United States Aquafeed Market Size- By Ingredient, By Additives, By Species, By Product Form- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United States Aquafeed Market Introduction and Overview
According to SPER market research, ‘United States Aquafeed Market Size- By Ingredient, By Additives, By Species, By Product Form – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United States Aquafeed Market is predicted to reach 23.88 billion by 2033 with a CAGR of 7.35%.
Aquafeed is a specialized nutritionally balanced feed that is intended to provide essential nutrients to aquatic species raised in aquaculture systems. It is sometimes referred to as fish feed or aquaculture feed. Fish, shrimp, prawns, and other aquatic species are farmed in controlled environments such ponds, tanks, or cages under the practice of aquaculture.
The chain of supply for aquaculture has suffered as a result of the coronavirus. Due to the ban on employees leaving the nation for work-related travel, the output of the world economy has decreased. In addition, limitations on international air travel have hurt species including lobster, salmon, sea bass, and tilapia raised for fresh export markets by reducing air freight capacity and sharply raising air freight costs.
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 Ingredient, By Additives, By Species, By Product Form
Regions covered West United States, East United States, North United States, South United States
Companies CoveredThe Archer Daniels Midland Company, Ridley USA Inc, Cargill Animal Nutrition, Nutreco USA Inc, Alltech Inc, Nutraid USA, Novus International Inc, Skretting AS, Purina Animal Nutrition, Charoen Pokphand USA Inc.
United States Aquafeed Market Key Segments CoveredBy Ingredient: Based on the Ingredient, United States Aquafeed Market is segmented as; Soybean, Fish Meal, Corn, Fish Oil, Additives, Others.
By Species: Based on the Species, United States Aquafeed Market is segmented as; Carps, Marine Shrimps, Tilapias, Catfishes, Marine Fishes, Salmons, Freshwater Crustaceans, Trout, Others.
By Product Form: Based on the Product Form, United States Aquafeed Market is segmented as; Pellets, Extruded, Powdered, Liquid.
By Region:This research includes data for West United States, East United States, North United States, South United States.