5 Major Aquaculture Market is Projected to Reach $87.6 Billion by 2025, Growing At a CAGR of 4.9% From 2018-2025

According to a new report published by Allied Market Research, titled, "5 major Aquaculture Market by Fish Type: Opportunity Analysis and Industry Forecast, 2018-2025," The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

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The 5 major aquaculture market size was valued at $62.5 billion in 2018, and is estimated to reach $87.6 billion by 2025, registering a CAGR of 4.9% from 2018 to 2025.

The factors that drive the 5 major aquaculture market growth of the include widespread reduction of import tariffs. Moreover, increase in food supply security issue due to increase in global population, rise in the demand for protein, and technological advancements in the rearing of fish and cultivation of sea plants fuel the market growth.

However, factors such as change in consumption patterns due to growing preference of meat-based diet over seafood acts as a major restraint for the market. On the contrary, evolution of inland fish farming and technological advancements are anticipated to provide numerous opportunities for the market expansion.

The 5 major aquaculture market segments are categorized based on fish type and regions. On the basis of fish type, the market is divided into pompano, snappers, salmon, milkfish, tuna, tilapia, catfish, seabass, and others (carps, mackerels, sea bream, and trout). Based on region, 5 major aquaculture market is analyzed across the U.S., Europe, Russia, China, and Japan.

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Based on fish type, the salmon segment contributed to the largest share in 2018, accounting for more than one-fifth of the total share, and is estimated to maintain its dominant position during the forecast period. However, thetilapia segment is expected to register the highest CAGR of 5.6% from 2018 to 2025.

Based on region, Chinacontributed the highest share, accounting for nearly half of the total market share in 2018, and will maintain its dominance throughout the forecast period. In addition,the same region is expected to grow at the highest CAGR of 5.3% from 2018 to 2025. However, Japan is expected to grow at the CAGR of 4.8% during the forecast period.

The key players profiled in the 5 major aquaculture industry report include Cermaq Group AS (Mitsubishi Corporation), Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Leroy Sea Food Group, Marine Harvest ASA, P/F Bakkafrost, Selonda Aquaculture S.A., Stolt Sea Farm, Tassal Group Limited, and Thai Union Group Public Company Limited.

Key Benefits for 5 Major Aquaculture Market:

• The report provides a quantitative analysis of the current 5 major aquaculture market trends, estimations, and dynamics of the 5 major aquaculture market demand from 2018 to 2026 to identify the prevailing opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis and the 5 major aquaculture market size and segmentation assists in determining the prevailing opportunities.
• The major countries in each region are mapped according to their 5 major aquaculture market shares.
• The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position and 5 major aquaculture market shares.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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