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Aquaculture Market

Aquaculture Market Forecasts to 2028 – Global Analysis By Product (Chemicals, Pharmaceuticals), Application (Sale, Processing), End User (Business to Business (B2B), Business to Customer (B2C)) and By Geography

5.0 (86 reviews)
Published: June 2021 ID: SMRC20607
5.0 (86 reviews)
Published: June 2021 ID: SMRC20607

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Aquaculture market is accounted for $35.24 billion in 2020 and is expected to reach $71.25 billion by 2028 growing at a CAGR of 9.2% during the forecast period. Increasing seafood trade propelling demand, rising income levels leading to faster growth in fish consumption and continuous decline of natural feedstock are the major factors driving the market growth. However, rise in the adoption of veganism is restraining the market growth.

Aquaculture is defined as the activity of fish farming. This procedure of farming involves interventions in rearing process to boost production, such as regular stocking, feeding, and protection from predators. Aquaculture farming involves around 580 species that are currently farmed all over the world, representing a wealth of genetic diversity both within and among species.

Based on production, the small-scale segment is estimated to have a lucrative growth due to the growing demand for aqua products for their protein-rich content, small-scale farming is adopted by developing regions such as Africa, South America and Asia Pacific. Furthermore, the governments of these countries are taking various initiatives to support aqua farming in these regions, as it is one of the major sources of employment. By geography, Asia Pacific is going to have high growth during forecast period due to rise in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aqua farming and enhance the efficiency of aquaculture operations.

Some of the key players profiled in the Aquaculture Market include AKVA Group, Aquaculture Equipment Ltd, Aquaculture of Texas, Inc, Aquaculture System Technologies, LLC., Asakua, CPI Equipment Inc., Frea Aquaculture Solutions, Lifegard Aquatics, Luxsol, Pentair PLC, Pioneer Group, Reef Industries, Inc., Tan International Ltd and Xylem Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 35.24 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

9.2%

Predicted 2028 Value:

USD 71.25billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

302

Chapters Covered:

Type, Production Type, Consumption, Nature, Form, Ingredient, Additive, Culture, Species, Product, Application, End User and Region

Core Drivers and Opportunities:

  • Increasing seafood trade propelling demand
  • Rising income levels leading to faster growth in fish consumption
  • Continuous decline of natural feedstock

Restraining Factors & Market Threats:

  • Rise in the adoption of veganism
  • Food safety concerns


Types Covered:
• Canned
• Frozen
• Processed
• Raw

Production Types Covered:
• Small Scale
• Medium & Large Scale

Consumptions Covered:
• Food Use
• Non Food Use

Natures Covered:
• Land Based
• Offshore

Forms Covered:
• Extruded
• Liquid
• Pellets
• Powdered

Ingredients Covered:
• Additives
• Corn
• Fish Meal
• Fish Oil
• Soybean

Additives Covered:
• Antioxidants
• Feed Enzymes
• Vitamins & Minerals

Cultures Covered:
• Freshwater
• Marine
• Brackish Water
• Other Cultures

Species Covered:
• Aquatic Animals
• Aquatic Plants

Products Covered:
• Equipment
• Chemicals
• Fertilizers
• Pharmaceuticals

Applications Covered:
• Sale
• Processing

End Users Covered:
• Business to Business (B2B)
• Business to Customer (B2C)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Aquaculture Market is majorly driven by increasing seafood trade propelling demand, rising income levels leading to faster growth in fish consumption and continuous decline of natural feedstock.

The small-scale segment is growing at a highest CAGR owing demand for aqua products for their protein-rich content.

South America dominated with a significant market share due to the factors such as technological developments and rapid improvements in terms of infrastructure.

Asia Pacific market is growing at a highest CAGR owing to rise in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aquafarming and enhance the efficiency of aquaculture operations.

