Aquaculture Market to Reach USD 67.10 Bn. in 2030

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at US$ 42.06 Bn in 2023 and the total revenue is expected to grow at 6.9 % through 2024 to 2030, reaching nearly US$ 67.10 Bn.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Aquaculture, also known as fish farming, involves the controlled breeding, rearing, and harvesting of aquatic species such as fish, shellfish, algae, and other organisms in environments like coastal waters, freshwater ponds, rivers, and on-land tanks. This practice supports agricultural productivity, habitat restoration, and the conservation of endangered species while optimizing resource utilization. Additionally, aquaculture fosters economic growth by providing a reliable source of high-quality, protein-rich food. The sector continues to expand due to advancements in farming techniques, sustainability measures, and innovative technologies that improve yield efficiency and environmental compatibility.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/65165/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

The growth of the aquaculture market is fueled by increasing urbanization and rising disposable incomes, which drive demand for protein-rich food sources. Technological advancements in aquaculture practices, such as rice-fish culture and improved sustainability measures, have further enhanced productivity and environmental balance. Consumer preferences for fresh, high-grade, and ethically sourced seafood also contribute to market growth. Additionally, the focus on reducing overfishing and preserving wild fish stocks positions aquaculture as a sustainable solution to meet the growing demand for seafood while maintaining ecological balance.

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam has emerged as a significant player in the aquaculture industry, particularly in shrimp and pangasius farming. The country's favorable climate and extensive coastline have facilitated large-scale aquaculture operations. Recent developments include investments in sustainable farming practices and infrastructure to boost export quality and volume.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :https://www.maximizemarketresearch.com/inquiry-before-buying/65165/

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's aquaculture sector is renowned for shrimp and tilapia production. The industry has seen consolidation through mergers and acquisitions, enhancing production capabilities and market reach. Notably, Thai Union Group has expanded its operations, contributing to the country's prominence in the seafood market.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's aquaculture industry focuses on high-value species such as bluefin tuna and yellowtail. Technological advancements and research initiatives have led to increased production efficiency. Companies like Nippon Suisan Kaisha Ltd. are at the forefront, implementing innovative farming techniques to meet domestic and international demand.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea has witnessed a trend towards consolidation in its aquaculture sector, with companies merging to enhance competitiveness. The focus has been on sustainable practices and the cultivation of species like oysters and seaweed. Government support and technological integration have further propelled industry growth.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore is investing in urban aquaculture solutions to enhance food security. The adoption of Recirculating Aquaculture Systems (RAS) and vertical farming techniques has been pivotal. Collaborations between government agencies and private firms aim to increase local fish production, reducing reliance on imports.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The U.S. aquaculture market is projected to grow significantly, with a focus on sustainable and locally sourced seafood. Technological innovations, such as RAS, are improving production efficiency. Companies like Cooke Aquaculture Inc. are expanding operations, contributing to the industry's growth.

𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's aquaculture industry is characterized by a commitment to sustainability and high-quality production. Germany, for instance, accounted for a market share of 24.4% in 2023 and is anticipated to grow at a CAGR of 4.7% during the forecast period.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬: Collaborative efforts between Nippon Suisan Kaisha (Japan) and Dongwon Industries (South Korea) to enhance aquaculture R&D.

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Adoption of biofloc systems and recirculating aquaculture technologies in Thailand and Singapore.

𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: The EU's Blue Economy plan and Vietnam's government policies emphasizing sustainable practices.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧𝐬: Major acquisitions by Thai Union Group and Mowi ASA expanding footprints.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.maximizemarketresearch.com/request-sample/65165/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

by Type

Fish
Carps
Mollusks
Crustaceans
Mackerel
Sea bream
Others

by Water Environment

Marine Water
Fresh Water
Brackish Water

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.maximizemarketresearch.com/market-report/global-aquaculture-market/65165/

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Pentair plc.
2. AKVA Group
3. Xylem Inc.
4. Aquaculture Equipment Ltd.
5. Pioneer Group
6. FREA Aquaculture Solutions
7. Lifegard Aquatics
8. Tan International Ltd
9. Reef Industries, Inc.
10. Aquafarm Equipment AS
11. Aquaculture of Texas, Inc.
12. JBS S.A.
13. Tyson Foods Inc
14. Skretting
15. Huon Aquaculture Group
16. Zeigler Bros., Inc.
17. Ridley Corporation Limited
18. Empresas AquaChile S.A.
19. Grobest Group
20. Others Key Player

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

♦ Farrier Products Market: https://www.maximizemarketresearch.com/market-report/farrier-products-market/188522/

♦ Optical Current Transformer Market : https://www.maximizemarketresearch.com/market-report/optical-current-transformer-market/188538/

♦ Ice Hockey Sticks Market : https://www.maximizemarketresearch.com/market-report/ice-hockey-sticks-market/190679/

♦ Adult Entertainment Market : https://www.maximizemarketresearch.com/market-report/adult-entertainment-market/190504/

♦ Air Care Market : https://www.maximizemarketresearch.com/market-report/air-care-market/190516/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.
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