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North America aqua feed market Size to reach USD 10.08 billion by 2030, driven by Aquaculture Expansion and Rising Fish Consumption
North America Aqua Feed Market Overview
The North America aqua feed market is expanding steadily as aquaculture strengthens its role in regional food systems and protein supply chains. According to Mordor Intelligence, the North America aqua feed market size is estimated at USD 8.49 billion in 2025 and is expected to reach USD 10.08 billion by 2030, growing at a CAGR of 3.5% during the forecast period (2025–2030).
Aquafeed consists of specialized compound formulations designed to meet the nutritional needs of aquatic species across different life stages. Compared to farm-made feed, commercial aquafeed provides balanced nutrition, immune support, and improved growth performance, making it essential for modern aquaculture systems. These factors continue to support the growth of the North America aqua feed market, particularly in finfish, shellfish, and crustacean farming.
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Key Trends Shaping the North America Aqua Feed Market
Rising Aquaculture Production Driving Feed Demand
One of the most influential North America aqua feed market trends is the expansion of aquaculture production across the United States and Canada. Increasing population, higher incomes, and growing awareness of seafood’s health benefits are driving aquaculture investment. Canada’s finfish production value rose from USD 708.8 million in 2020 to USD 835.5 million in 2023, reflecting strengthening demand for high-quality aquafeed inputs.
Growing Fish Consumption Supporting Market Expansion
Rising seafood consumption is directly influencing the North America aqua feed market share. In the United States, per capita seafood consumption increased by 30% over the past two decades, reaching 9.2 kg per person in 2023. Improved availability of fish varieties and recognition of health benefits such as cardiovascular support and cognitive development are reinforcing long-term demand for aquaculture products and, in turn, aquafeed.
U.S. Dominates the North America Aqua Feed Market
The United States holds a dominant North America aqua feed market share, supported by a well-established aquaculture industry and rising domestic seafood demand. The country’s aquaculture sector focuses on species such as catfish, trout, tilapia, salmon, and cyprinids.
Bivalve mollusks, including oysters, clams, and mussels, account for nearly 80% of U.S. marine aquaculture production, while salmon and shrimp form most of the remainder. Rising aquaculture exports also support feed demand, with U.S. live fish exports increasing from 5,457 metric tons in 2021 to 6,525 metric tons in 2023. These trends continue to reinforce the North America aqua feed market forecast for steady expansion.
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Competitive Landscape and North America Aqua Feed Industry Leaders
The North America aqua feed market is fragmented, with both global and regional players competing through partnerships, capacity expansion, acquisitions, and innovation. Companies are investing heavily in R&D to develop high-performance feed formulations that improve feed conversion ratios, fish health, and sustainability outcomes.
Key Industry Leaders
- Alltech Inc.
- Cargill, Incorporated
- Adisseo
- Wilbur-Ellis Nutrition, LLC
- SHV (Nutreco)
North America Aqua Feed Market Forecast and Outlook
The North America aqua feed market forecast indicates stable growth through 2030, supported by expanding aquaculture production, rising fish consumption, and government-backed initiatives. While raw material price volatility remains a challenge, continued investment in nutrition science, alternative ingredients, and efficient feed formulations is expected to mitigate cost pressures.
Overall, the North America aqua feed market is positioned for sustained, efficiency-driven growth as aquaculture continues to evolve into a critical pillar of regional food security and protein supply.
Explore related reports from Mordor Intelligence
Aquafeed Market - https://www.mordorintelligence.com/industry-reports/global-aquafeed-market-industry?utm_source=Industrytoday
Europe Aquafeed Market - https://www.mordorintelligence.com/industry-reports/european-aqua-feed-market?utm_source=Industrytoday
Asia-Pacific Aqua Feed Market - https://www.mordorintelligence.com/industry-reports/asia-pacific-aqua-feed-market?utm_source=Industrytoday
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