Aquaculture Market, By Fish Type (Carps, Mollusks, Crustaceans, Salmon, Milkfish, Trout, Mackerels, Sea bream, Sea bass, Others), By Environment (Fresh Water, Marine Water, Brackish Water), By Region (North America, Europe, Asia Pacific Excluding China, China, Rest of the World) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
Aquaculture is the cultivation of freshwater aquatic organisms for food and other purposes. This rapidly growing field is focused on harvesting fish in water systems. Aquaculture has also been able to meet the needs of a less than adequately served market, with less harmful waste being released into the environment, because the water is delivered directly to the operations and transported to the fish where it is used. Aquaculture is one of the few animal products that has consistently shown consistent growth despite the global recession, with fish production consistently exceeding demand.
With aquaculture there are two separate but intertwined markets that are not necessarily thought of when discussing the same. On one hand we have the marine aquaculture industry, which includes the vast majority of fish being raised for food and other aquaculture related markets. These include farmed Atlantic salmon, Pacific salmon, Coho salmon, grey fish, haddock and striped bass. The other ocean aquaculture markets included inland salmon farming, tropical aquaculture which involves raising tropical and marine fish, tropical aquaculture fish production, wild fish farming, aquaculture from sea turtles, and oceanic aquaculture which is basically trawling, netting or plowing of ocean waters for fish.
Market Dynamics:
Increasing number of hatcheries is expected to propel growth of the global aquaculture market over the forecast period. For instance, in March 2021, Kelly Cove Salmon Ltd., the Atlantic Canadian salmon farming division of Cooke Aquaculture Inc., received approval from the Nova Scotia Department of Fisheries and Aquaculture for the development of a new land-based salmon hatchery near Centreville on Digby Neck.
Major players operating in the global aquaculture market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2021, Cermaq partnered with Folla Alger for integrated salmon and kelp farming in collaboration with leading research environments in Norway.
Key features of the study:
LI> This report provides in-depth analysis of the global aquaculture market, and provides market size (US$ Million & KT) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global aquaculture market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Blue Ridge Aquaculture, Cermaq ASA, Cooke Aquaculture Inc., Eastern Fish Co., Huon Aquaculture Group Pty Ltd., International Fish Farming Co. – Asmak, Marine Harvest ASA, Nireus Aquaculture S.A., Promarisco, and Selonda Aqauculture S.A.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global aquaculture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aquaculture market
Detailed Segmentation:
Global Carbon Black Market for Textile Fibers Market, By Fish Type
LI>Carps- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- Global Carbon Black Market for Textile Fibers Market, By Environment:
- Fresh Water
- Marine Water
- Brackish Water
- Global Carbon Black Market for Textile Fibers Market, By Region:
- North America
- By Country:
- U.S
- Canada
- Mexico
- Rest of North America
- By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- By Environment:
- Fresh Water
- Marine Water
- Brackish Water
- Europe:
- By Country:
- U.K.
- Germany
- Italy
- Spain
- Russia
- France
- Rest of Europe
- By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- By Environment:
- Fresh Water
- Marine Water
- Brackish Water
- Asia Pacific Excluding China:
- By Country:
- Japan
- Australia
- Indonesia
- Philippines
- Vietnam
- Thailand
- South Korea
- India
- Rest of APAC
- By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- By Environment:
- Fresh Water
- Marine Water
- Brackish Water
- China:
- By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- By Environment:
- Fresh Water
- Marine Water
- Brackish Water
- Rest of the World:
- By Sub-Region:
- Latin America
- Middle East
- Africa
- By Fish Type:
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerels
- Sea bream
- Sea bass
- Others
- By Environment:
- Fresh Water
- Marine Water
- Brackish Water