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    Freshwater Fish Market

    ID: MRFR/F-B & N/10155-HCR
    200 Pages
    Harshita Gorade
    September 2025

    Freshwater Fish Market Research Report By Species (Tilapia, Catfish, Trout, Carp, Bass), By Sales Channel (Supermarkets, Online Retail, Fish Markets, Wholesale), By End Use (Food Service, Retail, Processing), By Form (Live, Fresh, Frozen, Canned) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)- Forecast to 2035

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    Freshwater Fish Market Research Report – Forecast till 2035 Infographic
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    Freshwater Fish Market Summary

    As per Market Research Future Analysis, the Freshwater Fish Market was valued at 147.05 USD Billion in 2023 and is projected to grow to 190 USD Billion by 2035, with a CAGR of 2.16% from 2025 to 2035. The market is driven by increasing health awareness, demand for nutritious food, and sustainable fishing practices. The rise in urbanization and e-commerce has also contributed to changing consumer preferences, emphasizing convenience and freshness in food sourcing.

    Key Market Trends & Highlights

    The Global Freshwater Fish Market is witnessing significant trends driven by health consciousness and sustainability.

    • Freshwater Fish Market Size in 2024: 150.22 USD Billion
    • Tilapia segment valuation in 2024: 45.0 USD Billion
    • Food Service sector projected growth: USD 5 trillion by 2025
    • North America market valuation in 2024: 30.0 USD Billion

    Market Size & Forecast

    2023 Market Size USD 147.05 Billion
    2024 Market Size USD 150.22 Billion
    2035 Market Size USD 190 Billion
    CAGR (2025-2035) 2.16%

    Major Players

    Key Companies include Thai Union Group, Royal Greenland, Nissui, Mowi ASA, Maruha Nichiro Corporation, and Trident Seafoods.

    Freshwater Fish Market Trends

    The Global Freshwater Fish Market is experiencing notable market trends driven by various factors. Increasing global populations alongside rising health consciousness are key market drivers leading consumers to seek sustainable protein sources. As freshwater fish are regarded as a healthier alternative to red meat, there’s a heightened interest in aquaculture practices that promote responsible farming methods. Moreover, urbanization is contributing to the demand for fresh food products, creating opportunities for freshwater fish producers to cater to city dwellers who prioritize convenience and freshness.

    Opportunities to be explored include the growing inclination towards organic and locally sourced fish, emphasizing the importance of sustainability in fish farming. Customers are now more inclined to choose fish that have been raised in clean and environmentally sustainable fish farms, making Producers adopt sustainability certification programs that confirm quality assurance. In addition, RAS (Recirculating Aquaculture Systems) is enabling aquaculture to advance with greater efficiency and less environmental impact. Recent trends suggest an increase in the sale of fish online as a result of growth in e-commerce. With regard to ease of access, many consumers prefer buying freshwater fish online.

    These reasons show changes in consumer behavior in relation to modern technology and their purchasing habits.

    The increased emphasis on traceability and transparency in the supply chain is also noteworthy, as buyers increasingly want to know more about the source and quality of their food. Overall, these aspects signify a dynamic landscape for the Global Freshwater Fish Market, pointing toward a future that prioritizes sustainability, health, and convenience.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The Global Freshwater Fish Market is poised for growth, driven by increasing consumer demand for sustainable seafood options and the expansion of aquaculture practices.

    U.S. Department of Agriculture

    Freshwater Fish Market Drivers

    Rising Consumer Demand

    The Global Freshwater Fish Market Industry experiences a notable increase in consumer demand, driven by a growing awareness of health benefits associated with fish consumption. Freshwater fish are rich in omega-3 fatty acids, proteins, and essential vitamins, appealing to health-conscious consumers. In 2024, the market is valued at approximately 150.2 USD Billion, reflecting a shift towards healthier dietary choices. This trend is further supported by initiatives promoting fish as a sustainable protein source, which may enhance market growth. As consumers increasingly seek nutritious food options, the demand for freshwater fish is likely to rise, contributing to the industry's expansion.

