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| Title | Qatar Fisheries and Aquaculture Market Trends, Growth, and Forecast 2025-2033 |
|---|---|
| Category | Business --> Chemicals |
| Meta Keywords | Qatar Fisheries and Aquaculture Market |
| Owner | Mohit |
| Description | |
| Qatar Fisheries and Aquaculture Market Overview Market Size in 2024: 33.29 Thousand Tons Market Size in 2033: 44.43 Thousand Tons Market Growth Rate 2025-2033: 3.26% According to IMARC Group's latest research publication, "Qatar Fisheries and Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Qatar fisheries and aquaculture market size reached a volume of 33.29 Thousand Tons in 2024. Looking forward, IMARC Group estimates the market to reach 44.43 Thousand Tons by 2033, exhibiting a growth rate of 3.26% during 2025-2033. How Government Initiatives are Transforming Qatar's Fisheries and Aquaculture Market
Grab a sample PDF of this report: https://www.imarcgroup.com/qatar-fisheries-aquaculture-market/requestsample Qatar Fisheries and Aquaculture Market Trends & Drivers: Qatar's fisheries sector is going through a dramatic shift, driven by the government's push for food security under the National Vision 2030 framework. The country has set bold targets to reach 80% self-sufficiency in fish production by 2030, building on current achievements of over 65% in fresh fish. This isn't just talk—the Ministry of Municipality's Fish Affairs Department released more than 6.94 million juvenile fish into Qatari waters throughout 2024, strategically placing them in protected habitats like mangrove forests, seagrass meadows, and coral reef zones where they can thrive. These hatchery-reared fish, including popular local species like hamour (grouper) and shaem (spangled emperor), are key to rebuilding wild stocks without overfishing. The government's commitment extends beyond environmental conservation to supporting the fishing community itself. In 2024, financial assistance totaling QR 1.85 million was distributed to 185 registered fishing vessels affected by seasonal bans on kingfish fishing. This compensation helps fishermen stay afloat during conservation periods while protecting vulnerable species and allowing stocks to recover. The Food Security Strategy 2024-2030 takes things further by encouraging private sector participation in fish and shrimp farming ventures, optimizing water resource use, and expanding aquaculture infrastructure. The Aquatic Fisheries Research Center in Ras Matbekh—the largest facility of its kind in the Middle East and North Africa region—has become a powerhouse of innovation, producing around 2 million fish fry and 6 million shrimp larvae in recent years, with production targets climbing to 4.4 million fingerlings of various species. Growing demand for seafood is another major force reshaping the market. Qatar's seafood consumption has jumped to 24.5 kg per person annually, driven by rising awareness of health benefits from omega-3 rich fish and changing dietary preferences. With the country's population climbing steadily—from 2.69 million in 2021 to over 2.71 million in 2023—the pressure on domestic fish production continues to mount. This gap between local supply and demand creates opportunities for aquaculture expansion. Offshore farming projects like Samkna, Qatar's pioneering floating cage fish farm located 50 kilometers off the coast, demonstrate the potential. Established in 2015 and entering full production in 2020, Samkna uses 16 floating cages across a marine site spanning 900,000 square meters, producing 2,000 metric tons of Qatari seabass annually with plans to double capacity. The farm's success shows how advanced aquaculture technologies can deliver fresh, high-quality seafood to local markets within hours rather than days. Our comprehensive Qatar fisheries and aquaculture market outlook reflects both short-term tactical and long-term strategic planning. This analysis is essential for stakeholders aiming to navigate the complexities of the market and capitalize on emerging opportunities. Qatar Fisheries and Aquaculture Industry Segmentation: The report has segmented the market into the following categories: Segment Insights:
Regional Insights:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Recent News and Developments in Qatar Fisheries and Aquaculture Market
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. About Us: IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201-971-6302 | |