Aquafeed plays a crucial role in the sustainable growth of the aquaculture industry.
According to Stratistics MRC, the Global Aquafeed Market is accounted for $59.93 billion in 2021 and is expected to reach $100.02 billion by 2028 growing at a CAGR of 7.6% during the forecast period.
With the rising global demand for seafood and fish protein, aquafeed manufacturers are developing innovative, high-nutrient, and environmentally friendly feed solutions. Below are the top 7 aquafeed companies driving the market forward in 2025
1. Cargill Inc.
Headquarters: Minnesota, USA
Overview:
Cargill is one of the largest and most diversified global players in animal nutrition. Its aquafeed division, EWOS, provides scientifically formulated feed for salmon, tilapia, shrimp, and more.
Strengths:
- Advanced R&D in sustainable feed
- Strong presence in Latin America, Europe, and Asia
2. Skretting (Nutreco)
Headquarters: Stavanger, Norway
Overview:
Skretting, a division of Nutreco, offers tailored aquafeed solutions with a strong commitment to sustainability and innovation.
Strengths:
- Pioneers in sustainable fish feed
- Localized feed strategies for different geographies
3. BioMar Group
Headquarters: Aarhus, Denmark
Overview:
BioMar is known for premium aquafeed that supports health, growth, and performance across a variety of aquaculture species.
Strengths:
- Focus on functional feed (health-focused)
- Leading supplier to salmon farms in Europe and Chile
4. Alltech Coppens
Headquarters: Netherlands
Overview:
Alltech Coppens specializes in high-performance aquafeed with a focus on digestibility and nutrient absorption.
Strengths:
- Innovations in feed conversion efficiency
- Customized feed for RAS and pond systems
5. Charoen Pokphand Foods (CP Foods)
Headquarters: Bangkok, Thailand
Overview:
CP Foods operates one of the largest integrated aquaculture businesses in Asia, offering a full range of feed for shrimp and fish.
Strengths:
- Massive production capacity
- Strong market in Southeast Asia and expanding globally
Global Aquafeed Market Insights (2025)
| Parameter | Details |
|---|---|
| Market Size (2025) | USD 85+ Billion (Projected) |
| Growth Rate | CAGR of 5.8% (2023–2028) |
| Key Drivers | Sustainable aquaculture, functional feed, rising seafood demand |
| Emerging Trends | Insect-based feed, algae protein, precision nutrition |
Conclusion
These top 7 aquafeed companies are shaping the future of aquaculture with innovative feed solutions that address sustainability, animal health, and production efficiency. As the global demand for fish and seafood continues to rise, these industry leaders are expected to play an even bigger role in feeding the world responsibly.