Fish Farming Equipment Market

Fish Farming Equipment Market Size

The global fish farming equipment market was estimated at USD 2.8 billion in 2024. The market is expected to grow from USD 2.9 billion in 2025 to USD 4.8 billion in 2034, at a CAGR of 5.5%.

• The growth in the fish farming equipment market aims to meet rising seafood demand and address food security. The sector includes various products such as tanks, cages, feeding systems, water quality monitoring equipment, aeration systems, filtration units, and other monitoring devices.
  
• The increasing requirement for efficient and sustainable equipment drives demand for fish farming equipment, which helps optimize fish health, growth rates, and operational efficiency while reducing the impact on environment.
  
• Innovations such as automated feeding systems, real-time water quality monitoring, and biosecurity measures are gaining traction from the past few years. These advancements boost productivity and lower the labor costs.
  
• Asia-Pacific leads the market due to prevalence of large-scale aquaculture activities in countries such as China, India, and Vietnam, followed by Europe and North America, focusing on sustainable practices and eco-friendly equipment.
  
• As per the report by Food and Agriculture Organization, in 2024, aquaculture surpassed capture fisheries in aquatic animal production worldwide. The global aquaculture production reached 130.9 million tonnes, of which 94.4 million tonnes are aquatic animals, 51% of the total aquatic animal production.
  
• China, Indonesia, India, Vietnam, Bangladesh, the Philippines, Republic of Korea, Norway, Egypt, and Chile accounted for more than 89.8% of the total aquaculture production.
  
• Government regulations that promote sustainable aquaculture practices and investments in modern infrastructure also impact market growth. Additionally, the rise in recirculating aquaculture systems (RAS) and offshore cage farming offers new opportunities for equipment suppliers.
  

Fish Farming Equipment Market Trends

• The integration of automation, IoT sensors, and data analytics is changing fish farming operations and aquaculture systems. Smart equipment allows for real-time monitoring of water quality, fish health, and environmental conditions. This improves efficiency and productivity of fish farming equipment.
  
• The increased focus on environmentally friendly practices is driving the development of eco-friendly equipment that uses less water, reduces waste, and decreases environmental impact. This aligns with global sustainability goals, further appealing fish farmers and regulatory bodies.
  
• The transition toward Recirculating Aquaculture System technology is gaining popularity as it recycles water and creates a controlled environment for fish farming. This technology is efficient and can produce high-quality fish in various locations.
  
• The market reports significant growth in the Asia-Pacific, Latin America, and Africa, fueled by increasing seafood demand, government efforts and investments in the development of fish farming infrastructure.
  

Fish Farming Equipment Market Analysis

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Based on equipment type, the market is segmented into water treatment systems, monitoring and control systems, cleaning and waste management, harvesting and grading equipment, cage systems and pens, and others. In 2024, the cage systems and pens segment held the major market share, generating a revenue of USD 769.5 million.

• Cage systems and pens held the largest market share due to several factors such as cost-effectiveness, scalability, versatility, adaptability and ease of installation. Cage systems are versatile and used in distinct water environments, including freshwater, brackish, and saltwater.
  
• Cage systems and pens work well with various fish species and farming situations. These systems support high-density fish farming, maximizing space use and boosting overall yield. This approach is appealing to producers looking for efficient production methods. The development of fish monitoring sensors and anti-predator features has made cage and pen systems safe and productive, further driving the market growth.
  

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Based on application, the fish farming equipment market is segmented into freshwater and marine/seawater. In 2024, the marine/seawater segment held 58.3% share, valued at USD 1.6 billion in the global market.

• Marine/seawater held the largest market share due to utilization of strategic location and demand for high-value species. Marine fish farming can be combined with environmental management practices. Offshore farming reduces the pressure on freshwater resources and land.
  
• Many governments support offshore marine fish farming with policies and infrastructure development, which encourages market growth. Some species such as salmon and high market value species, thrive in seawater environments. This makes marine systems vital for their cultivation.

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In 2024, the U.S. contributed significantly to the fish farming equipment market growth in North America, accounting for 59.2% share.

• The fish farming equipment industry in the U.S. is characterized by a transition towards sustainability practices, accompanied by the growing demand for seafood. The market is characterized by the development of automated and sensor-based monitoring equipment.
  
• According to the USDA, NASS 2023 Census of Aquaculture, total sales of U.S. aquaculture products increased to USD 1.908 billion (more than $1.964 billion in 2024 dollars), reporting 3,453 aquaculture farms in the U.S. In 2023, about 50% of the aquaculture farms were in the southeastern region of the U.S., with Florida recording the second-highest number of aquaculture farms.
  

North America is a significant contributor to the fish farming equipment market, valued at USD 567.3 million in 2024, driven by sustainable practices and technological innovation.

• There are increasing investments in both offshore and land-based fish farming operations. Government and private funding back sustainable projects. Shellfish and finfish farming is expanding, especially in coastal areas and regions with suitable water bodies.
  
• The aquaculture industry in North America in characterized by finfish production, which is dominated by salmon and catfish, and shellfish production, primarily of oysters, mussels and clams. Culture methods include marine net-pens for salmon, freshwater ponds for channel catfish, and a variety of on and off-bottom techniques for shellfish.
  

Asia Pacific is the largest and fastest-growing region in the fish farming equipment market, growing at the CAGR of 5.7%.

• The growing population and cultural preferences drive the demand for seafood consumption. Shrimp, carp, tilapia, and other freshwater species are prevalent, and marine aquaculture development is increasing.
  
• According to the Food and Agriculture Organization, in 2023, Asia accounted for 167.1 million tonnes of global fisheries and aquaculture production, 75% of the global total production and leading all other regions by producing 70% of the total global aquatic animals and 97% of global algae.
  

Fish Farming Equipment Market Share

• The top companies in the fish farming equipment industry include AKVA Group, Morenot, Grundfos Holding A/S, PentairAES, and Xylem, collectively hold an approximately 15-20% share in the market. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broad customer base, and strengthen their market position.
  
• The fish farming equipment market is fragmented, featuring a combination of global leaders, regional companies, and emerging startups. Competition focuses on technology, cost, sustainability, and customization for different aquaculture methods.
  
• Pentair offers improved aeration, filtration, and water treatment systems designed for aquaculture. Xylem Inc provides water management solutions, such as pumps and aeration systems.
  

Fish Farming Equipment Market Companies

Major players operating in the global market are:

• ABB
• AKVA Group
• Asakua
• CPI Equipment
• eWater Aquaculture Equipment Technology Limited
• Frea Aquaculture Solutions
• Grundfos Holding A/S
• Innovasea
• INVE Aquaculture
• LINN Gerätebau
• Merck & Co. Inc.
• Morenot
• PentairAES
• Pioneer Group
• Xylem
  

ABB is a global leader in power and automation technologies. It offers a variety of solutions across different industries, including aquaculture. ABB is recognized for its electrical, automation, and robotics solutions, yet its role in fish farming equipment focuses on automation, water quality management, and energy-efficient systems.

AKVA Group is a supplier of technology and services for the fish farming industry, focused on fish farming equipment. The company offers fish cage systems & pens, and net systems designed for offshore, onshore, and land-based fish farming. The company also offers automated feeding solutions to improve feed efficiency and decrease waste.

 Fish Farming Equipment Industry News

• In May 2025, Guoxin Development Group launched an improved deep-sea aquaculture vessel with 150,000-metric-ton (MT) capacity. It features the 100,000 MT Guoxin 1 model including six more aquaculture compartments, a 16,000-cubic-meter increase to its water-holding capacity, and a solar photovoltaic system.
  
• In June 2025, Mexico launches global center for applied aquaculture innovation, the Center for Applied Aquaculture Innovation, offering state-of-the-art facilities including laboratories, hatchery, technology, and open-ocean projects.
  
• In April 2025, Kawasaki Heavy Industries Ltd developed a sustainable aquaculture system focused on reinforcing food security.
  
• In October 2024, Deep Trekker and Underwater Contracting Ltd announced the global partnership to advance aquaculture operations.
  

The fish farming equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) and volume (Thousand Units) from 2021 to 2034, for the following segments:

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Market, By Equipment Type

• Water treatment systems
  • Aerators
  • Pumps
  • Filtration systems
  • UV sterilizers
• Monitoring and control systems
• Cleaning and waste management
• Harvesting and grading equipment
• Cage systems and pens
• Others

Market, By Fish Type

• Salmon
• Catfish
• Trout
• Carp
• Others

Market, By Application

• Freshwater
• Marine/Seawater

Market, By End Use

• Commercial fish farms
• Research & academic institutes
• Government fisheries
• Small-scale farms

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • South Africa
  • Saudi Arabia
  • UAE