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Land-Based Seafood Farming Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type

Publisher Prof-Research
Published Mar 23, 2025
Length 97 Pages
SKU # PROF19876298

Description

Land-Based Seafood Farming Market Summary

Land-based seafood farming involves the cultivation of aquatic species, such as salmon, trout, and shrimp, in controlled, terrestrial facilities using recirculating aquaculture systems (RAS) or flow-through setups. This industry is characterized by its sustainability, reduced environmental impact, and ability to produce high-quality seafood independent of coastal access. Available in seawater and freshwater variants, it serves food service and retail applications, emphasizing biosecurity, traceability, and proximity to consumer markets. The market reflects a shift toward innovative aquaculture solutions, driven by declining wild fish stocks, growing seafood demand, and advancements in water treatment technologies. Key growth factors include consumer preference for sustainable proteins, regulatory support for eco-friendly farming, and the scalability of RAS systems.

Market Size and Growth Forecast
The global land-based seafood farming market is estimated to reach USD 3.2 to 5.4 billion in 2025, with a projected compound annual growth rate (CAGR) of 6.0% to 7.0% from 2025 to 2030. This growth is fueled by expanding aquaculture adoption and technological advancements in farming systems.

Regional Analysis
North America: Holds 25-30% market share, with a growth rate of 5-6%. Growth is driven by premium seafood demand, with the United States leading in salmon and shrimp production and Canada focusing on sustainable RAS facilities.
Europe: Accounts for 30-35% market share, with a growth rate of 6-7%. Demand from Norway and Denmark supports dominance, driven by strong aquaculture innovation and export markets.
Asia Pacific: Represents 20-25% market share, with a growth rate of 7-8%. China and Japan drive growth with increasing inland farming and government-backed sustainability initiatives.
Rest of the World: Holds 10-15% market share, growing at 6-7%, with Chile leading due to its focus on freshwater species and export potential.
Trends in Europe emphasize technological sophistication, while Asia Pacific prioritizes scalability and cost efficiency to meet rising domestic demand.

Application Analysis
Food service grows at 6-7%, driven by restaurant and hospitality demand, with trends toward fresh, locally farmed seafood in premium dining. Retail grows at 5-6%, fueled by consumer purchases, with trends toward packaged, traceable products in supermarkets and specialty stores.

Product Type Analysis
Seawater seafood farming grows at 6-7%, favored for replicating marine conditions in RAS, with trends toward salmon and high-value species for export markets. Freshwater seafood farming grows at 5-6%, driven by accessibility and species like trout and tilapia, with trends toward inland expansion and lower operational costs.

Key Market Players
Pure Salmon: A global leader in RAS-based salmon farming, Pure Salmon focuses on sustainable, high-quality production. Known for its advanced facilities, it serves food service and retail with premium seafood near urban centers.
Atlantic Sapphire: Atlantic Sapphire specializes in land-based salmon farming using seawater RAS. Renowned for its eco-friendly, large-scale operations, it targets North American and European retail markets with traceable products.
Balmoral Tanks: Balmoral Tanks provides infrastructure solutions for land-based aquaculture. It excels in durable, customizable tank systems, supporting both freshwater and seawater farming globally.
Matorka: Matorka focuses on Arctic char and salmon farming in Iceland. Known for its sustainable, geothermal-powered RAS, it serves food service with high-quality, niche seafood.
Kuterra Limited: Kuterra Limited pioneers land-based salmon farming in Canada. It stands out for its biosecure, community-supported model, targeting retail and food service with premium offerings.
Danish Salmon: Danish Salmon produces salmon using advanced RAS technology. Renowned for its efficient, sustainable practices, it serves European food service and retail markets with consistent quality.
Superior Fresh: Superior Fresh combines aquaponics with salmon and leafy greens farming. Known for its innovative, eco-conscious approach, it targets U.S. retail with fresh, organic seafood.
AquaBounty: AquaBounty focuses on genetically engineered salmon in land-based systems. It excels in fast-growing, sustainable production, serving food service and retail with a unique market edge.
AKVA Group: AKVA Group supplies technology and equipment for land-based farming. Renowned for its comprehensive RAS solutions, it supports global producers with scalable systems.
Innovasea: Innovasea offers advanced aquaculture technologies for land-based setups. Known for its precision monitoring tools, it serves both seawater and freshwater farming with cutting-edge innovations.
Aquabanq: Aquabanq develops large-scale RAS facilities for salmon. It focuses on high-output, sustainable farming, targeting food service and retail with premium seafood.
AquaBioTech: AquaBioTech provides consulting and RAS solutions for seafood farming. It excels in customized, efficient systems, supporting producers worldwide with technical expertise.
Afry: Afry delivers engineering and design services for land-based aquaculture. Known for its sustainable infrastructure, it supports both freshwater and seawater operations globally.
Morefish: Morefish focuses on freshwater species like trout in RAS systems. It stands out for its cost-effective, scalable solutions, targeting Asia Pacific retail markets.
These companies compete on sustainability, technology, and quality, driving the market through innovation and strategic expansions.

