Aquaculture Market Size, Share, Opportunities, And Trends By Species (Fish (Sea Bass, Salmon, Carp, Others), Prawns & Shrimps, Oysters & Clams, Others), By Environment (Brackish Water, Marine Water, Fresh Water), By Farming Type (Pond Aquaculture, Cage Aquaculture, Recirculating Aquaculture, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Feb 2025
  • Report Code : KSI061610762
  • Pages : 142
excel pdf power-point

Aquaculture Market Size:

The aquaculture market will grow at a CAGR of 4.95% to reach US$425.39 billion in 2030 from US$334.10 billion in 2025.

Aquaculture, commonly known as aqua farming, is the methodical cultivation of aquatic organisms and plants under controlled conditions. This comprehensive approach involves careful management of aquatic life, including processes such as breeding, rearing, and eventual harvest. The practice extends to various water environments, encompassing rivers, ponds, lakes, oceans, freshwater bodies, and brackish waters. One of the primary objectives of aquaculture is the conservation of endangered species, as it provides a controlled environment for their reproduction and growth. Beyond its conservation role, aquaculture significantly contributes to boosting productivity in the seafood industry and addressing trade deficits associated with seafood imports. This cultivation method also plays a pivotal role in waste reduction by creating a controlled system for the disposal of organic matter. Aquaculture stands out to offer a secure and sustainable breeding environment, ensuring the responsible use of aquatic resources. This sustainable approach aligns with global efforts to address overfishing and environmental concerns associated with traditional fishing practices. As a result, aquaculture has become a crucial and globally significant practice with widespread applications, serving commercial, recreational, and scientific objectives. In essence, aquaculture is a multifaceted and indispensable tool that not only supports the biodiversity of aquatic life but also addresses pressing issues related to food security, conservation, and environmental sustainability on a global scale.

Aquaculture Market Growth Drivers:

  • Increasing demand for aquaculture products owing to associated health benefits boosts the growth of the market.

The surging demand for fish oil, attributed to its rich omega-3 fatty acid content, is poised to drive market growth. Omega-3 fatty acids, recognized for their therapeutic benefits in treating cardiovascular diseases, have been noted for their capacity to lower blood fat levels. As per the Marine Ingredients Organisation (IFFO) report, approximately 75% of fish oil is now allocated for aquaculture, 15% for human consumption, and 10% for other purposes, reflecting a slight shift toward greater aquaculture utilization compared to 2020. There is an increasing trend of producing fishmeal and fish oil from by-products of fish processing in both capture and aquaculture, leading to a positive impact on reducing waste. While fillets hold the highest value in terms of protein, various parts such as heads, frames, fillet cut-offs, belly flaps, and specific viscera components like liver and roe serve as valuable sources of nutrients. These include long-chain omega-3 fatty acids, as well as essential vitamins A, D, and B12, along with minerals such as iron, zinc, calcium, phosphorus, and selenium. In July 2022, the National Institutes of Health (NIH) issued a fact sheet on Omega-3 fatty acids, stating that the American Heart Association (AHA) advises incorporating one to two servings of seafood into one’s weekly diet. This is to lower the risk of certain heart problems, particularly when replacing less healthy food choices. For individuals with heart disease, the AHA suggests a daily intake of about 1 g of EPA plus DHA, preferably from oily fish. However, supplements are a viable option under the supervision of a healthcare provider.

Aquaculture Market Geographical Outlook:

  • It is projected that the aquaculture market in the Asia Pacific will grow steadily. 

Fisheries is one of the pivotal segments in the Indian economy and India is the second largest producer of fish after China. In 2023, India's total fish production reached 16.2 million metric tons, with aquaculture contributing nearly 75% of this output. Moreover, factors such as increasing population, changing dietary habits, and rising disposable income with the people are also facilitating market growth for Indian aquaculture in the projected period. Additionally, the Indian government has been taking various initiatives to promote the growth of aquaculture in the country. For instance, the government has set up the National Fisheries Development Board (NFBD), which is a government body that aims to promote and develop the fisheries and aquaculture sectors in the country. This board also provides financial assistance and aid to farmers and entrepreneurs who are engaged in the aquaculture industry. Various other steps are also taking place, by some private organizations, to promote the growth of aquaculture in the country. For instance, in November 2022, on World Fisheries Day, Tamil Nadu Dr J. Jayalalithaa Fisheries University launched insurance for freshwater fish farming and shrimp farming. The project aims to provide shrimp aquaculture facilitation in terms of affordable finance and insurance to guarantee continuous production. Further, the public-private partnership, new farming technologies, and enhanced digital literacy among farmers are expected to boost the Indian aquaculture market in the forecast period.

According to the Ministry of Fisheries, Animal Husbandry & Dairying, the inland production of fisheries and aquaculture has doubled from 2013-14 to 2021-22. In 2013-14 the total inland production was 61.36 lakh tons in 2013-14 which increased to 121.12 lakh tons in 2021-22. These production metrics mark a significant achievement in boosting the economic prospects of aquaculture farmers. They also indicate a rising interest among the younger population in the fisheries and aquaculture sector as a profitable avenue for employment, revenue generation, and entrepreneurial ventures. As per the 2022 FAO-State of World Fisheries and Aquaculture report, India stands as the leading global producer of inland capture fish, showcasing its dominance in this sector.

