The latest report by IMARC Group, titled "Australia Aquaculture Market Size, Share, Trends and Forecast by Fish Type, Environment, Distribution Channel, and Region, 2025-2033," offers a comprehensive analysis of the Australia aquaculture market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The Australia aquaculture market size reached 2.3 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 3.4 Million Tons by 2033, exhibiting a growth rate (CAGR) of 3.80% during 2025-2033.
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: 2.3 Million Tons
Market Forecast in 2033: 3.4 Million Tons
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Australia Aquaculture Market Trends and Drivers
Technological Advancements and Land-Based Aquaculture
The Australian aquaculture sector is witnessing high adoption of state-of-the-art technologies, including automated feeders, accurate water monitoring, and disease management technology. Land-based Recirculating Aquaculture Systems (RAS) are gaining traction as green solutions for onshore aquafarming. In November 2024, construction began on a new Waikerie, South Australia inland fish farm venture using deep saline groundwater to cultivate yellowtail kingfish. Such initiatives are striving for productivity uplift with less environmental impact. Furthermore, breakthroughs in artificial intelligence and analytics are also driving operational efficiency, sustainability, and traceability.
Policy Support and Sustainable Expansion
The government's strategic emphasis on innovation, food security, and sustainability is supporting market growth. In March 2025, the Albanese Government committed AUD 28 million (USD 18.4 million) to enhance environmental quality and water quality in Macquarie Harbour to assist the salmon sector. The money will support oxygenation systems, breeding programs, and ecological monitoring. Regulatory reform and biosecurity efforts also enhance consumer confidence in farmed seafood. Combined with strategic cooperation between private industry and public agencies, such support places Australia at the forefront of responsible aquaculture.
1. By Fish Type
• Freshwater Fish
• Molluscs
• Crustaceans
• Others
2. By Environment
• Fresh Water
• Marine Water
• Brackish Water
3. By Distribution Channel
• Traditional Retail
• Supermarkets and Hypermarkets
• Specialized Retailers
• Online Stores
• Others
4. By Region
• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia
Australia Aquaculture Market News
• January 2024: Genics launched Shrimp MultiPath 2.0, a diagnostic tool capable of detecting 18 shrimp pathogens in one test.
• March 2025: The Community-Based Aquaculture Training Project initiated a collaboration between the Aboriginal Sea Company and Skills Insight to promote skill development and community-based aquaculture.
Key Highlights of the Report
1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current, and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask Analyst for Your Customized Sample: https://www.imarcgroup.com/request?type=report&id=32007&flag=E
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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.