The North America Aquafeed Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Aquafeeds are produced meals for aquatic animals by combining a variety of additives and raw materials. These mixtures are made following the specific requirements of the animal's species and age. Due to its nutritive, immune-suppressing, and growth-promoting qualities, aquafeed has become essential to the aquaculture business. Due to their balanced and need-specific composition, high-quality aquafeed is significantly more advantageous to fish, mollusks, crabs, and other aquatic creatures than farm-made feed.
Any food provided to aquatic farm animals is referred to as aquafeed. To grow, fish both farmed and wild need a well-balanced combination of vital nutrients such as vitamins, fatty acids, and amino acids. Utilizing feed components that promote the aquaculture industry's sustainable growth and protect the special blend of nutrients required to maintain healthy fish and healthy individuals is a crucial aspect of sustainable aquaculture. In light of this, scientific study has significantly increased the sustainability and effectiveness of aquafeeds.
The aquaculture industry can deliver a plentiful, secure, and reasonably priced supply of seafood products, USDA is exercising leadership in this area. Scientists at the USDA support and carry out research to create novel aquaculture technologies and methods that preserve healthy aquatic environments, assess the health of aquatic animals, and educate consumers about the sustainability and healthfulness of ethical aquaculture production. The aquaculture research, instruction, and extension projects benefit rural communities by generating employment opportunities and preparing a competent workforce.
The production and nutrition of white worms were examined, as well as if the addition of enrichments altered the fatty acid composition of the worms, making them a more nutrient-dense meal, by researchers from UNH. They looked into the possibility that disease-carrying live white worms could damage aquaculture facilities. They provided roughly 250,000 white worms to sites across the United States in exchange for feedback on their experience with the worms. The researchers found that many fish, especially ornamental fish, effortlessly digest white worms because they are simple to grow, pathogen-free, abundant in protein, and fat. The market for decorative fish is growing in this area due to the hub of marine and ornamental fishes.
The US market dominated the North America Aquafeed Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15,785.5 Thousands by 2028. The Canada market is experiencing a CAGR of 6.5% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2022 - 2028).
Based on Form, the market is segmented into Dry, Moist and Wet. Based on Application, the market is segmented into Carp, Catfish, Salmon & Sea Bass, Rainbow Trout, Grouper, Crustaceans, Tilapia and Others. Based on Feed, the market is segmented into Grower Feed, Finisher Feed, Starter Feed and Brooder Feed. Based on Additives, the market is segmented into Amino Acids, Anti-parasitic, Enzymes, Probiotics & Prebiotics, Vitamins, Minerals & Feed Acidifiers, Antibiotics & Antioxidants and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Aquafeed Market is Predict to reach $84.8 Million by 2028, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nutreco N.V., Koninklijke DSM N.V. (Biomin GmbH), Charoen Pokphand Foods Public Company Limited, BENEO GmbH (Südzucker AG), Avanti feeds Limited, Cargill Corporation, Aller Aqua A/S, Alltech, Inc., and BioMar A/S (Schouw & Co.)
Scope of the Study
Market Segments Covered in the Report:
By Form
By Application
- Carp
- Catfish
- Salmon & Sea Bass
- Rainbow Trout
- Grouper
- Crustaceans
- Tilapia
- Others
By Feed
- Grower Feed
- Finisher Feed
- Starter Feed
- Brooder Feed
By Additives
- Amino Acids
- Anti-parasitic
- Enzymes, Probiotics & Prebiotics
- Vitamins, Minerals & Feed Acidifiers
- Antibiotics & Antioxidants
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Nutreco N.V.
- Koninklijke DSM N.V. (Biomin GmbH)
- Charoen Pokphand Foods Public Company Limited
- BENEO GmbH (Südzucker AG)
- Avanti feeds Limited
- Cargill Corporation
- Aller Aqua A/S
- Alltech, Inc.
