The global shrimp feed market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the market can be attributed to the increasing demand for shrimp products in emerging economies such as China and India, which are witnessing an increase in disposable incomes and a growing middle class population. The increasing demand for shrimp products has led to an increase in production, which has resulted in higher prices for raw materials such as fishmeal and soybean meal, thereby driving up the cost of production. This has led many producers to switch from traditional feeds with high fishmeal content towards more sustainable feeds with lower fishmeal content or even vegetarian feeds that do not contain any animal-based ingredients at all.
- The global shrimp feed market is driven by the increasing demand for shrimp products in emerging economies such as China and India, which are projected to be the fastest-growing markets for seafood consumption over the next decade.
- Shrimp feed manufacturers are investing in research and development (R&D) activities to develop new products with improved nutritional value, better taste, and higher digestibility that can help reduce production costs while improving product quality.
- The increasing demand for high-quality protein sources has led to an increase in demand for shrimp products globally.
- Increasing awareness about health benefits of seafood consumption has also contributed towards growth of this market.
Industry Growth Insights published a new data on “Shrimp Feed Market”. The research report is titled “Shrimp Feed Market research by Types (Starter Grade, Grower Grade, Finisher Grade), By Applications (Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, Other), By Players/Companies Avanti, Charoen Pokphand Food, BioMar, CP Aquaculture, Thai Union Feedmill, Nutreco, BernAqua”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shrimp Feed Market Research Report
By Type
Starter Grade, Grower Grade, Finisher Grade
By Application
Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, Other
By Companies
Avanti, Charoen Pokphand Food, BioMar, CP Aquaculture, Thai Union Feedmill, Nutreco, BernAqua
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Shrimp Feed Market Report Segments:
The global Shrimp Feed market is segmented on the basis of:
Types
Starter Grade, Grower Grade, Finisher Grade
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.
Applications
Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, Other
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:
- Avanti
- Charoen Pokphand Food
- BioMar
- CP Aquaculture
- Thai Union Feedmill
- Nutreco
- BernAqua
Highlights of The Shrimp Feed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Starter Grade
- Grower Grade
- Finisher Grade
- By Application:
- Whiteleg Shrimp
- Giant Tiger Prawn
- Akiami Paste Shrimp
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shrimp Feed 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.
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- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shrimp feed is a mixture of food and water that is fed to shrimp in order to keep them healthy and happy.
Some of the major players in the shrimp feed market are Avanti, Charoen Pokphand Food, BioMar, CP Aquaculture, Thai Union Feedmill, Nutreco, BernAqua.
The shrimp feed market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shrimp Feed 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. Shrimp Feed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shrimp Feed Market - Supply Chain
4.5. Global Shrimp Feed Market Forecast
4.5.1. Shrimp Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shrimp Feed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shrimp Feed Market Absolute $ Opportunity
5. Global Shrimp Feed 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. Shrimp Feed Market Size and Volume Forecast by Type
5.3.1. Starter Grade
5.3.2. Grower Grade
5.3.3. Finisher Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shrimp Feed 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. Shrimp Feed Market Size and Volume Forecast by Application
6.3.1. Whiteleg Shrimp
6.3.2. Giant Tiger Prawn
6.3.3. Akiami Paste Shrimp
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shrimp Feed 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. Shrimp Feed 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 Shrimp Feed 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. Shrimp Feed 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 Shrimp Feed Demand Share Forecast, 2019-2026
9. North America Shrimp Feed 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 Shrimp Feed 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 Shrimp Feed Market Size and Volume Forecast by Application
9.4.1. Whiteleg Shrimp
9.4.2. Giant Tiger Prawn
9.4.3. Akiami Paste Shrimp
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shrimp Feed Market Size and Volume Forecast by Type
9.7.1. Starter Grade
9.7.2. Grower Grade
9.7.3. Finisher Grade
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 Shrimp Feed Demand Share Forecast, 2019-2026
10. Latin America Shrimp Feed 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 Shrimp Feed 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 Shrimp Feed Market Size and Volume Forecast by Application
10.4.1. Whiteleg Shrimp
10.4.2. Giant Tiger Prawn
10.4.3. Akiami Paste Shrimp
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shrimp Feed Market Size and Volume Forecast by Type
10.7.1. Starter Grade
10.7.2. Grower Grade
10.7.3. Finisher Grade
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 Shrimp Feed Demand Share Forecast, 2019-2026
11. Europe Shrimp Feed 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 Shrimp Feed 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 Shrimp Feed Market Size and Volume Forecast by Application
11.4.1. Whiteleg Shrimp
11.4.2. Giant Tiger Prawn
11.4.3. Akiami Paste Shrimp
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shrimp Feed Market Size and Volume Forecast by Type
11.7.1. Starter Grade
11.7.2. Grower Grade
11.7.3. Finisher Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. MarketAttractiveness/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 Shrimp Feed Demand Share, 2019-2026
12. Asia Pacific Shrimp Feed 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 Shrimp Feed 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 Shrimp Feed Market Size and Volume Forecast by Application
12.4.1. Whiteleg Shrimp
12.4.2. Giant Tiger Prawn
12.4.3. Akiami Paste Shrimp
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shrimp Feed Market Size and Volume Forecast by Type
12.7.1. Starter Grade
12.7.2. Grower Grade
12.7.3. Finisher Grade
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 Shrimp Feed Demand Share, 2019-2026
13. Middle East & Africa Shrimp Feed 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 Shrimp Feed 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 Shrimp Feed Market Size and Volume Forecast by Application
13.4.1. Whiteleg Shrimp
13.4.2. Giant Tiger Prawn
13.4.3. Akiami Paste Shrimp
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shrimp Feed Market Size and Volume Forecast by Type
13.7.1. Starter Grade
13.7.2. Grower Grade
13.7.3. Finisher Grade
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 Shrimp Feed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shrimp Feed Market: Market Share Analysis
14.2. Shrimp Feed Distributors and Customers
14.3. Shrimp Feed Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avanti
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Charoen Pokphand Food
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BioMar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CP Aquaculture
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thai Union Feedmill
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nutreco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BernAqua
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
