
Aquaculture Market
Aquaculture Market Forecasts to 2028 – Global Analysis By Product (Chemicals, Pharmaceuticals), Application (Sale, Processing), End User (Business to Business (B2B), Business to Customer (B2C)) and By Geography

According to Stratistics MRC, the Global Aquaculture market is accounted for $35.24 billion in 2020 and is expected to reach $71.25 billion by 2028 growing at a CAGR of 9.2% during the forecast period. Increasing seafood trade propelling demand, rising income levels leading to faster growth in fish consumption and continuous decline of natural feedstock are the major factors driving the market growth. However, rise in the adoption of veganism is restraining the market growth.
Aquaculture is defined as the activity of fish farming. This procedure of farming involves interventions in rearing process to boost production, such as regular stocking, feeding, and protection from predators. Aquaculture farming involves around 580 species that are currently farmed all over the world, representing a wealth of genetic diversity both within and among species.
Based on production, the small-scale segment is estimated to have a lucrative growth due to the growing demand for aqua products for their protein-rich content, small-scale farming is adopted by developing regions such as Africa, South America and Asia Pacific. Furthermore, the governments of these countries are taking various initiatives to support aqua farming in these regions, as it is one of the major sources of employment. By geography, Asia Pacific is going to have high growth during forecast period due to rise in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aqua farming and enhance the efficiency of aquaculture operations.
Some of the key players profiled in the Aquaculture Market include AKVA Group, Aquaculture Equipment Ltd, Aquaculture of Texas, Inc, Aquaculture System Technologies, LLC., Asakua, CPI Equipment Inc., Frea Aquaculture Solutions, Lifegard Aquatics, Luxsol, Pentair PLC, Pioneer Group, Reef Industries, Inc., Tan International Ltd and Xylem Inc.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 35.24 billion |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
9.2% |
Predicted 2028 Value: |
USD 71.25billion |
Forecast Years: |
2021-2028 |
Tables, Graphs & Figures |
302 |
Chapters Covered: |
Type, Production Type, Consumption, Nature, Form, Ingredient, Additive, Culture, Species, Product, Application, End User and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Types Covered:
• Canned
• Frozen
• Processed
• Raw
Production Types Covered:
• Small Scale
• Medium & Large Scale
Consumptions Covered:
• Food Use
• Non Food Use
Natures Covered:
• Land Based
• Offshore
Forms Covered:
• Extruded
• Liquid
• Pellets
• Powdered
Ingredients Covered:
• Additives
• Corn
• Fish Meal
• Fish Oil
• Soybean
Additives Covered:
• Antioxidants
• Feed Enzymes
• Vitamins & Minerals
Cultures Covered:
• Freshwater
• Marine
• Brackish Water
• Other Cultures
Species Covered:
• Aquatic Animals
• Aquatic Plants
Products Covered:
• Equipment
• Chemicals
• Fertilizers
• Pharmaceuticals
Applications Covered:
• Sale
• Processing
End Users Covered:
• Business to Business (B2B)
• Business to Customer (B2C)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Aquaculture Market is majorly driven by increasing seafood trade propelling demand, rising income levels leading to faster growth in fish consumption and continuous decline of natural feedstock.
The small-scale segment is growing at a highest CAGR owing demand for aqua products for their protein-rich content.
South America dominated with a significant market share due to the factors such as technological developments and rapid improvements in terms of infrastructure.
Asia Pacific market is growing at a highest CAGR owing to rise in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aquafarming and enhance the efficiency of aquaculture operations.
