The global shrimp feed industry is estimated to be worth USD 4,300.0 million by 2025. It is projected to reach USD 6,400.0 million by 2035, reflecting a CAGR of 4.2% over the assessment period 2025 to 2035.
The global shrimp feed market is an important section of the vast aquaculture industry, which includes the formulation of specialized feeds to support proper growth, and health conditions with sustainable solutions. Shrimp feed is thus formulated to provide balanced nutrition to various stages of shrimps to ensure their optimal growth and production.
These feeds are essential for species such as Whiteleg shrimp (Litopenaeus vannamei), which is widely cultivated and popular for its rapid growth and high potential.
The shrimp feed industry comprises diverse MNCs, and regional players, who drive the growth of the market with their innovative formulations. Key players such as Cargill, Skretting, BioMar, and Nutreco, dominate the market with their wide range of custom feed products targeted for different shrimp life stages, addressing health-specific requirements.
The growth in the market is also boosted by the rising new-age technology, which has paved the way for precision feeding culture and the inclusion of sustainable ingredients that optimize efficiency as well as reduce environmental impact.
Recent developments such as the adoption of new production technologies to manufacture extruded, micro-encapsulated, and liquid feeds that offer better nutrient formulations, the shift towards functional ingredients, the incorporation of probiotics, and prebiotics, and the rise of sustainable, and eco-friendly feeds are set to boost the growth of the market.
| Attributes | Description |
|---|---|
| Estimated Global Shrimp Feed Industry Size (2025E) | USD 4,300.0 million |
| Projected Global Shrimp Feed Industry Value (2035F) | USD 6,400.0 million |
| Value-based CAGR (2025 to 2035) | 4.2% |
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The below table presents a comparative assessment of the variation in CAGR over six months for the base year (2024) and current year (2025) for the global shrimp feed market.
This analysis reveals crucial shifts in performance and indicates revenue realization patterns, thus providing stakeholders with a better vision of the growth trajectory over the year.
The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December.
| Particular | Value CAGR |
|---|---|
| H1 | 3.3% (2024 to 2034) |
| H2 | 3.5% (2024 to 2034) |
| H1 | 3.8% (2025 to 2035) |
| H2 | 4.0% (2025 to 2035) |
In the first half (H1) of the decade from 2024 to 2034, the business is predicted to surge at a CAGR of 3.3%, followed by a higher growth rate of 3.5% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2025 to H2 2035, the CAGR is projected to increase to 3.8% in the first half and remain considerably high at 4.0% in the second half.
Precision Feeding Technologies for Optimized Growth
Precision feeding technologies which have been said to revolutionise the growth of the aquaculture industry are making their way into the shrimp feed market. The use of these advanced technologies is set to improve the efficiency of feeds, promote sustainable practices, and reduce environmental waste thus aligning with the demands of eco-conscious consumers.
These feeding technologies are used to leverage the automated feeder systems, improve the use of AI to monitor the growth of the shrimp, and also adjust the feed distribution system. Incorporation of these practices ensures an adequate supply of feed with optimal intervals, thus minimizing the use of excess feed that can cause water pollution, and ultimately degrade the conditions of shrimp farms.
Companies such as AQ1 systems have developed a smart feeding technology known as the "Sonic Feeding System." This technology consists of a highly sensitive underwater microphone which is designed to monitor and record shrimp feeding sounds, to adjust the feed levels thus promoting efficiency.
This system lowers the risk of overfeeding, and pollution thus promoting healthier shrimp growth. Skretting is another company that combines data-driven tools in the production of its feed products, thus helping shrimp farmers track their growth performance more effectively.
Utilization of Functional Ingredients for Reduced Disease Outbreaks
The incorporation of functional ingredients, such as probiotics, and prebiotics has resulted in improved gut health, immune health, digestive health, and increased resilience against diseases such as the shrimp white spot syndrome and Early Mortality Syndrome (EMS). This is a rising trend among manufacturers mainly driven by the continuous demand of consumers for higher-quality seafood products.
