Japan: next generation aquaculture market size by type 2027

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In the fiscal year 2022, the low fish meal feed market in Japan was valued at around 38 billion Japanese yen, with forecasts suggesting a growth to over 66 billion yen in fiscal 2027. While the total market size of next generation aquacultures and fish farming in Japan reached approximately 47 billion yen in 2022, it was expected to grow beyond 81 billion yen by 2027, with new methods like smart aquaculture entering and expanding in the domestic market.

Sales value of the next-generation aquaculture and fish farming market in Japan in fiscal year 2022 with a forecast for 2027, by type (in billion Japanese yen)

Characteristic	Low-fish meal feed	Land-based aquaculture**	Smart aquaculture***	Insect-protein based fishmeal feed
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Release date

October 2023

More information

Region

Japan

Survey time period

fiscal year 2022; the Japanese fiscal year runs from April 1 of the stated year to March 31 of the following year

Special properties

the market size is based on the sales of enterprises

Supplementary notes

*Forecast.
**Including freely-flowing water and closed recirculation systems.
***Including automatic fish feeding and offshore aquaculture systems.
Research targets were market players developing next generation fish farming/aquaculture technologies (smart aquaculture [automatic fish feeder system, offshore aquaculture system], land-based aquaculture systems, low-fish meal feeds, and insect-protein fishmeal), fish farms, universities, related public organizations, and R&D institutions.

100 Japanese yen equal 0.66 U.S. dollars or 0.61 euros as of April 2024.
Values have been rounded.

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