Aquafeed Market: Market Size & Forecast 2026

The global aquafeed market stands at approximately USD 73.5 billion in 2025, measured on a value basis given its formulation-service and technology-intensive character, with a physical volume counterpart tracked alongside at roughly 73.5 Mt. By 2032 the market is projected to reach approximately USD 108.9 billion at a value CAGR of 5.04%, implying a volume CAGR of roughly 4.0% as efficiency gains and inclusion rates moderate the tonnage trajectory. Asia-Pacific commands 73.9% of the market, a structural dominance that reflects the geographic concentration of aquaculture production rather than a homogeneous regional preference. Five takeaways define the current investment and strategic frame. First, the protein transition from fishmeal to soy, insect meal and single-cell proteins is accelerating but uneven - alternative-protein inclusion is growing faster than headline demand, which compr

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