South Africa Aquaculture Equipment Market Size & Outlook, 2025-2033
South Africa Aquaculture Equipment Market Size
According to Straits Research analysis, the South Africa Aquaculture Equipment Market was valued at USD 135.92 Million in 2024 and is projected to reach USD 191.67 Million by 2033, expanding at a CAGR of 3.8% during the forecast period. This growth is primarily driven by an increase in fish farming operations, boosted by advancements in aquaculture technology and a surge in demand for seafood. Key industries propelling this market include agriculture, fisheries, and energy, because of their increasing requirements for high-quality, efficient aqua-farming equipment. Variables such as green farming practices, low-carbon production, and sustainable aquaculture solutions are emerging trends creating further opportunity in the market. The country’s ongoing export potential in seafood and technological advancements are additional factors fuelling growth. South Africa is striving to position itself as a lucrative market, aiming to leverage its wealth of natural resources and progressive aquaculture policies to enhance its standing within the global aquaculture equipment sector.
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa 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.
- In 2024, South Africa represented 0.35% of the overall global aquaculture equipment market size.
- China is projected to lead the global aquaculture equipment market size by 2033.
- Across Middle East And Africa, Rest of MEA is anticipated to hold the dominant position in market by 2033.
- South Africa is forecasted to expand at the fastest pace in Middle East And Africa, attaining USD 5913 Million by 2033.
South 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 135.92 Million |
| Market Size In 2033 | USD 191.67 Million |
| Largest segment | Salmon |
| Fastest segment | Catfish |
| Units | Revenue in USD Million |
| CAGR | 3.8% (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 |
|
South Africa Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
