North America Aquafeed Market Size & Outlook, 2022-2030
North America aquafeed market, 2018-2030 (US$M)
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North America aquafeed market highlights
- The North America aquafeed market generated a revenue of USD 11,653.3 million in 2022.
- The market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, amino acid was the largest revenue generating additives in 2022.
- Feed Acidifiers is the most lucrative additives segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 11,653.3 million |
| Market revenue in 2030 | USD 16,610.4 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Amino acid |
| Fastest growing segment | Feed Acidifiers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers |
| Key market players worldwide | Cargill, Biomarin Pharmaceutical Inc, Ridley Corp Ltd, Alltech, Charoen Pokphand Foods PCL Shs Foreign Registered, Avanti Feeds, Aller Aqua, Beneo, Aker BioMarine, Skretting, Purina Mills, Dibaq Group, Benchmark Holdings PLC, Biostadt, Waterbase |
Other key industry trends
- In terms of revenue, North America region accounted for 16.1% of the global aquafeed market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,241.2 million by 2030.
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Aquafeed Market Scope
Aquafeed Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America aquafeed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aquafeed market will help companies and investors design strategic landscapes.
Amino acid was the largest segment with a revenue share of 32.87% in 2022. Horizon Databook has segmented the North America aquafeed market based on antibiotics, vitamins, antioxidants, amino acid, feed enzymes, feed acidifiers covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America aquafeed market databook
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Our clientele includes a mix of aquafeed market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America aquafeed market , including forecasts for subscribers. This continent databook contains high-level insights into North America aquafeed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America aquafeed market size, by country, 2018-2030 (US$M)
North America Aquafeed Market Outlook Share, 2022 & 2030 (US$M)
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