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Global Aquaculture Market Report 2023 Key Growth Factors, Opportunity Assessment, Recent Developments And Forecast To 2032 | Major Players Are Aquaculture Equipment Ltd., Luxsol, FREA Solutions, Mowi ASA, SalMar ASA, Norway Royal Salmon ASA
Aquaculture Market
Aquaculture Market Size, Growth Rate, And Forecast:
The global aquaculture market size grew from $37.66 billion in 2022 to $41.45 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aquaculture market size is expected to grow to $56.86 billion in 2027 at a CAGR of 8.2%.
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Aquaculture Market Drivers:
The rising demand for seafood is expected to propel the growth of the aquaculture market going forward. Seafood refers to edible aquatic animals, including both freshwater and ocean creatures, such as lobsters, mussels, crabs, and sometimes other sea creatures. The rise in demand for seafood helps to increase the prominence of aquaculture in total fish supply.
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Aquaculture Market Segments:
By Fish Type: Carps, Mollusks, Crustaceans, Mackerel, Sea Bream, Other Fish Types
By Environment: Marine Water, Fresh Water, Brackish Water
By Rearing Product Type: Equipment, Chemicals, Pharmaceuticals, Fertilizers
By Species: Aquatic Animals, Aquatic Plants
By Distribution Channel: Traditional Retail, Supermarkets and Hypermarkets, Specialized Retailers, Online Stores, Other Distribution Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Aquaculture Market.
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Aquaculture Market Key Players:
Major competitors in the aquaculture market include Aquaculture Equipment Ltd., Luxsol, FREA Solutions, Mowi ASA, SalMar ASA, Norway Royal Salmon ASA.
The Business Research Company's "Global Aquaculture Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aquaculture Market Include:
1. Executive Summary
2. Aquaculture Market Characteristics
3. Aquaculture Market Trends And Strategies
4. Aquaculture Market - Macro Economic Scenario
5. Aquaculture Market Size And Growth
……
26. Africa Aquaculture Market
27. Aquaculture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aquaculture Market
29. Aquaculture Market Future Outlook and Potential Analysis
30. Appendix
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