Global Aquaculture Market, By Environment (Marine Water, Fresh Water, Brackish Water), By Fish Type (Carps, Mollusks, Crustaceans, Mackerels, Sea bream, Others), and opportunities and forecast 2020-2027
Aquaculture Market Overview
Aquaculture is the breeding, rearing, and harvesting of fish, shellfish, algae, and other organisms in all types of water environments. There are two main types of aquacultures, marine, and freshwater. Several factors are majorly impacting the growth of the global Aquaculture market, including rising consumption of fish for its nutritional value, the increasing trend of smart fishing, and the growth in the seafood trade.
Furthermore, the growth of the aquaculture market can be attributed to changes in the food consumption pattern of people all around the world. In addition to this, the expansion of the retail market and easy availability of the product through various sales channels make it convenient for consumers to purchase packaged aquaculture. This factor is contributing more to boost the sales figures. At present time, aquaculture is an absolute necessity to meet food demand and supply. This industry provides high-quality and disease-free fish by rearing fish in an environment that meets hygiene standards. As well, aquaculture activity is also used by industries to conserve species that are on the edge of extinction. All these aforementioned factors are majorly beneficial for the expansion of the global Aquaculture market.
However, the rise in the adoption of veganism and stringent law implemented against animal cruelty act as the major restraints of the global Aquaculture market. Besides this, the rise in popularity of protein-rich diet is projected to open new ways for the global Aquaculture market.
Covid-19 Impact on Aquaculture Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world
Aquaculture Market Segment Overview
According to Environment, the Fresh Water segment has the largest share of the global Aquaculture market. The growth can be attributed to the rapid expansion of aquaculture as a viable alternative to wild fishing. As well, the Marine Water segment has also significant growth in the market. Based on Fish Type, the Crustaceans is the largest segment in the market. Production of crustaceans through aquaculture will grow higher, as the industry moves toward digital transformation for strategic improvements in supply planning, purchases, and sales, meanwhile improving real-time business and enhancing profits.
In terms of geography, Asia Pacific accounted for the largest share in the global Aquaculture market. This can be mainly attributed to the growing demand for advanced and latest aquaculture products, which help in producing quality output with available land for aquafarming and improve the efficiency of aquaculture operations. Additionally, aquaculture sectors in countries such as China, India, Indonesia, and Thailand are export-oriented and the aquafarming sector has major importance in these countries. Therefore, market players are focusing on technology adoption and automation which is anticipated to have a positive impact on the market in this region.
Aquaculture Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Aquaculture Market Competitor overview
Some key developments and strategies adopted by manufacturers in Aquaculture are highlighted below.
· In July 2021, Skylo, the end-to-end narrowband IoT solution provider, has partnered with India’s National Federation of Fishers Cooperatives Ltd (FISHCOPFED). The advanced solutions provided by Skylo include two-way messaging, SOS alerts, harvest reporting and sensor integration for capturing different water quality parameters that allowing fish farmers to make more informed and immediate decisions.
· In August 2021, JBS SA is set to move deeper into the animal protein market with the announcement it plans to acquire 100% of Huon Aquaculture, Australia’s second-largest salmon producer.
Aquaculture Market, Key Players
· MOWI ASA · Nippon Suisan Kaisha Ltd · Austevoll Seafood ASA · SalMar ASA · Cooke Aquaculture, Inc. · Norway Royal Salmon ASA · Tassal Group Ltd · Campania Pesquera · Multiexport Foods SA · Camanchaca SA · Dainichi Corporation · P/F Bakkafrost · Stoly Sea Farm SA · Nireus SA · Tongwei Group Co., Ltd. · Kyokuyo Co., Ltd. · Thai Union Group PCL · Surapon Foods Public Company Limited · Maruha Nichiro Corporation
Aquaculture Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Aquaculture Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Environment
5.2.1. Marine Water
5.2.2. Fresh Water
5.2.3. Brackish Water
5.3. Market Analysis, Insights and Forecast – By Fish Type
5.3.1. Carps
5.3.2. Mollusks
5.3.3. Crustaceans
5.3.4. Mackerels
5.3.5. Sea bream
5.3.6. Others
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Aquaculture Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Environment
6.2.1. Marine Water
6.2.2. Fresh Water
6.2.3. Brackish Water
6.3. Market Analysis, Insights and Forecast – By Fish Type
6.3.1. Carps
6.3.2. Mollusks
6.3.3. Crustaceans
6.3.4. Mackerels
6.3.5. Sea bream
6.3.6. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Aquaculture Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Environment
7.2.1. Marine Water
7.2.2. Fresh Water
7.2.3. Brackish Water
7.3. Market Analysis, Insights and Forecast – By Fish Type
7.3.1. Carps
7.3.2. Mollusks
7.3.3. Crustaceans
7.3.4. Mackerels
7.3.5. Sea bream
7.3.6. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Aquaculture Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Environment
8.2.1. Marine Water
8.2.2. Fresh Water
8.2.3. Brackish Water
8.3. Market Analysis, Insights and Forecast – By Fish Type
8.3.1. Carps
8.3.2. Mollusks
8.3.3. Crustaceans
8.3.4. Mackerels
8.3.5. Sea bream
8.3.6. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Aquaculture Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Environment
9.2.1. Marine Water
9.2.2. Fresh Water
9.2.3. Brackish Water
9.3. Market Analysis, Insights and Forecast – By Fish Type
9.3.1. Carps
9.3.2. Mollusks
9.3.3. Crustaceans
9.3.4. Mackerels
9.3.5. Sea bream
9.3.6. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. MOWI ASA
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Nippon Suisan Kaisha Ltd
10.6. Austevoll Seafood ASA
10.7. SalMar ASA
10.8. Cooke Aquaculture, Inc.
10.9. Norway Royal Salmon ASA
10.10. Tassal Group Ltd
10.11. Campania Pesquera
10.12. Multiexport Foods SA
10.13. Camanchaca SA
10.14. Dainichi Corporation
10.15. P/F Bakkafrost
10.16. Stoly Sea Farm SA
10.17. Nireus SA
10.18. Tongwei Group Co., Ltd.
10.19. Kyokuyo Co., Ltd.
10.20. Thai Union Group PCL
10.21. Surapon Foods Public Company Limited
List of Figures
Figure 1: Global Aquaculture Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Aquaculture Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Aquaculture Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Aquaculture Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Aquaculture Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Aquaculture Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Aquaculture Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Aquaculture Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Aquaculture Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Aquaculture Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Aquaculture Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Aquaculture Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Aquaculture Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Aquaculture Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Aquaculture Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Aquaculture Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Aquaculture Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Aquaculture Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Aquaculture Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Aquaculture Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Aquaculture Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Aquaculture Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Aquaculture Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Aquaculture Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Aquaculture Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Aquaculture Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Aquaculture Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Aquaculture Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Aquaculture Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Aquaculture Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Aquaculture Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Aquaculture Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Aquaculture Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Aquaculture Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Aquaculture Market Revenue (USD Billion) Forecast, by Country, 2016-2027
