The global aquaculture market size was estimated at USD 310.6 billion in 2024 and is projected to reach USD 417.8 billion by 2030, growing at a CAGR of 5.1% from 2025 to 2030. This steady growth is primarily attributed to rising global fish consumption, which is being driven by increasing health awareness and the widely recognized nutritional benefits of seafood. Consumers are increasingly choosing fish and seafood as healthier protein alternatives due to their high content of omega-3 fatty acids, lean protein, and essential micronutrients.

In addition, continuous technological advancements in aquaculture farming practices are significantly improving productivity, disease control, and resource management. The industry is also witnessing a clear shift toward more sustainable aquaculture methods, aimed at minimizing environmental impact while maximizing yield and operational efficiency. Furthermore, the ongoing decline in wild fish stocks, coupled with changing dietary preferences toward protein-rich and healthy food options, is accelerating the demand for farmed seafood. Regions such as Asia-Pacific dominate the market due to the widespread adoption of advanced aquaculture techniques, strong production capabilities, and high levels of seafood consumption.

Aquaculture, commonly referred to as aqua farming, involves the cultivation of various aquatic species, including finfish, carp, mollusks, crabs, and aquatic plants, under controlled or semi-controlled conditions. This production method involves several important interventions in the rearing process, such as regular stocking, scheduled feeding, and predator protection, all designed to enhance survival rates and overall productivity. Both small-scale farmers in developing regions and large multinational corporations actively participate in aquaculture, highlighting its importance at both local and global levels.

Fish remains a vital source of protein for millions of people worldwide and plays a significant role in many cultural and culinary traditions. It also offers essential nutrients such as fatty acids, vitamins, and minerals, which contribute to human health, support brain development, and help prevent various lifestyle-related diseases. These factors continue to strengthen the role of aquaculture as a critical component of the global food system.

Key Market Trends & Insights:

• The North America aquaculture market held a significant revenue share of 4.7% in 2024, reflecting the region’s growing interest in sustainable seafood production and increasing investments in aquaculture infrastructure. The market’s growth is supported by technological advancements, rising health consciousness among consumers, and government initiatives aimed at promoting local seafood production to reduce dependence on imports.

• The aquaculture sector in the U.S. is expected to grow substantially over the forecast period, driven by expanding demand for high-quality, nutrient-rich seafood and increased adoption of modern farming techniques that enhance productivity and sustainability.

• On the basis of fish type, carps, barbels, and other cyprinids led the market and accounted for the largest revenue share of 25.5% in 2024, owing to their high adaptability, rapid growth rates, and suitability for commercial farming.

• On the basis of environment, freshwater aquaculture dominated the market and accounted for the largest revenue share of 54.3% in 2024, supported by the availability of freshwater resources, ease of management, and cost-effective production methods compared to marine or brackish water farming.

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Market Size & Forecast:

• 2024 Market Size: USD 310.6 Billion

• 2030 Projected Market Size: USD 417.8 Billion

• CAGR (2025-2030): 5.1%

• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights:

Some of the key players in the global aquaculture market include Blue Ridge Aquaculture, Cermaq ASA, Cooke Aquaculture Inc., and several others. These companies actively implement a variety of strategic initiatives, such as strategic collaborations, mergers and acquisitions, and new product launches, to strengthen their competitive position and enhance market presence. By leveraging these approaches, companies are able to capture greater market share, improve operational efficiencies, and drive sustainable long-term growth within the increasingly competitive aquaculture sector.

Cooke Aquaculture Inc. operates a vertically integrated aquaculture system, overseeing every stage of production, from broodstock and juvenile rearing to marine farming and processing. The company also engages in seabass and seabream farming in Spain, prioritizing stringent quality control and sustainability standards. Its operations serve multiple regions, including North America, South America, and Europe, reflecting a diversified geographic footprint and commitment to delivering high-quality seafood products globally.

Eastern Fish Company specializes in the distribution and processing of a wide array of seafood products. The company sources various species from both wild fisheries and aquaculture farms, including shrimp, crab, and fish, emphasizing responsible and sustainable sourcing practices. Additionally, Eastern Fish offers value-added products to meet evolving consumer preferences. With a strong presence in the North American market, the company effectively caters to both retail and food service sectors, ensuring that high-quality seafood products are delivered efficiently and consistently to consumers.

Key Players

• 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.

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Conclusion:

The global aquaculture market is poised for steady growth, driven by rising demand for nutritious, protein-rich seafood as consumers prioritize healthier diets. Technological advancements in farming techniques and the adoption of sustainable aquaculture practices are enhancing productivity, efficiency, and resource management. Declining wild fish populations and shifting dietary preferences are further accelerating the demand for farmed seafood. Both freshwater and marine aquaculture sectors are expanding to meet this increasing need, while a variety of species are being cultivated to cater to diverse markets.