Shrimp Feed Market Size and Share

Shrimp Feed Market Analysis by Mordor Intelligence
The shrimp feed market size stands at USD 4.44 billion in 2025 and is forecast to reach USD 5.90 billion by 2030, expanding at a 5.8% CAGR over the period. Robust global seafood demand, the shift toward intensive aquaculture, and steady advances in feed formulation technologies collectively reinforce the sector’s momentum. Asia-Pacific dominates the market, powered by production clusters in Vietnam, India, and China that rely on high-density pond systems requiring precision nutrition. Functional additives, probiotic blends, and insect or algae proteins are gaining ground as regulators tighten antibiotic limits, prompting manufacturers to redesign recipes that safeguard shrimp health while lowering fishmeal dependence[1]European Food Safety Authority, “Scientific Opinion on Probiotic Additives,” efsa.europa.eu. Meanwhile, AI-enabled feeding platforms cut conversion ratios, delivering significant cost savings to farms in Thailand, Ecuador, and Indonesia[2]IEEE Xplore, “Smart Feeding Systems for Aquaculture,” ieee.org. The confluence of sustainability goals and carbon-footprint labeling also favors suppliers that can certify raw materials, opening differentiation avenues for firms.
Key Report Takeaways
- By feed type, grower feed led with 45.5% shrimp feed market share in 2024, and functional and medicated products are forecast to advance at a 9.0% CAGR to 2030.
- By form, pellets held 66.0% of the shrimp feed market size in 2024, while liquid feed is projected to grow at a 10.0% CAGR through 2030.
- By shrimp species, Pacific White shrimp commanded 62.5% of the market size in 2024, and Black Tiger shrimp is tracking a 7.6% CAGR over the forecast period.
- By geography, Asia-Pacific retained 70.5% of revenue in 2024, and Africa is poised for the fastest 9.8% CAGR through 2030.
Global Shrimp Feed Market Trends and Insights
Drivers Impact Analysis
| Driver | ( ~ ) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising global seafood consumption and protein-rich diet preference | +1.2% | Global, strongest in Asia-Pacific and North America | Medium term (2-4 years) |
| Expansion of intensive shrimp aquaculture in Ecuador, India, and Vietnam | +1.8% | South America and Asia-Pacific, spill-over to Middle East | Long term (≥ 4 years) |
| Advances in functional additives and immunostimulants | +0.9% | Global, early adoption in Europe and North America | Medium term (2-4 years) |
| AI-enabled precision feeding systems | +0.7% | Asia-Pacific and Europe, expanding to Americas | Short term (≤ 2 years) |
| Carbon-footprint labeling spurring insect or algae proteins | +0.4% | Europe and North America, gradual Asia-Pacific uptake | Long term (≥ 4 years) |
| Disease-resistant post-larvae requiring specialized starter feeds | +0.6% | Asia-Pacific core, expanding to South America | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Global Seafood Consumption and Protein-Rich Diet Preference
Per-capita seafood intake reached 20.2 kg in 2024; shrimp outpaced other crustaceans in volume growth, propelling intensive pond construction that lifted feed demand in Ecuador by 15% year over year[3]Food and Agriculture Organization, “Global Aquaculture Production Statistics 2024,” fao.org . Climbing disposable incomes boost premium protein purchases across Asian urban centers, while retailers reward farms that deploy sustainable feed, lifting price realization. Consumption growth, running 2.3 times faster than chicken in Asia-Pacific, multiplies feed volumes because shrimp require 1.4-1.8 kg of feed for each kilogram harvested.
Advances in Functional Additives and Immunostimulants
Encapsulated probiotics, beta-glucans, and phytobiotics are increasingly integrated into aquaculture diets, demonstrating the ability to reduce shrimp mortality by 12–18% while commanding price premiums of 25–35%. Regulatory developments, such as the European Food Safety Authority (EFSA) approval of seven new probiotic strains in 2024, have enabled exporters to comply with strict residue-free mandates, reinforcing food safety standards. As global authorities tighten antibiotic thresholds, the adoption of these functional additives is spreading beyond Europe to Asia. This shift is driving reformulation of feeds and adjusting profit margins, reflecting both sustainability and efficiency priorities in modern shrimp farming.
