Asia-Pacific Fishmeal and Fish Oil Market
Asia-Pacific Fishmeal and Fish Oil Market Size, Share & Trends Analysis Report by Source (Salmon & Trout, Crustaceans, Marine Fish, Carps, and Others (Tilapias, Eels, Crabs, and Lobsters)) and by Application (Swine, Poultry, Cattle, Aquaculture, Pets, and Other (Equine and Other Marine Species)), Forecast Period (2026-2035)
Industry Overview
Asia-Pacific fishmeal and fish oil market was valued at $5.7 billion in 2025 and is projected to reach $10.37 billion by 2035, growing at a CAGR of 6.1% during the forecast period (2026–2035). The Asia-Pacific fishmeal and fish oil market is advancing as the region’s aquaculture sector continues to scale and diversify. Producers are seeking dependable nutrient sources to support higher farming yields, which has strengthened the role of these products in feed formulations. Expanding seafood consumption across major economies has added further momentum, encouraging investment in sustainable raw material sourcing. Improvements in processing technology have also enhanced product quality, making regional output more competitive. Governments’ focus on boosting domestic production has contributed to a more stable supply environment.
Market Dynamics
Rising Dependence on High-Quality Aquaculture Feed
The Asia-Pacific region is witnessing a consistent rise in the use of premium feed inputs, driven by the rapid expansion of commercial aquaculture operations. Producers across key coastal nations are increasingly prioritizing ingredients that support faster growth cycles and improved fish health. This has encouraged a stronger reliance on fishmeal and fish oil as essential components of balanced feed formulations. Growing export-oriented fish farming has further reinforced the need for dependable nutrient sources. Improved feed conversion standards have also pushed processors to secure higher-grade materials.
Strengthening Processing Capacity and Regional Supply Chains
The region is gradually expanding its processing infrastructure to manage rising volumes of raw materials more efficiently. Local manufacturers are investing in modern equipment to enhance extraction quality and product consistency. Better integration between fishing activities and processing facilities has helped reduce waste and stabilize supply throughout the year. Governments in several countries are supporting resource management initiatives to maintain steady availability. These improvements contribute to more reliable distribution networks that cater to both domestic and export markets.
Market Segmentation
- Based on the source, the market is segmented into salmon & trout, crustaceans, marine fish, carp, and others (tilapias, eels, crabs, and lobsters).
- Based on the application, the market is segmented into swine, poultry, cattle, aquaculture, pets, and other (equine and other marine species).
Marine Fish Segment to Lead the Market with the Largest Share
The market in the Asia-Pacific is benefiting from the steady availability of marine fish used as a key raw material. Coastal nations in the region maintain strong harvesting activity, which supports consistent processing volumes. This dependable supply has enabled manufacturers to meet rising demand from the feed and nutrition industries. Advancements in handling and preservation have enhanced the value extracted from marine species. Growing attention to resource management has also encouraged more efficient utilization of catch. These combined developments are contributing to a stable upward trend in the regional market.
Aquaculture Industry: A Key Segment in Market Growth
The expansion of aquaculture across the Asia-Pacific is reinforcing the market’s growth trajectory. Fishmeal and fish oil continue to serve as essential inputs for high-performance feed, prompting sustained procurement from producers. As farming operations scale up and diversify, the need for nutrient-dense formulations has intensified. Rising consumer demand for farmed seafood has also pushed feed manufacturers to secure reliable supply channels. Continued investment in intensive farming systems has further increased reliance on these ingredients.
Regional Outlook
Asia-Pacific fishmeal and fish oil market is further divided by countries, including China, Japan, South Korea, India, Australia & New Zealand, ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, and others), and the Rest of Asia-Pacific.
China Dominates the Market with Major Share
China’s fishmeal and fish oil market is advancing as demand from domestic feed producers continues to rise. The country’s expanding aquaculture sector relies heavily on high-quality nutritional inputs, prompting processors to secure stable supplies. Increasing attention to feed efficiency and animal health has also strengthened the role of these ingredients. Local manufacturers are investing in improved processing methods to enhance product consistency. Imports remain significant, yet ongoing capacity upgrades support a more balanced supply structure.
Market Players Outlook
The major companies operating in the Asia-Pacific fishmeal and fish oil market include Cargill, Inc., Austevoll Seafood ASA, Omega Protein Corp. TripleNine Group A/S, Tecnológica de Alimentos S.A. (TASA), among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Development
- In July 2023, the Kerala University of Fisheries and Ocean Studies (Kufos) launched an experimental project to convert organic waste into protein-rich fish feed using black soldier fly larvae. The project involves separating organic waste at the source and using black soldier fly larvae to process it, with Kufos partnering with companies like Amala Eco Clean Private Limited to implement the program. The goal is to create a sustainable source of protein for fish feed while also addressing organic waste management.
