水產養殖飼料擠壓市場機會、成長動力、產業趨勢分析及2025-2034年預測

2024 年全球水產飼料擠壓市場規模達 453 億美元，預計到 2034 年將以 7.7% 的複合年成長率成長至 944 億美元。過去十年，該市場穩步擴張，主要得益於高蛋白海鮮需求的不斷成長以及全球向集約化水產養殖模式的轉變。傳統的飼養方法已被更先進的擠壓技術所取代，這些技術可以提供營養豐富、耐水生的飼料。這些創新不僅提高了飼料效率和動物健康，也最大限度地減少了水產養殖系統對環境的影響。飼料擠壓技術能夠實現精準配方和有針對性的營養，對於滿足不同水生物種的飲食需求至關重要。擠壓飼料在消化率、穩定性和轉換率方面均具有優勢，使其成為商業營運的首選。設備技術的進步進一步支持了這一轉變，使全球和地區飼料生產商能夠大規模地客製化飼料解決方案。

特定物種的飼料需求持續影響市場動態。 2024年，鯉魚佔了按物種分類的最大市場佔有率，達34.3%，這得益於飼料生產的成本效益和易用性。每種水生物種都面臨不同的營養和生長挑戰，這增加了飼料配方和擠壓加工需求的複雜性。雖然肉食性魚類受益於富含蛋白質的擠壓加工配方，但製造商也被迫保持價格的可負擔性，尤其是在成本敏感的地區。轉向營養更優質、水穩定性更高的飼料對於改善魚類健康和最大限度地減少營養物質的流失至關重要，而營養物質的流失仍然是水生環境中的關鍵問題。同時，養殖戶尋求易於在食用過程中監控並有助於減少整體浪費的飼料，尤其是在高產量養殖環境中。

例如，羅非魚飼料生產已轉向使用植物蛋白，以減少對魚粉的依賴，從而支持轉向更永續的飼料成分。鯰魚飼料通常蛋白質含量較低，且以下沉顆粒形式存在，目前正在重新評估，以滿足集約化養殖對高消化率飼料日益成長的需求。隨著飼料轉換率受到越來越嚴格的審查，生產商正在努力在品質和成本之間取得平衡，力求在不增加成本的情況下保持效率。

依飼料類型分類，顆粒飼料在2024年佔據水產養殖飼料擠壓市場的49.5%佔有率，佔據主導地位。預計顆粒飼料將繼續以7.3%的複合年成長率成長，這主要得益於大型水產養殖設施對飼料輸送一致性和性能的追求。其浮力、水穩定性以及高營養負荷能力使其成為眾多水生物種的理想選擇。擠壓技術的不斷進步使得開發出滿足特定攝食行為和環境條件的專用漂浮型和緩沉型顆粒飼料成為可能。然而，優質顆粒飼料的生產成本高昂，這對於預算有限的小規模生產者來說可能是一個障礙。

顆粒飼料因其體積小、易於攝食，仍廣泛用於幼年水生生物的餵食。雖然它們使用方便，但通常缺乏足夠的水穩定性，導致浪費增多，並且在高密度養殖系統中需要精心管理。粉狀飼料通常用於早期魚蝦的孵化場，它能提供必需的營養物質，但需要精準投餵，以避免過度餵食和水質惡化。

市場分銷管道分為線上和線下。 2024年，線下銷售佔據市場主導地位，佔總收入的74%。由於線下通路在主要水產養殖地區的強勁成長，預計其複合年成長率將達到8.9%。線下通路因其提供的個人化支援而廣受歡迎，包括靈活的付款條件、客製化的營養計劃和隨時可用的庫存供應。這些因素在水產養殖基礎設施完善的地區尤其重要。

從區域來看，亞太地區在2024年以39.3%的營收佔有率領先全球市場。該地區受益於高水產養殖產量以及政府旨在推動飼料現代化和永續性的有利措施。中國、印度和東南亞等市場繼續保持區域主導地位，其海鮮消費量不斷成長，並致力於提高飼料效率。相較之下，北美等地區則呈現溫和但穩定的成長，這得益於人們對永續水產養殖實踐的認知不斷提高以及對本地採購海鮮的重視。

領先的市場參與者包括ADM、嘉吉、Biomar、普瑞納動物營養有限公司、Skretting、帝斯曼和愛樂水產集團。這些公司透過創新、蛋白質來源多樣化以及環保飼料產品的開發來塑造市場格局。他們的努力既支持全球規模營運，也支持本地化飼料客製化，從而增強了整個水產養殖飼料擠壓生態系統。

