Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Feed and Aquafeed Market by Type (Premix, Complete Feed, Concentrated Feed, Other), By Application (Poultry, Ruminant, Pig, Aqua, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Feed and Aquafeed Market by Type (Premix, Complete Feed, Concentrated Feed, Other), By Application (Poultry, Ruminant, Pig, Aqua, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139803 3300 Agriculture 377 240 Pages 4.8 (46)

Market Overview:

The global feed and aquafeed market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to factors such as rising demand for animal-based protein, increasing population, and growing awareness about animal health and nutrition. On the basis of type, the global feed and aquafeed market has been segmented into premixes, complete feeds, concentrated feeds, and other types. The complete feeds segment is expected to dominate the market during the forecast period. However; ruminants are projectedto registerthe highest CAGRduring2018-2030 owingto their high nutritional valueandrising demand from developing countries such as Chinaand India .

Global Feed and Aquafeed Industry Outlook

Product Definition:

Feed is a mixture of ingredients that are given to animals to eat. Aquafeed is a feed specifically designed for fish and other aquatic creatures. The importance of feed and aquafeed varies depending on the animal, but in general, it is essential for their health and growth.


Premix is a blend of minerals and vitamins that are added to the feed in order to enhance its nutritional value. It helps in maintaining the health of animals and also increases their performance. The premixes can be classified into two types, depending on their functions; primary (or essential) premixes, which help in meeting basic requirements such as energy and protein, and supplementary premixes which provide additional nutrition for growth or disease prevention purposes.

Complete Feed:

Complete feed is a complete mixture of animal feed, including forage and supplements. It contains all the ingredients required to provide nutritionally balanced food to the animals. The product can be used in aquafeed as well as forage products. Complete feeds are manufactured by mixing different types of ingredients such as grains, soybean meal, vitamins and minerals among others according to the requirements of various species of livestock that are raised in farms or held in reserves across the globe.

Application Insights:

Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The poultry industry has witnessed tremendous growth over the past few years owing to increasing demand for meat from a growing population. Poultry farming is one of the most prominent industries across various regions and countries, which has resulted in increased consumption of feed products such as premixes and complete feeds for poultry.

Ruminant was another significant application segment that accounted for more than 25% share of total volume in 2017. Ruminants are animals that are capable of digesting complex carbohydrates as well as fiber, thus producing more nutrients from foodstuffs than other types of animals (such as cattle). These types of animal have a four-chambered stomach called rumen; where bacteria break down fibers into shorter chains fatty acids & simple sugars, & proteins into amino acids & dextrins, respectively.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for more than 60% of total demand in terms of volume owing to high animal population, rapid industrialization, and rising disposable income. China is projected to remain a key feed producer as well as consumer owing to its large-scale production of corn and soybean meal along with other byproducts including distillers grains, oil cakes, and gluten meal used for manufacturing premixes as well as complete feeds.

Europe was the second largest regional segment accounting for 20% share in terms of revenue in 2017 on account of growing poultry industry coupled with increasing consumption from other livestock such as swine and ruminants especially Brazil which accounts for around 80% share within South America region. North America emerged a strong contender due to high concentration levels regarding poultry meat production followed by beef cattle herds within U.S.

Growth Factors:

  • Increasing demand for animal protein in developing countries: The demand for animal protein is increasing rapidly in developing countries as the population becomes more affluent. This is driving growth in the feed and aquafeed markets as farmers look to increase production of livestock and fish to meet this demand.
  • Rising prices of traditional feed ingredients: The price of traditional feed ingredients such as corn, soybeans, and wheat has been rising steadily in recent years, making alternative feeds more cost-effective. This is contributing to growth in the market for alternative feeds such as algae-based feeds.
  • Growing awareness of health benefits of seafood: There is growing awareness among consumers about the health benefits of eating seafood, which is driving increased consumption worldwide. This is benefiting the aquafeed market as well since fishmeal and fish oil are key ingredients in aquafeeds.

Scope Of The Report

Report Attributes

Report Details

Report Title

Feed and Aquafeed Market Research Report

By Type

Premix, Complete Feed, Concentrated Feed, Other

By Application

Poultry, Ruminant, Pig, Aqua, Others

By Companies

CP Group, Cargill, New Hope Group, Purina Animal Nutrition, Wen's Food Group, Nutreco, Tyson Foods, BRF, ForFarmers, Twins Group, East Hope Group, JA Zen-Noh, Haid Group, NACF, Tongwei Group, Alltech, TRS, Yuetai Group, BioMar, Evergreen Feed

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Feed and Aquafeed Market Report Segments:

The global Feed and Aquafeed market is segmented on the basis of:


Premix, Complete Feed, Concentrated Feed, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Poultry, Ruminant, Pig, Aqua, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. CP Group
  2. Cargill
  3. New Hope Group
  4. Purina Animal Nutrition
  5. Wen's Food Group
  6. Nutreco
  7. Tyson Foods
  8. BRF
  9. ForFarmers
  10. Twins Group
  11. East Hope Group
  12. JA Zen-Noh
  13. Haid Group
  14. NACF
  15. Tongwei Group
  16. Alltech
  17. TRS
  18. Yuetai Group
  19. BioMar
  20. Evergreen Feed

Global Feed and Aquafeed Market Overview

Highlights of The Feed and Aquafeed Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Premix
    2. Complete Feed
    3. Concentrated Feed
    4. Other
  1. By Application:

    1. Poultry
    2. Ruminant
    3. Pig
    4. Aqua
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Feed and Aquafeed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Feed and Aquafeed Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Feed and Aquafeed are two types of food that are used to feed animals. Feed is a type of food that is given to an animal in order to sustain it while it is being kept in captivity. Aquafeed is a type of food that is given to an animal in order to help it swim and digest its food.

