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smart aquaculture market

smart aquaculture market - By Technology: AI Feeding Systems, Water Quality Monitoring, Autonomous Vehicles; By Culture Type: Marine Cage Systems, Recirculating Aquaculture, Pond Culture; By Species: Salmon/Trout, Shrimp, Sea Bass/Bream; By Region: North America, Europe, Asia-Pacific Latin America and Others

  

Report Code
CVMI1205202506
Published
May 12, 2025
Last Updated
May 12, 2025
Coverage
Agriculture • Agricultural Biotechnology
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Insights

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1. Market Overview

The global smart aquaculture market is projected to grow from $8.7 billion in 2024 to $32.4 billion by 2032, at a 30.1% CAGR, driven by AI-driven feeding systems and IoT-enabled water quality management.

Market Segmentation

  1. By Technology
    • AI Feeding Systems (XX% share):
      • Aquaconnect's FeedBot reduces FCR by 22%
      • Eruvaka's smart feeders with computer vision
    • Water Quality Monitoring (35%):
      • Sensorex's multiparameter sensors with satellite uplinks
    • Autonomous Vehicles (Fastest-growing at 38% CAGR):
      • Aquaai's fish-like drones for cage inspection
  2. By Culture Type
    • Marine Cage Systems (XX%)
    • Recirculating Aquaculture (RAS) (40%)
    • Pond Culture (XX%)
  3. By Species
    • Salmon/Trout (XX% revenue)
    • Shrimp (30%)
    • Sea Bass/Bream (XX%)

2. Key Growth Drivers

1. Operational Efficiency Gains

  • Feed Optimization:
    • Machine learning cuts feed waste by 35%
  • Disease Prevention:
    • Computer vision detects sick fish 5 days earlier

2. Sustainability Mandates

  • EU's 2027 Cage Density Laws:
    • Require real-time biomass monitoring
  • ASC Certification 2.0:
    • Mandates IoT water quality tracking

3. Labor Cost Reduction

  • Automated Harvesting:
    • Robotics handle 80% of salmon processing
  • Remote Monitoring:
    • 1 technician manages 10 cage sites via VR

3. Competitive Landscape

Company

Breakthrough

Market Impact

Aquaconnect

AI Feed Optimizer

40% FCR improvement

Sensorex

Nanosensor Arrays

90% market penetration

Aquaai

Biomimetic Drones

$120M DoD contracts

4. Future Outlook (2027-2032)

  • 2028: First fully autonomous offshore farm
  • 2030: 60% of salmon fed by AI systems
  • 2032: $32B market with 90% IoT adoption
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Table Of Contents

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smart aquaculture market Report