- BioMar A/S (Schouw & Co.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Aquafeed Market, by Form
1.4.2 North America Aquafeed Market, by Application
1.4.3 North America Aquafeed Market, by Feed
1.4.4 North America Aquafeed Market, by Additives
1.4.5 North America Aquafeed Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2020, Mar – 2022, May) Leading Players
Chapter 4. North America Aquafeed Market by Form
4.1 North America Dry Market by Country
4.2 North America Moist Market by Country
4.3 North America Wet Market by Country
Chapter 5. North America Aquafeed Market by Application
5.1 North America Carp Market by Country
5.2 North America Catfish Market by Country
5.3 North America Salmon & Sea Bass Market by Country
5.4 North America Rainbow Trout Market by Country
5.5 North America Grouper Market by Country
5.6 North America Crustaceans Market by Country
5.7 North America Tilapia Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Aquafeed Market by Feed
6.1 North America Grower Feed Market by Country
6.2 North America Finisher Feed Market by Country
6.3 North America Starter Feed Market by Country
6.4 North America Brooder Feed Market by Country
Chapter 7. North America Aquafeed Market by Additives
7.1 North America Amino Acids Market by Country
7.2 North America Anti-parasitic Market by Country
7.3 North America Enzymes, Probiotics & Prebiotics Market by Country
7.4 North America Vitamins, Minerals & Feed Acidifiers Market by Country
7.5 North America Antibiotics & Antioxidants Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Aquafeed Market by Country
8.1 US Aquafeed Market
8.1.1 US Aquafeed Market by Form
8.1.2 US Aquafeed Market by Application
8.1.3 US Aquafeed Market by Feed
8.1.4 US Aquafeed Market by Additives
8.2 Canada Aquafeed Market
8.2.1 Canada Aquafeed Market by Form
8.2.2 Canada Aquafeed Market by Application
8.2.3 Canada Aquafeed Market by Feed
8.2.4 Canada Aquafeed Market by Additives
8.3 Mexico Aquafeed Market
8.3.1 Mexico Aquafeed Market by Form
8.3.2 Mexico Aquafeed Market by Application
8.3.3 Mexico Aquafeed Market by Feed
8.3.4 Mexico Aquafeed Market by Additives
8.4 Rest of North America Aquafeed Market
8.4.1 Rest of North America Aquafeed Market by Form
8.4.2 Rest of North America Aquafeed Market by Application
8.4.3 Rest of North America Aquafeed Market by Feed
8.4.4 Rest of North America Aquafeed Market by Additives
Chapter 9. Company Profiles
9.1 Nutreco N.V. (SHV Holdings)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Recent strategies and developments:
9.1.3.1 Partnerships, Collaborations, and Agreements:
9.1.3.2 Acquisition and Mergers:
9.2 Koninklijke DSM N.V. (Biomin GmbH)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.3 Charoen Pokphand Foods Public Company Limited
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.4 BENEO GmbH (Südzucker AG)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.5 Avanti Feeds Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.6 Cargill Corporation
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.7 Aller Aqua A/S
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.7.2.2 Acquisition and Mergers:
9.8 Alltech, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 BioMar A/S (Schouw & Co.)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Acquisition and Mergers:
TABLE 1 North America Aquafeed Market, 2018 - 2021, USD Thousands
TABLE 2 North America Aquafeed Market, 2022 - 2028, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Aquafeed Market
TABLE 4 Product Launches And Product Expansions– Aquafeed Market
TABLE 5 Acquisition and Mergers– Aquafeed Market
TABLE 6 North America Aquafeed Market by Form, 2018 - 2021, USD Thousands
TABLE 7 North America Aquafeed Market by Form, 2022 - 2028, USD Thousands
TABLE 8 North America Dry Market by Country, 2018 - 2021, USD Thousands
