Oman Aquaculture - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The oman aquaculture market size is projected to expand from USD 640.0 million in 2025 and USD 672.2 million in 2026 to USD 858.8 million by 2031, registering a CAGR of 5.03% between 2026 and 2031. This report is Segmented by Type (Pelagic Fish, Demersal Fish, Freshwater Fish, and More) and by Geography. The Geography Segment of the Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Oman Aquaculture Market Trends and Insights

Vision 2040 Funding and Project Pipeline

The Oman aquaculture market is benefiting from a clear policy push that places aquaculture within the wider food security agenda under Vision 2040. The 2026 investment portfolio showed that aquaculture remains a priority channel for new project development and capital deployment in the country. Financing support is also significant, as the Agricultural and Fisheries Development Fund has been positioned to cover up to 80% of project costs through linked institutions, reducing the equity burden for smaller and mid-sized operators. This support appears more durable than a one-cycle spending push, as Tanfeedh has established a formal pipeline process to identify, package, and promote viable projects rather than relying on ad hoc approvals. The incentive framework in the Duqm Fisheries Industrial Zone, including long tax relief and customs waivers, adds a downstream pull that supports processing, logistics, and export-oriented investment across the Oman aquaculture market.

Export Demand from Gulf Cooperation Council and East Asia for Premium Seafood

The Oman aquaculture market is aligning with export demand, as seafood buyers are placing greater emphasis on certification, traceability, and quality consistency. Farmed Omani seafood is already reaching the European Union, China, the Republic of Korea, and Russia, indicating that the market is moving beyond domestic absorption and into premium trade lanes. This matters because export compliance not only widens market access but also pushes farms to operate with tighter water management, disease monitoring, and handling standards. The move toward processed formats such as canned products, fillets, and individually quick-frozen products at Duqm raises the revenue base beyond what raw volume growth can deliver on its own. As a result, the Oman aquaculture market is benefiting not only from increased production capacity but also from higher realizations per kilogram in export channels.

Disease and Biosecurity Risk in Shrimp and Finfish Farms

Disease remains the most immediate biological threat to the Oman aquaculture market, especially in intensive shrimp systems. White Spot Syndrome Virus and Acute Hepatopancreatic Necrosis Disease remain relevant concerns because Oman still relies on imported broodstock and post-larvae channels linked to regions where these risks are well known. A 2024 survey from Sultan Qaboos University found that 50.72% of imported fish samples carried 1 or more ectoparasites, underscoring the broader vulnerability posed by live-animal imports. Blue Aqua International is on track to have its Semi-Recirculating Aquaculture System farm, along with a hatchery and broodstock center in Shinas, fully operational by February 2026. With a planned capacity of 1,800 metric tons, the Shinas facility is being designed as a state-of-the-art, technology-driven farm that emphasizes biosecurity, efficiency, and environmental responsibility. Even so, uneven infrastructure across operators means a serious disease event in a dense shrimp cluster could quickly affect production, investor confidence, and restocking decisions across the Oman aquaculture market.

Other drivers and restraints analyzed in the detailed report include:

• Shrimp and Sea Bream Capacity Additions in South Al Sharqiyah and Muscat
• Financing Support and Investor Facilitation for Aquaculture Projects
• Dependence on Imported Seed and Aquafeed Inputs

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Pelagic fish accounted for 35.7% of the market in 2025, keeping this category at the forefront of the Oman aquaculture market by value. Sardines and mackerel supported this position through their direct consumption and their role in fishmeal and oil production, linking aquaculture activity with the wider seafood processing chain. Tuna and barracuda added a premium layer to the pelagic segment, and the tuna fattening project in Quriyat showed that Oman is also testing ways to capture more high-value processing and finishing activity domestically. Demersal fish such as grouper, trevally, emperor, and pomfret served smaller but attractive demand pockets tied to premium domestic and regional consumption. Freshwater tilapia remained a smaller category, yet it continued to hold strategic relevance for inland operators because it offers a more accessible route into the Oman aquaculture industry than many marine species.

Shrimp is projected to record a 5.42% CAGR through 2026 to 2031, making it the fastest-growing segment of the Oman aquaculture market. Vannamei and Indian White shrimp are driving this rise, supported by South Al Sharqiyah’s saline soils and shallow coastal gradients that allow large pond footprints at lower civil construction intensity than many competing sites. Scallop and lobster remain limited in current scale, but they still have development potential, provided operators are willing to invest in seed production and aquaculture-assisted stock programs. Abalone and caviar stay small in volume terms, though the unit-value premium in abalone is among the strongest in the entire species mix because the native Omani product faces less direct price pressure in premium import channels.

Complete Report Scope:

• By Species
  • Pelagic Fish
    • Sardines
    • Mackerel
    • Tuna
    • Barracuda
  • Demersal Fish
    • Grouper
    • Trevally
    • Emperor
    • Pomfret
  • Freshwater Fish
    • Tilapia
    • Carp
  • Crustaceans
    • Whiteleg Shrimp
    • Indian White Shrimp
    • Lobster
  • Mollusks and Other Aquatic Species
    • Abalone
    • Oyster
    • Scallop
    • Seaweed and Algae
  • Other Marine Finfish
    • Sea Bream
    • Sea Bass
    • Cobia
    • Barramundi
• By Geography
  • Production Analysis (Volume)
  • Consumption Analysis (Value and Volume)
  • Trade Analysis (Value and Volume)
    • Import Market Analysis
      • Import Value and Volume
      • Key Supplying Markets
    • Export Market Analysis
      • Export Value and Volume
      • Key Destination Markets
  • Wholesale Price Trend Analysis and Forecast
  • Regulatory Framework
  • Logistic and Infrastructure
  • Seasonality Analysis

List of Companies Covered in this Report:

• Market Overview?
• Market Drivers
• Market Restraints?
• Opportunities
• Challenges
• Value Chain Analysis
• Technologies and usage of AI in the Industry
• Input Market Analysis
• Distribution Channel Analysis
• Market Sentiment Analysis
• PESTLE Analysis
• Overview of the Competition
• Recent Developments
• Market Concentration Analysis
• List of Key Players

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support