Aquaculture Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Aquaculture Industry

Global Aquaculture Trends in 2024

Aquaculture is part of Seafood and includes a number of sub-sectors such as Fish Farming. You may also be interested in Fish, Seafood Processing and Shellfish.

Global fish production is projected to reach 148 million metric tons by 2028, up from approximately 132 million metric tons in 2023. This represents an average annual growth rate of 1.8%. Since 1965, the global supply has increased at an average rate of 2.7% per year. In 2023, China led global fish farming production with around 77 million metric tons. Indonesia, India, and Bangladesh followed, occupying the second, third, and fourth positions, respectively. Notably, Kiribati saw a remarkable year-on-year increase of 74.6%, whereas the Bahamas experienced a decline of 31.5% annually since 1965. On the consumption front, global fish consumption is expected to decline slightly, reaching 22.5 million metric tons by 2028 from 22.7 million metric tons in 2023. This marks a compound annual growth rate (CAGR) decrease of 0.1%. Since 2019, global demand for fish has fallen by 0.2% year-on-year.

Top 10 countries

In 2024 major markets in the Aquaculture Industry were:

World Aquaculture Market Data and Forecasts

How much the Aquaculture industry is expected to grow to 2028?

Forecast: Fish Farming Production in the World
Forecast: Fish Farming Production in Norway
Forecast: Fish Farming Production in the EU
Forecast: Fish Farming Production in the Eurozone
Forecast: Fish Farming Production in Russia
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Global Aquaculture Statistics

Global Aquaculture Industry Database