The aquaculture industry is growing quickly due to increased fish consumption and a decline in wild fish catch. About half of the world's seafood demand for human consumption is now met by farmed seafood. The aquafeed market is expanding along with the aquaculture sector. Some of the elements in shrimp feed are derived from terrestrial plants and low-value forage fishes (fish meal). It is impossible to produce more fish meals since doing so would harm the ocean's environment and sustainability. The reduction in shrimp feed cost can also be done by introducing low-cost, environment-friendly ingredients in shrimp feed formulation. Therefore, new and ecologically friendly shrimp (Litopenaeus vannamei) feed component sources must be created. Live food organisms are a preferable option for this since they provide a variety of essential amino acids and beneficial triglycerides like fat, vitamins, and colors in their cell metabolites. Microalgae biomasses also represent feasible ingredients for shrimp feed sources. Their distinctive variety of bioactive chemicals can enhance color and pellet quality, act as a bulk element in shrimp feed, and boost the viability of farmed species. Live food organisms have a great economic potential since they have the highest biomass productivity of all photosynthetic organisms. In addition to giving farmers and exporters a better choice for feeding their fish, the availability of on-grown live food would also open up the prospect of improving the performance and quality of the fish and shrimp through bioencapsulation. This review study examines the possibility of generating natural food biomass as a component in shrimp feed.