North America Aquafeed Market Size- By Species, By Ingredient, By Lifecycle- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Aquafeed Market Size- By Species, By Ingredient, By Lifecycle- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Aquafeed Market Introduction and Overview

According to SPER Market Research, ‘North America Aquafeed Market Size- By Species, By Ingredient, By Lifecycle- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the North America Aquafeed Market is estimated to reach USD XX billion by 2033 with a CAGR of 7.13%.

A specific type of food called aquafeed is intended for aquatic animals raised in aquaculture systems. Aquafeed is designed to satisfy the unique nutritional needs of different species and stages of growth, and it is essential for encouraging the best possible development, well-being, and output. Aquafeed, which is usually made up of a mixture of fishmeal, plant proteins, vitamins, and minerals, gives farmed aquatic animals like fish, shrimp, and mollusks the vital nutrients they need to survive.

The COVID-19 pandemic had a major effect on the aquafeed market by lowering consumer spending and forcing restaurant closures, which decreased demand. The foodservice industry was essentially closed, which meant that aquaculture operations had less demand for seafood, which in turn affected the demand for aquafeed. Consumer behaviour changed as a result of economic uncertainty, which further altered the dynamics of the market.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Species, By Ingredient, By Lifecycle

Regions covered United States, Canada, Rest of North America

Companies Covered

Adisseo, Alltech Inc, ADM Animal Nutrition, Cargill Inc., Wilbur-Ellis Nutrition, LLC, Norel Animal Nutrition, Purina Animal Nutrition LLC.

North America Aquafeed Market Segmentation:

By Species: Based on the Species, North America Aquafeed Market is segmented as; Fish, Crustaceans, Mollusks.

By Ingredient: Based on the Ingredient, North America Aquafeed Market is segmented as; Soybean, Corn, Fishmeal, Fish oil, Additives.

By Lifecycle: Based on the Lifecycle, North America Aquafeed Market is segmented as; Starter Feed, Grower Feed, Finisher Feed, Brooder Feed.