    Market Growth Projections

    The Global Freshwater Fish Market Industry is poised for substantial growth, with projections indicating a market value of 190 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 2.16% from 2025 to 2035. Such forecasts suggest a robust demand for freshwater fish, driven by factors such as rising consumer awareness of health benefits, sustainability initiatives, and technological advancements in aquaculture. As the industry adapts to these evolving market conditions, it is likely to witness increased investments and innovations, further solidifying its position in the global food market.

    Sustainability Initiatives

    Sustainability initiatives play a crucial role in shaping the Global Freshwater Fish Market Industry. Governments and organizations are implementing regulations to promote responsible fishing practices and aquaculture. These measures aim to protect aquatic ecosystems while ensuring a steady supply of freshwater fish. For instance, certifications for sustainable fishing practices are becoming more prevalent, influencing consumer purchasing decisions. As the market evolves, adherence to sustainability standards may enhance brand reputation and consumer trust. This focus on sustainability is expected to drive growth, with projections indicating a market value of 190 USD Billion by 2035, reflecting the industry's commitment to environmental stewardship.

    Global Trade and Export Opportunities

    The Global Freshwater Fish Market Industry benefits from expanding trade and export opportunities. Countries with abundant freshwater resources are increasingly exporting fish products to meet global demand. This trend is particularly evident in regions such as Southeast Asia, where countries like Vietnam and Thailand are major exporters of freshwater fish. The growth of international trade agreements facilitates access to new markets, enhancing the industry's reach. As global demand for freshwater fish continues to rise, driven by population growth and changing dietary preferences, the export potential for these products appears promising, contributing to the overall market expansion.

    Consumer Preferences for Local Sourcing

    Consumer preferences for local sourcing are influencing the Global Freshwater Fish Market Industry. There is a growing trend towards purchasing locally sourced fish, as consumers seek fresher options and wish to support local economies. This shift is prompting producers to adapt their supply chains and marketing strategies to emphasize local sourcing. Additionally, local fish markets and community-supported fisheries are gaining popularity, further driving demand for freshwater fish. As this trend continues, it may reshape market dynamics, encouraging producers to focus on regional supply chains and potentially enhancing the overall sustainability of the industry.

    Technological Advancements in Aquaculture

    Technological advancements in aquaculture are transforming the Global Freshwater Fish Market Industry. Innovations such as recirculating aquaculture systems and automated feeding technologies enhance production efficiency and fish health. These advancements enable producers to meet rising consumer demand while minimizing environmental impact. Moreover, the integration of data analytics and monitoring systems allows for better management of fish farms, ensuring optimal growth conditions. As the industry adapts to these technologies, it is likely to experience sustained growth, with a projected compound annual growth rate of 2.16% from 2025 to 2035. This evolution in aquaculture practices may significantly influence market dynamics.

    Market Segment Insights

    Freshwater Fish Market Segment Insights

    Freshwater Fish Market Segment Insights

    Freshwater Fish Market Species Insights

    Freshwater Fish Market Species Insights

    The Global Freshwater Fish Market revenue is significantly shaped by its diverse Species segmentation, which includes key categories such as Tilapia, Catfish, Trout, Carp, and Bass. In 2024, the estimated valuation of the Tilapia segment stood at 45.0 USD Billion, reflecting its major role in global fish consumption due to its mild flavor and adaptability in farming practices. The Catfish segment followed closely, being valued at 30.0 USD Billion in the same year, underscoring its popularity in various cuisines and its robust farming techniques that often yield efficient production.

    Trout, another important segment, generated 20.0 USD Billion in 2024, possessing a niche market due to its preferred taste and health benefits, thereby ensuring a loyal consumer base. On the other hand, the Carp segment held a valuation of 25.0 USD Billion, demonstrating its significant position in many Asian markets where it is traditionally consumed. Bass makes its mark with a 30.22 USD Billion valuation, playing a noticeable role in recreational fishing markets and culinary preferences.

