Fish Feed Market Analysis and Forecast to 2031: By Ingredient (Corn, Soybean, Fish Oil, Fish Meal, Additives, Others), Additives (Vitamins, Antibiotics, Amino Acids, Antioxidants, Feed Acidifiers, Feed Enzymes, Others), End Users (Fish, Molluscs, Crustaceans, Others), and Region
Fish feed is a commercial food designed specifically for feeding to fish. In the wild, fish obtain the majority of their nutrients from eating other fish, plants, and invertebrates. However, when fish are raised in captivity, they are often unable to access these natural food sources. This is where the commercial fish feed comes in – it provides a balanced diet that meets all of a fish’s nutritional needs.
There are many different types of fish feed available on the market, and the type you choose will depend on the species of fish you are raising. For example, there are different feeds available for goldfish, tropical fish, and koi. In general, fish feed is made up of a combination of proteins, fats, carbohydrates, vitamins, and minerals.
Proteins are essential for fish growth and development, and they make up a large portion of most fish feeds. Fats are also important for fish health, and they provide a source of energy. Carbohydrates are used by fish for energy, and they also help to maintain the fish’s digestive system. Vitamins and minerals are essential for a variety of different bodily functions, and they help to ensure that fish stay healthy.
Key Trends
The key trends in fish feed technology are:
1. More use of plant-based ingredients: In the past, fish feed has been largely based on fish meal and fish oil, both of which are derived from wild-caught fish. However, there is a growing trend toward using more plant-based ingredients in fish feed, in order to reduce the reliance on wild-caught fish and to make the feed more sustainable. This trend is being driven by both environmental concerns and the rising cost of fish meal and fish oil.
2. More use of alternative proteins: In addition to using more plant-based ingredients, there is also a trend toward using alternative proteins in fish feed. These alternative proteins include things like insects, algae, and even bacteria. The reason for this is that they can be a more sustainable and environmentally friendly source of protein for fish than traditional fish meals and fish oil.
3. More use of enzymes: Enzymes are being used more and more in fish feed in order to improve digestibility and nutrition. This is because enzymes can help to break down complex carbohydrates and proteins, making them more easily digestible for fish. Enzymes also have the added benefit of being able to improve the growth and health of fish.
4. More focus on nutrition: There is a growing trend towards making fish feed more nutritionally complete. This means that the feed will contain all of the nutrients that fish need in order to grow and stay healthy. This trend is being driven by the increasing demand for healthier and more sustainable fish products.
Key Drivers
Some of the key drivers of Fish Feed market include:
-The ever-growing demand for fish and fish products: The world’s population is projected to reach 9.1 billion by 2050 and with it the demand for fish and fish products is expected to rise significantly. This will create a strong demand for fish feed as aquaculture is one of the most efficient ways to meet this demand.
-The increasing cost of wild-caught fish: As the demand for fish grows, the price of wild-caught fish is also expected to rise. This will make aquaculture even more attractive as a way to produce fish as it will become increasingly difficult for consumers to afford wild-caught fish.
-The need to reduce the environmental impact of aquaculture: As the aquaculture industry continues to grow, there is an increasing need to find ways to reduce its environmental impact. This includes finding ways to reduce the amount of fish feed that is required as well as finding ways to use fish feed that is more sustainable.
Restraints & Challenges
The key restraints and challenges in the fish feed market include the high cost of fish feed, the need for skilled labor to operate fish feed mills, and the risk of fish diseases. The high cost of fish feed is a major challenge for the fish feed industry. Fish feed is made from a variety of ingredients, including fish meal, fish oil, and other marine ingredients. The cost of these ingredients has been rising in recent years, making fish feed one of the most expensive inputs in aquaculture. The need for skilled labor to operate fish feed mills is another challenge for the industry. Fish feed mills require operators to have a high level of knowledge and experience in order to produce quality feed. Finally, the risk of fish diseases is a major challenge for the fish feed industry. Fish diseases can have a devastating effect on aquaculture operations, and the spread of disease can be difficult to control.
