Shrimp Feed Market Report 2026

Shrimp Feed Market Overview

• Shrimp Feed market size has reached to $4.79 billion in 2025 • Expected to grow to $6.36 billion in 2030 at a compound annual growth rate (CAGR) of 5.7% • Growth Driver: Demand For Seafood Driving Market Growth And Sustainability Efforts • Market Trend: Functional Feeds Boosting Efficiency And Sustainability • Asia-Pacific was the largest region in 2025 and Europe is the fastest growing region.

What Is Covered Under Shrimp Feed Market?

Shrimp feed refers to specially formulated diets designed to meet the nutritional requirements of farmed shrimp. These feeds typically contain a balanced mix of proteins, carbohydrates, fats, vitamins, and minerals to ensure optimal shrimp growth, health, and reproduction. The main types of shrimp feed are starter grade, grower grade, finisher grade, and shrimp feed. Starter-grade feed is specially formulated food for young animals during their initial growth stages. For shrimp species such as pacific whiteleg shrimp, black tiger shrimp, and others. The ingredients such as fish meal, plant based feeds, soybean meal, wheat based feeds, corn based feeds, and others. The additives such as vitamins and proteins, antioxidants, antibiotics, fatty acids, feed enzymes, and others.

What Is The Shrimp Feed Market Growth Forecast?

The shrimp feed market size is expected to see strong growth in the next few years. It will grow to $6.36 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to improving feed digestibility technologies, rising focus on sustainable aquaculture practices, expansion of intensive shrimp farming systems, growing demand for antibiotic-free feeds, advancements in feed processing techniques. Major trends in the forecast period include development of nutrient-enriched shrimp feed, rising use of plant-based feed ingredients, growing adoption of species-specific feed formulations, expansion of functional feed additives, enhanced focus on feed conversion efficiency.

Global Shrimp Feed Market Segmentation

1) By Type: Starter Grade, Grower Grade, Finisher Grade 2) By Shrimp Species: Pacific Whiteleg Shrimp, Black Tiger Shrimp, Other Shrimp Species 3) By Ingredients: Fish-Meal Based Feeds, Plant-Based Feeds, Soybean-Meal Based Feeds, Wheat-Based Feeds, Corn-Based Feeds, Other Ingredients 4) By Additives: Vitamins And Proteins, Antioxidants, Antibiotics, Fatty Acids, Feed Enzymes, Other Additives Subsegments: 1) By Starter Grade: High-Protein Starter Feed, Nutrient-Rich Starter Pellets, Crumble Feed For Early Stage Shrimp, Liquid Starter Feeds, Specialized Starter Feed For Specific Shrimp Species 2) By Grower Grade: Growth-Promoting Shrimp Feed, Medium-Protein Grower Pellets, Feed With Enhanced Digestibility, Formulated Grower Feed With Essential Nutrients, Grower Feed With Omega-3 Fatty Acids 3) By Finisher Grade: High-Energy Finisher Feed, Low-Protein Finisher Pellets, Finisher Feed With Antioxidants And Color Enhancers, Specialized Finisher Feed For Market-Ready Shrimp, Slow-Release Nutrient Finisher Feed

What Is The Driver Of The Shrimp Feed Market?

The increasing demand for seafood is expected to propel the growth of the shrimp feed market going forward. Seafood refers to any edible aquatic animal or plant harvested from freshwater or saltwater environments for human consumption. The increasing demand for seafood can be attributed to health consciousness, cultural preferences, convenience, sustainability concerns, and globalization. The use of high-quality shrimp feed supports the sustainable expansion of shrimp aquaculture, helping to meet the growing global demand for seafood while minimizing environmental impact and maintaining the health of aquatic ecosystems. For instance, in June 2024, according to the Food and Agriculture Organization of the United Nations, a US-based government agency, global fisheries and aquaculture production in 2022 surged to 223.2 million tonnes. Aquatic animal production is expected to increase by 10 percent by 2032 to reach 205 million tonnes. Further, SOFIA projects that apparent consumption will increase by 12 percent to supply on average 21.3 kg per capita in 2032. Therefore, the increasing demand for seafood is driving the growth of the shrimp feed industry.

What Is The Driver Of The Shrimp Feed Market?

The increasing demand for seafood is expected to propel the growth of the shrimp feed market going forward. Seafood refers to any edible aquatic animal or plant harvested from freshwater or saltwater environments for human consumption. The increasing demand for seafood can be attributed to health consciousness, cultural preferences, convenience, sustainability concerns, and globalization. The use of high-quality shrimp feed supports the sustainable expansion of shrimp aquaculture, helping to meet the growing global demand for seafood while minimizing environmental impact and maintaining the health of aquatic ecosystems. For instance, in June 2024, according to the Food and Agriculture Organization of the United Nations, a US-based government agency, global fisheries and aquaculture production in 2022 surged to 223.2 million tonnes. Aquatic animal production is expected to increase by 10 percent by 2032 to reach 205 million tonnes. Further, SOFIA projects that apparent consumption will increase by 12 percent to supply on average 21.3 kg per capita in 2032. Therefore, the increasing demand for seafood is driving the growth of the shrimp feed industry.

Global Shrimp Feed Market Trends and Insights

Major companies operating in the shrimp feed market are focused on developing innovative products, such as functional shrimp feed, to enhance feed efficiency and sustainability. Functional shrimp feed refers to specialized diets formulated not only to meet the basic nutritional needs of shrimp but also to enhance their overall health, growth, and resistance to diseases. These feeds often contain additional ingredients that provide specific benefits beyond basic nutrition. For instance, in May 2024, Skretting, a Norway-based company specializing in aquafeed production, launched Armis, a functional feed for shrimp. This new feed is designed to support the resilience of shrimp facing challenging conditions and provide optimal nutrition to safeguard farm performance. It was specifically developed to address the needs of shrimp farmers in India. This new feed is designed to tackle problems caused by parasites such as Enterocytozoon hepatopenaei (EHP) and other shrimp farming diseases.

What Are Latest Mergers And Acquisitions In The Shrimp Feed Market?

In June 2025, IFB Agro Industries Ltd., an India-based provider of aqua-feed products, acquired the commercial shrimp and freshwater fish feed business of Cargill India Pvt. Ltd. for an undisclosed amount. Through this acquisition, IFB Agro aims to strengthen its shrimp and aquaculture feed offerings by integrating Cargill India’s feed formulations, manufacturing facilities, and related assets. Cargill India Pvt. Ltd. is an India-based company that provides commercial compound shrimp and freshwater fish feed, along with manufacturing facilities and feed formulations.

Regional Outlook

Asia-Pacific was the largest region in the shrimp feed market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

What Defines the Shrimp Feed Market?

The shrimp feed market consists of sales of formulated feeds, pelleted feeds, extruded feeds, organic feeds, and natural feeds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Shrimp Feed Market Report 2026?

The shrimp feed market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the shrimp feed industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.