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Asia Pacific Aquafeed Market Report by End User (Carps, Shrimp, Tilapia, Mollusks, Catfish, Salmon, Lobsters, and Others), Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Others), Additives (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers, and Others), Product Forms (Pellets, Extruded, Powdered, Liquid), and Country 2024-2032
Market Report I 2024-04-08 I 137 Pages I IMARC Group
The Asia Pacific aquafeed market size reached 48.3 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 89.6 Million Tons by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.
Aquafeeds refers to the compounded meals which are arranged to feed various aquatic animals by combining various raw materials and additives. These blends are prepared and provided according to the specific requisite of the species and their age. Aquafeed plays a key role in providing normal growth and health of the aquatic organisms. It also helps in mitigating the effects of stress, decreasing the susceptibility to disease, and improving the immunity.
Asia pacific currently accounts for the highest share in the global aquaculture production. Demand of seafood in the Asia Pacific region is catalyzed by both domestic consumption and exports. Seafood plays a key role in the dietary habits in several Asian countries such as China, Thailand, Vietnam, Indonesia, Malaysia, South Korea, Japan, etc. Catalyzed by rising incomes and Increasing health consciousness, dietary habits in the region are witnessing a transition from a high carbohydrate-based diet to one that is rich in proteins. This has encouraged many consumers to opt for protein sources such as meat and seafood. Apart from domestic consumption, several Asian countries such as China, Vietnam, India, etc. also represent major exporters of seafood such as fish and shrimps. Moreover, increasing population, rising disposable incomes and rising aquaculture production has also increased the demand of aquafeed market in the region. In addition, various government initiatives to increase production of certified sustainable seafood is further accelerating the requirement of aquafeed in the regions.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aquafeed market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on end user, ingredient, additives, and product forms.
Breakup by End User:
Carps
Shrimp
Tilapia
Mollusks
Catfish
Salmon
Lobsters
Others
Breakup by Ingredient:
Soybean
Fish Meal
Corn
Fish Oil
Additives
Others
Breakup by Additives:
Amino Acids
Antibiotics
Vitamins
Feed Acidifiers
Others
Breakup by Product Forms:
Pellets
Extruded
Powdered
Liquid
Breakup by Country:
China
Indonesia
Japan
Bangladesh
Thailand
Vietnam
India
Malaysia
South Korea
Others
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Charoen Pokphand Group, BioMar, Aller Aqua, Tongwei Co. Ltd, Cargill, Ridley Corporation, Alltech Coppens B.V., Nutreco N.V, etc.
IMARC Group's new report provides a deep insight into the Asia Pacific aquafeed market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Asia Pacific aquafeed market in any manner.
Key Questions Answered in This Report
1. What was the size of the Asia Pacific aquafeed market in 2023?
2. What is the expected growth rate of the Asia Pacific aquafeed market during 2024-2032?
3. What are the key factors driving the Asia Pacific aquafeed market?
4. What has been the impact of COVID-19 on the Asia Pacific aquafeed market?
5. What is the breakup of the Asia Pacific aquafeed market based on the end user?
6. What is the breakup of the Asia Pacific aquafeed market based on the ingredient?
7. What is the breakup of the Asia Pacific aquafeed market based on the additives?
8. What is the breakup of the Asia Pacific aquafeed market based on the product forms?
9. What are the key regions in the Asia Pacific aquafeed market?
10. Who are the key players/companies in the Asia Pacific aquafeed market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Asia Pacific Aquafeed Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Ingredient
5.4 Market Breakup by Additives
5.5 Market Breakup by Product Forms
5.6 Market Breakup by End User
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Input Suppliers
5.10.3 Feed Manufacturer
5.10.4 Marketing
5.10.5 Distribution
5.10.6 Exports
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Ingredient
6.1 Soybean
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fish Meal
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Corn
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Fish Oil
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Additives
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.1 Market Forecast
7 Market Breakup by Additives
7.1 Amino Acids
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Antibiotics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Vitamins
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Feed Acidifiers
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Product Form
8.1 Pellets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Extruded
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Powdered
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Liquid
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Carps
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Shrimp
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Tilapia
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Mollusks
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Catfish
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Salmon
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Lobsters
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 China
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Indonesia
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Japan
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Bangladesh
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Thailand
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Vietnam
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 India
10.7.1 Market Trends
10.7.1 Market Forecast
10.8 Malaysia
10.8.1 Market Trends
10.8.2 Market Forecast
10.9 South Korea
10.9.1 Market Trends
10.9.2 Market Forecast
10.10 Others
10.10.1 Market Trends
10.10.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Charoen Pokphand Group