The Report Covers
- Market value data analysis of 2025 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Asia-Pacific fishmeal and fish oil market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
- Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Asia-Pacific Fishmeal and Fish Oil Market Sales Analysis – Source | Application ($ Million)
- Asia-Pacific Fishmeal and Fish Oil Market Sales Performance of Top Countries
- Research Methodology
- Primary Research Approach
- Secondary Research Approach
- Market Snapshot
- Market Overview and Insights
- Scope of the Study
- Analyst Insight & Current Market Trends
- Key Asia-Pacific Fishmeal and Fish Oil Industry Trends
- Market Recommendations
- Market Determinants
- Market Drivers
- Drivers For Asia-Pacific Fishmeal and Fish Oil Market: Impact Analysis
- Market Pain Points and Challenges
- Restraints For Asia-Pacific Fishmeal and Fish Oil Market: Impact Analysis
- Market Opportunities
- Opportunities For Asia-Pacific Fishmeal and Fish Oil Market: Impact Analysis
- Market Drivers
- Competitive Landscape
- Competitive Dashboard – Asia-Pacific Fishmeal and Fish Oil Market Revenue and Share by Manufacturers
- Fishmeal and Fish Oil Product Comparison Analysis
- Top Market Player Ranking Matrix
- Key Company Analysis
- Austevoll Seafood ASA
- Overview
- Product Portfolio
- Financial Analysis
- SWOT Analysis
- Business Strategy
- Cargill, Inc.
- Overview
- Product Portfolio
- Financial Analysis
- SWOT Analysis
- Business Strategy
- Omega Protein Corp.
- Overview
- Product Portfolio
- Financial Analysis
- SWOT Analysis
- Business Strategy
- Tecnológica de Alimentos S.A. (TASA)
- Overview
- Product Portfolio
- Financial Analysis
- SWOT Analysis
- Business Strategy
- TripleNine Group A/S
- Overview
- Product Portfolio
- Financial Analysis
- SWOT Analysis
- Business Strategy
- Austevoll Seafood ASA
- Key Company Analysis
- Top Winning Strategies by Market Players
- Merger and Acquisition
- Product Launch
- Partnership And Collaboration
- Asia-Pacific Fishmeal and Fish Oil Market Sales Analysis by Source ($ Million)
- Salmon & Trout
- Crustaceans
- Marine Fish
- Carps
- Others
- Asia-Pacific Fishmeal and Fish Oil Market Sales Analysis by Application ($ Million)
- Swine
- Poultry
- Cattle
- Aquaculture
- Pets
- Others
- Regional Analysis
- Asia-Pacific Fishmeal and Fish Oil Market Sales Analysis – Source | Application | Country ($ Million)
- Macroeconomic Factors for Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And others)
- Rest of Asia-Pacific
- Company Profiles
- Aker BioMarine ASA
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Arbee Proteins Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Austevoll Seafood ASA
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Austral Group S.A.A.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Cargill Inc.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Charoen Pokphand Foods Public Co.Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- China Fishery Group Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Cooke Inc. (Omega Protein)
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Copeinca S.A.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Mukka Proteins Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Nutreco N.V. (Skretting)
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Pacific Andes International Holdings Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- PT Central Proteina Prima Tbk
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- PT Central Proteina Prima Tbk
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- PT FKS Multi Agro (FKS Multi Agro)
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- PT Japfa Comfeed Indonesia Tbk
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Ridley Corp. Ltd.
