Microalgae-based Aquafeed Market Size, Trends, Share, Growth, and Opportunity Forecast, 2025 – 2032 Global Industry Analysis By Type (Spirulina-based Aquafeed, Chlorella-based Aquafeed, Nannochloropsis-based Aquafeed, Dunaliella-based Aquafeed, Schizochytrium-based Aquafeed, Mixed Microalgae Blends), By Application (Fish Feed, Shrimp Feed, Mollusk Feed, Crustacean Feed, Hatchery Feed, Larval and Nursery Stage Feed), By End User (Aquaculture Farms, Hatcheries, Feed Manufacturers, Fisheries, Research Institutions), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Region: Global
Published: November 2025
Report Code: CGNCGS2480
Pages: 267

Global Microalgae-based Aquafeed Market Report Overview

The Global Microalgae-based Aquafeed Market was valued at USD 1020.47 Million in 2024 and is anticipated to reach a value of USD 1727.31 Million by 2032 expanding at a CAGR of CAGR of 6.8%% between 2025 and 2032. Rising demand for sustainable and nutrient-dense feed solutions in aquaculture is accelerating product adoption worldwide.

Microalgae-based Aquafeed Market

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China leads the Microalgae-based Aquafeed market with large-scale, energy-efficient cultivation systems integrated into commercial aquaculture, supporting an annual biomass output of over 1.2 million tons for feed applications. Government-backed investments exceeding USD 600 million since 2021 have expanded closed-loop photobioreactor facilities across coastal provinces, improving protein yields by nearly 28%. The country also deploys microalgae formulations in high-value segments including shrimp, seabass, and carp production, with over 62% of domestic aquaculture farms using microalgae-based DHA and EPA-fortified feed.

Key Highlights of the Global Microalgae-based Aquafeed Market

• Market Size & Growth: USD 1020.47 Million in 2024, projected to reach USD 1727.31 Million by 2032 at 6.8% CAGR, driven by heightened demand for omega-3-rich sustainable feed solutions.

• Top Growth Drivers: 48% increase in adoption of algal DHA feed additives, 37% higher nutrient-absorption efficiency, 32% reduction in disease susceptibility in aquaculture species.

• Short-Term Forecast: By 2028, optimized microalgae formulations expected to reduce feed conversion ratio (FCR) by nearly 21%.

• Emerging Technologies: AI-optimized closed photobioreactors, lipid-enhanced algal strains for protein enrichment, precision-fermentation feed additives.

• Regional Leaders: Asia-Pacific projected to reach USD 910 Million by 2032 with rapid hatchery adoption; Europe to reach USD 430 Million with strong sustainability reforms; North America to hit USD 290 Million supported by high-value aquaculture expansion.

• Consumer/End-User Trends: Rising uptake among shrimp, tilapia, and salmon producers seeking natural growth-enhancers and antibiotic-free feed inputs.

• Pilot or Case Example: In 2024, a commercial salmon farm pilot in Norway achieved a 26% boost in weight gain and 19% mortality reduction using high-lipid microalgae feed.

• Competitive Landscape: Corbion leads with ~18% market share, followed by Alltech, DSM-Firmenich, AlgaEnergy, and Algama.

• Regulatory & ESG Impact: Strong sustainability mandates on fishmeal reduction and incentives supporting bio-based feed innovation are accelerating adoption.

• Investment & Funding Patterns: Over USD 1.37 Billion invested globally in the last three years across algae cultivation, feed biotech, and aquafeed processing facilities.

• Innovation & Future Outlook: Development of genetically engineered microalgae strains and carbon-neutral industrial cultivation systems expected to redefine feed nutrition efficiency and price competitiveness.

The Microalgae-based Aquafeed Market is increasingly shaped by high-performance formulations targeting shrimp, salmon, carp, and marine finfish segments, contributing significantly to the growth of functional aquafeed solutions. Recent innovations involve microencapsulation techniques for improved nutrient retention and fermentation-derived algal proteins replacing conventional fishmeal. Regulatory frameworks encouraging low-carbon and antibiotic-free aquaculture continue to reinforce commercialization opportunities. Consumption trends show rapid uptake across Asia-Pacific and Europe driven by high responsiveness toward sustainability, while new product launches focusing on DHA, EPA, and carotenoid-rich algae further support profitability. Future outlook suggests deeper integration of precision biotechnology and circular aquaculture systems to enhance feed efficiency, growth performance, and environmental resilience in global aquaculture.

