Press release
Norway Aquaculture Industry Report 2023 | Market Overview, Growth, Trends, Opportunities and Forecast till 2028
Norway Aquaculture Market
The Norway aquaculture market size reached 1.8 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 2.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028.
What is Aquaculture?
Aquaculture, under controlled settings, involves cultivating aquatic organisms, notably fish and shellfish. This method entails systematic farming of various species like salmon, trout, and shellfish in coastal waters, employing advanced technology and scientific knowledge to uphold the welfare of aquatic populations and preserve the ecological balance of their habitats. Furthermore, aquaculture plays a crucial role in revitalizing endangered species, curbing the seafood trade deficit, minimizing waste, and providing a secure breeding environment. Due to its advantages in waste reduction and safe breeding conditions, the demand for aquaculture is on the rise in Norway.
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Norway Aquaculture Market Trends and Drivers:
At present, the rising demand for seafood, especially salmon, among individuals represents one of the primary factors strengthening the market growth in Norway. Apart from this, the increasing focus on maintaining environmental sustainability is impelling the growth of the market. Moreover, innovative techniques, such as closed containment systems, water quality monitoring, and eco-friendly feed formulations, minimize the ecological footprint, improve efficiency, and enhance productivity are offering a lucrative growth opportunity to industry players in Norway. In line with this, the increasing preference for reliable protein-rich diets among individuals is contributing to the growth of the market. Besides this, the rising consumer demand for convenient, healthy, and sustainably sourced food options is supporting the growth of the market in Norway.
The report segmented the market on the basis of region, fish type, environment and distribution channel.
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:
Eastern Norway
Fjord Norway
Northern Norway
Southern Norway
Trøndelag
Ask to Analyst:- https://www.imarcgroup.com/request?type=report&id=5599&flag=C
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Reports:-
https://www.digitaljournal.com/pr/news/imarc/cardiovascular-devices-market-report-2023-2028-size-share-growth-report-analysis
https://www.digitaljournal.com/pr/news/imarc/cashew-market-report-2023-2028-industry-overview-size-share-forecast
https://www.digitaljournal.com/pr/news/imarc/specialty-insurance-market-report-2023-2028-industry-size-share-trends-growth
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
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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