Asia Pacific Aquaculture Market Size, Share, By Environment (Marine Water, Fresh Water, and Brackish Water), Fish Type (Carps, Mollusks, Crustaceans, Mackerel, Sea Bream, and Others), End-User (Retail, Food Processing Industry, Restaurants and Food Service, Animal Feed Industry, Pharmaceutical and Nutraceuticals Industries, and Others), and Country - Trends, Analysis, and Forecast till 2035

• The Asia Pacific aquaculture market size is projected to grow to USD 132.0 Billion by 2035.
• The market recorded a valuation of USD 83.0 Billion in 2025.
• The market is continues to expand at a CAGR of 3.5%.

Aquaculture is the controlled process of cultivating aquatic organisms, especially for human consumption. It’s a similar concept to agriculture, but with fish instead of plants or livestock. Aquaculture is also referred to as fish farming. The Asia Pacific aquaculture market growth is driven by several factors including a large and growing population, increasing demand for seafood due to dietary shifts, declining wild fish stocks from overfishing, favorable government policies, rising disposable incomes, and advancements in aquaculture technology, making it a reliable source of protein for the region.

Key Takeaways:

• China has the largest share of aquaculture production in Asia Pacific and the world. This is due to its large coastline, advanced aquaculture infrastructure, and government support.
• China will produce 65.7 million metric tons (MT) of seafood in 2021, rising to 66.1 million MT in 2022, according to figures released by SeafoodSource. Between 2017 and 2020, China's total seafood production increased from 64.5 million MT to 65.4 million MT. The total amount of freshwater and saltwater aquaculture produced in China will keep rising.

Key Drivers of Target Market:

Urbanization and Changing Lifestyles Could Accelerated Market Growth

More individuals have been migrating to cities to take advantage of the region's rapid urbanization, which usually stimulates the need for convenience foods, such as prepared seafood. Although seafood can be produced responsibly and is comparatively easy to transport, this shift has encouraged the Asia Pacific aquaculture market's evolution.

• For instance, according to the data published by United Nations Human Settlements Programme, urbanization continues to be a defining megatrend in the Asia-Pacific region. Fifty-four per cent of the global urban population, more than 2.2 billion people, live in Asia. By 2050, the urban population in Asia is expected to grow by 50% - an additional 1.2 billion people.

Restraints:

Notoriously Difficult to Certify may Impede Market Growth

Aquaculture supply chains are complex and opaque with a larger number of intermediaries. As a result, seafood buyers have struggled to assure that they are purchasing sustainably sourced seafood.  Additionally, certification protocols and farm audits often cannot effectively uncover human rights abuses or address social issues.

• Counterbalance Statements: Certifying aquaculture farms is challenging, but a combination of technology, improved standards, education, and government support can significantly ease this process.

Opportunities:

Emergence of AI in Aquaculture may Raise Demand in the Years to Come

Artificial intelligence (AI) has become increasingly relevant in aquaculture research and production in recent years with both startups and established companies developing new AI based applications for the industry. AI is currently being evaluated and deployed in aquaculture for improving feeding efficiency, biomass estimation, growth tracking, early detection of diseases, environmental monitoring and control (especially in RAS) and reduction of labour costs.

• For instance, in March 2024, Indonesian aquaculture firm eFishery has acquired local artificial intelligence (AI) company DycodeX for an undisclosed amount, part of its plan to launch 10 new products over the next two to three years. The acquisition paves the way for launch of more platforms and aquaculture intelligence solutions.

Environment, fish type, and end-user are the categories used to categorize the Asia Pacific aquaculture market.

Environment

The market is divided into freshwater, brackishwater, and marine water based on the environment. Freshwater has largest Asia Pacific aquaculture market share due to its relative simplicity of management and abundance are the reasons behind this.

Fish Type

The Asia Pacific aquaculture market is divided into several categories of fish, including sea bream, mackerel, crabs, carps, mollusks, and others. The target market will likely to be predominantly dominated by mollusks considering their high demand and widespread usage in many cuisines.

End-User

Retail, food processing, restaurants and food service, animal feed, pharmaceutical, and nutraceuticals are some of the sub-divisions of the market by end-user. Due to the nation's burgeoning tourism sector and altering preferences among consumers, the restaurant and food service enterprises are perceived to be ruling the market.

Asia Pacific Aquaculture Market Report Scope:

Segmentation:

By Environment:

• Marine Water
• Fresh Water
• Brackish Water

By Fish Type:

• Carps
• Mollusks
• Crustaceans
• Mackerel
• Sea Bream
• Others

By End User:

• Retail
• Food Processing Industry
• Restaurants and Food Service
• Animal Feed Industry
• Pharmaceutical and Nutraceuticals Industries
• Others

By Region:

• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia-Pacific

The key players operating in the Asia Pacific aquaculture market include Charoen Pokphand Foods PCL,  Avanti Feeds Limited, Thai Union Group PCL, GREENFEED VIETNAM, and among others. Key strategies for aquaculture companies in the Asia Pacific region include: focusing on sustainable practices, adopting advanced technologies, including recirculating aquaculture systems (RAS), diversifying species, investing in research and development (R&D) for disease control, building strong market linkages.

List of Key Players in the Market:

• Charoen Pokphand Foods PCL
• Avanti Feeds Limited
• Thai Union Group PCL
• GREENFEED VIETNAM
• Nissui
• Maruha Nichiro Corporation
• Dongwon Group
• Tassal Group Limited
• Huon Aqua
• Cargill, Incorporated
• AusAquaTec
• OKAMURA FOODS
• Marubeni Corporation

• In August 2024, Constellar and MY Exhibition Co., Ltd announced a strategic partnership for boosting the agri-food tech and aquaculture sectors in Singapore and Taiwan region. This collaboration contributed to the broader goal of leveraging technology to advance Asia's agriculture industry, fostering innovation, sustainability, and economic growth.
• In December 2023, Southeast Asia's leading aquaculture company, eFishery, announced the completion of its commercial pilot in India, marking a significant milestone in its global expansion journey. This achievement brings the firm closer to expand its footprint to five new Indian states by the end of 2024.

More Related Reports

Aquaculture Market
Marine Lubricants Market
EV Charging Software Market
Marine Collagen Market
Leisure Boat Marine Coatings Market