The US aquafeed market is projected to grow from USD 1.44 billion in 2026 to approximately USD 1.98 billion by 2031, at a CAGR of around 6.5%. This growth is driven by increasing domestic aquaculture production and high demand for quality seafood. Producers recognize that superior feed enhances fish health, survival rates, and feed efficiency. As a result, investments in nutritionally balanced and performance-oriented feed solutions are rising. Fish farmers in the US are prioritizing efficient feed utilization and consistent output. Government support for sustainable aquaculture and local production further benefits the industry. Companies are also working to reduce reliance on imported fishmeal by adopting alternative proteins like plant-based ingredients, algae, and insect meal.
This shift supports supply security and long-term sustainability. Aquafeed in the US is used for species such as salmon, catfish, tilapia, trout, shrimp, and mollusks. Feed is designed for different stages, including starter, grower, finisher, and broodstock. Common ingredients include fishmeal, soybean meal, corn gluten meal, and alternative protein sources. Additives such as amino acids, vitamins, minerals, probiotics, and enzymes help improve digestion, immunity, and growth performance. Feed companies are enhancing pellet quality, nutrient balance, and water stability to improve feed efficiency, reduce waste, support faster growth, and ensure consistent production.
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These factors continue to drive steady growth in the US aquafeed market. Major companies in this market include Cargill (US), ADM (US), DSM Firmenich (Switzerland), Nutreco (Netherlands), Alltech (US), Purina Animal Nutrition LLC (US), Adisseo (France), Kemin Industries, Inc. (US), Darling Ingredients (US), Bangen, LLC (US), The Scoular Company (US), Novus International (US), Norel Animal Nutrition (Spain), Kent Nutrition Group (US), and Beneo (Germany).
Companies in the US aquafeed market employ both organic and inorganic growth strategies to boost market share. They emphasize forming partnerships, mergers, expanding plants, launching new products, upgrading technology, and securing distribution agreements. The main goal is straightforward: expand reach, improve supply chains, and meet the increasing demand for high-performance aquafeed across the country.
Leading companies also invest in research, feed trials, and processing upgrades. They work to improve nutrient balance, pellet quality, digestibility, and water stability. Methods such as extrusion improvement, precision coating, and better oil application help enhance feed consistency and fish performance. With the growth of contract feed manufacturing and integrated aquaculture systems, companies are expanding their portfolios across starter, grower, finisher, and broodstock feeds. They also offer functional additives to support immunity, growth, and feed efficiency.
Cargill, Incorporated (US)
Cargill, Incorporated is involved in the manufacturing and marketing of food, agricultural, financial, and industrial products and services worldwide. Its diverse business segments include food ingredients and applications, grain origination and oilseed processing, animal nutrition, as well as risk management and financial services. In the animal nutrition sector, Cargill is a leading player in the aquafeed market, offering a wide range of feed solutions that include feed additives such as vitamins and minerals, antioxidants, fish meal, and amino acids to meet the needs of key aquaculture species like salmon, tilapia, and shrimp. For instance, in June 2022, Cargill partnered with Innovafeed (France) to promote the use of sustainable insect-based ingredients in animal feed, combining Innovafeed's expertise in precision insect formulation with Cargill's global nutrition capabilities to deliver high-quality, eco-friendly nutrition solutions, especially for salmonids.
ADM (US)
Archer Daniels Midland Company, also known as ADM, produces and distributes food ingredients, animal feed and feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. ADM is a major player in trading commodities and processing agricultural products. With over a century of experience, ADM maintains a diverse portfolio covering the entire agricultural value chain. They efficiently connect farmers and producers with customers worldwide through their extensive network of origination facilities, processing plants, and logistics capabilities.
The company operates through four major segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Business. ADM is one of the global leaders in the nutrition segment. ADM's Nutrition segment serves both human and animal nutrition markets, offering products for food, beverages, supplements, livestock, aquaculture, and pets. Through its Animal Nutrition division, the company provides products along with complete feed, feed premixes, and additives. The segment develops and distributes a wide range of ingredients, including feed for aquaculture. In 2018, ADM strengthened its Animal Nutrition portfolio through the acquisition of Neovia, which includes Bern Aqua and Epicore, in a €1.535 billion cash deal. This move substantially expanded ADM's footprint in aquaculture and organic feed markets.
dsm firmenich (Switzerland, Netherlands)
dsm firmenich was launched on May 8, 2023, as a merger of two industry leaders, DSM and Firmenich, specializing in fragrance, taste, texture, and nutrition. With a diverse team of nearly 30,000 employees worldwide, DSM Firmenich is a leader in nutrition, health, and beauty. The company produces and combines essential nutrients, flavors, and fragrances to help the world's growing population thrive sustainably. DSM Firmenich’s operations are divided into five segments: Animal Nutrition & Health, Perfumery & Beauty, Health, Nutrition & Care, Taste, Texture & Health, and Corporate Activities. In its Animal Nutrition & Health segment, the company offers various aquafeed products, including probiotics and specialized aquafeed ingredients tailored for key aquaculture species such as fish and shrimp. Additionally, the company supplies a range of products, including functional food ingredients, aquafeed, carotenoids, eubiotics, feed enzymes, methane inhibitors, and vitamins. With a global presence across Asia Pacific, Africa, South America, North America, and Europe, DSM Firmenich operates through subsidiaries in multiple regions.
Market Ranking
Key players in the US aquafeed market include Cargill (US), ADM (US), Dsm Firmenich (Switzerland), Nutreco (Netherlands), Alltech (US), Purina Animal Nutrition LLC (US), Adisseo (France), Kemin Industries, Inc. (US), Darling Ingredients (US), and Rangen LLC (US). These companies utilize advanced extrusion systems, accurate nutrient balancing, improved oil coating, and strong raw material sourcing to stay competitive. Their portfolios include starter, grower, finisher, and broodstock feed for salmon, catfish, tilapia, trout, shrimp, and mollusks. They also collaborate closely with hatcheries, growers, research centers, and seafood processors to expand reach and build trust.
Smaller and regional companies are also active. Many focus on species-specific feed, functional additives, and local ingredients. Their market share is smaller, but they move quickly in product development and customization. They invest in small production units, farm-level trials, branding, and direct sales. These actions increase competition and keep the US aquafeed market dynamic and performance-driven.
Related Reports:
US Aquafeed Market by Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives), Species (Fish, Crustaceans, Mollusks), Function (Nutrition, Growth Promoters, Immunity, Texture & Palatability), Lifecycle, and Form - Forecast to 2031
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