The North America aquaculture market size was valued at US$ 21.92 billion in 2024 and is projected to reach US$ 29.39 billion by 2031; it is expected to register a CAGR of 4.3% from 2025 to 2031.
A major driver propelling the North America aquaculture market is the surging demand for sustainable and locally sourced seafood, fueled by increasing consumer awareness about environmental conservation and health benefits. Overfishing and depletion of wild fish stocks globally have raised concerns about the long-term viability of traditional fisheries, pushing consumers, retailers, and governments to seek alternative sources of seafood. Aquaculture presents a viable solution to this challenge by enabling controlled, efficient production of high-quality fish and aquatic plants without exerting additional pressure on wild populations. In North America, this shift toward sustainable seafood consumption is reflected in the growing preference for farm-raised species such as salmon, trout, catfish, and tilapia. Consumers are increasingly prioritizing seafood products that are traceable, environmentally responsible, and free from harmful chemicals or antibiotics. This has encouraged producers to adopt advanced farming technologies, such as recirculating aquaculture systems (RAS) and integrated multi-trophic aquaculture (IMTA), which reduce environmental footprints by recycling water, minimizing waste, and enhancing resource efficiency. Government support further amplifies this trend, with agencies like the National Oceanic and Atmospheric Administration (NOAA) and Fisheries and Oceans Canada (DFO) providing funding, research, and regulatory frameworks to promote sustainable aquaculture practices. These initiatives foster innovation, improve farm management, and ensure compliance with environmental standards.
Additionally, the health-conscious consumer base in North America values seafood for its nutritional benefits, including omega-3 fatty acids and high-quality protein, which boosts demand. The increasing popularity of aquaponics systems, which combine fish farming with plant cultivation, also highlights the region's commitment to sustainable food production. Together, these factors, environmental concerns, health awareness, technological innovation, and government support, are driving robust growth in the North America aquaculture market, positioning it as a crucial component of the region's food security and sustainable development goals.
One significant opportunity for the North America aquaculture market lies in the expansion and modernization of offshore aquaculture. Unlike traditional nearshore or land-based farming, offshore aquaculture involves cultivating fish and other aquatic species in deeper, open waters, where environmental conditions can be more stable and less susceptible to coastal pollution or habitat disruption. This approach offers tremendous potential to increase production capacity without the spatial limitations and environmental concerns often associated with coastal farms. Advancements in technology, including robust cage designs, automated feeding systems, and remote monitoring through sensors and drones, are making offshore aquaculture more feasible and cost-effective. Moreover, offshore farms can reduce conflicts with coastal communities and tourism, helping address regulatory challenges and social acceptance. With growing seafood demand and limited wild fish stocks, offshore aquaculture presents a scalable solution to meet market needs sustainably. Investing in offshore farming infrastructure and research can unlock new production frontiers, boost economic growth in coastal regions, and enhance North America's position as a leader in sustainable aquaculture innovation.
Some of the key players 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, and Mariculture Technologies Inc. These players offer innovative products at affordable prices that attract a large number of consumers, opening new opportunities for them in the coming years.
The overall North America aquaculture market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the North America aquaculture market.
A major driver propelling the North America aquaculture market is the surging demand for sustainable and locally sourced seafood, fueled by increasing consumer awareness about environmental conservation and health benefits. Overfishing and depletion of wild fish stocks globally have raised concerns about the long-term viability of traditional fisheries, pushing consumers, retailers, and governments to seek alternative sources of seafood. Aquaculture presents a viable solution to this challenge by enabling controlled, efficient production of high-quality fish and aquatic plants without exerting additional pressure on wild populations. In North America, this shift toward sustainable seafood consumption is reflected in the growing preference for farm-raised species such as salmon, trout, catfish, and tilapia. Consumers are increasingly prioritizing seafood products that are traceable, environmentally responsible, and free from harmful chemicals or antibiotics. This has encouraged producers to adopt advanced farming technologies, such as recirculating aquaculture systems (RAS) and integrated multi-trophic aquaculture (IMTA), which reduce environmental footprints by recycling water, minimizing waste, and enhancing resource efficiency. Government support further amplifies this trend, with agencies like the National Oceanic and Atmospheric Administration (NOAA) and Fisheries and Oceans Canada (DFO) providing funding, research, and regulatory frameworks to promote sustainable aquaculture practices. These initiatives foster innovation, improve farm management, and ensure compliance with environmental standards.
Additionally, the health-conscious consumer base in North America values seafood for its nutritional benefits, including omega-3 fatty acids and high-quality protein, which boosts demand. The increasing popularity of aquaponics systems, which combine fish farming with plant cultivation, also highlights the region's commitment to sustainable food production. Together, these factors, environmental concerns, health awareness, technological innovation, and government support, are driving robust growth in the North America aquaculture market, positioning it as a crucial component of the region's food security and sustainable development goals.
One significant opportunity for the North America aquaculture market lies in the expansion and modernization of offshore aquaculture. Unlike traditional nearshore or land-based farming, offshore aquaculture involves cultivating fish and other aquatic species in deeper, open waters, where environmental conditions can be more stable and less susceptible to coastal pollution or habitat disruption. This approach offers tremendous potential to increase production capacity without the spatial limitations and environmental concerns often associated with coastal farms. Advancements in technology, including robust cage designs, automated feeding systems, and remote monitoring through sensors and drones, are making offshore aquaculture more feasible and cost-effective. Moreover, offshore farms can reduce conflicts with coastal communities and tourism, helping address regulatory challenges and social acceptance. With growing seafood demand and limited wild fish stocks, offshore aquaculture presents a scalable solution to meet market needs sustainably. Investing in offshore farming infrastructure and research can unlock new production frontiers, boost economic growth in coastal regions, and enhance North America's position as a leader in sustainable aquaculture innovation.
Some of the key players 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, and Mariculture Technologies Inc. These players offer innovative products at affordable prices that attract a large number of consumers, opening new opportunities for them in the coming years.
The overall North America aquaculture market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the North America aquaculture market.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global north america aquaculture market.
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- The key findings and recommendations highlight crucial progressive industry trends in the global north america aquaculture market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. North America Aquaculture Market Landscape
5. North America Aquaculture Market - Key Market Dynamics
6. North America Aquaculture Market Analysis
7. North America Aquaculture Market Volume and Revenue Analysis - by Product Type
8. North America Aquaculture Market Volume and Revenue Analysis - by Culture Environment
9. North America Aquaculture Market - Country Analysis
10. Competitive Landscape
11. North America Aquaculture Market Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | August 2025 |
| Forecast Period | 2024 - 2031 |
| Estimated Market Value ( USD | $ 21.92 Billion |
| Forecasted Market Value ( USD | $ 29.39 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