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Sandakan Fishmeal Sdn Bhd
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Tecnológica de Alimentos S.A. (TASA)
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- TripleNine Group A/S
- Quick Facts
- Company Overview
- Product Portfolio
- Business Strategies
- Aker BioMarine ASA
1. Asia-Pacific Fishmeal And Fish Oil Market Research And Analysis By Source, 2025–2035 ($ Million)
2. Asia-Pacific Salmon & Trout Based Fishmeal And Fish Oil Market Research And Analysis By Region, 2025–2035 ($ Million)
3. Asia-Pacific Crustaceans Based Fishmeal And Fish Oil Market Research And Analysis By Region, 2025–2035 ($ Million)
4. Asia-Pacific Marine Fish Based Fishmeal And Fish Oil Market Research And Analysis By Region, 2025–2035 ($ Million)
5. Asia-Pacific Carps Based Fishmeal And Fish Oil Market Research And Analysis By Region, 2025–2035 ($ Million)
6. Asia-Pacific Other Fishmeal And Fish Oil Source Market Research And Analysis By Region, 2025–2035 ($ Million)
7. Asia-Pacific Fishmeal And Fish Oil Market Research And Analysis By Application, 2025–2035 ($ Million)
8. Asia-Pacific Fishmeal And Fish Oil For Swine Feed Market Research And Analysis By Region, 2025–2035 ($ Million)
9. Asia-Pacific Fishmeal And Fish Oil For Poultry Feed Market Research And Analysis By Region, 2025–2035 ($ Million)
10. Asia-Pacific Fishmeal And Fish Oil For Cattle Feed Market Research And Analysis By Region, 2025–2035 ($ Million)
11. Asia-Pacific Fishmeal And Fish Oil For Aquaculture Feed Market Research And Analysis By Region, 2025–2035 ($ Million)
12. Asia-Pacific Fishmeal And Fish Oil For Pet Food Market Research And Analysis By Region, 2025–2035 ($ Million)
13. Asia-Pacific Fishmeal And Fish Oil For Other Applications Market Research And Analysis By Region, 2025–2035 ($ Million)
14. Asia-Pacific Fishmeal and Fish Oil Market Research and Analysis by Region, 2025–2035 ($ Million)
15. Asia-Pacific Fishmeal and Fish Oil Market Research and Analysis by Source, 2025–2035 ($ Million)
16. Asia-Pacific Fishmeal and Fish Oil Market Research and Analysis by Application, 2025–2035 ($ Million)
1. Asia-Pacific Fishmeal And Fish Oil Market Share By Source, 2025 Vs 2035 (%)
2. Asia-Pacific Salmon & Trout Based Fishmeal And Fish Oil Market Share By Region, 2025 Vs 2035 (%)
3. Asia-Pacific Crustaceans Based Fishmeal And Fish Oil Market Share By Region, 2025 Vs 2035 (%)
4. Asia-Pacific Marine Fish Based Fishmeal And Fish Oil Market Share By Region, 2025 Vs 2035 (%)
5. Asia-Pacific Carps Based Fishmeal And Fish Oil Market Share By Region, 2025 Vs 2035 (%)
6. Asia-Pacific Other Sources Fishmeal And Fish Oil Market Share By Region, 2025 Vs 2035 (%)
7. Asia-Pacific Fishmeal And Fish Oil Market Share By Application, 2025 Vs 2035 (%)
8. Asia-Pacific Fishmeal And Fish Oil For Swine Feed Market Share By Region, 2025 Vs 2035 (%)
9. Asia-Pacific Fishmeal And Fish Oil For Poultry Feed Market Share By Region, 2025 Vs 2035 (%)
10. Asia-Pacific Fishmeal And Fish Oil For Cattle Feed Market Share By Region, 2025 Vs 2035 (%)
11. Asia-Pacific Fishmeal And Fish Oil For Aquaculture Feed Market Share By Region, 2025 Vs 2035 (%)
12. Asia-Pacific Fishmeal And Fish Oil For Pet Food Market Share By Region, 2025 Vs 2035 (%)
13. Asia-Pacific Fishmeal And Fish Oil For Other Applications Market Share By Region, 2025 Vs 2035 (%)
14. Asia-Pacific Fishmeal and Fish Oil Market Share by Region, 2025 Vs 2035 (%)
15. China Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
16. Japan Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
17. South Korea Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
18. India Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
19. Australia & New Zealand Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
20. ASEAN Countries Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
21. Rest of Asia-Pacific Fishmeal and Fish Oil Market Size, 2025–2035 ($ Million)
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FAQS
The size of the Asia-Pacific Fishmeal & Fish Oil Market in 2025 is estimated to be around $5.7B.
China holds the largest share in the Asia-Pacific Fishmeal & Fish Oil Market.
Leading players in the Asia-Pacific Fishmeal & Fish Oil Market include Cargill, Inc., Austevoll Seafood ASA, Omega Protein Corp. TripleNine Group A/S, Tecnológica de Alimentos S.A. (TASA), among others.
Asia-Pacific Fishmeal & Fish Oil Market is expected to grow at a CAGR of 6.1% from 2026 to 2035.
Growing aquaculture activities, rising demand for protein-rich feed, increasing omega-3 supplement consumption, and expansion of livestock farming are driving the Asia-Pacific fishmeal & fish oil market growth.