目錄

第1章：方法論與範圍

第2章：執行摘要

第3章：行業洞察

• 產業生態系統分析
  • 影響價值鏈的因素
  • 利潤率分析
  • 中斷
  • 未來展望
  • 製造商
  • 經銷商
  • 對貿易的影響
  • 貿易量中斷
• 報復措施
• 貿易統計（HS編碼）
  • 2021-2024年主要出口國
  • 2021-2024年主要進口國
• 對產業的影響
  • 供應方影響（原料）
    • 主要材料價格波動
    • 供應鏈重組
    • 生產成本影響
• 需求面影響（售價）
  • 價格傳導至終端市場
  • 市佔率動態
  • 消費者反應模式
• 受影響的主要公司
• 策略產業反應
  • 供應鏈重組
  • 定價和產品策略
  • 政策參與
• 展望與未來考慮
• 供應商格局
• 利潤率分析
• 重要新聞和舉措
• 監管格局
• 衝擊力
  • 成長動力
    • 轉向永續和替代原料
    • 飼料擠壓技術進步
    • 高性能功能性飼料需求不斷成長
  • 產業陷阱與挑戰
    • 價格波動
    • 原料供應有限
• 成長潛力分析
• 波特的分析
• PESTEL分析

第4章：競爭格局

• 介紹
• 公司市佔率分析
• 競爭定位矩陣
• 戰略展望矩陣

第5章：市場估計與預測：按物種，2021 年至 2034 年

• 主要趨勢
• 鯉魚
• 海蝦
• 羅非魚
• 鯰魚
• 海洋魚類

第6章：市場估計與預測：依飼料類型，2021 年至 2034 年

• 主要趨勢
• 顆粒
• 顆粒
• 粉末
• 其他

第7章：市場估計與預測：按配銷通路，2021 年至 2034 年

• 主要趨勢
• 線上
• 離線

第8章：市場估計與預測：按地區，2021 年至 2034 年

• 主要趨勢
• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 德國
  • 英國
  • 法國
  • 西班牙
  • 義大利
  • 荷蘭
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 澳洲
  • 韓國
• 拉丁美洲
  • 巴西
  • 墨西哥
  • 阿根廷
• 中東和非洲
  • 沙烏地阿拉伯
  • 南非
  • 阿拉伯聯合大公國

第9章：公司簡介

• Cargill
• ADM
• Biomar
• Skretting
• Purina Animal Nutrition llc.
• Marubeni Nisshin Feed co.,ltd.
• Fish Feed Extruder
• DSM
• Aller Aqua Group
• Heritage Nutrient Limited

The Global Aquaculture Feed Extrusion Market was valued at USD 45.3 billion in 2024 and is estimated to grow at a CAGR of 7.7% to reach USD 94.4 billion by 2034. Over the last decade, this market has witnessed steady expansion, largely fueled by the rising demand for high-protein seafood and the global shift toward intensive aquaculture practices. Traditional feeding methods have given way to more advanced extrusion techniques that provide nutrient-dense, water-stable feed options. These innovations have not only improved feed efficiency and animal health but have also minimized the environmental impact of aquaculture systems. Feed extrusion, which allows for precise formulation and targeted nutrition, has become critical to meeting the dietary needs of diverse aquatic species. Extruded feeds offer advantages in terms of digestibility, stability, and conversion rates, making them the preferred choice across commercial operations. Enhanced equipment technology has further supported this transition by giving both global and regional feed producers the ability to create tailored feed solutions at scale.

Species-specific feed demand continues to shape market dynamics. In 2024, carp held the largest market share by species at 34.3%, driven by the cost-effectiveness of feed production and ease of application. Each aquatic species poses different nutritional and growth challenges, contributing to the complexity of feed formulation and extrusion requirements. While carnivorous species benefit from protein-rich extruded formulations, manufacturers are also being pushed to maintain affordability-particularly in cost-sensitive regions. The shift toward nutritionally superior, water-stable feeds is central to improving fish health and minimizing nutrient leaching, which remains a key concern in aquatic environments. At the same time, farmers seek feeds that are easy to monitor during consumption and contribute to reducing overall wastage, especially in high-volume farming setups.

Tilapia feed production, for instance, has seen a transition toward plant-based proteins to reduce reliance on fishmeal, supporting the move toward more sustainable feed ingredients. Catfish feeds, typically lower in protein and presented in sinking pellet forms, are being re-evaluated to meet the rising need for highly digestible feed in intensive farming operations. As feed conversion ratios come under greater scrutiny, producers are working to strike a balance between quality and cost, aiming to maintain efficiency without driving up expenses.

When categorized by feed type, pellets led the aquaculture feed extrusion market in 2024 with a 49.5% share. Pellets are expected to continue expanding at a CAGR of 7.3%, driven by demand from large-scale aquaculture facilities seeking consistency and performance in feed delivery. Their buoyancy, water stability, and ability to carry high nutrient loads make them ideal for a broad range of aquatic species. Ongoing advances in extrusion allow for the development of specialized floating and slow-sinking pellet types that meet specific feeding behaviors and environmental conditions. However, premium pellet feeds come with high production costs, which can be a hurdle for small-scale producers with limited budgets.