Some of the key players operating in the feed and aquafeed market are CP Group, Cargill, New Hope Group, Purina Animal Nutrition, Wen's Food Group, Nutreco, Tyson Foods, BRF, ForFarmers, Twins Group, East Hope Group, JA Zen-Noh, Haid Group, NACF, Tongwei Group, Alltech, TRS, Yuetai Group, BioMar, Evergreen Feed.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Feed and Aquafeed Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Feed and Aquafeed Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Feed and Aquafeed Market - Supply Chain
   4.5. Global Feed and Aquafeed Market Forecast
      4.5.1. Feed and Aquafeed Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Feed and Aquafeed Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Feed and Aquafeed Market Absolute $ Opportunity

5. Global Feed and Aquafeed Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Feed and Aquafeed Market Size and Volume Forecast by Type
      5.3.1. Premix
      5.3.2. Complete Feed
      5.3.3. Concentrated Feed
      5.3.4. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Feed and Aquafeed Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Feed and Aquafeed Market Size and Volume Forecast by Application
      6.3.1. Poultry
      6.3.2. Ruminant
      6.3.3. Pig
      6.3.4. Aqua
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Feed and Aquafeed Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Feed and Aquafeed Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Feed and Aquafeed Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Feed and Aquafeed Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Feed and Aquafeed Demand Share Forecast, 2019-2026

9. North America Feed and Aquafeed Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Feed and Aquafeed Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Feed and Aquafeed Market Size and Volume Forecast by Application
      9.4.1. Poultry
      9.4.2. Ruminant
      9.4.3. Pig
      9.4.4. Aqua
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Feed and Aquafeed Market Size and Volume Forecast by Type
      9.7.1. Premix
      9.7.2. Complete Feed
      9.7.3. Concentrated Feed
      9.7.4. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Feed and Aquafeed Demand Share Forecast, 2019-2026

10. Latin America Feed and Aquafeed Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Feed and Aquafeed Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Feed and Aquafeed Market Size and Volume Forecast by Application
      10.4.1. Poultry
      10.4.2. Ruminant
      10.4.3. Pig
      10.4.4. Aqua
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Feed and Aquafeed Market Size and Volume Forecast by Type
      10.7.1. Premix
      10.7.2. Complete Feed
      10.7.3. Concentrated Feed
      10.7.4. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Feed and Aquafeed Demand Share Forecast, 2019-2026

11. Europe Feed and Aquafeed Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Feed and Aquafeed Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Feed and Aquafeed Market Size and Volume Forecast by Application
      11.4.1. Poultry
      11.4.2. Ruminant
      11.4.3. Pig
      11.4.4. Aqua
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Feed and Aquafeed Market Size and Volume Forecast by Type
      11.7.1. Premix
      11.7.2. Complete Feed
      11.7.3. Concentrated Feed
      11.7.4. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Feed and Aquafeed Demand Share, 2019-2026

12. Asia Pacific Feed and Aquafeed Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Feed and Aquafeed Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Feed and Aquafeed Market Size and Volume Forecast by Application
      12.4.1. Poultry
      12.4.2. Ruminant
      12.4.3. Pig
      12.4.4. Aqua
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Feed and Aquafeed Market Size and Volume Forecast by Type
      12.7.1. Premix
      12.7.2. Complete Feed
      12.7.3. Concentrated Feed
      12.7.4. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Feed and Aquafeed Demand Share, 2019-2026

13. Middle East & Africa Feed and Aquafeed Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Feed and Aquafeed Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Feed and Aquafeed Market Size and Volume Forecast by Application
      13.4.1. Poultry
      13.4.2. Ruminant
      13.4.3. Pig
      13.4.4. Aqua
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Feed and Aquafeed Market Size and Volume Forecast by Type
      13.7.1. Premix
      13.7.2. Complete Feed
      13.7.3. Concentrated Feed
      13.7.4. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Feed and Aquafeed Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Feed and Aquafeed Market: Market Share Analysis
   14.2. Feed and Aquafeed Distributors and Customers
   14.3. Feed and Aquafeed Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. CP Group Overview Financials Developments Strategic Outlook
      14.4.2. Cargill Overview Financials Developments Strategic Outlook
      14.4.3. New Hope Group Overview Financials Developments Strategic Outlook
      14.4.4. Purina Animal Nutrition Overview Financials Developments Strategic Outlook
      14.4.5. Wen's Food Group Overview Financials Developments Strategic Outlook
      14.4.6. Nutreco Overview Financials Developments Strategic Outlook
      14.4.7. Tyson Foods Overview Financials Developments Strategic Outlook
      14.4.8. BRF Overview Financials Developments Strategic Outlook
      14.4.9. ForFarmers Overview Financials Developments Strategic Outlook
      14.4.10. Twins Group Overview Financials Developments Strategic Outlook
      14.4.11. East Hope Group Overview Financials Developments Strategic Outlook
      14.4.12. JA Zen-Noh Overview Financials Developments Strategic Outlook
      14.4.13. Haid Group Overview Financials Developments Strategic Outlook
      14.4.14. NACF Overview Financials Developments Strategic Outlook
      14.4.15. Tongwei Group Overview Financials Developments Strategic Outlook
      14.4.16. Alltech Overview Financials Developments Strategic Outlook
      14.4.17. TRS Overview Financials Developments Strategic Outlook
      14.4.18. Yuetai Group Overview Financials Developments Strategic Outlook
      14.4.19. BioMar Overview Financials Developments Strategic Outlook
      14.4.20. Evergreen Feed Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us