The global shrimp feed market has witnessed moderate growth over the past few years. This can be attributed to changing dietary habits, the introduction of high-quality feed variants and commercialization of shrimp farming.

The growing health awareness among consumers in the developed, as well as developing countries, has resulted in an increase in the demand for protein-rich foods. The shifting preferences, coupled with the rising popularity of ready- and easy-to-cook shrimp products, have led the farmers to use high-quality feed in order to promote better farm output.

Market Summary:

Market Breakup by Type

1. Grower
2. Finisher
3. Starter

On the basis of the type, the market has been categorized into grower, finisher and starter feed. Amongst these, the grower segment represents the most popular type, accounting for the majority of the total market share.

Market Breakup by Ingredients

1. Soybean Meal
2. Fish Meal
3. Wheat Flour
4. Fish Oil
5. Others

Based on the ingredient, soybean meal represents the largest segment. Other major ingredients include fish meal, wheat flour, fish oil and others.

Market Breakup by Additives

1. Vitamin and Protein
2. Fatty Acid
3. Antioxidant
4. Feed Enzyme
5. Antibiotics
6. Others

Source: http://www.alaskanewsdesk.com/news/story/125695/global-shrimp-feed-market-to-cross-us-7-billion-by-2024.html