The Fishfeed Additive Shrimp Feed Additives Market, estimated at USD 55.32 Bn in 2025, is expected to exhibit a CAGR of 7.6% and reach USD 92.38 Bn by 2032.
The Food and Beverages sector is driving global growth, balancing rising consumer demand for sustainable, healthier options with industry investments in digital transformation, e-commerce, and supply chain innovation.
Global Fish Feed Additive and Shrimp Feed Market: Drivers
Changing dietary habits and rising health awareness are some of the key factors driving growth of the Global Fish Feed Additive and Shrimp Feed Additive market. Other factors driving market growth include an increasing population and disposable income. Improved shrimp farming practices are also boosting growth of the Global Fish Feed Additive and Shrimp Feed.
Global Fish Feed Additive and Shrimp Feed Market: Opportunities
Increasing consumer consumption of salmon and other seafood products is projected to offer significant market opportunities in the near future. Moreover, a growing population, urbanization, and improved distribution systems are also driving the growth of the global market. Furthermore, rising income and the growing commercial aquaculture industry are projected to further propel market growth.
Global Fish Feed Additive and Shrimp Feed Market: Restraints
The increasing cost of raw materials used for producing feed additives is projected to limit market growth over the forecast period.
Counterbalance: The large market share of this segment is attributed to the easier availability of synthetic raw materials and lower production costs.
Key Takeaways:
The fish animal segment held a dominant position in the global Fish Feed Additive and Shrimp Feed Market in 2025, accounting for 89.22% share in terms of value. Increasing approval and the launch of new products are expected to propel growth of the segment during the forecast period.
To know the latest trends and insights prevalent in this market, click the link below:
Global Feed Additive and Shrimp Feed Market Trends:
Various manufacturers are developing natural aquafeed additives for aquatic animals. This is acting as a major trend for the global Global Fish Feed Additive and Shrimp Feed Additivemarket. For instance, recently, Nor-Feed develops, produces and markets natural feed additives for livestock based on plants and plant extracts. launched two new aqua feed additives that reduce ammonia in July 2025, a common byproduct of aquaculture: Norponin Opti and Norponin Aqua.
Rising middle-class incomes in emerging economies have increased the demand for processed seafood. This has emerged as another major trend for the global market due to the changing lifestyles of consumers and the growing popularity of processed foods.
Global Fish Feed Additive and Shrimp Feed Market - Impact of Coronavirus (Covid-19) Pandemic
The aquaculture value chain was severely affected by the COVID-19 crisis. The industry has remained a central pillar of the economy as it serves food consumption needs around the globe. The outbreak of the virus has adversely affected the supply chain and aquaculture production. This condition has put restrictions on the export and import of fish and other seafood, which has severely affected the aquaculture sector. However, economic activity is up and running now, which may help the agriculture industry get back on its feet as soon as possible.
Recent Developments:
In May 2025, Unilever plc is a British multinational consumer packaged goods company (Australia and New Zealand) initiated the local production of Lifebuoy sanitizers in order to cope with the rising demand.
In March 2025, Alltech an American company, headquartered in Nicholasville, Kentucky, with operations in animal feed, meat, brewing, and distilling is inviting participation in its first global sustainability insights survey.
In June 2025, Alltech an American company, headquartered in Nicholasville, Kentucky, with operations in animal feed, meat, brewing, and distilling has introduced Triad, an innovative solution that promotes successful farrowing and pig livability through a palatable, proprietary blend of Alltech ingredients.
Competitive Section:
Company Names
- Alltech Inc.
- Aller Aqua A/S
- Biomar A/S
- Biomin GMBH
- Cargill Incorporated
- Nutreco NV
- Ridley Corporation
- Archer Daniels Midland Co.
- BASF SE
- Nutriad International
Contact Us