Aquaculture Market Size To Reach $417.8 Billion By 2030

Aquaculture Market Growth & Trends

The global aquaculture market size is estimated to reach USD 417.8 billion by 2030, registering a CAGR of 5.1% from 2025 to 2030, according to a new report by Grand View Research, Inc.

Increased deep sea fishing activities globally have resulted in limited availability of fresh fish thus fuelling demand for cultured varieties. The market has witnessed growth due to urbanization and increasing disposable income of working population leading to high consumption of protein rich foods.

Rice-fish culture includes fish farming in rice fields and proves beneficial for both, thus opening new avenues for market growth. Fish are provided with a safe living environment in these dense rice plants and simultaneously, protect rice saplings from insects while circulating oxygen around. 

Fresh water was the largest culture environment, attributed to the widespread availability of freshwater resources, making it accessible in many regions. Limitation of actual surroundings in ponds, cages and concrete raceways has resulted in increasing fish farming activities fresh water. Higher acceptance among consumers owing to favorable breeding environment is expected to propel demand for fresh water aquaculture over the forecast period.

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Aquaculture Market Report Highlights

• By environment, the marine water segment is expected to grow at a CAGR of 5.3% over the forecast period, owing to its numerous advantages, including a lower carbon footprint and reduced freshwater usage.

• In 2024, the Carps, barbels, and other cyprinids led the market with a share of 25.5%, attributed to their adaptability to various environmental conditions and high market demand in many regions.

• The Asia Pacific market held the largest revenue share of 75.6% in 2024, attributed to its abundant natural water resources, including rivers, lakes, and coastal areas that create ideal farming conditions.

Aquaculture Market Segmentation

Grand View Research has segmented the global aquaculture market based on environment, fish type, and region:

Aquaculture Environment Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Marine water

• Freshwater

• Brackish water

Aquaculture Fish Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Carps, Barbels, and Other Cyprinids

• Brown Seaweeds

• Red Seaweeds

• Marine Shrimps and Prawns

• Oysters

• Tilapias and Other Cichlids

• Catfishes

• Clams, Cockles, Arkshells

• Salmons, Trouts, Smelts

• Freshwater Fishes nei

• Others

Aquaculture Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • India

  • Japan

  • China

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

List of Key Players in the Aquaculture Market

• Blue Ridge Aquaculture

• Cermaq ASA

• Cooke Aquaculture Inc.

• Eastern Fish Co.

• Huon Aquaculture Group Pty Ltd.

• International Fish Farming Co. - Asmak

• RoyMarine Harvest ASA

• Nireus Aquaculture S.A

• Promarisco

• Selonda Aquaculture S.A.