Fish Pump Market Report 2025 (Global Edition)

CURRENT SCENARIO OF THE FISH PUMP MARKET

Key factors driving the growth of the Fish Pumps Market

• The growth of the aquaculture industry is one of the factors driving the market for Fish Pumps

Worldwide demand for fish is rising in tandem with the world population growth. As the population, urbanization, and incomes of the developing world increase, this trend is anticipated to persist. Customers are also turning to fish because of the drawbacks of red meat's detrimental effects on the body and the unsustainable nature of meat and poultry. 

According to a study published in the journal Communications Earth & Environment in 2022 titled 'Assessing seafood nutritional diversity in conjunction with climate impacts informs more comprehensive dietary advice,' fishes such as shellfish, mackerel, and herring emit fewer greenhouse-gas emissions and are more nutrient dense than beef, pork, or chicken. 
(Source; https://www.nature.com/articles/s43247-022-00516-4)

According to the FAO, the demand for fish and fish products in the Asia-Pacific region is expected to increase by 30% by 2030 as a result of the anticipated population growth and the improved living standards of the people in the region. To meet such an increased demand for fish, aquaculture production will need to increase by 50% to 60% from the present level by 2030. 
(Source;https://www.fao.org/3/cc0461en/online/sofia/2022/fisheries-and-aquaculture-projections.html)

According to the International Trade Administration, the US Department of Commerce, aquaculture is expected to grow exponentially due to the high demand for seafood and the annual decline in the amount of captured wild fish. 
(Source; https://www.trade.gov/aquaculture-industry-summary)

Aquaculture aids in global, regional, and local food security. Aquaculture is expected to grow the most in Asia-Pacific, as it is a major sector in the region's domestic economies. Adoption and advancement of technology and automation are expected to impact the market positively. 

The aquaculture industry has grown significantly worldwide in response to the rising demand for fish. Aquaculture has replaced wild fishing as the primary means of producing fish and seafood since traditional wild fisheries are finding it difficult to sustain themselves. Fish pumps are necessary in aquaculture facilities to move fish, which enables higher stocking densities and more efficient operations. In light of the growing global preference for seafood over beef, for example, a survey conducted by the US Department of Commerce and International Trade Administration predicts that the aquaculture industry will develop rapidly. Over half of the seafood consumed in the United States is believed to have come from foreign aquaculture, with between 70 and 85 percent of the seafood coming from imports.

• Increase in commercial fishing operation boosts stimulating growth for the market

Commercial fishing operations are gaining traction, especially with the increasing demand for seafood. Commercial fishing ranges from relatively small-scale, involving smaller ships with a limited ocean area, to industrial fishing, large vessels, even larger nets, and the capacity to process and store vast quantities of fish. Commercial fishing imposes a severe environmental threat to many species of fish throughout the world’s oceans, particularly with increasingly efficient technology, including factory ships and nets that can extend for miles. 

However, since it is a prime part of regulating the global food supply, commercial fishing incorporates sustainable practices. Pumps deliver fish caught in purse seines, trap nets, and trawls. Besides, fish pumps mounted on tractors are used to unload fish from beach seines hauled towards the shore. 

Hydropneumatics fish pumps do not have moving parts and therefore are least damaging. A fish pump can handle 50 tons or more per hour; the lift height is as much as 7 m. Smart fish pumps are gaining demand because of process optimization, increased efficiency, and automation. 10” and 14” pumps can be used for a wide range of fishes, making them suitable for fishing a variety range of fishes.

The commercial fishing industry depends heavily on foreign trade. A few examples of the variables that impact the expansion and growth of commercial fishing operations are the worldwide demand for seafood, the ease of access to new markets, and the ability to export products at competitive prices. The export potential of goods obtained from commercial fishing is influenced by tariff systems, market access laws, and trade agreements. Technological advancements in fishing gear, ship navigation systems, fish locating technology, and processing techniques have all contributed to increased fishing output and effectiveness. By maximising the utilisation of fishing resources, modern technology helps reduce bycatch and its negative environmental effects while also increasing capture rates. Innovation and the creation of new technology are important components of the commercial fishing industry.

