
Global Feed Grade Shrimp Meal Market Insights, Size, and Forecast By Source (Wild Caught, Farmed), By Form (Powdered, Granular, Pelleted), By Nutritional Content (High Protein, Low Ash, Rich in Omega-3), By Application (Aquaculture Feeds, Pet Feeds, Livestock Feeds, Organic Fertilizers), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Feed Grade Shrimp Meal Market is projected to grow from USD 1.85 Billion in 2025 to USD 3.12 Billion by 2035, reflecting a compound annual growth rate of 6.4% from 2026 through 2035. This market encompasses the production and utilization of shrimp meal specifically processed for animal feed, primarily in aquaculture. Shrimp meal, derived from the byproducts of shrimp processing, is a highly nutritious and palatable ingredient, rich in protein, chitin, astaxanthin, and essential amino acids. Its high digestibility and palatability make it an attractive protein source for a variety of livestock, particularly farmed aquatic species. Key market drivers include the burgeoning global aquaculture industry, which demands high quality and sustainable feed ingredients. The rising consumption of seafood and the subsequent intensification of aquaculture practices are directly fueling the demand for effective and cost efficient feed solutions like shrimp meal. Additionally, the increasing awareness among livestock producers about the benefits of natural and nutrient dense feed additives contributes to market expansion. However, market growth faces restraints such as the fluctuating availability of raw materials, largely dependent on shrimp harvesting seasons and processing volumes. Concerns regarding the sustainability of sourcing and potential overfishing of wild shrimp populations also pose challenges.
Global Feed Grade Shrimp Meal Market Value (USD Billion) Analysis, 2025-2035

2025 - 2035
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Important trends shaping the market include a growing emphasis on circular economy principles, where waste from shrimp processing is valorized into high value products. There is also a rising demand for specialized feed ingredients that enhance animal health, growth rates, and product quality, which shrimp meal is adept at providing due to its unique nutritional profile. Technological advancements in feed processing and formulation are further optimizing the utilization of shrimp meal in various feed applications. Market opportunities lie in the development of more sustainable sourcing methods, including the exploration of aquaculture waste as a raw material. Expanding the application of shrimp meal beyond traditional aquaculture feeds into other livestock sectors like poultry and swine, where its nutritional benefits can be leveraged, presents significant growth avenues. Furthermore, innovation in product development, such as the creation of hydrolyzed shrimp meal for improved digestibility, can unlock new market segments.
Asia Pacific stands as the dominant region in the global feed grade shrimp meal market. This is primarily attributed to the region's vast and rapidly expanding aquaculture sector, particularly in countries with extensive coastal lines and established shrimp farming industries. The high demand for shrimp meal as a primary protein source in aquaculture feeds within this region underpins its leading position. Concurrently, Asia Pacific is also the fastest growing region, driven by continuous investments in aquaculture infrastructure, increasing seafood consumption per capita, and supportive government policies promoting sustainable aquaculture practices. The presence of major feed manufacturers and a robust supply chain for shrimp byproducts further accelerate market growth in this region. Key players like InVivo, BASF, Maine Coast Sea Vegetables, Skretting, Cargill, Evonik Industries, Alltech, Golden Prize Canning, Adisseo, and Omega Protein Corporation are strategically investing in research and development to enhance product efficacy, optimize supply chains, and expand their regional footprints to capitalize on the robust demand from the aquaculture industry. Their strategies often involve backward integration, strategic partnerships, and product innovation to offer tailored solutions for diverse animal nutrition needs.
Quick Stats
Market Size (2025):
USD 1.85 BillionProjected Market Size (2035):
USD 3.12 BillionLeading Segment:
Aquaculture Feeds (68.4% Share)Dominant Region (2025):
Asia Pacific (58.2% Share)CAGR (2026-2035):
6.4%
What is Feed Grade Shrimp Meal?
Feed Grade Shrimp Meal is a protein rich ingredient for animal feeds derived from whole shrimp or shrimp processing byproducts. It involves grinding dried shrimp material into a fine powder. This meal is valued for its high crude protein content, often exceeding 50 percent, and essential amino acids beneficial for livestock and aquaculture. It also provides important minerals like calcium and phosphorus, and natural pigments like astaxanthin. Its inclusion in diets promotes growth, improves feed palatability, and enhances coloration in specific species. It serves as an economical and sustainable protein source in various animal nutrition formulations.
