The Global Feed for Aquafarming Market was valued at USD 72.5 Billion in 2024 and is projected to reach USD 106.82 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024-2032). This expansion is driven by intensifying aquaculture production, rising seafood consumption, and technological advancements in sustainable feed formulations.
As aquaculture surpasses wild catch fisheries in global protein supply, nutrition specialists are pioneering innovative solutions that balance productivity with environmental stewardship. Here we examine the Top 10 Companies in the Feed for Aquafarming Industry—key players transforming aquatic nutrition through research, vertical integration, and circular economy approaches.
🔟 1. Nutreco N.V.
Headquarters: Amersfoort, Netherlands
Key Brands: Skretting (aquafeed), Trouw Nutrition
Nutreco dominates global aquafeed production through its Skretting subsidiary, delivering 8.7 million metric tons annually to over 80 markets. The company leads in salmon, shrimp, and tilapia nutrition with species-specific formulations.
Sustainability Leadership:
- Achieved 1:1 Fish In:Fish Out ratio for salmon feeds
- 100% deforestation-free soy commitment by 2025
- MicroBalance+ technology reducing fishmeal dependency
Download FREE Sample Report: Feed for Aquafarming Market – View in Detailed Research Report
9️⃣ 2. Cargill Aqua Nutrition
Headquarters: Minneapolis, USA
Key Offerings: EWOS salmon feeds, PROTON shrimp nutrition
Cargill’s aquaculture division supplies 1.8 million tons of premium feeds annually, holding 42% market share in Norwegian salmon feed. Their R&D focuses on microbiome health and alternative protein integration.
Sustainability Leadership:
- 50% reduction in scope 1 & 2 emissions by 2030
- Partnerships with insect protein producers
8️⃣ 3. BioMar Group
Headquarters: Aarhus, Denmark
Key Brands: Biomar EcoCare, INTACT functional feeds
BioMar operates 17 feed mills worldwide producing 3 million tons annually, with particular strength in Mediterranean seabass/bream and tropical marine species nutrition.
Sustainability Leadership:
- First zero-soy trout feed in Europe
- Circular economy initiative in Brazil (SALMOBRASIL)
7️⃣ 4. Charoen Pokphand Foods
Headquarters: Bangkok, Thailand
Market Position: 25% global shrimp feed share
CPF’s vertically integrated model connects feed production (4+ million tons) to farming and processing across 30 Asian facilities, driving efficiency in shrimp aquaculture.
Innovation Focus:
- Smart feeding systems with IoT sensors
- Black soldier fly protein research
Download FREE Sample Report: Feed for Aquafarming Market – View in Detailed Research Report
6️⃣ 5. Aller Aqua
Headquarters: Christiansfeld, Denmark
Specialization: Starter feeds, digestive health solutions
Operating five production sites across Europe, Africa, and China, Aller Aqua excels in larval nutrition and functional feed additives for diverse aquaculture species.
Sustainability Leadership:
- Zero soy commitment in European production
- Krill meal integration for better FCR
5️⃣ 6. New Hope Group
Headquarters: Chengdu, China
Capacity: 6.8 million tons annually
As China’s largest aquafeed producer, New Hope dominates carp and tilapia markets while expanding in high-value shrimp and marine fish segments.
Market Strategy:
- Digital platforms for smallholder farmers
- Closed-loop poultry byproduct utilization
4️⃣ 7. Tongwei Co
Headquarters: Chengdu, China
Integration: Feed-genetics-aquaculture production
Tongwei combines 5 million ton feed capacity with genetic research and smart farming technologies, creating synergistic advantages in China’s intensive aquaculture sector.
Technical Focus:
- Single-cell protein development
- AI-driven precision feeding
3️⃣ 8. Dibaq Aquaculture
Headquarters: Segovia, Spain
Specialization: Functional & organic aquafeeds
Dibaq’s DigestPlus technology enhances nutrient absorption in high-performance feeds for Mediterranean and Latin American aquaculture operations.
Sustainability Leadership:
- 100% renewable energy in EU facilities
- EU Organic-certified product lines
2️⃣ 9. Avanti Feeds
Headquarters: Hyderabad, India
Market Share: 40% of India’s shrimp feed
Producing 600,000+ tons annually, Avanti leads in disease-resistant formulations for Vannamei shrimp, with strong R&D in algal protein alternatives.
Innovation Focus:
- Water quality management additives
- Reduced fishmeal formulations
1️⃣ 10. Ridley Corporation
Headquarters: Melbourne, Australia
Key Technology: Novacq™ prawn feed
Ridley’s integrated model connects feed production with premium branded seafood, specializing in barramundi, trout, and prawn nutrition across Australasia.
Sustainability Leadership:
- Solar-powered feed mills
- Natural growth-promoting feed technology
Get Full Report Here: Feed for Aquafarming Market – View in Detailed Research Report
🌍 Future Outlook: Sustainable Nutrition for Growing Aquaculture
The aquafeed sector is undergoing fundamental transformation as environmental and efficiency demands drive innovation beyond traditional fishmeal-based formulations.
📈 Critical Market Shifts:
- Accelerated adoption of alternative proteins (algae, insects, microbes)
- Integration of precision feeding technologies
- Circular economy approaches to ingredient sourcing
- Species-specific functional feed development
⚡ Emerging Opportunities:
- 3D-printed feeds for larval stages
- Nutrient encapsulation technologies
- Gut microbiome optimization
- Blockchain-enabled supply chain transparency
These industry leaders are not merely supplying feed—they’re enabling the sustainable intensification required to meet global protein needs while minimizing ecological impact.
Get Full Report Here: Feed for Aquafarming Market – View in Detailed Research Report