Press Release

United States Aquafeed Market to Grow with a CAGR of 7.02% through 2029

Expansion of aquaculture facilities & production and expansion of plant-based aquafeed solutions is expected to drive the United States Aquafeed Market growth in the forecast period, 2025-2029. 

According to TechSci Research report, “United States Aquafeed Market –Industry Size, Share, Trends, Competition Forecast & Opportunities, 2019-2029F”, the United States Aquafeed Market stood at USD 1.74 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 7.02% through 2029. The United States Aquafeed market is primarily driven by several key factors. The increasing demand for seafood coupled with the burgeoning aquaculture industry across the country is a significant driver. Advancements in aquafeed manufacturing technologies and the formulation of specialized diets for different fish species have also enhanced the growth of this market.

The rise in fish farming and the implementation of sustainable farming practices are contributing to the expansion of the aquafeed market in the United States. Government initiatives supporting the aquaculture industry play a crucial role in the market's growth.

The United States aquafeed market has been witnessing a steady growth over the past decade. As the demand for seafood increases, the need for high-quality feed for aquaculture species also surges. Aquafeed is a compounded meal that is prepared specifically for aquatic animals, with the objective of maximizing their overall growth and reducing the spread of diseases amongst them. It is a vital component in modern aquaculture, providing the nutrition necessary for optimum growth of aquatic organisms. The key ingredients include corn, soybean, fishmeal, fish oil, and additives such as vitamins and minerals.

In the United States, the aquafeed market is driven by factors such as the rise in fish consumption, an increase in fish farming, and a surge in demand for fish oil. The advancements in aquafeed products and the development of new farming practices have added a new dimension to the market. The proliferation of R&D in the aquafeed sector has led to the production of feeds that are not only nutritionally complete but also cater to the specific dietary needs of different species. Companies are focusing on developing innovative products that enhance the taste and texture of the feed, leading to an increase in its acceptance among various species.

The market, however, faces challenges such as the fluctuation in the prices of raw materials, stringent regulations associated with the inclusion of certain ingredients, and environmental concerns related to aquaculture practices. Despite these hindrances, the market is expected to maintain its growth momentum, backed by the rising popularity of seafood as a healthy protein source and the introduction of more sustainable farming and feeding practices.

The U.S. aquafeed market is highly competitive with several international and local players. To gain a competitive edge, these companies are adopting strategies such as mergers and acquisitions, product launches, and collaborations. This is steadily driving the industry towards consolidation, with larger players acquiring smaller firms to expand their product portfolios and market reach. The United States aquafeed market is a dynamic and rapidly evolving field, with significant growth potential. Despite the challenges, the market is poised for further expansion due to the increasing demand for seafood and the ongoing innovations in the aquafeed industry. A deeper understanding of the market dynamics coupled with strategic actions can help stakeholders capitalize on the opportunities that this market presents.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "United States Aquafeed Market

The United States Aquafeed Market is segmented into ingredients, additives, species, form, lifecycle, regional distribution, and company.

Based on form, the Wet Form of aquafeed has established its dominance in the United States market, due to its exceptional qualities and numerous benefits. Renowned for its easy digestibility, high nutritional value, and superior palatability, it has become the preferred choice for aquaculture farmers nationwide. The carefully balanced moisture content of this aquafeed not only enhances the taste but also plays a crucial role in promoting optimal growth and overall health in aquatic species. By providing a well-rounded composition of essential nutrients, vitamins, and minerals, the Wet Form aquafeed ensures the well-being and productivity of aquaculture operations, thereby contributing to the sustainability and prosperity of the industry. With its proven track record of supporting healthy aquatic ecosystems and fostering thriving fish populations, the Wet Form aquafeed continues to be a trusted and reliable choice for aquaculture professionals across the country.

Based on region, the Midwest region of the United States has emerged as a dominant force in the aquafeed market, owing to a host of compelling factors. The region is blessed with a profusion of freshwater bodies and aquaculture facilities, which not only facilitate the local production of fish and seafood but also ensure a steady supply of high-quality ingredients for aquafeed formulations. The Midwest's thriving agricultural sector acts as a vital backbone for the aquafeed industry, as it provides an abundance of raw materials such as grains, oilseeds, and protein sources that form the foundation of nutritious and sustainable aquafeed. The region's well-established and efficient infrastructure plays a pivotal role in facilitating seamless distribution and supply chains, enabling timely and cost-effective delivery of aquafeed products to various markets. With its unique combination of natural resources, agricultural prowess, and robust logistical capabilities, the Midwest continues to solidify its position as a powerhouse in the ever-growing aquafeed market.

Major companies operating in the United States Aquafeed Market are:

  • Archer-Daniels-Midland Company
  • Ridley USA Inc.
  • Cargill Animal Nutrition (Cargill, Inc.)
  • Nutreco USA Inc.
  • Alltech Inc.
  • Adisseo USA INC.
  • Novus International Inc.
  • Skretting USA
  • Purina Mills, LLC
  • C.P. Food Products, Inc.


Download Free Sample Report

Customers can also request 10% free customization on this report

“The future of the United States Aquafeed Market appears promising, with potential growth driven by a host of factors. The escalating demand for seafood, driven by the increasing global population and changing dietary preferences, coupled with the proliferation of aquaculture activities, is expected to propel the market forward. In addition to the rising demand, advancements in feed ingredients and feed formulation, such as the incorporation of sustainable protein sources and improved nutrient profiles, are further strengthening this growth trajectory. These innovations aim to not only increase fish productivity but also minimize the environmental impact of aquaculture operations, ensuring sustainable and responsible practices. As a result, the United States Aquafeed Market is poised for significant growth in the coming years, offering lucrative opportunities for industry players and contributing to the overall development of the aquaculture sector.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

United States Aquafeed Market By Ingredient (Soybean, Fish Meal, Corn, Fish Oil, Additives, Others), By Additives (Amino Acids, Vitamins & Minerals, Prebiotics & Probiotics, Enzymes, Antibiotics, Other), By Species (Fish, Crustaceans, Molluscs, Other), By Form (Dry Form, Wet Form, Moist Form), By Lifecycle (Grower feed, Finisher feed, Starter feed, Brooder feed), By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of United States Aquafeed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Aquafeed Market.



TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]


Relevant News