Fishing, Hunting and Trapping Market Report 2026

The fishing, hunting and trapping market size has grown strongly in recent years. It will grow from $1.05 trillion in 2025 to $1.12 trillion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to traditional wildlife harvesting practices, dependence on natural ecosystems, growth of rural hunting communities, early adoption of basic fishing gear, expansion of local trapping activities.

The fishing, hunting and trapping market size is expected to see strong growth in the next few years. It will grow to $1.44 trillion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising demand for outdoor recreational activities, increasing interest in sustainable wildlife management, growth of global hunting and fishing tourism, expanding market for advanced sporting equipment, increasing focus on regulated trapping for pest control. Major trends in the forecast period include increasing participation in recreational fishing and hunting, growing demand for specialized gear and equipment, rising interest in ethical and regulated wildlife harvesting, expansion of wildlife conservation and habitat protection initiatives, growth in outdoor sports tourism across natural ecosystems.

The growing demand for seafood products is poised to drive the expansion of the fishing, hunting, and trapping market in the future. Seafood products encompass a diverse range of food items derived from aquatic animals and plants harvested from freshwater and marine environments. Fishing, hunting, and trapping are the primary methods employed to acquire seafood products, which are renowned for their nutritional value. These methods involve capturing fish, shellfish, and other aquatic organisms using nets, lines, traps, and fishing vessels. For example, as of March 2023, according to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), a government department based in Australia, the country's fisheries and aquaculture production experienced an 8% increase to reach $3.63 billion in 2022-23. Furthermore, it is estimated to grow by 2% in 2023-24. This underscores the significant role played by the increasing demand for seafood products in propelling the growth of the fishing, hunting, and trapping market.

Major companies operating in the fishing, hunting, and trapping market are concentrating on developing innovative products, such as offshore fishing equipment, to address the increasing demand for high-strength, lightweight, and technologically advanced fishing gear. Offshore fishing equipment refers to specialized fishing tools intended for deep-sea or open-ocean fishing, typically used to catch large and powerful species like tuna, marlin, sailfish, grouper, and mahi-mahi. For example, in October 2024, Shimano Inc., a Japan-based producer of fishing tackle and outdoor sports equipment, introduced nine new offshore fishing rods as part of its late-2024 product lineup. These new models include the OCEA Plugger Flex Drive, OCEA Jigger Infinity, and GAME Type Slow J, each incorporating Shimano’s latest rod-building technologies, such as Hi-Power X and Spiral X Core, which deliver outstanding torsional rigidity, casting precision, and enhanced power transmission. The rods are designed for various offshore fishing techniques, including plugging, jigging, and slow-pitch methods, providing anglers with greater sensitivity, minimized blank twist, and improved comfort during long fishing sessions. This product lineup highlights Shimano’s dedication to combining advanced materials science with ergonomic design to boost offshore fishing performance and durability.

In July 2024, MSD Animal Health, a US-based veterinary bioscience company, acquired Elanco Animal Health's aqua business for $1.3 billion. This acquisition represents a major step in the aquaculture sector, strengthening MSD Animal Health's portfolio and its ability to support fish health, welfare, and sustainability. Elanco Animal Health, a US-based company, operates in the fishing, hunting, and trapping market, with a primary focus on aquaculture and fisheries health.

Major companies operating in the fishing, hunting and trapping market are Nippon Suisan Kaisha Ltd., Maruha Nichiro Corporation, Leroy Seafood Group ASA, Angler's Legacy, American Sportfishing Association, Keep America Fishing Organization, National Association of Sporting Goods Wholesalers, National Rifle Association (NRA), Orvis, Simms Fishing Products, The Orvis Company, Duck Commander, Costa Del Mar, Berkley Fishing, Mossy Oak, G. Loomis, Yeti Holdings, Abel Reels, Sage Fly Fishing, Penn Fishing, St. Croix Rods, Abu Garcia, Pure Fishing, Zebco, Ranger Boats, Winchester Repeating Arms, Mossberg, Browning Arms Company, Federal Premium Ammunition, Benelli Q.J., Kimber Manufacturing, Fabbrica d'Armi Pietro Beretta, Savage Arms, Remington Arms, PSE Archery, Bowtech Archery.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the fishing, hunting, and trapping market by increasing the cost of imported equipment such as rifles, bows, reels, traps, and accessories, which raises overall participation and operational expenses. Segments relying on specialized gear such as big game hunting, trapping equipment, and advanced fishing tools are most impacted, particularly across North America and Europe where gear imports are substantial. Despite higher costs and supply chain delays, tariffs can also stimulate domestic manufacturing, promote the use of locally sourced equipment, and encourage market diversification toward cost-effective alternatives.

The fishing, hunting, and trapping market research report is one of a series of new reports that provides fishing, hunting, and trapping market statistics, including global market size, regional shares, competitors with a fishing, hunting, and trapping market share, detailed fishing, hunting, and trapping market segments, market trends and opportunities, and any further data you may need to thrive in the fishing, hunting, and trapping industry. This fishing, hunting, and trapping market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fishing, hunting, and trapping encompass activities related to the capture of fish and various wild creatures from their natural environments. This category includes both commercial hunting and trapping practices, as well as fishing for both finfish and shellfish species. These activities constitute a subsector within the broader fishing, hunting, forestry, and agriculture industries. Participants within this subsector exploit the availability of natural resources to harvest fish and other wildlife from their native habitats.

The primary categories within fishing, hunting, and trapping are fishing, hunting, and trapping itself. Fishing pertains to the pursuit of catching fish, whether for recreational purposes or as part of a commercial enterprise. Diverse applications of fishing include sports fishing associations, fishing organizations, and various other related activities.Asia-Pacific was the largest region in the fishing, hunting and trapping market in 2025. The regions covered in the fishing, hunting and trapping market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fishing, hunting and trapping market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The fishing, hunting, and trapping market includes revenues earned by entities by cage traps, enclosed foothold traps, footing traps, and some kinds of cable devices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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