US Aquafeed Market Research Report By Aquatic Species (Carps, Molluscs, Shrimps, Crustaceans, Catfish, Trouts, Others) - Forecast to 2035

US Aquafeed Market Overview

US Aquafeed Market Size was estimated at 8.13 (USD Billion) in 2023. The US Aquafeed Market Industry is expected to grow from 8.65(USD Billion) in 2024 to 18.5 (USD Billion) by 2035. The US Aquafeed Market CAGR (growth rate) is expected to be around 7.155% during the forecast period (2025 - 2035).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key US Aquafeed Market Trends Highlighted

The US Aquafeed Market is experiencing notable trends driven by various factors. One key market driver is the increasing consumption of seafood among American consumers, leading to greater demand for sustainable aquaculture practices. This has prompted fish farmers to look for high-quality, nutritionally balanced feed to enhance production efficiency and ensure the health of the fish. Furthermore, stricter regulations regarding the use of antibiotics in aquaculture have spurred the development of alternative feed ingredients, such as plant-based proteins and natural additives, which align with the trend towards cleaner and more environmentally friendly production methods.Opportunities for growth in the US Aquafeed Market lie within innovations in feed formulation and technology. The rise of alternative protein sources, including insect meal and algae, offers potential for sustainable aquafeed development, capturing the attention of new entrants in the market. Additionally, collaborations between aquaculture producers and research institutions could accelerate advancements in feed efficiency and nutrient utilization, catering to the growing awareness around sustainability among both producers and consumers. Recent trends in the marketplace also reflect a shift towards precision nutrition, where fish feed is tailored to the specific needs of different species and life stages, improving overall farm productivity.Moreover, there is a noticeable increase in the adoption of digital technologies for monitoring and optimizing feed use, allowing farmers to make data-driven decisions. As aquaculture continues to grow in the US, these trends signify a movement towards innovative, sustainable practices that align with consumer preferences and environmental considerations.

US Aquafeed Market Drivers

Increasing Demand for Sustainable Aquaculture Practices

The US Aquafeed Market Industry is experiencing a significant shift towards sustainable aquaculture practices, driven by rising consumer awareness regarding environmental impacts. According to the United States Department of Agriculture, aquaculture in the US has seen a growth in sustainably sourced seafood, with aquaculture production increasing by 20% over the past decade. This trend is further supported by organizations such as the Marine Stewardship Council advocating for responsible fishing and feed usage, thereby enhancing the demand for aquafeed that adheres to sustainable practices.With consumers prioritizing eco-friendly food sources, the aquafeed industry is expected to see robust growth as producers seek ways to meet this demand, ensuring compliance with sustainability certifications which plays a crucial role in maintaining market integrity and appeal.

Technological Advancements in Aquafeed Production

Advancements in Research and Development (R&D) related to aquafeed formulations and production processes contribute significantly to the growth of the US Aquafeed Market Industry. Innovations in feed efficiency and ingredient sourcing have shown that feed can lead to 20% less waste when optimized, according to studies from the Food and Agriculture Organization of the United Nations. Major companies in the sector, such as Cargill and Nutreco, are investing substantially in R&D to improve feed conversion ratios and overall aquaculture yield, allowing for better economic returns for producers while addressing sustainability challenges associated with aquafeeding.

Government Support and Regulatory Framework

The US government actively supports the aquaculture sector through funding and favorable policies which directly impact the US Aquafeed Market Industry. The National Oceanic and Atmospheric Administration indicates that federal support for aquaculture reached approximately 25 million USD in recent years aimed at promoting seafood production. Such financial assistance enables innovations in aquafeed production and encourages new entrants into the market.Additionally, regulatory frameworks are being developed to streamline aquaculture processes, making it easier for businesses to thrive, which subsequently drives the growth of the aquafeed market.

Health Benefits Associated with Fish Consumption

There is an increasing recognition of the health benefits linked to fish consumption, including high protein content and essential omega-3 fatty acids, which contributes positively to the US Aquafeed Market Industry. The American Heart Association promotes diet diversity, recommending fish consumption at least twice a week, leading to a reported 35% increase in fish sales over the last decade according to USDA data. With heightened consumer interest in nutrition and healthy diets, coupled with the role of aquafeed in cultivating nutritious seafood, the demand for high-quality aquafeeds is poised for continued growth in the US.

US Aquafeed Market Segment Insights

Aquafeed Market Aquatic Species Insights

The Aquatic Species segment within the US Aquafeed Market has been a critical driver of growth and innovation in aquaculture. With the consumption of seafood steadily rising in the United States, the focus on efficient and high-quality aquafeed is crucial for sustainable fish farming and health-oriented diets. The segment encompasses several important groups such as Carps, Molluscs, Shrimps, Crustaceans, Catfish, Trouts, and others, each contributing to the overall diversity and richness of aquaculture practices. Carps, for example, are often considered a staple in aquaculture due to their adaptability and growth rates, making them a favorite among fishery operations.Molluscs are pivotal for seafood markets due to their nutritional value and are supported by growing consumer preferences for shellfish, which provide significant opportunities for aquafeed innovations. Shrimps, as one of the most popular seafood choices, have witnessed increasing production, necessitating specialized aquafeed formulations to promote faster growth and disease resistance. Crustaceans, including lobsters and crabs, require high-protein feeds that cater to their specific dietary needs and have a significant market presence because of their premium pricing.Catfish farming is also vital, particularly in the southern regions of the US, where they are widely cultivated and have robust market demand. Trouts, preferred for their delicate flavor, are another major contributor to the market, with efficient feeding strategies needed to enhance yield in both freshwater and marine environments. The diversity within the Aquatic Species segment leads to an expanding array of feed formulations tailored to meet the nutritional requirements specific to each species, thus fostering advancements in aquafeed technology and practices.Furthermore, with the increasing awareness of aquaculture sustainability, the focus on using eco-friendly ingredients and improvements in feed conversion ratios has become paramount. The segment is well-positioned to adapt to changing consumer demands and environmental regulations, which are expected to further enhance the growth of the US Aquafeed Market as industries strive to meet both profitability and sustainability goals. Additionally, the growing interest in aquaponics and integrated aquaculture systems is providing new avenues for research and development within this segment, leading to innovative feed solutions that are beneficial not only to aquaculture producers but also for the environment.This multifaceted approach in managing aquatic species indicates a vibrant future landscape for the US Aquafeed Market's Aquatic Species segment, aligning with broader trends in health-conscious eating and sustainable practices in food production. As aquaculture practices evolve, the importance of this segment will only become more pronounced, driving investments and fostering advancements aimed at meeting the burgeoning demand for seafood in a responsible manner.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Aquafeed Market Key Players and Competitive Insights:

