Korea Aquaculture Equipment Market Size
According to Straits Research analysis, The Korea Aquaculture Equipment Market was valued at USD 610.52 Million in 2024 and is projected to reach USD 931.99 Million by 2033, expanding at a CAGR of 4.8% during the forecast period. A rise in fish consumption due to its health benefits and the growth in the seafood industry are key factors driving the demand for aquaculture equipment. Technological advances, such as automated feeders and digital monitoring systems, are enhancing the efficiency of aquaculture operations, thus further propelling the market. The country is leveraging opportunities in green production and low-carbon technologies, aiming to increase its export potential in the sector. With its commitment to sustainable and technologically advanced aquaculture practices, Korea is steadily positioning itself as a significant player in the global aquaculture equipment market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea 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.
- Korea accounted for 1.57% of the global aquaculture equipment market size in 2024.
- By 2033, China is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional aquaculture equipment market size by 2033.
- India will be the fastest-growing market in Asia Pacific, projected to achieve USD 58503 Million by 2033.
Korea Aquaculture Equipment Market Revenue Share 2024
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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 610.52 Million |
| Market Size In 2033 |
USD 931.99 Million |
| Largest segment |
Salmon |
| Fastest segment |
Catfish |
| Units |
Revenue in USD Million |
| CAGR |
4.8% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Type |
- Salmon
- Tilapia
- Catfish
- Carp
- Others
|
| Farming Method |
- Freshwater Aquaculture
- Marine Aquaculture
- Brackish Water Aquaculture
- Pen Aquaculture
|
| Production System |
- Intensive Aquaculture
- Extensive Aquaculture
- Semi-intensive Aquaculture
- Aquaculture Pen Systems
|
| Aquaculture Pen Systems |
- Open Water Pens (Marine and Freshwater)
- Offshore Pens (Deep Water Systems)
- Technological Innovations in Pen Farming
|
| Equipment Type |
- Cages and Pens
- Recirculating Aquaculture Systems (RAS)
- Ponds and Tanks
- Aerators and Feeders
- Water Filtration and Circulation Systems
|
Korea Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.