- Freshwater Cage
- Marine and Brackish Water Cage
Aquaculture Cages Market was valued at USD 78.3 million in 2023 and is expected to grow at a CAGR of 5.1% from 2024 to 2030. Aquaculture cages are crucial structures in modern fish farming, enabling efficient and controlled production of aquatic species in various water environments. These cages play a vital role in meeting the rising global demand for seafood while addressing concerns about overfishing in natural habitats. The market's growth is primarily driven by the increasing global population, rising per capita fish consumption, and the need for sustainable protein sources. Aquaculture now accounts for over 50% of global fish consumption, highlighting the sector's importance. Additionally, technological advancements in cage design, materials, and automated feeding systems are enhancing productivity and reducing operational costs, further fueling market expansion.
Environmental concerns, such as water pollution and the impact on local ecosystems, pose challenges to the industry. However, innovations in eco-friendly cage designs and sustainable farming practices are addressing these issues. The COVID-19 pandemic initially disrupted supply chains but also underscored the importance of food security, potentially driving long-term growth in the sector. The Asia Pacific region held the major market share in 2023 and is expected to maintain its dominance in the forecast period. This is attributed to extensive aquaculture operations in countries like China, Indonesia, and Vietnam, coupled with supportive government policies and increasing investment in the sector.
In 2022, AquaBioTech Group introduced an innovative submersible cage system designed for offshore environments. This development aims to:
In March 2023, AKVA Group launched a new feeding system integrated with AI-powered cameras. This advancement:
Study Period
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Largest Market
Fastest Growing Market
The increasing demand for seafood, driven by population growth and changing dietary preferences, is a key market driver. The Food and Agriculture Organization (FAO) projects that aquaculture production will need to reach 109 million tonnes by 2030 to meet global demand, necessitating expansion and improvement of cage farming systems. Technological advancements, including IoT-enabled monitoring systems and automated feeding mechanisms, are enhancing operational efficiency and attracting investment. These innovations allow for real-time data collection on water quality, fish behavior, and feeding patterns, enabling more precise management of aquaculture operations. However, concerns about the environmental impact of intensive aquaculture, including water pollution and the spread of diseases, pose challenges to market growth. Stringent regulations in some regions regarding aquaculture practices and site selection may also hinder expansion. The development of offshore and deep-sea cage farming presents significant opportunities, allowing for larger-scale production while minimizing coastal environmental impacts. Additionally, the integration of aquaculture with other sectors, such as renewable energy (e.g., wind farms), is emerging as a promising avenue for sustainable expansion.
Aquaculture Cages Market was valued at USD 78.3 million in 2023 and is expected to grow at a CAGR of 5.1% from 2024 to 2030.
The Aquaculture Cages Market is segmented based on Type (Freshwater Cage, Marine and Brackish Water Cage), Application (Fish, Molluscs, Crustaceans, Others), and Geography.
The leading players in the global Aquaculture Cages Market are AKVA Group, Gesikat Ltd., Badinotti Group S.p.A., Aqualine AS, Garware Technical Fibres Ltd., Selstad AS, Qingdao Qihang Fishing Cage Co., Ltd., Fusion Marine Ltd., AquaBioTech Group, and NET Systems.
Historic years considered for the market study are 2019-2022, 2023 is considered as the base year for market estimation, and Seven years forecast is presented from 2024 – 2030.
1.Executive Summary |
2.Global Aquaculture Cages Market Introduction |
2.1.Global Aquaculture Cages Market - Taxonomy |
2.2.Global Aquaculture Cages Market - Definitions |
2.2.1.Type |
2.2.2.Application |
2.2.3.Region |
3.Global Aquaculture Cages Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Aquaculture Cages Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Aquaculture Cages Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Freshwater Cage |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Marine and Brackish Water Cage |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Aquaculture Cages Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Fish |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Molluscs |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Crustaceans |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7.Global Aquaculture Cages Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Aquaculture Cages Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Freshwater Cage |
8.1.2.Marine and Brackish Water Cage |
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Fish |
8.2.2.Molluscs |
8.2.3.Crustaceans |
8.2.4.Others |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Aquaculture Cages Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Freshwater Cage |
9.1.2.Marine and Brackish Water Cage |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Fish |
9.2.2.Molluscs |
9.2.3.Crustaceans |
9.2.4.Others |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) Aquaculture Cages Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Freshwater Cage |
10.1.2.Marine and Brackish Water Cage |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Fish |
10.2.2.Molluscs |
10.2.3.Crustaceans |
10.2.4.Others |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Aquaculture Cages Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Freshwater Cage |
11.1.2.Marine and Brackish Water Cage |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Fish |
11.2.2.Molluscs |
11.2.3.Crustaceans |
11.2.4.Others |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Aquaculture Cages Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Freshwater Cage |
12.1.2.Marine and Brackish Water Cage |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Fish |
12.2.2.Molluscs |
12.2.3.Crustaceans |
12.2.4.Others |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.AKVA Group |
13.2.2.Gesikat Ltd. |
13.2.3.Badinotti Group S.p.A. |
13.2.4.Aqualine AS |
13.2.5.Garware Technical Fibres Ltd. |
13.2.6.Selstad AS |
13.2.7.Qingdao Qihang Fishing Cage Co., Ltd. |
13.2.8.Fusion Marine Ltd. |
13.2.9.AquaBioTech Group |
13.2.10.NET Systems |
14. Research Methodology |
15. Appendix and Abbreviations |