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Global Live Fish Carrier Market Is Set To Enjoy A Valuation Of US$ 3.2 Billion In 2022

07-13-2022 02:56 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Live Fish Carrier Market Is Set To Enjoy A Valuation Of US$

According to a new market report by Fact.MR, a market research and competitive intelligence provider, the world's total fish production reached 174 million metric tons in 2020, while the global aquaculture industry was valued at USS 180.2 billion, a figure that is anticipated to reach US$ 224.2 billion by 2022.

The UN's Food Agriculture Organization (FAO) also reports that the contribution of aquaculture to the global production of capture fisheries and aquaculture, combined, has risen continuously, and aquaculture continues to grow faster than other major food production sectors.

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Key Segments Covered in Live Fish Carrier Industry Survey

Live Fish Carrier Market by Carrier Type :

Salt Fish Carriers
Fresh Water Fish Carriers
Mixed Carriers

Live Fish Carrier Market by Length :

Less than 50 m Live Fish Carriers
50 to 75 m Live Fish Carriers
Above 75 m Live Fish Carriers
Live Fish Carrier Market by Capacity :
Less than 2500 m3 Live Fish Carriers
2500 to 5000 m3 Live Fish Carriers
Above 5000 m3 Live Fish Carriers

Live Fish Carrier Market by Country :

South Korea
Rest of the World

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Competitive Landscape

Key manufacturers of live fish carriers are always developing new ship designs using advances in technology, which has fueled many recent innovations. In the live fish carrier market, key participants employ strategies such as forming productive relationships and collaborations with governments and end-use customers such as seafood processing industries and fleet operators.

Market participants are focusing on expanding their ship type offerings due to the increased demand for live fish from a variety of end-use industries, both salt and fresh water fish. Participants in the market are focusing on developing advanced products that will carry both, salt and freshwater fish to increase their geographical footprint.

For instance :

In April 2018, Rolls-Royce secured a contract with Bakkafrost, a Faroese shipowner, to deliver equipment and design a live fish carrier to be built at the Tersan shipyard in Turkey.
In Nov 2016, a ship built by Crist, which will be at yard number NB SC75, was designed using 3D modeling, in partnership with Artic Group Ships and Havyard MMC Fosnavg.
Fact.MR has provided detailed information about the price points of key manufacturers of live fish carriers positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

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Crucial Questions Answered in the Report

Which end-use industry remains the top consumer of Live Fish Carrier in different regional markets?
At what rate has the global Live Fish Carrier market been expanding during the forecast period?
How will the global Live Fish Carrier market look like by the end of the forecast period?
What innovative technologies are the Live Fish Carrier market players adopting to stay ahead of the pack?
What are the restraints affecting the growth of the global Live Fish Carrier market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis of growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment of the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis of each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with the necessary information to make critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Live Fish Carrier market

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Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

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