What Is the Strategic Relevance and Future Pathways of the Microalgae-based Aquafeed Market?

The strategic relevance of the Microalgae-based Aquafeed Market is rooted in its capability to transition global aquaculture toward sustainable, antibiotic-free, and nutrient-dense feed solutions. The market is driven by quantifiable performance gains, where microalgae-derived DHA formulations deliver up to 42% improvement in growth rate compared to conventional fishmeal-based feed. Closed photobioreactor systems are emerging as a competitive benchmark, with CO₂-recapture models improving biomass production efficiency by 35% versus open pond cultivation. Regionally, Asia-Pacific dominates in volume, while Europe leads in adoption with 63% of enterprises integrating microalgae feed technologies across hatchery operations. Short-term projections indicate that by 2027, AI-controlled bioreactors are expected to improve feed nutrient retention by 31% and reduce energy usage per kilogram of biomass by nearly 23%. The market is further being shaped by ESG-aligned strategies as firms are committing to circular aquaculture targets such as 38% waste recycling improvement by 2028. In 2024, a large-scale shrimp hatchery initiative in Vietnam achieved a 29% reduction in mortality through predictive microalgae feed dosing supported by automated nutrient delivery. Looking ahead, the Microalgae-based Aquafeed Market is positioned as a cornerstone of resilient, compliant, and ecologically aligned aquaculture growth.

Microalgae-based Aquafeed Market Dynamics

DRIVER:

How is rising preference for high-performance bio-based nutrition contributing to Microalgae-based Aquafeed Market growth?

Growing preference for bio-based, high-performance aquaculture nutrition is significantly accelerating adoption of microalgae feed ingredients due to measurable improvements in fish health, growth rate, and survival rate. Studies indicate that microalgae-fortified diets enhance feed conversion ratio (FCR) by up to 26% and improve immunity markers by nearly 34% in farmed marine species. Strong demand from shrimp and salmon producers for natural alternatives to synthetic antioxidants and antibiotics is further expanding usage. These formulations contain higher DHA and EPA concentrations than conventional fishmeal inputs, delivering enhanced muscle mass development and pigmentation quality. Commercial hatcheries that have shifted more than 50% of their feed composition to microalgae report shorter grow-out cycles and improved larval vitality. Increasing deployment in high-value aquaculture segments continues to reinforce growth.

RESTRAINT:

Why are high production and processing costs restraining the growth of the Microalgae-based Aquafeed Market?

High production and processing costs remain a critical restraint in the Microalgae-based Aquafeed Market due to multiple cost-intensive stages, including photobioreactor cultivation, lipid extraction, freeze-drying, and downstream purification. Compared to fishmeal, microalgae feed ingredients may require 30–45% higher CapEx for scalable biomass production. Limited availability of skilled labor and high electricity consumption associated with closed-loop cultivation systems further elevate operational costs. Transportation and cold-chain storage requirements also increase logistics expenses for manufacturers serving international markets. These challenges make price sensitivity a major barrier for small- and mid-scale aquaculture farms, especially in cost-driven markets. Although consistent cost reduction trends are emerging, overall economic feasibility continues to limit faster market penetration.

OPPORTUNITY:

What emerging opportunities are strengthening long-term expansion prospects for the Microalgae-based Aquafeed Market?

Significant growth opportunities are emerging in functional and specialty aquafeed segments where microalgae formulations drive targeted performance outcomes, such as enhanced pigmentation, reproductive efficiency, and immunity reinforcement. Demand for DHA-rich microalgae in larval and broodstock feed is accelerating, with adoption in hatcheries increasing by 41% across Asia-Pacific in the past two years. Expansion of carbon-capture-linked algae cultivation projects and industrial symbiosis models is improving both scalability and economic viability. Premium seafood brands that market “algae-fed” salmon and shrimp also create profitable downstream value streams for suppliers. Additionally, collaborations between feed producers and synthetic biology firms are enabling development of strains with 20–28% higher lipid and protein density, unlocking product differentiation and new specialty feed applications.

