| Product Code: ETC9461963 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka import trend for the aquafeed market experienced a notable decline from 2023 to 2024, with a growth rate of -27.92%. The compound annual growth rate (CAGR) for the period 2020-2024 was -12.4%. This decline could be attributed to shifts in consumer preferences or fluctuations in 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 Sri Lanka Aquafeed Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Aquafeed Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Aquafeed Market - Industry Life Cycle |
3.4 Sri Lanka Aquafeed Market - Porter's Five Forces |
3.5 Sri Lanka Aquafeed Market Revenues & Volume Share, By Form, 2022 & 2032F |
3.6 Sri Lanka Aquafeed Market Revenues & Volume Share, By Function, 2022 & 2032F |
3.7 Sri Lanka Aquafeed Market Revenues & Volume Share, By Species, 2022 & 2032F |
4 Sri Lanka Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumption of aquaculture products in Sri Lanka |
4.2.2 Growth in aquaculture industry in Sri Lanka |
4.2.3 Government initiatives to promote aquaculture sector |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns related to aquafeed production |
4.3.3 Competition from imported aquafeed products |
5 Sri Lanka Aquafeed Market Trends |
6 Sri Lanka Aquafeed Market, By Types |
6.1 Sri Lanka Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Aquafeed Market Revenues & Volume, By Form, 2022-2032F |
6.1.3 Sri Lanka Aquafeed Market Revenues & Volume, By Extruded, 2022-2032F |
6.1.4 Sri Lanka Aquafeed Market Revenues & Volume, By Pellets, 2022-2032F |
6.1.5 Sri Lanka Aquafeed Market Revenues & Volume, By Powder, 2022-2032F |
6.1.6 Sri Lanka Aquafeed Market Revenues & Volume, By Liquid, 2022-2032F |
6.2 Sri Lanka Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Aquafeed Market Revenues & Volume, By Health, 2022-2032F |
6.2.3 Sri Lanka Aquafeed Market Revenues & Volume, By Digestibility, 2022-2032F |
6.2.4 Sri Lanka Aquafeed Market Revenues & Volume, By Palatability, 2022-2032F |
6.2.5 Sri Lanka Aquafeed Market Revenues & Volume, By Special Nutrition, 2022-2032F |
6.2.6 Sri Lanka Aquafeed Market Revenues & Volume, By Others, 2022-2032F |
6.3 Sri Lanka Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Aquafeed Market Revenues & Volume, By Fish, 2022-2032F |
6.3.3 Sri Lanka Aquafeed Market Revenues & Volume, By Crustaceans, 2022-2032F |
6.3.4 Sri Lanka Aquafeed Market Revenues & Volume, By Others, 2022-2032F |
7 Sri Lanka Aquafeed Market Import-Export Trade Statistics |
7.1 Sri Lanka Aquafeed Market Export to Major Countries |
7.2 Sri Lanka Aquafeed Market Imports from Major Countries |
8 Sri Lanka Aquafeed Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) of aquaculture species in Sri Lanka |
8.2 Percentage of aquaculture farms using locally produced aquafeed |
8.3 Adoption rate of sustainable aquafeed production practices in the Sri Lankan aquaculture industry |
9 Sri Lanka Aquafeed Market - Opportunity Assessment |
9.1 Sri Lanka Aquafeed Market Opportunity Assessment, By Form, 2022 & 2032F |
9.2 Sri Lanka Aquafeed Market Opportunity Assessment, By Function, 2022 & 2032F |
9.3 Sri Lanka Aquafeed Market Opportunity Assessment, By Species, 2022 & 2032F |
10 Sri Lanka Aquafeed Market - Competitive Landscape |
10.1 Sri Lanka Aquafeed Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka 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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