The global aquaculture market is being driven by an increased awareness of the health benefits of fish, as well as government support for the industry and a growing population.
Additionally, R&D activities such as genetic enhancements in fish species and monitoring of parasite diseases in aquatic animals in offshore and open oceans are expected to contribute to the market’s growth.
SkyQuest’s global market study predicts that 67% of seafood consumed in 2028 will be farm-raised, primarily in the Asia Pacific region.
The organic aquaculture market is also emerging as a key trend, with a projected 22.4% market share by 2028.
However, the lack of commercial adoption and low consumer acceptance may limit growth in this area.