Aquaculture Market Size, Share Global Analysis Report, 2020–2026

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Aquaculture Market By Type (Carps, Crustaceans, Mackerel, Mollusca, Salmon, Trout, Others), and By Culture Environment (Fresh Water, Marine Water, Brackish Water) By Channel (Direct Sales, Distributor): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the aquaculture industry. The report analyzes and declares the historical and current trends analysis of the aquaculture industry and subsequently recommends the projected trends anticipated to be observed in the aquaculture market during the upcoming years.

The aquaculture market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire aquaculture market. The historical and past insights are provided for FY 2016 to FY 2020 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the aquaculture industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the aquaculture industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the aquaculture market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the aquaculture industry. The aquaculture market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the aquaculture sector. Key strategic developments in the aquaculture market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the aquaculture market are appropriately highlighted in the report.

Aquaculture is also known as aquafarming farming. Aquaculture includes the farming of an aquatic organism such as crustaceans, mollusks, aquatic plants, fish, algae, and other organisms. Aquaculture help to enhance the production of aquatic organism, it includes types of farming such as oyster farming, shrimp farming, fish farming, cultivation of ornamental fish, algaculture which is also known as seaweed farming, mariculture, etc. The aquaculture is the main source of food in seafood restaurants which serves seafood such as prawns, clams, salmon, tilapia, etc.

The availability of seafood and increasing demand in the growing urbanization is driving the aquaculture market growth. Moreover, increasing consumption of seafood for health benefits is anticipated to fuel the market growth. However, changes in climate conditions such as a rise in temperature rise, change in monsoon patterns, may produce restraint for the aquaculture market. Nonetheless, increasing R&D activities, rising investment for aquacultural production may create lucrative opportunities in the market.

The aquaculture market research report delivers an acute valuation and taxonomy of the aquaculture industry by practically splitting the market based on different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Aquaculture industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Aquaculture industry is provided for the leading economies of the world.

The aquaculture market is segmented based on product type and culture environment, and channel. Based on type segmentation, the market is classified into carps, crustaceans, mackerel, Mollusca, salmon, trout, others. In terms of culture environment segmentation, the market is bifurcated into freshwater, marine water, brackish water. And based on channel, the market is divided into direct sales and distributors.

Some of the essential players operating in the aquaculture market, but not restricted to include Nippon Suisan Kaisha Ltd, MOWI ASA, SalMar ASA, Cooke Aquaculture, Inc., Austevoll Seafood ASA, Norway Royal Salmon ASA, Campania Pesquera, Tassal Group Ltd, Multiexport Foods SA, Dainichi Corporation, Camanchaca SA, P/F Bakkafrost, Nireus SA, Stoly Sea Farm SA, Tongwei Group Co., Ltd., Kyokuyo Co., Ltd., Surapon Foods Public Company Limited, Thai Union Group PCL, and Maruha Nichiro Corporation, and others.

logoThe taxonomy of the aquaculture industry by its scope and segmentation is as follows:

logo By Product Types Segmentation Analysis

  • Carps
  • Crustaceans
  • Mackerel
  • Mollusca
  • Salmon
  • Trout
  • Others

logo Culture Environment Segmentation Analysis

  • Fresh Water
  • Marine Water
  • Brackish Water

logo By Channel Segmentation Analysis

  • Direct Sales
  • Distributor

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

logoKey Insights from Primary Research

  • According to the CXO’s working in the aquaculture industry, the market is predicted to witness a substantial growth of above 7.2% during 2020-2026 attributed to the increasing consumption of seafood for health benefits.
  • Due to the availability of seafood and increasing demand in the growing urbanization, the market is expected to develop over USD 52.4 billion until 2026. In 2019, the market was accounted for USD 32.2 billion.
  • By product type analysis, the salmon segment-headed the market in 2019 and it is expected to grow over the forecast period attributed to the high availability of salmons and its nutritional value for health.
  • By culture environment analysis, freshwater led the market in 2019 and it is expected to increase during the forthcoming years.
  • By geography, Asia Pacific is experiencing massive demand for aquaculture owing to a significantly increasing demand for fish food, and suitable climatic conditions in countries like China, Russia, etc.

logoKey Recommendations from Analysts

  • Our analysts recommend that North American is expected to boost the demand for aquaculture owing to the rising government initiatives in fish farming.
  • The European region is expected to the fastest growth in the market owing to the increasing requirement for seafood from a growing population.
  • The Middle East & Africa is projected to demonstrate considerable growth over the forecast period owing to growing aquacultural activities in these regions.
  • The carps, trout, mollusks segment is expected to witness the fastest growth due to the increasing cultivation of fish farming.
  • Due to economic growth and increasing R&D activities are anticipated to produce attractive opportunities in the market.

logoMarket Attractiveness By Culture Environment Analysis

logoAquaculture Market

Industry Major Market Players

  •  Nippon Suisan Kaisha Ltd
  •  SalMar ASA
  •  Cooke Aquaculture Inc.
  •  Austevoll Seafood ASA
  •  Norway Royal Salmon ASA
  •  Campania Pesquera
  •  Tassal Group Ltd
  •  Multiexport Foods SA
  •  Dainichi Corporation
  •  Camanchaca SA
  •  P/F Bakkafrost
  •  Nireus SA
  •  Stoly Sea Farm SA
  •  Tongwei Group Co. Ltd.
  •  Kyokuyo Co. Ltd.
  •  Surapon Foods Public Company Limited
  •  Thai Union Group PCL
  •  Maruha Nichiro Corporation

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Aquaculture Market.
According to Facts and Factors research report, the global Aquaculture Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Aquaculture Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Aquaculture Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Aquaculture Market in North America over coming decade.
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