TABLE 9 North America Dry Market by Country, 2022 - 2028, USD Thousands
TABLE 10 North America Moist Market by Country, 2018 - 2021, USD Thousands
TABLE 11 North America Moist Market by Country, 2022 - 2028, USD Thousands
TABLE 12 North America Wet Market by Country, 2018 - 2021, USD Thousands
TABLE 13 North America Wet Market by Country, 2022 - 2028, USD Thousands
TABLE 14 North America Aquafeed Market by Application, 2018 - 2021, USD Thousands
TABLE 15 North America Aquafeed Market by Application, 2022 - 2028, USD Thousands
TABLE 16 North America Carp Market by Country, 2018 - 2021, USD Thousands
TABLE 17 North America Carp Market by Country, 2022 - 2028, USD Thousands
TABLE 18 North America Catfish Market by Country, 2018 - 2021, USD Thousands
TABLE 19 North America Catfish Market by Country, 2022 - 2028, USD Thousands
TABLE 20 North America Salmon & Sea Bass Market by Country, 2018 - 2021, USD Thousands
TABLE 21 North America Salmon & Sea Bass Market by Country, 2022 - 2028, USD Thousands
TABLE 22 North America Rainbow Trout Market by Country, 2018 - 2021, USD Thousands
TABLE 23 North America Rainbow Trout Market by Country, 2022 - 2028, USD Thousands
TABLE 24 North America Grouper Market by Country, 2018 - 2021, USD Thousands
TABLE 25 North America Grouper Market by Country, 2022 - 2028, USD Thousands
TABLE 26 North America Crustaceans Market by Country, 2018 - 2021, USD Thousands
TABLE 27 North America Crustaceans Market by Country, 2022 - 2028, USD Thousands
TABLE 28 North America Tilapia Market by Country, 2018 - 2021, USD Thousands
TABLE 29 North America Tilapia Market by Country, 2022 - 2028, USD Thousands
TABLE 30 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 31 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 32 North America Aquafeed Market by Feed, 2018 - 2021, USD Thousands
TABLE 33 North America Aquafeed Market by Feed, 2022 - 2028, USD Thousands
TABLE 34 North America Grower Feed Market by Country, 2018 - 2021, USD Thousands
TABLE 35 North America Grower Feed Market by Country, 2022 - 2028, USD Thousands
TABLE 36 North America Finisher Feed Market by Country, 2018 - 2021, USD Thousands
TABLE 37 North America Finisher Feed Market by Country, 2022 - 2028, USD Thousands
TABLE 38 North America Starter Feed Market by Country, 2018 - 2021, USD Thousands
TABLE 39 North America Starter Feed Market by Country, 2022 - 2028, USD Thousands
TABLE 40 North America Brooder Feed Market by Country, 2018 - 2021, USD Thousands
TABLE 41 North America Brooder Feed Market by Country, 2022 - 2028, USD Thousands
TABLE 42 North America Aquafeed Market by Additives, 2018 - 2021, USD Thousands
TABLE 43 North America Aquafeed Market by Additives, 2022 - 2028, USD Thousands
TABLE 44 North America Amino Acids Market by Country, 2018 - 2021, USD Thousands
TABLE 45 North America Amino Acids Market by Country, 2022 - 2028, USD Thousands
TABLE 46 North America Anti-parasitic Market by Country, 2018 - 2021, USD Thousands
TABLE 47 North America Anti-parasitic Market by Country, 2022 - 2028, USD Thousands
TABLE 48 North America Enzymes, Probiotics & Prebiotics Market by Country, 2018 - 2021, USD Thousands
TABLE 49 North America Enzymes, Probiotics & Prebiotics Market by Country, 2022 - 2028, USD Thousands
TABLE 50 North America Vitamins, Minerals & Feed Acidifiers Market by Country, 2018 - 2021, USD Thousands
TABLE 51 North America Vitamins, Minerals & Feed Acidifiers Market by Country, 2022 - 2028, USD Thousands
TABLE 52 North America Antibiotics & Antioxidants Market by Country, 2018 - 2021, USD Thousands
TABLE 53 North America Antibiotics & Antioxidants Market by Country, 2022 - 2028, USD Thousands
TABLE 54 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 55 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 56 North America Aquafeed Market by Country, 2018 - 2021, USD Thousands
