Aquaculture Market Outlook to 2027 by Prominent Players - Bakkafrost, Blue Ridge Aquaculture, Cermaq Group, Cooke Aquaculture, Danish Salmon

Surge in demand and consumption of sea food is projected to escalate the aquaculture market at a CAGR of 7.7%

Latest market study on "Global Aquaculture Market to 2027 - Analysis and Forecasts by Species (Aquatic Plants, Fish, Crustaceans, Molluscs, and Others), Nature (Land based and Offshore), Culture Environment (Fresh water, Brackish water, and Marine)", The global aquaculture market is accounted to US$ 264,470.0 Mn in 2018 and is expected to grow at a CAGR of 7.7% during the forecast period 2019 - 2027, to account to US$ 509,743.0 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

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The List of Companies:
1. Bakkafrost
2. Blue Ridge Aquaculture, Inc.
3. Cermaq Group AS
4. Cooke Aquaculture Inc
5. Danish Salmon A/S
6. Farallon Aquaculture Group
7. FIFAX AB
8. HESY Aquaculture B.V
9. Ler�y
10. Mowi ASA
11. NIRI AS
12. Selonda Aquaculture SA
13. Stolt-Nielsen Limited
14. TASSAL
15. Thai Union Group PCL

Under the species segment, the fish segment accounted for the largest share in the global aquaculture market. Availability of a wide variety of fish and rising demand from developing countries such as the US, Canada, France, Italy, and China among are the key factors that promote the demand for fish in the global aquaculture market. Furthermore, fish is a good source of proteins, minerals, and vitamins, which help to provides numerous health benefits. Fish has essential fatty acids, and its consumption helps to reduce the risk of cardiovascular diseases and contribute to brain and vision development. Therefore, the rise in awareness about the health benefits associated with fish consumption driving the of fish segment growth in the global aquaculture market.

Seafood, specifically fish is the part of traditional food in many regions. Also, fish is largely consumed owing to its nutritional benefits and several health benefits. It is considered as a good source of fatty acids, vitamins, minerals, protein, and essential micronutrients. Increase in disposable income and spending power of consumer also upsurge their spending on animal proteins such as seafood as compared to other food categories. Also, the Food and Agriculture Organization (FAO) has predicted that fish consumption by a human is expected to increase by 50% in the coming 15 years. Currently, high growth in population and growing awareness amongst consumer about the seafood as a healthy source of protein have fueled the growth of aquaculture market. Along with this, the increase in purchasing power of people in developing nations has also supported the market growth. Wild fisheries are not sufficient to meet the global demand for seafood. Thus, aquaculture is a suitable solution, which is the fastest-growing form of food production. Thus, the global increase in fish consumption is driving the growth of the aquaculture market.

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Table of Content:

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Aquaculture Market - By Species
1.3.2 Global Aquaculture Market - By Nature
1.3.3 Global Aquaculture Market - By Culture Environment
1.3.4 Global Aquaculture Market - By Geography

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Aquaculture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East and Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Expert Opinions

5. Aquaculture Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Surge in demand and consumption of sea food
5.1.2 Favourable Government Initiatives Boosting the Adoption of Aquaculture Globally
5.2 Restraints
5.2.1 Harmful Impact on the Environment
5.3 Opportunity
5.3.1 Implementation of RAS technology
5.4 Future trends
5.4.1 Application of fish oil in several industries is expected to boost the demand for aquaculture
5.5 Impact Analysis of Drivers and Restraints

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