Market Forecast By Environment (Marine Water, Fresh Water, Brackish Water), By Fish Type (Carps, Mollusks, Crustaceans, Mackerel, Sea bream, Others) And Competitive Landscape
Product Code: ETC385492 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Egypt Aquaculture Market |
Forecast period | 2025-2031 |
CAGR | 5.7% |
Growing Sector | Aquaculture |
Egypt Aquaculture Market report thoroughly covers the market by environment and by fish type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt is one of the largest producers and consumers of fish in Africa. The country’s location on the Mediterranean Sea and the Red Sea, as well as its extensive network of rivers and canals, make it an ideal location for aquaculture. In recent years, there has been a significant increase in investment in the Egyptian aquaculture industry, leading to a steady growth in production and consumption.
According to 6Wresearch, the Egypt Aquaculture Market size is estimated to reach at a CAGR of 5.7% during the forecast period 2025-2031. There are several factors driving the growth of the aquaculture market in Egypt. One of the main drivers is the increasing demand for fish as a source of protein. With a growing population and an expanding middle class, there is a higher demand for seafood in Egypt. As a result, the government has been promoting aquaculture to meet this demand and reduce the country’s reliance on imports.
However, the Egypt Aquaculture industry is facing some challenges that can hamper its growth such as water scarcity, as Egypt is in a dry region with limited freshwater resources and the lack of trained personnel and technical expertise in the industry. Despite these challenges, the market holds a wide scope to grow such as the favorable climate and geographic location of Egypt. The warm waters of the Mediterranean Sea and Red Sea provide ideal conditions for fish farming, while the Nile River and its tributaries offer a steady supply of water for inland farms. Additionally, Egypt’s strategic location offers easy access to regional and international markets, making it a prime location for aquaculture production.
The Egyptian government has been proactive in introducing initiatives to bolster the aquaculture market. Among these, strategic water management policies are prioritized to mitigate water scarcity, ensuring aquaculture's viability without compromising other sectors' needs. Additionally, investments in vocational training programs are aimed at cultivating a local skilled workforce to diminish dependency on foreign expertise. Grants and loans with favorable terms have also been established to encourage local entrepreneurship and innovation within the industry.
The Egypt aquaculture market comprises a diverse range of stakeholders, including multinational corporations, local enterprises, and small-scale farmers. Prominent players such as Cairo Poultry Company (CPC), dominate in particular sectors, while international entities bring in innovative practices and investment.
The Egypt aquaculture market growth is likely to surge in the future. The combined effect of government initiatives, technological advancements, and sustainable practices are expected to increase productivity and profitability. Demand for aquaculture is projected to rise concurrently with population growth, positioning Egypt as a key player in the global market. Ensuring the balance between growth and environmental stewardship will remain vital to the long-term success and sustainability of Egypt's aquaculture sector.
According to Dhaval, Research Manager, 6Wresearch, fresh water aquaculture is the segment experiencing growth within the Market. The abundance of the Nile River and other inland waterways provide a rich resource for fresh water farms. With the government and private sector investing in improved farm management practices and disease control, productivity in fresh water aquaculture is expected to continue an upward trajectory.
Based on the fish type, Carps are highly adaptable, easily bred in captivity, and have a growing domestic demand which is driving their increased production. This trend is underpinned by the development of genetically improved strains of carps, alongside more efficient feed and farming practices.
The report offers a comprehensive study of the subsequent 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 Egypt Aquaculture Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Aquaculture Market Revenues & Volume, 2021 & 2031FF |
3.3 Egypt Aquaculture Market - Industry Life Cycle |
3.4 Egypt Aquaculture Market - Porter's Five Forces |
3.5 Egypt Aquaculture Market Revenues & Volume Share, By Environment, 2021 & 2031FF |
3.6 Egypt Aquaculture Market Revenues & Volume Share, By Fish Type, 2021 & 2031FF |
4 Egypt Aquaculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Aquaculture Market Trends |
6 Egypt Aquaculture Market Segmentations |
6.1 Egypt Aquaculture Market, By Environment |
6.1.1 Overview and Analysis |
6.1.2 Egypt Aquaculture Market Revenues & Volume, By Marine Water, 2021 - 2031F |
6.1.3 Egypt Aquaculture Market Revenues & Volume, By Fresh Water, 2021 - 2031F |
6.1.4 Egypt Aquaculture Market Revenues & Volume, By Brackish Water, 2021 - 2031F |
6.2 Egypt Aquaculture Market, By Fish Type |
6.2.1 Overview and Analysis |
6.2.2 Egypt Aquaculture Market Revenues & Volume, By Carps, 2021 - 2031F |
6.2.3 Egypt Aquaculture Market Revenues & Volume, By Mollusks, 2021 - 2031F |
6.2.4 Egypt Aquaculture Market Revenues & Volume, By Crustaceans, 2021 - 2031F |
6.2.5 Egypt Aquaculture Market Revenues & Volume, By Mackerel, 2021 - 2031F |
6.2.6 Egypt Aquaculture Market Revenues & Volume, By Sea bream, 2021 - 2031F |
6.2.7 Egypt Aquaculture Market Revenues & Volume, By Others, 2021 - 2031F |
7 Egypt Aquaculture Market Import-Export Trade Statistics |
7.1 Egypt Aquaculture Market Export to Major Countries |
7.2 Egypt Aquaculture Market Imports from Major Countries |
8 Egypt Aquaculture Market Key Performance Indicators |
9 Egypt Aquaculture Market - Opportunity Assessment |
9.1 Egypt Aquaculture Market Opportunity Assessment, By Environment, 2021 & 2031FF |
9.2 Egypt Aquaculture Market Opportunity Assessment, By Fish Type, 2021 & 2031FF |
10 Egypt Aquaculture Market - Competitive Landscape |
10.1 Egypt Aquaculture Market Revenue Share, By Companies, 2024 |
10.2 Egypt Aquaculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |