세계의 양어용 사료 시장 규모는 2023년 555억 9,000만 달러에서 2031년 948억 달러에 달할 것으로 예상되며, 예측 기간인 2024-2031년 동안 연평균 6.90%의 성장률을 보일 것으로 예상됩니다. 어류 영양 및 소화 요구 사항을 기반으로 양어용 사료 시장에서 다양한 제형을 제공하기 위해 수행되는 기술 혁신은 시장에서 인기를 얻고 있습니다. 어종에 따라 필요한 식단이 다르기 때문에 특정 배합 사료가 필요하기 때문입니다. 2024년 6월, Nutreco N.V.의 브랜드인 Skretting은 최신 어류 양식용 사료 제제인 AmiNova를 출시하며, 양식업이 다양해지고 어종이 증가함에 따라 특정 어종에 특화된 사료에 대한 수요가 증가하고 있습니다. 이 출시를 통해 Skretting은 이상적인 소화하기 쉬운 아미노산 프로필을 기반으로 한 새로운 양어용 사료 배합 방법을 도입하고자 합니다.
양어용 사료 관련 기술 발전이 시장 성장을 촉진하고 있습니다. 2023년 3월, Aller Aqua는 최신 브랜드인 Ocean을 출시하면서, 조류와 식물성 단백질과 같은 지속가능한 대체 단백질 공급원을 동시에 사용하는 등 우수한 품질과 혁신적인 배합을 출시했습니다. 이 브랜드는 회사의 전체 양어용 사료 포트폴리오를 아우르는 브랜드입니다. 이 브랜드는 해수 어종에 대한 고품질 사료를 설계 및 제조하여 고객에게 고성능 솔루션을 지속적으로 제공 할 것입니다.
아시아태평양은 어류 양식이 활발히 이루어지고 있어 양어용 사료 수요가 가장 많이 증가하는 지역입니다. 또한, 지속가능한 양식업에 대한 추세는 환경 사료 측면에서 우수한 대체품에 대한 수요를 증가시켜 양어용 사료 시장의 수준을 확대하고 있습니다. 그 후, 아시아태평양은 어류 생산에서 선두를 차지하고 성장을 불러 일으키고 시장의 모든 기업을 유지하기 위해 더 나은 품질과 우수한 특수 양어용 사료에 대한 수요를 가져올 수 있습니다. 아시아태평양의 주요 기업들은 지역 수요 증가에 대응하기 위해 양어용 사료 제품을 출시하고 있으며, 2023년 2월 Skretting India는 Surat에 최신 양어용 사료 생산 시설을 건설하여 사업을 확장했습니다. 이 생산 시설을 통해 회사는 고객과 인도 양식업 부문에 대한 지원을 더욱 강화할 수 있습니다. 이 시설은 인도 내수 및 수출 시장에 대응할 수 있습니다.
시장 성장을 촉진하는 분말 사료
분말 사료는 다용도성, 소화성, 영양가의 일관성 때문에 생사료나 펠릿보다 어류가 선호합니다. 첫째, 생사료에 수반되는 대부분의 위험에서 벗어날 수 있습니다. 생사료는 대부분 병원균을 가지고 있으며, 영양가에는 어느 정도의 편차가 있습니다. 다양한 어종과 성장 단계에 따라 다양한 식이 요건에 쉽게 적응할 수 있어 성장과 건강을 극대화할 수 있습니다. 또한, 분말 사료는 물에서 균질하게 용해되기 때문에 모든 물고기, 특히 펠릿이나 생사료에 대항할 힘이 없는 작고 약한 물고기에게 접근 할 수 있습니다.
다양한 주요 기업들이 물고기에게 필요한 영양소를 공급하는 동시에 지속가능한 혁신적인 분말 사료를 출시하고 있으며, 2023년 4월, MiAlgae는 최신 양식용 사료인 NaturAlgae를 출시했습니다. 이 제품은 고농도의 DHA 및 기타 지질을 함유한 오메가 3 분말로, 수산 사료 레시피에 추가할 수 있습니다. 이 회사는 스카치 위스키 산업의 부산물을 재활용하여 양어용 사료로 사용할 수 있는 오메가 3가 풍부한 미세조류를 성장시키기 위한 원료로 사용하고 있습니다.
