Aquaculture Products Market Comprehensive Analysis 2019: Pentair plc, AKVA group, Xylem, Aquaculture Systems Technologies, Pioneer Group, CPI Equipment, ASAKUA, Huon Aqua, Reef Industries, Aquafarm Equipment AS, Aquaculture of Texas, Cermaq, Cooke Aquacul

The global aquaculture products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Aquaculture Products market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Rise in demand for aquatic products and increased levels of population will drive the market for Aquaculture Products globally. This trend will raise the initial estimated market value from USD 29.3 billion in 2018 to an estimated value of USD 52.3 by 2026, registering a CAGR of 7.5% in the forecast period of 2019-2026.

Key Market Competitors:

• Pentair plc,
• AKVA group,
• Xylem,
• Aquaculture Systems Technologies LLC,
• luxsol.ru,
• Pioneer Group,
• CPI Equipment Inc.,
• ASAKUA,
• Huon Aqua,
• Eastern Fish Company,
• Intl Fish Farming,
• Aquafarm Equipment AS,
• Aquaculture of Texas Inc.,
• Cermaq,
• Cooke Aquaculture,
• Grupo Farallon Aquaculture,
• Lerøy,
• Marine Harvest,
• Bakkafrost, Selonda SA,
• Stolt-Nielsen,
• Tassal,
• Thai Union Group PCL,
• Blue Ridge Aquaculture
• Nireus

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Market Drivers:

• Rising demand of seafood in the Asia-Pacific region has boosted the farming of aquatic animals and that has caused a sharp rise in the demand for aquaculture products

• Developing regions are gaining the help of the government authorities as aquafarming is one of the major source of employment

Market Restraints:

• Overfishing for feed is acting as a major market restraint, as the maintenance of aquaculture products require wild fish as protein and that has caused the depleting of wild fish

• Rising pollution levels and chemical wastes is causing major market restraints to the aquaculture market

Segmentation:

• By Rearing Product Type

o Equipment
 Water pumps and filters
 Containment equipment
 Water circulating and aerating equipment
 Cleaning equipment
 Feeders
o Chemicals
o Pharmaceuticals
o Fertilizers

• By Species
o Aquatic plants
o Seaweeds
o Microalgae
o Aquatic animals
o Finfish
o Crustaceans
o Mollusks
o Other

• By Production Type
o Small-Scale
o Medium & Large Scale

• By Culture
o Freshwater
o Brackish water
o Marine

• By Geography
o North America
o South America
o Europe
o Asia-Pacific
o Middle East and Africa

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