The US Aquafeed Market has evolved significantly over the past few years, driven by a rising awareness of sustainable protein sources and the growing demand for aquaculture products. As the aquaculture industry faces increasing pressures from environmental regulations and a shifting consumer landscape, companies within this market have had to innovate and adapt their strategies. Competitive insights in this arena reveal a landscape characterized by a few key players who are not only competing on product offerings but are also focused on sustainability, quality, and localized solutions. The engagement of these companies in research and development efforts, alongside their strategic partnerships, plays a crucial role in defining their market positions and capturing the attention of aquaculture producers across the United States.Omega Protein has established a strong foothold in the US Aquafeed Market due to its commitment to high-quality fish meal and fish oil products that serve as essential nutritional components for aquaculture. This company leverages its extensive expertise in the fishing industry, ensuring optimal sourcing and processing of marine-based ingredients. Omega Protein's strength lies in its deep integration across the supply chain, allowing for efficient production processes and consistent product availability. Moreover, the company has invested significantly in sustainability initiatives, aligning its production practices with the growing consumer demand for eco-friendly options. Their reputation for reliability and quality, coupled with a strong distribution network, positions Omega Protein as a trusted supplier in the aquafeed sector, contributing to the overall growth of the aquaculture industry in the United States.Biomar is another noteworthy player in the US Aquafeed Market, recognized for its innovative and tailored nutritional solutions for aquaculture. The company's product portfolio includes specialized feeds designed for various species, ensuring that the nutritional needs of fish and shrimp are met effectively. Biomar's presence in the US market is highlighted by its strong emphasis on research and development, enabling it to create feeds that optimize growth performance while addressing environmental sustainability. The firm has also been active in forging partnerships and cooperative ventures, allowing for enhanced product offerings and entry into new segments. With a focus on quality and sustainability, Biomar has made strides in expanding its market share through strategic mergers and acquisitions, enhancing its reach and capability in providing cutting-edge aquafeed products tailored for the unique demands of the US aquaculture market.

Key Companies in the US Aquafeed Market Include:

• Omega Protein


• Biomar


• Royal DSM


• Skretting


• BASF


• Alltech


• Chr. Hansen


• Evonik Industries


• Ziegler Bros


• Pond Biotech


• Cargill


• Archer Daniels Midland Company


• Nutreco


• Ridley Corporation


• Mowi

US Aquafeed Market Industry Developments

The US Aquafeed Market has been experiencing significant developments, particularly with notable growth in product demand due to increasing aquaculture practices. Companies such as Omega Protein, Cargill, and Alltech have been focusing on innovative feed solutions to meet the diverse nutritional requirements of farmed fish. In September 2023, an increase in market valuation was observed mainly driven by the rising consumer demand for seafood and sustainable aquaculture practices. There have also been significant mergers and acquisitions in this space, notably Biomar's acquisition of a regional aquafeed company in May 2023, enhancing its portfolio in protein sources. Skretting launched a new line of feed in July 2023 aimed at improving fish health and feed efficiency. Moreover, advancements by companies like Chr. Hansen and Evonik Industries in probiotic formulations have led to better feed conversion ratios, benefiting the industry overall. As of 2022, the US aquaculture segment reported a growth rate of 5%, prompting major players like Nutreco and BASF to invest in research and development initiatives. Overall, the US Aquafeed Market is poised for further advancements driven by sustainability and innovation.

US Aquafeed Market Segmentation Insights

Aquafeed Market Aquatic Species Outlook

• Carps


• Molluscs


• Shrimps


• Crustaceans


• Catfish


• Trouts


• Others

Report Scope

Report Attribute/Metric Source	Details
MARKET SIZE 2018	8.13(USD Billion)
MARKET SIZE 2024	8.65(USD Billion)
MARKET SIZE 2035	18.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	7.155% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Omega Protein, Biomar, Royal DSM, Skretting, BASF, Alltech, Chr. Hansen, Evonik Industries, Ziegler Bros, Pond Biotech, Cargill, Archer Daniels Midland Company, Nutreco, Ridley Corporation, Mowi
SEGMENTS COVERED	Aquatic Species
KEY MARKET OPPORTUNITIES	Sustainable feed ingredients demand, Growth in seafood consumption, Innovations in feed formulations, Increased aquaculture production, Regulatory support for aquaculture expansion
KEY MARKET DYNAMICS	sustainable sourcing, rising aquaculture demand, regulatory compliance, feed efficiency improvements, ingredient cost fluctuations
COUNTRIES COVERED	US