The global aquaculture market report provides a detailed analysis of the industry landscape, offering strategic and executive-level insights supported by data-driven forecasts and analysis. This regularly updated report equips decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics. It explores consumer demand across various regions and product types, such as freshwater, marine, and brackish water aquaculture, while also examining purchasing behaviours and key customer segments. Additionally, the report delves into technological advancements, key government policies, regulations, and macroeconomic factors, delivering a comprehensive overview of the global aquaculture market

Aquaculture Market Segmentations:

Global Aquaculture Market Segmentation by species:

The market analyzed by species into the following:

  • Fish
    • Sea Bass
    • Salmon
    • Carp
    • Others
  • Prawns & Shrimps
  • Oysters & Clams
  • Others

Global Aquaculture Market Segmentation by environment:

The market analyzed by environment into the following:

  • Brackish Water
  • Marine Water
  • Fresh Water

Global Aquaculture Market Segmentation by farming type:

The market analyzed by farming type into the following:

  • Pond Aquaculture
  • Cage Aquaculture
  • Recirculating Aquaculture 
  • Others

Global Aquaculture Market Segmentation by regions:

The study also analysed the global aquaculture market into the following regions, with country level forecasts and analysis as below:

  • North America (US, Canada and Mexico)
  • South America (Brazil, Argentina, and Others)
  • Europe (Germany, France, United Kingdom, Spain, Italy and Others
  • Middle East and Africa (Saudi Arabia, UAE and Others)
  • Asia Pacific (China, India, Japan, South Korea, Taiwan, Thailand, Indonesia, and Others)

Global Aquaculture Market Competitive Landscape:

The global aquaculture market features key players such as Cooke Aquaculture Inc, MOWI ASA, Nireus Aquaculture SA (Andromeda Seafood), Tassal, Blue Ridge Aquaculture Inc, Cermaq, Stolt Sea Farm Limited, Stehr Group, Maruha Nichiro Corporation, Lerøy Seafood Group among others.

Global Aquaculture Market Report Coverage:

This report provides extensive coverage as explained in the points below:

  • Market size, forecasts, and trends by species, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
  • Market size, forecasts, and trends by environment, with historical revenue data and analysis.
  • Market size, forecasts, and trends by farming type, with historical revenue data and analysis.
  • The global aquaculture market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth. 
  • Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model. 
  • Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge. 
  • Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented. 

How this report is helpful to you and reasons for purchase?

  • The report provides a strategic outlook of the aquaculture market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
  • The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report. 
  • Analyst support through calls and email for timely clarification and incorporating additional requests. 
  • Option of presentation or doc format with the estimates file to take care of diverse requirements. 
  • 15% FREE customization with all our reports help cater additional requirements with significant cost-savings. 
  • Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Aquaculture Market Scope:

Report Metric Details
Aquaculture Market Size in 2025 US$334.10 billion
Aquaculture Market Size in 2030 US$425.39 billion
Growth Rate CAGR of 4.95%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Species
  • Environment
  • Farming Type
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Aquaculture Market
  • Cooke Aquaculture Inc
  • MOWI ASA
  • Nireus Aquaculture SA (Andromeda Seafood)
  • Tassal
  • Blue Ridge Aquaculture Inc
Customization Scope Free report customization with purchase

 

Our Best-Performing Industry Reports:


Frequently Asked Questions (FAQs)

The aquaculture market is expected to reach a total market size of US$425.39 billion by 2030.

Aquaculture Market is valued at US$334.10 billion in 2025.

The aquaculture market is expected to grow at a CAGR of 4.95% during the forecast period.

Rising seafood demand, technological advancements, sustainability efforts, and government support are key drivers of aquaculture growth.

The Asia-Pacific region is anticipated to hold a significant share of the aquaculture market.

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. GLOBAL AQUACULTURE MARKET BY SPECIES

5.1. Introduction

5.2. Fish

5.2.1. Seabass

5.2.2. Salmon

5.2.3. Carp

5.2.4. Others

5.3. Prawns & Shrimps

5.4. Oyesters & Clams

5.5. Others

6. GLOBAL AQUACULTURE MARKET BY ENVIRONMENT

6.1. Introduction

6.2. Brackish Water

6.3. Marine Water

6.4. Fresh Water

7. GLOBAL AQUACULTURE MARKET BY FARMING TYPE

7.1. Introduction

7.2. Pond Aquaculture

7.3. Cage Aquaculture

7.4. Recirculating Aquaculture

7.5. Others

8. GLOBAL AQUACULTURE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Italy

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indosneisa

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Cooke Aquaculture Inc

10.2. MOWI ASA

10.3. Nireus Aquaculture SA (Andromeda Seafood)

10.4. Tassal

10.5. Blue Ridge Aquaculture Inc

10.6. Cermaq

10.7. Stolt Sea Farm Limited

10.8. Stehr Group

10.9. Maruha Nichiro Corporation

10.10. Lerøy Seafood Group

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Cooke Aquaculture Inc

MOWI ASA

Nireus Aquaculture SA (Andromeda Seafood)

Tassal

Blue Ridge Aquaculture Inc

Cermaq

Stolt Sea Farm Limited

Stehr Group

Maruha Nichiro Corporation

Lerøy Seafood Group