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Aquaculture Market Size to Reach 95.6 Million Tons, Globally, by 2027 at 4.8% CAGR

02-06-2023 06:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Aquaculture Market Size to Reach 95.6 Million Tons, Globally,

According to the latest report by IMARC Group, titled, "Aquaculture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global aquaculture market reached a volume of 72.4 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 95.6 Million Tons by 2027, exhibiting at a CAGR of 4.8% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Aquaculture, or fish farming, represents controlled procedures of breeding, rearing, cultivating, and harvesting fish, algae, shellfish, and other aquatic organisms. They are mostly performed in freshwater ponds, rivers, coastal ocean waters, and on-land tanks. Aquaculture practices aid in food production, aquarium building, and restoration of habitats and threatened and endangered species populations. They even minimize waste creation by producing feed for shellfish and fish, offering a natural and safe breeding environment to the aquatic population, and ensuring optimum usage of agricultural and natural resources. Consequently, aquaculture procedures are extensively practiced across countries.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/aquaculture-market/requestsample

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.

Aquaculture Market Trends and Drivers:

The shifting consumer preferences toward seafood and the growing demand for organic and seafood-based products are among the key factors driving the aquaculture market. In addition to this, the escalating adoption of fish oil in pharmaceuticals, food and beverage (F&B), nutraceutical, cosmetics, and other industries is also positively influencing the market growth. Besides this, the elevating awareness among fish breeders about the benefits of aquaculture practices to maintain overall productivity and gain control over the quality of water is acting as another significant growth-inducing factor. Moreover, the introduction of technologically advanced equipment to analyze fish behavior, monitor the water, and manage facility logistics is further stimulating the global market. Apart from this, the increasing research and development (R&D) activities related to genetic improvements in the species of finfish, manipulation of chromosomes, controlling fish reproduction, and monitoring of parasitic diseases in aquatic animals in open and offshore oceans are anticipated to propel the aquaculture market in the coming years.

Report Segmentation:

The report has segmented the market into the following categories:

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:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Aquaculture of Texas Inc.
Aquaculture Systems Technologies LLC
Aquafarm Equipment AS
Cermaq ASA
Cooke Aquaculture Inc.
CPI Equipment Inc.
Frea Aquaculture Solutions
Grupo Farallon Aquaculture
Huon Aquaculture Group Pty Ltd.
International Fish Farming Co. - Asmak
Leroy Sea Food Group
Nireus Aquaculture S.A
Selonda Aquaculture S.A. (Andromeda Seafood Limited)
Stehr Group Pty Ltd.
Stolt-Nielsen Limited (Fiducia Ltd.)
Tassal Group Limited
Thai Union Group Plc.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/aquaculture-market

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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

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Europe Organic Aquaculture Market: https://www.imarcgroup.com/europe-organic-aquaculture-market

Seed Treatment Market: https://www.imarcgroup.com/seed-treatment-market

Biochar Market: https://www.imarcgroup.com/biochar-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No (D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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