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Leading Element Driving Change in the Integrated Recirculating Aquaculture System (RAS) Market in 2025: Growing Demand For High Quality Seafood Drives Integrated Recirculating Aquaculture System (RAS) Market Growth Driver
Integrated Recirculating Aquaculture System (RAS) Market Size
In recent times, the size of the integrated recirculating aquaculture system (RAS) market has increased significantly. It is set to grow from $4.69 billion in 2024 to $5.13 billion in 2025, marking a compound annual growth rate (CAGR) of 9.3%. The substantial growth observed in the past period is largely due to the growing demand for eco-friendly seafood, concerns about overfishing, amplified emphasis on conserving water, expansion of terrestrial fish farming, and an increase in seafood consumption.
Forecasts predict a strong uptick for the integrated recirculating aquaculture system (RAS) market in the coming years, projecting it to expand to $7.24 billion in 2029 with a compound annual growth rate (CAGR) of 9.0%. This anticipated growth during the forecast period can be credited to an augmented inclination towards sustainable aquaculture, escalating awareness about overfishing, increasing demand for safe and traceable seafood, burgeoning interest in land-based aquaculture, and growing demand for disease-free fish. Other significant trends that are expected to shape the market during the forecast period include the progression of energy-efficient RAS, improvements in RAS water filtration technology, combination with renewable energy sources, the application of advanced biosecurity strategies, and the creation of species-specific RAS systems.
What Are the Forces Behind the Rapid Growth of the Integrated Recirculating Aquaculture System (RAS) Market?
The expansion of the integrated recirculating aquaculture system (RAS) market is likely to be driven by escalating requirements for quality seafood items. This surge is due to the intensified health consciousness of the nutritious merits of quality seafood products and increasing consumer preference for sustainably sourced choices. Integrated recirculating aquaculture systems (RAS) facilitate the production of quality seafood by promoting ecological farming, maximizing water use, and delivering controlled circumstances for enhanced fish well-being and environmental conservation. For instance, the Department of Agriculture, Fisheries, and Forestry, a government agency based in Australia, forecasted in March 2024 that seafood manufacturing will grow from 60% of the overall production worth in the year 2023-24 to 64% by 2028-29. The total real value of aquaculture is projected to culminate at $2.21 billion by 2028-29. As a result, the amplified demand for quality seafood products is driving the integrated recirculating aquaculture system (RAS) market's development.
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Who Are the Dominant Companies Influencing Integrated Recirculating Aquaculture System (RAS) Market Trends?
Major companies operating in the integrated recirculating aquaculture system (RAS) marker are Xylem Inc., Pentair plc, Veolia Water Technologies and Solutions, Kaeser Compressors Inc., Skretting, Innovasea Systems Inc., BioMar Group, Aqua BioTech Group, Stolt Sea Farm S.A., Sterner AS, Nocera Inc., Moleaer Inc., Blue Ridge Aquaculture Inc., BioFishency Ltd., OxyGuard International A/S, CM Aqua Technologies ApS, AquaMaof Aquaculture Technologies Ltd., Clewer Aquaculture Oy, Fox Aquaculture Inc., Hesy Aquaculture B.V., Integrated Aqua Systems Inc., Levapor India Pvt Ltd., MAT-KULING AS, AKVA Group ASA
How Is the Integrated Recirculating Aquaculture System (RAS) Market Evolving?
Leading firms in the integrated recirculating aquaculture system (RAS) market are concentrating on devising innovative solutions like water quality management systems to augment fish health and promote sustainability. These systems encompass tools and procedures that aid in monitoring and preserving the chemical, physical, and biological conditions of water to ensure its safety and suitability for different uses. For example, in May 2023, a specialty chemicals company based in Germany, Evonik Industries AG, introduced VIGOROX Trident. This product is designed to diminish waterborne fish pathogens in both recirculating aquaculture systems (RAS) and ponds without affecting the fish, as it decomposes into innocuous byproducts. VIGOROX Trident serves as an efficient and safe substitute to conventional water treatment techniques, with zero noticeable impact on salmon and similar finfish at concentrations below 3.5 mg/L. This offers a cost-effective solution for aquaculture operators to sustain water quality, adhere to compliance standards, and enhance fish health without necessitating extra steps to eliminate chemical residues.
What Are the Different Segmentations in the Integrated Recirculating Aquaculture System (RAS) Market?
The integrated recirculating aquaculture system (RAS) market covered in this report is segmented -
1) By Type: Closed Type, Semi Closed Type
2) By Application: Outdoor System, Indoor System
3) By End Use: Retail, Food Processing Industry, Restaurants And Food Service, Animal Feed Industry, Pharmaceutical And Nutraceutical Industries, Other End Uses
Subsegments:
1) By Closed Type: Fully Closed RAS, Modular Closed RAS, High-Density Closed RAS
2) By Semi Closed Type: Semi Closed RAS For Freshwater, Semi Closed RAS For Marine Water, Hybrid Semi Closed RAS Systems
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Which Region Is at the Forefront of the Integrated Recirculating Aquaculture System (RAS) Market?
Asia-Pacific was the largest region in the integrated recirculating aquaculture system (RAS) market in 2024. The regions covered in the integrated recirculating aquaculture system (RAS) marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Integrated Recirculating Aquaculture System (RAS) Global Market Report?
- Market Size Analysis: Analyze the Integrated Recirculating Aquaculture System (RAS) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Integrated Recirculating Aquaculture System (RAS) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Integrated Recirculating Aquaculture System (RAS) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Integrated Recirculating Aquaculture System (RAS) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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