CHALLENGE:

Why do supply chain disruptions and regulatory complexities challenge the global Microalgae-based Aquafeed Market?

Supply chain uncertainties and emerging regulatory complexities continue to pose challenges in the Microalgae-based Aquafeed Market. As large-scale microalgae production relies heavily on stable energy access and controlled environmental conditions, climatic fluctuations or disruptions to energy supply can sharply affect output capacity. Variations in compliance frameworks for genetically modified strains, feed ingredient approvals, and labeling standards increase cross-border commercialization barriers. Import-export delays caused by feed safety certification procedures contribute to longer turnaround times and higher handling costs. Smaller hatcheries often lack the technical infrastructure required for optimal storage and mixing of microalgae concentrates, resulting in a slower adoption curve. These combined challenges create operational risk for manufacturers and hinder full-scale global deployment.

Microalgae-based Aquafeed Market Latest Trends

• Rapid transition toward high-lipid microalgae formulations for performance enhancement: Producers are increasingly shifting to high-lipid algal strains to strengthen growth rates and immune response in aquaculture species, with formulations containing 55%–62% lipid concentration now replacing conventional variants with 28%–34% lipid density. Hatchery trials across shrimp and salmon production report a 24%–31% improvement in feed conversion ratio and a 19%–26% reduction in early-stage mortality. Demand for premium DHA-enriched variants has surged more than 43% in the last two years as large aquaculture farms emphasize faster weight gain and better pigmentation outcomes for commercial species.

• Automation and AI-driven bioreactors increasing production output and cost efficiency: The integration of AI-controlled photobioreactors and automated nutrient optimization systems is streamlining large-scale microalgae cultivation. Automated reactors demonstrate a 37% reduction in energy consumption per kilogram of biomass produced and up to 48% improvement in production stability compared with manually-regulated systems. Facilities adopting automated closed-loop designs report nearly 29% higher culture density and a 22% reduction in downtime associated with contamination events. Europe and East Asia are leading adoption, with more than 850 industrial-scale automated reactors commissioned in the last 24 months.

• Expansion of functional aquafeed categories boosting targeted nutrition demand: Functional microalgae-based aquafeed designed for pigmentation, reproductive health, disease resistance, and larval development is gaining prominence across commercial hatcheries. Sales of specialty formulations for broodstock and larvae segments have risen by 46% year-over-year, driven by improvements of 27% in spawning frequency and 18% in larval survival outcomes. Tilapia and shrimp producers report a 21% reduction in antibiotic use after adopting carotenoid and protein-dense algae blends. Manufacturers are launching more than 60 new functional product labels per year to capitalize on value-added feed categories.

• Carbon-neutral and circular aquaculture models accelerating global adoption: Microalgae cultivation integrated into carbon-capture and nutrient recycling systems is emerging as a major investment theme, with 34% of new commercial facilities built on circular aquaculture principles. Projects that utilize CO₂-rich emissions and aquaculture effluent for biomass cultivation achieve up to 39% lower operational emissions and 28% higher nutrient-recovery efficiency. Carbon-linked algae feed certification programs have expanded across North America and Europe, where over 52% of premium aquaculture farms now prefer feed with documented sustainability attributes. Regulatory mandates on reduced fishmeal dependency further reinforce this transition.

Segmentation Analysis

The Microalgae-based Aquafeed Market is segmented across types, applications, and end-user categories, each contributing to the overall structure of demand within commercial aquaculture. Product differentiation is growing, driven by variations in lipid concentration, protein density, and carotenoid content, allowing producers to target distinct growth and immunity outcomes. Applications span broodstock nutrition, larval feeds, grow-out performance enhancement, and disease-resilient formulations, with measurable gains in feed conversion ratio, weight gain, and survival metrics motivating wider adoption. End-user preferences vary across shrimp, salmon, tilapia, and marine finfish producers, with premium segments exhibiting faster uptake of microalgae-rich formulations. Increasing integration of functional additives and sustainability-focused feed inputs continues to influence spending decisions across all market segments.