TABLE 57 North America Aquafeed Market by Country, 2022 - 2028, USD Thousands
TABLE 58 US Aquafeed Market, 2018 - 2021, USD Thousands
TABLE 59 US Aquafeed Market, 2022 - 2028, USD Thousands
TABLE 60 US Aquafeed Market by Form, 2018 - 2021, USD Thousands
TABLE 61 US Aquafeed Market by Form, 2022 - 2028, USD Thousands
TABLE 62 US Aquafeed Market by Application, 2018 - 2021, USD Thousands
TABLE 63 US Aquafeed Market by Application, 2022 - 2028, USD Thousands
TABLE 64 US Aquafeed Market by Feed, 2018 - 2021, USD Thousands
TABLE 65 US Aquafeed Market by Feed, 2022 - 2028, USD Thousands
TABLE 66 US Aquafeed Market by Additives, 2018 - 2021, USD Thousands
TABLE 67 US Aquafeed Market by Additives, 2022 - 2028, USD Thousands
TABLE 68 Canada Aquafeed Market, 2018 - 2021, USD Thousands
TABLE 69 Canada Aquafeed Market, 2022 - 2028, USD Thousands
TABLE 70 Canada Aquafeed Market by Form, 2018 - 2021, USD Thousands
TABLE 71 Canada Aquafeed Market by Form, 2022 - 2028, USD Thousands
TABLE 72 Canada Aquafeed Market by Application, 2018 - 2021, USD Thousands
TABLE 73 Canada Aquafeed Market by Application, 2022 - 2028, USD Thousands
TABLE 74 Canada Aquafeed Market by Feed, 2018 - 2021, USD Thousands
TABLE 75 Canada Aquafeed Market by Feed, 2022 - 2028, USD Thousands
TABLE 76 Canada Aquafeed Market by Additives, 2018 - 2021, USD Thousands
TABLE 77 Canada Aquafeed Market by Additives, 2022 - 2028, USD Thousands
TABLE 78 Mexico Aquafeed Market, 2018 - 2021, USD Thousands
TABLE 79 Mexico Aquafeed Market, 2022 - 2028, USD Thousands
TABLE 80 Mexico Aquafeed Market by Form, 2018 - 2021, USD Thousands
TABLE 81 Mexico Aquafeed Market by Form, 2022 - 2028, USD Thousands
TABLE 82 Mexico Aquafeed Market by Application, 2018 - 2021, USD Thousands
TABLE 83 Mexico Aquafeed Market by Application, 2022 - 2028, USD Thousands
TABLE 84 Mexico Aquafeed Market by Feed, 2018 - 2021, USD Thousands
TABLE 85 Mexico Aquafeed Market by Feed, 2022 - 2028, USD Thousands
TABLE 86 Mexico Aquafeed Market by Additives, 2018 - 2021, USD Thousands
TABLE 87 Mexico Aquafeed Market by Additives, 2022 - 2028, USD Thousands
TABLE 88 Rest of North America Aquafeed Market, 2018 - 2021, USD Thousands
TABLE 89 Rest of North America Aquafeed Market, 2022 - 2028, USD Thousands
TABLE 90 Rest of North America Aquafeed Market by Form, 2018 - 2021, USD Thousands
TABLE 91 Rest of North America Aquafeed Market by Form, 2022 - 2028, USD Thousands
TABLE 92 Rest of North America Aquafeed Market by Application, 2018 - 2021, USD Thousands
TABLE 93 Rest of North America Aquafeed Market by Application, 2022 - 2028, USD Thousands
TABLE 94 Rest of North America Aquafeed Market by Feed, 2018 - 2021, USD Thousands
TABLE 95 Rest of North America Aquafeed Market by Feed, 2022 - 2028, USD Thousands
TABLE 96 Rest of North America Aquafeed Market by Additives, 2018 - 2021, USD Thousands
TABLE 97 Rest of North America Aquafeed Market by Additives, 2022 - 2028, USD Thousands
TABLE 98 Key Information – Nutreco N.V.
TABLE 99 Key Information – Koninklijke DSM N.V.
TABLE 100 Key Information – Charoen Pokphand Foods Public Company Limited
TABLE 101 Key Information – BENEO GmbH
TABLE 102 Key Information – Avanti Feeds Limited
TABLE 103 Key Information – Cargill Corporation
TABLE 104 Key Information – Aller Aqua A/S
TABLE 105 Key Information – Alltech, Inc.
TABLE 106 Key Information – BioMar A/S
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, collabortions and agreements : 2020, mar – 2022, may) Leading Players
FIG 5 Recent strategies and developments: Nutreco N.V.
FIG 6 Recent strategies and developments: Cargill Corporation
FIG 7 Recent strategies and developments: Aller Aqua A/S
FIG 8 Recent strategies and developments: Alltech, Inc.
FIG 9 Recent strategies and developments: BioMar A/S