Please Wait.....
Report
China Aquafeed Market Report by Species (Carps, Catfish, Tilapia, Shrimp, and Others), Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Others), Additive (Vitamins and Minerals, Amino Acids, Antibiotics, Feed Acidifiers, and Others), Product Form (Pellets, Extruded, Powdered, Liquid), and Province 2024-2032
Market Report I 2024-01-30 I 120 Pages I IMARC Group
The China aquafeed market size reached 16.9 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 30.6 Million Tons by 2032, exhibiting a growth rate (CAGR) of 6.6% during 2024-2032.
The feeds are compounded meals available in various forms which provide nutrition in a stable and concentrated form, enabling the aquatic animals to grow efficiently and to their full potential. These blends are prepared and provided to the aquatic animals according to the specific requisite of the species and their age. Aquafeed plays a major role in providing normal growth and health of the aquatic animals.
China is currently the leading producer, consumer and exporter of aquafeed globally, more specifically, a leading producer of fish feed as well. The country has also dominated in the global aquaculture production for almost two decades. In 2019, coastal fishing ban in China led to a rise in the aquaculture and marine culture, which further increased the growth of the fish feed demand, thereby increasing the need to produce high quality and more formulated feeds in the country. Moreover, factors such as increasing seafood consumption in China coupled with the rising consumer awareness about the seafood quality are further escalating the demand for aquafeed in the region. In addition to this, the Chinese government is also taking various initiatives to strengthen the aquaculture industry in order to increase its production share in the international market. Currently, there is a huge demand of fish feed in the country. At times, country's production of fishmeal is not enough for domestic use. It needs to be re-imported and cannot be exported to other countries, thereby rising the market of aquafeed in the country itself.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the China aquafeed market report, along with forecasts at the country and province level from 2024-2032. Our report has categorized the market based on species, ingredient, additive and product form.
Breakup by Species:
Carps
Catfish
Tilapia
Shrimp
Others
Carps currently dominate the aquafeed market in China, holding the largest share.
Breakup by Ingredient:
Soybean
Fish Meal
Corn
Fish Oil
Additives
Others
Amongst all the ingredient types, soybean currently dominates the China aquafeed market.
Breakup by Additive:
Vitamins and Minerals
Amino Acids
Antibiotics
Feed Acidifiers
Others
Vitamins and minerals currently represent the most popular type of additives.
Breakup by Product Form:
Pellets
Extruded
Powdered
Liquid
Among all the product forms, pellets currently represent the largest type accounting for majority of the market share.
Breakup by Province:
Guangdong
Jiangsu
Hubei
Hunan
Zhejiang
Others
Province-wise, Guangdong currently represents the largest market.
Competitive Landscape:
The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry. Some of the key players include Cargill, Alltech China, Liaoning Wellhope Agri-Tech Joint Stock Co., Tongwei Group Co., Aller Aqua, Nutreco, BioMar-Tongwei Biotech (Wuxi), Charoen Pokphand Group, etc.
Key Questions Answered in This Report
1. What was the size of the China aquafeed market in 2023?
2. What is the expected growth rate of the China aquafeed market during 2024-2032?
3. What are the key factors driving the China aquafeed market?
4. What has been the impact of COVID-19 on the China aquafeed market?
5. What is the breakup of the China aquafeed market based on the species?
6. What is the breakup of the China aquafeed market based on the ingredient?
7. What is the breakup of the China aquafeed market based on the additive?
8. What is the breakup of the China aquafeed market based on the product form?
9. What are the key regions in the China aquafeed market?
10. Who are the key players/companies in the China 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 China Aquafeed Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Species
5.5 Market Breakup by Ingredient
5.6 Market Breakup by Additive
5.7 Market Breakup by Product Form
5.8 Market Breakup by Province
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Overview
5.11.2 Input Suppliers
5.11.3 Feed Manufacturers
5.11.4 Marketing
5.11.5 Distribution
5.11.6 Export
5.11.7 End-Use
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Rivalry
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Price Analysis
5.13.1 Key Price Indicators
5.13.2 Price Structure
5.13.3 Margin Analysis
6 Market Breakup by Species
6.1 Carps
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Catfish
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Tilapia
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Shrimp
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Ingredient
7.1 Soybean
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fish Meal
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Corn
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Fish Oil
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Additives
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Additive
8.1 Vitamins and Minerals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Amino Acids
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Antibiotics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Feed Acidifiers