AI-Enabled Precision Feeding Systems
AI-powered computer-vision platforms now monitor shrimp appetite in real-time, allowing farmers to optimize feed distribution. By tailoring feed to actual consumption, feed conversion ratios can drop from 1.7 to 1.3, reducing feed costs by up to 20%. Nutreco's acquisition of Eruvaka integrated significant hectares of ponds into automated, sensor-driven analytics for shrimp growth and pond management. These AI systems provide predictive insights on pond conditions, enabling better planning and more efficient operations, with typical payback periods ranging from 18 to 24 months, enhancing both economic and environmental sustainability in aquaculture production.
Carbon-footprint labeling spurring insect or algae proteins
European retailers increasingly require carbon-footprint labels for frozen seafood products, pushing processors to source low-impact feed ingredients. As a result, alternative protein sources, such as insect and algae-derived ingredients, are moving from niche applications into mainstream, premium recipes. This trend supports sustainability goals while maintaining product quality and traceability, highlighting how environmental labeling is influencing feed formulation strategies and encouraging low-carbon innovations in global aquaculture.
Restraints Impact Analysis
| Restraint | ( ~ ) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Fishmeal and fish-oil price volatility | -0.8% | Global, highest in cost-sensitive markets | Short term (≤ 2 years) |
| Disease outbreaks (EMS, WSSV) disrupting feed demand | -1.1% | Asia-Pacific core, spreading to South America | Medium term (2-4 years) |
| Stricter antibiotic and additive regulations in import markets | -0.6% | Europe and North America, worldwide supply impact | Long term (≥ 4 years) |
| WTO (World Trade Organization) anti-dumping risk on key amino-acid inputs | -0.3% | Global, concentrated on Chinese suppliers | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Fishmeal and Fish-Oil Price Volatility
The 2023-2024 El Niño event significantly reduced Peru’s anchovy harvest, causing fishmeal prices to surge. The spike directly affects premium aquafeed formulations that typically include 15–25% fishmeal, squeezing profit margins for feed manufacturers. To manage this volatility, companies are increasingly relying on strategies such as maintaining inventory buffers and partially substituting with insect meals. Margin risks persist when futures prices accelerate faster than adjustments in retail feed pricing, highlighting the ongoing vulnerability of aquaculture supply chains to raw material fluctuations and global climate events.
Disease Outbreaks (EMS and WSSV) Disrupting Feed Demand
Disease outbreaks such as Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV) affect shrimp farms across the Asia-Pacific region. These disease cycles slow the adoption of premium feeds, extend accounts receivable periods, and force factories to hold elevated safety stocks, which increases carrying costs. Such disruptions underscore the sensitivity of feed demand to biological risks, emphasizing the importance of biosecurity and proactive farm management to maintain supply stability.
Segment Analysis
By Feed Type: Functional Products Unlock Premium Margins
Grower diets represented 45.5% of the shrimp feed market size in 2024 due to longer grow-out phases in intensive ponds that consume the bulk of rations. Functional and medicated lines, while smaller, are expanding at a 9.0% CAGR because immunity boosters ease mortality fears and attract export premiums. Formulators load beta-glucans, essential oils, and targeted probiotics that cut ammonia and enhance gut health. As a result, farms switching to these blends report 8-12% better feed conversion, underpinning willingness to absorb 25-35% price uplifts. Antibiotic mandates in Europe push Asian exporters to embrace additive-rich recipes, cementing demand upside without breaching drug residue thresholds.
Starter diets remain critical but niche, serving high-value hatchery windows; they command margin multipliers because formulations must deliver micro-particle stability and vitamin density. Finisher feeds focus on muscle accretion and pigment deposition to hit retail color grades. Although these segments account for less volume, technology efforts target micro-encapsulation and digestibility aids to raise final harvest quality. Balanced portfolios thus help manufacturers hedge volume against value, sustaining overall shrimp feed market growth.

