Market Forecast By Product Type (Plant Based, Fish & Fish Products, Microorganism), By Form (Pellet, Granules, Flakes, Sticks, Powder), By Application (Commercial, Household), By Distribution Channel (B2B, B2C) And Competitive Landscape
Product Code: ETC125896 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Morocco Fish Feed Market report thoroughly covers the market by product type, by form, by application, and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Morocco Fish Feed Market is gradually developing, and the government's efforts to achieve self-sufficiency in fish feed production will boost the local market. The adoption of new technology and innovative products, coupled with the growing demand for sustainable feed production, will lead to significant growth opportunities for the market. Morocco, located in the Northwestern tip of Africa, is known for its magnificent coastline of the Atlantic Ocean and the Mediterranean Sea. Fishing and its related economy have been one of the significant contributors to the development of the country.
According to 6Wresearch, the Morocco Fish Feed Market size is expected to register a CAGR of 3.34% during the forecast period of 2025-2031. The surging demand for fish and seafood, awareness of the nutritional value of fish, rising disposable income, and rising employment opportunities are some of the primary drivers leading to the Morocco Fish Feed Market Growth. Also, the country imports a significant amount of fish feed from other countries, and local production is relatively lower. However, Morocco aims to achieve self-sufficiency, and the government is taking measures to reduce imports. Moreover, there are several emerging trends prevailing in the industry. For instance, growing demand for plant-based feeds and innovation in fish feed technology is the emerging trend in the market. The shift towards sustainable and organic feed production is growing significantly. These practices have resulted in the development of new products, which have further expanded the market. However, feed prices, feed quality, and stringent market regulations pose the significant challenge to the growth of the fish feed market in Morocco. Nonetheless, the focus on aquaculture development and the growing popularity of RAS (Recirculating Aquaculture System) provides an excellent opportunity for the fish feed market in Morocco. Moreover, the increased adoption of cost-effective and efficient technology will lead to the growth of this market.
There are several policies which aimed at boosting the Morocco Fish Feed Market Industry and helping companies in this sector. The development of The National Aquaculture Strategy in 2015 is of the leading policy introduced by the government which is designed to promote aquaculture development, increase production, and create new job opportunities. Moreover, the government established the Moroccan Aquaculture Development Fund aimed at financing aquaculture activities. This policy has resulted in an increased fish supply in the local market, and subsequently, the flourishing of the fish feed industry. Another prominent policy is the provision of subsidizes for fish feed companies that produce feed for fish farming. The government provides financial support to help these companies keep their business operations going. This program helps ease the cost of producing fish feed, which is passed down to the consumer and eventually helps make fish more affordable in the market.
Major companies such as Bled Al Makhzen, Omnium Nord-Africain, and Helena Bio Feed have played a significant role in the Morocco Fish Feed Market. These companies export their products into a range of markets. Also, these companies have extended their production capacity owing to increased government support and the growth of the fishing sector in the country.
According to Sachin, Senior Research Analyst, 6Wresearch, Pellets are the most popular form of fish feed globally as they offer easy handling and are customizable to fit the needs of a particular species. However, the granules are expected to lead the Morocco Fish Feed Market Share owing to its better durability, improved digestibility, and a longer shelf life than other forms of feed.
By Application, the Commercial segment accounts for the highest share of Morocco fish feed market due to an increasing demand for seafood. Though the household application segment is relatively small, it is growing as the popularity of aquatic pets grows.
The report offers a comprehensive study of the subsequent market segments:
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 Morocco Fish Feed Market Overview |
3.1 Morocco Country Macro Economic Indicators |
3.2 Morocco Fish Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Morocco Fish Feed Market - Industry Life Cycle |
3.4 Morocco Fish Feed Market - Porter's Five Forces |
3.5 Morocco Fish Feed Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Morocco Fish Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Morocco Fish Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Morocco Fish Feed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Morocco Fish Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Morocco Fish Feed Market Trends |
6 Morocco Fish Feed Market, By Types |
6.1 Morocco Fish Feed Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Morocco Fish Feed Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Morocco Fish Feed Market Revenues & Volume, By Plant Based, 2021 - 2031F |
6.1.4 Morocco Fish Feed Market Revenues & Volume, By Fish & Fish Products, 2021 - 2031F |
6.1.5 Morocco Fish Feed Market Revenues & Volume, By Microorganism, 2021 - 2031F |
6.2 Morocco Fish Feed Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Morocco Fish Feed Market Revenues & Volume, By Pellet, 2021 - 2031F |
6.2.3 Morocco Fish Feed Market Revenues & Volume, By Granules, 2021 - 2031F |
6.2.4 Morocco Fish Feed Market Revenues & Volume, By Flakes, 2021 - 2031F |
6.2.5 Morocco Fish Feed Market Revenues & Volume, By Sticks, 2021 - 2031F |
6.2.6 Morocco Fish Feed Market Revenues & Volume, By Powder, 2021 - 2031F |
6.3 Morocco Fish Feed Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Morocco Fish Feed Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.3 Morocco Fish Feed Market Revenues & Volume, By Household, 2021 - 2031F |
6.4 Morocco Fish Feed Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Morocco Fish Feed Market Revenues & Volume, By B2B, 2021 - 2031F |
6.4.3 Morocco Fish Feed Market Revenues & Volume, By B2C, 2021 - 2031F |
7 Morocco Fish Feed Market Import-Export Trade Statistics |
7.1 Morocco Fish Feed Market Export to Major Countries |
7.2 Morocco Fish Feed Market Imports from Major Countries |
8 Morocco Fish Feed Market Key Performance Indicators |
9 Morocco Fish Feed Market - Opportunity Assessment |
9.1 Morocco Fish Feed Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Morocco Fish Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Morocco Fish Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Morocco Fish Feed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Morocco Fish Feed Market - Competitive Landscape |
10.1 Morocco Fish Feed Market Revenue Share, By Companies, 2024 |
10.2 Morocco Fish Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |