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According to our LPI (LP Information) latest study, the global Aquaculture market size was valued at US$ 214420 million in 2023. With growing demand in downstream market, the Aquaculture is forecast to a readjusted size of US$ 277160 million by 2030 with a CAGR of 3.7% during review period.
The research report highlights the growth potential of the global Aquaculture market. Aquaculture are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Aquaculture. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Aquaculture market.
Aquaculture, also known as aquafarming, is the farming of aquatic organisms such as fish, crustaceans, molluscs and aquatic plants. Aquaculture involves cultivating freshwater and saltwater populations under controlled conditions, and can be contrasted with commercial fishing, which is the harvesting of wild fish. Broadly speaking, the relation of aquaculture to finfish and shellfish fisheries is analogous to the relation of agriculture to hunting and gathering. Mariculture refers to aquaculture practiced in marine environments and in underwater habitats.
Global Aquaculture key players include Marineharvest, Cooke Aquaculture, Cermaq, Zhanjiang Guolian , Nireus Aquaculture, etc. Global top five players hold a share about 2%.
China is the largest market, with a share about 60%, followed by India and Europe, having a total share about 10 percent.
In terms of product, Fishes is the largest segment, with a share about 65%. And in terms of application, the application includes Goldfish, Koi, Tropical Fish.
Key Features:
The report on Aquaculture market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Aquaculture market. It may include historical data, market Segmentation by Type (e.g., Fishes, Crustaceans), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Aquaculture market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Aquaculture market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Aquaculture industry. This include advancements in Aquaculture technology, Aquaculture new entrants, Aquaculture new investment, and other innovations that are shaping the future of Aquaculture.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Aquaculture market. It includes factors influencing customer ' purchasing decisions, preferences for Aquaculture product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Aquaculture market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Aquaculture market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Aquaculture market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Aquaculture industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Aquaculture market.
Market Segmentation:
Aquaculture market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Fishes
- Crustaceans
- Molluscs
Segmentation by application
- Goldfish
- Koi
- Tropical Fish
- Other
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Marineharvest
- Cooke Aquaculture
- Cermaq
- Guolian Aquatic Products
- Nireus Aquaculture
- HUON
- Dalian Zhangzidao
- Shanwei Good Harvest Aquatic Products
- Hainan Xiangtai Fishery Group
- Hendrix Genetics
- Selonda
- Dahu Aquaculture Co Ltd
- Dalian Jinshan
- Zhanjiang Evergreen Aquatic Product
- Shandong Homey Aquatic
- Guangdong Dafeng
- Shandong Oriental Ocean
- Dalian Keybridge
- Tassal group Ltd.
- Shandong Xunshan Fisheries
- Lufeng Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aquaculture market?
What factors are driving Aquaculture market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aquaculture market opportunities vary by end market size?
How does Aquaculture break out type, application?