Porter’s Five Forces Analysis
The threat of new entrants is moderate, requiring significant capital for RAS setups and technical expertise, though smaller players can emerge with niche species. Substitutes are low, with wild-caught seafood declining and unable to match land-based scalability. Buyer power is medium, with food service and retail chains negotiating prices, but growing demand for sustainable seafood limits leverage. Supplier power is moderate, with reliance on specialized equipment like pumps and filters balanced by multiple providers. Rivalry is high, with players differentiating through technology, species variety, and certifications, fostering continuous advancements.

Tariff Conflict and Supply Chain Localization Trend
Tariff conflicts increase costs for imported RAS equipment and processed seafood, encouraging localized production in North America and Europe. In the United States and Canada, localization supports domestic demand and reduces reliance on foreign tech, though higher setup costs challenge profitability. In Europe, regional supply chains align with sustainability goals but raise operational expenses, impacting pricing. This trend enhances supply resilience while requiring firms to adapt to local regulatory and cost dynamics, particularly in high-growth markets like Asia Pacific.

Market Opportunities and Challenges
Opportunities
Rising global seafood demand boosting land-based farming adoption.
Advancements in RAS technology improving efficiency and scalability.
Government support for sustainable aquaculture driving investment in key regions.
Challenges
High initial capital costs limiting entry for small-scale producers.
Energy-intensive operations increasing production expenses.
Regulatory complexities and water use restrictions impacting expansion.

Merger and Acquisition News
Cooke Subsidiary Acquires Aqua Bounty Canada Inc. on Prince Edward Island (February 10, 2025)
On February 10, 2025, Kelly Cove Salmon Ltd. (KCS), a subsidiary of Cooke Aquaculture Inc., acquired the defunct operations of Aqua Bounty Canada Inc. on Prince Edward Island. This deal involved taking over facilities once used for Aqua Bounty’s genetically engineered salmon production. Cooke intends to repurpose these assets to produce large smolts for its ocean-based salmon farming operations in Atlantic Canada, focusing on job preservation and operational expansion rather than continuing Aqua Bounty’s biotech approach.

New Investor Group Led by Former CEO Acquires Noray Seafood (April 23, 2024)
On April 23, 2024, a new investor group, spearheaded by Bjørn Aspheim, the co-founder and former CEO of Noray Seafood, completed the acquisition of the Spain-based company. Noray Seafood specializes in land-based shrimp aquaculture, aiming to deliver sustainable, high-quality shrimp. Aspheim’s return as CEO through this acquisition signals a strategic push to scale the company’s innovative technology and strengthen its foothold in the European seafood market.