What are the Trends in Global Feed Grade Shrimp Meal Market
Sustainable Sourcing Innovations for Shrimp Meal
Plant Based Alternatives Impact on Shrimp Meal Demand
Precision Nutrition Driving Shrimp Meal Quality
Digital Traceability Enhancing Shrimp Meal Transparency
Sustainable Sourcing Innovations for Shrimp Meal
Shrimp meal producers are increasingly adopting sustainable sourcing for ingredients. This involves exploring alternatives to traditional fishmeal, like insect protein or algae, to reduce reliance on wild fisheries. Innovations focus on developing new feed formulations that maintain nutritional value while minimizing environmental impact. Traceability and ethical production are key, ensuring responsible practices throughout the supply chain. This trend addresses ecological concerns and consumer demand for more sustainable aquaculture.
Plant Based Alternatives Impact on Shrimp Meal Demand
Plant based alternatives are increasingly used in aquaculture feeds, replacing traditional ingredients like shrimp meal. This shift is driven by sustainability concerns and cost effectiveness. Consequently, the demand for shrimp meal in the global feed market is experiencing a decline as producers incorporate more plant based proteins into their formulations, impacting overall shrimp meal consumption trends.
Precision Nutrition Driving Shrimp Meal Quality
Shrimp farmers are adopting sophisticated nutritional strategies. By precisely tailoring feed to specific shrimp life stages and environmental conditions, they optimize nutrient absorption. This enhances the overall quality and consistency of shrimp, translating to superior feed grade shrimp meal. Precision nutrition ensures healthier shrimp, yielding higher quality protein for animal feed applications, a key driver in market demand.
Digital Traceability Enhancing Shrimp Meal Transparency
Digital traceability systems are increasingly adopted to track shrimp meal's origin and production journey. This enhances transparency across the supply chain, providing consumers and businesses detailed information on sourcing, processing, and sustainability. Such systems build trust and ensure quality, addressing concerns about environmental impact and ethical practices in the global feed grade shrimp meal market.
What are the Key Drivers Shaping the Global Feed Grade Shrimp Meal Market
Rising Aquaculture Production and Intensification
Growing Awareness and Demand for Sustainable Aquaculture Feeds
Technological Advancements in Feed Formulation and Production
Increasing Global Protein Demand and Livestock Production
Rising Aquaculture Production and Intensification
Growing global demand for shrimp as a protein source fuels expansion in aquaculture. This intensification requires high quality, nutrient rich feeds to maximize growth and health of farmed shrimp. Shrimp meal, being a superior protein ingredient, is increasingly crucial for producing efficient and high performing feeds, thus driving its market.
Growing Awareness and Demand for Sustainable Aquaculture Feeds
Consumers and regulators are increasingly prioritizing environmentally friendly practices in shrimp farming. This heightened awareness fuels the demand for sustainable aquaculture feeds, including responsibly sourced shrimp meal. Industry players are adapting by developing and promoting feed options that minimize environmental impact, thereby driving the adoption of sustainable shrimp meal.
Technological Advancements in Feed Formulation and Production
Technological advancements drive the shrimp meal market by improving feed efficiency and sustainability. Innovations in ingredient processing, nutrient delivery systems, and aquaculture technology optimize feed conversion ratios and reduce environmental impact. These advancements ensure healthier shrimp growth with less reliance on marine resources, expanding market demand for specialized feed formulations.
Increasing Global Protein Demand and Livestock Production
A growing world population and increasing wealth drive higher protein consumption, especially meat and aquaculture. This demand fuels greater livestock and aquaculture production, directly boosting the need for protein-rich animal feed ingredients like shrimp meal. It solidifies shrimp meal's crucial role in supporting efficient animal growth.
Global Feed Grade Shrimp Meal Market Restraints
Stringent Environmental Regulations Impacting Aquaculture Expansion and Shrimp Meal Demand
Stringent environmental regulations hinder aquaculture expansion, limiting the growth of farmed shrimp production. These rules often restrict new farm development and impose strict waste discharge limits. Such limitations directly impact the demand for shrimp meal, as a slower growing aquaculture sector requires less feed. This creates a significant challenge for the global feed grade shrimp meal market.
