards sustainable and environmentally friendly feed ingredients represents the key trend of the market. There is a growing emphasis on reducing the environmental impact of aquaculture using alternative protein sources like insect meat and algae.
• Geographical Trends: Asia Pacific accounts for the largest region in the aquafeed market growth. The growing seafood demand, expanding aquaculture industry, government support for sustainable practices, and advancements in feed technology are driving the growth of the market across the Asia Pacific region.
• Competitive Landscape: The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
• Challenges and Opportunities: The market faces various challenges including fluctuating raw material prices, environmental concerns regarding fish farming, and the need for sustainable feed ingredients. However, the market also faces several opportunities such as technological advancements in feed production, including the use of alternative proteins like insect meal and algae, which reduce reliance on traditional fishmeal.

Aquafeed Market Trends:

Rising Global Seafood Demand

The increasing population and growing health consciousness boost the demand for seafood, thus driving the need for efficient and high-quality aquafeed. According to the data from the United Nations report, the world's population is more than three times larger than it was in the mid-twentieth century. The global human population reached 8.0 billion in mid-November 2022 from an estimated 2.5 billion people in 1950, adding 1 billion people since 2010 and 2 billion since 1998. The world's population is expected to increase by nearly 2 billion persons in the next 30 years, from the current 8 billion to 9.7 billion in 2050 and could peak at nearly 10.4 billion in the mid-2080s. This is further influencing the aquafeed market statistics significantly.

Advancements in Aquaculture Practices

Innovations in sustainable farming techniques and feed formulations enhance production efficiency, fish growth, and health, propelling market growth. For instance, in July 2023, The Kerala University of Fisheries and Ocean Studies (Kufos) launched an experimental project to produce fish meal from organic waste. The project aims to produce the protein required for fish feed from organic waste using black soldier fly larvae. Organic waste will be separated at the source for the purpose. Similarly, in March 2024, SalMar launched an ambitious innovation and R&D initiative, Salmon Living Lab, calling upon industry leaders, NGOs, academia, and other people who live by and with salmon to come together to share and learn. Cargill has been the first partner to sign up. This is likely to fuel the aquafeed market forecast over the coming years.

Government Support and Investment

Government initiatives supporting aquaculture development and increased investments in research and development foster market expansion and innovation. For instance, the study, Fish Consumption in India: Patterns and Trends, unveiled by the Indian Council of Agricultural Research, Ministry of Agriculture and Farmers' Welfare, Government of India, and WorldFish also found that 72.1% of the Indian population, equivalent to 967 million individuals, incorporate fish into their diet. The study used primary data from various Government sources, including National Family Health Survey reports, over the last 15 years. The research was conducted as a collaborative effort of the Indian Council of Agricultural Research (ICAR) and WorldFish, along with the International Food Policy Research Institute, Government of India institutions, including the National Fisheries Development Board of the Ministry of Fisheries, Animal Husbandry & Dairying and the Marine Products Export Development Authority, and other leading organizations.

Aquafeed Market Segmentation:

Breakup by Species:

• Carps
• Marine Shrimps
• Tilapias
• Catfishes
• Marine Fishes
• Salmons
• Freshwater Crustaceans
• Trout
• Others

Carps accounts for the majority of the market share

Carps are omnivorous and can adapt to a variety of feed types. Their aquafeed often includes plant-based ingredients like soybean meal, along with a moderate amount of protein and fats. Tilapia feed is generally plant-based with a balanced protein-to-fat ratio. Ingredients like corn, wheat, and soybean meal are common, and the protein content is usually moderate to match their herbivorous dietary needs. For instance, in February 2024, Aquasoja unveiled a new feed for tilapia and carp. The new aquafeed fulfills the nutritional requirements of both species, maintaining a focus on high-quality protein ingredients and fish health conditions.

Breakup by Ingredients:

• Soybean
• Corn
• Fish Meal
• Fish Oil
• Additives
• Others

Soybean holds the largest share of the industry

Soybean is a widely used plant-based protein source that is driving the market segment. It is rich in essential amino acids and is often included as an alternative or supplement to fishmeal. It is highly digestible and commonly used in feeds for herbivorous and omnivorous fish. Fish meal is made from processed fish or fish waste and is a high-quality source of animal protein and essential amino acids. It is commonly used in feeds for carnivorous and omnivorous fish, such as salmon and trout.