11.3.2 BioMar
11.3.3 Aller Aqua
11.3.4 Tongwei Co. Ltd
11.3.5 Cargill
11.3.6 Ridley Corporation
11.3.7 Alltech Coppens B.V.
11.3.8 Nutreco N.V
Figure 1: Asia Pacific: Aquafeed Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Aquafeed Market: Production Volume (in Million Tons), 2018-2023
Figure 3: Asia Pacific: Aquafeed Market: Consumption Volume (in Million Tons), 2018-2023
Figure 4: Asia Pacific: Aquafeed Market: Value Trends (in US$ Million), 2018-2023
Figure 5: Asia Pacific: Aquafeed Market: Breakup by Ingredient (in %), 2023
Figure 6: Asia Pacific: Aquafeed Market: Breakup by Additives (in %), 2023
Figure 7: Asia Pacific: Aquafeed Market: Breakup by Product Forms (in %), 2023
Figure 8: Asia Pacific: Aquafeed Market: Breakup by End User (in %), 2023
Figure 9: Asia Pacific: Aquafeed Market: Breakup by Region (in %), 2023
Figure 10: Asia Pacific: Aquafeed Market Forecast: Production Volume (in Million Tons), 2024-2032
Figure 11: Asia Pacific: Aquafeed Market Forecast: Consumption Volume (in Million Tons), 2024-2032
Figure 12: Asia Pacific: Aquafeed Market Forecast: Value Trends (in US$ Million), 2024-2032
Figure 13: Asia Pacific: Aquafeed Industry: SWOT Analysis
Figure 14: Asia Pacific: Aquafeed Industry: Value Chain Analysis
Figure 15: Asia Pacific: Aquafeed Industry: Porter's Five Forces Analysis
Figure 16: Asia Pacific: Aquafeed (Soybean) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 17: Asia Pacific: Aquafeed (Soybean) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 18: Asia Pacific: Aquafeed (Fish Meal) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 19: Asia Pacific: Aquafeed (Fish Meal) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 20: Asia Pacific: Aquafeed (Corn) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 21: Asia Pacific: Aquafeed (Corn) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 22: Asia Pacific: Aquafeed (Fish Oil) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 23: Asia Pacific: Aquafeed (Fish Oil) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 24: Asia Pacific: Aquafeed (Additives) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 25: Asia Pacific: Aquafeed (Additives) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 26: Asia Pacific: Aquafeed (Other Ingredients) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 27: Asia Pacific: Aquafeed (Other Ingredients) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 28: Asia Pacific: Aquafeed (Amino Acids) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 29: Asia Pacific: Aquafeed (Amino Acids) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 30: Asia Pacific: Aquafeed (Antibiotics) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 31: Asia Pacific: Aquafeed (Antibiotics) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 32: Asia Pacific: Aquafeed (Vitamins) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 33: Asia Pacific: Aquafeed (Vitamins) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 34: Asia Pacific: Aquafeed (Feed Acidifiers) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 35: Asia Pacific: Aquafeed (Feed Acidifiers) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 36: Asia Pacific: Aquafeed (Other Additives) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 37: Asia Pacific: Aquafeed (Other Additives) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 38: Asia Pacific: Aquafeed (Pellets) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 39: Asia Pacific: Aquafeed (Pellets) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 40: Asia Pacific: Aquafeed (Extruded) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 41: Asia Pacific: Aquafeed (Extruded) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 42: Asia Pacific: Aquafeed (Powdered) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 43: Asia Pacific: Aquafeed (Powdered) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 44: Asia Pacific: Aquafeed (Liquid) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 45: Asia Pacific: Aquafeed (Liquid) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 46: Asia Pacific: Aquafeed (Carps) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 47: Asia Pacific: Aquafeed (Carps) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 48: Asia Pacific: Aquafeed (Shrimp) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 49: Asia Pacific: Aquafeed (Shrimp) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 50: Asia Pacific: Aquafeed (Tilapia) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 51: Asia Pacific: Aquafeed (Tilapia) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 52: Asia Pacific: Aquafeed (Mollusks) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 53: Asia Pacific: Aquafeed (Mollusks) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 54: Asia Pacific: Aquafeed (Catfish) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 55: Asia Pacific: Aquafeed (Catfish) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 56: Asia Pacific: Aquafeed (Salmon) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 57: Asia Pacific: Aquafeed (Salmon) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 58: Asia Pacific: Aquafeed (Lobsters) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 59: Asia Pacific: Aquafeed (Lobsters) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 60: Asia Pacific: Aquafeed (Other End User) Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 61: Asia Pacific: Aquafeed (Other End User) Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 62: China: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 63: China: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 64: Indonesia: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 65: Indonesia: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 66: Japan: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 67: Japan: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 68: Bangladesh: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 69: Bangladesh: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 70: Thailand: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 71: Thailand: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 72: Vietnam: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 73: Vietnam: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 74: India: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 75: India: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 76: Malaysia: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 77: Malaysia: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 78: South Korea: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 79: South Korea: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Figure 80: Others: Aquafeed Market: Production Volume (in Thousand Tons), 2018 & 2023
Figure 81: Others: Aquafeed Market Forecast: Production Volume (in Thousand Tons), 2024-2032
Table 1: Asia Pacific: Aquafeed Market: Key Industry Highlights, 2023 and 2032
Table 2: Asia Pacific: Aquafeed Market Forecast: Breakup by Ingredient (in Thousand Tons), 2024-2032
Table 3: Asia Pacific: Aquafeed Market Forecast: Breakup by Additives (in Thousand Tons), 2024-2032
Table 4: Asia Pacific: Aquafeed Market Forecast: Breakup by Product Form (in Thousand Tons), 2024-2032
Table 5: Asia Pacific: Aquafeed Market Forecast: Breakup by End User (in Thousand Tons), 2024-2032
Table 6: Asia Pacific: Aquafeed Market Forecast: Breakup by Region (in Thousand Tons), 2024-2032
Table 7: Asia Pacific: Aquafeed Market Structure
Table 8: Asia Pacific: Aquafeed Market: Key Players
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