Europe Fish Feed Market Size, Share, Trends & Growth Forecast Report – Segmented By Ingredient, Additive, End Users And By Country (The UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 5995
Pages: 145

Europe Fish Feed Market Size (2024 to 2032)

The Europe fish feed market was expected to be valued at USD 45 billion in 2023 and is anticipated to reach USD 49.18 billion in 2024 from USD 101.26 billion by 2032, growing at a CAGR of 9.43% from 2024 to 2032.

Fish Feed is an important part of modern commercial aquaculture, providing the balanced nutrition needed by farmed fish. The feeds, in the form of pellets or granules, provide nutrition in a concentrated and stable form, enabling the fish to feed efficiently and grow at their full potential.

Traditionally two of the most important ingredients have been fishing oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability.

The driving factors of the European fish feed market are population growth, rising income, and rapid urbanization, which are facilitated by the strong expansion of fish production and more efficient distribution channels. The yield which is obtained from the wild catch cannot be increased sustainably, therefore, in the opinion of observers such as the Food and Agriculture Organization of the United Nations, aquaculture must fill the gap.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

9.43%

Segments Covered

Basis of ingredient, Additive, Basis of end-user and Country

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, etc

Market Leaders Profiled

Ridley Corporation Limited, Archer Daniels Midland Company, Nutreco N.V., Cargill, Avanti Feeds Limited, Purina Animal Nutrition, Biostadt India Limited, Alltech, Nutriad, and Biomar, among others.

 

SEGMENT ANALYSIS

Europe Fish Feed Market Analysis By Basic of Ingredients

  • Corn
  • Soybean
  • Fish oil
  • Fish Meal
  • Additives
  • Others

Europe Fish Feed Market Analysis By Additives

  • Vitamins
  • Antibiotics
  • Amino acids
  • Antioxidants
  • Feed acidifier
  • Feed enzymes
  • Others

Europe Fish Feed Market Analysis By End-User

  • Fish
  • Salmon feed
  • Carp feed
  • Tilapia feed
  • Catfish feed
  • Molluscs
  • Oyster feed
  • Mussel feed
  • Crustaceans
  • Carb feed
  • Shirmp feed
  • Others

The Europe Fish Feed market is segmented based on the basis of ingredients into corn, soybean, fish oil, fish meal, additives, and others. By additive, the market is divided into vitamins, antibiotics, amino acids, antioxidants, feed acidifiers, feed enzymes, and other additives. On the basis of end-user, the market is divided into fish, mollusks, crustaceans, and others. Fish is further segmented into salmon feed, carp feed, tilapia feed, and catfish feed. By molluscs, the market is further divided into oyster feed and mussel feed. By crustaceans, the market is further divided into crab feed and shrimp feed.

COUNTRY ANALYSIS

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Europe has the second-largest market for fish feed in the world by share. Factors such as rising disposable incomes and rapid urbanization are expected to propel market growth during the forecast period.

KEY PLAYERS IN THE EUROPE FISH FEED MARKET

Some of the major players in the market are Ridley Corporation Limited, Archer Daniels Midland Company, Nutreco N.V, Cargill, Avanti Feeds Limited, Purina Animal Nutrition, Biostadt India Limited, Alltech, Nutriad, and Biomar among others.

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