수산물 소비 증가는 시장 성장을 촉진하는 데 중요한 역할을 수행
수산물에 대한 수요 증가는 양어용 사료 시장의 성장을 촉진하는 주요 요인입니다. 전 세계적으로 수산물 소비는 인구 증가, 소득 증가, 수산물에 대한 건강상의 이점에 대한 인식 증가 등 여러 요인으로 인해 증가하고 있습니다. 생선은 양질의 단백질, 오메가 3 지방산, 비타민, 미네랄의 풍부한 공급원이기 때문에 건강을 중시하는 소비자들에게 매력적인 선택입니다. 자연산 어류 자원이 남획으로 인해 고갈되면서 수산물 수요 증가에 대응할 수 있는 지속가능한 대안으로 양식업이 부상하고 있습니다.
이 보고서는 세계 양어용 사료 시장에 대해 조사 분석했으며, 시장 규모와 예측, 시장 역학, 주요 기업 현황과 전망 등을 제공합니다.
Global fish feed market is projected to witness a CAGR of 6.90% during the forecast period 2024-2031, growing from USD 55.59 billion in 2023 to USD 94.80 billion in 2031. The innovations taking place to offer different formulations in the fish feed market are gaining popularity in the market as they are based on the nutrition and digestive requirements of fish. It is because different species of fish have different dietary needs which require specific feed formulations. As aquaculture diversifies to include more species, the demand rises for specialized and tailored fish feeds which are specific to particular species to cater to their nutritional requirements. In June 2024, Skretting, a brand of Nutreco N.V. launched the latest fish feed formulation, AmiNova. With this launch, Skretting aims to introduce a new way of formulating the fish feed, based on an ideal digestible amino acid profile.
The technological advancements related to fish feeds are driving the market growth. This caters to the launch of superior quality and innovative formulations, including the use of alternative protein sources which are sustainable at the same time, such as, algae and plant-based protein. In March 2023, Aller Aqua launched the latest brand, Ocean. It is the umbrella brand of the company for all of their fish feed portfolio for marine fish. The brand will continue to design and produce the high-quality feeds for marine species, offering high performance solutions to their customers.
Asia-Pacific is the fastest growing region due to the higher rate of fish farming which gives rise to the demand for fish feed in the region. Moreover, the trend toward sustainable aquaculture is increasing the need for superior alternatives in terms of environmental feed, thereby expanding the level of fish feed marketplace. Subsequently, Asia-Pacific would take the lead in fish production, deriving the demand for better-quality and well-specialized fish feeds to invoke growth and sustain all players in market. The key players in Asia-Pacific are launching fish feed products to cater to the growing demand in the region. In February 2023, Skretting India broadened its operations with the latest fish feed production site in Surat. This production facility enables the company to further enrich the support for its customers and the Indian aquaculture sector. The facility will cater to the domestic and export market of the country.
Powder Feeds to Propel Market Growth
powder feed is preferred in fish over live feed and pellets due to the versatility, digestibility, and consistency in offering nutritional values. For a start, it is free from most risks associated with live feed, which is mostly carrying pathogens, and its nutritional value carries some level of deviance. It is easily adaptable to the different dietary needs of numerous fish species and life stages, thereby assuring maximum growth and health. Furthermore, powder feed dissolves homogeneously in the water, thus accessing every fish, especially smaller and weaker fish that may not have the power to compete for pellets or living feed.
Various key players are introducing innovative powder fish feed which provides essential nutrients to the fish and are sustainable at the same time. In April 2023, MiAlgae introduced its latest fish feed, NaturAlgae which is an omega-3 powder, with a high concentration of DHA and other oils that can be added to recipes for aquafeeds. The company recycles the co-products from the Scotch whisky industry as a feedstock to grow omega-3 rich microalgae that can be used as a fish feed.
Rising Consumption of Seafood to Play a Significant Role to Boost Market Growth
The rising demand for seafood is a significant factor driving growth of the fish feed market. Globally, seafood consumption has been increasing due to several factors, including population growth, rising incomes, and increasing awareness of health benefits associated with seafood. Fish is a rich source of high-quality protein, omega-3 fatty acids, vitamins, and minerals, hence an attractive option for health-conscious consumers. As wild fish stocks face depletion due to overfishing and aquaculture has emerged as a sustainable alternative to meet the increasing demand for seafood.
To sustain this growth in aquaculture, the industry relies heavily on fish feed, which plays a critical role in the development, health, and productivity of farmed fish. High-quality fish feed is essential for maximizing growth rates, improving feed conversion ratios, and ensuring the nutritional quality of the fish. Consequently, the demand for specialized fish feed, including those formulated for specific species, life stages, and farming conditions, is rising. This has led to advancements in fish feed formulations, incorporating ingredients such as plant-based proteins, fishmeal, and fish oil, which contribute to the overall sustainability and efficiency of aquaculture operations. Thus, the growing seafood consumption directly fuels the expansion of the fish feed market.
