Aquaculture Feed Market - Statistics & Insights

The global aquaculture feed market, valued at USD 312.2 billion in 2024, is experiencing strong growth, driven by rising seafood consumption, growing demand for sustainable protein, and advancements in aquaculture technologies. Asia-Pacific leads the market, contributing nearly 89% of global production, with China, India, Vietnam, and Indonesia at the forefront due to favorable climatic conditions, extensive coastlines, and robust government support. Europe follows, focusing on sustainable practices and regulatory-driven adoption of eco-friendly feeds, while North America is seeing steady expansion through land-based recirculating aquaculture systems (RAS) and increasing demand for premium seafood. Regional trends indicate rising investments in shrimp and salmon farming, alongside growing use of AI and IoT-enabled farm monitoring solutions.