Granules remain widely used for juvenile aquatic species due to their small size and ease of intake. Although they are convenient, they often lack sufficient water stability, leading to higher waste and requiring careful management in high-density systems. Powdered feed, generally used in hatcheries for early-stage fish and shrimp, delivers essential nutrients but demands precise application to avoid overfeeding and deterioration in water quality.

The market's distribution channels are divided into online and offline modes. In 2024, offline sales dominated the market, accounting for 74% of total revenue. This channel is expected to grow at a robust CAGR of 8.9% due to its strong presence in key aquaculture regions. Offline channels are popular due to the personalized support they provide, including flexible payment terms, customized nutritional planning, and ready inventory supply. These factors are especially important in regions with well-established aquaculture infrastructure.

Regionally, Asia Pacific led the global market with a 39.3% revenue share in 2024. The region benefits from high aquaculture output and favorable government initiatives aimed at feed modernization and sustainability. Markets such as China, India, and Southeast Asia continue to drive regional dominance, with increasing seafood consumption and efforts to enhance feed efficiency. In contrast, regions like North America show moderate but steady growth, driven by growing awareness of sustainable aquaculture practices and a focus on locally sourced seafood.

Leading market players include ADM, Cargill, Biomar, Purina Animal Nutrition LLC, Skretting, DSM, and Aller Aqua Group. These companies shape the market landscape through innovation, diversification of protein sources, and development of environmentally conscious feed products. Their efforts support both global scale operations and localized feed customization, strengthening the overall aquaculture feed extrusion ecosystem.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
  • 1.5.2 Data mining sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
  • 3.1.7 Impact on trade
  • 3.1.8 Trade volume disruptions
• 3.2 Retaliatory measures
• 3.3 Trade statistics (HS Code)
  • 3.3.1 Major exporting countries, 2021-2024 (Kilo Tons)
  • 3.3.2 Major importing countries, 2021-2024 (Kilo Tons)
• 3.4 Impact on the industry
  • 3.4.1 Supply-Side impact (raw materials)
    • 3.4.1.1 Price volatility in key materials
    • 3.4.1.2 Supply chain restructuring
    • 3.4.1.3 Production cost implications
• 3.5 Demand-side impact (selling price)
  • 3.5.1 Price transmission to end markets
  • 3.5.2 Market share dynamics
  • 3.5.3 Consumer response patterns
• 3.6 Key companies impacted
• 3.7 Strategic industry responses
  • 3.7.1 Supply chain reconfiguration
  • 3.7.2 Pricing and product strategies
  • 3.7.3 Policy engagement
• 3.8 Outlook and Future considerations
• 3.9 Supplier landscape
• 3.10 Profit margin analysis
• 3.11 Key news & initiatives
• 3.12 Regulatory landscape
• 3.13 Impact forces
  • 3.13.1 Growth drivers
    • 3.13.1.1 Shift toward sustainable and alternative ingredients
    • 3.13.1.2 Technological advancements in feed extrusion
    • 3.13.1.3 Rising demand for high-performance functional feeds
  • 3.13.2 Industry pitfalls & challenges
    • 3.13.2.1 Volatile pricing
    • 3.13.2.2 Limited availability of raw materials
• 3.14 Growth potential analysis
• 3.15 Porter's analysis
• 3.16 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Species, 2021 – 2034 (USD Billion) (Kilo Tons)

• 5.1 Key trends
• 5.2 Carp
• 5.3 Marine shrimps
• 5.4 Tilapias
• 5.5 Catfishes
• 5.6 Marine fishes

Chapter 6 Market Estimates and Forecast, By Feed Type, 2021 – 2034 (USD Billion) (Kilo Tons)

• 6.1 Key trends
• 6.2 Pellets
• 6.3 Granules
• 6.4 Powder
• 6.5 Others

Chapter 7 Market Estimates and Forecast, By Distribution Channel, 2021 – 2034 (USD Billion) (Kilo Tons)

• 7.1 Key trends
• 7.2 Online
• 7.3 Offline

Chapter 8 Market Estimates and Forecast, By Region, 2021 – 2034 (USD Billion) (Kilo Tons)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 France
  • 8.3.4 Spain
  • 8.3.5 Italy
  • 8.3.6 Netherlands
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 Australia
  • 8.4.5 South Korea
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Argentina
• 8.6 Middle East and Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 South Africa
  • 8.6.3 UAE

Chapter 9 Company Profiles

• 9.1 Cargill
• 9.2 ADM
• 9.3 Biomar
• 9.4 Skretting
• 9.5 Purina Animal Nutrition llc.
• 9.6 Marubeni Nisshin Feed co.,ltd.
• 9.7 Fish Feed Extruder
• 9.8 DSM
• 9.9 Aller Aqua Group
• 9.10 Heritage Nutrient Limited