Growth Trend Analysis
FAO data highlights that in 2022, 38% of aquatic animal production (70 million tonnes) occurred in inland waters, with 84% from aquaculture and 16% from capture fisheries. This marks a significant expansion of aquaculture over recent decades, boosting inland production and driving demand for land-based seafood farming, particularly freshwater systems. The shift reflects declining wild stocks and a growing reliance on controlled farming, with RAS technology enabling high-density production of species like salmon and trout. In North America, companies like Atlantic Sapphire and Superior Fresh capitalize on this trend, meeting retail demand for sustainable, locally farmed seafood.
In Europe, Norway and Denmark lead with seawater RAS, leveraging decades of aquaculture expertise to supply premium salmon to food service markets. Asia Pacific, particularly China, sees freshwater farming growth for tilapia and shrimp, supported by government policies promoting inland aquaculture. The stable outlook for 2025, with a CAGR of 6-7%, aligns with this expansion, though growth is tempered by space and regulatory limits on seawater systems. Globally, the rise of land-based farming supports a robust market trajectory, with freshwater systems gaining traction in inland regions and seawater setups dominating premium export markets, underpinned by consumer demand for sustainable seafood.

Table of Contents

97 Pages
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter Four Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Land-Based Seafood Farming Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Land-Based Seafood Farming Market in North America (2020-2030)
8.1 Land-Based Seafood Farming Market Size
8.2 Land-Based Seafood Farming Market by End Use
8.3 Competition by Players/Suppliers
8.4 Land-Based Seafood Farming Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Land-Based Seafood Farming Market in South America (2020-2030)
9.1 Land-Based Seafood Farming Market Size
9.2 Land-Based Seafood Farming Market by End Use
9.3 Competition by Players/Suppliers
9.4 Land-Based Seafood Farming Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Land-Based Seafood Farming Market in Asia & Pacific (2020-2030)
10.1 Land-Based Seafood Farming Market Size
10.2 Land-Based Seafood Farming Market by End Use
10.3 Competition by Players/Suppliers
10.4 Land-Based Seafood Farming Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Land-Based Seafood Farming Market in Europe (2020-2030)
11.1 Land-Based Seafood Farming Market Size
11.2 Land-Based Seafood Farming Market by End Use
11.3 Competition by Players/Suppliers
11.4 Land-Based Seafood Farming Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Land-Based Seafood Farming Market in MEA (2020-2030)
12.1 Land-Based Seafood Farming Market Size
12.2 Land-Based Seafood Farming Market by End Use
12.3 Competition by Players/Suppliers
12.4 Land-Based Seafood Farming Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Land-Based Seafood Farming Market (2020-2025)
13.1 Land-Based Seafood Farming Market Size
13.2 Land-Based Seafood Farming Market by End Use
13.3 Competition by Players/Suppliers
13.4 Land-Based Seafood Farming Market Size by Type
Chapter 14 Global Land-Based Seafood Farming Market Forecast (2025-2030)
14.1 Land-Based Seafood Farming Market Size Forecast
14.2 Land-Based Seafood Farming Application Forecast
14.3 Competition by Players/Suppliers
14.4 Land-Based Seafood Farming Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Pure Salmon
15.1.1 Company Profile
15.1.2 Main Business and Land-Based Seafood Farming Information
15.1.3 SWOT Analysis of Pure Salmon
15.1.4 Pure Salmon Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.2 Atlantic Sapphire
15.2.1 Company Profile
15.2.2 Main Business and Land-Based Seafood Farming Information
15.2.3 SWOT Analysis of Atlantic Sapphire
