South Korea Aquaculture Market Report 2022, Size, Share, Growth | IMARC Group

According to the latest report by IMARC Group, titled " South Korea Aquaculture Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the South Korea aquaculture market is expected to exhibit a CAGR of 6.20% during 2022-2027.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

South Korea Aquaculture Market Overview :

Breeding, harvesting, and rearing aquatic plants, fish, and shellfish using a variety of freshwater and marine operations is known as aquaculture. Regular stocking, protection, and feeding of aquatic organisms are some of these activities. It involves intensive and semi-intensive farms that have been modernised and professionalised. It promotes the best possible use of natural resources and lowers the production of waste.

South Korea Aquaculture Market Trends and Drivers:

One of the primary factors driving the market is the escalating demand for frozen and ready-to-eat (RTE) food, such as mackerels, salmon, sailfin sandfish, squid and aquaculture products. Besides this, the rising seafood consumption is also strengthening the market growth.

Additionally, the rising demand for organic product variants and the increasing disposable income of the masses is propelling the market growth. Furthermore, the government of South Korea has formed a long-term aquaculture development program to promote aquaculture activities, which is catalyzing the market growth.

Furthermore, the rising focus on sustainable development and the rapid growth of the retail distribution channels are also creating a positive market outlook.

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South Korea Aquaculture Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

The report has segmented the market on the basis of fish type, environment and distribution channel.

Breakup by Fish Type:
• Freshwater Fish
• Molluscs
• Crustaceans
• Others

Breakup by Environment:
• Fresh Water
• Marine Water
• Brackish Water

Breakup by Distribution Channel:
• Traditional Retail
• Supermarkets and Hypermarkets
• Specialized Retailers
• Online Stores
• Others

Breakup by Region:
• East
• West
• Southwest
• Southeast

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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