Press release
Global Integrated Recirculating Aquaculture System (RAS) Market Research Report 2023
The global Integrated Recirculating Aquaculture System (RAS) market was valued at US$ 4938.6 million in 2022 and is anticipated to reach US$ 8246.1 million by 2029, witnessing a CAGR of 8.9% during the forecast period 2023-2029.
Integrated Recirculating Aquaculture System (RAS) Market
Integrated Recirculating Aquaculture systems are among the technologies at the vanguard of aquaculture engineering. Recirculating Aquaculture Systems (RAS) allow fish to be farmed in net cages or tanks instead of open-air ponds. These systems allow high-density fish production within a breeding environment that is controllable by the operator of the facility. The filters of the recirculating system clean and recycle the water, sending it back to the tanks. New water is only added to the tanks to compensate for water lost due to splashing and evaporation, and to replace that used to remove waste materials.
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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The top three players of integrated recirculating aquaculture system (RAS) in the world include Skretting, Xylem, and RADAQUA, with a total market share of about 10%. The largest player is Skretting, with a market share of more than 4%. The Asia-Pacific area is the most important consumer region for integrated recirculating aquaculture system in the world, with a market share of more than 40%. In terms of type, closed type has a market share of over 80%. In the application field, the market share of indoor system accounts for more than 70%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Integrated Recirculating Aquaculture System (RAS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Integrated Recirculating Aquaculture System (RAS).
The Integrated Recirculating Aquaculture System (RAS) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Integrated Recirculating Aquaculture System (RAS) market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
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For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Integrated Recirculating Aquaculture System (RAS) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Scope of Integrated Recirculating Aquaculture System (RAS) Market Report
Segment by Type
Closed Type
Semi-Closed Type
Segment by Application
Indoor System
Outdoor System
By Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia) Rest of Europe
Nordic Countries
Asia-Pacific (China, Japan, South Korea)
Southeast Asia (India, Australia)
Rest of Asia
Latin America (Mexico, Brazil)
Rest of Latin America
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Skretting, Xylem, RADAQUA, PR Aqua, AquaMaof, Billund Aquaculture, AKVA Group, Hesy Aquaculture, Aquacare Environment, Qingdao Haixing, Clewer Aquaculture, Sterner, Veolia, MAT-KULING, Fox Aquaculture, Pentair, Innovasea, Nocera, BioFishency, SENECT, Alpha Aqua
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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