Value of World Aquafeed Market Growing at 12.3% CAGR to 
2019
 

UNITED STATES

 The global aquafeed market is currently the fastest-
growing segment of the agriculture and animal feed milling 
industry and is witnessing a steady growth particularly in 
China. The aquafeed market has grown exponentially in the 
last decade and this trend is expected to continue. Factors 
such as increasing consumption of sea food and growth in 
the aquaculture industry are increasing the market for the 
aquafeed industry, globally. The Asia-Pacific region was 
the largest market for aquafeed accounting for more than 
76% of the total consumption.

ReportsnReports.com adds Aquafeed Market by End Consumption 
(Fish, Crustaceans, Mollusks, Others), by Additives 
(Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed 
Enzymes, Feed Acidifiers, Others), by Geography - Global 
Trends & Forecasts to 2019 research report that says the 
Asia-Pacific region again took the major market share in 
terms of consumption with 76% of the total aquafeed market 
share in 2013. Increase in the domestic demand has 
contributed to the continuing growth trend particularly in 
this region. Fish dominated the Aquafeed market, by animal 
species, in 2013, with more than half of the market share. 
The global Aquafeed market is projected to be valued at 
89,479.0 MT by 2019 and $123,990.3 million by 2019 at CAGRs 
of 10.7% and 12.3%, respectively, from 2014 to 2019.