Canada Aquaculture Equipment Market Size & Outlook, 2025-2033
Canada Aquaculture Equipment Market Size
According to Straits Research analysis, the Canada Aquaculture Equipment Market was valued at USD 854.44 Million in 2024 and is projected to reach USD 1310.12 Million by 2033, expanding at a CAGR of 4.9% during the forecast period. The growth is primarily driven by the increasing demand from industries such as agriculture, fisheries, and allied sectors. Key contributing factors include technological advancements in aquaculture equipment, increase in seafood consumption, and rising interest in sustainable farming practices. Moreover, green and low-carbon production methods are emerging trends that present promising growth opportunities. Canada's export potential, particularly to its neighboring United States, also augments the market's expansion prospects. As such, Canada is steadily positioning itself as a crucial player in the global aquaculture equipment space, leveraging its sustainable practices and tech-centric approach.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Aquaculture Equipment Market Highlights
- Within the Type category, Salmon dominated in 2024 in terms of market size contribution.
- Over the forecast period, Catfish is forecasted to deliver the fastest growth, positioning it as the most lucrative Type segment.
- Canada contributed 2.2% 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 North America, United States is projected to capture the leading share of market by 2033.
- Among North America markets, Canada is expected to post the fastest growth, reaching USD 24106 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 854.44 Million |
| Market Size In 2033 | USD 1310.12 Million |
| Largest segment | Salmon |
| Fastest segment | Catfish |
| Units | Revenue in USD Million |
| CAGR | 4.9% (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 |
|
Canada Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