Note: Segment shares of all individual segments available upon report purchase
By Form: Liquid Innovations Challenge Pellet Dominance
Pellets still shaped 66.0% of the shrimp feed market size in 2024, backed by entrenched extrusion lines and farmer familiarity. Yet liquid alternatives clock a 10.0% CAGR by delivering nutrients via recirculating systems that reduce pond waste. Early adopters in super-intensive Ecuadorian raceways showcase 15-20% lower feed conversion when liquids replace part of the pellet ration. Crumbles serve transitional nursery stages, representing a modest share of volume, while powders cater to supplementation protocols in hatcheries. Regulatory frameworks lag, but pilot approvals in Europe signal a compliance path that should accelerate uptake.
Pellet suppliers are not standing still; binding advances improve sink rate and nutrient retention, narrowing performance gaps. Many dual-line factories now co-produce pellets and liquids, allowing flexible output tailored to farmer system design. As capital budgets loosen, liquid systems gain share in the shrimp feed market, especially where water reuse mandates tighten discharge standards.
By Shrimp Species: Genetics Reshape Demand Allocation
Pacific White shrimp retained 62.5% of the shrimp feed market size in 2024 due to a feed conversion near 1.4 and tolerance for broad salinity ranges. Selective breeding programs deliver lines that resist Vibrio and thrive in inland brackish ponds, widening geographic scope. Black Tiger shrimp impressed with a 7.6% CAGR as genomic tools restored disease resilience and supported premium niche pricing. Formulators adjust amino-acid ratios and pigment blends to match species-specific metabolisms, strengthening brand differentiation. Lesser-produced species such as kuruma shrimp occupy regional pockets where culinary heritage dictates preference, offering short production windows but high price ceilings.
Species diversification insulates growers from market price swings, but raises feed R&D burdens since each genotype optimizes performance under distinct nutrient keys. Multispecies producers, therefore, demand technical service packages alongside feed, favoring suppliers able to run on-farm trials and customize rations swiftly. This capability separates global majors from regional vendors and deepens competitive moats in the shrimp feed market.

Geography Analysis
Asia-Pacific delivered 70.5% of the shrimp feed market size in 2024, on volumes from China, Vietnam, India, and Thailand, supported by mature infrastructure and dense coastal farming corridors. Governments continue to subsidize pond lining, aeration, and feed management solutions to sustain rural livelihoods and export earnings. As environmental regulations tighten, premium feed formulas that reduce effluent nitrogen gain share, allowing manufacturers to reposition portfolios toward sustainability-linked products. The region persists as the launchpad for AI feeding trials, given concentrated pond clusters that speed collective learning and diffusion.
Africa, smaller, is projected to advance fastest at 9.8% CAGR during the forecast period as Egypt’s integrated rice-shrimp projects reach scale and Nigeria’s cold-chain build-out unlocks domestic consumption. Feed imports fill near-term gaps, but new mills in Lagos and Port Said plan capacity that will localize supply within five years. Nigeria’s public-private hatchery partnerships improve seed quality, unlocking feed demand by enhancing survival rates. Yet logistics hurdles persist; imported soybean meal and fishmeal must clear congested ports, lengthening lead times.
South America maintains a disciplined growth path, guided by Ecuador’s world-leading harvest yields that exceed 6 tons per hectare in optimized ponds. Zero-water-exchange systems protect against pathogen ingress and reduce discharge penalties, reinforcing the need for stable, water-friendly feeds. Brazil’s inland farms in Ceará and Rio Grande do Norte offset coastal space constraints, but longer haul distances for feed inputs raise delivered costs. Regional free-trade pacts facilitate ingredient flow from Peru and Chile, cushioning volatility.

Competitive Landscape
The shrimp feed market exhibits moderate competition, with major vendors controlling a substantial portion of global revenue. Charoen Pokphand Foods PCL maintains market strength through vertically integrated operations encompassing seed, feed, and processed shrimp. Cargill, Incorporated operates multiple country-specific mills and develops functional feeds incorporating insect protein blends. Nutreco enhances its market position by combining proprietary diets with IoT-enabled pond technology through its Eruvaka acquisition, providing comprehensive precision-feeding solutions.