15.2.4 Atlantic Sapphire Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.3 Balmoral Tanks
15.3.1 Company Profile
15.3.2 Main Business and Land-Based Seafood Farming Information
15.3.3 SWOT Analysis of Balmoral Tanks
15.3.4 Balmoral Tanks Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.4 Matorka
15.4.1 Company Profile
15.4.2 Main Business and Land-Based Seafood Farming Information
15.4.3 SWOT Analysis of Matorka
15.4.4 Matorka Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.5 Kuterra Limited
15.5.1 Company Profile
15.5.2 Main Business and Land-Based Seafood Farming Information
15.5.3 SWOT Analysis of Kuterra Limited
15.5.4 Kuterra Limited Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.6 Danish Salmon
15.6.1 Company Profile
15.6.2 Main Business and Land-Based Seafood Farming Information
15.6.3 SWOT Analysis of Danish Salmon
15.6.4 Danish Salmon Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.7 Superior Fresh
15.7.1 Company Profile
15.7.2 Main Business and Land-Based Seafood Farming Information
15.7.3 SWOT Analysis of Superior Fresh
15.7.4 Superior Fresh Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
15.8 AquaBounty
15.8.1 Company Profile
15.8.2 Main Business and Land-Based Seafood Farming Information
15.8.3 SWOT Analysis of AquaBounty
15.8.4 AquaBounty Land-Based Seafood Farming Revenue, Gross Margin and Market Share (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Land-Based Seafood Farming Report
Table Data Sources of Land-Based Seafood Farming Report
Table Major Assumptions of Land-Based Seafood Farming Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Land-Based Seafood Farming Picture
Table Land-Based Seafood Farming Classification
Table Land-Based Seafood Farming Applications
Table Drivers of Land-Based Seafood Farming Market
Table Restraints of Land-Based Seafood Farming Market
Table Opportunities of Land-Based Seafood Farming Market
Table Threats of Land-Based Seafood Farming Market
Table Covid-19 Impact For Land-Based Seafood Farming Market
Table Raw Materials Suppliers
Table Different Production Methods of Land-Based Seafood Farming
Table Cost Structure Analysis of Land-Based Seafood Farming
Table Key End Users
Table Latest News of Land-Based Seafood Farming Market
Table Merger and Acquisition
Table Planned/Future Project of Land-Based Seafood Farming Market
Table Policy of Land-Based Seafood Farming Market
Table 2020-2030 North America Land-Based Seafood Farming Market Size
Figure 2020-2030 North America Land-Based Seafood Farming Market Size and CAGR
Table 2020-2030 North America Land-Based Seafood Farming Market Size by Application
Table 2020-2025 North America Land-Based Seafood Farming Key Players Revenue
Table 2020-2025 North America Land-Based Seafood Farming Key Players Market Share
Table 2020-2030 North America Land-Based Seafood Farming Market Size by Type
Table 2020-2030 United States Land-Based Seafood Farming Market Size
Table 2020-2030 Canada Land-Based Seafood Farming Market Size
Table 2020-2030 Mexico Land-Based Seafood Farming Market Size
Table 2020-2030 South America Land-Based Seafood Farming Market Size
Figure 2020-2030 South America Land-Based Seafood Farming Market Size and CAGR
Table 2020-2030 South America Land-Based Seafood Farming Market Size by Application
Table 2020-2025 South America Land-Based Seafood Farming Key Players Revenue
Table 2020-2025 South America Land-Based Seafood Farming Key Players Market Share
Table 2020-2030 South America Land-Based Seafood Farming Market Size by Type
Table 2020-2030 Brazil Land-Based Seafood Farming Market Size
Table 2020-2030 Argentina Land-Based Seafood Farming Market Size
Table 2020-2030 Chile Land-Based Seafood Farming Market Size
Table 2020-2030 Peru Land-Based Seafood Farming Market Size
Table 2020-2030 Asia & Pacific Land-Based Seafood Farming Market Size
Figure 2020-2030 Asia & Pacific Land-Based Seafood Farming Market Size and CAGR
