The North American fish feed market was valued at USD 69.62 billion in 2024 and is anticipated to reach USD 76.53 billion in 2025 from USD 163.09 billion by 2033, growing at a CAGR of 9.92% during the forecast period from 2025 to 2033.
Fish Feed is an important part of modern commercial aquaculture, providing the balanced nutrition needed by farmed fish. The feeds, in the form of pellets or granules, provide nutrition in a concentrated and stable form, enabling the fish to feed efficiently and grow at their full potential.
Traditionally two of the most important ingredients have been fishing oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability.
The driving factors of the North American fish feed market are population growth, rising income, and rapid urbanization, which is facilitated by the strong expansion of fish production and more efficient distribution channels.
The yield which is obtained from the wild catch cannot be increased sustainably, therefore, in the opinion of observers such as the Food and Agriculture Organization of the United Nations, aquaculture must fill the gap.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2024 to 2033 |
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Base Year |
2024 |
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Forecast Period |
2025 to 2033 |
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CAGR |
9.92% |
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Segments Covered |
Ingredient, Additive, End-User, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
United States, Canada, Mexico |
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Market Leaders Profiled |
Ridley Corporation Limited, Archer Daniels Midland Company, Nutreco N.V., Cargill, Avanti Feeds Limited, Purina Animal Nutrition, Biostadt India Limited, Alltech, Nutriad, and Biomar, among others. |
Some of the major players in the market are Ridley Corporation Limited, Archer Daniels Midland Company, Nutreco N.V, Cargill, Avanti Feeds Limited, Purina Animal Nutrition, Biostadt India Limited, Alltech, Nutriad, and Biomar among others.
This research report on the North American aquarium fish feed market is segmented and sub-segmented into the following categories.
By Country
Frequently Asked Questions
Increased demand for seafood, rising aquaculture activities, and a focus on high-protein diets are the key drivers.
Pellets, flakes, and granules are the most commonly used, with pellets dominating due to ease of use and nutrition.
Fishmeal, fish oil, soybean meal, corn gluten, and wheat are primary ingredients, often mixed with vitamins and minerals.
Key players include Cargill, Skretting, Alltech, BioMar Group, and Archer Daniels Midland Company.
Challenges include high raw material costs, environmental concerns, and regulatory pressures on sustainable practices.
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