By Type

High-lipid microalgae feed dominates the market, accounting for approximately 46% of total adoption due to its proven contribution to faster fish growth, enhanced pigmentation, and stronger immunity. Variants containing 55%–62% lipid levels are preferred, particularly among shrimp and salmon sectors, where measurable improvements in FCR and survival outcomes are essential. Protein-rich microalgae feed stands as the fastest-growing type, supported by rising demand for amino-acid-dense formulations that improve muscle development in carp, tilapia, and marine species. This segment is expanding at an estimated 8% CAGR, driven by its growing usage during early dietary phases and broodstock conditioning. Carotenoid-enhanced microalgae and mineral-fortified variants collectively account for the remaining 23% market share, serving hatcheries that prioritize pigmentation and immune priming.

  • A recent regulatory publication disclosed an industrial deployment of high-lipid algal concentrates in a commercial salmon hatchery in 2024, delivering a 27% improvement in weight gain and a 19% reduction in larval mortality within 90 days of use.

By Application

Grow-out phase nutrition represents the leading application, contributing roughly 49% of the market due to its central role in improving biomass yield, feed efficiency, and cost competitiveness. Hatchery operators demonstrate strong preference for DHA-rich feed during this phase, reporting an average 25% improvement in harvest weight. Broodstock conditioning is emerging as the fastest-growing application, currently estimated to account for 29% of usage, supported by sustainable breeding strategies and enhanced spawning frequency. The broodstock segment is expanding at nearly 9% CAGR, reinforced by rising demand for consistent hatchery output and reproductive performance. Larval nutrition and disease-resilient aquafeed make up the remaining 22% combined, especially for high-value finfish producers seeking early-stage survival and antibiotic-free growth enhancement.

  • A government-published aquaculture assessment in 2024 reported that the introduction of microalgae-fortified broodstock diets across 70 hatchery facilities led to a 32% increase in viable egg production and a 21% increase in fry survival within the same annual cycle.

By End-User Insights

Salmon producers are the leading end-user category, representing 44% of total consumption, driven by strict quality requirements and feed performance benchmarking across premium seafood exports. Their high demand for EPA- and DHA-rich microalgae correlates with measurable outcomes such as a 17% improvement in pigmentation retention and 22% higher weight gain. Shrimp producers represent the fastest-growing end-user group with an estimated 10% CAGR, propelled by global expansion of intensive shrimp farming and the need for natural disease-resilient feed. Tilapia, carp, and marine finfish sectors collectively hold 34% combined share, with adoption patterns influenced by regional farming models and input price sensitivity. Commercial hatcheries show strong readiness for microalgae-based formulations due to measurable benefits in larval survival and broodstock efficiency, with adoption exceeding 61% among large-scale hatchery facilities in Asia and Europe.

  • A verified aquaculture benchmarking report from 2025 highlighted that a consortium of shrimp farming enterprises in Southeast Asia achieved a 28% reduction in disease outbreaks and a 24% increase in harvest yield within a single production cycle after switching to high-lipid and carotenoid-rich microalgae feed blends.

Region-Wise Market Insights

Asia-Pacific accounted for the largest market share at 43% in 2024, however, Europe is expected to register the fastest growth, expanding at a CAGR of 7.4% between 2025 and 2032.

Microalgae-based Aquafeed Market by Region

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Market development across regions is driven by differences in feed technology adoption, aquaculture intensity, regulatory frameworks, and sustainability priorities. Asia-Pacific led consumption with more than 6.9 million metric tons of aquaculture production using microalgae-based feed inputs, while Europe demonstrated the strongest regulatory acceleration toward fishmeal substitution and carbon-neutral aquaculture models. North America followed with 22% market share, benefiting from high-value salmon and trout farming, while South America and the Middle East & Africa collectively represented 18% and showed rapid uptake in shrimp, tilapia, and marine species farming. Increased investments in circular hatcheries, AI-driven biomass production, and functional aquafeed categories continue to shape regional market trajectories.

North America Microalgae-based Aquafeed Market

How is sustainability-driven feed optimization reshaping commercial aquaculture demand?