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Product Form
9.1 Pellets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Extruded
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Powdered
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Liquid
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Province
10.1 Guangdong
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Jiangsu
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Hubei
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Hunan
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Zhejiang
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Cargill
11.3.2 Alltech China
11.3.3 Liaoning Wellhope Agri-Tech Joint Stock Co.
11.3.4 Tongwei Group Co.
11.3.5 Aller Aqua
11.3.6 Nutreco
11.3.7 BioMar-Tongwei Biotech (Wuxi)
11.3.8 Charoen Pokphand Group
Figure 1: China: Aquafeed Market: Major Drivers and Challenges
Figure 2: China: Aquafeed Market: Production Volume (in Million Tons), 2018-2023
Figure 3: China: Aquafeed Market: Value Trends (in Billion US$), 2018-2023
Figure 4: China: Aquafeed Market: Breakup by Species (in %), 2023
Figure 5: China: Aquafeed Market: Breakup by Ingredient (in %), 2023
Figure 6: China: Aquafeed Market: Breakup by Additive (in %), 2023
Figure 7: China: Aquafeed Market: Breakup by Product Form (in %), 2023
Figure 8: China: Aquafeed Market: Breakup by Province (in %), 2023
Figure 9: China: Aquafeed Market Forecast: Production Volume (in Million Tons), 2024-2032
Figure 10: China: Aquafeed Market Forecast: Value Trends (in Billion US$), 2024-2032
Figure 11: China: Aquafeed Industry: SWOT Analysis
Figure 12: China: Aquafeed Industry: Value Chain Analysis
Figure 13: China: Aquafeed Industry: Porter's Five Forces Analysis
Figure 14: China: Aquafeed (Carps) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 15: China: Aquafeed (Carps) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 16: China: Aquafeed (Catfish) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 17: China: Aquafeed (Catfish) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 18: China: Aquafeed (Tilapia) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 19: China: Aquafeed (Tilapia) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 20: China: Aquafeed (Shrimp) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 21: China: Aquafeed (Shrimp) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 22: China: Aquafeed (Other Species) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 23: China: Aquafeed (Other Species) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 24: China: Aquafeed (Soybean) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 25: China: Aquafeed (Soybean) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 26: China: Aquafeed (Fish Meal) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 27: China: Aquafeed (Fish Meal) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 28: China: Aquafeed (Corn) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 29: China: Aquafeed (Corn) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 30: China: Aquafeed (Fish Oil) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 31: China: Aquafeed (Fish Oil) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 32: China: Aquafeed (Additives) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 33: China: Aquafeed (Additives) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 34: China: Aquafeed (Other Ingredients) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 35: China: Aquafeed (Other Ingredients) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 36: China: Aquafeed (Vitamins and Minerals) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 37: China: Aquafeed (Vitamins and Minerals) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 38: China: Aquafeed (Amino Acids) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 39: China: Aquafeed (Amino Acids) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 40: China: Aquafeed (Antibiotics) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 41: China: Aquafeed (Antibiotics) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 42: China: Aquafeed (Feed Acidifiers) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 43: China: Aquafeed (Feed Acidifiers) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 44: China: Aquafeed (Other Additives) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 45: China: Aquafeed (Other Additives) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 46: China: Aquafeed (Pellets) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 47: China: Aquafeed (Pellets) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 48: China: Aquafeed (Extruded) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 49: China: Aquafeed (Extruded) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 50: China: Aquafeed (Powdered) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 51: China: Aquafeed (Powdered) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 52: China: Aquafeed (Liquid) Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 53: China: Aquafeed (Liquid) Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 54: Guangdong: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 55: Guangdong: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 56: Jiangsu: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 57: Jiangsu: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 58: Hubei: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 59: Hubei: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 60: Hunan: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 61: Hunan: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 62: Zhejiang: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 63: Zhejiang: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Figure 64: Others: Aquafeed Market: Production Volume (in '000 Tons), 2018 & 2023
Figure 65: Others: Aquafeed Market Forecast: Production Volume (in '000 Tons), 2024-2032
Table 1: China: Aquafeed Market: Key Industry Highlights, 2023 and 2032
Table 2: China: Aquafeed Market Forecast: Breakup by Species (in '000 Tons), 2024-2032
Table 3: China: Aquafeed Market Forecast: Breakup by Ingredient (in '000 Tons), 2024-2032
Table 4: China: Aquafeed Market Forecast: Breakup by Additive (in '000 Tons), 2024-2032
Table 5: China: Aquafeed Market Forecast: Breakup by Product Form (in '000 Tons), 2024-2032
Table 6: China: Aquafeed Market Forecast: Breakup by Province (in '000 Tons), 2024-2032
Table 7: China: Aquafeed Market: Competitive Structure
Table 8: China: Aquafeed Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security