The use of these natural ingredients not only addresses government regulations but also the consumer demands for healthier and synthetic antibiotic-free seafood.
For instance, the Biomar Group has developed feeds containing Bactocell®, a probiotic approved by the European Union for use in shrimp farming that enhances the gut microflora, and B-WYSE™, a multi-strain yeast ingredient that helps to modulate the immune system and strengthen the intestinal barrier of the shrimps.
Nutreco is another company that offers functional feed solutions optimized by using prebiotics and essential oils which are scientifically backed to support overall health and prevent disease outbreaks.
Similarly, many companies have started utilizing natural ingredients, such as herbal extracts and organic acids in their shrimp feed formulations, which address the health of the shrimps and also act as alternatives to synthetic antibiotics.
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Global sales increased at a CAGR of 3.5% from 2020 to 2024. For the next ten years (2025 to 2035), projections are that expenditure on such products will rise at 4.0% CAGR.
Between 2020 to 2024 increasing concern over sustainability measures in feed production and less knowledge about the use of natural ingredients that aid in the overall growth and well-being of shrimps are contributing to raising awareness and demand for various eco-friendly and sustainable methods of production.
Cargill and Skretting have taken the lead in doing so by manufacturing properly investigated and scientifically backed feed solutions that are clinically proven to promote better growth and gut health. BioMar Group has introduced a variety of product ranges targeted at different growth stages of shrimps, making it easier to use for farmers.
This has led to a rise in the number of companies to incorporate innovative measures and ingredients to tackle the growing concerns over shrimp farming. During this period, the increasing number of shrimp farmers looking for clear labeling and target-specific products has propelled the growth of this industry.
From the year 2025 to 2035, the sector is registered to fasten, owing to the achievements in precision nutrient enhancement techniques and new-age technologies. The approaches of precision nutrition will further optimize the shrimp feed industry, thereby contributing to improving the growth and immune function of shrimps which will further help to tackle several diseases.
Tier 1 Companies are referred to as the major players of the industry as they are fully established worldwide with majority shares of the business ecosystem. These industry leaders guide the level of creativity, research, and development and most of the time are the trendsetters. Tier 1 companies include Charoen Pokphand Foods (CP Foods), Cargill, Skretting, Nutreco N.V., BioMar Group, and ADM.
Skretting, with its innovative ingredient formulations and global industry distribution, is the leading provider of sustainable nutrition and health solutions due to the effective distribution of its products.
Tier 2 Companies are the regional players with adequate market coverage and are known for offering niche products. They are typically more localized and address specific issues of more general ones. Nutriad is an example of this, performing well in Belgium, due to its cutting-edge innovative technology and manufacturing processes to deliver improved feeds.
Other players include Guangdong Yuehai Feed Group Co., Ltd., BernAqua, Zeigler Bros., Inc., Aller Aqua, Grobest, Avanti Feeds Ltd., Thai Union Group, Uni-President Enterprises Corporation, and Ridley Corporation.
Tier 3 Companies are smaller players who are usually limited to the local or regional areas. They tend to service localized areas and do not possess the same level of R&D as bigger companies but are nonetheless helpful in satisfying local needs. These companies are smaller in size but still strong in their target industries due to their deep-seated innovations and customer service.
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The following table shows the estimated growth rates of the top three territories. China and Indonesia are set to exhibit high consumption, recording CAGRs of 5.2% and 6.0%, respectively, through 2035.
| Country | CAGR, 2025 to 2035 |
|---|---|
| India | 4.9% |
| Indonesia | 6.0% |
| China | 5.2% |
The Indian Shrimp feed industry thrives on large domestic companies like Avanti Feeds Ltd., Godrej Agrovet, and Growel Feeds widely known for their international collaborations. These companies work on cost-effective feed solutions and high-quality feeds enriched with probiotics, essential vitamins, and minerals to improve shrimp growth and immunity. For instance, Avanti Feeds in association with the Thai Union Group manufactures feed specifically propelling optimal feed conversion ratios (FCR) and disease resistance.
