Press release
Aquaculture Market Size in Europe Growth to Continue in 2019 - Leading players are Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Leroy Sea Food Group, Marine Harvest ASA
Increased concern towards food security, technological advancement in the industry, and growing awareness towards healthy diet are prime factors resulting in growth of aquaculture industry. However, global warming and water pollution may hamper the market growth in the coming years.
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Aquaculture Market Report, published by Allied Market Research, forecasts that the market was valued $169 billion in 2015, and is expected to reach $242 billion by 2022, supported by a CAGR of 5.3% during the forecast period 2016 - 2022.Carps segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. Asia-Pacific held the leading position in the global market in 2015, and is expected to maintain its lead ahead as well.
Currently, aquaculture is necessary to meet the food demand and supply. This industry provides high-quality and disease-free fish by rearing them in an environment that meets the hygiene standards. Aquaculture is also a way to conserve the species on the verge of extinction. The global aquaculture market is projected to witness significant growth during the forecast period, owing to increase in health awareness among consumers regarding benefits of consumption of seafood, and rise in government rules and regulations in different countries that promote fish farming to meet the growing demand to cope with food insecurities. However, increase in water pollution and changes in climatic conditions hamper the market growth.
Based on type of environments, the aquaculture market is segmented into fresh water, marine water, and brackish water. Fresh water was the highest revenue-generating segment, accounting for about two-thirds share by revenue in 2015. Fresh water segment is expected to witness highest CAGR of 5.5% during the forecast period, followed by marine water segment at 5.1%.
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LAMEA was the second largest market in terms of revenue generation, with almost one-fourth share in 2015. This region is further expected to expand at a CAGR of 5.0% during the forecast period. Technological development in South America and some countries in South Africa is expected to increase the growth of aquaculture market in LAMEA. Moreover, rapid development in Middle East, in terms of infrastructure and technology, result in growth in LAMEA market. However, weak economies in Africa hamper the growth of the aquaculture market in this region.
Market players in the industry have adopted strategies such as acquisition, partnership & agreement, and geographical expansion to expand their market share and increase profitability. Major companies profiled in the report include Cermaq Group AS (Mitsubishi Corporation), Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Leroy Sea Food Group, Marine Harvest ASA, P/F Bakkafrost, Selonda Aquaculture S.A., Stolt Sea Farm, Tassal Group Limited, and Thai Union Group Public Company Limited.
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LIST OF TABLES
TABLE 1 GLOBAL AQUACULTURE MARKET SNAPSHOT
TABLE 2 GLOBAL MARINE WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%)2014-2022
TABLE 3 GLOBAL MARINE WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%)2014-2022
TABLE 4 NORTH AMERICA MARINE WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 5 NORTH AMERICA MARINE WATER AQUACULTURE MARKET VOLUME, ($MILLION), GROWTH (%) 2014-2022
TABLE 6 EUROPE MARINE WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 7 EUROPE MARINE WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 8 ASIA-PACIFIC MARINE WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 9 ASIA-PACIFIC MARINE WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 10 LAMEA MARINE WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 11 LAMEA MARINE WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 12 GLOBAL FRESH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%)2014-2022
TABLE 13 GLOBAL FRESH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%)2014-2022
