Global Aquaculture Market Projected to Grow at 7.5% CAGR, Reaching $370.89 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Aquaculture Industry Market Size Be by 2025?
In the past few years, the aquaculture market has experienced robust growth. Its size is forecasted to increase from $262.03 billion in 2024 to $277.28 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.8%. The marked growth in the historic period is due to factors like enhanced farming of aquatic creatures, solid economic expansion in developing markets, an increase in disposable income, growth of government programs, and the urgent requirement to replenish threatened and endangered species populations.

What's the Long-Term Growth Forecast for the Aquaculture Market Size Through 2029?
In the coming years, the aquaculture market size is projected to witness robust growth. The industry is expected to expand to $370.89 billion by 2029, experiencing a compound annual growth rate (CAGR) of 7.5%. The market's growth during the forecast period is largely due to the increased demand for seafood, the rise in health-conscious consumers, increased need for fish oil in various sectors, along with global population growth and urbanization. Emerging trends within the forecast period include advancements in IoT connectivity and technology, the adoption of aquaculture drones, increased focus on research and development, AI applications, development of climate change-resistant species, and the surge of open-ocean aquaculture.

View the full report here:
https://www.thebusinessresearchcompany.com/report/aquaculture-global-market-report

What Are the Key Growth Drivers Fueling the Aquaculture Market Expansion?
The growth of the aquaculture market is likely to be spurred by the increasing demand for seafood. Seafood, which includes edible aquatic animals from both freshwater and marine environments like lobsters, mussels, crabs, and occasionally other marine lifeforms, is witnessing a surge in demand. This surge is amplifying the importance of aquaculture in the total supply of fish. For example, the Organization for Economic Cooperation and Development (OECD), an intergovernmental economic group based in France, estimates that 90% of the fish produced will be for human consumption, with a projected rise of 16.3% by 2029. Consequently, the escalating demand for seafood is set to fuel the expansion of the aquaculture market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6726&type=smp

What Are the Key Trends Driving Aquaculture Market Growth?
The aquaculture market is increasingly embracing IoT connectivity as a crucial trend. This use of IoT in the field of aquaculture allows for data collection, fish and water quality monitoring, as well as predicting disease and outbreak occurrences. The Aquaculture UK exhibition in 2022 saw the launch of the R3-IoT's Connected Seafarm system, which was designed specifically for the aquaculture industry to mitigate the challenges faced when digitizing remote aquaculture activities and locations. This Scottish company asserts that its Connected Seafarm is an extensive, all-inclusive data services solution. It enables smooth, wireless connection of smart devices from different parts of the world, including sensor and analytics platforms. Moreover, it has been designed for easy, quick installation, consistently collecting data and not necessitating any specialized internal technical know-how, regardless of the available connectivity infrastructure.

How Is the Aquaculture Market Segmented?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6726&type=smp

Which Companies Are Leading the Charge in Aquaculture Market Innovation?
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

Which Regions Are Leading the Global Aquaculture Market in Revenue?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6726

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.