Spain Aquaculture Market Overview

The Spain aquaculture market reached a size of 1.32 million tons in 2024 and is projected to grow to 2.15 million tons by 2033, growing at a CAGR of 4.97% during the forecast period from 2025 to 2033. The industry focuses on high-value species such as seabream, seabass, and turbot, and benefits from investments in sustainable technologies and R&D that enhance productivity and environmental standards. Strong domestic demand and increasing exports continue to support market growth.

Study Assumption Years

  • Base Year: 2024
  • Historical Year/Period: 2019-2024
  • Forecast Year/Period: 2025-2033

Spain Aquaculture Market Key Takeaways

  • The market size reached 1.32 million tons in 2024.
  • The market is forecasted to reach 2.15 million tons by 2033.
  • CAGR is 4.97% during 2025-2033.
  • Spain leads Europe in aquaculture, producing over 1.2 million tonnes annually, with 29% from aquaculture and 70% from sea fishing.
  • The sector is dominated by marine farms (90%), focusing on high-value species like tuna and meagre.
  • Spain ranks third in the EU with 46.2 kg per capita fish consumption yearly.
  • The sector is diversifying by cultivating species such as meagre, yellowtail amberjack, Senegalese sole, and turbot to meet consumer demand for premium seafood.

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Spain Aquaculture Market Growth Factors

The strong domestic demand and increasing exports are considered key drivers for growth in the aquaculture market of Spain. The main priority of the industry has been to focus on high-value species such as seabream, seabass, and turbot that command premium prices and improve profitability. Combining this with investment in sustainable technologies, research, and development meant that enhanced productivity and improved environmental standards favored long-term growth and market expansion.

With more than 1.2 million tonnes produced annually, Spain is the leading European country in aquaculture production, 29% coming from aquaculture and 70% from sea fishing. Aquaculture production comes 90% from marine farms, for species such as tuna and meagre. This predominant marine aquaculture structure makes Spain a competitive actor in the European seafood market.

The diversification into niche and premium species like meagre, yellowtail amberjack, Senegalese sole, and turbot caters to the changing consumer taste for value-added seafood, with a view to Spain's gastronomic reputation. The consequence of this diversification is enhanced profit margins and market resilience. Innovation in product offerings and the reinforcement of the competitive position at a global level are supported by the aquaculture industry through research partnerships, branding initiatives, and government funding.

Spain Aquaculture Market Segmentation

Fish Type Insights:

  • Freshwater Fish
  • Molluscs
  • Crustaceans
  • Others

The market includes diverse categories such as freshwater fish, molluscs, crustaceans, and other fish types, catering to varied consumer preferences and production systems.

Environment Insights:

  • Fresh Water
  • Marine Water
  • Brackish Water

The aquaculture environment segmentation covers fresh water, marine water, and brackish water, reflecting the varied aquatic habitats used for fish farming.

Distribution Channel Insights:

  • Traditional Retail
  • Supermarkets and Hypermarkets
  • Specialized Retailers
  • Online Stores
  • Others

Distribution channels encompass traditional retail, supermarkets and hypermarkets, specialized retailers, online stores, and other outlets, indicating a wide range of seafood supply pathways.

Regional Insights

Spain's aquaculture market is segmented into Northern Spain, Eastern Spain, Southern Spain, and Central Spain. The report covers comprehensive regional analyses but does not specify a single dominant region with precise market share or CAGR data. The regions collectively contribute to the national aquaculture output, supporting the country’s strong position in Europe.

Recent Developments & News

  • In March 2025, Oceanloop secured a $38 million loan from the European Investment Bank to establish Spain’s first large-scale land-based shrimp farm in Gran Canaria. The project aims to produce 4.4 million pounds of shrimp annually, emphasizing sustainability and technology to increase local seafood production while reducing environmental impact and import reliance.
  • In July 2025, Spain-based Tejedor Lázaro Group signed a Memorandum of Understanding with Egypt's Suez Canal Aquaculture Company (SCAC) to enhance fish and shrimp farming operations. This partnership focuses on improving fish farm management, aquafeed expertise, and addressing challenges such as water scarcity, fish diseases, and processing gaps to boost production and food security.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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