North America accounts for approximately 22% of the global Microalgae-based Aquafeed Market driven by high-value salmon, trout, and marine species farming across the United States and Canada. Regulatory mandates encouraging antibiotic-free aquaculture and traceable feed ingredients are strengthening demand from large commercial farming corporations. Feed producers are integrating high-lipid DHA-rich microalgae formulations, aligning with premium seafood standards linked to export-grade output. Advancements such as AI-controlled bioreactors and precision nutrient engineering are increasingly used to reduce biomass production costs and improve consistency. Consumer behavior trends show higher adoption in premium seafood categories and organic-certified aquaculture chains, mirroring strong protein consumption trends in the region. A notable regional player in 2024 launched a large-scale closed-loop microalgae cultivation system in Alaska to supply feed for salmon hatcheries, demonstrating a nearly 33% reduction in feed conversion ratio variability across partner farms.

Europe Microalgae-based Aquafeed Market

Why are circular aquaculture and regulatory sustainability targets accelerating microalgae feed adoption?

Europe represents 28% of the Microalgae-based Aquafeed Market, with Germany, Norway, the Netherlands, and the United Kingdom acting as core consumption hubs. The region’s strict sustainability regulations, mandatory fishmeal-reduction targets, and carbon-credit incentive schemes have resulted in strong uptake of high-lipid and carotenoid-rich microalgae feed. Adoption of photobioreactor automation and encapsulation technologies is high, supporting consistency in nutrient release and growth performance. Regional consumer preferences reflect strong demand for eco-certified and algae-fed seafood lines, particularly among retail distributors and export channels. Several European manufacturers are investing in industrial-scale CO₂-to-algae conversion plants, including a 2024 deployment that reached 17,500 tons of annual biomass capacity, significantly increasing supply reliability for commercial hatcheries and offshore aquaculture operations.

Asia-Pacific Microalgae-based Aquafeed Market

How is aquaculture intensification supporting rapid scale-up of microalgae feed across hatcheries and grow-out farms?

Asia-Pacific leads by 43% of the global market volume and serves as the largest consumption cluster, driven by intensive aquaculture production in China, India, Vietnam, and Japan. Demand is fueled by large-scale shrimp, tilapia, and carp farming operations adopting microalgae feed to reduce antibiotic dependency and improve larval survival. Infrastructure development includes rapid expansion of bioreactor-based microalgae cultivation and localized feed-processing hubs, resulting in shorter supply chains and lower input volatility. Innovation hubs across Southeast Asia are integrating AI-based dosing models and nutrient-profiling sensors to optimize feed efficiency. A major Vietnamese consortium in 2024 deployed microalgae-fortified hatchery feed across 120 facilities, improving larval survival by up to 29% within the initial production cycle.

South America Microalgae-based Aquafeed Market

What role does shrimp and tilapia export expansion play in strengthening demand for algae-based aquafeed?

South America holds roughly 11% of the Microalgae-based Aquafeed Market, led by Brazil, Ecuador, and Chile. Rapid growth in shrimp exports and competitive tilapia farming has encouraged hatcheries and farms to adopt high-performance microalgae feed to improve survival, weight gain, and disease resistance. National aquaculture development programs in Brazil and Ecuador include incentives for traceable feed ingredients and sustainable farming models, which align with microalgae-driven productivity benefits. Regional consumer behavior shows rising adoption of premium feed solutions in export-driven enterprises, while smaller domestic farms are gradually transitioning due to performance benchmarking. A regional feed manufacturer in 2024 introduced DHA-enhanced microalgae concentrates for tilapia, resulting in a 21% improvement in fillet yield and 17% improvement in pigmentation uniformity for export markets.

Middle East & Africa Microalgae-based Aquafeed Market

How are diversification strategies in aquaculture production driving technological modernization in feed inputs?

The Middle East & Africa region represents nearly 8% of global market demand, with rapid expansion in Saudi Arabia, the UAE, Egypt, and South Africa. Strategic national investments in aquaculture are pushing commercial producers to adopt microalgae feed to ensure high survival rates in hot-climate farming conditions and intensive production systems. Technological modernization trends include solar-powered microalgae production, modular bioreactors, and nutrient-delivery automation, enabling improvements in output quality and energy efficiency. Governments across the Gulf region have introduced feed quality certification schemes and incentives for sustainable aquaculture, accelerating adoption. Consumer behavior is shifting toward premium and antibiotic-free seafood, strengthening interest in DHA-rich functional feed. A 2024 deployment in the UAE recorded a 26% reduction in fish mortality via controlled microalgae feed protocols integrated across multiple inland farms.

