Salmon Feed Market: By Product Type, By Species Type, By Feed Type and Region Forecast 2020-2031

Salmon Feed Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Fishmeal, Fish Oil, Corn, Soybean, Insect Meal, Others), By Species Type (Atlantic Salmon, Pacific Salmon, Others), By Feed Type (Starter Feed, Grower Feed, Finisher Feed, Brooder Feed) and Region Forecast 2020-2031

Salmon feed market Volume was 3.4 million Tons in 2024 and projected to reach 4.4 million Tons by 2031, growing at a CAGR of 3.64% from 2025-2031. Salmon farming is the one of largest growing industries around the globe. Salmon feed is prepared by mixing various raw materials with additives. Salmons are generally carnivores meat eaters. Farmed salmon fed dry pellets that contain approximately 70 percent of vegetable ingredients and 30 percent of marine raw materials such as fish oil and fishmeal. The vegetable ingredients of the salmon feed are derived from the plants like corn, rapeseed, wheat, and broad beans among others.

In August 17, 2015, Cargill entered into salmon feed market with purchase of EWOS from Altor and Bain Capital. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. Salmon Feed Market research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. Salmon Feed Market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

Global Salmon Feed Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

3.64%

Largest Market

Europe

Fastest Growing Market

Asia-Pacific

Salmon Feed Market Dynamics

Increase in the production of salmon production around the globe coupled with rise in awareness about the aquafeed products among the farmers drive the global salmon feed market. Moreover, rise in R&D for the development of newer salmon feed products, frequent product launches by the market players, rise in demand for the consumption of healthy salmon, increase in the international trading of salmonid species, and rise in prevalence of various diseases in salmon, for instance, in October 2017, approximately 125,000 salmon have died due to a disease outbreak at two fish farms on the Isle of Lewis due to bacterium Pasturella Skyensis infection are fuel the growth of global salmon feed market over the forecast years. However, fluctuations in raw material costs, stringent regulation for the residual limits in salmon species, low awareness about salmon diseases in underdeveloped countries, and environmental threats leads to increase in salmon mortality are hinder the growth of the market.

Global Salmon Feed Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market CAGR

3.64%

By Product Type

  • Fishmeal
  • Fish Oil
  • Corn
  • Soybean
  • Insect Meal
  • Others

By Species Type

  • Atlantic Salmon
  • Pacific Salmon
  •  Others

By Feed Type

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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Key Features of the Report

  • The salmon feed market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The salmon feed market is projected to expand at a CAGR of 3.64% during the forecast period.  

Biomar (Denmark), Cargill, Inc. (U.S.), Avanti Feeds Ltd. (India), Nutraid (Belgium), Nutreco N. V (Netherlands), Bunge Ltd. (U.S.)