TABLE 14 NORTH AMERICA FRESH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 15 NORTH AMERICA FRESH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 16 EUROPE FRESH WATER AQUACULTURE MARKET AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 17 EUROPE FRESH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 18 ASIA-PACIFIC FRESH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 19 ASIA-PACIFIC FRESH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 20 LAMEA FRESH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 21 LAMEA FRESH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 22 GLOBAL BRACKISH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%)2014-2022
TABLE 23 GLOBAL BRACKISH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%)2014-2022
TABLE 24 NORTH AMERICA BRACKISH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 25 NORTH AMERICA BRACKISH WATER AQUACULTURE MARKET REVENUE, (KILO TONS), GROWTH (%) 2014-2022
TABLE 26 EUROPE BRACKISH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 27 EUROPE BRACKISH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 28 ASIA-PACIFIC BRACKISH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 29 ASIA-PACIFIC BRACKISH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 30 LAMEA BRACKISH WATER AQUACULTURE MARKET REVENUE, ($MILLION), GROWTH (%) 2014-2022
TABLE 31 LAMEA BRACKISH WATER AQUACULTURE MARKET VOLUME, (KILO TONS), GROWTH (%) 2014-2022
TABLE 32 GLOBAL AQUACULTURE MARKET REVENUE, BY CARPS ($MILLION), GROWTH (%)2014-2022
TABLE 33 GLOBAL AQUACULTURE MARKET VOLUME, BY CARPS (KILO TONS), GROWTH (%)2014-2022
TABLE 34 NORTH AMERICA AQUACULTURE MARKET REVENUE, BY CARPS ($MILLION), GROWTH (%) 2014-2022
TABLE 35 NORTH AMERICA AQUACULTURE MARKET VOLUME, BY CARPS (KILO TONS), GROWTH (%) 2014-2022
TABLE 36 EUROPE AQUACULTURE MARKET REVENUE, BY CARPS ($MILLION), GROWTH (%) 2014-2022
TABLE 37 EUROPE AQUACULTURE MARKET VOLUME, BY CARPS (KILO TONS), GROWTH (%) 2014-2022
TABLE 38 ASIA-PACIFIC AQUACULTURE MARKET REVENUE, BY CARPS ($MILLION), GROWTH (%) 2014-2022
TABLE 39 ASIA-PACIFIC AQUACULTURE MARKET VOLUME, BY CARPS (KILO TONS), GROWTH (%) 2014-2022
TABLE 40 LAMEA AQUACULTURE MARKET REVENUE, BY CARPS ($MILLION), GROWTH (%) 2014-2022
TABLE 41 LAMEA AQUACULTURE MARKET VOLUME, BY CARPS (KILO TONS), GROWTH (%) 2014-2022
TABLE 42 GLOBAL AQUACULTURE MARKET REVENUE, BY MOLLUSKS ($MILLION), GROWTH (%)2014-2022
TABLE 43 GLOBAL AQUACULTURE MARKET VOLUME, BY MOLLUSKS (KILO TONS), GROWTH (%)2014-2022
TABLE 44 NORTH AMERICA AQUACULTURE MARKET REVENUE, BY MOLLUSKS ($MILLION), GROWTH (%) 2014-2022
TABLE 45 NORTH AMERICA AQUACULTURE MARKET VOLUME, BY MOLLUSKS (KILO TONS), GROWTH (%) 2014-2022
TABLE 46 EUROPE AQUACULTURE MARKET REVENUE, BY MOLLUSKS ($MILLION), GROWTH (%) 2014-2022
TABLE 47 EUROPE AQUACULTURE MARKET VOLUME, BY MOLLUSKS (KILO TONS), GROWTH (%) 2014-2022
TABLE 48 ASIA-PACIFIC AQUACULTURE MARKET REVENUE, BY MOLLUSKS($MILLION), GROWTH (%) 2014-2022
TABLE 49 ASIA-PACIFIC AQUACULTURE MARKET VOLUME, BY MOLLUSKS (KILO TONS), GROWTH (%) 2014-2022
TABLE 50 LAMEA AQUACULTURE MARKET REVENUE, BY MOLLUSKS ($MILLION), GROWTH (%) 2014-2022
TABLE 51 LAMEA AQUACULTURE MARKET VOLUME, BY MOLLUSKS (KILO TONS), GROWTH (%) 2014-2022
TABLE 52 GLOBAL AQUACULTURE MARKET REVENUE, BY CRUSTACEANS ($MILLION), GROWTH (%)2014-2022
TABLE 53 GLOBAL AQUACULTURE MARKET VOLUME, BY CRUSTACEANS (KILO TONS), GROWTH (%)2014-2022
TABLE 54 NORTH AMERICA AQUACULTURE MARKET REVENUE, BY CRUSTACEANS ($MILLION), GROWTH (%) 2014-2022
TABLE 55 NORTH AMERICA AQUACULTURE MARKET VOLUME, BY CRUSTACEANS (KILO TONS), GROWTH (%) 2014-2022
TABLE 56 EUROPE AQUACULTURE MARKET REVENUE, BY CRUSTACEANS ($MILLION), GROWTH (%) 2014-2022
TABLE 57 EUROPE AQUACULTURE MARKET VOLUME, BY CRUSTACEANS (KILO TONS), GROWTH (%) 2014-2022
TABLE 58 ASIA-PACIFIC AQUACULTURE MARKET REVENUE, BY CRUSTACEANS ($MILLION), GROWTH (%) 2014-2022
TABLE 59 ASIA-PACIFIC AQUACULTURE MARKET VOLUME, BY CRUSTACEANS (KILO TONS), GROWTH (%) 2014-2022
TABLE 60 LAMEA AQUACULTURE MARKET REVENUE, BY CRUSTACEANS ($MILLION), GROWTH (%) 2014-2022
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