Press release
Land Based Fish Farming Market is projected to reach around USD 26 billion by 2034
Land Based Fish Farming
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Market Overview
According to the report, the global land based fish farming market was valued at approximately USD 12.5 billion in 2024 and is projected to reach around USD 26 billion by 2034, expanding at a CAGR of about 8.0% during the forecast period (2025-2034).
Segmentation & Key Insights
The study offers detailed market segmentation by:
• Product Type: Salmon, Tilapia, Catfish, Trout, Other species
• Technology: Recirculating Aquaculture Systems (RAS), Tank systems, Hybrid systems
• End Users: Foodservice (restaurants, catering), Retail (supermarkets, fish markets), Direct to consumer
• Size of Operation: Small scale, medium scale, large scale farms
• Distribution Channels: Online and offline channels
• Geographical Regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Key Market Drivers & Trends
• Sustainable Protein Demand: Growing consumer awareness regarding environmental sustainability and overfishing is increasing demand for sustainably farmed fish.
• Technological Advancements: Adoption of advanced systems such as Recirculating Aquaculture Systems (RAS) enhances water efficiency, biosecurity, and production yield.
• Urbanization & Local Sourcing: Urban populations are pushing demand for fresh, locally produced seafood, aligning with broader food security goals.
• Rising Investments: Increased R&D investments are driving innovations across feeding, water treatment, and monitoring technologies, further boosting growth.
Explore Full Report here: https://exactitudeconsultancy.com/reports/70184/land-based-fish-farming-market
Regional Insights
• Europe currently leads the global market, accounting for roughly 40% of total revenue in 2024, driven by strong regulatory support and consumer preferences for sustainable aquaculture products.
• North America is emerging as one of the fastest growing regions with an ~8% CAGR, propelled by technology adoption and infrastructure investments.
• Asia Pacific also presents promising growth due to expanding aquaculture initiatives and rising seafood consumption.
Competitive Landscape
Key companies shaping the land based fish farming market include:
• Mowi ASA
• Marine Harvest
• Regal Springs
• Cermaq
• Thai Union Group
• Nippon Suisan Kaisha
• Grieg Seafood
• Selonda Aquaculture
• Tassal Group
• Benchmark Holdings
• Cooke Aquaculture
• Aquaculture Technologies
• Huon Aquaculture
• Ocean Harvest Technology
• Adroit Fish Farming
Challenges & Opportunities
While the market shows robust growth potential, challenges such as high capital investment requirements, regulatory barriers, supply chain disruptions, and raw material price volatility may temper expansion. However, innovations in aquaponics and integrated multi trophic aquaculture systems present significant opportunities for sustainable and high efficiency fish production.
Strategic Importance
Land based fish farming plays a pivotal role in meeting the rising global demand for seafood while reducing reliance on traditional capture fisheries. With aquaculture now accounting for a substantial share of global fish production, sustainable fish farming technologies are increasingly crucial for food security and environmental stewardship.
This report is also available in the following languages : Japanese (陸上養殖市場), Korean (육상 양식 시장), Chinese (陆基养鱼市场), French (Marché de l'aquaculture terrestre), German (Markt für landbasierte Fischzucht), and Italian (Mercato dell'allevamento ittico terrestre), etc.
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https://exactitudeconsultancy.com/reports/75699/aquaculture-pumps-market
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https://exactitudeconsultancy.com/reports/57649/global-aquaculture-uv-water-treatment-systems-market
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