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Shrimp Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global shrimp feed market size reached US$ 5.13 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Shrimp feed is produced so as to fulfil the nutritional requirements of farmed shrimps. It assists in regulating adequate levels of vitamins, minerals, essential amino acids and fatty acids amongst the shrimps. The common components of shrimp feed include fish oil, fish and squid meal, cereal flour and various additives. Shrimp feed helps to improve production cycles, harvest per unit area and profitability while reducing environmental contamination caused by shrimp farming.

 

 
 

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One of the primary factors catalysing the growth of the shrimp feed market is changing dietary patterns coupled with the rising health awareness amongst consumers. This has led to a tremendous demand for healthy shrimp, thereby positively influencing the expansion of the market. Moreover, the commercialisation of vannamei shrimp due to a strong demand from both the developing as well as the developed nations has also been driving this demand. Some of the factors further propelling the market are rising disposable incomes, population growth and improving shrimp farming practices.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global shrimp feed market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on type, ingredients and additives.

Breakup by Type:

 

 
 

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  • Grower
  • Finisher
  • Starter
     

Based on type, the market has been segmented as grower, finisher and starter. Currently, grower shrimp feed dominates the market, holding the largest share.

Breakup by Ingredients:

  • Soybean Meal
  • Fish Meal
  • Wheat Flour
  • Fish Oil
  • Others
     

On the basis of ingredients, soybean meal represents the largest segment, followed by fish meal, wheat flour, fish oil and others.

Breakup by Additives:

  • Vitamins and Proteins
  • Fatty Acids
  • Antioxidants
  • Feed Enzymes
  • Antibiotics
  • Others
     

Based on additives, the market is segregated as vitamins and proteins, fatty acids, antibiotics, antioxidants, feed enzymes and others. Amongst these, vitamins and proteins exhibit a clear dominance in the market.

Breakup by Region:

 

 
 

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  • Asia Pacific
  • Latin America
  • Europe
  • North America
  • Middle East and Africa
     

Region-wise, the market has been segmented into Asia Pacific, Latin America, North America, Europe, and Middle East and Africa. Amongst these, Asia Pacific is the leading market, accounting for the majority of the total global market.

This report provides a deep insight into the shrimp feed market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the shrimp feed industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion, Million Tons
Segment Coverage Type, Ingredients, Additives, Region
Region Covered  Asia Pacific, Latin America, Europe, North America, Middle East and Africa
Companies Covered Charoen Pokphand Foods (CPF), Cargill, Skretting (A Nutreco Company), Biomar and Guangdong Yuehai Feed Group Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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 global shrimp feed market performed so far and how will it perform in the coming years?
  • What are the key regions in the global shrimp feed market?
  • What has been the impact of COVID-19 on the global shrimp feed market?
  • Which are the popular types of shrimp feed in the global market?
  • What are the key ingredients in the global shrimp feed market?
  • What are the major additives in the global shrimp feed market?
  • What are the price trends in the shrimp feed market?
  • What are the various stages in the value chain of the global shrimp feed market?
  • What are the key driving factors and challenges in the global shrimp feed market?
  • What is the degree of competition in the global shrimp feed market?
  • How is shrimp feed manufactured?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Shrimp Feed Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Impact of COVID-19
    5.4    Price Analysis
        5.4.1    Key Price indicators
        5.4.2    Price Structure
        5.4.3    Price Trends
    5.5    Market Breakup by Type
    5.6    Market Breakup by Ingredients
    5.7    Market Breakup by Additives
    5.8    Market Breakup by Region
    5.9    Market Forecast
    5.10    SWOT Analysis
        5.10.1    Overview
        5.10.2    Strengths
        5.10.3    Weaknesses
        5.10.4    Opportunities
        5.10.5    Threats
    5.11    Value Chain Analysis
        5.11.1    Overview
        5.11.2    Input Suppliers
        5.11.3    Shrimp Feed Manufacturers
        5.11.4    Marketing
        5.11.5    Distribution
        5.11.6    Export
        5.11.7    End-Use
    5.12    Porters Five Forces Analysis
        5.12.1    Overview
        5.12.2    Bargaining Power of Buyers
        5.12.3    Bargaining Power of Suppliers
        5.12.4    Degree of Rivalry
        5.12.5    Threat of New Entrants
        5.12.6    Threat of Substitutes
6    Market Breakup by Type
    6.1    Grower
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Finisher
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Starter
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Ingredients
    7.1    Soybean Meal
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Fish Meal
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Wheat Flour
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Fish Oil
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Additives
    8.1    Vitamins and Proteins
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fatty Acids
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Antioxidants
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Feed Enzymes
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Antibiotics
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Key Region
    9.1    Asia-Pacific
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Latin America
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Europe
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    North America
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Shrimp Feed Manufacturing Process
    10.1    Product Overview
    10.2    Raw Material Requirements
    10.3    Manufacturing Process
    10.4    Various Types of Unit Operations Involved
    10.5    Key Success and Risk Factors
11    Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Key Players Profiles
        11.3.1    Charoen Pokphand Foods (CPF)
        11.3.2    Cargill
        11.3.3    Skretting (A Nutreco Company)
        11.3.4    Biomar
        11.3.5    Guangdong Yuehai Feed Group Co. Ltd.

