# Aquafeed Market Expected to Expand More than Three-Fold through 2027
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-03-02
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Aquafeed Market Forecast 2017 - 2027
Meta Description: Stay ahead of competitors in the US$ 50 Bn global aquafeed market with insights on regional growth and segment trends. Request a sample now!
URL: https://financedigest.com/aquafeed-market-expected-to-expand-more-than-three-fold-through-2027html

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A US$ 50 Bn market, the global [aquafeed market](https://www.futuremarketinsights.com/reports/aquafeed-market) has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt. In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is [expected to reach](https://www.financedigest.com/philips-expects-to-reach-recall-settlements-this-year.html "Philips expects to reach recall settlements this year") almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a [CAGR of 5.6%](https://www.financedigest.com/forging-lubricants-market-is-estimated-to-expand-at-a-cagr-of-5-6-over-the-forecast-period-of-2021-2031.html "Forging Lubricants Market is estimated to expand at a CAGR of 5.6% over the forecast period of 2021-2031") in terms of volume during the decadal study 2017 – 2027.

**Segmental** [forecast of the global aquafeed market](https://www.financedigest.com/behavioural-health-market-is-expected-to-expand-at-3-4-cagr-over-the-forecast-period-2022-2028.html "Behavioural Health Market is expected to expand at 3.4% CAGR over the forecast period 2022-2028")

The [global aquafeed market](https://www.financedigest.com/global-low-sodium-sea-salt-market-valuation-of-over-us-200-mn-in-2031.html "Global Low Sodium Sea Salt Market valuation of over US$ 200 Mn in 2031") is segmented on the basis of species (Crustaceans, Fishes, Others); form (Extruded, Powder, Liquid, Pellets); function (Health, Digestibility, Palatability, Special Nutrition); ingredients (Marine, Land Animal, Veg/Grain, Carotenoid, Nutrients, Others); and sales channel (Direct Sales, Indirect Sales, Hyper/Supermarket, Wholesalers, Speciality Stores, Online, Other Retail Formats).

- The Extruded form type will likely dominate the global aquafeed market in terms of market [share – from an estimated 45% value share in 2017 to slightly over 50% by the end](https://www.financedigest.com/european-shares-end-higher-on-china-recovery-optimism.html "European shares end higher on China recovery optimism") of 2027, the segment will record an impressive increase of about 492 basis points in market share. Pellets is likely to hold the second position by [form in the global market](https://www.financedigest.com/linear-digitized-transition-to-form-the-crux-of-liposomes-market.html "Linear Digitized Transition to form the crux of Liposomes Market").
- Fishes segment by species will remain dominant through 2027 with about 50% market [share](https://www.financedigest.com/kuehne-raises-lufthansa-stake-to-17-5-as-germany-sells-remaining-shares.html "Kuehne raises Lufthansa stake to 17.5% as Germany sells remaining shares") estimated to be held in 2017 and remaining consistent throughout the forecast period. This segment will also [record the highest](https://www.financedigest.com/uk-inflation-hits-40-year-record-highest-in-g7.html "UK inflation hits 40-year record, highest in G7") CAGR.
- Vegetable/Grains ingredients segment is [expected to show tremendous growth](https://www.financedigest.com/universal-music-q3-earnings-beat-expectations-streaming-growth-slows.html "Universal Music Q3 earnings beat expectations, streaming growth slows") over the forecast period. This segment is poised to witness a growth rate of 6.6% during the [forecast period](https://www.financedigest.com/two-wheeler-accessories-aftermarket-is-projected-to-be-valued-at-us-17-1-bn-in-2021-expanding-at-a-cagr-of-8-6-over-the-forecast-period-of-2021-2031.html "Two Wheeler Accessories Aftermarket is projected to be valued at US$ 17.1 Bn in 2021, expanding at a CAGR of 8.6% over the forecast period of 2021-2031").
- By function, the Digestibility segment will hold high market value [share throughout the forecast period – over 30% share of the global market by the end](https://www.financedigest.com/european-shares-end-five-day-losing-streak-still-down-for-the-week.html "European shares end five-day losing streak, still down for the week") of the forecast period, with an increase of about 138 basis points over the 2017 value share. This segment will register a CAGR of 6.4% in terms of [value followed by the Health](https://www.financedigest.com/behavioural-health-market-is-expected-to-be-valued-at-us-156-3-bn-by-2028-end-fmi.html "Behavioural Health Market is expected to be valued at US$ 156.3 Bn by 2028 end: FMI") segment at 6.3% CAGR.
- Direct Sales will remain the favourite segment by sales channel and will hold over [60% of the market share](https://www.financedigest.com/permitted-share-of-chinas-yuan-in-russian-wealth-fund-doubled-to-60-finance-minister.html "Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister") throughout the forecast period. This segment is anticipated to be valued at over US$ 30 Bn in 2017.

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**Global Aquafeed [Market Forecast](https://www.financedigest.com/aluminum-die-casting-mold-release-agents-market-is-estimated-to-expand-at-a-cagr-of-around-5-by-value-during-the-forecast-period-of-2020-2030.html "Aluminum Die Casting Mold Release Agents Market Is Estimated To Expand At A CAGR Of Around 5% By Value During The Forecast Period Of 2020-2030") 2017 – 2027**

The new report by Future Market Insights titled “ **Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”** forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to [grow at a CAGR](https://www.financedigest.com/plant-based-ice-creams-market-expected-to-grow-at-a-cagr-of-9-3-during-2021-2031.html "Plant Based Ice Creams Market Expected to Grow at a CAGR of 9.3% During 2021-2031") of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.

**Competitive landscape**

The report profiles some of the [top companies operating in the global aquafeed market](https://www.financedigest.com/worlds-top-bankers-expect-markets-to-stay-turbulent.html "World’s top bankers expect markets to stay turbulent") including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in [developed and emerging economies](https://www.financedigest.com/going-cashless-the-developing-digital-economy.html "Going Cashless — The Developing Digital Economy") are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.

**Contact Sales for Further Assistance in Purchasing this Report@** [https://www.futuremarketinsights.com/checkout/4540](https://www.futuremarketinsights.com/checkout/4540)

For ease of reader convenience, we have segmented the [global aquafeed market](https://www.financedigest.com/global-anisole-market.html "Global Anisole Market") into the following categories.

**By Species**

- Crustaceans
- Fish
- Others

**By Form**

- Extruded
- Powder
- Liquid
- Pellets

**By Function**

- Health
- Digestion
- Palatability
- Special Nutrition

**By Ingredients**

- Marine
- Land Animal
- Veg/Grain
- Carotenoid
- Nutrients
- Others

**By Sales Channel**

- Direct Sales
- Indirect Sales
- Hypermarket
- Supermarket
- Wholesalers
- Speciality Stores
- Online
- Other Retail Formats

**By Region**

- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East and Africa

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