Global Aquaculture Market Size, Forecasts, And Opportunities – Includes Aquaculture Market Size
Learn about the global aquaculture market through The Business Research Company, which provides information on aquaculture market size, aquaculture market drivers and restraints, aquaculture market players, the COVID-19 impact on the aquaculture market, and more.
The global aquaculture market is expected to grow from $33.58 billion in 2021 to $37.39 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global aquaculture market size is expected to grow to $50.38 billion in 2026 at a CAGR of 7.7%.
The rising demand for seafood is expected to propel the growth of the aquaculture market.
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The aquaculture market consists of sales of aquaculture products by entities (organizations, sole traders, and partnerships) that are used as a source of food and various commercial products. Aquaculture is a type of farming that involves the breeding, raising, and harvesting of aquatic organisms such as fish, algae, shellfish, and other organisms under controlled conditions. Aquatic species are a good source of protein, vitamins, minerals, fatty acids, and essential micronutrients. This contributes to habitat restoration, agricultural production, and the creation of aquariums for threatened species.
By Fish Type: Carps, Mollusks, Crustaceans, Mackerel, Sea Bream, Others
By Environment: Marine Water, Fresh Water, Brackish Water
By Rearing Product Type: Equipment, Chemicals, Pharmaceuticals, Fertilizers
By Species: Aquatic Animals, Aquatic Plants
By Distribution Channel: Traditional Retail, Supermarkets and Hypermarkets, Specialized Retailers, Online Stores, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global aquaculture market in 2021.
Technological advancements are a key trend gaining popularity in the aquaculture market. Major companies operating in the aquaculture market are focused on developing new technological solutions to strengthen their position.
TBRC’s Aquaculture Market Report Covers:
Major Market Players: Aquaculture Equipment Ltd., Luxsol, FREA Solutions, Mowi ASA, SalMar ASA, Norway Royal Salmon ASA, Multiexport Foods SA, Bakkafrost, Tongwei Group, Surapon Foods Public Company Limited, Grupo Farallon Aquaculture, Leroy Seafood, Nireus Aquaculture S.A, and Selonda Aquaculture S.A.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Aquaculture Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides aquaculture market overviews, analyzes and forecasts market size, share, aquaculture market players, aquaculture market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s aquaculture market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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