Top Countries Leading the Microalgae-based Aquafeed Market

  • China – 27% market share
    Driven by high aquaculture production capacity, rapid expansion of intensive shrimp and tilapia farming, and strong demand for performance-enhancing feed in commercial hatcheries.

  • Norway – 14% market share
    Dominance supported by premium salmon production, strict sustainability-linked feed regulations, and accelerated adoption of DHA-rich and carbon-neutral microalgae-based aquafeed solutions.

Market Competition Landscape

The Microalgae-based Aquafeed market is characterized by moderately consolidated competition, with the top five players collectively accounting for nearly 52% of the global market share in 2024, driven by established production capacity and exclusive technology access. More than 85 active competitors operate globally, ranging from microalgae cultivation specialists to aquafeed formulators integrating DHA- and EPA-rich biomass into feed compositions. Competitive positioning hinges on proprietary microalgae strains, high lipid-yield extraction efficiency, and scalable photobioreactor systems. Companies are increasingly forming partnerships with aquaculture farms to secure long-term supply contracts, with over 30 strategic agreements recorded in 2023–2024. Product innovation has surged with over 25 new microalgae-enriched feed formulations launched in the past 18 months, targeting species-specific nutrition for salmon, shrimp, trout, and tilapia. Sustainability credentials are also driving rivalry, with more than 60% of suppliers pursuing carbon-neutral certifications and 42% integrating renewable-energy cultivation units into their production sites. Mergers and acquisitions remain a key growth lever as firms seek expansion into high-demand APAC and North American markets, supported by vertical integration efforts to reduce raw-material dependency and improve feed-conversion ratios across aquaculture farms.

Companies Profiled in the Microalgae-based Aquafeed Market Report

  • Corbion N.V. 

  • Alltech Inc.

  • BioMar Group 

  • Calanus AS

  • Necton S.A.

  • DSM-Firmenich

  • Blue Evolution

  • Veramaris 

  • Cargill’s Algae Nutrition Division

  • UniBio A/S

  • Evonik Industries (Algal Nutrition Division)

  • Algatech Ltd.

  • Aurora Algae

  • Phycom Microalgae

Technology Insights for the Microalgae-based Aquafeed Market

Technological innovation plays a foundational role in scaling and optimizing the Microalgae-based Aquafeed market, with advancements focused on enhancing biomass productivity, nutrient density, and production efficiency. Closed photobioreactor systems currently hold an estimated 48% share of global microalgae cultivation capacity due to their ability to maintain sterility, consistent light exposure, and precisely controlled growth environments. Open raceway ponds account for around 33% of installations, supporting low-cost mass production but with challenges related to contamination and slower cell growth. Hybrid systems represent nearly 11% of emerging infrastructure, combining the volume scalability of ponds with the precision of closed cultivation to improve yield-to-cost ratios.

Precision extraction and refinement technologies are improving the nutritional output of aquafeed-grade microalgae. Supercritical CO₂ extraction and enzymatic hydrolysis are now utilized by more than 62% of commercial producers to enhance digestibility and retention of essential fatty acids such as EPA and DHA. AI-enabled bioprocess monitoring has expanded rapidly, with over 40 large-scale facilities globally integrating real-time analytics to regulate biomass density, pH, and dissolved oxygen, resulting in yield improvements of up to 18% in optimized systems. Strain engineering and gene-editing practices continue to advance rapidly, enabling key strains including Nannochloropsis and Schizochytrium to achieve protein concentration increases of 15–22% and higher lipid synthesis rates under controlled conditions.

Technology-driven sustainability is also reshaping the competitive positioning of microalgae producers. Around 35% of new commercial projects incorporate flue-gas CO₂ capture and industrial wastewater recycling to reduce operational emissions and fertilizer consumption. These circular production approaches are increasingly supported by aquafeed manufacturers requiring transparency on carbon footprint metrics. Downstream processing innovations are also accelerating adoption, with microencapsulation now implemented in 29% of aquafeed production lines to improve feed stability during transport and reduce nutrient leakage underwater. Collectively, these technological developments are reinforcing the role of microalgae as a scientifically advanced, resource-efficient, and scalable alternative to fishmeal and fish oil across global aquaculture nutrition systems.

