Oman Aquaculture Market Size and Share

Oman Aquaculture Market (2025 - 2030)
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Oman Aquaculture Market Analysis by Mordor Intelligence

The Oman aquaculture market size reached USD 640.0 million in 2025 and is projected to grow to USD 825.0 million by 2030, at a CAGR of 5.2%. The sultanate's focus on economic diversification amid fluctuating oil prices has positioned aquaculture as a key sector in Vision 2040 for non-oil revenue generation. A USD 1.2 billion World Bank-supported initiative is facilitating investments in hatcheries, marine cages, and processing facilities[1]Source: Sustainable Management of the Fisheries Sector in Oman: A Vision for Shared Prosperity, World Bank, worldbank.org. The market benefits from extensive coastline access, regional protein demand, and established trade routes. Pelagic fish dominate consumption, and shrimp farming is expanding through controlled-environment systems that yield higher prices and better feed conversion ratios. The Duqm Industrial Fisheries Port's modern facilities and integrated cold chain networks reduce post-harvest losses and improve export profitability. The industry faces challenges from climate variability and limited seed-stock availability, requiring enhanced production systems and biosecurity measures.

Key Report Takeaways

  • By type, pelagic species led with 36.2% of the Oman aquaculture market share in 2024, while shrimp is projected to expand at a 5.5% CAGR through 2030.

Segment Analysis

By Type: Pelagic Species Drive While Shirmp Segments Capture Value

Pelagic fish accounts for 36.2% of the Oman aquaculture market share in 2024, primarily through sardine and mackerel landings processed at Duqm canneries. The segment maintains consistent demand from West Africa and Gulf Cooperation Council markets through established offtake agreements and efficient distribution networks. The pelagic segment's volume leadership strengthens its position in cold-chain service negotiations. The demersal fish segment maintains moderate pricing while serving Gulf Cooperation Council consumers focused on product freshness and traceability. Freshwater tilapia production in land-based tanks reached 179 metric tons, valued at OMR 268,000 (USD 696,000), representing a 76.4% annual increase. The recirculation systems support national water conservation initiatives.

The shrimp segment in Oman's aquaculture market projects a 5.5% CAGR through 2030, increasing its market share contribution. The segment utilizes intensive pond and biofloc systems to maximize stocking density while maintaining water quality standards. Blue Waters' planned expansion of gilthead seabream production to 10,000 metric tons indicates the viability of marine cage operations alongside shrimp farming through integrated management systems. The market includes experimental lobster and abalone production targeting premium sushi markets. The implementation of AI-based digital twin technology achieves feeding accuracy exceeding 95%, optimizing biomass growth within specific temperature parameters.

Oman Aquaculture Market: Market Share by Type
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Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

The northern governorates of Oman benefit from their proximity to the United Arab Emirates, enabling same-day deliveries of fresh chilled products. Improved road infrastructure and streamlined customs processes reduce transit times, particularly benefiting live-fish transportation to premium restaurants. The mid-coast regions surrounding Muscat combine convenient airport access with growing retail demand, supporting combined retail-export operations that increase domestic market share. The southern Dhofar region provides deeper offshore waters and cooler upwelling conditions, making it suitable for large pelagic cages and integrated multi-trophic farms. The Duqm Special Economic Zone provides centralized processing facilities and fiscal incentives, offering efficient access from production sites to shipping terminals.

Coastal studies indicate significant sediment accumulation in areas affected by port development, creating natural protection suitable for cage installations. The Khawr Dawkah mangrove system combines ecotourism opportunities with nursery habitats, supporting both conservation and aquaculture while offering potential blue-carbon credits. Spatial planning incorporates carrying-capacity assessments to maintain balance between nutrient levels and water circulation, reducing eutrophication risks. The integration of renewable energy zones with aquaculture areas requires coordinated planning to prevent conflicts with anchoring systems and protect underwater cables. Offshore wind farms may potentially share space with submersible cages; the technical guidelines are still under development.

Freshwater aquaculture facilities are concentrated near inland wadis with consistent groundwater access. In Al-Dakhiliyah, tilapia producers use closed-loop systems to overcome salinity challenges while providing rural employment opportunities. Future growth depends on effective wastewater management and feed importation systems. The diverse geographic distribution of production sites allows the Omani aquaculture market to maintain varied species production, reducing exposure to climate and market fluctuations.

Recent Industry Developments

  • June 2025: The Sultanate of Oman and the Food and Agriculture Organization of the United Nations (FAO) signed a Host Country Agreement to establish FAO's permanent representation in Oman. This agreement aims to enhance food security cooperation in the region through sustainable fisheries management, technical support, and projects in aquaculture and climate resilience.
  • May 2025: United Aquaculture Company (UA) and MAT-KULING Vannbehandling AS (MK) signed a Memorandum of Understanding (MoU) to develop marine aquaculture facilities at Seeb Port, Oman. The collaboration aims to establish an integrated aquaculture project to produce 5,000 metric tons of marine seafood annually, with a focus on sea bream (Sparus aurata).
  • January 2025: Oman established its first fish farm utilizing the Recirculating Aquaculture System (RAS) technology. Located in Al Musannah, South Al Batinah Governorate, the pilot project has a production capacity of 8 metric tons and specializes in sea bream farming.
  • October 2024: Fisheries Development Oman SOAC (FDO), the fisheries investment division of the Oman Investment Authority (OIA), has signed an advisory contract with AquaBioTech Group, an international aquaculture, fisheries, and marine consulting firm. Through this agreement, AquaBioTech Group provides consulting and advisory services to help FDO develop sustainable aquaculture and fisheries operations in Oman.