Key players in Aquaculture Market include AKVA Group, Aquaculture Equipment Ltd, Aquaculture of Texas, Inc, Aquaculture System Technologies, LLC., Asakua, CPI Equipment Inc., Frea Aquaculture Solutions, Lifegard Aquatics, Luxsol, Pentair PLC, Pioneer Group, Reef Industries, Inc., Tan International Ltd and Xylem Inc.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aquaculture Market, By Type
5.1 Introduction
5.2 Canned
5.3 Frozen
5.4 Processed
5.5 Raw
6 Global Aquaculture Market, By Production Type
6.1 Introduction
6.2 Small Scale
6.3 Medium & Large Scale
7 Global Aquaculture Market, By Consumption
7.1 Introduction
7.2 Food Use
7.3 Non Food Use
8 Global Aquaculture Market, By Nature
8.1 Introduction
8.2 Land Based
8.3 Offshore
9 Global Aquaculture Market, By Form
9.1 Introduction
9.2 Extruded
9.3 Liquid
9.4 Pellets
9.5 Powdered
10 Global Aquaculture Market, By Ingredient
10.1 Introduction
10.2 Additives
10.3 Corn
10.4 Fish Meal
10.5 Fish Oil
10.6 Soybean
11 Global Aquaculture Market, By Additive
11.1 Introduction
11.2 Antioxidants
11.3 Feed Enzymes
11.4 Vitamins & Minerals
12 Global Aquaculture Market, By Culture
12.1 Introduction
12.2 Freshwater
12.3 Marine
12.4 Brackish Water
12.5 Other Cultures
12.5.1 Net Pen Culture
12.5.2 Floating-Cage Culture
12.5.3 Pond Culture
12.5.4 Rice Field Culture
13 Global Aquaculture Market, By Species
13.1 Introduction
13.2 Aquatic Animals
13.2.1 Fish
13.2.1.1 Tuna
13.2.1.2 Tilapia
13.2.1.3 Swordfish
13.2.1.4 Salmon
13.2.1.5 Finfishes
13.2.1.6 Milkfish
13.2.1.7 Catfish
13.2.1.8 Shellfish
13.2.1.9 Goldfish
13.2.1.10 Koi
13.2.1.11 Tropical Fish
13.2.1.12 Turbot
13.2.2 Mollusks
13.2.3 Crustaceans
13.2.3.1 Crabs
13.2.3.2 Lobsters
13.2.3.3 Crayfish
13.2.3.4 Shrimps & Prawns
13.2.3.4.1 Giant Tiger Prawn
13.2.3.4.2 Fleshy Prawn
13.2.3.4.3 Whiteleg Shrimp
13.2.4 Seaweed
13.2.5 Other Aquatic Animals
13.2.5.1 Pompano
13.2.5.2 Snappers
13.2.5.3 Groupers
13.2.5.4 Carps
13.2.5.5 Mackerels
13.2.5.6 Sea Bream
13.2.5.7 Sea Bass
13.2.5.8 Trout
13.2.5.9 Diadromous
13.3 Aquatic Plants
13.3.1 Seaweeds
13.3.2 Microalgae
14 Global Aquaculture Market, By Product
14.1 Introduction
14.2 Equipment
14.2.1 Containment Equipment
14.2.2 Water Pumps and Filters
14.2.3 Water Circulating and Aerating Equipment
14.2.4 Cleaning Equipment
14.2.5 Feeders
14.3 Chemicals
14.4 Fertilizers
14.5 Pharmaceuticals
15 Global Aquaculture Market, By Application
15.1 Introduction
15.2 Sale
15.3 Processing
16 Global Aquaculture Market, By End User
16.1 Introduction
16.2 Business to Business (B2B)
16.2.1 Food Industry
16.2.2 Food Service Provider
16.2.3 Cosmetics
16.2.4 Animal Feed
16.3 Business to Customer (B2C)
16.3.1 Store Based Retailing
16.3.1.1 Hypermarket/Supermarket
16.3.1.2 Convenience Stores
16.3.1.3 Specialty Stores
16.3.1.4 Traditional Grocery Stores
16.3.2 Online Retailer
17 Global Aquaculture Market, By Geography
17.1 Introduction
17.2 North America
17.2.1 US
17.2.2 Canada
17.2.3 Mexico
17.3 Europe
17.3.1 Germany
17.3.2 UK
17.3.3 Italy
17.3.4 France
17.3.5 Spain
17.3.6 Rest of Europe
17.4 Asia Pacific
17.4.1 Japan
17.4.2 China
17.4.3 India
17.4.4 Australia
17.4.5 New Zealand
17.4.6 South Korea
17.4.7 Rest of Asia Pacific
17.5 South America
17.5.1 Argentina
17.5.2 Brazil
17.5.3 Chile
17.5.4 Rest of South America
17.6 Middle East & Africa
17.6.1 Saudi Arabia
17.6.2 UAE
17.6.3 Qatar
17.6.4 South Africa
17.6.5 Rest of Middle East & Africa
18 Key Developments
18.1 Agreements, Partnerships, Collaborations and Joint Ventures
18.2 Acquisitions & Mergers
18.3 New Product Launch
18.4 Expansions
18.5 Other Key Strategies
19 Company Profiling
19.1 AKVA Group
19.2 Aquaculture Equipment Ltd
19.3 Aquaculture of Texas, Inc
19.4 Aquaculture System Technologies, LLC.
19.5 Asakua
19.6 CPI Equipment Inc.
19.7 Frea Aquaculture Solutions
19.8 Lifegard Aquatics
19.9 Luxsol
19.10 Pentair PLC
19.11 Pioneer Group
19.12 Reef Industries, Inc.
19.13 Tan International Ltd
19.14 Xylem Inc.
List of Tables
1 Global Aquaculture Market Outlook, By Region (2019-2028) (US $MN)
2 Global Aquaculture Market Outlook, By Type (2019-2028) (US $MN)
3 Global Aquaculture Market Outlook, By Canned (2019-2028) (US $MN)
4 Global Aquaculture Market Outlook, By Frozen (2019-2028) (US $MN)
5 Global Aquaculture Market Outlook, By Processed (2019-2028) (US $MN)
6 Global Aquaculture Market Outlook, By Raw (2019-2028) (US $MN)
7 Global Aquaculture Market Outlook, By Production Type (2019-2028) (US $MN)
8 Global Aquaculture Market Outlook, By Small Scale (2019-2028) (US $MN)
9 Global Aquaculture Market Outlook, By Medium & Large Scale (2019-2028) (US $MN)
10 Global Aquaculture Market Outlook, By Consumption (2019-2028) (US $MN)
11 Global Aquaculture Market Outlook, By Food Use (2019-2028) (US $MN)
12 Global Aquaculture Market Outlook, By Non Food Use (2019-2028) (US $MN)
13 Global Aquaculture Market Outlook, By Nature (2019-2028) (US $MN)
14 Global Aquaculture Market Outlook, By Land Based (2019-2028) (US $MN)
15 Global Aquaculture Market Outlook, By Offshore (2019-2028) (US $MN)
16 Global Aquaculture Market Outlook, By Form (2019-2028) (US $MN)
17 Global Aquaculture Market Outlook, By Extruded (2019-2028) (US $MN)
18 Global Aquaculture Market Outlook, By Liquid (2019-2028) (US $MN)
19 Global Aquaculture Market Outlook, By Pellets (2019-2028) (US $MN)
20 Global Aquaculture Market Outlook, By Powdered (2019-2028) (US $MN)
21 Global Aquaculture Market Outlook, By Ingredient (2019-2028) (US $MN)
22 Global Aquaculture Market Outlook, By Additives (2019-2028) (US $MN)
23 Global Aquaculture Market Outlook, By Corn (2019-2028) (US $MN)
24 Global Aquaculture Market Outlook, By Fish Meal (2019-2028) (US $MN)
25 Global Aquaculture Market Outlook, By Fish Oil (2019-2028) (US $MN)
26 Global Aquaculture Market Outlook, By Soybean (2019-2028) (US $MN)
27 Global Aquaculture Market Outlook, By Additive (2019-2028) (US $MN)
28 Global Aquaculture Market Outlook, By Antioxidants (2019-2028) (US $MN)
29 Global Aquaculture Market Outlook, By Feed Enzymes (2019-2028) (US $MN)
30 Global Aquaculture Market Outlook, By Vitamins & Minerals (2019-2028) (US $MN)
31 Global Aquaculture Market Outlook, By Culture (2019-2028) (US $MN)
32 Global Aquaculture Market Outlook, By Freshwater (2019-2028) (US $MN)
33 Global Aquaculture Market Outlook, By Marine (2019-2028) (US $MN)
34 Global Aquaculture Market Outlook, By Brackish Water (2019-2028) (US $MN)
