Asia Pacific Aquatic Feed Market

Asia Pacific Aquatic Feed Market Size (2025 to 2033)

The Asia Pacific aquatic feed market size was valued at USD 99.91 million in 2024 and is anticipated to reach USD 110.10 million in 2025 from USD 239.47 million by 2033, growing at a CAGR of 10.2% from 2025 to 2033.

A major important part of running successful commercial aquaculture is the selection of the right manufactured feeds that provide the balanced nutrition required by fish. The feed may be either granular or in the form of pellets and are essential in providing the fish with a balanced diet within their enclosures where their natural food sources may be absent.

Wheat is being used as a major ingredient in all aquatic feed due to its binding property for holding the pellets together. As for the carnivorous species of fish such as salmon, trout, and turbot, fishmeal and fish oil are the major components used to make the feed. Other key ingredients in fish feed include vegetable proteins, vitamins, minerals, and cereal grains. Trash fish is also considered as fish feed, wherein fish that is caught is fed directly to larger species that grow in aquatic pens.

The major factors affecting the aquatic feed market include the rising populations, the rise in income leading to increased demand for seafood, the rapid urbanization, and the strong expansion of the seafood production industry, which are aided by technological advancements that are making for better distribution and storage. The market is also bolstered by the rise in demand for natural health supplements, of which omega-3 fatty acids derived from certain species of fish are a major component. The soaring prices of materials needed for aquatic feed production are one of the restraints of the market, along with the fact that the industry is profitable only with large-scale production.

COUNTRY ANALYSIS

The Aquatic Feed Market is dominated by Asia Pacific in 2016 with the region accounting for almost 60% of the overall market share. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.

KEY MARKET PLAYERS

The Aquatic Feed market is highly competitive with a large number of players. Key market players dominating the market with their products are Cargill Inc, BioMar group, Waterbase Ltd, BASF SE, Alltech Inc, Coppen International, Evonik Industries, Archer Daniels Midland Company, Ridley Corporation, Nutreco NV, Avanti Feeds Ltd, and Ewos.

MARKET SEGMENTATION

This research report on the Asia Pacific aquatic feed market is segmented and sub-segmented into the following categories.

By Ingredient

• Soybean

• Corn

• Fish Meal

• Fish Oil

• Additives

• Others

By Additive Type

• Antibiotics

• Vitamins

• Antioxidants

• Amino Acids

• Feed Enzymes

• Feed Acidifiers

• Other Additives

By End-User

• Fish Feed

• Tilapia

• Salmon

• Carp

• Catfish Feed

By Molluscs

• Oyster Feed

• Mussel Feed

By Crustaceans

• Shrimp Feed

• Crab Feed

• Others

By Country

• India

• China

• Japan

• South Korea

• Australia

• New Zealand

• Thailand

• Malaysia

• Vietnam

• Philippines

• Indonesia

• Singapore

• Rest of APAC