Philippines Aquaculture Market 2025 | Expected to Reach 0.59 Million Tons by 2033

The latest report by IMARC Group, "Philippines Aquaculture Market Size, Share, Trends and Forecast by Fish Type, Environment, Distribution Channel, and Region, 2025-2033," provides an in-depth analysis of the Philippines aquaculture market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Philippines aquaculture market size reached 0.37 million tons in 2024 and is projected to grow to 0.59 million tons by 2033, exhibiting a robust growth rate of 4.74% during the forecast period.

Report Attributes and Key Statistics:

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Market Size in 2024: 0.37 Million Tons

Market Forecast in 2033: 0.59 Million Tons

Growth Rate (2025-2033): 4.74%

Philippines Aquaculture Market Overview:

The Philippines aquaculture market is experiencing robust growth driven by seaweed production reaching 1.4 million metric tons in 2024 contributing 66% of total fishery production positioning Philippines as 4th largest global seaweed cultivator, National Aquaculture Development and Management Plan 2025-2030 launched September 2024 promoting sustainability and competitiveness, and over 200,000 coastal families dependent on commercial seaweed farming. Enhanced Philippine Seaweed Development Program targets 5-10% annual production increases with farm gate value USD 2.14 billion. Favorable government policies, vast coastal and freshwater zones position aquaculture as critical food security and livelihood sector.

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Philippines Aquaculture Market Trends:

Philippines aquaculture market trends include seaweed dominance with production reaching 1.4 million metric tons in 2024 contributing 66% of total fishery output driven by rising global carrageenan demand supporting over 200,000 coastal families. Livestock Philippines and Aquaculture Philippines 2025 trade shows scheduled June 2025 under Department of Agriculture theme Empowering Agri-Fishery Through Modern Technology and Innovation featuring Sustainability Forum aligned with UN SDGs. Enhanced Philippine Seaweed Development Program FY 2025 aims 5-10% annual growth upgrading BFAR-operated seaweed culture laboratories for healthy propagule distribution. FAO projects local production reaching 965,000 metric tons by 2032 accounting for 34% total fisheries. Climate resilience focus addresses ice-ice disease and environmental stress through deeper farm site transfers. Women empowerment in seaweed farming strengthens community cohesion generating PHP 20,000-40,000 monthly compared to PHP 5,000 from fishing.

Philippines Aquaculture Market Drivers:

Philippines aquaculture market drivers include seaweed exports ranking among top three fisheries products with 1.6 million metric tons fresh production in 2023 yielding 228,570 metric tons processed seaweed valued PHP 12.7 billion (USD 218.6M) with U.S., China, Spain, Netherlands, and Brazil as primary markets. National Aquaculture Development and Management Plan 2025-2030 launched September 2024 first dedicated aquaculture roadmap promoting sustainability, productivity, and global competitiveness through broad stakeholder collaboration. Enhanced Philippine Seaweed Development Program allocating budget for quality propagule production and laboratory upgrades targeting 5-10% annual increases. Over 200,000 fisherfolk households approximately 1 million individuals dependent on seaweed culture providing employment generation in economically depressed coastal areas. FAO estimates 804,000 metric ton aquaculture production 2022 constituting 31% total fisheries with 965,000 metric ton projection by 2032. Favorable carrageenan industry outlook drives export revenue. Government feed subsidies and infrastructure support reduce operational costs enabling sectoral expansion.

Market Challenges:

• Climate Change increasing water temperature and storm frequency affecting seaweed health

• Disease Pressure with ice-ice disease and epiphytic pests threatening farm productivity

• Infrastructure Damage from typhoons destroying drying facilities and farming equipment

• Market Price Volatility affecting farmer income stability and investment capacity

• Post-Harvest Losses requiring improved processing and storage technologies

• Gender Inequality with women earning lower wages despite significant workforce participation

• Habitat Degradation from intensive farming practices affecting coastal ecosystems

Market Opportunities:

• Climate-Resilient Varieties developing seaweed strains tolerant to temperature stress

• Value-Added Processing producing refined carrageenan and specialty products

• Sustainable Certification accessing premium markets through eco-friendly practices

