North America Aquaculture Market Developments, Growing Trends and Demand 2021-2028: Bakkafrost, JBS S.A., Leroy Seafood, Mowi ASA

The report presents an in-depth assessment of the 'North America Aquaculture Market'. This includes enabling demand, key trends, market drivers, challenges, competition, standardization, regulatory landscape, deployment models, competitive analysis, operator case studies, opportunities, future trends, value chains, ecosystem player profiles, and strategies included. The report also presents a SWOT analysis and forecast for North America Aquaculture investments from 2021 to 2028.

"The Aquaculture Market in North America is expected to grow from US$ 20,110.26 million in 2021 to US$ 27,343.81 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028."
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Seafood, specifically fish is part of traditional food in many regions. Also, fish is largely consumed owing to its nutritional benefits and several health benefits. It is considered a good source of fatty acids, vitamins, minerals, protein, and essential micronutrients. An increase in disposable income and spending power of consumers also upsurge their spending on animal proteins such as seafood as compared to other food categories.

North America Aquaculture market includes market research report Top Companies:

• Bakkafrost
• Blue Ridge Aquaculture, Inc.
• Cermaq Group AS
• Cooke Aquaculture, Inc.
• JBS S.A.
• Leroy Seafood
• Mowi ASA
• Stolt-Nielsen Limited
• Thai Union Group PCL

Aquaculture is the solution to meet the increasing demand for seafood. Aquaculture is the practice of farming aquatic animals such as fish, crustaceans, mollusks, and others in a controlled environment in man-made tanks and ponds, or water bodies in the coastal areas. It accounts for more than half of the seafood consumption across the world. Overfishing in the oceans has created a need for the development of alternative methods for the production of seafood to feed the planet's highly growing population. Aquaculture is a sustainable solution over wild fishing to provide future generations with environmentally friendly protein alternatives.

It also has reduced greenhouse gas emissions as compared to other types of farming. It is the controlled process of farming aquatic organisms in inland and coastal areas. Aquaculture is carried out by multinational companies as well as small-scale fisheries. 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. The rise in North American fish consumption is driving the growth of the aquaculture market.

North America Aquaculture Market Split by Product Type and Application:

This report segments the North America Aquaculture Market on the premise of Types is:

• Aquatic Plants
• Fish
• Crustaceans
• Mollusca
• Others

On the premise of Application, the North America Aquaculture Market is segmented into:

• Fresh Water
• Brackish Water
• Marine Water

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Important Features that are under Offering and North America Aquaculture Market Highlights of the Reports:

• Detailed overview of the North America Aquaculture Market
• Changes in industry market dynamics
• Detailed market segmentation by type, application, etc.
• Historical, current, and projected market size in terms of quantity and value
• Recent industry trends and developments
• Competition situation of North America Aquaculture Market
• Key companies and product strategies
• Potential niche segment/region showing promising growth.

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Research Methodology:

The North America Aquaculture Market Report includes estimates of market value and volume. Both top-down and bottom-up approaches are used to estimate and validate the market size of the North America Aquaculture Market and the size of various other sub-markets of the market as a whole.

The key players in the market have been identified through secondary research, and market share has been determined through primary and secondary research. Percentage splits and breakdowns are all determined using secondary and validated primary sources.

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