Breakup by Additives:

• Vitamins and Minerals
• Antioxidants
• Feed Enzymes
• Others

Vitamins and minerals represents the leading market segment

Vitamins and minerals are essential nutrients that are added to aquafeed to promote health, growth, and development. Vitamins like A, D, and E, and minerals like zinc and selenium, are often included. These are crucial for metabolic processes, immune function, and bone development. Feed enzymes, such as protease, amylase, and phytase, are added to improve the digestibility of nutrients. They help break down complex molecules like proteins, carbohydrates, and phytate, thereby enhancing nutrient absorption and reducing waste.

Breakup by Product Form:

• Pellets
• Extruded
• Powdered
• Liquid

Pellets exhibits a clear dominance in the market

Pelleted feed is made by compressing a mixture of ingredients into small, cylindrical shapes. These pellets are easy to handle and can be made to float or sink, depending on the feeding habits of the species. Pellets are often used for larger fish and come in various sizes to match the size of the fish being farmed. Liquid feeds are nutrient-rich solutions used primarily for larval stages and filter-feeding species. They can be administered directly into the water or applied to another feed substrate. Liquid feeds are easier for small aquatic species to consume.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
• Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others

Asia Pacific leads the market, accounting for the largest aquafeed market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates, and others). According to the report, Asia Pacific represents the largest regional market for aquafeed.

The increasing seafood consumption is driving the market growth across the Asia Pacific region. This is primarily due to population growth and rising health awareness, which is boosting the growth of the market. The rapid expansion of aquaculture industries in countries like China, India, and Vietnam boosts the demand for high-quality feed. Favorable government initiatives supporting sustainable aquaculture practices and substantial investments in research and development (R&D) further fuel market growth. Advancements in feed technology and the adoption of alternative protein sources like insect meal and algae enhance production efficiency and sustainability.

Competitive Landscape:

• The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
• The competitive landscape of the aquafeed market is highly competitive with major players such as Nutreco, Cargill, and Alltech dominating. These players focus on innovative feed formulation and sustainable practices to maintain their market position. Emerging players like Biomar and Skretting are gaining traction through advanced research and development (R&D) and regional expansion. For instance, in February 2023, Norway-based global leader in aquafeed and nutrition, Skretting inaugurated its state-of-the-art aquafeed factory in Mangrol, Surat, Gujarat on India's west coast. The new facility will further enhance its support for customers and the Indian aquaculture sector. Skretting is the global aquafeed division of Nutreco.

Key Questions Answered in This Report

• 1.What was the size of the global aquafeed market in 2024?
• 2.What is the expected growth rate of the global aquafeed market during 2025-2033?
• 3.What are the key factors driving the global aquafeed market?
• 4.What has been the impact of COVID-19 on the global aquafeed market?
• 5.What is the breakup of the global aquafeed market based on the species?
• 6.What is the breakup of the global aquafeed market based on the ingredients?
• 7.What is the breakup of the global aquafeed market based on the additives?
• 8.What is the breakup of the global aquafeed market based on the product form?
• 9.What are the key regions in the global aquafeed market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Aquafeed Industry

• 5.1 Market Overview
• 5.2 Market Performance
  • 5.2.1 Volume Trends
  • 5.2.2 Value Trends
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Region
• 5.5 Market Breakup by Species
• 5.6 Market Breakup by Ingredients
• 5.7 Market Breakup by Additives
• 5.8 Market Breakup by Product Form
• 5.9 Market Forecast
• 5.10 SWOT Analysis
  • 5.10.1 Overview
  • 5.10.2 Strengths
  • 5.10.3 Weaknesses
  • 5.10.4 Opportunities
  • 5.10.5 Threats
• 5.11 Value Chain Analysis
  • 5.11.1 Overview
  • 5.11.2 Research and Development
  • 5.11.3 Raw Material Procurement
  • 5.11.4 Manufacturing
  • 5.11.5 Distribution
  • 5.11.6 Export
  • 5.11.7 End-Use
• 5.12 Porters Five Forces Analysis
  • 5.12.1 Overview
  • 5.12.2 Bargaining Power of Buyers
  • 5.12.3 Bargaining Power of Suppliers
  • 5.12.4 Degree of Rivalry
  • 5.12.5 Threat of New Entrants
  • 5.12.6 Threat of Substitutes
• 5.13 Price Analysis
  • 5.13.1 Key Price Indicators
  • 5.13.2 Price Structure
  • 5.13.3 Price Trends

