Salmon Feed Market: By Salmon Type (Atlantic Salmon, Pacific Salmon), By Feed Type (Non-medicated Feed, Medicated Feed), By Ingredient Type (Corn, Soybean, Fishmeal, Fish Oil, Others), By Distribution Channel (Veterinary Pharmacies, Online Stores, Others), and Geography


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Salmon Feed Market size was valued at USD 3.2 million Tons in 2021. and it is expected to reach 4.1 Million Tons by 2028, growing at a CAGR of 3.64% from 2022-2028. 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


Base Year




Largest Market


Fastest Growing Market

Salmon Feed Market Drivers And Restraints

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.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market  and forecast.
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their 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 startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Salmon Feed Market Segmentation

salmon type
  • Atlantic Salmon
  • Pacific Salmon
feed type
  • Non-medicated Feed
  • Starter Feed
  • Grower Feed
  • Smolt Transfer
  • Others
  • Medicated Feed
  • Vitamins
  • Minerals
  • Feed Enzymes
  • Others
Ingredient type
  • Corn
  • Soybean
  • Fishmeal
  • Fish Oil
  • Others
Distribution channel
  • Veterinary Pharmacies
  • Online Stores
  • Others

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

  • Biomar (Denmark)
  • Cargill, Inc. (U.S.)
  • Avanti Feeds Ltd. (India)
  • Nutraid (Belgium)
  • Nutreco N. V (Netherlands)
  • Bunge Ltd. (U.S.)
  • Ridley Corporation Ltd (Australia)
  • Archer Daniels Midland Company (U.S.)
  • Alltech (U.S.)
  • Zhuhai Shihai Feed Co. Ltd (China)