Europe is the fastest-growing region for the salmon feed market

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
 2. Global Salmon Feed Market Introduction
 2.1. Global Salmon Feed Market - Taxonomy
 2.2. Global Salmon Feed Market - Definitions
 2.2.1. Product Type
 2.2.2. Species Type
 2.2.3. Feed Type
 2.2.4. Region
 3. Global Salmon Feed Market Dynamics
 3.1. Drivers
 3.2. Restraints
 3.3. Opportunities/Unmet Needs of the Market
 3.4. Trends
 3.5. Product Landscape
 3.6. New Product Launches
 3.7. Impact of COVID 19 on Market
 4. Global Salmon Feed Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%)
 4.3. Market Opportunity Analysis
 5. Global Salmon Feed Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 5.1. Fishmeal
 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.1.3. Market Opportunity Analysis
 5.2. Fish Oil
 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.2.3. Market Opportunity Analysis
 5.3. Corn
 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.3.3. Market Opportunity Analysis
 5.4. Soybean
 5.4.1.Soybean Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.4.3. Market Opportunity Analysis
 5.5. Insect Meal
 5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.5.3. Market Opportunity Analysis
 5.6. Others
 5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 5.6.3. Market Opportunity Analysis
 6.Global Salmon Feed Market By Species Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 6.1. Atlantic Salmon
 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 6.1.3. Market Opportunity Analysis
 6.2. Pacific Salmon
 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 6.2.3. Market Opportunity Analysis
 6.3. Others
 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 6.3.3. Market Opportunity Analysis
 7.Global Salmon Feed Market By Feed Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 7.1. Starter Feed
 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 7.1.3. Market Opportunity Analysis
 7.2. Grower Feed
 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 7.2.3. Market Opportunity Analysis
 7.3. Finisher Feed
 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 7.3.3. Market Opportunity Analysis
 7.4. Brooder Feed
 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 7.4.3. Market Opportunity Analysis
 8.Global Salmon Feed Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 8.1. North America
 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 8.1.3. Market Opportunity Analysis
 8.2. Europe
 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 8.2.3. Market Opportunity Analysis
 8.3. Asia Pacific (APAC)
 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 8.3.3. Market Opportunity Analysis
 8.4. Latin America
 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 8.4.3. Market Opportunity Analysis
 8.5. Middle East and Africa
 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
 8.5.3. Market Opportunity Analysis
 9.North America Salmon Feed Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 9.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 9.1.1.Fishmeal
 9.1.2.Fish Oil
 9.1.3.Corn
 9.1.4.Soybean
 9.1.5.Insect Meal
 9.1.6.Others
 9.2. Species Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 9.2.1.Atlantic Salmon
 9.2.2.Pacific Salmon
 9.2.3.Others
 9.3. Feed Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 9.3.1.Starter Feed
 9.3.2.Grower Feed
 9.3.3.Finisher Feed
 9.3.4.Brooder Feed
 9.4. CountryAnalysis2020 - 2024andForecast2025 - 2031bySalesValueUSDMillion,Y-o-YGrowth(%),andMarketShare(%)
 9.4.1.UnitedStatesofAmerica(USA)
 9.4.2.Canada
 10.Europe Salmon Feed Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 10.1.1.Fishmeal
 10.1.2.Fish Oil
 10.1.3.Corn
 10.1.4.Soybean
 10.1.5.Insect Meal
 10.1.6.Others
 10.2. Species Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 10.2.1.Atlantic Salmon
 10.2.2.Pacific Salmon
 10.2.3.Others
 10.3. Feed Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 10.3.1.Starter Feed
 10.3.2.Grower Feed
 10.3.3.Finisher Feed
 10.3.4.Brooder Feed
 10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 10.4.1.Norway
 10.4.2.Ireland
 10.4.3.United Kingdom
 10.4.4.Faroe Islands
 10.4.7.Rest of Europe
 11.Asia Pacific (APAC) Salmon Feed Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 11.1.1.Fishmeal
 11.1.2.Fish Oil
 11.1.3.Corn
 11.1.4.Soybean
 11.1.5.Insect Meal
 11.1.6.Others
 11.2. Species Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 11.2.1.Atlantic Salmon
 11.2.2.Pacific Salmon
 11.2.3.Others
 11.3. Feed Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 11.3.1.Starter Feed
 11.3.2.Grower Feed
 11.3.3.Finisher Feed
 11.3.4.Brooder Feed
 12.Latin America Salmon Feed Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 12.1.1.Fishmeal
 12.1.2.Fish Oil
 12.1.3.Corn
 12.1.4.Soybean
 12.1.5.Insect Meal
 12.1.6.Others
 12.2. Species Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 12.2.1.Atlantic Salmon
 12.2.2.Pacific Salmon
 12.2.3.Others
 12.3. Feed Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 12.3.1.Starter Feed
 12.3.2.Grower Feed
 12.3.3.Finisher Feed
 12.3.4.Brooder Feed
 12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 12.4.1.Chile
 12.4.2.Argentina
 12.4.3.Mexico
 12.4.4.Brazil
 12.4.5.Rest of Latin America
 13.Middle East and Africa Salmon Feed Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 13.1.1.Fishmeal
 13.1.2.Fish Oil
 13.1.3.Corn
 13.1.4.Soybean
 13.1.5.Insect Meal
 13.1.6.Others
 13.2. Species Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 13.2.1.Atlantic Salmon
 13.2.2.Pacific Salmon
 13.2.3.Others
 13.3. Feed Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)
 13.3.1.Starter Feed
 13.3.2.Grower Feed
 13.3.3.Finisher Feed
 13.3.4.Brooder Feed
 14. Competition Landscape
 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis)
 14.1.1.Biomar
 14.1.2.Cargill, Inc.
 14.1.3.Skretting
 14.1.4.Bio-Oregon
 14.1.5.Normfeed
 14.1.6.Aller Aqua Group
 14.1.7.Alltech
 14.1.8.Company 8
 14.1.9.Company 9
 14.1.10.Company 10
 15. Research Methodology
 16. Appendix and Abbreviations

Key Market Players

  • Biomar
  • Cargill, Inc.
  • Skretting
  • Bio-Oregon
  • Normfeed
  • Aller Aqua Group
  • Alltech

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