The shrimp feed market in India is experiencing rapid growth due to the country being a major exporter of Whiteleg shrimp (Litopenaeus vannamei).
The government support initiative programs like the Pradhan Mantri Matsya Sampada Yojana (PMMSY) are significantly impactful incentives that encourage aquaculture productivity through cost provision or sustainable farming practices. India is now focusing more on precision feeding technologies and biotechnology-enhanced nutrient applications to lessen the utilization of fishmeal in feeds and improve their efficiency.
India has garnered significant attention due to its affordable feeding solutions for both small and medium shrimp farmers who are not deprived of access to advanced feed technology due to high costs. This equilibrium in costs with quality keeps India on par with other leading exporting countries, such as China, Indonesia, and Japan.
Indonesia's shrimp feed market is rapidly expanding facilitated by a good tropical climate, a coastline stretching across an archipelago, and a focus on sustainability. The industry has local players such as Central Proteina Prima (CPP) and international players like Cargill and Japfa Comfeed.
High-performance feeds, involving probiotics, essential amino acids, and immunostimulants for shrimp health and productivity, are also developed and produced by these companies. CPP, for example, develops feeds that counters diseases like Early Mortality Syndrome in shrimps.
Modernization and infrastructural improvement of shrimp ponds and supply of quality feed accompanied by proven measures of disease control are a few of the steps that are supporting the sustainable aquaculture program on shrimp by the government of Indonesia. More and more firms are turning to biotechnology-derived nutrient solutions and precision feeding technologies to improve feed efficiency and waste reduction.
The most distinguishing feature of Indonesia is its holistic approach towards disease resilience and environmental responsibility. Natural feed additives, sustainable ways of farming, and integrated disease management guarantees the export quality and yield of shrimp. As the world steps into the arena of demand for greener seafood, Indonesia's shrimp feed market is bound to prosper.
China's shrimp feed market is widely recognized in the world due to its advanced aquaculture industry and significant shrimp consumption. The market is dominated by players like Tongwei Co., Ltd., Haid Group, and New Hope Liuhe Co., Ltd., which are known to develop advanced feeds with added probiotics, enzymes, and amino acids.
They also employ precision smart feeding systems, automated feeding plants, and AI-driven analytics to convert the use of feeds efficiently. Tongwei Co. is an example that relies on AI-based smart aquaculture systems to optimize feed timing and quantity while minimizing wastage and cost.
As the population is shifting towards sustainable aquaculture practices several organizations are promoting awareness about the advantages of utilizing natural feed ingredients to replace the use of antibiotics. To combat and prevent the rising use of antibiotics in feeds and strengthen the immunity and growth of shrimp using natural and sustainable solutions.
Many companies are making significant investments in biotechnology-driven solutions for feeds to incorporate bioactive components such as fermented amino acids and omega-3s obtained from algae to lessen dependence on fishmeal and fish oil in diets, promoting environmental sustainability.
With such continued investment thrust on research and development, the shrimp feed market of China is well poised to meet domestic and international demand for very high quality sustainably farmed shrimp.
| Segment | Functionality |
|---|---|
| Value Share (2025) | 15.4% |
The functionality segment of the global shrimp feed market is growing and is also taking rapid steps to meet the increasing consumer demand for feeds that boost immunity and resist diseases.
Biomar Group and Nutreco have refined their R&D efforts toward manufacturing improved functional feeds enhanced with probiotics, prebiotics, organic acids, and herbal extracts focusing on gut health and consequently immune function development in shrimp. For example, Bactocell®, an internationally recognized probiotic that helps to strengthen gut microflora and immunity, is used by BioMar.
Nutreco, on the other hand, incorporates essential oils for better health and disease resistance in their feed formulations to help farmers tackle severe diseases like Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV) resulting in increased demand for feeds which are more resilient in shrimps and also reduce the dependence on antibiotics.
