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Global Aquaculture Market 2016-2020

Global Aquaculture Market 2016-2020

About Aquaculture

Aquaculture is the rearing and cultivation of aquatic animals and plants for food under controlled condition. It involves the farming of over 540 species of finfish, mollusks, crustaceans, and other invertebrates; about 35 species of seaweed; over 30 species of freshwater macrophytes; a few species of amphibians and aquatic reptiles; and about 50 species of microalgae and invertebrates as fish-food organisms in hatcheries.

Technavio’s analysts forecast the global aquaculture market to grow at a CAGR of 3.75% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of global aquaculture market for 2016-2020. To calculate the market size, the report considers the revenue generated from the total market sales of numerous aquaculture products to restaurant owners, as well as retailers and wholesalers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Aquaculture Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Blue Ridge Aquaculture
  • Cermaq
  • Cooke Aquaculture
  • Nireus Aquaculture
  • Tassal
Other prominent vendors
  • American Abalone Farms
  • Dalian Zhangzidao Fishery
  • Eastern Fish
  • Huon Aquaculture
  • International Fish Farming
  • Marine Harvest
  • Norway Royal Salmon
  • Russian Aquaculture
  • Selonda Aquaculture
  • Stolt Sea Farm
  • Taylor Shellfish Farms
Market driver
  • Increasing awareness of high sources of nutrition in seafood
  • For a full, detailed list, view our report
Market challenge
  • High pathogenic disease prevalence among mollusks and crustaceans
  • For a full, detailed list, view our report
Market trend
  • Introduction of new aquaculture species
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Aquaculture Market 2016-2020

Technavio recognizes the following companies as the key players in the global aquaculture market: Blue Ridge Aquaculture, Cermaq, Cooke Aquaculture, Nireus Aquaculture, Tassal, American Abalone Farms, Dalian Zhangzidao Fishery, Eastern Fish, Huon Aquaculture, International Fish Farming, Marine Harvest, Norway Royal Salmon, Russian Aquaculture, Selonda Aquaculture, Stolt Sea Farm, and Taylor Shellfish Farms.

Commenting on the report, an analyst from Technavio’s team said: “Introduction of new aquaculture species will be a key trend for market growth. To further drive market growth, different countries that are mature and well developed in the market like China, Vietnam, the US, Canada, Indonesia, and Norway, are exploring new species, especially those of high value. APAC dominates the practice of introducing high value and low volume species, followed by Europe. By constant practice of providing value-added products in the market, the competitors of the market are diversifying their range of species with economic and biological potential. For instance, the European market has witnessed the introduction of emerging finfish species such as meagre (Argyrosomus regius), greater amberjack (Seriola dumerili), and wreckfish (Polyprion americanus).”

According to the report, the increasing awareness of the health benefits associated with seafood escalates the growth in consumption, and thus, serves as a key driver for the development of this market. In today’s world, the deficiency of micronutrients among millions of people, specifically women and children, has an adverse effect on their health. Over 250 million children across the world are vitamin A deficient that leads to blindness, 200 million people suffer from goiter (Out of which, as a result of iodine deficiency, 20 million have learning difficulties), more than 30% of the total world’s population suffers from a deficiency of iron, and 800,000 child deaths annually are due to zinc deficiency.

Further, the report states that one of the major challenges for the market will be imbalance between quantity and quality of seeds for aquafarming. Quality seed in sufficient quantity builds a foundation for aquaculture and optimizes the potential for aquaculture production, as it is a fundamental pre-requisite for sustainable and successful production. As the quantity issue has been solved, the quality issue has come to the forefront. Due to this, the quality issue has been highlighted in recent years as poor performance indicators (growth, production, survival, and several diseases) have consistently been attributed to seed quality.