Regional manufacturers demonstrate competitive strength by customizing feed formulations for specific water conditions and species requirements. Avanti Feeds Limited in India and Guangdong HAID Group Co., Ltd in China specialize in rapid formulation modifications, supported by technical teams that monitor pond performance. Schouw & Co. has increased its West African market presence by developing pellets suited to local mangrove environments, reducing dependence on generic imports. Recent patent applications focus on encapsulation methods, enzyme incorporation, and algae lipid stabilization, indicating industry movement toward specialized formulations to maintain profit margins.
Market consolidation continues as companies pursue geographical expansion and technical capabilities. Charoen Pokphand Foods PCL's acquisition of Viet Thang strengthens its Vietnamese operations and proximity to Mekong Delta demand centers. BioMar's establishment of Ecuador operations serves the South American market growth while reducing transportation emissions. Ridley Corporation Limited has expanded its ASEAN distribution network to serve distributed pond operations. These strategic developments indicate that market success depends on integrated service capabilities and environmental performance alongside production capacity.
Shrimp Feed Industry Leaders
Charoen Pokphand Foods PCL
Cargill, Incorporated
Nutreco (Skretting)
Schouw & Co.
Guangdong HAID Group Co., Ltd
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- September 2025: Schouw & Co. (BioMar) and Innovafeed announced large-scale integration of insect protein into commercial shrimp feed in Ecuador (September 2025). Research shows black soldier fly meal provides functional benefits including antimicrobial peptides that improve shrimp health, positioning insect meal as a viable functional ingredient in shrimp feed formulations rather than just a protein substitute.
- December 2024: Thai Union Feedmill launched organic-certified shrimp feed targeting specialty segments. The product supports sustainable and residue-free shrimp production, catering to the growing demand for high-quality, environmentally responsible feeds in the global shrimp feed market.
Global Shrimp Feed Market Report Scope
| Starter Feed |
| Grower Feed |
| Finisher Feed |
| Functional / Medicated Feed |
| Pellets |
| Crumbles |
| Powder |
| Liquid Feed |
| Pacific White (L. vannamei) |
| Black Tiger (P. monodon) |
| Other Species |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| South America | Brazil |
| Ecuador | |
| Rest of South America | |
| Europe | Germany |
| United Kingdom | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Vietnam | |
| Indonesia | |
| Rest of Asia-Pacific | |
| Middle East | Saudi Arabia |
| United Arab Emirates | |
| Rest of Middle East | |
| Africa | Egypt |
| South Africa | |
| Rest of Africa |
| By Feed Type | Starter Feed | |
| Grower Feed | ||
| Finisher Feed | ||
| Functional / Medicated Feed | ||
| By Form | Pellets | |
| Crumbles | ||
| Powder | ||
| Liquid Feed | ||
| By Shrimp Species | Pacific White (L. vannamei) | |
| Black Tiger (P. monodon) | ||
| Other Species | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| South America | Brazil | |
| Ecuador | ||
| Rest of South America | ||
| Europe | Germany | |
| United Kingdom | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Vietnam | ||
| Indonesia | ||
| Rest of Asia-Pacific | ||
| Middle East | Saudi Arabia | |
| United Arab Emirates | ||
| Rest of Middle East | ||
| Africa | Egypt | |
| South Africa | ||
| Rest of Africa | ||
Key Questions Answered in the Report
What is the current size of the global shrimp feed market?
The shrimp feed market size is USD 4.44 billion in 2025 and is projected to hit USD 5.90 billion by 2030.
Which region accounts for the largest share of shrimp feed demand?
Asia-Pacific captures 70.5% of 2024 revenue due to high-density farming centers in China, Vietnam, India, and Thailand.
Which feed type is growing fastest through 2030?
Functional and medicated feeds are expanding at a 9.0% CAGR as farmers seek immunity-boosting additives that replace antibiotics.
How are AI systems impacting feed efficiency?
Precision feeding platforms lower feed conversion ratios from roughly 1.7 to 1.3, saving farms up to 20% on feed costs.




