Global Fish Oil for Aquafeed Market reached US$ 2.56 billion in 2022 and is expected to hit US$ 3.53 billion by 2031, growing at a rate of 4.1% from 2024 to 2031, according to DataM Intelligence.

The market growth comes from rising aquaculture production that aims to satisfy the growing global demand for seafood. Fish oil, which is high in omega-3 fatty acids EPA and DHA, is vital for enhancing fish health, growth, and feed conversion efficiency in aquafeed formulations. The Asia Pacific region, especially China and India, leads the market due to large-scale aquaculture operations. Concerns about sustainability and the need for alternative sources of fish oil are driving innovation and shaping supply chain strategies in the market.

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United States: Recent Industry Developments

✅ October 2025: Marine Ingredients Organisation (IFFO) reported a 4% increase in fish oil production through August, with positive growth except in Spain and Peru; companies like Skretting partnered with Goterra to promote sustainable insect protein inclusion in fish feed.

✅ September 2025: AKVA Group launched an AI-driven feeding system reducing feed waste by 25%, improving fish growth rates; emphasis on precision nutrition and smart feeding systems transforming aquafeed production.

✅ August 2025: The US aquafeed industry is pushing for higher-purity fish oil sourcing and investing in alternative omega-3 sources such as algal oils to ensure sustainable supply chains amid fluctuating raw material availability.

Japan: Recent Industry Developments

✅ October 2025: Japan's aquaculture sector continues to expand fish oil use in high-value species feed, supported by companies aiming to integrate sustainable marine ingredients and develop novel feed formulations.

✅ September 2025: Collaborations among key players such as Nippon Suisan Kaisha and Japan's Ministry of Agriculture have driven research into improving fish oil processing technologies for better nutrient retention and environmental compliance.

✅ August 2025: Growth in Japan's aquafeed market is driven by rising consumer demand for sustainably farmed seafood, with companies like Maruha Nichiro investing in feed innovations to boost feed conversion ratios and fish health.

Mergers and Acquisitions (2025):

✅ Cargill - acquired two U.S.-based feed mills from Compana Pet Brands to boost production capacity and strengthen its aquafeed ingredient supply chain.

✅ Pelagia - expanded its fish oil portfolio by acquiring UK seafood trader Ideal Foods, enhancing fish oil availability for aquafeed formulations.

✅ Cellana - merged with PhytoSmart to combine algae-based supplements with large-scale production, diversifying sustainable fish oil alternatives

Key Players:

=> Darling Ingredients Inc., SARIA Group, Lican Food, Puretein Agri LLC., Veos Group, European Fishmeal, Cargill, Incorporated, Nutreco N.V., Alltech, and Aller Aqua Group

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Market Dynamics and Growth Drivers:

-Growing global demand for seafood and aquaculture products is driving the need for high-quality fish oil as a key ingredient in aquafeed formulations to support the nutritional needs of farmed fish.

-Increasing awareness of the health benefits of omega-3 fatty acids, such as EPA and DHA, in promoting fish growth, immune system support, and overall aquaculture productivity fuels market growth.

-Advancements in fish oil extraction and purification technologies improve product quality and sustainability, encouraging wider adoption in aquafeed and reducing overreliance on wild fish stocks.

-Government initiatives and policies promoting sustainable aquaculture practices, coupled with rising investments in aquaculture infrastructure and feed innovation, support steady expansion of the fish oil aquafeed market globally.

Research Process:

Both primary and secondary data sources have been used in the Global Fish oil for Aquafeed Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Key Segments:

➥ By Type: Extruded Feed, Pellet Feed, Powder Feed, Wet Feed, Others

➥ By Additives: Amino Acids, Vitamins & Minerals, Probiotics & Prebiotics, Feed Enzymes, Antibiotics, Antioxidants, Feed Acidifiers, Others

➥ By Aquatic Species: Fishes Feeds, Mollusks Feeds, Crustaceans Feeds, Others

➥ By Distribution Channel: Company Stores, E-Commerce, Hypermarkets/Supermarkets, Specialty Stores, Others

➥ By Application: Marine Feeding, Fresh Water Feeding, Others

Regional Analysis for Fish oil for Aquafeed Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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