Companies Mentioned

Blue Ridge Aquaculture, Cermaq, Cooke Aquaculture, Nireus Aquaculture, Tassal, American Abalone Farms, Dalian Zhangzidao Fishery, Eastern Fish, Huon Aquaculture, International Fish Farming, Marine Harvest, Norway Royal Salmon, Russian Aquaculture, Selonda Aquaculture, Stolt Sea Farm, and Taylor Shellfish Farms.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global aquaculture ecosystem
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings of top competitors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Production methods by global aquaculture species
  • Market landscape
    • Market overview
      • Table Categories of global aquaculture environment cultures
    • Value chain analysis
      • Table Value chain analysis of global aquaculture market
    • Market size and forecast
      • Table Global aquaculture market 2016-2020 ($ billions)
      • Table Global aquaculture market 2016-2020 (million tons)
    • Five forces analysis
    • PESTLE Analysis
      • Table PESTLE analysis
  • Market segmentation by product
    • Table Product segmentation of global aquaculture market 2015 and 2020
    • Global market for carps
      • Table Global market for carps 2016-2020 (million tons)
    • Global market for mollusks
      • Table Global market for mollusks 2016-2020 (million tons)
    • Global market for crustaceans
      • Table Global market for crustaceans 2016-2020 (million tons)
    • Global market for diadromous fish
      • Table Global market for diadromous fish 2016-2020 (million tons)
    • Global market for other species
      • Table Global market for other species 2016-2020 (million tons)
  • Market segmentation by environment
    • Table Global aquaculture market by environment segmentation 2015 and 2016
  • Market segmentation by geography
    • Segmentation of global aquaculture market by geography
      • Table Global aquaculture market by geographical segmentation 2015 and 2020
    • Aquaculture market in APAC
      • Table Aquaculture market in APAC 2016-2020 ($ billions)
      • Table Aquaculture market share in key APAC countries
    • Aquaculture market in Americas
      • Table Aquaculture market in Americas 2016-2020 ($ billions)
      • Table Aquaculture market share in key countries in the Americas
    • Aquaculture market in Europe
      • Table Aquaculture market in Europe 2016-2020 ($ billions)
      • Table Aquaculture market share in key European countries
    • Aquaculture market in ROW
      • Table Aquaculture market in ROW 2016-2020 ($ billions)
  • Key leading countries
    • Table Key leading countries and market share in 2015
    • Table Global aquaculture market by key leading countries 2016-2020
    • Aquaculture market in China
      • Table Aquaculture market in China 2016-2020 ($ billions)
    • Aquaculture market in India
      • Table Aquaculture market in India 2016-2020 ($ billions)
    • Aquaculture market in Indonesia
      • Table Aquaculture market in Indonesia 2016-2020 ($ billions)
  • Market drivers
    • Table Market growth drivers
    • Increasing awareness of high sources of nutrition in seafood
    • Increase in adoption of polyculture farm practices
      • Table Annual fish and shrimp production under different farm practices (Kg per hectare per year)
    • 'Blue economy' initiative to improve aquaculture infrastructure
    • Continuous decline of natural fish stock
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Market challenges
    • Imbalance between quantity and quality of seeds for aquafarming
    • High pathogenic disease prevalence among mollusks and crustaceans
      • Table Prevalent diseases and their potential impact
    • International issues related to illegal, unreported and unregulated (IUU) aquaculture
    • Adverse weather conditions in oceans and rivers
      • Table Impact of climate change
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Market trends
    • Sustainable aquaculture concentration
    • Introduction of new aquaculture species
    • Practice of recirculated aquaculture systems (RAS) and offshore cage technology
  • Competitive landscape
    • Competitive scenario
  • Key competitor analysis
    • Blue Ridge Aquaculture
    • Cermaq
      • Table Distribution of key business segments by revenue
      • Table Evolution of the company
    • Cooke Aquaculture
    • Nireus Aquaculture
    • Tassal Group Ltd.
    • Other prominent competitors
  • Prominent competitor analysis
    • American Abalone Farms
    • Dalian Zhangzidao Fishery
    • Eastern Fish
    • Huon Aquaculture
    • International Fish Farming
    • Marine Harvest
    • Norway Royal Salmon
    • Russian Aquaculture
    • Selonda Aquaculture
    • Stolt Sea Farm
    • Taylor Shellfish Farms
  • Appendix
    • List of abbreviations
  • Explore Technavio

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