Asia Pacific Aquaculture Market Size, Share & Trends Analysis Report, By Environment (Fresh Water, Marine Water, Brackish Water, and others), By Fish Type (Carps, Brown Seaweeds, Marine Shrimps & Prawns, and others), and Asia Pacific Aquaculture Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Aquaculture Market Insights Forecasts to 2035

• The Asia Pacific Aquaculture Market Size Was Estimated at USD 240.8 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 6.21% from 2025 to 2035
• The Asia Pacific Aquaculture Market Size is Expected to Reach USD 467.3 Billion by 2035

According to a research report published by Spherical Insights & Consulting, The Asia Pacific Aquaculture Market Size is anticipated to reach USD 467.3 Billion by 2035, Growing at a CAGR of 6.21% from 2025 to 2035. The market is driven by rapid urbanization, rising disposable income, a growing emphasis on food security, and the surging popularity of premium and organic seafood across the region.

Market Overview

The Asia Pacific Aquaculture Market refers to the farming of aquatic organisms, including fish, mollusks, crustaceans, and aquatic plants, within controlled environments across the region. This sector is characterized by its shift from traditional pond farming to high-tech systems like Recirculating Aquaculture Systems (RAS) and offshore cage culture. Current trends include a rising preference for sustainable and traceable seafood products, the integration of artificial intelligence for biomass estimation, and a growing focus on multi-trophic aquaculture to minimize environmental impact.

Government and private initiatives are pivotal in shaping the industry. Organizations like the Network of Aquaculture Centres in Asia-Pacific (NACA) and the FAO collaborate with governments in India, Thailand, and Vietnam to implement "National Innovation and Investment Plans" (NIIPs) aimed at transforming the sector by 2030. Private sector participation is also surging, with significant investments in "Aquaculture Innovation and Investment Hubs" designed to support startups and scale low-cost production for small-scale farmers.

Technological advancements have revolutionized the market through the adoption of smart farming tools. AI-based applications are now used for early disease detection, growth tracking, and automated feeding efficiency. Innovations in genetic improvement, such as selective breeding for faster-growing tilapia and shrimp, coupled with the development of eco-friendly aquafeeds, have significantly enhanced productivity and biosecurity across the Asia-Pacific region.

Report Coverage

This research report categorizes the market for the Asia Pacific aquaculture market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific aquaculture market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific aquaculture market

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Driving Factors

The market is primarily driven by the increasing global demand for seafood, fueled by rising disposable incomes and health-conscious consumers shifting toward high-protein diets. Declining wild-catch fish stocks due to overfishing have created an urgent need for sustainable alternatives, positioning aquaculture as a critical solution for food security. Additionally, technological advancements like AI-based monitoring and automated feeders, alongside favorable government subsidies and infrastructure development in countries like China and India, are significantly accelerating regional market expansion.

Restraining Factors

Market growth is hindered by high volatility in raw material prices for aquafeed, such as soybean and fish oil, which impacts production margins. Furthermore, frequent disease outbreaks and stringent environmental regulations regarding water pollution and non-native species introduction pose significant operational challenges for traditional manufacturers.

Market Segmentation

The Asia Pacific aquaculture composites market share is classified into environment and fish type.

• The fresh water dominated the market in 2024 and is expected to grow at a significant CAGR over the forecast period.

The Asia Pacific Aquaculture Market is segmented by environment into fresh water, marine water, brackish water and others. Among these, fresh water dominated the market in 2024 and is expected to grow at a significant CAGR over the forecast period. Freshwater environments dominate the Asia-Pacific aquaculture market due to lower costs, simpler management, abundant inland resources (rivers, lakes, ponds), and high demand for adaptable species like carp, tilapia, and catfish, supported by integration with agriculture and advancements in recirculating systems. These factors contribute to its cost-effectiveness and large market share, making it crucial for food security in the region

• The carps segment held the largest market share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The Asia Pacific Aquaculture Market is segmented by fish type into carps, brown seaweeds, marine shrimps & prawns and others. Among these, carps are anticipated to grow at a significant CAGR over the predicted timeframe. Carps (and other cyprinids) have historically dominated the Asia-Pacific aquaculture market by volume, primarily due to their adaptability to diverse freshwater environments, rapid growth, low production costs, and high demand as affordable protein, making them ideal for extensive farming, though shrimp also holds significant value.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific aquaculture Market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Thai Union Group PCL
• Maruha Nichiro Corporation
• Nippon Suisan Kaisha (Nissui)
• Charoen Pokphand Foods PCL
• Avanti Feeds Limited
• Marubeni Corporation
• Dongwon Industries
• GREENFEED VIETNAM
• Bakkafrost
• Kyokuyo Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific aquaculture Market based on the below-mentioned segments:

Asia Pacific Aquaculture Market, By Environment

• Fresh Water
• Marine Water
• Brackish Water

Asia Pacific Aquaculture Market, By Fish Type

• Carps
• Brown Seaweeds
• Marine Shrimps & Prawns