North America Aquaculture Market Overview
- By 2035, the target market is expected to reach a valuation of USD 155.0 Billion.
- In 2025, North America aquaculture market size was worth a valuation of USD 98.0 Billion.
- The market is expanding at a CAGR of 4.8%.
Aquaculture refers to the breeding, rearing, and harvesting of fish, shellfish, algae, and other in all types of water environments. The North America aquaculture market growth is driven by the factors including increasing demand for seafood as a healthy dietary choice, rising consumer awareness about sustainability, strong government support for the industry, technological advancements in farming techniques, and a focus on locally sourced seafood, particularly in the U.S., which is a key regional market within North America.
Impact of AI on the Market:
AI technology has developed rapidly over the past two decades in many fields, often in ways that can easily be adapted to aquaculture production. AI is currently being evaluated and deployed in aquaculture for improving feeding efficiency, biomass estimation, growth tracking, early detection of diseases, environmental monitoring and control (especially in RAS), and reduction of labor costs.
North America Aquaculture Market Drivers & Restraints
Key Drivers of Target Market:
Rising Consumption Rate of Seafood may Rocketed Market Growth
The need for sustainable, regulated, and scalable seafood production is accelerated by North America's rising seafood consumption rate, which in turn propels the aquaculture market's expansion. Aquaculture offers a dependable way to satisfy the growing demand for seafood while addressing ecological and environmental issues.
- For instance, according to the data published by the U.S. Department of Agriculture (USDA), U.S. residents consumed an average of 20.5 pounds of seafood finfish and shellfish per capita in 2021. Growth in fresh and frozen seafood consumption per capita climbed from about 63 percent in 1990 to almost 80 percent in 2021. In contrast, per capita consumption of canned seafood has declined from a 35-percent share in 1990 to an 18-percent share of the total seafood consumed nationwide in 2021.
Restraints:
Unique Environmental Challenges may Hindered Market Growth
Aquaculture faces its own set of environmental issues ranging from destroying important ecosystems and habitats to the use of harmful chemicals and antibiotics, and the reliance on wild-caught fish and other unsustainable ingredients in feed. However, the environmental impact of aquaculture is completely dependent upon the species being farmed, the intensity of production and the location of the farm.
- Counterbalance Statements: In recent years, new strategies and technologies have emerged to address aquaculture with the goal of sustainability.
Opportunities:
Sustainable Aquaculture Advance Technology Could Lead to an Increased Demand in Forecasting Years
Sustainable aquaculture farming techniques focus on food production and environmental stewardship. Advanced technologies, such as the free OceanReports mapping and planning tool, which analyzes ocean neighborhoods. It provides critical insights to make informed decisions that expand sustainable aquaculture opportunities while also minimizing potential environmental impacts. It also provides detailed information about habitats and species, current industries in the area, and potential hazards to aquaculture (such as undersea cables or shipwrecks).
- For instance, in February 2024, Canada’s Ocean Supercluster (OSC) has launched a Canada-wide Sustainable Seafood 2024 program and has put out a Call for Proposals to support the development and adoption of Sustainable Seafood in the ocean sector.
North America Aquaculture Market Segmentations & Regional Insights
The North America aquaculture market is classified into environment, fish type, end-user, and country.
Environment
Based on the environment, the market is categorized into marine water, fresh water, and brackish water. The freshwater segment have a larger North America aquaculture market share. This is due to its abundance and the relative ease of managing it.
Fish Type
The market, by fish type, is distributed into carps, mollusks, crustaceans, mackerel, sea bream, and others. The mollusks type are expected to dominate the target market as have a high demand due to their popularity in many cuisines.
End-User
Under end-user, the market is sub-divided into retail, food processing industry, restaurants and food service, animal feed industry, pharmaceutical and nutraceuticals industries, and others. The restaurants and food service are attributed to lead the market due to country's growing tourism industry and changing consumer preferences.
North America Aquaculture Market Report Scope:
Attribute |
Details |
Market Size 2025 |
USD 98.0 Billion |
Projected Market Size 2035 |
USD 155.0 Billion |
CAGR Growth Rate |
4.8% (2025-2035) |
Base year for estimation |
2024 |
Forecast period |
2025 – 2035 |
Market representation |
Revenue in USD Billion & CAGR from 2025 to 2035 |
Regional scope |
North America - U.S. and Canada |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segmentation:
By Environment:
- Marine Water
- Fresh Water
- Brackish Water
By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Mackerel
- Sea Bream
- Others
By End User:
- Retail
- Food Processing Industry
- Restaurants and Food Service
- Animal Feed Industry
- Pharmaceutical and Nutraceuticals Industries
- Others
By Region:
- North America
- U.S.
- Canada
North America Aquaculture Market Competitive Landscape & Key Players
The key players operating in the North America aquaculture market include Cooke Aquaculture Inc., Cargill, Incorporated, Innovasea Systems Inc., Mowi, and others. For aquaculture companies in North America, there are several key strategies that will be critical to staying competitive and sustainable in the coming years, such as sustainability and environmental responsibility, technological innovation, diversifying species, and so on.
List of Key Players in the Market:
- Cooke Aquaculture Inc.
- Cargill, Incorporated
- Innovasea Systems Inc.
- Mowi
- Alltech
- ADM
- Wilbur-Ellis Company LLC
- Adisseo
- Creative Salmon
- Grieg Seafood
- Ontario Aquaculture Association
- Ocean Trout Canada
- Wittaya Aqua
- Clean Valley
North America Aquaculture Market Recent News
- In February 2025, at an industry conference, Aquaculture Technology Company, Ace Aquatec, will launch its A-HSU skid-mounted in-water electric trout stunner to the North American market. The system is said to comply with the regulations set by The National Farm Animal Care Council (NFACC) under the “Code of Practice for the Care and Handling of Farmed Salmonids” and approved by the Ontario Ministry of Agriculture, Food, and Agribusiness (OMAFA).
- In December 2024, The White House National Science and Technology Council has finalized the federal government’s new aquaculture plan, the first in 40 years. This Strategic Plan for Aquaculture Economic Development outlines federal actions to advance a robust, resilient, globally competitive, and environmentally sustainable domestic aquaculture sector,” the final document states.
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North America Aquaculture Market Company Profile
Company Name |
ADM |
Headquarter |
Chicago, Illinois, U.S. |
CEO |
Juan Ricardo Luciano |
Employee Count (2024) |
40,210 Employees |
FAQs
North America aquaculture market size was valued at USD 98.0 Billion in 2025 and is expected to reach USD 155.0 Billion by 2035 growing at a CAGR of 4.8%.
The market is segmented into environment, fish type, end-user, and region.
The market is segmented by countries U.S. and Canada. The U.S. is expected to dominate the market.
The key players operating in the North America aquaculture market include Cooke Aquaculture Inc., Cargill, Incorporated, Innovasea Systems Inc., Mowi, Alltech, ADM, Wilbur-Ellis Company LLC, Cargill, Incorporated, Adisseo, Creative Salmon, Grieg Seafood, Ontario Aquaculture Association, Ocean Trout Canada, Wittaya Aqua, and Clean Valley.