35 Global Aquaculture Market Outlook, By Other Cultures (2019-2028) (US $MN)
36 Global Aquaculture Market Outlook, By Net Pen Culture (2019-2028) (US $MN)
37 Global Aquaculture Market Outlook, By Floating-Cage Culture (2019-2028) (US $MN)
38 Global Aquaculture Market Outlook, By Pond Culture (2019-2028) (US $MN)
39 Global Aquaculture Market Outlook, By Rice Field Culture (2019-2028) (US $MN)
40 Global Aquaculture Market Outlook, By Species (2019-2028) (US $MN)
41 Global Aquaculture Market Outlook, By Aquatic Animals (2019-2028) (US $MN)
42 Global Aquaculture Market Outlook, By Fish (2019-2028) (US $MN)
43 Global Aquaculture Market Outlook, By Mollusks (2019-2028) (US $MN)
44 Global Aquaculture Market Outlook, By Crustaceans (2019-2028) (US $MN)
45 Global Aquaculture Market Outlook, By Seaweed (2019-2028) (US $MN)
46 Global Aquaculture Market Outlook, By Other Aquatic Animals (2019-2028) (US $MN)
47 Global Aquaculture Market Outlook, By Aquatic Plants (2019-2028) (US $MN)
48 Global Aquaculture Market Outlook, By Seaweeds (2019-2028) (US $MN)
49 Global Aquaculture Market Outlook, By Microalgae (2019-2028) (US $MN)
50 Global Aquaculture Market Outlook, By Product (2019-2028) (US $MN)
51 Global Aquaculture Market Outlook, By Equipment (2019-2028) (US $MN)
52 Global Aquaculture Market Outlook, By Containment Equipment (2019-2028) (US $MN)
53 Global Aquaculture Market Outlook, By Water Pumps and Filters (2019-2028) (US $MN)
54 Global Aquaculture Market Outlook, By Water Circulating and Aerating Equipment (2019-2028) (US $MN)
55 Global Aquaculture Market Outlook, By Cleaning Equipment (2019-2028) (US $MN)
56 Global Aquaculture Market Outlook, By Feeders (2019-2028) (US $MN)
57 Global Aquaculture Market Outlook, By Chemicals (2019-2028) (US $MN)
58 Global Aquaculture Market Outlook, By Fertilizers (2019-2028) (US $MN)
59 Global Aquaculture Market Outlook, By Pharmaceuticals (2019-2028) (US $MN)
60 Global Aquaculture Market Outlook, By Application (2019-2028) (US $MN)
61 Global Aquaculture Market Outlook, By Sale (2019-2028) (US $MN)
62 Global Aquaculture Market Outlook, By Processing (2019-2028) (US $MN)
63 Global Aquaculture Market Outlook, By End User (2019-2028) (US $MN)
64 Global Aquaculture Market Outlook, By Business to Business (B2B) (2019-2028) (US $MN)
65 Global Aquaculture Market Outlook, By Food Industry (2019-2028) (US $MN)
66 Global Aquaculture Market Outlook, By Food Service Provider (2019-2028) (US $MN)
67 Global Aquaculture Market Outlook, By Cosmetics (2019-2028) (US $MN)
68 Global Aquaculture Market Outlook, By Animal Feed (2019-2028) (US $MN)
69 Global Aquaculture Market Outlook, By Business to Customer (B2C) (2019-2028) (US $MN)
70 Global Aquaculture Market Outlook, By Store Based Retailing (2019-2028) (US $MN)
71 Global Aquaculture Market Outlook, By Hypermarket/Supermarket (2019-2028) (US $MN)
72 Global Aquaculture Market Outlook, By Convenience Stores (2019-2028) (US $MN)
73 Global Aquaculture Market Outlook, By Specialty Stores (2019-2028) (US $MN)
74 Global Aquaculture Market Outlook, By Traditional Grocery Stores (2019-2028) (US $MN)
75 Global Aquaculture Market Outlook, By Online Retailer (2019-2028) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.