Aquafeed Modifiers Market

By Species;

Fish, Crustaceans, Mollusks, and Others

By Flavours;

Blackcurrant Supreme, Crayfish and Thermidor, Creamy Vanilla, Hexed Cream, Indian Bun Spice, Maple, Tropical Fruit, and Tutti Fruiti

By Form;

Extruded, Pellet, Liquid, and Powder

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn537579846 Published Date: August, 2025 Updated Date: September, 2025

Aquafeed Modifiers Market Overview

Aquafeed Modifiers Market (USD Million)

Aquafeed Modifiers Market was valued at USD 1137.03 million in the year 2024. The size of this market is expected to increase to USD 1599.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Aquafeed Modifiers Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 1137.03 Million
Market Size (2031)USD 1599.92 Million
Market ConcentrationMedium
Report Pages386
1137.03
2024
1599.92
2031

Major Players

  • Cargill, Incorporated
  • BASF SE
  • ADM
  • Kemin Industries, Inc.
  • Adisseo
  • Alltech
  • Nutreco N.V.
  • Hatch Accelerator Holding Limited
  • Ridley Corporation Limited;
  • Purina Animal Nutrition LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aquafeed Modifiers Market

Fragmented - Highly competitive market without dominant players


The Aquafeed Modifiers Market is growing steadily as the aquaculture industry prioritizes efficiency, sustainability, and fish health. Over half of feed formulations already contain modifiers that optimize nutrient use and digestion in aquatic species. These solutions are becoming critical to improving yields and overall farm profitability.

Key Benefits
Feed modifiers provide better nutrient utilization, disease resistance, and feed palatability. Nearly 40% of aquaculture facilities have reported faster growth rates and higher survival levels through the use of probiotics, enzymes, and organic acidifiers. Their impact on production efficiency underscores their growing importance.

Adoption in Aquaculture
More than 50% of usage comes from fish and shrimp farming, where modifiers are used to strengthen immunity and reduce antibiotic dependency. Their integration helps farmers achieve consistent results while maintaining sustainable practices. This trend highlights their vital role in aquaculture feed strategies.

Innovation and Advancements
About one-third of product developments focus on eco-friendly and natural solutions, including enzyme-based and herbal feed modifiers. Companies are also emphasizing gut health improvement and reduced environmental footprint. These innovations are redefining the standards of aquafeed performance.

Future Market Outlook
The Aquafeed Modifiers Market is expected to expand further, with more than 45% of investments targeted toward sustainable and advanced feed technologies. As aquaculture continues to scale, modifiers will remain a cornerstone for efficiency, profitability, and environmentally responsible aquaculture practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Species
    2. Market Snapshot, By Flavour
    3. Market Snapshot, By Form
    4. Market Snapshot, By Region
  4. Aquafeed Modifiers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growth in Aquaculture Industry
        2. Increasing Demand for High-Quality Aquafeed
        3. Focus on Improving Feed Efficiency
      2. Restraints:
        1. Regulatory Constraints and Approval Processes
        2. Environmental Concerns and Sustainability Issues
        3. High Cost of Aquafeed Modifier Ingredients
      3. Opportunities:
        1. Expansion of Aquaculture in Emerging Markets
        2. Demand for Functional and Specialty Ingredients
        3. Innovation in Aquafeed Formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aquafeed Modifiers Market, By Species, 2021 - 2031 (USD Million)
      1. Fish
      2. Crustaceans
      3. Mollusks
      4. Others
    2. Aquafeed Modifiers Market, By Flavour, 2021 - 2031 (USD Million)
      1. Blackcurrant Supreme
      2. Crayfish and Thermidor
      3. Creamy Vanilla
      4. Hexed Cream
      5. Indian Bun Spice
      6. Maple
      7. Tropical Fruit
      8. Tutti Fruiti
    3. Aquafeed Modifiers Market, By Form, 2021 - 2031 (USD Million)
      1. Extruded
      2. Pellet
      3. Liquid
      4. Powder
    4. Aquafeed Modifiers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill, Incorporated
      2. BASF SE
      3. ADM
      4. Kemin Industries, Inc.
      5. Adisseo
      6. Alltech
      7. Nutreco N.V.
      8. Hatch Accelerator Holding Limited
      9. Ridley Corporation Limited;
      10. Purina Animal Nutrition LLC
  7. Analyst Views
  8. Future Outlook of the Market