North America Aqua Feed Market Trends

Statistics for the 2023 & 2024 North America Aqua Feed market trends, created by Mordor Intelligence™ Industry Reports. North America Aqua Feed trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Corporate License

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Market Trends of North America Aqua Feed Industry

This section covers the major market trends shaping the North American Aqua Feed Market according to our research experts:

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

North America Aquafeed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)