GCC Aquaculture Market is estimated to be valued at USD 2.21 Bn in 2025 and is expected to reach USD 3.49 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.73% from 2025 to 2032.
| Report Coverage |
Report Details |
| Base Year: |
2024 |
Market Size in 2025: |
USD 2.21 Bn |
| Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: |
6.73% |
2032 Value Projection: |
USD 3.49 Bn |
GCC aquaculture market represents a rapidly evolving sector within the region's diversified economic landscape, encompassing the cultivation of fish, crustaceans, mollusks, and aquatic plants in controlled marine and freshwater environments across Saudi Arabia, the U.A.E, Qatar, Kuwait, Oman, and Bahrain. This strategic industry has emerged as a critical component of the GCC's food security initiatives, driven by increasing demand for high-quality seafood products, declining wild fish stocks, and ambitious national visions aimed at reducing dependency on food imports.
Market Dynamics
The GCC aquaculture market is propelled by several compelling drivers, including escalating food security concerns, government-backed diversification strategies, and rising consumer demand for fresh, locally-produced seafood products, with regulatory frameworks increasingly supporting sustainable aquaculture development through subsidies, land allocation, and technology transfer programs that encourage private sector participation and foreign investment in advanced farming systems.
Key Features of the Study
- This report provides in-depth analysis of the GCC aquaculture market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the GCC aquaculture market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include NAQUA, Gulf Aquaculture (Balghailam Fish Farm LLC. ), Abudawood AlSaffar Company, Omega Farms LLC, and Crown Farms
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The GCC aquaculture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the GCC aquaculture market
Market Segmentation
- Environment Insights (Revenue, USD Bn, 2020 - 2032)
- Freshwater
- Marine water
- Brackish water
- Fish Type Insights (Revenue, USD Bn, 2020 - 2032)
- Carps, Barbels, and Other Cyprinids
- Brown Seaweeds
- Red Seaweeds
- Marine Shrimps and Prawns
- Oysters
- Tilapias and Other Cichlids
- Catfishes
- Others
- Key Players Insights
- NAQUA
- Gulf Aquaculture (Balghailam Fish Farm LLC.)
- Abudawood AlSaffar Company
- Omega Farms LLC
- Crown Farms