| Product Code: ETC7472003 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hong Kong aquafeed import market witnessed a noteworthy shift in 2024, with top suppliers being the USA, China, Australia, Pakistan, and Malaysia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from very high in 2023 to a more moderate level in 2024. The industry experienced a negative compound annual growth rate (CAGR) of -5.5% from 2020 to 2024, with a significant decline in growth rate by -83.15% from 2023 to 2024. These trends indicate a changing landscape in the aquafeed import market in Hong Kong, potentially influenced by various factors impacting global trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Aquafeed Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Aquafeed Market - Industry Life Cycle |
3.4 Hong Kong Aquafeed Market - Porter's Five Forces |
3.5 Hong Kong Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Hong Kong Aquafeed Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Hong Kong Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
4 Hong Kong Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for seafood consumption in Hong Kong |
4.2.2 Growth of aquaculture industry in the region |
4.2.3 Rising awareness about the benefits of aquafeed in enhancing aquaculture productivity |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to aquafeed manufacturing and ingredients |
4.3.3 Competition from imported aquafeed products |
5 Hong Kong Aquafeed Market Trends |
6 Hong Kong Aquafeed Market, By Types |
6.1 Hong Kong Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Aquafeed Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Hong Kong Aquafeed Market Revenues & Volume, By Extruded, 2021- 2031F |
6.1.4 Hong Kong Aquafeed Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.5 Hong Kong Aquafeed Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Hong Kong Aquafeed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Hong Kong Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Aquafeed Market Revenues & Volume, By Health, 2021- 2031F |
6.2.3 Hong Kong Aquafeed Market Revenues & Volume, By Digestibility, 2021- 2031F |
6.2.4 Hong Kong Aquafeed Market Revenues & Volume, By Palatability, 2021- 2031F |
6.2.5 Hong Kong Aquafeed Market Revenues & Volume, By Special Nutrition, 2021- 2031F |
6.2.6 Hong Kong Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Hong Kong Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.3 Hong Kong Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.4 Hong Kong Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Aquafeed Market Import-Export Trade Statistics |
7.1 Hong Kong Aquafeed Market Export to Major Countries |
7.2 Hong Kong Aquafeed Market Imports from Major Countries |
8 Hong Kong Aquafeed Market Key Performance Indicators |
8.1 Average selling price of aquafeed in Hong Kong |
8.2 Adoption rate of advanced aquafeed technologies in local aquaculture farms |
8.3 Percentage of local aquaculture farms using specialized aquafeed formulations |
9 Hong Kong Aquafeed Market - Opportunity Assessment |
9.1 Hong Kong Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Hong Kong Aquafeed Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Hong Kong Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
10 Hong Kong Aquafeed Market - Competitive Landscape |
10.1 Hong Kong Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Aquafeed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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