Volatile Raw Material Prices and Supply Chain Disruptions Affecting Shrimp Meal Production Costs
Unpredictable raw material prices, particularly for fish and other protein sources, significantly inflate shrimp meal production costs. Supply chain disruptions, including transportation challenges and geopolitical events, further exacerbate these price fluctuations. This volatility and unreliability in securing key ingredients directly impacts profitability for shrimp meal producers, creating a substantial market restraint and limiting supply stability.
Global Feed Grade Shrimp Meal Market Opportunities
By-product Valorization: Expanding Circular Economy Integration for Feed Grade Shrimp Meal
This opportunity focuses on transforming shrimp processing by-products like heads and shells into high value feed grade shrimp meal. By implementing advanced valorization techniques, industries can effectively reduce waste and improve resource efficiency. This strategy fosters a more integrated circular economy, converting what was once waste into a sustainable protein source for aquaculture and other animal feeds. It addresses the growing demand for nutritious feed ingredients while minimizing environmental impact. Particularly in rapidly expanding regions like Asia Pacific, this approach enhances sustainability and creates new revenue streams from existing operations.
Optimizing Aquafeed Performance: Addressing Growing Demand for Nutrient-Dense Shrimp Meal
Optimizing aquafeed performance with nutrient dense shrimp meal presents a substantial global opportunity. Surging demand, particularly across the dynamic Asia Pacific aquaculture sector, highlights this. Producers can enhance feed formulations using superior, nutrient rich shrimp meal, improving shrimp growth, health, and farm efficiency. This directly addresses the escalating need for high performance aquafeed ingredients. Meeting this demand drives innovation, sustainability, and significant market expansion for quality producers.
Global Feed Grade Shrimp Meal Market Segmentation Analysis
Key Market Segments
By Application
- •Aquaculture Feeds
- •Pet Feeds
- •Livestock Feeds
- •Organic Fertilizers
By Form
- •Powdered
- •Granular
- •Pelleted
By Source
- •Wild Caught
- •Farmed
By Nutritional Content
- •High Protein
- •Low Ash
- •Rich in Omega-3
Segment Share By Application
Share, By Application, 2025 (%)
- Aquaculture Feeds
- Pet Feeds
- Livestock Feeds
- Organic Fertilizers

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Why is Aquaculture Feeds dominating the Global Feed Grade Shrimp Meal Market?
Aquaculture Feeds holds the largest share due to shrimp meal's superior nutritional profile, including high protein and excellent palatability. It serves as an ideal protein source for aquatic species like shrimp and fish, promoting faster growth rates and improved feed conversion ratios. The escalating global demand for seafood, coupled with advancements in aquaculture practices, directly drives the consistent high demand for shrimp meal as a critical ingredient in specialized aquatic diets.
How does nutritional content influence purchasing decisions within the Feed Grade Shrimp Meal Market?
Nutritional content segmentation highlights the critical demand for high protein, low ash, and omega-3 rich varieties. High protein content is paramount for maximizing growth and health benefits in target animals, especially in aquaculture and pet feeds. Low ash indicates higher purity and digestibility, reducing waste and enhancing nutrient absorption. The inclusion of omega-3 fatty acids further elevates shrimp meal's value, positioning it as a functional ingredient for improved health and immune response in premium feed formulations.
What role does the form of shrimp meal play in its market applications?
The form of shrimp meal is crucial for its diverse applications across segments. Powdered shrimp meal offers versatility and ease of incorporation into various feed mixes, ensuring uniform nutrient distribution in formulations for young animals or fine particle feeds. Granular and pelleted forms are preferred for larger animals or automated feeding systems, improving stability and reducing dust. This segmentation by form allows manufacturers to tailor the product to specific processing requirements and animal preferences, optimizing feed efficiency and consumption.
What Regulatory and Policy Factors Shape the Global Feed Grade Shrimp Meal Market
The global feed grade shrimp meal market navigates a complex regulatory landscape. Strict controls govern raw material sourcing, emphasizing sustainable fishing and responsible aquaculture practices to prevent overexploitation. International and national regulations enforce rigorous product safety standards, including limits on contaminants like heavy metals, dioxins, and pathogens. Traceability requirements and specific labeling mandates ensure transparency for consumers and producers alike. Import and export policies, encompassing sanitary and phytosanitary measures, veterinary certificates, and tariffs, significantly influence market access and trade flows. Environmental regulations on processing waste and energy consumption also shape production methods and operational costs, driving compliance worldwide.
