Aquaculture Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities

The Aquaculture Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Aquaculture Market?
The aquaculture industry has seen robust growth in the last few years. The market, which was valued at $262.03 billion in 2024, is projected to reach a value of $277.28 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.8%. The significant growth in the past years has been due to factors such as increased farming of aquatic creatures, strong economic growth in developing markets, an increase in disposable income, growth in government initiatives and the need for the restoration of threatened and endangered species populations.

In the forthcoming years, a robust expansion is anticipated in the aquaculture market, with its value potentially reaching $370.89 billion in 2029, reflecting a compound annual growth rate (CAGR) of 7.5%. Factors such as escalating demand for seafood, the rising population of health-centric consumers, increased necessity for fish oil in diverse industries, alongside global populace augmentation and urbanization contribute to this upward trend in the forecast period. Other influential trends during this duration are anticipated to be IoT connectivity, advances in technology, the use of drones in aquaculture, research and development initiatives, leveraging artificial intelligence, breeding of species resistant to climate change, and open-ocean aquaculture.

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What Are the Different Aquaculture Market Segments?
The aquaculture market covered in this report is segmented -

1) By Fish Type: Carps, Mollusks, Crustaceans, Mackerel, Sea Bream, Other Fish Types
2) By Environment: Marine Water, Fresh Water, Brackish Water
3) By Rearing Product Type: Equipment, Chemicals, Pharmaceuticals, Fertilizers
4) By Species: Aquatic Animals, Aquatic Plants
5) By Distribution Channel: Traditional Retail, Supermarkets And Hypermarkets, Specialized Retailers, Online Stores, Other Distribution Channels

Subsegments:
1) By Carps: Common Carp, Grass Carp, Silver Carp
2) By Mollusks: Oysters, Clams, Mussels
3) By Crustaceans: Shrimp, Crabs, Lobsters
4) By Mackerel: Atlantic Mackerel, Pacific Mackerel
5) By Sea Bream: Gilthead Sea Bream, Black Sea Bream
6) By Other Fish Types: Tilapia, Salmon, Catfish

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What Are the Primary Drivers Shaping the Aquaculture Market?
The surge in seafood popularity is predicted to drive an increase in the size of the aquaculture market. Seafood, which includes edible aquatic animals from both freshwater and ocean environments like lobsters, mussels, and crabs, is seeing a growing demand that bolsters the significance of aquaculture in the overall fish supply. For example, the Organization for Economic Cooperation and Development (OECD), based in France, projects that 90% of fish production will be used for human consumption, with an expected rise by 16.3% by 2029. This ascending demand for seafood is set to fuel the expansion of the aquaculture market.

Which Companies Are Leading in the Aquaculture Market?
Major companies operating in the aquaculture market include Austevoll Seafood ASA, Cermaq ASA, Nippon Suisan Kaisha Ltd (Nissui), P/F Bakkafrost, Tassal Group Limited, Grieg Seafood ASA, Zhanjiang Guolian Aquatic Products Co. Ltd., Cooke Aquaculture Inc., Maruha Nichiro Corporation, Stolt Nielsen Ltd., Charoen Pokphand Foods Pcl, Dainichi Corporation, Thai Union Group Plc, Pioneer Group, Dalian Yi Qiao Sea Cucumber Ltd, Dahu Aquaculture Company Limited, Zoneco Group, Shandong Homey Aquatic Development Co. Ltd, Zeal Aqua Ltd, Apex Frozen Foods Ltd, Northeast Nutrition Scotland Limited, George S. Forman Limited, Highland Smoked Salmon (Scotland) Limited, Kames Fish Farming Limited, Offshore Shellfish Limited, Aanderaa A Xylem Brand, Enexio Water Technologies Gmbh, Landing Aquaculture, Aquamaof Aquaculture Technologies Ltd, Holland Aqua B. V, Enpi Lake Fishing S.R.L, Almar Seafood Ltd, Alva Nord Ltd, Pentair Plc, Xylem Inc, Aquaculture System Technologies Llc, CPI Equipment Inc, Lifegard Aquatics, Reef Industries Inc, Aquaculture Of Texas, Blue Ridge Aquaculture Inc, American Abalone Farms Incorporated, Sea Watch International Ltd, Jbs S. A, Inve Aquaculture, Skretting, Jazan Energy And Development Company, Tabuk Fisheries Company, Tharawat Seas, Aquaculture Sharq Farms, Wahat Alreem Fish & Live Animals Trading, Pristine Fish Farm, African Marine Products (Pty) Ltd, Aquanion, Blue Ocean Mussels (Pty) Ltd

What Are the Major Trends Shaping the Aquaculture Market?
In the aquaculture market, IoT connectivity is an emerging trend that's generating a lot of interest. IoT technology is being utilized in the field of aquaculture to collect information, keep an eye on fish and water quality, and predict diseases and epidemics. R3-IoT launched its cutting-edge Connected Seafarm platform at the 2022 Aquaculture UK exhibition. This system was specifically designed for the aquaculture industry to overcome the challenges involved in digitizing remote aquaculture activities and locations. The Scottish company states that its Connected Seafarm is a comprehensive data services solution that wirelessly links intelligent devices globally, ranging from sensors to analytics platforms. Moreover, it is designed for quick, easy installation and it provides automatic, uninterrupted data collection, irrespective of the existing connectivity infrastructure and without requiring specialized internal technical skills.

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What Are the Top Revenue-Generating Geographies in the Aquaculture Market?
Asia-Pacific was the largest region in the aquaculture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aquaculture Market?
2. What is the CAGR expected in the Aquaculture Market?
3. What Are the Key Innovations Transforming the Aquaculture Industry?
4. Which Region Is Leading the Aquaculture Market?

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