    The collective insights illustrate that the Tilapia and Catfish segments dominate the Global Freshwater Fish Market segmentation due to their widespread acceptance and adaptability in aquaculture, leading to a higher market share. The growth drivers in the freshwater fish market are largely associated with rising health consciousness, as well as increased demand for protein-rich diets. This trend presents ample opportunities for expansion, especially for species that are readily farmed and readily available to consumers. However, the market also faces challenges like environmental concerns related to overfishing and sustainability practices that could affect future growth.

    The projections also indicate that by 2035, the segment valuations will increase notably, including Tilapia, projected to reach 57.0 USD Billion, and Catfish at 39.0 USD Billion, affirming the upward trajectory. The General trend in the Global Freshwater Fish Market statistics shows that consumer preferences dictate the prominence of these species, with an evolving shift towards more sustainable and farm-raised options becoming more popular. This evolving landscape emphasizes not only the importance of each species but also the inherent opportunities for innovation and market adaptation.

    Overall, the species within the Global Freshwater Fish Market industry reveal strong growth potential and significant opportunities for stakeholders engaged in the production and distribution of freshwater fish.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Freshwater Fish Market Sales Channel Insights

    Freshwater Fish Market Sales Channel Insights

    The Global Freshwater Fish Market was valued at 150.22 USD Billion in 2024, with varying dynamics across different sales channels that contribute to market growth. Supermarkets serve as one of the primary sales channels, attracting consumers with their convenience and wide product range. Online retail has gained significant traction, driven by the increasing reliance on digital shopping platforms, a trend that has been amplified by the COVID-19 pandemic.

    Fish markets represent a traditional segment where seafood enthusiasts prefer fresh and local catches, reflecting the consumer's emphasis on quality and sourcing.Wholesale channels play a crucial role by bridging the supply chain between producers and retailers, ensuring efficient distribution of freshwater fish. Each of these segments contributes uniquely to the overall Global Freshwater Fish Market revenue and reflects changing consumer preferences, with the emphasis on sustainability and traceability becoming more pronounced.

    The market has witnessed steady growth due to rising health awareness and the nutritional benefits associated with freshwater fish, fostering opportunities within these sales channels for stakeholders to innovate and adapt to market demands.

    Freshwater Fish Market End Use Insights

    Freshwater Fish Market End Use Insights

    The Global Freshwater Fish Market, which was valued at 150.22 billion USD in 2024, showcases a diverse End Use segment critical for its overall growth. The market segmentation primarily functions in three key areas: Food Service, Retail, and Processing. The Food Service segment plays a vital role as restaurants and food outlets increasingly feature freshwater fish due to its health benefits and culinary versatility, thereby driving market growth.

    Retail takes a significant share, catering to consumer demand for fresh and frozen fish products in supermarkets and specialty stores, which enhances accessibility and encourages consumption.Processing, integral to the value chain, involves converting raw fish into ready-to-eat and packaged products, making it essential for meeting modern consumer preferences for convenience. Overall, the Global Freshwater Fish Market data highlights how these segments interconnect to create a robust industry landscape, with trends indicating a steady increase in demand fueled by health consciousness and sustainable sourcing practices.

    Government initiatives focused on aquaculture sustainability further bolster opportunities within these segments, ensuring that they not only thrive but also adapt to evolving market needs.

    Freshwater Fish Market Form Insights

    Freshwater Fish Market Form Insights

    The Global Freshwater Fish Market has been segmented into various forms, each playing an essential role in meeting consumer demand and preferences. In 2024, the overall market was valued at 150.22 USD Billion, reflecting a steady growth trajectory. The market consists of forms such as Live, Fresh, Frozen, and Canned, which cater to differing consumer needs and regional preferences. For instance, the Live form is often favored in specific markets due to its perceived freshness and quality, while the Fresh and Frozen segments significantly contribute to the convenience factor sought by urban consumers.

    Meanwhile, the Canned form provides a longer shelf life, appealing to customers who prioritize storage convenience and reduced waste. Awareness regarding healthy diets and sustainable fishing practices is driving market growth. However, challenges like overfishing and environmental concerns remain prevalent. The Global Freshwater Fish Market statistics reveal that a balanced combination of these various forms will continue to bolster market diversity and innovation. As demand for sustainable sourcing increases, opportunities in value-added products and premium segments are becoming evident, further influencing the overall dynamics of the industry.

