April 23, 2026

 

China's shrimp feed market defined by three-tier pyramid structure

 

Imports are estimated at 920,000 tonnes, down 1.7% year-on-year. As for demand, domestic consumption is estimated at 3.17 million tonnes, up 3.3% year-on-year; exports reached 190,000 tonnes, increasing by 12.2%. Year-end inventories are estimated at 480,000 tonnes, an increase of 60,000 tonnes compared with 2024.

 

Although consumption continued to grow and imports declined, rapid production growth led to a supply surplus. Hence, the market for Pacific white shrimp faced sustained price pressure throughout the year. Average farm-gate prices in major producing regions declined continuously.

 

Still, China's domestic shrimp feed sales are estimated to hit a year-on-year growth of 3%–5% in 2025, with total annual sales exceeding 2.5 million tonnes.

 

China's shrimp feed market has gradually become highly concentrated after years of development. It has formed a stable three-tier pyramid structure, with widening gaps between each tier.

 

Guangdong Haid Group continues to dominate the industry with a sales volume of 800,000 tonnes. It achieved an annual growth of over 10%, with its market share surpassing the 30% threshold.

 

Second tier (the challengers)

 

This tier consists of leading enterprises like Tongwei Co., Ltd., Guangdong Hengxing Feed Industry Co., Ltd., Yuehai Feed Group, and Aohua Group. These companies form the backbone of the market. While the competitive landscape appears stable, underlying competition remains intense.

 

Third tier (intense competitive zone)

 

This segment includes 15 companies, ranging from Mingzhi Group (80,000 tonnes) to Tianjin Tianjiao (20,000 tonnes), with a combined total of 705,000 tonnes and an average of less than 50,000 tonnes per company.

 

In this segment, minor market fluctuations can reshuffle rankings. Small and medium-sized enterprises face the risk of acquisition or elimination.

 

Market concentration and competitive dynamics

 

Data show that the top five companies achieved combined sales of 1.815 million tonnes, resulting in a market concentration ratio as high as 71.7%. This indicates that consolidation within the shrimp feed industry is accelerating.

 

Outlook for 2026

 

Against the benchmark of 800,000 tonnes in sales, the Chinese shrimp feed industry is transitioning from fragmentation to concentration.

 

In 2026, the industry is expected to enter a phase of deep consolidation. More small and medium-sized enterprises are likely to integrate into larger corporate systems through mergers, acquisitions, and strategic partnerships.

Please read more at:

https://farmmetrics.eflagdata.com/global/market-forecast-and-analysis

EFL AG-DATA, a Singapore-based startup, has developed FarmMetrics INSIGHT -- a market data platform delivering real-time insights on feed additives, macro ingredients, and livestock markets across China and Southeast Asia.

 

Interested in exploring the full features and data? Start a free trial by signing up here: https://farmmetrics.eflagdata.com/global/sign-up . Or reach out to us at inquiry@eflagdata.com.

- EFL AG-DATA