China Aquafeed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Aqua Feed Companies in China and is segmented by animal type into fish, crustaceans, mollusks, trout, and other animal types

China Aqua Feed Market Size

Single User License
Team License
Corporate License
Book before:
View Global Report
Market Snapshot
share button
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.80 %
Market Concentration High

Major Players


*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License


Team License


Corporate License

Book before:

China Aqua Feed Market Analysis

The China aqua feed market is estimated to register a CAGR of 3.8% during the forecast period (2020 - 2025). Aquaculture is one of the fastest growing segment in the Chinese feed industry. In the year 2018, due to the annual coastal fishing ban in China, there has been an expansion in aquaculture and mariculture, leading to growth in aqua feed demand. Despite an increase in the global production of aquaculture feed, China reported a decline of around 5% in the production of aquaculture feed in the year 2017 and 2016, primarily due to government regulations on food safety and feeding practices.

China Aqua Feed Market Trends

This section covers the major market trends shaping the China Aqua Feed Market according to our research experts:

Growing Aquaculture Production Drives the Market

The aquaculture industry in China is very well developed and has been continuously growing. The market value of china aquaculture was recorded as USD 135 billion in 2016, rising to 140 billion in 2017. The country had 7.2 million hectares in aquaculture in 2018, of which 5.14 million was in fresh-water and 2.04 million hectares in sea-water. Chinese aquaculture is estimated to grow at 4.4% over the next 4 years, boosting the aquafeed market.

China Aqua Feed Market: Aquaculture Production Value, China, 2015 - 2017

Carp Fish Feed Dominates the Market

Carp fish feed accounted for 62% of China aqua feed market value. Carp is the most popular cultured fish in China, with grass carp being the most popular species of carp. Fifty percent of the fishes cultured in China are Carp fishes. The production of carp in the country is driven by the fact that the fish has low production costs and is tolerant of most climatic and environmental factors. Carp are bony fish and Over the years, Chinese people have developed a preference for bony fish.

China Aqua feed Market: Revenue Share in %, By Type, China, 2018

China Aqua Feed Industry Overview

The china aquafeed market is consolidated with few players holding a major share of the market. Nutreco, Cargill, Biomar Group, Alltech, and Aller Aqua group are some of the major players who are operating in this region. New product launches, partnerships, and expansions are some of the major strategies adopted by these players to strengthen their position in the market.

China Aqua Feed Market Leaders

  1. Cargill, Incorporated.

  2. Nutreco N.V.

  3. Biomin

  4. BioMar Group

  5. Aller Aqua

*Disclaimer: Major Players sorted in no particular order

bookmark Need More Details on Market Players and Competitors?
Download PDF

China Aqua Feed Market Report - Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Animal Type

      1. 5.1.1 Fish

        1. Carp

        2. Tilapia

        3. Salmon

        4. Catfish

        5. Other Fish Species

      2. 5.1.2 Crustaceans

      3. 5.1.3 Mollusks

      4. 5.1.4 Trout

      5. 5.1.5 Other Animal Types


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Biomin

      2. 6.3.2 Cargill Inc.

      3. 6.3.3 BioMar Gropu

      4. 6.3.4 Alltech Inc.

      5. 6.3.5 Archer Daniels Midland Co.

      6. 6.3.6 Nutreco NV

      7. 6.3.7 Aller Aqua

      8. 6.3.8 Hanpel Tech Co. Ltd.

      9. 6.3.9 BASF SE

      10. 6.3.10 Wellhope Agri-Tech Co. Ltd.


  8. 8. IMPACT OF COVID-19

bookmark You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

China Aqua Feed Industry Segmentation

China is one of the largest producers of aqua feed in the world. The report presents a detailed analysis of the aqua feed market in China. The market is segmented by animal type into fish, crustaceans, mollusks, trout, and other animal types and by fish species into carp, tilapia, salmon, catfish, and other fish species,

Animal Type
Other Fish Species
Other Animal Types
customize-icon Need A Different Region Or Segment?
Customize Now

China Aqua Feed Market Research FAQs

The China Aqua Feed Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)

Cargill, Incorporated., Nutreco N.V., Biomin, BioMar Group and Aller Aqua are the major companies operating in the China Aqua Feed Market.

The report covers the China Aqua Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Aqua Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

China Aqua Feed Industry Report

Statistics for the 2024 China Aqua Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Aqua Feed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

China Aquafeed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)