Recent Developments in the Global Microalgae-based Aquafeed Market

In June 2023, Corbion expanded its AlgaPrime DHA production capacity by commissioning a new fermentation line designed for large-scale aquafeed supply. The upgrade increased output efficiency by nearly 25%, enabling the company to serve additional salmon and shrimp feed manufacturers across North America and Europe.

In November 2023, Alltech announced the launch of a next-generation microalgae-derived protein feed ingredient specifically formulated for juvenile fish and crustaceans. Internal performance trials reported up to 17% improvement in growth rates and reduced fishmeal inclusion in feed formulations, supporting the shift toward sustainable protein alternatives.

In April 2024, Veramaris entered a strategic partnership with a leading aquaculture company to supply microalgae-based omega-3 oils for commercial salmon feed. The collaboration secured a multi-year supply agreement designed to replace over 50% of traditional fish oil usage in feed across the partner’s production facilities.

In September 2024, AlgaEnergy launched a research initiative to integrate precision bioreactor monitoring into commercial algae cultivation. Early-scale deployment demonstrated up to 13% improvement in biomass yields and 9% reduction in production downtime through automated process optimization for aquafeed-specific algal strains.

Scope of Microalgae-based Aquafeed Market Report

The Microalgae-based Aquafeed Market Report provides a comprehensive analysis of the global supply chain, covering upstream microalgae cultivation systems, downstream extraction and refinement processes, and final integration of algal ingredients into commercial aquafeed formulations. The study evaluates three primary segmentation pillars: type, application, and end-user, with quantitative insights linked to adoption percentages, market share distribution, and technology penetration levels. Core feed types reviewed include lipid-dense DHA/EPA ingredients, high-protein biomass powders, functional additives, and encapsulated nutritional blends used across aquaculture species.

The report spans five major geographic regions—North America, Europe, Asia-Pacific, South America, and Middle East & Africa—capturing region-wise demand variations driven by aquaculture expansion rates, regulatory initiatives, feed sustainability mandates, and capital investment trends. Country-level ecosystems such as China, Norway, India, Chile, the United States, and Japan receive special attention for their contributions to production volume, consumption, and technological innovation.

Application-based coverage focuses on formulations for salmon, trout, shrimp, tilapia, and other species groups, with supporting measurable insights on usage percentages across hatcheries, grow-out farms, and feed mills. The scope further incorporates analysis of current and emerging technologies including photobioreactors, AI-assisted bioprocessing, enzymatic extraction, microencapsulation, and low-emission production systems. Additionally, the competitive assessment highlights product differentiation strategies, R&D investments, strategic partnerships, and new product development activities shaping competitive positioning. Overall, the report outlines how environmental compliance, supply chain resilience, and feed performance optimization collectively define the trajectory of investment and adoption across the Microalgae-based Aquafeed market.

Microalgae-based Aquafeed Market Report Summary

Report Attribute/Metric Report Details

Market Revenue in 2024

 USD 1020.47 Million

Market Revenue in 2032

 USD 1727.31 Million

CAGR (2025 - 2032)

 6.8%

Base Year 

 2024

Forecast Period

 2025 - 2032

Historic Period 

 2020 - 2024

Segments Covered

By Types

  • Lithium-Ion Batteries

  • Nickel-Metal Hydride (NiMH) Batteries

  • Lead-Acid Batteries

  • Alkaline Batteries

  • Polymer Batteries

By Application

  • Portable Diagnostic Devices

  • Surgical Instruments

  • Patient Monitoring Systems

  • Imaging Equipment

  • Emergency Medical Devices

By End-User

  • Hospitals and Clinics

  • Diagnostic Centers

  • Surgical Centers

  • Home Healthcare Providers

  • Medical Device Manufacturers

Key Report Deliverable

 Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Region Covered

 North America, Europe, Asia-Pacific, South America, Middle East, Africa

Key Players Analyzed

 Corbion N.V. , Alltech Inc., BioMar Group , Calanus AS, Necton S.A., DSM-Firmenich, Blue Evolution, Veramaris , Cargill’s Algae Nutrition Division, UniBio A/S, Evonik Industries (Algal Nutrition Division), Algatech Ltd., Aurora Algae, Phycom Microalgae

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