"Yield Higher Revenue with our Exclusive Insights "

Aquaculture Market Size, Share & Industry Analysis, By Type (Fish, Seaweed, Crustaceans (crabs, lobsters, crayfish, shrimps, prawns, and others)), By Water Environment (Fresh Water, Marine Water) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102100 | Status : Ongoing



The aquaculture market is witnessing a radical transferral towards longevity and viability in the global market place. The emerging need for innovative solutions for the food and beverage sector has resulted in the widespread concept of precision farming concepts across the world. Aquaculture is one of the modified arrangements for breeding, rearing, and harvesting the fish, algae, shellfish, and other such organisms in all types of water environments. The aquaculture remains a critical business area to cater to the increased global demand in food sectors and to address the agricultural challenges in the global market place.

The manufacturers, producers, and growers are capitalizing on promoting the growth of aquaculture across the globe to utilize fish, shellfish, seaweed, shrimps, and other seafood. The Food and Agriculture Organisation (FAO) 2016 report states that the global aquaculture production including aquatic plants, was 110.2 million tonnes with an estimated value of US$ 253 billion in 2016, which is further expected to increase in the foreseeable years.

Key Market Driver -

Robust Growth of Marine and Associated Sectors, Growing Demand for Organic Food Products, and Expanding Agricultural Sectors across the Globe

Key Market Restraint -

High Cost of Production and Stringent Government Regulations for Organic Farming

The rising demand for seafood, and yield growth promoters among the growers are one of the significant growth promoters for the aquaculture market. The consumers are inclining their food preferences towards innovative and organic seafood-based food products, which is encouraging manufacturers and producers to expand their aquaculture business in the global market place. The increasing utility of aquatic animals and substances in food services sectors has assured the future expansion of the aquaculture market during the forecast period (2019-2026).  

Key Players Covered:

Some of the primary key players that are operating in the global aquaculture market include Nireus SA, Ltd., Tongwei Group Co., P/F Bakkafrost, Stoly Sea Farm SA, Thai Union Group PCL, Dainichi Corporation, MOWI ASA, Nippon Suisan Kaisha Ltd, Austevoll Seafood ASA, SalMar ASA, Cooke Aquaculture, Inc., Norway Royal Salmon ASA, Tassal Group Ltd, Multiexport Foods SA, Camanchaca SA, Kyokuyo Co., Ltd., Surapon Foods Public Company Limited, and Maruha Nichiro Corporation.

Fishes are one of the significant consuming seafood across the world and gaining massive popularity across several application sectors. The growers and animal feed manufacturers also utilize seaweeds for yield growth in the world. Liquid extracts of marine brown seaweed are majorly marketed and used for agricultural and horticultural purposes. The manufacturers are utilising such extracts for bio-agricultural inputs and bio-pesticides in the crop protection sector. The rising dependence on agriculture and the growing demand for organic food products are also driving the market for seaweed extracts across the globe.

Regional Analysis:

To gain extensive insights into the market, Request for Customization

The Asia Pacific is emerging with an immense potential with the increased demand for seafood and aquatic plants. The fish and other aquaculture play a significant role in food, health, and agricultural security of rural, urban, and coastal populations across the region. The rising demand for seafood products and increasing westernization among Asian consumers are leading to a widened scope for the regional aquaculture market. On the other hand, Asia Pacific is an agricultural region and more than 60% of the population depends upon agricultural and associated activities for their source of livelihood. The increasing modernization and industrialization across the region have resulted in the decreased cultivable land; thus the producers and manufacturers are focussing on yield growth promoters to expand their crop production with higher returns on their investments. The agricultural biological manufacturers are utilizing a considerable quantity of seaweed in their product processing, which is further expected to increase the global demand for aquaculture in the forecast period (2019-2026).




By Type

  • Fish

  • Seaweed

  • Crustaceans (crabs, lobsters, crayfish, shrimps, prawns, and others)

By Water Environment

  • Fresh Water

  • Marine Water

By Geography

  • North America (U.S., Canada, and Mexico)

  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)

Key Industry Developments

  • In November 2019, Van Cleve Seafood Co. has launched a new plant-based seafood category to offer the conventional seafood and to deliver delicious plant-based products to the U.S. customers.

  • In April 2019, Atlantic Sea Farms has announced to launch new products in the U.S.- including Sea-chi, seaweed kimchi, a fermented seaweed salad, and sea-beet kraut to cater to the demand for aquatic products in the country.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Agriculture Clients


Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.