Global Aquaculture Market 2024-2028

Global Aquaculture Market 2024-2028


The aquaculture market is forecasted to grow by USD 94.78 bn during 2023-2028, accelerating at a CAGR of 6.67% during the forecast period. The report on the aquaculture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness of aquaculture products, popularity of polyculture farm methodology, and increased presence of better aquaculture strains from different farming methods.

Technavio's aquaculture market is segmented as below:

By Type
  • Fresh water aquaculture
  • Marine water aquaculture
  • Brackish water aquaculture
By Culture
  • Net pen culture
  • Floating cage culture
  • Pond culture
  • Rice field culture
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the introduction of new aquaculture species as one of the prime reasons driving the aquaculture market growth during the next few years. Also, increased preference for organic aquaculture and improving animal husbandry practices to overcome threats of aquaculture diseases will lead to sizable demand in the market.

The report on the aquaculture market covers the following areas:
  • Aquaculture market sizing
  • Aquaculture market forecast
  • Aquaculture market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aquaculture market vendors that include Alpha Aqua AS, Austevoll Seafood ASA, BKV Industries Ltd, Blue Ridge Aquaculture Inc, Camanchaca SA, Cooke Aquaculture, Grupo Farallon Aquaculture, JBS SA, Leroy Seafood Group ASA, Maruha Nichiro Corp., Mitsubishi Corp., Mowi ASA, NIREUS AQUACULTURE, Nissui Corp., PF Bakkafrost, SalMar ASA, Shanghai Kai Chuang Marine International Co. Ltd., Stolt Nielsen Ltd., Thai Union Group PCL, and The Waterbase Ltd.. Also, the aquaculture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Culture
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global aquaculture market 2018 - 2022
      • Table Historic Market Size – Data Table on global aquaculture market 2018 - 2022 ($ billion)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • Culture Segment Analysis 2018 - 2022
      • Table Historic Market Size – Culture Segment 2018 - 2022 ($ billion)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Fresh water aquaculture - Market size and forecast 2023- 2028
      • Table Chart on Fresh water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Fresh water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Fresh water aquaculture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Fresh water aquaculture - Year-over-year growth 2023-2028 (%)
    • Marine water aquaculture - Market size and forecast 2023-2028
      • Table Chart on Marine water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Marine water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Marine water aquaculture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Marine water aquaculture - Year-over-year growth 2023-2028 (%)
    • Brackish water aquaculture - Market size and forecast 2023-2028
      • Table Chart on Brackish water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Brackish water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Brackish water aquaculture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Brackish water aquaculture - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
      • Table Data Table on Market opportunity by Type ($ billion)
  • Market Segmentation by Culture
    • Market segments
      • Table Chart on Culture - Market share 2023-2028 (%)
      • Table Data Table on Culture - Market share 2023-2028 (%)
    • Comparison by Culture
      • Table Chart on Comparison by Culture
      • Table Data Table on Comparison by Culture
    • Net pen culture - Market size and forecast 2023-2028
      • Table Chart on Net pen culture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Net pen culture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Net pen culture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Net pen culture - Year-over-year growth 2023-2028 (%)
    • Floating cage culture - Market size and forecast 2023- 2028
      • Table Chart on Floating cage culture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Floating cage culture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Floating cage culture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Floating cage culture - Year-over-year growth 2023-2028 (%)
    • Pond culture - Market size and forecast 2023-2028
      • Table Chart on Pond culture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Pond culture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Pond culture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pond culture - Year-over-year growth 2023-2028 (%)
    • Rice field culture - Market size and forecast 2023-2028
