Fish Market Size to Reach USD 1.29 Trillion by 2031, Driven by Rising Seafood Consumption and Aquaculture Expansion

Global Fish Market Outlook

The global fish market plays a critical role in the world food system, supplying a primary source of animal protein to populations across developed and emerging economies. According to Mordor Intelligence, the fish market size is estimated at USD 1.02 trillion in 2026 and is projected to reach USD 1.29 trillion by 2031, reflecting consistent demand growth across regions.

The fish industry encompasses both wild-capture fisheries and farmed fish production, covering end-to-end activities including harvesting, aquaculture, processing, trade, and pricing. Together, these factors are supporting stable fish market growth and reinforcing fish as a preferred and accessible protein source globally.

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Key Trends Shaping the Fish Market

Rising Preference for Fish as a Healthy Protein Source

One of the most prominent fish market trends is the growing global preference for fish over red and processed meats. Consumers increasingly recognize fish for its nutritional benefits, including support for heart health, brain development, and balanced diets. This shift is sustaining demand across income levels and supporting long-term fish market forecast stability.

Expansion of Aquaculture to Balance Supply and Demand

Aquaculture continues to strengthen its contribution to the fish market share as pressure on wild fish stocks increases. Farmed fish enables predictable output, improved biosecurity, and scalable production, allowing suppliers to meet both domestic consumption and export demand more efficiently. This expansion is a key pillar of ongoing fish market growth.

Strengthening Cold Chain and Distribution Infrastructure

Improvements in cold storage, refrigerated transport, and logistics networks are reshaping the fish market outlook, particularly in developing regions. Enhanced cold chain infrastructure reduces post-harvest losses, preserves product quality, and allows fish to reach inland and remote markets, broadening consumer access and supporting market expansion.

Growing Emphasis on Sustainability and Traceability

Sustainability and traceability have become important differentiators within the fish industry, especially in premium and export-oriented markets. Buyers increasingly assess sourcing practices, environmental impact, and certification standards. This trend is influencing fishing methods, aquaculture practices, and marketing strategies, shaping future fish market trends.

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Fish Market Segmentation Overview
By Geography

- North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Others

Report Coverage Includes

- Production Analysis (Volume)
- Consumption Analysis (Value and Volume)
- Export Analysis (Value and Volume)
- Import Analysis (Value and Volume)
- Wholesale Price Trend Analysis

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Fish Market Forecast and Outlook
The fish market forecast indicates steady and balanced expansion through 2031, supported by rising seafood consumption, expanding aquaculture capacity, and improving global distribution systems. While sustainability and resource management remain ongoing challenges, industry investments in responsible fishing, traceability, and cold-chain efficiency are strengthening long-term resilience.

In the coming years, fish market size and fish market share are expected to reflect broad-based growth, with Asia-Pacific maintaining a leading role and other regions gradually increasing their contribution. Overall, the fish Industry remains a vital component of global food security, offering long-term relevance, adaptability, and consistent demand.

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Get more insights: https://www.mordorintelligence.com/industry-reports/aquaculture-in-the-united-arab-emirates-industry?utm_source=openpr

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Get more insights: https://www.mordorintelligence.com/industry-reports/date-market?utm_source=openpr

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