6 Market Breakup by Region

• 6.1 North America
  • 6.1.1 United States
    • 6.1.1.1 Market Trends
    • 6.1.1.2 Market Forecast
  • 6.1.2 Canada
    • 6.1.2.1 Market Trends
    • 6.1.2.2 Market Forecast
• 6.2 Asia Pacific
  • 6.2.1 China
    • 6.2.1.1 Market Trends
    • 6.2.1.2 Market Forecast
  • 6.2.2 Japan
    • 6.2.2.1 Market Trends
    • 6.2.2.2 Market Forecast
  • 6.2.3 India
    • 6.2.3.1 Market Trends
    • 6.2.3.2 Market Forecast
  • 6.2.4 South Korea
    • 6.2.4.1 Market Trends
    • 6.2.4.2 Market Forecast
  • 6.2.5 Australia
    • 6.2.5.1 Market Trends
    • 6.2.5.2 Market Forecast
  • 6.2.6 Indonesia
    • 6.2.6.1 Market Trends
    • 6.2.6.2 Market Forecast
  • 6.2.7 Others
    • 6.2.7.1 Market Trends
    • 6.2.7.2 Market Forecast
• 6.3 Europe
  • 6.3.1 Germany
    • 6.3.1.1 Market Trends
    • 6.3.1.2 Market Forecast
  • 6.3.2 France
    • 6.3.2.1 Market Trends
    • 6.3.2.2 Market Forecast
  • 6.3.3 United Kingdom
    • 6.3.3.1 Market Trends
    • 6.3.3.2 Market Forecast
  • 6.3.4 Italy
    • 6.3.4.1 Market Trends
    • 6.3.4.2 Market Forecast
  • 6.3.5 Spain
    • 6.3.5.1 Market Trends
    • 6.3.5.2 Market Forecast
  • 6.3.6 Russia
    • 6.3.6.1 Market Trends
    • 6.3.6.2 Market Forecast
  • 6.3.7 Others
    • 6.3.7.1 Market Trends
    • 6.3.7.2 Market Forecast
• 6.4 Latin America
  • 6.4.1 Brazil
    • 6.4.1.1 Market Trends
    • 6.4.1.2 Market Forecast
  • 6.4.2 Mexico
    • 6.4.2.1 Market Trends
    • 6.4.2.2 Market Forecast
  • 6.4.3 Argentina
    • 6.4.3.1 Market Trends
    • 6.4.3.2 Market Forecast
  • 6.4.4 Colombia
    • 6.4.4.1 Market Trends
    • 6.4.4.2 Market Forecast
  • 6.4.5 Chile
    • 6.4.5.1 Market Trends
    • 6.4.5.2 Market Forecast
  • 6.4.6 Peru
    • 6.4.6.1 Market Trends
    • 6.4.6.2 Market Forecast
  • 6.4.7 Others
    • 6.4.7.1 Market Trends
    • 6.4.7.2 Market Forecast
• 6.5 Middle East and Africa
  • 6.5.1 Turkey
    • 6.5.1.1 Market Trends
    • 6.5.1.2 Market Forecast
  • 6.5.2 Saudi Arabia
    • 6.5.2.1 Market Trends
    • 6.5.2.2 Market Forecast
  • 6.5.3 Iran
    • 6.5.3.1 Market Trends
    • 6.5.3.2 Market Forecast
  • 6.5.4 United Arab Emirates
    • 6.5.4.1 Market Trends
    • 6.5.4.2 Market Forecast
  • 6.5.5 Others
    • 6.5.5.1 Market Trends
    • 6.5.5.2 Market Forecast

7 Market Breakup by Species

• 7.1 Carps
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Marine Shrimps
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Tilapias
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Catfishes
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Marine Fishes
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Salmons
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Freshwater Crustaceans
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast
• 7.8 Trout
  • 7.8.1 Market Trends
  • 7.8.2 Market Forecast
• 7.9 Others
  • 7.9.1 Market Trends
  • 7.9.2 Market Forecast

8 Market Breakup by Ingredients

• 8.1 Soybean
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Corn
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Fish Meal
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Fish Oil
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Additives
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Others
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast

9 Market Breakup by Additives

• 9.1 Vitamins and Minerals
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Antioxidants
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Feed Enzymes
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Others
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast

10 Market Breakup by Product Form

• 10.1 Pellets
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Extruded
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Powdered
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Liquid
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast

11 Competitive Landscape

• 11.1 Market Structure
• 11.2 Key Players
• 11.3 Key Player Profiles