Market Forecast By Type (Unprocessed, Processed) And Competitive Landscape
Product Code: ETC6282348 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch internal database and industry insights,
Report Name | Bangladesh Aquaculture Market |
Forecast period | 2025-2031 |
CAGR | 8% |
Growing Sector | Freshwater Fish and Shrimp Farming |
The Bangladesh Aquaculture Market report thoroughly covers the market by environment, fish type, and regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh Aquaculture Market is undergoing crucial growth, spurred by its significant role in ensuring national food security, developing employment, and increasing export earnings. Major factors proliferating the Bangladesh Aquaculture Market Growth include government support, advancements in farming techniques, and increasing domestic and international demand for fish and seafood. Aquaculture means breeding, raising, and harvesting aquatic species in distinct water environments consisting of freshwater, brackish water, and marine water.
The Bangladesh Aquaculture Market is projected to grow rapidly, growing at a CAGR of 8% during the forecast period 2025-2031. This extension is proliferated by rising private investment in hatcheries and feed mills, developed water management practices, and the introduction of high-yield fish breeds. The increasing requirement for processed and value-added fish products in export markets also adds significantly to Bangladesh Aquaculture Market Revenue.
Conversely, the enlargement of the Bangladesh Aquaculture Market is hindered by challenges such as the widespread occurrence of fish diseases, poor post-harvest management, and the high cost of quality fish feed and seeds. Moreover, the sector faces obstacles related to inadequate infrastructure, limited access to credit for small-scale farmers, and the impacts of climate change, consisting of salinity intrusion and extreme weather events.
Bangladesh Aquaculture Industry is witnessing major trends such as the utilization of Biofloc technology for high-density fish farming, the integration of aquaponics systems, and a moving towards cage culture in open water bodies. There is an increasing prevalence of sustainable and organic aquaculture practices to meet international quality standards and consumer preferred choices. Additionally, digitalization is showing healthy growth, with mobile apps being developed to offer farmers real-time information on market costs, weather forecasts, and best management practices.
The Bangladesh Aquaculture Industry is poised for crucial growth, presenting numerous investment opportunities. These consist of developing modern fish processing and cold storage resources, allocating money in advanced feed formulation technologies, and setting up certified hatcheries for disease-free fish seeds. In technology-driven solutions, such as IoT-based water quality monitoring systems and AI-powered farm management platforms, many opportunities are present which are attracting both domestic and foreign investment.
Bangladesh Aquaculture Market is identified by a mix of large integrated companies and various small-scale farmers. Leading players in the industry include CP Bangladesh, Quality Feeds Ltd., and ACI Agribusinesses. Small and medium-sized enterprises (SMEs) also play an important role, particularly in specialized segments like shrimp and crab farming.
According to Bangladeshi Government Data, several regulations and policies to encourage the sustainable growth of the aquaculture sector are being introduced by the government. For example, the National Fisheries Policy and the Fish Feed and Animal Feed Act have an objective to ensure the quality and safety of aquaculture inputs and products. The government has introduced initiatives like the "National Agricultural Technology Program-II Project (NATP-2)," which gives training and technical support to fish farmers to encourage modern and sustainable aquaculture practices.
Bangladesh Aquaculture Market focuses on technological innovation and sustainability which will help shape the market landscape. Future trends will consist of the wider adoption of genetically improved fish strains for increased growth and disease protection. As the government continues to invest in infrastructure and research, the industry will extend its capacity for high-value species cultivation, further strengthening Bangladesh's position as a major player in the global aquaculture landscape.
The report offers a comprehensive study of the subsequent market segments and their leading categories:
By Environment (Marine Water, Fresh Water, Brackish Water), the freshwater segment has the leading market share in Bangladesh. The country's vast network of rivers, ponds, and floodplains provides an ideal environment for freshwater aquaculture. This segment's growth is underpinned by the extensive culture of native and exotic carp species, tilapia, and catfish, which are staples in the local diet.
According to Parth, Senior Research Analyst at 6Wresearch, carps are the leading category in the Bangladesh Aquaculture Market. Species like Rui, Catla, and Mrigel are increasingly cultured across the country due to their high consumer demand, adaptability to local conditions, and established farming techniques.
The market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Aquaculture Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Aquaculture Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Aquaculture Market - Industry Life Cycle |
3.4 Bangladesh Aquaculture Market - Porter's Five Forces |
3.5 Bangladesh Aquaculture Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Bangladesh Aquaculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for seafood products |
4.2.2 Government support and initiatives to promote aquaculture industry |
4.2.3 Technological advancements in aquaculture practices |
4.3 Market Restraints |
4.3.1 Environmental concerns and sustainability issues |
4.3.2 Disease outbreaks in aquaculture farms |
4.3.3 Lack of infrastructure and access to capital for small-scale farmers |
5 Bangladesh Aquaculture Market Trends |
6 Bangladesh Aquaculture Market, By Types |
6.1 Bangladesh Aquaculture Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Aquaculture Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Bangladesh Aquaculture Market Revenues & Volume, By Unprocessed, 2021- 2031F |
6.1.4 Bangladesh Aquaculture Market Revenues & Volume, By Processed, 2021- 2031F |
7 Bangladesh Aquaculture Market Import-Export Trade Statistics |
7.1 Bangladesh Aquaculture Market Export to Major Countries |
7.2 Bangladesh Aquaculture Market Imports from Major Countries |
8 Bangladesh Aquaculture Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) for aquaculture farms |
8.2 Percentage of aquaculture farms implementing sustainable practices |
8.3 Investment in aquaculture research and development |
8.4 Adoption rate of technology in aquaculture practices |
8.5 Percentage of aquaculture farms complying with regulations and standards |
9 Bangladesh Aquaculture Market - Opportunity Assessment |
9.1 Bangladesh Aquaculture Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Bangladesh Aquaculture Market - Competitive Landscape |
10.1 Bangladesh Aquaculture Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Aquaculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |