Australia Aquaculture Equipment Market Size & Outlook, 2025-2033
Australia Aquaculture Equipment Market Size
According to Straits Research analysis, the Australia Aquaculture Equipment Market was valued at USD 651.97 Million in 2024 and is projected to reach USD 977.61 Million by 2033, expanding at a CAGR of 4.6% during the forecast period. This growth is primarily driven by increased demand for seafood and a shift towards sustainable agriculture practices in the country. Advanced aquaculture equipment, such as water recirculation, aeration, and temperature control systems, is extensively used in the seafood industry. Innovations in equipment technology underpinning a low-carbon and green production approach are also gaining traction. Likewise, the growing export potential of Australian seafood continues to provide robust growth opportunities. Recent initiatives by the Australian government to maintain biodiversity and support the aquaculture industry underline Australia's dedicated efforts to strengthen its position in the global aquaculture equipment market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Aquaculture Equipment Market Highlights
- In 2024, Salmon accounted for the highest share of the Type market size.
- During the forecast period, Catfish is set to register the highest growth, making it the most lucrative Type segment.
- Australia contributed 1.68% to the global aquaculture equipment market size in 2024.
- By 2033, China is forecasted to remain the largest global market for aquaculture equipment market.
- In Asia Pacific, China is projected to capture the leading share of market by 2033.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching USD 58503 Million by 2033.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 651.97 Million |
| Market Size In 2033 | USD 977.61 Million |
| Largest segment | Salmon |
| Fastest segment | Catfish |
| Units | Revenue in USD Million |
| CAGR | 4.6% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
|
| Farming Method |
|
| Production System |
|
| Aquaculture Pen Systems |
|
| Equipment Type |
|
Australia Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
