IMARC Group has recently released a new research study titled “North America Shrimp Feed Market Size, Share, Trends and Forecast by Type, Ingredient, and Country, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

 

Market Overview

The North America shrimp feed market size was valued at 234.46 Kilo Tons in 2024 and is projected to reach 362.45 Kilo Tons by 2033, growing at a CAGR of 4.71% between 2025 and 2033. Market growth is driven by the increasing adoption of plant-based and alternative protein sources like soybean meal and insect protein, alongside rising demand for fresh, high-quality shrimp which is encouraging expansion in shrimp farming operations. Technological advancements and sustainability focus further support this growth.

Study Assumption Years

  • Base Year: 2024

  • Historical Year/Period: 2019-2024

  • Forecast Year/Period: 2025-2033

North America Shrimp Feed Market Key Takeaways

  • Current Market Size: 234.46 Kilo Tons in 2024

  • CAGR: 4.71%

  • Forecast Period: 2025-2033

  • The market growth is supported by a rising shift towards eco-friendly feed formulations using plant-based and alternative proteins, reducing reliance on fishmeal and impact on wild fish stocks.

  • Controlled-environment shrimp farming employing advanced filtration and monitoring systems fosters demand for precise, nutrient-rich feed formulations.

  • Technological innovations such as probiotics, enzymes, and AI-based feeding systems improve feed efficiency and shrimp health.

  • The growing shrimp consumption in North America, especially in the US, is driving the expansion of shrimp farms and increasing feed demand.

  • E-commerce and direct-to-farm feed sales enhance accessibility, lower costs, and improve supply chain efficiency for farmers.

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North America Shrimp Feed Market Growth Factors

The North America shrimp feed market benefits greatly from the increasing demand for controlled-environment shrimp farming. Indoor and land-based farms use advanced water filtration and monitoring to optimize shrimp growth conditions, requiring highly formulated feeds to maximize health and yields. This shift encourages feed manufacturers to develop nutrient-rich, digestible feed types that minimize waste and preserve water quality. Year-round production enabled by such controlled environments generates consistent high-performance feed demand, with farmers leveraging automated feeding systems to deliver precision nutrition.

Technological advancements significantly propel the market by enhancing feed quality, efficiency, and sustainability. Modern shrimp feed formulations incorporate probiotics, enzymes, and immune-boosting additives to support shrimp health and growth. Precision aquaculture technologies—including AI-driven feeding systems—help farmers optimize feed usage and reduce waste. Innovations like microencapsulation improve nutrient absorption, while alternative protein sources such as insect meal and algae promote eco-friendly feed options. Digital platforms ease feed procurement and provide data-driven farm management insights.

Sustainability has emerged as a crucial driver, with traditional shrimp feed's reliance on fishmeal raising environmental concerns. The market is transitioning to plant-based and alternative protein sources like soybean meal and insect protein to reduce wild fish stock depletion. This shift aligns with government policies supporting sustainable aquaculture and rising consumer demand for responsibly farmed seafood. Feed companies are innovating sustainable, cost-effective solutions that include probiotics and immune-support additives, positioning themselves to meet evolving market demands and regulatory landscapes.

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North America Shrimp Feed Market Segmentation

Breakup by Type:

  • Grower: Plays a critical role in shrimp farming, providing essential nutrients to support rapid growth and survival. It optimizes feed conversion and reduces waste, making it the largest market segment due to high demand for quality shrimp.

  • Finisher

  • Starter

Breakup by Ingredient:

  • Soybean Meal: The leading segment, it is a nutritious, cost-effective, sustainable protein source that enhances growth rates and feed efficiency. Preferred over fishmeal due to environmental and economic benefits.

  • Fish Meal

  • Wheat Flour

  • Fish Oil

  • Others

Breakup Country-Level Segmentation:

  • United States: Market leader owing to large-scale aquaculture, advanced feed technology, and high shrimp consumption supported by government policies and industry initiatives promoting sustainable practices.

  • Canada

Regional Insights

The United States dominates the North America shrimp feed market, recognized for its extensive aquacultural activities, feed technology advancements, and elevated shrimp consumption. The US market benefits from a robust supply of sustainable ingredients like soybean meal and strong investment in R&D for developing nutrient-rich, eco-friendly feed formulations. Government support and industry marketing initiatives further bolster shrimp consumption and feed demand.

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Recent Developments & News

  • December 2024: The US Grains Council invited aquaculture nutritionists from Ecuador and Panama to encourage sustainable use of distiller's grains and corn-fermented proteins in aquaculture, targeting increased US exports.

  • July 2024: String Bio received GRAS status for its microbial protein PRO-DG for crustacean feed in the US, validated by multiple aqua trials.

  • March 2024: Kuehnle AgroSystems secured USD 3 Million funding to commercialize natural astaxanthin production from microalgae, vital for farmed salmon and shrimp diets.

  • January 2024: Innovafeed inaugurated an Innovation and Research Center in Illinois for insect-based ingredient production, signalling expansion in North American industrial insect protein supply.

  • April 2023: Atarraya raised USD 25 Million in a Series B fund to expand its sustainable shrimp production system called Shrimpbox in the US.

Key Players

  • Global Shrimp Council (GSC)

  • String Bio

  • Kuehnle AgroSystems (KAS)

  • Innovafeed

  • Atarraya

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