What New Technologies are Shaping Global Feed Grade Shrimp Meal Market?
Innovations are rapidly reshaping the global feed grade shrimp meal market. Advanced processing technologies extract greater nutritional value from shrimp byproducts, enhancing meal quality and sustainability. Emerging protein sources like insect meal and microbial proteins are gaining prominence, potentially complementing or diversifying traditional shrimp meal use, driven by resource efficiency. Enzymatic hydrolysis and fermentation techniques are improving nutrient digestibility and bioavailability, optimizing feed performance. Precision nutrition methodologies custom tailor formulations, boosting shrimp growth and health. Furthermore, robust traceability and quality assurance systems are being integrated to ensure product integrity and responsible sourcing. These technological advancements are crucial for market resilience and meeting the growing demand for high performance, sustainable aquafeed ingredients.
Global Feed Grade Shrimp Meal Market Regional Analysis
Global Feed Grade Shrimp Meal Market
Trends, by Region

Asia-Pacific Market
Revenue Share, 2025
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North America, particularly the US and Canada, exhibits a mature but evolving market for feed-grade shrimp meal. While domestic aquaculture is relatively smaller than in Asia, demand is driven by high-value finfish and crustacean farming (salmon, trout, shrimp). Key factors include a strong focus on sustainable and traceable ingredients, the premium paid for high-quality protein sources, and a growing interest in alternative protein solutions. Imports dominate the supply, with buyers prioritizing consistent quality, low contaminants, and reliable supply chains. Research into improved digestibility and functionality, alongside rising consumer demand for responsibly sourced seafood, further shapes this sophisticated regional market.
Europe's shrimp meal market is shaped by its robust aquaculture sector and high-value feed production. Northern European nations, particularly Norway and Scotland, are major consumers due to their large salmon and trout farming industries. Southern European countries like Spain and France also contribute, though often with a focus on other aquaculture species. Regulatory frameworks emphasize sustainable sourcing and quality, driving demand for high-grade, traceable shrimp meal. Logistics and import policies play a crucial role in determining supply and pricing, with a significant portion of the meal being imported from Asia and Latin America. The market is also influenced by increasing consumer demand for sustainably farmed seafood.
The Asia Pacific region dominates the global feed-grade shrimp meal market, holding a substantial 58.2% share. This leadership is further underscored by its position as the fastest-growing region, projected to expand at an impressive Compound Annual Growth Rate (CAGR) of 9.2%. The robust aquaculture industry across countries like China, India, Vietnam, and Thailand fuels this growth, driven by increasing demand for shrimp and other seafood, leading to higher consumption of quality feed ingredients. Favorable government policies supporting aquaculture development and technological advancements in feed production also contribute significantly to the region's market ascendancy.
Latin America is a significant supplier to the global feed-grade shrimp meal market, driven by its robust aquaculture sector, particularly Ecuador, a top global shrimp producer. The region benefits from abundant raw material availability and established processing infrastructure. However, variations exist, with Central American and Caribbean nations having smaller, more localized markets. Demand is strong regionally, supporting domestic aquaculture industries. Expanding production capacity and improving processing efficiencies are key trends. Sustainability practices are gaining traction to ensure long-term competitiveness. Regulatory frameworks influence market dynamics, but overall, Latin America remains a critical production hub and a growing consumer of shrimp meal.
The Middle East and Africa shrimp meal market is nascent but shows growth potential. North Africa and the Arabian Gulf states are key importers due to increasing aquaculture investments, particularly in finfish, and developing poultry/aquaculture sectors. Demand is primarily driven by expanding shrimp farming in countries like Saudi Arabia and Egypt, alongside wider adoption of high-protein feeds for other farmed species. However, limited local production and reliance on imports keep prices high. Regulatory frameworks around sustainable sourcing and traceability are emerging, influencing market dynamics. Future growth hinges on aquaculture expansion, technological advancements in feed production, and regional economic stability.
Top Countries Overview
The U.S. shrimp meal market is modest. Domestic production of feed grade shrimp meal is minimal. Most supply is imported, with countries like Vietnam and India being major sources. Demand is driven by aquaculture and pet food industries seeking high quality protein. Prices are influenced by global fishmeal availability.
