The global sustainable aquaculture market was valued at USD 5.45 billion in 2022 and is expected to reach USD 12.8 billion in 2030, with a CAGR of 11.30% during the forecast period 2023-2030.
2. Sustainable aquaculture refers to the responsible and efficient farming of aquatic
organisms, such as fish, mollusks, crustaceans, and aquatic plants, in a way that
minimizes environmental impact, preserves biodiversity, and ensures the industry's long-
term viability.
Aquaculture involves the deliberate cultivation or farming of fish, shellfish, and aquatic
plants under controlled conditions. The primary objective is to establish a sustainable
source of aquatic-derived food and commercial products,
The global sustainable aquaculture market was valued at USD 5.45
billion in 2022 and is expected to reach USD 12.8 billion in 2030,
with a CAGR of 11.30% during the forecast period 2023-2030.
3. Market Drivers
1
2
The increased demand for sustainably sourced
seafood and rising environmental awareness.
The implementation of regulations and certifications
by governmental bodies worldwide is propelling the
growth of the market.
4. Market Segmentation
On the basis of type, the sub-markets include ecological
aquaculture, organic aquaculture, precision aquaculture,
and others.
On the basis of distribution channel, the sub-markets
include retailers, food service providers, and distributors.
5. Segmentation
by Region
North America U.S., Canada, Mexico
Europe
U.K., Germany, France, Italy,
Rest of Europe
Asia Pacific China, Japan, South Korea, India, Australia,
Rest of Asia-Pacific
RoW Latin America, Middle East, Africa
6. Leading Market Players
ReelData
AKVA group
KnipBio
AQUABYTE INC.
AquaMaof Aquaculture Technologies Ltd.
Siemens AG
Aller Aqua
Clover Organic Pvt. Ltd.
Solar Oysters, LLC.
Pacific Hybreed