Table of Contents for Oman Aquaculture Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Funding Under Vision 2040 Aquaculture Targets
    • 4.2.2 Rising Domestic and Export Demand for Fish Protein
    • 4.2.3 Industrial Fisheries Port and Cold-Chain Build-Out
    • 4.2.4 High Per-Capita Seafood Consumption in Gulf Cooperation Council Importing Markets
    • 4.2.5 AI-Enabled Smart-Feeding Systems Reduce Feed Conversion Ratios
    • 4.2.6 Prospective Blue-Carbon Credit Revenues from Aquaculture Farms
  • 4.3 Market Restraints
    • 4.3.1 Aquaculture Disease Outbreaks
    • 4.3.2 Extreme Meteorological and Hydrological Events
    • 4.3.3 Coastal-Zone Competition with Tourism and Renewables
    • 4.3.4 Limited Domestic Hatchery Capacity and Reliance on Imported Seed
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Value / Supply-Chain Analysis
  • 4.7 PESTLE Analysis

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Type (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 Pelagic Fish
    • 5.1.1.1 Sardines
    • 5.1.1.2 Mackerel
    • 5.1.1.3 Tuna
    • 5.1.1.4 Barracuda
    • 5.1.2 Demersal Fish
    • 5.1.2.1 Grouper
    • 5.1.2.2 Trevally
    • 5.1.2.3 Emperor
    • 5.1.2.4 Pomfret
    • 5.1.3 Freshwater Fish (Tilapia)
    • 5.1.4 Scallop
    • 5.1.5 Shrimp (Vannamei, Indian White)
    • 5.1.6 Lobster
    • 5.1.7 Abalone / Caviar
    • 5.1.8 Other Types (Sea Bream, Sea Bass, Emperor Fish, and Other Types)

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 Fisheries Development Oman SOAC
    • 6.1.2 Oman Fisheries Company SAOG
    • 6.1.3 Dhofar Fisheries and Food Company SAOG (Hassani Trading Company LLC)
    • 6.1.4 Sea Pride LLC
    • 6.1.5 Golden Shrimp LLC
    • 6.1.6 Oman Aquaculture Development Company SAOC (Oman Investment Authority)
    • 6.1.7 Al Ainkawi Fisheries LLC
    • 6.1.8 Arabian Sea Fisheries Co (SFZ) LLC.
    • 6.1.9 Sunrise Fisheries Company (SFC)
    • 6.1.10 Amwaj Al-Shamkhiyath Al-Dhahabiya Trad
    • 6.1.11 Rasif Al Bahr LLC
    • 6.1.12 Saj Fisheries
    • 6.1.13 Said Al Butheeni International Trading LLC
    • 6.1.14 Five Oceans LLC
    • 6.1.15 Masirah Sea Fish Products LLC

7. Market Opportunities and Future Outlook

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Oman Aquaculture Market Report Scope

Aquaculture is the practice of farming aquatic organisms, including fish, mollusks, and crustaceans. The commercial production of aquatic species, namely, fish (pelagic fish types, demersal fish types, freshwater fish types, caviar, and salmon) and other edible aquatic species (scallops, shrimp, lobsters, and other species) produced through the country's fisheries and aquaculture sector have been considered for the market study. The Omani fisheries and aquaculture market is segmented by type (pelagic fish, demersal fish, freshwater fish, scallops, shrimp, lobsters, caviar, and other types). The report offers the market size and forecasts in terms of volume (metric tons) and value (USD) for all the above segments.

By Type (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
Pelagic Fish Sardines
Mackerel
Tuna
Barracuda
Demersal Fish Grouper
Trevally
Emperor
Pomfret
Freshwater Fish (Tilapia)
Scallop
Shrimp (Vannamei, Indian White)
Lobster
Abalone / Caviar
Other Types (Sea Bream, Sea Bass, Emperor Fish, and Other Types)
By Type (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis) Pelagic Fish Sardines
Mackerel
Tuna
Barracuda
Demersal Fish Grouper
Trevally
Emperor
Pomfret
Freshwater Fish (Tilapia)
Scallop
Shrimp (Vannamei, Indian White)
Lobster
Abalone / Caviar
Other Types (Sea Bream, Sea Bass, Emperor Fish, and Other Types)
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Key Questions Answered in the Report

What is the forecast value for the Oman aquaculture market by 2030?

The market is projected to reach USD 825.0 million by 2030, growing at a 5.2% CAGR.

Which segment currently holds the largest share within Oman's farmed seafood portfolio?

Pelagic species led with 36.2% of Oman aquaculture market share in 2024.

Why is shrimp farming considered the fastest-growing segment?

Shrimp benefits from controlled-environment systems and premium export pricing, driving a 5.5% CAGR through 2030.

How does Duqm Industrial Fisheries Port support exporters?

Duqm offers integrated processing, cold storage, and on-site regulatory desks, cutting transit times and post-harvest losses.

What role does Vision 2040 play in sector growth?

Vision 2040 channels OMR 487.2 million (USD 1.3 billion) in public funding, leverages private capital, and allocates coastal sites for farms.

Which risks are most critical for Oman's aquaculture operators?

Disease outbreaks and climate-driven extreme events present the highest immediate and medium-term challenges.

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