Market Segments
The Fish Feed Market is segmented into ingredient, additive, end-users, and region. By ingredient, the market is categorized into corn, soybean, fish oil, fish meal, additives, and other ingredients. By additive, it is classified into vitamins, antibiotics, amino acids, antioxidants, feed acidifiers, feed enzymes, other additives. By end users , it is classified into fish, molluscs, crustaceans, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Fish Feed Market report includes players such as Cargill, Inc., Zeigler Bros., Inc., Archer Daniels Midland, Alltech Inc., Skretting AS, Aller Aqua A/S, Sonac B.V., BioMar Group, and Nutreco N.V.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Fish Feed Market Outlook
3.1. Fish Feed Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Fish Feed Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Fish Feed Market
4.3. Economic Impact Analysis
Chapter 5. Fish Feed Market By Ingredient
5.1. Market Overview
5.2. Corn
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Soybean
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Others
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Fish Feed Market By Additive
6.1. Market Overview
6.2. Vitamins
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Antibiotics
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Others
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Fish Feed Market By End-Use Industry
7.1. Market Overview
7.2. Fish
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Molluscs
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Others
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Fish Feed Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.2.3. North America Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.2.4. North America Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.2.5. The U.S.
8.2.5.1. The U.S. Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.2.5.2. The U.S. Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.2.5.3. The U.S. Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.2.6. Canada
8.2.6.1. Canada Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.2.6.2. Canada Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.2.6.3. Canada Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.2.7. Mexico
8.2.7.1. Mexico Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.2.7.2. Mexico Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.2.7.3. Mexico Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.3. Europe Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.4. Europe Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.5. Germany
8.3.5.1. Germany Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.5.2. Germany Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.5.3. Germany Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.6. France
8.3.6.1. France Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.6.2. France Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.6.3. France Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.7. U.K.
8.3.7.1. U.K. Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.7.2. U.K. Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.7.3. U.K. Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.8. Spain
8.3.8.1. Spain Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.8.2. Spain Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.8.3. Spain Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.9. Italy
8.3.9.1. Italy Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.9.2. Italy Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.9.3. Italy Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.3.10. Rest of Europe
8.3.10.1. Rest of Europe Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.3.10.2. Rest of Europe Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.3.10.3. Rest of Europe Fish Feed Market Size and ForecastBy End-Use Industry 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.3. Asia-Pacific Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.4. Asia-Pacific Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.4.5. China
8.4.5.1. China Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.5.2. China Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.5.3. China Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.4.6. India
8.4.6.1. India Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.6.2. India Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.6.3. India Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.4.7. Japan
8.4.7.1. Japan Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.7.2. Japan Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.7.3. Japan Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.4.8. South Korea
8.4.8.1. South Korea Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.8.2. South Korea Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.8.3. South Korea Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.4.9. Rest of APAC
8.4.9.1. Rest of APAC Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.4.9.2. Rest of APAC Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.4.9.3. Rest of APAC Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.5.3. Rest of the World Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.5.4. Rest of the World Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.5.5. Latin America
8.5.5.1. Latin America Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.5.5.2. Latin America Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.5.5.3. Latin America Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.5.6. Middle East
8.5.6.1. Middle East Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.5.6.2. Middle East Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.5.6.3. Middle East Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
8.5.7. Africa
8.5.7.1. Africa Fish Feed Market Size and Forecast By Additive, 2021-2031, ($Million)
8.5.7.2. Africa Fish Feed Market Size and Forecast By Ingredient, 2021-2031, ($Million)
8.5.7.3. Africa Fish Feed Market Size and Forecast By End-Use Industry 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Cargill, Inc
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Zeigler Bros., Inc.
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Archer Daniels Midland
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Alltech
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Skretting AS
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Aller Aqua A/S
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Sonac B.V.
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Haihang Industry Co., Ltd.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. BioMar Group
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Nutreco N.V.
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Ingredient
- Corn
- Soybean
- Fish Oil
- Fish Meal
- Additives
- Others
By Additive
- Vitamins
- Antibiotics
- Amino Acids
- Antioxidants
- Feed Acidifiers
- Feed Enzymes
- Others
By End Users
- Fish
- Molluscs
- Crustaceans
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa