Thailand Aquafeed Market (2026-2032) | Value, Share, Trends, Industry, Size & Revenue, Analysis, Forecast, Segmentation, Competitive Landscape, Outlook, Growth, Companies

Thailand Aquafeed Market Growth Rate

According to 6Wresearch internal database and industry insights, the Thailand Aquafeed Market is projected to grow at a compound annual growth rate (CAGR) of 6.1% during the forecast period (2026-2032).

Five-Year Growth Trajectory of the Thailand Aquafeed Market with Core Drivers

Below mentioned is the evaluation of year-wise growth rate along with key growth drivers:

Topics Covered in the Thailand Aquafeed Market Report

The Thailand Aquafeed Market report thoroughly covers the market by form, function, and species. The report provides an unbiased and detailed analysis of current market trends, high-growth segments, investment opportunities, and key drivers supporting aquaculture expansion. It enables stakeholders to align strategies with feed innovation, sustainability initiatives, and evolving nutritional requirements across Thailand’s commercial aquaculture ecosystem.

Thailand Aquafeed Market Highlights

Thailand Aquafeed Market Synopsis

Thailand Aquafeed Market is anticipated to witness robust growth due to expanding aquaculture production, strong seafood export demand, and increasing use of formulated feeds. The shift from traditional feeding practices to scientifically balanced aquafeed is improving productivity and survival rates. Furthermore, rising focus on disease prevention, sustainable feed ingredients, and government support for aquaculture modernization is strengthening long-term growth prospects for the market.

Evaluation of Growth Drivers in the Thailand Aquafeed Market

Below mentioned are some prominent drivers and their influence on the market dynamics:

Thailand Aquafeed Market is expected to grow at the CAGR of 6.1% during the forecast period of 2026-2032. Growing global demand for Thai seafood, increased use of nutritionally optimized feeds, and increasing aquaculture intensification all support development. Additionally, improvements in feed formulation, emphasis on sustainability, and supportive government initiatives aimed at boosting farm productivity are contributing to steady expansion of the Thailand Aquafeed Market.

Evaluation of Restraints in the Thailand Aquafeed Market

Below mentioned are some major restraints and their influence on the market dynamics:

Thailand Aquafeed Industry Challenges

Despite strong growth, the Thailand Aquafeed Industry faces challenges such as fluctuating raw material costs, environmental compliance pressures, and uneven adoption of advanced feeds among small-scale farmers. Additionally, disease outbreaks in shrimp farming, water quality management issues, and reliance on imported feed additives increase operational risks. Addressing these challenges requires continuous feed innovation, farmer education, and stable ingredient supply strategies.

Thailand Aquafeed Market Trends

Key trends evaluating the landscape of the Thailand Aquafeed Market Growth are:

• Use of Extruded Aquafeed: Extruded feeds are increasingly adopted due to better digestibility and reduced nutrient leaching. These feeds improve growth performance in intensive shrimp and fish farming systems.
• Rising Demand for Functional Feeds: Health-oriented feeds with probiotics and immune enhancers are gaining traction and help minimize disease-related losses and improve survival rates.
• Sustainable Feed Ingredients: Feed manufacturers are incorporating plant-based and alternative protein sources and reduces environmental impact.
• Digital Feed Management Usage: Feeding with the use of smart feeding systems synchronizes with the feed formulation results in maximizing feed utilization and minimizing spills.

Investment Opportunities in the Thailand Aquafeed Market

Some prominent investment opportunities in the Thailand Aquafeed Market include:

• Specific Shrimp Feed Development – Investing in protein-rich shrimp feed formulations supports export-quality production and reinforces Thailand’s leading position in global shrimp farming.
• Feed Technology Partnerships – Collaborations with aquaculture technology firms enhance innovation in feed formulation and delivery, supporting precision feeding and sustainable farming practices.
• Functional and Health-Oriented Aquafeed – Developing feeds enriched with probiotics, immune boosters, and disease-prevention additives helps reduce mortality rates and improves farm productivity.
• Local Raw Material Processing Facilities – Establishing domestic processing units for feed ingredients reduces dependence on imports, stabilizes costs, and improves supply chain reliability for aquafeed manufacturers.

Top 5 Leading Players in the Thailand Aquafeed Market

Some leading players operating in the Thailand Aquafeed Market include:

1. Charoen Pokphand Foods

Charoen Pokphand Foods is a dominant aquafeed producer in Thailand, offering advanced shrimp and fish feed solutions while supporting integrated and export-oriented aquaculture operations.

2. Thai Union Group

Thai Union supports aquaculture through feed innovation and nutrition programs aligned with sustainable seafood production across Thailand.

3. Cargill Incorporated

Cargill supplies high-quality aquafeed in Thailand, focusing on performance nutrition, disease resistance, and sustainable ingredient sourcing.

4. BioMar Group

BioMar provides specialized aquafeed solutions in Thailand, emphasizing shrimp and fish feed efficiency and environmental sustainability.

5. Skretting

Skretting delivers premium aquafeed products in Thailand, supporting intensive aquaculture systems through innovation-driven feed formulations.