Market Overview

According to Metastat Insight-style structured analysis, the global shrimp feed market is valued at USD 4,485.1 million by 2025 and is projected to grow at a CAGR of 5.9% from 2025 to 2032, potentially reaching USD 6,702.2 million.

The industry has evolved from local coastal operations into a highly scientific sector. Modern feed formulations now prioritize nutritional consistency, traceability, and environmental responsibility. Manufacturers are increasingly moving away from traditional fishmeal toward plant-based proteins, insect meal, and microalgae to reduce pressure on marine ecosystems while enhancing shrimp resistance to diseases like EMS and WSSV.

Major Players Profiled in the Market Report:

• Charoen Pokphand Foods PCL
• Cargill, Incorporated
• Nutreco (Skretting)
• Schouw & Co.
• Guangdong HAID Group Co., Ltd
• Adisseo Group
• Alltech
• Avanti Feeds Ltd.
• BioMar Group
• Biomin Holding GmbH
• Cermaq Group AS

Segments

Feed Lifecycle and Composition

By Feed Type, the market is categorized into Starter, Grower, Finisher, and Functional/Medicated feed. Starter Feed is projected to hold approximately 22.4% of the market, as early-stage nourishment is critical for survival rates. By Ingredient, the market includes Fish Meal-based, Plant-based, Soybean, Wheat, and Corn-based feeds. Plant-derived and soy-based formulas are gaining ground as cost-effective and sustainable alternatives to marine proteins.

Form and Species Targeted

By Form, the market offers Pellets, Crumbles, Powder, and Liquid feed. Pellets remain the standard for efficiency due to their slow disintegration and nutrient retention. By Shrimp Species, the market focuses on Pacific White and Black Tiger shrimp, with Pacific White being the most common due to its reliable adaptation to various farming systems.

Source: https://www.metastatinsight.com/report/shrimp-feed-market

Report Coverage

The report offers:
• Full in-depth analysis of the global aquaculture and shrimp feed industry
• Detailed segmentation by feed type, ingredient, form, and species
• Historical, ongoing, and projected market analysis (2025–2032)
• Strategic assessment of alternative protein sources like insect meal and microalgae

Drivers & Restraints

Drivers

Growth is primarily fueled by the rising global demand for seafood and the expansion of shrimp aquaculture. The shift toward high-quality, nutritionally balanced formulations that improve yield and disease resistance is a major catalyst for market value.

Restraints

The high and fluctuating costs of raw materials, such as fishmeal and soybean meal, pose significant challenges to profit margins. Additionally, stricter environmental regulations regarding water quality and habitat protection increase operational compliance costs.

Regional Insights

Asia-Pacific (led by China, India, and Southeast Asia) and Latin America remain the dominant production hubs. North America and Europe influence the market as major importers, driving the demand for traceable and responsibly sourced ingredients.

Competitive Landscape

The landscape is led by global giants like Charoen Pokphand Foods and Cargill, who leverage extensive R&D and distribution networks. Regional players like Avanti Feeds provide specialized solutions for South Asian markets, while innovators like Alltech and Biomin focus on natural additives and probiotics to promote sustainable growth.