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Fish Feed Market by Product Type (Plant-Based, Fish & Fish Products,
Microorganism), Form (Pellet, Granules, Flakes, Sticks, Powder), End-
Use Application (Commercial, Household), Distribution Channel (B2B,
B2C) & Region - Forecast to 2022 - 2032
Fish Feed Market - Analysis, Outlook, Growth, Trends, Forecasts
January 2022 | REP-GB-11713 |
350 pages
|
Food and
Beverage
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Fish Feed Market - Overview
[350 Pages Report] The fish feed market is estimated to
account for about USD 112 billion in 2022 and is projected to
reach a value of about USD 158.5 billion by 2032, at a CAGR of
8.0%. Newly released data for fish feed Market Analysis shows
that global demand of overall fish feed market enjoyed year-on-
year (YoY) growth of 7.2% in 2022.
Market Size Value in 2022
USD 112 Bn
Market Forecast Value in 2032
USD 158.5 Mn
Global Growth Rate (2022 to 2032)
8.0% CAGR
Forecast Period
2022-2032
Market Share of India in South Asia
58.0%
Fish feed is a mixture of basic materials, additives, and
additional supplements acquired from natural or synthetic
sources and fed to farmed fish.
Fish is thought to provide about 15% of the protein ingested per
capita by individuals all over the world. Low carbon footprint,
high per-unit yield, and unique protein content have increased
fish consumption, which is helping to expand demand for fish
feed because marine feed is in short supply.
The fish feed markets also include fish feed created for various
purposes, such as aquarium fish feed, which is meant for
ingestion by pet fish kept in aquariums or ponds. The market for
ornamental fish feed, food for colorful fish is maintained as pets
in a limited setting such as an aquarium. Hence, Fish feed
manufacturers have varying compositions of fish fe