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North America Aquafeed Market By End Use (Fish-Carp, Salmon, Tilapia, Catfish, And Others; Mollusks-Oyster, Mussel, And Others; Crustaceans-Shrimp, Crab, And Others), By Additives (Vitamins, Minerals, Antioxidants, Amino Acids, Enzymes, Acidifiers, Binders), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: January, 2022
ID: 605
Pages: 145

North America Aquafeed Market Size, Growth, Trends, and Forecast:

North America Aquafeed Market was worth $38.33 billion in 2021 and estimated to be growing at a CAGR of 9.80%, to reach $61.18 billion by 2026. Aquafeed delivers the required nutrition for aquatic animals. Aquafeed is generally in the form of granules or pellets. They provide nutrition in a steady and concentrated form, allowing the species to feed effectively and grow to their full capacity.

Aquatic animals are a vital source of high-quality protein and consist of several vitamins and minerals. Aquatic animals such as fish comprise of Omega-3 fatty acids, which are heart-friendly and can make enhancements in brain development and reproduction. They are an essential food source in several countries. Aquaculture has the capacity of creating large quantities for a comparatively lower cost when compared to ruminants, fowl, or swine.

North America Aquafeed Market Drivers:

The major growth drivers in the North American Aquafeed market are the increase in fish consumption, growing consumer awareness regarding the protein content in the fish food, and limited availability of marine feed resources. However, environmental regulations on wild, marine and inland fisheries have made it difficult to procure important raw materials like fish meal, fish oil for feeds. The regulatory structure of the animal feeds industry which restricts the use of certain materials such as antibiotics, and increasing costs of raw materials are the chief factors hindering the growth of this regional market.

The North America Aquafeed Market is segmented and sub-segmented into following categories:

North America Aquafeed Market - By End Use:

Fish

    • Carp
    • Salmon
    • Tilapia
    • Catfish
    • others

Mollusks

    • Shrimp
    • Crab
    • Others

Crustaceans

    • Oyster
    • Mussel
    • others

Carp fish type has been observed to have the highest market share in the fish feed market. This is due to their abundant availability and popularity as common carp fish types are tolerant to most water conditions.

North America Aquafeed Market - By Additives:

  • Vitamins
  • Minerals
  • Antioxidants
  • Amino Acids
  • Enzymes
  • Acidifiers
  • Binders

Amino acids are an essential component of aquafeed with a market share of almost 21% in the total of the aquafeed market in 2018.

The Market is geographically divided into:

North America

  • US
  • Canada

The USA leads the market in this region and is also the major market for Aquafeed with a global share of almost 27%. This regional market is slowly growing, as massive investments are being thrust into the market, and various R&D systems and facilities have been started to enhance the market growth.

Key Players:

  • Cargill, Inc
  • Nutreco N.V
  • Alltech Inc
  • AllerAqua A/S
  • Beneo GmbH, Biomar A/S
  • Charoen Pokphand Foods Public Company Limited
  • Coppens International B.V

1.Introduction                                                  

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                              

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                            

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                     

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                      

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                      

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market   

5. Market Segmentation                                                              

                5.1 By End Use                                 

                                5.1.1 Fish                            

                                                5.1.1.1 Carp       

                                                5.1.1.2 Salmon 

                                                5.1.1.3 Tilapia    

                                                5.1.1.4 Catfish  

                                                5.1.1.5 Others  

                                5.1.2 Mollusks                  

                                                5.1.2.1 Oyster   

                                                5.1.2.2 Mussel  

                                                5.1.2.3 Others  

                                5.1.3 Crustaceans                           

                                                5.1.3.1 Shrimp  

                                                5.1.3.2 Crab       

                                                5.1.3.3 Others  

                5.2 By Additives                                               

                                5.2.1 Vitamins                  

                                5.2.2 Minerals                  

                                5.2.3 Antioxidants                          

                                5.2.4 Amino Acids                           

                                5.2.5 Enzymes                  

                                5.2.6 Acidifiers                 

                                5.2.7 Binders                     

6. Geographical Analysis                                                              

                                6.1 Introduction                              

                                6.2 United States                            

                                6.3 Canada                         

7.Strategic Analysis                                                        

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                      

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers   

                                7.2.2 Bargaining Power of Consumers   

                                7.2.3 Threat of New Entrants                     

    7.2.4 Threat of Substitute Products and Services               

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                                          

                8.1 Cargill Inc.                                   

                                8.1.1 Overview                

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                            

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Nutreco N.V.                                             

