North America Aquaculture Market Size, Trends & Forecast to 2031
North America Aquaculture Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Fish [Salmon, Tuna, Cod, and Others], Aquatic Plants, Crustaceans, Mollusca, and Others) and Culture Environment (Fresh Water, Brackish Water, and Marine Water)
- Report Date : Aug 2025
- Report Code : TIPRE00006660
- Category : Food and Beverages
- Status : Published
- Available Report Formats :
- No. of Pages : 123
The North America Aquaculture Market size is projected to reach US$ 29.39 billion by 2031 from US$ 21.92 billion in 2024. The market is expected to register a CAGR of 4.3% during 2025–2031.
North America Aquaculture Market Analysis
The North America aquaculture market is driven by rising demand for seafood, sustainable protein sources, and technological advancements in farming techniques. Increasing health awareness and depletion of wild fish stocks further fuel market growth. Opportunities lie in expanding recirculating aquaculture systems (RAS), precision aquaculture, and the cultivation of high-value species like salmon and shellfish. Supportive government policies, investment in R&D, and growing consumer preference for traceable and eco-friendly products present strong potential for industry expansion across the US, Canada, and Mexico.
North America Aquaculture Market Overview
North American countries, particularly the US and Canada, focus on enhancing domestic seafood production to reduce reliance on imports and meet rising protein demands. Innovations in feed, disease control, and recirculating aquaculture systems (RAS) are improving productivity and environmental performance. Regulatory support and consumer demand for locally farmed, traceable, and high-quality seafood further boost the industry. With ample coastline and investment in research, North America is poised to expand its role in the aquaculture sector.
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North America Aquaculture Market: Strategic Insights
Market Size Value in US$ 6,432.8 Million in 2018 Market Size Value by US$ 9,685.1 Million by 2027 Growth rate CAGR of 4.8% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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North America Aquaculture Market Drivers and Opportunities
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North America Aquaculture Market: Strategic Insights
| Market Size Value in | US$ 6,432.8 Million in 2018 |
| Market Size Value by | US$ 9,685.1 Million by 2027 |
| Growth rate | CAGR of 4.8% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Market Drivers:
Rising Seafood Demand
A growing population and changing dietary preferences increase the need for seafood.
Declining Wild Fish Stocks
Overfishing reduces wild catches, pushing the need for farmed seafood.
Technological Advances
Innovations like automated feeding and water quality monitoring boost productivity.
Health Awareness
Consumers seek nutritious sources rich in omega-3 fatty acids, favoring aquaculture products.
Supportive Government Policies
Regulations and subsidies encourage sustainable aquaculture development.
Investment in R&D
Research improves disease control and feed efficiency, enhancing yields.
Demand for Traceability
Consumers prefer transparent supply chains, ensuring product safety and quality.
Market Opportunities:
Expansion of Recirculating Aquaculture Systems (RAS)
RAS technology allows fish farming in controlled, land-based environments using minimal water and space, reducing pollution and enabling year-round production close to markets.
Cultivation of High-Value Species
Farming species like Atlantic salmon, shrimp, and oysters offer higher profit margins and meet premium market demand, encouraging farmers to diversify beyond low-value fish.
Sustainable Feed Alternatives
Developing feeds from insect protein, algae, and plant-based ingredients reduces dependence on wild-caught fishmeal and fish oil, lowering environmental footprint and feed costs.
Precision Aquaculture
Integrating IoT devices, AI, and big data analytics enables real-time monitoring of water quality, fish health, and feeding, optimizing resource use and minimizing risks.
Growth in Export Markets
As demand for seafood grows, especially in Asia and Europe, North American producers can capitalize on export opportunities by offering high-quality, sustainably farmed products.
Improved Disease Management
New vaccines, probiotics, and biosecurity measures help control disease outbreaks, reducing fish mortality and improving farm profitability.
North America Aquaculture Market Report Segmentation Analysis
The North America aquaculture market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in most industry reports:
By Product Type:
Fish
Farmed for human consumption, rich in protein and omega-3 fatty acids, using freshwater or marine systems.Salmon
Farmed primarily in cold, coastal waters using sea cages or RAS, salmon is valued for its rich omega-3 content and widely consumed as fresh, smoked, or processed fish.Tuna
Cultivated through ranching or fattening in large ocean pens, tuna is prized for sashimi and canned products due to its high protein and flavor.Cod
Raised in controlled marine environments or cold waters, cod is popular for its mild flavor and is commonly used in fillets, fish sticks, and processed seafood.Others
It includes species like tilapia and catfish, which are farmed in freshwater or brackish systems for affordable, versatile protein sources.
