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    ID: MRFR/AGR/1388-HCR
    128 Pages
    Varsha More
    September 2025

    The Aquafeed Market is experiencing robust growth driven by the increasing global demand for seafood and the burgeoning aquaculture industry. As the world's population continues to grow, there is a growing need for sustainable and efficient protein sources, with aquaculture emerging as a key solution. Aquafeed, a specialized nutritionally balanced feed for aquatic species, plays a pivotal role in supporting the healthy development and optimal growth of fish and other aquatic organisms.

    The market is witnessing a shift towards advanced formulations that address the specific nutritional requirements of different aquatic species, promoting not only rapid growth but also enhancing disease resistance. Key ingredients in aquafeed include fish meal, soybean meal, grains, and other protein-rich sources, reflecting a trend towards sustainable sourcing and reduced reliance on wild-caught fish.

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    Top Industry Leaders in the Aquafeed Market

    Aquafeed CompaniesAquafeed MarketOctober 2023- Veolia's insect meal and oil have been approved by the EU for aquafeed. Veolia Bioconversion Malaysia has received approval from the Malaysian Ministry of Agriculture to export Entomeal insect powder and Entolipid insect oil to the European market for use in aquaculture, animal feed and livestock. Insect feeds offer many benefits to these applications, such as high digestibility and a nutritious food source.


    September 2023- De Heus Vietnam has just inaugurated a new aquafeed factory in Can Tho province, Vietnam. Can Tho animal feed factory specialize in producing feed for pangasius, with a capacity of 240,000 tons/year. The feed mill's strategic location near the river port offers advantages for transporting raw materials to the mill and finished products to farmers. Floating feed products can be transported efficiently from feed mills to farms by river. This results in significant cost reductions, much lower greenhouse gas emissions through more efficient shipping, no use of plastic packaging materials, and less waste in shipping and manufacturing.


    July 2023- Aquaterra omega-3 oil has received approval for use in fish feed Global agricultural innovator Nuseed – part of seed and crop protection technology company Nufarm – welcomed the decision The Norwegian Food Safety Authority approves the use of this oil in fish feed. This is a major milestone for Nufarm's Omega-3 Growth Platform. This opens up significant opportunities for them in Norway to provide sustainable plant-based sources of omega-3 to the Norwegian aquaculture market. Aquaterra is the first biotechnology product licensed for use in Norway by NFSA.


    Some of the Aquafeed companies listed below :Cargill Inc. (U.S.), BioMar Group (Denmark), Waterbase Ltd (India), BASF (Germany), Alltech Inc. (U.S.), Coppen International BV (Netherlands), Ridley Corporation (Australia), Zeigler bros. Inc. (U.S.), Evonik Industries (Germany), and Marvesa (Netherland)Aquafeed Market1