Middle East And Africa Aquaculture Equipment Market Size
According to Straits Research analysis, the Middle East and Africa Aquaculture Equipment Market was valued at USD 1109.75 Million in 2024 and is projected to reach USD 1522.76 Million by 2033, expanding at a CAGR of 3.5% during the forecast period. The demand is primarily driven by the agriculture industry's development, alongside energy and chemical sectors' increasing interest in aquaculture solutions. The market is significantly influenced by the surge in fish consumption, escalating the need for scale farming and production in the region. Furthermore, opportunities are emerging through technological advancements promoting sustainability and green production. These include energy-efficient feed systems, automated farming equipment and renewable energy sources, effectively boosting the region's export potential. Going forward, the Middle East and Africa are set to solidify their position within the global aquaculture equipment market, leveraging these trends for economic growth and sustainability.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market Highlights
- Salmon represented the largest share of the Type market in terms of size in 2024.
- Among the Type segments, Catfish is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
- In 2024, Middle East And Africa accounted for 2.85% of the global aquaculture equipment market size.
- By 2033, China is projected to lead the global market in terms of market size.
- South Africa is projected to emerge as the fastest-growing market in Middle East And Africa, reaching USD 5913 Million by 2033.
Middle East And Africa 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 1109.75 Million |
| Market Size In 2033 |
USD 1522.76 Million |
| Largest segment |
Salmon |
| Fastest segment |
Catfish |
| Units |
Revenue in USD Million |
| CAGR |
3.5% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Country |
- Saudi Arabia
- Nigeria
- South Africa
- Rest of MEA
|
| 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
|
Middle East And Africa Aquaculture Equipment Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.