Market Size of Brazil Fisheries and Aquaculture Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 149.01 Billion |
| Market Size (2029) | USD 176.97 Billion |
| CAGR (2024 - 2029) | 3.50 % |
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Brazil Fisheries and Aquaculture Market Analysis
The Brazil Fisheries and Aquaculture Market size is estimated at USD 149.01 billion in 2024, and is expected to reach USD 176.97 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).
Aquaculture is one of the largest sectors in Brazil, with more than 80.0% of aquaculture is fresh-water aquaculture.
The country is focusing on the fisheries and aquaculture sector, primarily due to the rising interest among investors, both, at domestic and global levels.
Currently, Brazil is the second-largest aquaculture producer in the Latin American and Caribbean region. While Brazil still depends on seafood imports to meet domestic demand, domestic aquaculture production may soon outcompete imported seafood.
