In 2023, China's aquaculture production stood at approximately 185,000 trillion US Dollars. The forecast for 2024 to 2028 anticipates steady growth in the aquaculture sector, with values expected to rise from 191,800 trillion to 215,960 trillion US Dollars, marking an average annual growth rate (CAGR) of approximately 2.4%. The year-on-year growth remains consistent, reflecting a stable industry progression.
Future trends to watch for:
- Technological advancements in sustainable aquaculture practices.
- Government policies favoring environmentally friendly practices to boost production.
- Increasing demand from domestic and international markets for aquaculture products.
- Challenges related to environmental and ecological impacts which may affect growth.