• Technology Adoption implementing RAS and aquaponics systems for efficiency

• Regional Diversification expanding milkfish, tilapia, and shrimp production

• Women Empowerment strengthening cooperative structures and financial inclusion

• Export Market Expansion targeting emerging Asian and European buyers

Browse the full report with TOC and List of Figures: https://www.imarcgroup.com/philippines-aquaculture-market

Philippines Aquaculture Market Segmentation:

By Fish Type:

• Freshwater Fish

• Molluscs

• Crustaceans

• Others

By Environment:

• Fresh Water

• Marine Water

• Brackish Water

By Distribution Channel:

• Traditional Retail

• Supermarkets and Hypermarkets

• Specialized Retailers

• Online Stores

• Others

By Regional Distribution:

• Luzon

• Visayas

• Mindanao

Philippines Aquaculture Market News:

October 2025: PRC rescheduled Fisheries Professional Licensure Examination aquaculture subject to October 11, 2025 following 4.4 magnitude earthquake in Baguio City demonstrating sector's professional development importance and regulatory framework advancement.

October 2025: Northern Cebu aquaculture sector sustained PHP 9.3 million damages from September 30 earthquake affecting fish cages, pens, and ponds with Bogo City reporting PHP 700,000 losses highlighting climate and disaster vulnerability.

June 2025: Livestock Philippines and Aquaculture Philippines 2025 trade shows scheduled featuring Department of Agriculture theme Empowering Agri-Fishery Through Modern Technology with Sustainability Forum, conferences, and recognition programs supporting industry advancement.

May 2025: Environmental Impacts of Aquaculture research published confirming Philippines 11th-largest aquatic animal producer and 4th largest seaweed cultivator globally with 2022 production 2.35 million MT (1.02% global output) and seaweed 1.34 million MT (3.82% global).

Key Highlights of the Report:

• Market analysis projecting growth from 0.37 million tons (2024) to 0.59 million tons (2033) with 4.74% CAGR

• Seaweed production reaching 1.4 million MT in 2024 contributing 66% total fishery output

• National ADMP 2025-2030 launched September 2024 as first dedicated aquaculture roadmap

• Over 200,000 coastal families dependent on commercial seaweed farming

• Enhanced program targeting 5-10% annual seaweed production increases

• Seaweed dominating fish type segment as primary aquaculture commodity

• Bangsamoro and Palawan leading regions with highest seaweed production concentration

Frequently Asked Questions (FAQs):

Q1: What are the primary factors driving Philippines aquaculture market growth to 0.59 million tons by 2033?

A1: The market is driven by seaweed exports ranking among top three fisheries products with 1.6 million MT fresh production 2023 yielding 228,570 MT processed valued PHP 12.7 billion targeting U.S., China, Spain markets, National ADMP 2025-2030 launched September 2024 promoting sustainability and competitiveness, and Enhanced Seaweed Development Program targeting 5-10% annual increases. Over 200,000 fisherfolk households dependent on seaweed culture providing employment in coastal areas, FAO projecting 965,000 MT by 2032, and favorable carrageenan outlook drive the 4.74% growth rate.

Q2: How are government programs and sustainability initiatives transforming the Philippines aquaculture landscape?

A2: National ADMP 2025-2030 launched September 2024 represents first dedicated aquaculture roadmap developed through broad stakeholder consultation promoting equity, climate resilience, and collaboration. Enhanced Seaweed Development Program allocates budget for quality propagule production and BFAR laboratory upgrades targeting 5-10% annual growth. Livestock and Aquaculture Philippines 2025 scheduled June with Sustainability Forum aligned with UN SDGs. Climate resilience focus addresses ice-ice disease through deeper farm sites. These developments position government support and sustainability as fundamental drivers supporting food security and livelihood objectives.

Q3: What opportunities exist for aquaculture stakeholders in emerging Philippines market segments?

A3: Stakeholders can capitalize on climate-resilient varieties developing seaweed strains tolerant to temperature stress, value-added processing producing refined carrageenan and specialty products, and sustainable certification accessing premium markets through eco-friendly practices. Technology adoption implementing RAS and aquaponics, regional diversification expanding milkfish, tilapia, and shrimp production, and women empowerment strengthening cooperatives represent significant opportunities alongside export market expansion targeting emerging Asian and European buyers supporting economic growth and coastal community development addressing 200,000+ fisherfolk household livelihoods.

Note: If you require specific information not currently within the scope of the report, we can provide it as part of the customization.

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