Japan Aquafeed Market

Japan Aquafeed Market Insights Forecasts to 2035

• The Market Size for Aquafeed was estimated to be worth USD 3.4 Billion in 2024.
• The Market Size is going to expand at a CAGR of 6.92 % between 2025 and 2035.
• The Japan Aquafeed Market Size is Anticipated to reach USD 7.1 Billion by 2035.

According to a research report published by Decision Advisor, the Japan Aquafeed Market Size is Anticipated to Hold USD 7.1 Billion by 2035, Growing at a CAGR of 6.92 % from 2025 to 2035. The Japan aquafeed market offers future opportunities through the adoption of sustainable feed ingredients, increasing aquaculture production, technological advancements in feed formulation, and growing demand for high-quality, nutrient-rich seafood products.

Market Overview

The Japan Aquafeed Market Size is witnessing steady growth driven by the rising demand for seafood, expanding aquaculture activities, and advancements in feed technology. With a strong focus on sustainability, Japanese aquafeed manufacturers are increasingly adopting alternative protein sources such as plant-based and insect-based ingredients to reduce dependence on fishmeal. Government initiatives promoting eco-friendly aquaculture and research into functional feeds that enhance fish health and growth performance are also boosting market development. Additionally, growing consumer preference for premium seafood products and the adoption of precision feeding technologies are further contributing to the market’s positive outlook in the coming years. 

Report Coverage

This research report categorizes the market for the Japan aquafeed market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan aquafeed market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan aquafeed market.

Driving Factors

The Japan aquafeed market is driven by increasing seafood consumption, growing aquaculture production, and a strong emphasis on sustainable and high-quality feed solutions. Technological advancements in feed formulation, including probiotics and functional ingredients, are enhancing fish health and productivity. Government support for sustainable aquaculture practices and research investments further propel market growth. Additionally, the rising adoption of precision aquaculture and automated feeding systems contributes to improved efficiency, reduced waste, and higher profitability for aquaculture producers across the country.

Restraining Factors

The Japan aquafeed market faces restraints such as fluctuating raw material prices, particularly fishmeal and soybean, which impact production costs. Limited availability of sustainable ingredients, stringent environmental regulations, and high production costs also challenge market growth. Additionally, disease outbreaks and climate-related risks affect aquaculture productivity and feed demand.

Market Segmentation

The Japan aquafeed market share is classified into ingredient and end user.

• The soybean segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan aquafeed market is segmented by ingredient into soybean, fish meal, wheat flour and wheat products, rice products, corn, additives, and others. Among these, the soybean segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Soybean meal dominates due to its high protein content, cost-effectiveness, and easy availability as a sustainable alternative to fishmeal. Growing adoption of plant-based proteins and government focus on reducing marine resource dependency further drive its demand in aquafeed production.

• The fishes segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan aquafeed market is segmented by end user into molluscs, fishes, crustaceans and others. Among these, the fishes segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The fish segment dominates due to Japan’s high demand for popular aquaculture species such as yellowtail, tuna, and seabream. Increasing fish farming activities, technological advancements in feed formulation, and strong domestic seafood consumption further boost growth in this segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan aquafeed market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nippon Suisan Kaisha, Ltd. (Nissui)
• Marubeni Nisshin Feed Co., Ltd.
• Charoen Pokphand Foods PCL
• Itochu Corporation
• Nutreco N.V.
• Cargill, Incorporated
• Kyokuyo Co., Ltd.
• Toyo Feed Co., Ltd.
• JFE Holdings, Inc.
• Mitsui & Co., Ltd.
• FEED ONE Co., Ltd.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Decision Advisors has segmented the Japan aquafeed market based on the following segments:

Japan Aquafeed Market, By Ingredient

• Soybean
• Fish Meal
• Wheat Flour and Wheat Products
• Rice Products
• Corn
• Additives
• Others

Japan Aquafeed Market, By End User

• Molluscs
• Fishes
• Crustaceans
• Others