Aquaculture Feed Market Report 2026

The aquaculture feed market size has grown strongly in recent years. It will grow from $66.17 billion in 2025 to $70.73 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to expansion of commercial aquaculture farming, rising global seafood consumption, increasing reliance on formulated feed, growth of intensive fish farming practices, improved feed manufacturing technologies.

The aquaculture feed market size is expected to see strong growth in the next few years. It will grow to $94.87 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing focus on sustainable aquaculture practices, rising demand for plant-based and insect-based feed ingredients, expansion of precision feeding techniques, growing investments in aquaculture nutrition research, increasing adoption of digital feed management systems. Major trends in the forecast period include increasing adoption of nutritionally balanced aquafeed formulations, rising use of alternative protein ingredients, growing demand for species-specific feed solutions, expansion of high-efficiency extruded feed products, enhanced focus on feed digestibility and conversion rates.

Increasing aquaculture production is expected to propel the growth of the aquaculture feed market going forward. Aquaculture production refers to the cultivation of aquatic organisms, such as fish, crustaceans, mollusks, algae, and other organisms of value, under controlled or semi-natural conditions. Aquaculture feed plays a crucial role in aquaculture production by providing essential nutrients to farmed aquatic organisms, including fish, crustaceans, and mollusks, to support their growth and development. For instance, in March 2024, according to the Department of Agriculture, Fisheries, and Forestry (DAFF), an Australia-based government department, aquaculture production was forecast to rise in 2023-24 by 0.5% to $3.56 billion, while total production volume is expected to reach 296,000 metric tons by 2024-25, representing a 1% increase from 2022-23. Therefore, increasing aquaculture production is driving the growth of the aquaculture feed market.

Major companies within the aquaculture feed sector are strategically leveraging partnerships to introduce innovative feed products, thereby gaining a competitive edge in the market. These collaborations entail alliances between feed manufacturers, industry experts, research entities, and various stakeholders, aiming to advance the development, production, and distribution of aquaculture feeds. For instance, in May 2023, Aller Aqua, a Denmark-based fish feed producer, forged a partnership with VDS NV, a Belgium-based producer of specialized animal feeds. This collaboration aims to introduce a new line of feed products tailored explicitly for application in shrimp RAS (Recirculating Aquaculture System) farms. These land-based systems facilitate the production of high-quality fresh shrimp products while minimizing transport distances to market. The novel feed products promise swift feed availability and superior feed performance, potentially augmenting the productivity and profitability of shrimp farming operations.

In October 2025, Royal De Heus, a Netherlands-based animal nutrition company, acquired CJ Feed & Care for an undisclosed amount. Through this acquisition, Royal De Heus aims to strengthen its presence across Asian markets and enhance its regional distribution and production capabilities in the animal feed sector. CJ Feed & Care is a South Korea-based provider of animal feed and livestock nutrition services.

Major companies operating in the aquaculture feed market are Alltech Inc., Land O'Lakes Inc., Nutreco N.V., Charoen Pokphand Foods PCL, Avanti Feeds Limited, Ocean Star International Inc., Ridley Corporation Limited, Guangdong Haid Group Co. Ltd., Tongwei Group Co. Ltd., Betagro Group, De Heus Vietnam LLC, Schouw & Co. AS, BioMar A/S, Cargill Inc., Coppens International BV, Hanpel Tech Co. Ltd., Inve Aquaculture Inc., Nutriad International NV, Biomin, Bluestar Adisseo, Wilbur-Ellis Nutrition LLC, New Hope Group, Grobest Holdings Limited, NovoNutrients, EniferBio, Archer Daniels Midland Company, Norel Animal Nutrition, Zeigler Bros Inc.

Asia-Pacific was the largest region in the Aquaculture feed market in 2025. The regions covered in the aquaculture 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 aquaculture feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The aquaculture feed market consists of sales of wet feeds, moist feeds, dry feeds, larval feeds, and wet 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.

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