Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Fishing Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" has been added to ResearchAndMarkets.com's offering.
The global fishing market, appraised at USD 616.8 billion in 2025, is on a growth trajectory, projected to expand at a CAGR of 6.4%, reaching USD 1.07 trillion by 2034.
This dynamic sector integrates commercial and recreational fishing, addressing the rising demand for seafood while navigating sustainability pressures. Key drivers include the escalation in seafood consumption as a primary protein source, alongside the environmental implications of overfishing, which propel innovations in sustainable fishing practices. These advancements encompass eco-friendly fishing gear and regulations aimed at safeguarding marine populations.
Recreational fishing is witnessing a surge, aided by coastal tourism. The introduction of technological solutions like GPS-equipped vessels and automated fish detection systems is enhancing operational efficiency, minimizing environmental disruption. In 2024, sustainability and technology further influence market trends. The intensified focus on aquaculture is notable as wild fish stocks face increased pressure. Modern fish farming techniques, especially recirculating aquaculture systems (RAS), enable sustainable seafood production in land-based environments, easing the burden on natural fisheries.
Sustainable practices, such as biodegradable nets and bycatch reduction techniques, are gaining momentum, driven by regulatory measures from governments and environmental organizations. Additionally, alternative seafood products, including plant-based and lab-grown options, are transforming market dynamics, spurred by environmentally conscious consumers.
Looking into the future, the market anticipates a more profound integration of advanced technologies with sustainability at its core. Innovations such as blockchain for seafood traceability are geared to become widespread, enhancing transparency in supply chains. Smart fishing tools, encompassing automated catch systems and drones, are set to advance efficiency while curtailing environmental impact. The pivot towards plant-based and alternative protein sources promises to disrupt traditional consumption patterns further. Certifications like Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) are increasingly demanded by consumers advocating for sustainable sources.
Key market trends include:
- Sustainable Fishing Practices: Biodegradable nets and bycatch reduction methods are becoming standard to protect marine life.
- Growth of Aquaculture: Enhanced fish farming techniques such as RAS offer sustainable solutions.
- Alternative Seafood Products: Both plant-based and lab-grown seafood are on the rise, reducing ecological footprints.
- Technology Integration: Smart equipment like GPS-enabled vessels and automated systems boost efficiency.
- Blockchain for Seafood Traceability: This technology ensures transparency and ethical sourcing in the seafood supply chain.
Market drivers such as rising seafood demand, sustainability concerns, technological advancements, and regulatory frameworks are steering the industry forward. However, challenges remain, notably overfishing and environmental degradation that imperil global seafood sustainability and disrupt ecosystems.
Market segmentation is extensive, categorized by fishing method, location, species, distribution channels, end-users, and geographical regions. It includes regions such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South and Central America, segmented further by key countries and subcategories.
This research serves industry leaders, strategists, developers, sales managers, and investors, offering vital insights for decision-making and strategy formulation. The analysis includes projected growth, technological developments, and regional performance across the fishing market, providing a comprehensive outlook on future opportunities.
Customized research options are available to fit specific client requirements, covering segmentation, pricing analysis, supply chain insights, technological trends, and economic forecasts.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 150 |
| Forecast Period | 2025-2034 |
| Estimated Market Value (USD) in 2025 | $616.8 Billion |
| Forecasted Market Value (USD) by 2034 | $1075.2 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
Companies Featured in the Report
- Daiwa Corporation
- Johnson Outdoors Inc.
- Maver UK Limited
- Rome Specialty Company Inc.
- Shanghai Kai Chuang Marine International Co. Ltd.
- Pure Fishing Inc.
- Maruha Nichiro Corporation
- Nissui Corporation
- Thai Union Group Public Company Limited
- Mowi ASA
- Dongwon Enterprise Co. Ltd.
- Red Chamber Co.
- Skretting AS
- Trident Seafoods Corp.
- Austevoll Seafood ASA
- Sildarvinnslan HF
- Aleutian Spray Fisheries Inc.
- Sahlman Seafoods Inc.
- Admiralty Island Fisheries Inc.
- Beaver Street Fisheries Inc.
- High Liner Foods Inc.
- Inland Seafood Inc.
- Sysco Corporation
- Salmar Farming AS
- Andrew Marr International Ltd.
- Grieg Seafood ASA
- Marubeni America Corp.
- Charoen Pokphand Foods Group Co. Ltd.
- Kyokuyo Co. Ltd.
- Cooke's fishing division Inc.
- Bakkafrost P/F
- Biofish Holding A/S
- BKV Industries Ltd.
- Blue Island plc
- Brim hf
- Casa Emtia Petrol Kimyevi ve Turevleri Sanayi Ticaret A.S.
- PT Central Proteina Prima Tbk
- PT Cilacap Samudera Fishing Industry Tbk
- Clean Seas Seafood Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/9dww4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