List of Figures

Figure 1: Global: Shrimp Feed Market: Major Drivers and Challenges
Figure 2: Global: Shrimp Feed Market: Production Volume (in Million Tons), 2015-2020
Figure 3: Global: Shrimp Feed Market: Production Value (in Billion US$), 2015-2020
Figure 4: Shrimp Feed Market: Price Structure (in US$/Ton)
Figure 5: Global: Shrimp Feed Market: Average Prices (in US$/Ton), 2015-2026
Figure 6: Global: Shrimp Feed Market: Breakup by Type (in %), 2020
Figure 7: Global: Shrimp Feed Market: Breakup by Ingredients (in %), 2020
Figure 8: Global: Shrimp Feed Market: Breakup by Additives (in %), 2020
Figure 9: Global: Shrimp Feed Market: Breakup by Region (in %), 2020
Figure 10: Global: Shrimp Feed Market Forecast: Production Volume (in Million Tons), 2021-2026
Figure 11: Global: Shrimp Feed Market Forecast: Production Value (in Billion US$), 2021-2026
Figure 12: Shrimp Feed Industry: SWOT Analysis
Figure 13: Shrimp Feed Industry: Value Chain Analysis
Figure 14: Shrimp Feed Industry: Porter’s Five Forces Analysis
Figure 15: Global: Grower Type Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 16: Global: Grower Type Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 17: Global: Finisher Type Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 18: Global: Finisher Type Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 19: Global: Starter Type Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 20: Global: Starter Type Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 21: Global: Soybean Meal Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 22: Global: Soybean Meal Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 23: Global: Fish Meal Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 24: Global: Fish Meal Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 25: Global: Wheat Flour Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 26: Global: Wheat Flour Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 27: Global: Fish Oil Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 28: Global: Fish Oil Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 29: Global Other Ingredient Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 30: Global: Other Ingredient Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 31: Global: Vitamin and Protein Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 32: Global: Vitamin and Protein Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 33: Global: Fatty Acid Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 34: Global: Fatty Acid Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 35: Global: Antioxidant Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 36: Global: Antioxidant Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 37: Global: Feed Enzyme Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 38: Global: Feed Enzyme Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 39: Global: Antibiotics Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 40: Global: Antibiotics Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 41: Global: Other Additive Based Shrimp Feed Market: Production Volume (in ’000 Tons), 2015 & 2020
Figure 42: Global: Other Additive Based Shrimp Feed Market Forecast: Production Volume (in ’000 Tons), 2021-2026
Figure 43: Asia Pacific: Shrimp Feed Market: Production Volume (in ‘000 Tons), 2015 & 2020
Figure 44: Asia Pacific: Shrimp Feed Market Forecast: Production Volume (in ‘000 Tons), 2021-2026
Figure 45: Latin America: Shrimp Feed Market: Production Volume (in ‘000 Tons), 2015 & 2020
Figure 46: Latin America: Shrimp Feed Market Forecast: Production Volume (in ‘000 Tons), 2021-2026
Figure 47: Europe: Shrimp Feed Market: Production Volume (in ‘000 Tons), 2015 & 2020
Figure 48: Europe: Shrimp Feed Market Forecast: Production Volume (in ‘000 Tons), 2021-2026
Figure 49: North America: Shrimp Feed Market: Production Volume (in ‘000 Tons), 2015 & 2020
Figure 50: North America: Shrimp Feed Market Forecast: Production Volume (in ‘000 Tons), 2021-2026
Figure 51: Middle East and Africa: Shrimp Feed Market: Production Volume (in ‘000 Tons), 2015 & 2020
Figure 52: Middle East and Africa: Shrimp Feed Market Forecast: Production Volume (in ‘000 Tons), 2021-2026
Figure 53: Shrimp Feed Manufacturing Plant: Detailed Process Flow
Figure 54: Global: Shrimp Feed Market: Breakup by Key Players (in %)

List of Tables

Table 1: Global: Shrimp Feed Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Shrimp Feed Market Forecast: Breakup by Type (in ‘000 Tons), 2021-2026
Table 3: Global: Shrimp Feed Market Forecast: Breakup by Ingredient (in ‘000 Tons), 2021-2026
Table 4: Global: Shrimp Feed Market Forecast: Breakup by Additives (in ‘000 Tons), 2021-2026
Table 5: Global: Shrimp Feed Market Forecast: Breakup by Region (in ‘000 Tons), 2021-2026
Table 6: Shrimp Feed Manufacturing: Raw Material Requirements
Table 7: Global: Shrimp Feed Market: Competitive Landscape
Table 8: Global: Shrimp Feed Market: Key Players

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