                8.3 Alltech Inc.                                 

                8.4 AllerAqua A/S                                            

                8.5 Beneo GmbH                                             

                8.6 Biomar A/S                                 

                8.7 Charoen Pokphand Foods                                    

                8.8 Coppens International B.V.                                  

9.Competitive Landscape                                                            

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis  

                9.3 Agreements, collaborations and Joint Ventures 

                9.4 New Product Launches                                          

10.Expert Opinions                                                         

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  1. North America Aquafeed Market By Region, From2022 - 2027 (USD Billion)
  2. North America Aquafeed Market By End Use, From2022 - 2027 (USD Billion)
  3. North America Fish Market By Region, From2022 - 2027 (USD Billion)
  4. North America Mollusks Market By Region, From2022 - 2027 (USD Billion)
  5. North America Crustaceans Market By Region, From2022 - 2027 (USD Billion)
  6. North America Aquafeed Market By Fish, From2022 - 2027 (USD Billion)
  7. North America Carp Market By Region, From2022 - 2027 (USD Billion)
  8. North America Salmon Market By Region, From2022 - 2027 (USD Billion)
  9. North America Tilapia Market By Region, From2022 - 2027 (USD Billion)
  10. North America Catfish Market By Region, From2022 - 2027 (USD Billion)
  11. North America Other fish Market By Region, From2022 - 2027 (USD Billion)
  12. North America Aquafeed Market By Mollusks, From2022 - 2027 (USD Billion)
  13. North America Oyster Market By Region, From2022 - 2027 (USD Billion)
  14. North America Mussel Market By Region, From2022 - 2027 (USD Billion)
  15. North America Other Mollusks Market By Region, From2022 - 2027 (USD Billion)
  16. North America Aquafeed Market By Crustaceans, From2022 - 2027 (USD Billion)
  17. North America Shrimp Market By Region, From2022 - 2027 (USD Billion)
  18. North America Crab Market By Region, From2022 - 2027 (USD Billion)
  19. North America Other Crustaceans Market By Region, From2022 - 2027 (USD Billion)
  20. North America Aquafeed Market By Additives, From2022 - 2027 (USD Billion)
  21. North America Vitamins Market By Region, From2022 - 2027 (USD Billion)
  22. North America Minerals Market By Region, From2022 - 2027 (USD Billion)
  23. North America Antioxidants Market By Region, From2022 - 2027 (USD Billion)
  24. North America Amino Acids Market By Region, From2022 - 2027 (USD Billion)
  25. North America Enzymes Market By Region, From2022 - 2027 (USD Billion)
  26. North America Acidifiers Market By Region, From2022 - 2027 (USD Billion)
  27. North America Binders Market By Region, From2022 - 2027 (USD Billion)
  28. United States Aquafeed Market By End Use, From2022 - 2027 (USD Billion)
  29. United States Aquafeed Market By Additives, From2022 - 2027 (USD Billion)
  30. United States Aquafeed Market By Fish, From2022 - 2027 (USD Billion)
  31. United States Aquafeed Market By Mollusks, From2022 - 2027 (USD Billion)
  32. United States Aquafeed Market By Crustaceans, From2022 - 2027 (USD Billion)
  33. Canada Aquafeed Market By End Use, From2022 - 2027 (USD Billion)
  34. Canada Aquafeed Market By Additives, From2022 - 2027 (USD Billion)
  35. Canada Aquafeed Market By Fish, From2022 - 2027 (USD Billion)
  36. Canada Aquafeed Market By Mollusks, From2022 - 2027 (USD Billion)
  37. Canada Aquafeed Market By Crustaceans, From2022 - 2027 (USD Billion)

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