Egypt Aquafeed Market Report by Type (Fish, Molluscs, Crustaceans, and Others), Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Others), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed, and Others), Form (Pellets, Extruded, Powdered, Liquid), and Region 2024-2032

Egypt Aquafeed Market Report by Type (Fish, Molluscs, Crustaceans, and Others), Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Others), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed, and Others), Form (Pellets, Extruded, Powdered, Liquid), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3422
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Market Overview:

The Egypt aquafeed market size reached 2.0 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 4.6 Million Tons by 2032, exhibiting a growth rate (CAGR) of 9.28% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
2.0 Million Tons
Market Forecast in 2032
4.6 Million Tons
Market Growth Rate 2024-2032 9.28%


Aquafeed refers to compounded meals for aquatic animals that are prepared by combining several additives and raw materials. These blends are formulated and provided according to the specific requirements of the fish species and age. Aquafeed mainly comprise of soybean, fish meal, corn, fish oil, and various additives, such as feed acidifiers, antibiotics, vitamins, amino acids, etc. The feed provides numerous benefits in maintaining the proper growth and nourishment, mitigating disease outbreaks, and boosting immunity of aquatic animals.

In Egypt, a significant growth in the aquaculture sector along with increasing demand for seafood for both domestic consumption and exports is propelling the market for aquafeed. Furthermore, the growing investments by the General Authority for Fish Resources Development (GAFRD) in sustainable production of seafood, mainly including sea bass, sea bream, shrimps, etc., is also driving the product demand. In addition to this, the changing consumer inclination from high-calorie food products towards a protein-rich diet, including fish meat, crustaceans, mollusks, etc., is further catalyzing the market growth in Egypt. Moreover, the rising environmental concerns towards the negative impact of chemical-based feed additives on the aquatic ecosystem are also augmenting the need for natural product variants. In line with this, the growing penetration of organic food trends is further driving the demand for naturally-sourced feed additives, such as fish meal and oil.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Egypt aquafeed market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on species, ingredient, lifecycle and form.

Breakup by Species:

  • Fish
    • Carp
    • Tilapia
    • Catfish
    • Sea Bass
    • Sea Bream
    • Mullet
    • Others
  • Molluscs
  • Crustaceans
    • Shrimp
    • Others
  • Others
     

Breakup by Ingredient:

  • Soybean
  • Fish Meal
  • Corn
  • Fish Oil
  • Additives
    • Antibiotics
    • Vitamins and Minerals
    • Antioxidants
    • Amino Acids
    • Enzymes
    • Probiotics and Prebiotics
    • Others
  • Others
     

Breakup by Lifecycle:

  • Starter Feed
  • Grower Feed
  • Finisher Feed
  • Brooder Feed
     

Breakup by Form:

  • Pellets
  • Extruded
  • Powdered
  • Liquid
     

Breakup by Region:

  • Alexandria
  • Delta
  • Suze Canal
  • Greater Cairo and Upper North Region
  • Asyut Region
  • South Upper Region
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aller Aqua Egypt (Aller Aqua Group A/S), Archer Daniels Midland Company, Bühler Group, Cargill Incorporated, Evergreen Egypt United, Five Star Feed Mills and Animal Produce Company, Koudiis Animal Nutrition B.V. (De Heus Voeders B.V.), New Hope Egypt Aquatic Technology Co. Ltd. (New Hope Liuhe Co., Ltd.), Skretting Egypt (Nutreco N.V) and Zeigler Bros. Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million, Million Tons
Segment Coverage Species, Ingredient, Lifecycle, Form, Region
Region Covered Alexandria, Delta, Suze Canal, Greater Cairo and Upper North Region, Asyut Region, South Upper Region
Companies Covered Aller Aqua Egypt (Aller Aqua Group A/S), Archer Daniels Midland Company, Bühler Group, Cargill Incorporated, Evergreen Egypt United, Five Star Feed Mills and Animal Produce Company, Koudiis Animal Nutrition B.V. (De Heus Voeders B.V.), New Hope Egypt Aquatic Technology Co. Ltd. (New Hope Liuhe Co., Ltd.), Skretting Egypt (Nutreco N.V) and Zeigler Bros. Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the Egypt aquafeed market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Egypt aquafeed market?
  • What are the key regional markets?
  • What is the breakup of the market based on the species?
  • What is the breakup of the market based on the ingredient?
  • What is the breakup of the market based on the lifecycle?
  • What is the breakup of the market based on the form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Egypt aquafeed market and who are the key players?
  • What is the degree of competition in the industry?

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Egypt Aquafeed Market Report by Type (Fish, Molluscs, Crustaceans, and Others), Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, and Others), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed, and Others), Form (Pellets, Extruded, Powdered, Liquid), and Region 2024-2032
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