United States Aquafeed Market Size, Regional Demand, Trends and Forecast to 2025 – 2029

Market Overview

United States Aquafeed Market held USD 1.74 Billion value in 2023 and is expected to grow to USD 2.60 Billion in the forecast period with 7.02% CAGR by 2029.

United States Aquafeed Market is a huge segment of the United States’ aquaculture sector that comprises numerous companies producing and supplying specialty feeds intended for aquatic species of all sorts. The market is fueled by the growing demand for fish and seafood products and the simultaneous development of the aquaculture industry. Technological innovation in feed production, increasing knowledge of the health benefits of seafood, and the push towards sustainable aquaculture are some of the drivers that fuel the growth of the U.S. Aquafeed Market. The market features a range of products, from simple feed pellets to premium feeds formulated for particular growth phases or species.

Major Market Drivers

Expanding Aquaculture Industry & Seafood Consumption
One of the major drivers of the United States Aquafeed Market is expanding demand for aquaculture products because of the expansion of the aquaculture industry and growing seafood consumption. As wild fish supplies grapple with problems like overfishing and the environment, aquaculture has emerged as a vital source for filling the world’s demand for seafood. This expansion in the aquaculture industry translates directly into a heightened demand for aquafeed. Aquafeed is an integral element in the aquaculture supply chain, being responsible for effective and sustainable fish and shrimp production to answer the cravings of a market hungry for seafood. With the evolution of aquafeed technology, companies can formulate specialized products that meet the unique nutritional requirements of various aquatic animals. These products are formulated to enhance growth, improve disease resistance, and maximize overall health and happiness.

Emerging Technological Developments in Aquafeed Formulation

Technological progress in aquafeed formulation is not only a key driver but also a game-changer for the United States Aquafeed Market. Feed is perhaps the biggest cost driver in aquaculture operations. Kemin AquaScience provides products that are aimed at maximizing nutrient absorption in feed and improving feed conversion ratio. Their nutrient absorption promoters enhance nutrient utilization and absorption and minimize feed losses. Kemin has developed the first commercial lysophospholipids, an altered lecithin product, which maximizes micelle formation, lipid hydrolysis, and uptake. Moreover, enzymes are utilized to enhance digestibility, feed efficiency, and overall performance in shrimp and fish. Kemin’s enzyme products are available individually or in combination with lysophospholipids for increased efficacy. The ongoing research and development activities have led to the development of innovative feed formulations that excel beyond in optimizing the nutritional needs of different aquatic species.

Expansion of Aquaculture Facilities & Production
The growth in aquaculture plants and production capabilities is a major growth driver for the United States Aquafeed Market. With an enlarging aquaculture industry expanding at a high rate, fueled by growing demand for seafood and sustainable protein sources, there is a consistently growing demand for more and better aquafeed. This is because new aquaculture farms have been set up and existing ones intensified to cater to the increased consumer demand for fish and seafood.

Not only does the expansion of aquaculture operations call for an increased supply of feed products, but it also calls for the production of nutritionally improved feeds. Aquafeed producers are crucial to facilitating the growth of the industry through supplying feeds that match the particular nutritional needs of different aquatic animals. In addition to developing good growth and health development among farmed fish, the nutritionally fortified feeds also support the general sustainability and economic feasibility of aquaculture. By developing progressively better feed formulation, aquafeed makers work towards achieving maximum efficiency and profitability for aquaculture farmers. They also keep in constant dialogue with researchers, aquaculture farmers, as well as experts from related fields to make those feeds which best utilize nutrients, have lower impact on the environment, and optimize the farmed fish health as well as overall well-being.

Key Market Players

• 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.

Segmental Insights

Ingredient Insights
On the basis of Ingredient, Corn have been the most rapidly growing segment of United States Aquafeed Market in the forecast period. It is mainly because of its highly available nature, affordability, and high caloric value, making it a good option for the manufacturers of feeds. The use of Corn in aquafeed formulations as a versatile ingredient like pellets, flakes, and extruded feeds adds to its success in the market. The nutritional makeup of corn distinguishes it as a top choice in aquaculture feed manufacturing. Its well-balanced mix of carbohydrates, proteins, and essential nutrients maximizes the nutrition provided to various aquatic species, fueling their development, wellness, and overall functioning. Corn’s digestibility also matters, guaranteeing nutrient uptake efficiency and reducing the output of waste.

Corn’s use is not limited to its nutritional attributes. Its inherent characteristics facilitate simple processing and formulation, making it possible for feed producers to produce personalized aquafeed products that meet the particular needs of individual species. Either a surface-feeding floating pellet or bottom-feeding flake, corn is flexible enough to fit different feed forms, maximizing aquatic animals’ feeding patterns and aquatic animals’ food preferences. The supremacy of corn in the aquafeed industry is due to its high availability, affordability, caloric value, nutritional value, and compatibility with various aquatic animals. With the aquaculture industry growing further, corn is a choice and trusted option for feed manufacturing, which is helping the sustainable development and growth of this vital industry.

Additives Insights
Following the Additives, in the United States Aquafeed Market, Amino Acids have been a dominant and critical segment, playing an imperative role in aquatic species growth, development, and general well-being. These necessary nutrients make up a high percentage of the aquafeed, serving as the required building blocks for proteins. Proteins are then critical in enhancing improved metabolic functions and maintaining maximum health and efficiency of the aquatic animals. Through their assurance of proper dietary balance and nutrient supplements, aquafeed augmented with Amino Acids ensures that the aquatic animals receive their respective nutritional requirements to eventually achieve their total performance and success in aquaculture. The meticulous addition of Amino Acids to the aquafeed recipe guarantees the aquatic life will be given exactly the right amount of nutrients needed for them to grow healthy and thrive. Through this scrupulous care regarding their diet, not only will they grow and develop physically stronger but also fortified with a superior immune system capable of fending off diseases as well as resistance against external harmful substances.

Application of Amino Acids as ingredients in producing aquafeeds conforms to environmental-friendly methods used in aquaculture. By optimizing the nutritional value and digestibility of the feed, the industry can minimize waste and improve feed conversion ratios, reducing the environmental impact of aquaculture operations. This holistic approach to aquafeed formulation, incorporating Amino Acids as a key component, underscores the commitment of the industry to ensure the long-term sustainability and success of aquaculture in the United States. Amino Acids have transformed the industry of aquafeed in America into a veritable powerhouse tool for maximizing aquatic species’ growth, health, and productivity. By being capable of sustaining metabolic processes, allowing for optimal nutrition, and increasing immune systems’ strength, Amino Acids have become an essential part of aquafeed formulations. By focusing on the particular nutritional needs of aquatic animals and adopting sustainable approaches, the business can continue to prosper and contribute to the general success of aquaculture in the United States.

Regional Insights
The Midwestern region of the United States is presently leading the aquafeed market with its dominant presence. It is largely due to the fact that it has rich water resources that support a conducive environment for aquaculture. The region has well-developed aquaculture facilities with state-of-the-art technology, which supports production of seafood in an efficient and sustainable manner. The large demand for seafood in the Midwest also contributes to its strong presence as a major player in the aquafeed market.