Farms.com Home   News

The Global Aquaculture Market Witnesses Growth as the Demand for Protein Surges

SAN ANTONIO,- The rising world population and growing protein demand drive the global aquaculture sector. The industry is a sustainable means to supply and feed the population with environment-friendly protein products. Frost & Sullivan's recent analysis, Global Aquaculture Market Growth Opportunities, finds that innovation in aquaculture technologies and smart farming methodologies are revolutionizing the sector and generating additional revenue streams. The market is expected to garner $415.82 billion in revenue by 2030 from $284.63 billion in 2021, an uptick at a compound annual growth rate (CAGR) of 4.3%.

"The aquaculture industry has fully recovered from the pandemic after facing the most intense impact in the first half of 2020," said Akheela Dhiman, Chemicals, Materials & Nutrition Research Analyst at Frost & Sullivan. "Further, the reopening of hotel, restaurant, and café (HORECA) in the second half and recovery in global household demand revived the industry."

Dhiman added: "Increasing investment in smart farming and other technologies will provide detailed information on the nutrition, health, and environment of the species on the farm and will generate additional revenue streams. Additionally, the development and adoption of many of these technologies across all supply chain components have led to robust farmed seafood production."

Click here to see more...

Trending Video

How a Farm Kid Is Rewiring Plant Breeding with AI

Video: How a Farm Kid Is Rewiring Plant Breeding with AI

Karlene Negus grew up on a corn and cattle farm — but now she’s training artificial intelligence models to predict how crops like corn and sorghum will perform in the field. A 2025 National Association for Plant Breeding (NAPB) Borlaug Scholar and rising star in agricultural data science, she had her “aha” moment while mapping out the vast landscape of crop improvement and realizing how much untapped potential AI held for transforming plant breeding.