North America Aqua Feed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The North America Aqua Feed Market is Segmented by Species Type (Fish Feed, Mollusk Feed, Crustacean Feed, and Other Aquafeed), Ingredients (Cereals, Cereal By-products, Fishmeal, Supplements, and Other Ingredients) and Geography (the United States, Canada, and Rest of North America)

Home Industry Reports Animal Nutrition & Wellness North America Aqua Feed Market - Growth, Trends, COVID-19 Impact, and Forecasts ...

Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 6.9 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

North America's aquafeed market is estimated to register a CAGR of 6.9% during the forecast period (2020 - 2025). Aquaculture production in the North American countries such as the United States and Canada is relatively small but has been continuously growing for a decade. The increasing aquaculture and the demand for seafood are the major drivers of the market in North America. Owing to the limited availability of marine feed resources and the growing demand for fish, the fish farming trend is expected to increase, thus opening up an opportunity for the aquafeed market.

Scope of the report

Aqua feed is available in the form of pellets, granules, and powders, The North America aqua feed market report presents an in-depth view of the market size, driving factors, competitive landscape, and future opportunities. The market is segmented by species type, by ingredients and geography.

By Animal Type
Fish Feed
Mollusk Feed
Crustacean Feed
Other Aqua Feed
Ingredients
Cereals
Cereal By Products
Fishmeal
Supplements
Other Ingredients
Geography
United States
Canada
Rest of North America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Rising Aquaculture Production Drives the Market

The aquaculture industry in North American countries such as the United States and Canada has become well established over the last 35 years. The demand for seafood is the prime reason for such steady growth of aquaculture in the region. The United States and Canda are the leading countries in terms of Aquaculture production and seafood demand in North America. Per capita seafood consumption in the United States was recorded as 6.8 Kg in 2016, increasing to 7.2 Kg in 2018. Therefore, increasing seafood consumption demand has been stimulating the aquaculture production in the region, which in turn boosting the Aquafeed market.

North America Aqua Feed Market

The United States Dominates the Market

The United States holds a major share of the aquafeed market in North America. Well developed aquaculture industry coupled with rising seafood demand are the prime reasons for the country's domination. The aquaculture industry in the United States generated 283 million Kg of produce which is worth USD 1.4 billion in 2017. The aquafeed market is anticipated to accelerate at a rapid rate in the near future as the aquaculture production has been increasing at a prominent rate in the country.

North America Aqua Feed Market: Aquaculture production value, USD Million, United States, 2015 - 2017

Competitive Landscape

The North America aquafeed market is highly fragmented with global and regional players in the market. New product launches, partnerships, and expansions are some of the major strategies adopted by these players to strengthen their brand image and increase their sales. Nutreco N.V., Alltech, Cargill, and adisseo are the top players of the region.

Major Players

  1. Nutreco N.V.

  2. Alltech Inc.

  3. Cargill, Incorporated.

  4. Adisseo

  5. Wilbur-Ellis Nutrition, LLC

north america_aquafeed market_CL.PNG

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Animal Type

      1. 5.1.1 Fish Feed

      2. 5.1.2 Mollusk Feed

      3. 5.1.3 Crustacean Feed

      4. 5.1.4 Other Aqua Feed

    2. 5.2 Ingredients

      1. 5.2.1 Cereals

      2. 5.2.2 Cereal By Products

      3. 5.2.3 Fishmeal

      4. 5.2.4 Supplements

      5. 5.2.5 Other Ingredients

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Adisseo

      2. 6.3.2 Alltech Inc

      3. 6.3.3 ADM Animal Nutrition

      4. 6.3.4 Cargill Inc

      5. 6.3.5 Wilbur-Ellis Nutrition, LLC

      6. 6.3.6 Norel Animal Nutrition

      7. 6.3.7 Purina Animal Nutrition LLC.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The North America Aqua Feed Market market is studied from 2016 - 2026.

The North America Aqua Feed Market is growing at a CAGR of 6.9% over the next 5 years.

Nutreco N.V., Alltech Inc., Cargill, Incorporated., Adisseo, Wilbur-Ellis Nutrition, LLC are the major companies operating in North America Aqua Feed Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!