      • Table Chart on Rice field culture - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Rice field culture - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Rice field culture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rice field culture - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Culture
      • Table Market opportunity by Culture ($ billion)
      • Table Data Table on Market opportunity by Culture ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Indonesia - Market size and forecast 2023-2028
      • Table Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Indonesia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
    • Vietnam - Market size and forecast 2023-2028
      • Table Chart on Vietnam - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Vietnam - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Vietnam - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Vietnam - Year-over-year growth 2023-2028 (%)
    • Thailand - Market size and forecast 2023-2028
      • Table Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Thailand - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Thailand - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising awareness of aquaculture products
      • Popularity of polyculture farm methodology
      • Increased presence of better aquaculture strains from different farming methods
    • Market challenges
      • Growing prevalence of pathogenic diseases among aquaculture species
      • Rising levels of marine pollution
      • Issues with maintaining standard product quality of seafood
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Introduction of new aquaculture species
      • Increased preference for organic aquaculture
      • Improving animal husbandry practices to overcome threats of aquaculture diseases
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Alpha Aqua AS
      • Table Alpha Aqua AS - Overview
      • Table Alpha Aqua AS - Product / Service
      • Table Alpha Aqua AS - Key offerings
    • Austevoll Seafood ASA
      • Table Austevoll Seafood ASA - Overview
      • Table Austevoll Seafood ASA - Business segments
      • Table Austevoll Seafood ASA - Key offerings
      • Table Austevoll Seafood ASA - Segment focus
    • Blue Ridge Aquaculture Inc
      • Table Blue Ridge Aquaculture Inc - Overview
      • Table Blue Ridge Aquaculture Inc - Product / Service
      • Table Blue Ridge Aquaculture Inc - Key offerings
    • Camanchaca SA
      • Table Camanchaca SA - Overview
      • Table Camanchaca SA - Product / Service
      • Table Camanchaca SA - Key offerings
    • Cooke Aquaculture
      • Table Cooke Aquaculture - Overview
      • Table Cooke Aquaculture - Product / Service
      • Table Cooke Aquaculture - Key offerings
    • JBS SA
      • Table JBS SA - Overview
      • Table JBS SA - Business segments
      • Table JBS SA - Key offerings
      • Table JBS SA - Segment focus
    • Leroy Seafood Group ASA
      • Table Leroy Seafood Group ASA - Overview
      • Table Leroy Seafood Group ASA - Product / Service
      • Table Leroy Seafood Group ASA - Key offerings
    • Maruha Nichiro Corp.
      • Table Maruha Nichiro Corp. - Overview
      • Table Maruha Nichiro Corp. - Business segments
      • Table Maruha Nichiro Corp. - Key offerings
      • Table Maruha Nichiro Corp. - Segment focus
    • Mitsubishi Corp.
      • Table Mitsubishi Corp. - Overview
      • Table Mitsubishi Corp. - Business segments
      • Table Mitsubishi Corp. - Key news
      • Table Mitsubishi Corp. - Key offerings
      • Table Mitsubishi Corp. - Segment focus
    • Mowi ASA
      • Table Mowi ASA - Overview
      • Table Mowi ASA - Business segments
      • Table Mowi ASA - Key offerings
      • Table Mowi ASA - Segment focus
    • NIREUS AQUACULTURE
      • Table NIREUS AQUACULTURE - Overview
      • Table NIREUS AQUACULTURE - Business segments
      • Table NIREUS AQUACULTURE - Key offerings
      • Table NIREUS AQUACULTURE - Segment focus
    • Nissui Corp.
      • Table Nissui Corp. - Overview
      • Table Nissui Corp. - Business segments
      • Table Nissui Corp. - Key offerings
      • Table Nissui Corp. - Segment focus
    • PF Bakkafrost
      • Table PF Bakkafrost - Overview
      • Table PF Bakkafrost - Business segments
      • Table PF Bakkafrost - Key offerings
      • Table PF Bakkafrost - Segment focus
    • Shanghai Kai Chuang Marine International Co. Ltd.
      • Table Shanghai Kai Chuang Marine International Co. Ltd. - Overview
      • Table Shanghai Kai Chuang Marine International Co. Ltd. - Product / Service
      • Table Shanghai Kai Chuang Marine International Co. Ltd. - Key offerings
    • Stolt Nielsen Ltd.
      • Table Stolt Nielsen Ltd. - Overview
      • Table Stolt Nielsen Ltd. - Business segments
      • Table Stolt Nielsen Ltd. - Key offerings
      • Table Stolt Nielsen Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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