Aquatic Plants
Cultivated in freshwater or marine farms, aquatic plants like seaweed and algae are used in food, cosmetics, fertilizers, and biofuel production due to their high nutrient content.
Crustaceans
Species such as shrimp, prawns, and crabs are farmed in ponds or cages, mainly for high-value seafood markets and as ingredients in processed foods.
Mollusca
Mollusca, like oysters, mussels, and clams, are grown on ropes or beds in coastal waters and are widely used for direct consumption and pearl production.
Others
This category includes amphibians and other aquatic animals farmed for niche markets, research, or ornamental purposes.
By Culture Environment:
Freshwater
Used to farm species like tilapia, catfish, and carp in ponds, tanks, or rivers, freshwater aquaculture supports affordable and widely consumed fish production.
Brackish Water
This mixed-salinity environment is ideal for farming shrimp, prawns, and some fish species in coastal ponds and estuaries, balancing freshwater and marine conditions.
Marine Water
Open ocean cages and coastal pens in marine water cultivate high-value species such as salmon, tuna, and mollusks, benefiting from natural seawater conditions.
By Geography:
North America
The aquaculture market in North America is expected to witness the fastest growth. A significant driver of the North American aquaculture market is the increasing consumer demand for sustainable, locally sourced seafood, fueled by growing health awareness and environmental concerns. This encourages investment in advanced farming technologies and government support to reduce import reliance.
North America Aquaculture Market Report ScopeNorth America Aquaculture Market Share Analysis by Geography
North America is expected to grow the fastest in the next few years. Emerging markets in North America also have many untapped opportunities for aquaculture providers to expand.
The aquaculture market grows because of factors like rising demand for sustainable seafood, declining wild fish stocks, health-conscious consumer trends, technological advancements in farming, government incentives and regulations, investment in research and development for disease control, preference for traceable, eco-friendly products, and growing domestic seafood production goals. Below is a summary of market share and trends by region:
1. North America
Market Share:
Expanding steadily with increasing domestic production and technological adoptionKey Drivers:
- Rising demand for sustainable and locally sourced seafood
- Declining wild fish stocks
- Government support and funding initiatives
- Advances in recirculating aquaculture systems (RAS)
- Consumer preference for traceable, eco-friendly products
Trends:
Growth in precision aquaculture, expansion of high-value species farming, and focus on sustainable feed alternatives
North America Aquaculture Market Players Density: Understanding Its Impact on Business Dynamics
High Market Density and Competition
Competition is strong due to the presence of established players such as Lerøy Seafood, Cermaq, and Grieg Seafood. Regional and niche providers like Atlantic Sapphire, High Liner Foods, and Cooke Aquaculture are also adding to the competitive landscape across North America.
This high level of competition urges companies to stand out by offering:
- Use of advanced farming tech like RAS
- Strong focus on sustainability
- Vertical integration across the supply chain
- Specialization in high-value species
Opportunities and Strategic Moves
- Expansion of land-based RAS farms to meet sustainability goals
- Growing demand for premium and organic seafood products
- Investing in cutting-edge technologies to improve efficiency and reduce environmental impact
- Forming partnerships with tech firms and research institutions for innovation
Major Companies operating in the North America Aquaculture Market are:
- Cooke Aquaculture
- American Aquafarms
- Atlantic Sapphire
- Clearwater Seafoods
- Pacific Seafood Group
- Grieg Seafood BC
- Kuterra
- Maine Aquaculture Innovation Center
- Regal Springs Tilapia
- Mariculture Technologies Inc
Disclaimer: The companies listed above are not ranked in any particular order.
Other companies analyzed during the course of research:
- AquaBounty Technologies
- Blue Ridge Aquaculture
- Hampton Farms
- Freshwater Farms of America
- Tasman Seafoods
- Lummi Tribal Fisheries
- Trident Seafoods
- Sunrise Fish Farms
- Blue Ocean Mariculture
- Bell Aquaculture
- Norcoast Aquaculture
- Carlsbad Aquafarm
- Sustainable Blue
- Pesquera Diamante
- Acuacultura Los Tamaulipecos
North America Aquaculture Market News and Recent Developments
FDA approves broad-spectrum antibiotic for aquaculture
FDA approves a broad-spectrum antibiotic for aquaculture, allowing florfenicol premix to be used in freshwater-reared salmonids, catfish, freshwater-reared finfish, and warmwater finfish.