smart aquaculture market Report

  1. 1. smart aquaculture market Research Report
    1. 1.1 Study Objectives
    2. 1.2 smart aquaculture market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
  2. 2. smart aquaculture market Research Report - Preface
    1. 2.1 smart aquaculture market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Technology
      2. 2.1.2 By Culture Type
      3. 2.1.3 By Species
      4. 2.1.4 By Region
    3. 3. smart aquaculture market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Technology, By Culture Type, By Species, By Country
    3. 3.3. Opportunities – By Technology, By Culture Type, By Species, By Country
    4. 3.4. Trends – By Technology, By Culture Type, By Species, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. smart aquaculture market Research Report – DROTs Impact Analysis
      4. smart aquaculture market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. smart aquaculture market, By Technology, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      5.1 AI Feeding Systems
    1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      5. 5.2 Water Quality Monitoring
    5. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    6. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    7. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    8. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      9. 5.3 Autonomous Vehicles
    9. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    10. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    11. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    12. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. smart aquaculture market, By Culture Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      6.1 Marine Cage Systems
    1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      5. 6.2 Recirculating Aquaculture
    5. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    6. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    7. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    8. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      9. 6.3 Pond Culture
    9. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    10. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    11. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    12. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. smart aquaculture market, By Species, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      7.1 Salmon/Trout
    1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      5. 7.2 Shrimp
    5. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    6. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    7. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    8. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      9. 7.3 Sea Bass/Bream
    9. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    10. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    11. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    12. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    8. smart aquaculture market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
      8.1 North America
      1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.2 Europe
      1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.3 Asia-Pacific
      1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.4 Latin America
      1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.5 Middle East and Africa
      1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.6 smart aquaculture market - Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Region, 2024 - 2031
    9. North America smart aquaculture market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      9.1 By Technology Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 AI Feeding Systems
      2. 9.1.2 Water Quality Monitoring
      3. 9.1.3 Autonomous Vehicles
      9.2 By Culture Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Marine Cage Systems
      2. 9.2.2 Recirculating Aquaculture
      3. 9.2.3 Pond Culture
      9.3 By Species Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Salmon/Trout
      2. 9.3.2 Shrimp
      3. 9.3.3 Sea Bass/Bream
      9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.4.1 United States
      2. 9.4.2 Canada
    1. 9.5 North America smart aquaculture market – Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Country, 2024 - 2031
    2. 9.6 Regional Trends Analysis
      3. 9.7 North America smart aquaculture market Research Report - Company Profiles
      1. 9.7.1 Company 1 (United States)
      2. 9.7.2 Company 2 (Canada)
      3. 9.7.3 Company 3 (Canada)
    10. Europe smart aquaculture market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      10.1 By Technology Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 AI Feeding Systems
      2. 10.1.2 Water Quality Monitoring
      3. 10.1.3 Autonomous Vehicles
      10.2 By Culture Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Marine Cage Systems
      2. 10.2.2 Recirculating Aquaculture
      3. 10.2.3 Pond Culture
      10.3 By Species Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 Salmon/Trout
      2. 10.3.2 Shrimp
      3. 10.3.3 Sea Bass/Bream
      10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.4.1 Germany
      2. 10.4.2 United Kingdom
      3. 10.4.3 France
      4. 10.4.4 Spain
      5. 10.4.5 Italy
      6. 10.4.6 Russia
    1. 10.5 Europe smart aquaculture market – Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Country, 2024 - 2031
    2. 10.6 Regional Trends Analysis
      3. 10.7 Europe smart aquaculture market Research Report - Company Profiles
      1. 10.7.1 Company 1 (Germany)
      2. 10.7.2 Company 2 (United Kingdom)
      3. 10.7.3 Company 3 (United Kingdom)
    11. Asia-Pacific smart aquaculture market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      11.1 By Technology Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 AI Feeding Systems
      2. 11.1.2 Water Quality Monitoring
      3. 11.1.3 Autonomous Vehicles
      11.2 By Culture Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Marine Cage Systems
      2. 11.2.2 Recirculating Aquaculture
      3. 11.2.3 Pond Culture
      11.3 By Species Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Salmon/Trout
      2. 11.3.2 Shrimp
      3. 11.3.3 Sea Bass/Bream
      11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.4.1 China
      2. 11.4.2 Japan
      3. 11.4.3 India
      4. 11.4.4 South Korea
      5. 11.4.5 Australia & New Zealand
      6. 11.4.6 ASEAN
    1. 11.5 Asia-Pacific smart aquaculture market – Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Country, 2024 - 2031
    2. 11.6 Regional Trends Analysis
      3. 11.7 Asia-Pacific smart aquaculture market Research Report - Company Profiles
      1. 11.7.1 Company 1 (China)
      2. 11.7.2 Company 2 (Japan)
      3. 11.7.3 Company 3 (Japan)
    12. Latin America smart aquaculture market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      12.1 By Technology Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 AI Feeding Systems
      2. 12.1.2 Water Quality Monitoring
      3. 12.1.3 Autonomous Vehicles
      12.2 By Culture Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Marine Cage Systems
      2. 12.2.2 Recirculating Aquaculture
      3. 12.2.3 Pond Culture
      12.3 By Species Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Salmon/Trout
      2. 12.3.2 Shrimp
      3. 12.3.3 Sea Bass/Bream
      12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.4.1 Brazil
      2. 12.4.2 Mexico
      3. 12.4.3 Argentina
      4. 12.4.4 Peru
      5. 12.4.5 Colombia
      6. 12.4.6 Rest of Latin America
    1. 12.5 Latin America smart aquaculture market – Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Country, 2024 - 2031
    2. 12.6 Regional Trends Analysis
      3. 12.7 Latin America smart aquaculture market Research Report - Company Profiles
      1. 12.7.1 Company 1 (Brazil)
      2. 12.7.2 Company 2 (Mexico)
      3. 12.7.3 Company 3 (Mexico)
    13. Middle East and Africa smart aquaculture market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
      13.1 By Technology Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.1.1 AI Feeding Systems
      2. 13.1.2 Water Quality Monitoring
      3. 13.1.3 Autonomous Vehicles
      13.2 By Culture Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.2.1 Marine Cage Systems
      2. 13.2.2 Recirculating Aquaculture
      3. 13.2.3 Pond Culture
      13.3 By Species Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.3.1 Salmon/Trout
      2. 13.3.2 Shrimp
      3. 13.3.3 Sea Bass/Bream
      13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.4.1 Saudi Arabia
      2. 13.4.2 UAE
      3. 13.4.3 South Africa
      4. 13.4.4 Egypt
      5. 13.4.5 Israel
      6. 13.4.6 Rest of Middle East and Africa
    1. 13.5 Middle East and Africa smart aquaculture market – Opportunity Analysis Index, By Technology, By Culture Type, By Species, and Country, 2024 - 2031
    2. 13.6 Regional Trends Analysis
      3. 13.7 Middle East and Africa smart aquaculture market Research Report - Company Profiles
      1. 13.7.1 Company 1 (Saudi Arabia)
      2. 13.7.2 Company 2 (UAE)
      3. 13.7.3 Company 3 (UAE)
    14. Competition Landscape
    1. 14.1 Strategic Dashboard of Top Market Players
      2. 14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 14.2.1 AKVA Group
      2. 14.2.2 Innovasea Systems
      3. 14.2.3 Eruvaka Technologies
      4. 14.2.4 Pentair Aquatic Eco-Systems
      5. 14.2.5 Xylem Inc.
      6. 14.2.6 Aquabyte
      7. 14.2.7 Sensaway
      8. 14.2.8 Deep Trekker
      9. 14.2.9 InnovaSea
      10. 14.2.10 eFishery
      11. 14.2.11 Bluegrove
      12. 14.2.12 YSI (a Xylem brand)
      13. 14.2.13 Aquanetix
      14. 14.2.14 NorseAqua
      15. 14.2.15 AQ1 Systems.
  1. 15. Data Collection Method and Research Approach
  1. 16. Principal Presumptions and Acronyms

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