Press release
Global Integrated Recirculating Aquaculture System (RAS) Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Integrated Recirculating Aquaculture System (RAS)
What Is the Integrated Recirculating Aquaculture System (RAS) Market Size and Projected Growth Rate?
The integrated recirculating aquaculture system (RAS) market size has grown strongly in recent years. It will grow from $4.69 billion in 2024 to $5.13 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increasing demand for sustainable seafood, rising concerns over overfishing, increasing focus on water conservation, growth in land-based fish farming, and rising seafood consumption.
The integrated recirculating aquaculture system (RAS) market size is projected to grow to $7.24 billion by 2029, at a CAGR of 9.0%. The forecast growth is driven by the demand for sustainable aquaculture, awareness of overfishing, the need for traceable and safe seafood, the growth of organic seafood, the rise of land-based aquaculture, and the demand for disease-free fish. Trends include the development of energy-efficient RAS, advancements in water filtration, integration with renewable energy, enhanced biosecurity measures, and species-specific RAS systems.
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What Are the Major Segments 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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What Are The Driving Integrated Recirculating Aquaculture System (RAS) Market Evolution?
The rising demand for high-quality seafood products is anticipated to drive the integrated recirculating aquaculture system (RAS) market. The demand for seafood is growing due to awareness of its nutritional benefits and the desire for sustainably sourced options. RAS systems enable the production of high-quality seafood by ensuring sustainable farming practices. A 2024 report from the Department of Agriculture, Fisheries, and Forestry projected a 60% increase in seafood production value by 2028. This demand is contributing to the growth of the RAS market.
Which Firms Dominate The Integrated Recirculating Aquaculture System (RAS) Market Segments?
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
What Trends Are Expected to Dominate the Integrated Recirculating Aquaculture System (RAS) Market in the Next 5 Years?
Major Companies in the integrated recirculating aquaculture system (RAS) market are developing solutions like water quality management systems to improve fish health and enhance sustainability. For example, in May 2023, Evonik Industries AG, a German chemicals company, launched VIGOROX Trident, a product designed to reduce waterborne pathogens in aquaculture systems. This system ensures fish health without harming the environment and offers an alternative to traditional chemical treatments.
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Which Is The Largest Region In 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Integrated Recirculating Aquaculture System (RAS) Market?
2. What is the CAGR expected in the Integrated Recirculating Aquaculture System (RAS) Market?
3. What Are the Key Innovations Transforming the Integrated Recirculating Aquaculture System (RAS) Industry?
4. Which Region Is Leading the Integrated Recirculating Aquaculture System (RAS) Market?
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