Key factors hampering the Market growth

• Cavitation's impact on commercial pumps hampers market expansion

The vapour phase that forms in a liquid at constant room temperature under decreasing pressure is called cavitation. Industrial pumps that have vapour bubbles from insufficient liquid have a tendency to migrate towards high-pressure regions where they will burst under enough pressure and condense back into liquid. These tiny metal fragments that appear as bubbles on impeller surfaces cause industrial pumps to suffer significant damage as well as low-frequency vibration and noise. 

This development and collapse in the event of cavitation are both swift and violent. Pump performance suffers as a result, which lowers sales and raises replacement costs. Cavitation can result from a drop in suction or discharge pressure caused by malfunctioning or improperly operated processing lines. 
Thus, cavitation and dry-run related failures can hinder the growth of the industrial pumps market. 

Opportunity

• Demand for advanced machinery with high productivity and efficiency is one of the key market trends fuelling the market growth. 

Industrial pumps and related parts are essential for moving fluid from one location to another. Globally, there is a noticeable increase in the number of fish transfer pumps, mostly as a result of enhanced technology, the existence of important companies, and the need for process optimisation. Automation, the disruption of the Internet of Things (IoT), product innovation, and the COVID-19 epidemic are just a few of the current changes that are reshaping the industry and giving players enormous room to grow. Customers are becoming more aware of the different automation tendencies as a result of globalisation. As commerce becomes more liberalised, companies that manufacture industrial pumps are becoming more worldwide. The domestic players in the market are also expanding their product offerings to achieve a competitive edge over other players in the market. 

The rising demand for fish due to the increased popularity of Omega-3 fatty acids in human diets has increased aquaculture production. Block chain technology has the potential to be advantageous to the aquaculture sector since it enables a distributed ledger to track product movements and other data, facilitating more precise and efficient seafood source tracking. Blockchain technology helps to ensure security and fish quality because aquaculture companies cannot risk delivering subpar products because they invest considerably in sustainable farming. Like IBM (US), blockchain technology aids in the fight against fraud and keeps track of important chain of custody. These play a crucial role in the movement of fishery products through domestic and international supply chains, from harvesting to landing, transshipment, and processing, all the way to the final consumer market.

Aquaculture stands to gain from the application of smart manufacturing and the Internet of Things (IoT). Smart machines with advanced analytics capabilities offer insights into processes that can improve safety and efficiency. An Internet of Things (IoT)-enabled remote performance monitoring and alarm system linked to a secure cloud allows for continuous, round-the-clock monitoring of pumps from any location. Thus, the unique state of every pump may always be known to the plant operator. Performance is improved, and a notice is generated to help predict when possible malfunctions or preventive maintenance might be necessary. By helping to cut down on superfluous energy, smart pumps can eventually save a business hundreds of thousands of dollars in operational expenses. 

As it is best suited to the particular environment in which it is being operated, this technology unquestionably aids in achieving sustainability within an organization and helps achieve optimum performance.

How did COVID–19 Impact the Fish Pumps Market?

The tight lockup has had a detrimental effect on the limitations and the market for fish pumps in every area. The disruption of manufacturing activities led to a labor shortage and a breakdown in the supply chain. Lockdowns have been imposed by governments worldwide to curb the disease's spread and avert its associated repercussions. This has had a substantial effect on several industrial and service industries, including the water and wastewater treatment industries. Nonetheless, the industries are rebounding and the markets are beginning to exhibit indications of possible expansion. The COVID-19 epidemic is changing the industry and giving players a huge chance to progress.

The economics of the various sectors are strengthening, and the markets are starting to show signs of future growth. The COVID-19 pandemic is altering the market and offering participants enormous growth opportunities. As a result of globalization, consumers are becoming more informed about various automation technologies.

The issues facing this sector may also affect stock fishing, which could undermine efforts to achieve sustainable fishing goals and seriously impair efforts to safeguard the rights of future generations and protect the marine life that supplies this sector with its primary products.

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.

The Global Fish Pump Market is witnessing significant growth in the near future.

In 2023, the 2.5” Pumps segment accounted for noticeable share of global Fish Pump Market and is projected to experience significant growth in the near future.

The Aquaculture segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Acuinuga , Innovasea and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.

Frequently Asked Questions (FAQs)