    Get more detailed insights about Freshwater Fish Market Research Report – Forecast till 2035

    Regional Insights

    In the Global Freshwater Fish Market, the regional segmentation reveals significant insights into market dynamics. North America held a valuation of 30.0 USD Billion in 2024, expected to grow to 36.0 USD Billion by 2035, showcasing a robust market driven by a growing focus on aquaculture and sustainability practices.

    Europe was valued at 40.0 USD Billion in 2024 and is projected to reach 45.0 USD Billion in 2035; it stands as a major player due to increased demand for high-quality freshwater fish and stringent regulatory frameworks promoting sustainable fishing.The APAC region, led with a valuation of 50.0 USD Billion in 2024 and anticipated to grow to 60.0 USD Billion, dominates the market significantly owing to its extensive aquaculture practices and a rising population with increased protein consumption needs.

    South America, which had a valuation of 15.0 USD Billion in 2024, is expected to grow to 20.0 USD Billion, benefiting from its rich biodiversity and untapped resources, while the MEA region, valued at 15.22 USD Billion and projected to reach 19.0 USD Billion, underscores the challenges of resource management but holds opportunities due to increasing fish farming companies.Overall, these regions collectively reflect the Global Freshwater Fish Market's revenue potential, showcasing a growth landscape driven by regional demands and varying market conditions.

    Freshwater Fish Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Global Freshwater Fish Market showcases a diverse and competitive landscape marked by significant growth driven by increasing demand for sustainable seafood sources, health-conscious consumer trends, and innovations in aquaculture practices. This market is characterized by a variety of players ranging from large multinational corporations to regional suppliers, all vying for market share while addressing consumer preferences for freshness, quality, and ethical sourcing. The competitive dynamics are shaped by factors such as product differentiation, pricing strategies, distribution channels, and advancements in technology that enhance farming and processing efficiency.

    Additionally, shifting regulatory frameworks and environmental considerations are influencing market strategies, making it essential for companies to adapt quickly to capture emerging opportunities while managing risks associated with overfishing and ecological concerns. Thai Union Group has established itself as a leader in the Global Freshwater Fish Market through its robust manufacturing capabilities and strategic expansion initiatives. The company's diverse product range encompasses both frozen and processed fish products that cater to various consumer tastes and dietary preferences.

    Thai Union Group benefits from its global presence, with an extensive distribution network that enables it to deliver high-quality products to markets across Asia, Europe, and the Americas. The strength of Thai Union Group lies in its commitment to sustainability and innovation, which resonates well with increasingly environmentally conscious consumers. This strategic focus not only enhances brand loyalty but also positions the company favorably against its competitors, who may lag in these vital areas.Royal Greenland is another prominent player within the Global Freshwater Fish Market, recognized for its focus on high-quality seafood products.

    The company offers a variety of freshwater fish products, such as fillets and smoked fish, catering primarily to the retail and hospitality sectors. Royal Greenland's strengths are rooted in its strong commitment to sustainability and traceability, allowing it to secure a loyal customer base that values responsible sourcing practices. The company has actively pursued mergers and acquisitions to enhance its market presence, expand its product lines, and leverage synergies in production and distribution. This strategic approach positions Royal Greenland advantageously, enabling it to respond effectively to changing market demands and regulatory requirements.

    With a focus on innovation and quality, Royal Greenland continues to solidify its role as a key player in the Global Freshwater Fish Market, ensuring its offerings align with contemporary consumer trends and expectations.

    Key Companies in the Freshwater Fish Market market include

    Industry Developments

    Recent developments in the Global Freshwater Fish Market indicate significant activity driven by increased demand for sustainable seafood options and environmental concerns. Companies like Thai Union Group and Mowi ASA have been focusing on improving their aquaculture practices to enhance sustainability. The market has also seen a surge in investments in technology, with AquaBounty Technologies innovating in genetically modified organisms to increase yield efficiency.

