Thailand Aquafeed Market Size, Share, Trends Report 2032

Thailand Aquafeed Market Report by End User (Fishes, Crustaceans, Mollusks, and Others), Ingredient (Soybean, Fish Meal, Wheat Flour and Wheat Products, Rice Products, Corns, Additives, and Others), Product Form (Pellets, Extruded, Powdered, Liquid) 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A1551

Buy Now New Year Sale

Market Overview:

The Thailand aquafeed market size reached 4,09,700 Tons in 2023. Looking forward, IMARC Group expects the market to reach 7,77,700 Tons by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	4,09,700 Tons
Market Forecast in 2032	7,77,700 Tons
Market Growth Rate (2024-2032)	7.1%

Thailand has the most sophisticated commercial aquafeed manufacturing industry. It has one of the world's largest shrimp and fish production industries which play a significant role in the country’s economy. Rising exports of fishery products across various countries have increased the demand of aquafeed in the country. Moreover, all the required raw materials are easily available in the country that helps in the rapid development and production of fish feed such as corn, soybean, fish meal etc. Apart from this, rising awareness among consumers about the high-protein content of seafood has encouraged the farmers to use improved aquafeed. Additionally, new technologies are being introduced in the country to improve the feed quality in order to attain higher productivity. In addition, due to drug and chemical residue problems, farmers who culture freshwater shrimp have started using more commercial feed instead of on-farm mixed feed.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Thailand aquafeed market report, along with forecasts at the period 2024-2032. Our report has categorized the market based on end user, ingredient and product form.

Breakup by End User:

Fishes
- Tilapia
- Catfish
- Common Silver Barb
- Others
Crustaceans
- Shrimp
- Others
Mollusks
Others

Fish currently accounts for the largest share in the market.

Breakup by Ingredient:

Soybean
Fish Meal
Wheat Flour and Wheat Products
Rice Products
Corns
Additives
- Vitamins and Minerals
- Amino Acids
- Feed enzymes
- Antioxidants
- Others
Others

Amongst these, soybean accounts for the largest share.

Breakup by Product Form:

Pellets
Extruded
Powdered
Liquid

Pellets represent the biggest segment, accounting for the largest market share.

Competitive Landscape:

The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry:

Charoen Pokphand Group
Cargill Thailand
Thai Luxe Enterprises (Thailand) Co., Ltd.
Thai Union Feed mill Co., Ltd.
Lee Feed Mill Public Company Limited
Betagro Group
Inteqc Feed Co., Ltd.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	000 Tons
Segment Coverage	End User, Ingredient, Product Form
Companies Covered	Charoen Pokphand Group, Cargill Thailand, Thai Luxe Enterprises (Thailand) Co., Ltd. , Thai Union Feed mill Co., Ltd., Lee Feed Mill Public Company Limited, Betagro Group and Inteqc Feed Co., Ltd.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Thailand aquafeed market performed so far and how will it perform in the coming years?
What is the breakup of the Thailand aquafeed market based on the end user?
What is the breakup of the Thailand aquafeed market based on the ingredient?
What is the breakup of the Thailand aquafeed market based on the product form?
What has been the impact of COVID-19 in the Thailand aquafeed market?
What are the various stages in the value chain of the Thailand aquafeed market?
What are the key driving factors and challenges in the Thailand aquafeed market?
What is the structure of the Thailand aquafeed market and who are the key players?
What is the degree of competition in the Thailand aquafeed market?

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options New Year Sale

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.