Land-based aquaculture tech companies launch joint initiative in North America.
Norwegian technology companies, including MAT-KULING, Simona Stadpipe, Helland Silosystem, Silikal Nordvest, and Dynamic FishEye, have launched a joint initiative called NACA (Norwegian Aquaculture in America) to facilitate the entry of Norwegian land-based aquaculture technology into the North American market. The network covers the entire value chain for land-based aquaculture, serving both existing fish farmers and new projects.
ASC is expanding its North American campaign to build awareness about the standard
The Aquaculture Stewardship Council (ASC) has launched a North American campaign titled "Sea Green. Be Green" to raise awareness about the ASC label.
North America Aquaculture Market Report Coverage and Deliverables
The "North America Aquaculture Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:
- North America Aquaculture Market size and forecast at the regional and country levels for all the key market segments covered under the scope
- North America Aquaculture Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- North America Aquaculture Market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America Aquaculture Market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Species, Nature, and Culture Environment
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
Frequently Asked Questions
Cooke Aquaculture, American Aquafarms, Atlantic Sapphire, Clearwater Seafoods, Pacific Seafood Group, Grieg Seafood BC, Kuterra, Maine Aquaculture Innovation Center, Regal Springs Tilapia, and Mariculture Technologies Inc are among the key players operating in the North America aquaculture market.
The market size is projected to reach US$ 29.39 billion by 2031.
The shift to biological and eco-friendly solutions is likely to emerge as a key trend in the market in the future.
Rising seafood demand, government support, and subsidies are major factors contributing to market growth.
The US accounted for the largest share of the market in 2024.
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Analyst Market Outlook
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
3.3 Assumptions and Limitations
4. North America Aquaculture Market Landscape
4.1 Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors and Suppliers
4.3.4 End Users
4.3.5 List of Vendors in the Value Chain
5. North America Aquaculture Market – Key Market Dynamics
5.1 North America Aquaculture Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Surge in Demand and Consumption of Seafood
5.2.2 Favourable Government Initiatives
5.3 Market Restraints
5.3.1 Harmful Impact on Environment
5.4 Market Opportunities
5.4.1 Implementation of RAS Technology
5.5 Future Trends
5.5.1 Application of Fish Oil in Several Industries
5.6 Impact of Drivers and Restraints:
6. North America Aquaculture Market Analysis
6.1 North America Aquaculture Market Volume (Kilo Tons), 2021–2031
6.2 North America Aquaculture Market Volume Forecast and Analysis (Kilo Tons)
6.3 North America Aquaculture Market Revenue and Forecast (US$ Million), 2021–2031
6.4 North America Aquaculture Market Forecast and Analysis (US$ Million)
7. North America Aquaculture Market Volume and Revenue Analysis – by Product Type
7.1 Fish
7.1.1 Overview
7.1.2 Fish: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.3 Fish: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.1.4 Salmon
7.1.4.1 Overview
7.1.4.2 Salmon: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.4.3 Salmon: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.1.5 Tuna
7.1.5.1 Overview
7.1.5.2 Tuna: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.5.3 Tuna: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.1.6 Cod
7.1.6.1 Overview
7.1.6.2 Cod: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.6.3 Cod: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.1.7 Others
7.1.7.1 Overview
7.1.7.2 Others: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.7.3 Others: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.2 Aquatic Plants
7.2.1 Overview
7.2.2 Aquatic Plants: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.2.3 Aquatic Plants: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.3 Crustaceans
7.3.1 Overview
7.3.2 Crustaceans: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.3.3 Crustaceans: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.4 Mollusca
7.4.1 Overview
7.4.2 Mollusca: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.4.3 Mollusca: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.5.3 Others: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
8. North America Aquaculture Market Volume and Revenue Analysis – by Culture Environment
8.1 Freshwater
8.1.1 Overview
8.1.2 Freshwater: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.1.3 Freshwater: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.2 Marine Water
8.2.1 Overview
8.2.2 Marine Water: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.2.3 Marine Water: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.3 Brackish Water
8.3.1 Overview
8.3.2 Brackish Water: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.3.3 Brackish Water: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
9. North America Aquaculture Market – Country Analysis
9.1 North America
9.1.1 North America Aquaculture Market Breakdown, by Countries
9.1.2 North America Aquaculture Market – Forecast and Analysis – by Country
9.1.2.1 North America Aquaculture Market – Volume and Forecast Analysis – by Country
9.1.2.2 North America Aquaculture Market – Revenue and Forecast Analysis – by Country
9.1.2.3 United States: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.1.2.3.1 United States: Aquaculture Market Breakdown, by Product Type
9.1.2.3.2 United States: Aquaculture Market Breakdown, by Culture Environment
9.1.2.4 Canada: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.1.2.4.1 Canada: Aquaculture Market Breakdown, by Product Type
9.1.2.4.2 Canada: Aquaculture Market Breakdown, by Culture Environment
9.1.2.5 Mexico: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.1.2.5.1 Mexico: Aquaculture Market Breakdown, by Product Type
9.1.2.5.2 Mexico: Aquaculture Market Breakdown, by Culture Environment
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning and Concentration
11. North America Aquaculture Market Industry Landscape
11.1 Overview
11.2 Mergers and Acquisitions
11.3 Agreements, Collaborations, And Joint Ventures
11.4 Expansions and Other Strategic Developments
12. Company Profiles
12.1 JBS SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 key Developments
12.2 Bakkafrost
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 SWOT Analysis