China heavily influences global feed grade shrimp meal demand. Its domestic aquaculture expansion drives increasing imports, impacting international prices and supply chains. Chinese buyers seek quality and competitive pricing, making them key players for producers worldwide.
India’s shrimp meal market is growing. Domestic demand for aquafeed is increasing. India remains a net importer, supplementing local production with global feed grade shrimp meal to meet its expanding aquaculture industry needs.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical tensions in the South China Sea directly impact shrimp farming and processing, potentially disrupting feed ingredient supply chains. Trade disputes between key shrimp producing nations like Ecuador and major importers such as China could lead to increased tariffs on shrimp meal, altering its price competitiveness and demand. Regulatory changes concerning sustainable fishing practices in Peru and other anchovy rich regions, the primary source of fishmeal, will influence availability and prices.
Macroeconomic factors, particularly global economic growth, influence consumer demand for shrimp, indirectly impacting the need for shrimp meal. Currency fluctuations, especially between major producing and importing countries, can significantly affect the cost of shrimp meal. Inflationary pressures on energy and transportation costs will raise production and distribution expenses for shrimp meal producers.
Recent Developments
- March 2025
Cargill announced a strategic partnership with a leading aquaculture technology firm to develop and implement AI-driven feed formulation systems. This initiative aims to optimize the nutritional value and cost-efficiency of shrimp meal while reducing environmental impact.
- June 2024
Evonik Industries unveiled a new line of sustainable amino acid supplements specifically designed to enhance the nutritional profile of feed-grade shrimp meal. This product launch addresses the increasing demand for high-quality, eco-friendly feed ingredients in the aquaculture sector.
- September 2024
Skretting completed the acquisition of a prominent insect protein producer, aiming to integrate alternative protein sources into their shrimp meal formulations. This strategic move diversifies Skretting's ingredient portfolio and strengthens its commitment to sustainable aquaculture practices.
- April 2025
BASF and InVivo formed a joint venture to research and develop novel fermentation processes for producing enhanced feed additives for shrimp meal. This partnership seeks to improve the digestibility and bioavailability of nutrients in shrimp feed, leading to better growth rates and animal health.
- November 2024
Alltech launched a global initiative focused on farmer education and best practices for feed-grade shrimp meal utilization. This strategic program aims to empower shrimp farmers with knowledge on optimized feeding strategies, thereby improving overall farm productivity and sustainability.
Key Players Analysis
Key players like Cargill, Skretting, and InVivo dominate the global feed grade shrimp meal market, leveraging their extensive R&D and manufacturing capabilities. Companies such as BASF, Evonik Industries, and Adisseo focus on developing innovative processing technologies, including enzymatic hydrolysis and fermentation, to enhance nutritional value and sustainability. Their strategic initiatives include expanding production capacities, forging partnerships with aquaculture farms, and investing in research for alternative protein sources. Alltech and Omega Protein Corporation emphasize sustainable sourcing and product diversification to capture market share. Golden Prize Canning, while primarily a seafood processor, contributes through byproduct utilization. These players drive market growth through technological advancements, improved product quality, and meeting the rising demand for efficient and sustainable aquaculture feed.
List of Key Companies:
- InVivo
- BASF
- Maine Coast Sea Vegetables
- Skretting
- Cargill
- Evonik Industries
- Alltech
- Golden Prize Canning
- Adisseo
- Omega Protein Corporation
- Seara Alimentos
- Charoen Pokphand Foods
- Nutreco
- Biomin
- Green Sea Fisheries
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 1.85 Billion |
| Forecast Value (2035) | USD 3.12 Billion |
| CAGR (2026-2035) | 6.4% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 2: Global Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 3: Global Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 4: Global Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 5: Global Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 7: North America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 8: North America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 9: North America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 10: North America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 12: Europe Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 13: Europe Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 14: Europe Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 15: Europe Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 17: Asia Pacific Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 18: Asia Pacific Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 19: Asia Pacific Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 20: Asia Pacific Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 22: Latin America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 23: Latin America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 24: Latin America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 25: Latin America Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 27: Middle East & Africa Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Form, 2020-2035
Table 28: Middle East & Africa Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Source, 2020-2035
Table 29: Middle East & Africa Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Nutritional Content, 2020-2035
Table 30: Middle East & Africa Feed Grade Shrimp Meal Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
