Aquafeed Market to Reach $109.7 Billion by 2036 as Farmed Output Drives 5.8% CAGR
Updated
Updated · futuremarketinsights.com · Aug 12
Aquafeed Market to Reach $109.7 Billion by 2036 as Farmed Output Drives 5.8% CAGR
1 articles · Updated · futuremarketinsights.com · Aug 12
Summary
$109.7 billion is the projected 2036 size of the aquafeed and alternative aqua protein market, up from $62.4 billion in 2026 as feed demand repeats with each aquaculture production cycle.
5.8% annual growth is tied to expanding fed-aquaculture output, with FAO citing 103 million tonnes of aquatic animals produced in 2024 and 104.2 million tonnes expected in 2025 global aquatic output.
Fishmeal is still forecast to hold a 43.9% ingredient share in 2026, while salmon leads species demand at 45.6% and powder leads form at 41.3%, reflecting feed mills' preference for proven nutrition and easy dosing.
India is profiled as the fastest-growing country market at 6.8% CAGR, ahead of Vietnam at 6.4% and China at 6.0%, while Chile and Norway trail at 5.6% and 5.2%.
Regulatory checks, traceability rules and batch-consistency concerns remain the main brake on wider use of insect, algal and single-cell proteins despite scale-up efforts by suppliers such as BioMar, Innovafeed and Skretting.
Why are billion-dollar alternative aquafeed proteins struggling to replace traditional fishmeal despite massive sustainability pressures across the aquaculture industry?
Could strict regulatory hurdles for single-cell and insect proteins actually be protecting the traditional fishmeal monopoly in the global aquaculture market?
What hidden processing costs are preventing revolutionary microalgae and insect feeds from dominating the $62 billion global aquafeed market?