12.3 Blue Ridge Aquaculture, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cermaq Group AS
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 SWOT Analysis
12.5 Cooke Aquaculture Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Financial Overview
12.6 Danish Salmon
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Leroy Seafood Group ASA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Business Description
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Mowi ASA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Stolt-Nielsen Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Thai Union Group PCL.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
List of Tables
Table 1. North America Aquaculture Market Segmentation
Table 2. List of Vendors
Table 3. North America Aquaculture Market – Volume, 2021–2024 (Kilo Tons)
Table 4. North America Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons)
Table 5. North America Aquaculture Market – Revenue, 2021–2024 (US$ Million)
Table 6. North America Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 7. North America Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Product Type
Table 8. North America Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Product Type
Table 9. North America Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 10. North America Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 11. North America Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Culture Environment
Table 12. North America Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Culture Environment
Table 13. North America Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Culture Environment
Table 14. North America Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Culture Environment
Table 15. North America Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Country
Table 16. North America Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) –by Country
Table 17. North America Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 18. North America Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 19. United States: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Product Type
Table 20. United States: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Product Type
Table 21. United States: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 22. United States: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 23. United States: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Culture Environment
Table 24. United States: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Culture Environment
Table 25. United States: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Culture Environment
Table 26. United States: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Culture Environment
Table 27. Canada: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Product Type
Table 28. Canada: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Product Type
Table 29. Canada: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 30. Canada: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 31. Canada: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Culture Environment
Table 32. Canada: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Culture Environment
Table 33. Canada: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Culture Environment
Table 34. Canada: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Culture Environment
Table 35. Mexico: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Product Type
Table 36. Mexico: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Product Type
Table 37. Mexico: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 38. Mexico: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 39. Mexico: Aquaculture Market – Volume, 2021–2024 (Kilo Tons) – by Culture Environment
Table 40. Mexico: Aquaculture Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Culture Environment
Table 41. Mexico: Aquaculture Market – Revenue, 2021–2024 (US$ Million) – by Culture Environment
Table 42. Mexico: Aquaculture Market – Revenue Forecast, 2025–2031 (US$ Million) – by Culture Environment
Table 43. Heat Map Analysis by Key Players
List of Figures
Figure 1. North America Aquaculture Market Segmentation
Figure 2. Porter’s Five Forces Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Aquaculture Market Volume (Kilo Tons), 2021–2031
Figure 5. North America Aquaculture Market Revenue and Forecast (US$ Million), 2021–2031
Figure 6. North America Aquaculture Market Share (%) – by Product Type, 2024 and 2031
Figure 7. Fish: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 8. Fish: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 9. Salmon: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 10. Salmon: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 11. Tuna: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 12. Tuna: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 13. Cod: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 14. Cod: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 15. Others: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 16. Others: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 17. Aquatic Plants: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 18. Aquatic Plants: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 19. Crustaceans: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 20. Crustaceans: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 21. Mollusca: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 22. Mollusca: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 23. Others: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 24. Others: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 25. North America Aquaculture Market Share (%) – by Culture Environment, 2024 and 2031
Figure 26. Freshwater: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 27. Freshwater: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 28. Marine Water: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 29. Marine Water: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 30. Brackish Water: North America Aquaculture Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 31. Brackish Water: North America Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 32. North America Aquaculture Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 33. United States: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 34. Canada: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 35. Mexico: Aquaculture Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 36. Company Positioning and Concentration
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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