Global Aquaculture Market By Environment Overview
Introduction:
Aquaculture Market was valued at US$ 175.3 Billion in 2024 and is projected to grow at a CAGR of 5.30% to reach US$ 292.7 Billion by 2034.
Aquaculture is a process of breeding, rearing, and harvesting of fish, shellfish, algae, plants, and another aquatic organism. The aquaculture can be conducted into fresh, marine, and brackish water bodies. Aquaculture is production of aquatic animals and plants under managed and partially controlled conditions. The aquaculture is done in both coastal and inland areas involving interventions in the rearing process to enhance the production of aquatic animals and plants for human consumption. It is also known as ‘aqua farming’ or ‘aquiculture’. Aquaculture is the purposeful cultivation and subsequent harvesting of both freshwater and marine aquatic plants and animals. There are different types of aquaculture activity is practiced such as water-based systems (cages and pens, inshore/offshore), land-based systems (rainfed ponds, irrigated or flow through systems, tanks and raceways), recycling systems (high control enclosed systems, more open pond-based recirculation).
Global Aquaculture Market By Environment Dynamics
Rising initiatives by government bodies
The increased human consumption of aquatic animals is the major driver factor for the aquaculture market. Furthermore, the aquaculture is also done for aesthetic or recreational purpose, such as water gardens, aquarium, sport fish ponds. Moreover, the aquaculture is conducted by rural farmers in developing nations to supply food for their families. Whereas, in developed countries the aquaculture market is expected to boost due to increased awareness regarding consumption of protein rich meats. As aquatic products are considered as a high nutritious source of food as it consists of proteins, vitamins A,B,D & niacin and minerals like iodine, iron, phosphorus and zinc.
However, disease management and feed supply are the challenges faced by the aquaculture market, which hampers the growth of market.
Global Aquaculture Market By Environment Segmentation
The aquaculture market is segmented based on environment, product, and region.
On the basis of environment, the aquaculture market is segmented into fresh water, marine water, and brackish water. Further, on the basis of product, the aquaculture market is segmented into crap, crustaceans, mackerel, milkfish, mollusks, salmon, sea bass, trout, and others.
Regional Insights:
The aquaculture market accounted for US$ 175.3 Billion in 2024 and is estimated to be US$ 292.7 Billion by 2034 and is anticipated to register a CAGR of 5.30%. On region the aquaculture market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to account for significant share in aquaculture market and continue is dominance over the forecast period followed by markets in another region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
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Market Segmentation |
By Environment- Fresh Water, Marine Water, Brackish Water By Product– Crab, Crustaceans, Mackerel, Milkfish, Mollusks, Salmon, Sea Bass, Sea Bream, Trout and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the aquaculture market report based on environment, product, and region.
Aquaculture Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Aquaculture Market By Environment Key Players
The key players operating in the aquaculture market includes Cermaq Group AS, Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Lerøy Midt AS, Marine Harvest ASA, P/F Bakkafrost, Tassal Group Limited, Thai Union Group Public Company Limited, Blue Ridge Aquaculture, Inc., and Huon Aquaculture Group Limited.
Cooke Aquaculture Inc:
It has been named one of Canada’s Best Managed Companies for the 17th consecutive year. True North seafood acquires marine seafood for increasing the production and to meet the demand of seafood across the globe.
Global Aquaculture Market By Environment Company Profile
- Cermaq Group AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cooke Aquaculture Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grupo Farallon Aquaculture
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lerøy Midt AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Marine Harvest ASA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- P/F Bakkafrost
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tassal Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thai Union Group Public Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Blue Ridge Aquaculture, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huon Aquaculture Group Limited.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Aquaculture Market By Environment Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for Aquaculture Strategies
- Key Questions this Study will Answer
- Market Snippet, By Environment
- Market Snippet, By Product
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Environment Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Fresh Water
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Marine Water
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Brackish Water
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
Market Segmentation, By Product, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Crap
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Crustaceans
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Mackerel
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Milkfish
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Mollusks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Salmon
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Sea Bass
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Sea Bream
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Trout
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
Global Market, By region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Environment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Environment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Environment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
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- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Environment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Environment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Cermaq Group AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cooke Aquaculture Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grupo Farallon Aquaculture
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lerøy Midt AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Marine Harvest ASA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- P/F Bakkafrost
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tassal Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thai Union Group Public Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Blue Ridge Aquaculture, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huon Aquaculture Group Limited.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Aquaculture market is segmented into basis of environment, product, and region.
The global aquaculture market is expected to register moderate growth over the forecast period. This is attributed to the increasing consumption of aquatic animals, owing to rising awareness regarding health benefits and nutritional value in the seafood.
By region, Asia-Pacific aquaculture market accounted for major revenue share of the global aquaculture market and is further anticipated to maintain its dominance over the forecast period.
The Key players operating in the global Aquaculture market include Cermaq Group AS, Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Lerøy Midt AS, Marine Harvest ASA, P/F Bakkafrost, Tassal Group Limited, Thai Union Group Public Company Limited, Blue Ridge Aquaculture, Inc., and Huon Aquaculture Group Limited.