Press release
Europe Organic Aquaculture Market 2022-27: Size, Share, Scope, Growth and Analysis
Organic aquaculture is the process of cultivating aquatic species using vegetable-based feed ingredients and additives such as corn, soybean, fish meal, fish oil, etc. Organic aquaculture practices provide a wide variety of nutritional, growth-promoting, and immune-resistant benefits to the farmed aquatic animals. They also assist in maintaining a viable and sustainable aquatic ecosystem by limiting the introduction of synthetic fertilizers, herbicides, pesticides, and several other harmful substances. As a result, organic aquaculture practices are widely adopted for cultivating various marine species, including trout, mussels, salmon, oyster, carp, etc.
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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.
Market Trends:
The growing consumer concerns towards the presence of numerous pathogens in traditionally cultured seafood products are primarily driving the market for organic aquaculture practices in Europe. Additionally, the inflating consumer disposable income levels along with their elevating living standards are further catalyzing the per capita expenditures on premium and organic seafood products. Moreover, the escalating demand for organic fish oil across several sectors, including pharmaceuticals, nutraceuticals, food and beverages, etc., is also augmenting the market growth in Europe. Besides this, the European Commission is constantly emphasizing on minimizing the adverse impact of chemical-based aquaculture methods on marine and freshwater ecosystems, which is expected to further strengthen the market growth in the coming years.
Breakup by Species:
Mussel
Trout
Salmon
Oyster
Carp
Seabass and Seabream
Others
Breakup by Form:
Canned
Frozen
Fresh or Chilled
Others
Breakup by Culture Environment:
Freshwater
Marine
Brackish Water
Breakup by End Use:
Household
Commercial
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Hotels and Restaurants
Online Sales
Others
Breakup by Country:
Ireland
Norway
Romania
Italy
Germany
Spain
Others
Competitive Landscape with Key Player:
Aqualande
Blackshell Farm Ltd
Biofisch GmbH
Cromaris D.D
Cultimer France Producteurs Associes
Glenarm Organic Salmon Limited
Kaerhede Dambrug ApS (Frea Aquaculture Solutions Aps)
Kush Shellfish
Mowi ASA
Musholm A/S (Okamura Foods Co.,Ltd)
SalMar ASA
Vilsund Blue A/S.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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