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Aquaculture Market could be worth267,423.64 million by 2028,,says Premium Market Insights

11-25-2024 11:51 AM CET | Food & Beverage

Press release from: Premium Market Insights

The aquaculture market was valued at US$ 267,423.64 million in 2021 and is projected to reach US$ 357,903.27 million by 2028, and it is expected to grow at a CAGR of 4.3% from 2021 to 2028.Aquaculture Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Culture Environment (Freshwater, Marine Water, and Brackish Water) and Product Type (Fish, Aquatic Plants, Crustaceans, Mollusca, and Others)

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Competitive Landscape: Aquaculture Market:
The expanding population is exerting pressure on naturally available protein sources, and fish products are expected to play a significant role in meeting the protein requirements of the growing middle-income group while also addressing the food security needs of the poor. This factor is expected to propel the growth of the aquaculture market during the forecast period. Aquaculture involves the cultivation of various organisms such as fish, aquatic plants, molluscs, crustaceans, algae, and others. In both developed and developing nations, small-scale aquaculture markets play a vital role in generating employment opportunities. As per the FAO, more than 41 million individuals worldwide are employed in the aquaculture industry. Fish farming, in particular, is the most prevalent aquaculture activity, and it is carried out extensively in developing countries. Fish and other seafood products are a significant source of nutrition for impoverished populations and are considered one of the most cost-effective animal protein sources. Given that many capture fisheries are fully exploited or overexploited, aquaculture is seen as a critical sector for meeting the growing demand for fish, which will increase with population growth, higher incomes, and urbanization.

WH Group
JBS S.A.
P/F Bakkafrost
Blue Ridge Aquaculture, Inc.
Danish Crown
Cooke Aquaculture, Inc.
Leroy Seafood Group ASA
Stolt-Nielsen Limited
Mowi ASA
Thai Union Group PCL
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Chapter Details of Aquaculture Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Aquaculture Market Landscape
Part 04: Aquaculture Market Sizing
Part 05: Aquaculture Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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