Table 2020-2030 Asia & Pacific Land-Based Seafood Farming Market Size by Application
Table 2020-2025 Asia & Pacific Land-Based Seafood Farming Key Players Revenue
Table 2020-2025 Asia & Pacific Land-Based Seafood Farming Key Players Market Share
Table 2020-2030 Asia & Pacific Land-Based Seafood Farming Market Size by Type
Table 2020-2030 China Land-Based Seafood Farming Market Size
Table 2020-2030 India Land-Based Seafood Farming Market Size
Table 2020-2030 Japan Land-Based Seafood Farming Market Size
Table 2020-2030 South Korea Land-Based Seafood Farming Market Size
Table 2020-2030 Southeast Asia Land-Based Seafood Farming Market Size
Table 2020-2030 Australia Land-Based Seafood Farming Market Size
Table 2020-2030 Europe Land-Based Seafood Farming Market Size
Figure 2020-2030 Europe Land-Based Seafood Farming Market Size and CAGR
Table 2020-2030 Europe Land-Based Seafood Farming Market Size by Application
Table 2020-2025 Europe Land-Based Seafood Farming Key Players Revenue
Table 2020-2025 Europe Land-Based Seafood Farming Key Players Market Share
Table 2020-2030 Europe Land-Based Seafood Farming Market Size by Type
Table 2020-2030 Germany Land-Based Seafood Farming Market Size
Table 2020-2030 France Land-Based Seafood Farming Market Size
Table 2020-2030 United Kingdom Land-Based Seafood Farming Market Size
Table 2020-2030 Italy Land-Based Seafood Farming Market Size
Table 2020-2030 Spain Land-Based Seafood Farming Market Size
Table 2020-2030 Belgium Land-Based Seafood Farming Market Size
Table 2020-2030 Netherlands Land-Based Seafood Farming Market Size
Table 2020-2030 Austria Land-Based Seafood Farming Market Size
Table 2020-2030 Poland Land-Based Seafood Farming Market Size
Table 2020-2030 Russia Land-Based Seafood Farming Market Size
Table 2020-2030 MEA Land-Based Seafood Farming Market Size
Figure 2020-2030 MEA Land-Based Seafood Farming Market Size and CAGR
Table 2020-2030 MEA Land-Based Seafood Farming Market Size by Application
Table 2020-2025 MEA Land-Based Seafood Farming Key Players Revenue
Table 2020-2025 MEA Land-Based Seafood Farming Key Players Market Share
Table 2020-2030 MEA Land-Based Seafood Farming Market Size by Type
Table 2020-2030 Egypt Land-Based Seafood Farming Market Size
Table 2020-2030 Israel Land-Based Seafood Farming Market Size
Table 2020-2030 South Africa Land-Based Seafood Farming Market Size
Table 2020-2030 Gulf Cooperation Council Countries Land-Based Seafood Farming Market Size
Table 2020-2030 Turkey Land-Based Seafood Farming Market Size
Table 2020-2025 Global Land-Based Seafood Farming Market Size by Region
Table 2020-2025 Global Land-Based Seafood Farming Market Size Share by Region
Table 2020-2025 Global Land-Based Seafood Farming Market Size by Application
Table 2020-2025 Global Land-Based Seafood Farming Market Share by Application
Table 2020-2025 Global Land-Based Seafood Farming Key Vendors Revenue
Figure 2020-2025 Global Land-Based Seafood Farming Market Size and Growth Rate
Table 2020-2025 Global Land-Based Seafood Farming Key Vendors Market Share
Table 2020-2025 Global Land-Based Seafood Farming Market Size by Type
Table 2020-2025 Global Land-Based Seafood Farming Market Share by Type
Table 2025-2030 Global Land-Based Seafood Farming Market Size by Region
Table 2025-2030 Global Land-Based Seafood Farming Market Size Share by Region
Table 2025-2030 Global Land-Based Seafood Farming Market Size by Application
Table 2025-2030 Global Land-Based Seafood Farming Market Share by Application
Table 2025-2030 Global Land-Based Seafood Farming Key Vendors Revenue
Figure 2025-2030 Global Land-Based Seafood Farming Market Size and Growth Rate
Table 2025-2030 Global Land-Based Seafood Farming Key Vendors Market Share
Table 2025-2030 Global Land-Based Seafood Farming Market Size by Type
Table 2025-2030 Land-Based Seafood Farming Global Market Share by Type

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