PUBLISHER: Grand View Research | PRODUCT CODE: 1588649
PUBLISHER: Grand View Research | PRODUCT CODE: 1588649
The global aquaculture market size is estimated to reach USD 417.8 billion by 2030, registering a CAGR of 5.1% from 2025 to 2030, according to a new report by Grand View Research, Inc.
Increased deep sea fishing activities globally have resulted in limited availability of fresh fish thus fuelling demand for cultured varieties. The market has witnessed growth due to urbanization and increasing disposable income of working population leading to high consumption of protein rich foods.
Rice-fish culture includes fish farming in rice fields and proves beneficial for both, thus opening new avenues for market growth. Fish are provided with a safe living environment in these dense rice plants and simultaneously, protect rice saplings from insects while circulating oxygen around.
Fresh water was the largest culture environment, attributed to the widespread availability of freshwater resources, making it accessible in many regions. Limitation of actual surroundings in ponds, cages and concrete raceways has resulted in increasing fish farming activities fresh water. Higher acceptance among consumers owing to favorable breeding environment is expected to propel demand for fresh water aquaculture over the forecast period.