They also include enhancing nutrient absorption and digestibility, which are critical components in optimizing shrimp growth. Major feed manufacturers such as Grobest Group incorporate immunostimulants and plant extracts to feed formulations for improving shrimp immunity and better survival rates. These feeds can further enhance survival rates by 20-30% for reducing disease challenges and antibiotic use, which are some important issues emerging globally.
Companies such as ADM have begun to explore the algae or omega-3s and the fermentation-based amino acids for nutrient-rich animal feeds designed to bolster immune function, growth, and overall health. With the changing consumer preferences towards consuming antibiotic-free shrimp, such functional feed companies with scientifically backed advantages are preparing themselves to further dominate the market.
| Segment | Ingredient type |
|---|---|
| Value Share (2025) | 24.3% |
The global shrimp feed market is currently growing, especially in the protein sources and additives categories. Soybean meal is proving to be by far the most favored protein source. It is rich in proteins and the cheapest source among all other sources.
Companies like Cargill and Nutreco have aimed at sustainable soybean sourcing to keep up with this rising demand. Another source that is aimed at being a sustainable alternative is companies like Algatech produces new and innovative products that have good benefits for shrimp nutrition with minimal environmental impact.
Additive segments with probiotics and prebiotics are also growing rapidly, known for their effectiveness in improving gut health and boosting growth performance in shrimp. The company Alltech is taking the front along with its specific probiotic formulations.
These along with immunostimulants are becoming increasingly popular as the challenge faced by shrimps concerning different diseases in aquaculture becomes severe. One of the examples is Biomin, which has introduced products that improve shrimp immunity which would cater to health concerns in aquaculture.
The recent trend is towards more sustainable and health-driven ingredients with companies emphasizing more and more research to develop innovative products in this field. This also holds for the incorporation of omega-3 and omega-6 from sustainable sources, with companies such as DSM promoting an improved fatty acid profile in nutrition for shrimp feed.
Overall, the shrimp feed market is changing with time, now focused on sustainability and health, putting strong tokens for future robust growth in the segments.
The shrimp feed market is highly competitive, with major players such as Charoen Pokphand Foods (CP Foods), Cargill, Skretting, Nutreco N.V., BioMar Group, ADM, and Trouw Nutrition.
These companies are widely known for making significant investments in their research and development facilities and are focused on creating innovative and sustainable feed concepts to address the demand in the aquaculture market.
They are also committed to efficiently manufacturing foods that improve the consumption, digestibility, and survival rate of shrimps with better biomass.
To expand their sales, manufacturers are implementing various strategies, introduction of innovative product lines, and vertical and strategic acquisitions. For example, Skretting, which is a global leader in aqua feed solutions launched an innovative functional feed, Armis. This was specially formulated to support the survival rate of shrimps under challenging farming conditions. For instance:
As per product type, the industry has been categorized into Protein Sources, Lipids, Carbohydrates, and Additives. Binders and Stabilizers
As per ingredient type, the industry has been categorized into Growth Promotion, Disease Prevention, Color Enhancement, Digestive Health support, Breeding and Reproduction, and Others.
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia & Belarus, Balkans & Baltic Countries, and Middle East & Africa.
The global industry is estimated at a value of USD 4,300.0 million in 2025.
Sales increased at 3.5% CAGR between 2020 and 2024.
Some of the leaders in this industry include Charoen Pokphand Foods (CP Foods), Cargill, Skretting, Nutreco N.V., BioMar Group, ADM (Archer Daniels Midland), Avanti Feeds Ltd., Thai Union Group, Uni-President Enterprises Corporation, Biomin, De Heus Animal Nutrition, Trouw Nutrition, and Godrej Agrovet.
The East Asian territory is projected to hold a revenue share of 31.5% over the forecast period.
The industry is projected to grow at a forecast CAGR of 4.2% from 2025 to 2035.
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