The study was conducted in February 2023 by the Indian Council of Agricultural Research, Ministry of Agriculture and Farmers' Welfare, the Government of India, and WorldFish. These organizations coined that 72.1% of Indian Population which amounts to 967 million individuals include fish in their diet, increasing the consumption of seafood in the country.
Asia-Pacific to Dominate the Market Share
Asia-Pacific is the leading region in fish production globally, which is attributed to favorable climatic conditions, an extensive coastline, and a long history of aquaculture. Countries such as China, India, Indonesia, and Vietnam have highly diversified fish, both in freshwater and marine resources. In addition, its large population, fast development of middle class, and inherence with the cultural preference of sea products ensure high domestic consumption and, in turn, production motivation for fish farming. Government support, technology, and investment in infrastructure boost aquaculture.
As per the estimates of Food and Agricultural Organization of the United Nations, in 2023, China has been the highest fish producing country with India being the second major producer of fish globally. As per the USDA Foreign Agricultural Service, in 2022, the production of seafood from China was expected to reach 67.5 million metric tons (MMT), which was up from 2021, estimated at 66.9 MMT. In 2021, the fish production in India reached an estimated level of 14.4 million tons. Moreover, the export earnings from the fish and fishery production were approximately USD 7.9 billion in 2022.
The demand for farmed fish is on the rise, at local and at global levels, as countries and regions strive to increase fish production. The large amount of high-density fish culture needs reliable and nutritionally rich feed, with a rapid rate of growth in fish, their resistance to disease, and high survival rates. This stimulates demand for commercial fish feed that provides a balanced diet appropriate to a particular species and a particular stage of growth.
Functional Feeds to Drive Market Growth
Functional fish feeds being special diets formulated with the purpose of improving health, growth, or general well-being of farmed fish over and above merely fulfilling basic dietary requirements. They include bioactive constituents such as probiotics, prebiotics, immune stimulants, and essential fatty acids, each with a unique health benefit to the fish. The main objective of functional feeds is to maximize fish resilience against stressors such as diseases, environmental fluctuations, and handling stress, particularly potent in high-stocking-density aquaculture systems.
Moreover, through increasing the immune system further reductions in antibiotic and other chemical treatment needs will be achieved, leading to a sustainable and safe means of aquaculture. These products improve the amount of feed (FCR), the growth rates, and provide improvement in the quality of end-products, including flesh quality, omega-3 content, and other health improvements. The use of functional feeds is in line with industry goal of attaining maximum productivity with minimal environmental effects, hence supporting increased levels of healthy and sustainable seafood products.
In May 2023, Archer Daniels Midland Company notified the launch of a new functional fish feed which is focused on seasonal variations. The company is mainly focusing on functional aquafeed to support the Asia-Pacific market. The company expanded itself in the region by introducing six feed mills which produce aqua feeds for all aqua species.
Future Market Scenario (2024 - 2031F)
The fish feed market is expected to grow exponentially in the forecast period due to the aquaculture industry's gradual movement towards sustainable alternatives with the least possible ecological footprint and reduced reliance on finite marine resources.
Sustainable fish feeds incorporate ingredients such as plant-based proteins, including soy and peas, algae, insect meal, and by-products from agriculture and food processing. This will provide all the required nutrients for fish growth and health and assist in better feed efficiency and reduce wastage. Further, sustainable feeds will help keep the water clean with reduced phosphorus and nitrogen emissions, and thus minimize the ecological impacts of fish farming.
In July 2024, a purple photosynthetic bacterium that requires air and sunlight to grow could produce high-quality aquafeeds for farmed fish which could be the ideal sustainable alternative feed to fishmeal.
Key Players Landscape and Outlook
Continuous innovation, expansion of production capacities and product portfolio, and partnerships among the key players characterize the landscape of fish feed globally, as the companies compete to outperform one another in terms of various unique features.
The key players are doing research and developing sustainable fish feeds which offer maximum nutrition to aquatic animals. They are offering high-performing fish feeds with the help of strategic collaborations which diversify their portfolio, bringing together the expertise of both the companies.
In June 2022, Cargill, Incorporated partnered with Innovafeed to bring healthy novel ingredients to aquafarmers. With the help of the partnership, both the firms will collectively develop and market insect-based feed to help the aqua feed customers raise more sustainable seafood which has a less environmental impact.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.