Aquaculture Market Size to Hit 406.44 Billion by 2031, with
From GlobeNewswire: 2025-06-04 07:25:00
The global aquaculture market is experiencing significant growth, with a projected value of US$ 406.44 billion by 2031, recording a CAGR of 4.3% from 2024. Increasing demand for sustainable protein sources and technological advancements in data-driven fish breeding are driving this growth, particularly in Asia Pacific.
The market segmentation of the aquaculture industry includes product types like fish, crustaceans, mollusks, and others, with fish holding the largest share in 2024. The culture environment segments are freshwater, marine water, and brackish water, with marine water leading in 2024. Geographically, Asia Pacific is the market leader in 2024, with North America and Europe following closely.
Key players in the aquaculture market include companies like Bakkafrost, Cooke Aquaculture Inc, and Danish Salmon A/S, among others. Trending topics in the industry include sustainable fishing, urban aquaculture, and precision farming. Recent headlines highlight new advancements in deep-sea aquaculture vessels and acquisitions in the aquaculture sector.
The Insight Partners report offers valuable insights for stakeholders in the aquaculture industry, providing guidance on navigating the evolving market landscape and unlocking new opportunities. For more information and in-depth analysis, visit The Insight Partners website.
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