    In terms of mergers and acquisitions, Maruha Nichiro Corporation acquired a smaller seafood company in February 2023 to broaden its product portfolio, while Royal Greenland's partnership with Pacific Seafood in March 2023 aims to strengthen its market position in North America. The market valuation has been influenced positively by rising consumer preferences for high-quality, locally sourced fish, especially during the pandemic recovery phase in 2021. This increasing valuation reflects substantial growth as major players like Trident Seafoods and Dongwon Industries expand their production capacities.

    As sustainability and traceability become paramount in consumer buying decisions, the Global Freshwater Fish Market is responding with innovative practices and strategic alliances targeting both operational efficiency and environmental responsibility.

    Future Outlook

    Freshwater Fish Market Future Outlook

    The Global Freshwater Fish Market is projected to grow at a 2.16% CAGR from 2024 to 2035, driven by increasing consumer demand and sustainable aquaculture practices.

    New opportunities lie in:

    • Invest in advanced aquaculture technologies to enhance yield and sustainability.
    • Develop value-added products to cater to health-conscious consumers.
    • Expand distribution channels through e-commerce platforms to reach broader markets.

    By 2035, the market is expected to achieve robust growth, positioning itself as a key player in the global food industry.

    Market Segmentation

    Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 147.05(USD Billion)
    MARKET SIZE 2024 150.22(USD Billion)
    MARKET SIZE 2035 190.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.16% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Thai Union Group, Royal Greenland, Nissui, Mowi ASA, Maruha Nichiro Corporation, Seafood Source, StoltNielsen, Trident Seafoods, AquaBounty Technologies, Sakana Food, Dongwon Industries, Clearwater Seafoods, Pacific Seafood, Grieg Seafood, Cermaq
    SEGMENTS COVERED Species, Sales Channel, End Use, Form, Regional
    KEY MARKET OPPORTUNITIES Sustainable aquaculture practices, E-commerce expansion for fish sales, Increasing health-conscious consumer demand, Innovations in fish farming technologies, Growing popularity of local seafood restaurants
    KEY MARKET DYNAMICS sustainability concerns , rising health awareness , increasing aquaculture production , expanding distribution channels , fluctuating pricing trends
    COUNTRIES COVERED North America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Harshita Gorade
    Research Analyst

    Harshita Post graduate MBA in Business Administration from Welingkar Institute, Mumbai and 5 years of experience in the field of product market research. As a Research Analyst, I have cross-domain experience in packaging, and industrial Automation & Equipment. I am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at Market Research Future Reports. My responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.

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    FAQs

    What is the expected market size of the Global Freshwater Fish Market in 2024?

    The Global Freshwater Fish Market is expected to be valued at 150.22 USD Billion in 2024.

    What is the projected market size of the Global Freshwater Fish Market by 2035?

    By 2035, the market is projected to be valued at 190.0 USD Billion.

    What is the expected CAGR for the Global Freshwater Fish Market from 2025 to 2035?

    The expected CAGR for the market from 2025 to 2035 is 2.16%.

    Which region is expected to dominate the Global Freshwater Fish Market by 2035?

    The APAC region is expected to dominate the market with a valuation of 60.0 USD Billion by 2035.

    What is the market size of Tilapia in the Global Freshwater Fish Market in 2024?

    Tilapia is valued at 45.0 USD Billion in the Global Freshwater Fish Market in 2024.

    Who are the key players in the Global Freshwater Fish Market?

    Key players in the market include Thai Union Group, Royal Greenland, Mowi ASA, and AquaBounty Technologies.

    What is the market size for Catfish in the Global Freshwater Fish Market by 2035?

    The market size for Catfish is expected to reach 39.0 USD Billion by 2035.

    How much is the North American market for freshwater fish valued at in 2024?

    The North American market for freshwater fish is valued at 30.0 USD Billion in 2024.

    What are the growth opportunities in the Global Freshwater Fish Market?

    Opportunities in the market are driven by increasing demand for healthy protein sources and sustainable fishing practices.

    What is the market size for Trout in 2024?

    The market size for Trout in 2024 is valued at 20.0 USD Billion.

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