Key players in Aquaculture Market include AKVA Group, Aquaculture Equipment Ltd, Aquaculture of Texas, Inc, Aquaculture System Technologies, LLC., Asakua, CPI Equipment Inc., Frea Aquaculture Solutions, Lifegard Aquatics, Luxsol, Pentair PLC, Pioneer Group, Reef Industries, Inc., Tan International Ltd and Xylem Inc.

1 Executive Summary       
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders       
 2.3 Research Scope      
 2.4 Research Methodology      
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions     
        
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats      
 3.6 Product Analysis      
 3.7 Application Analysis      
 3.8 End User Analysis      
 3.9 Emerging Markets      
 3.10 Impact of Covid-19      
        
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry      
        
5 Global Aquaculture Market, By Type       
 5.1 Introduction      
 5.2 Canned      
 5.3 Frozen      
 5.4 Processed      
 5.5 Raw      
        
6 Global Aquaculture Market, By Production Type       
 6.1 Introduction      
 6.2 Small Scale      
 6.3 Medium & Large Scale      
        
7 Global Aquaculture Market, By Consumption       
 7.1 Introduction      
 7.2 Food Use      
 7.3 Non Food Use      
        
8 Global Aquaculture Market, By Nature       
 8.1 Introduction      
 8.2 Land Based      
 8.3 Offshore      
        
9 Global Aquaculture Market, By Form       
 9.1 Introduction      
 9.2 Extruded      
 9.3 Liquid       
 9.4 Pellets      
 9.5 Powdered      
        
10 Global Aquaculture Market, By Ingredient       
 10.1 Introduction      
 10.2 Additives      
 10.3 Corn      
 10.4 Fish Meal      
 10.5 Fish Oil      
 10.6 Soybean      
        
11 Global Aquaculture Market, By Additive       
 11.1 Introduction      
 11.2 Antioxidants      
 11.3 Feed Enzymes      
 11.4 Vitamins & Minerals      
        
12 Global Aquaculture Market, By Culture       
 12.1 Introduction      
 12.2 Freshwater       
 12.3 Marine      
 12.4 Brackish Water      
 12.5 Other Cultures      
  12.5.1 Net Pen Culture     
  12.5.2 Floating-Cage Culture     
  12.5.3 Pond Culture     
  12.5.4 Rice Field Culture      
        
13 Global Aquaculture Market, By Species       
 13.1 Introduction      
 13.2 Aquatic Animals      
  13.2.1 Fish     
   13.2.1.1 Tuna    
   13.2.1.2 Tilapia    
   13.2.1.3 Swordfish    
   13.2.1.4 Salmon    
   13.2.1.5 Finfishes    
   13.2.1.6 Milkfish    
   13.2.1.7 Catfish    
   13.2.1.8 Shellfish    
   13.2.1.9 Goldfish    
   13.2.1.10 Koi    
   13.2.1.11 Tropical Fish    
   13.2.1.12 Turbot    
  13.2.2 Mollusks     
  13.2.3 Crustaceans     
   13.2.3.1 Crabs    
   13.2.3.2 Lobsters    
   13.2.3.3 Crayfish    
   13.2.3.4 Shrimps & Prawns    
    13.2.3.4.1 Giant Tiger Prawn   
    13.2.3.4.2 Fleshy Prawn   
    13.2.3.4.3 Whiteleg Shrimp   
  13.2.4 Seaweed     
  13.2.5 Other Aquatic Animals     
   13.2.5.1 Pompano    
   13.2.5.2 Snappers    
   13.2.5.3 Groupers    
   13.2.5.4 Carps    
   13.2.5.5 Mackerels    
   13.2.5.6 Sea Bream    
   13.2.5.7 Sea Bass    
   13.2.5.8 Trout    
   13.2.5.9 Diadromous    
 13.3 Aquatic Plants      
  13.3.1 Seaweeds     
  13.3.2 Microalgae     
        
14 Global Aquaculture Market, By Product       
 14.1 Introduction      
 14.2 Equipment      
  14.2.1 Containment Equipment     
  14.2.2 Water Pumps and Filters     
  14.2.3 Water Circulating and Aerating Equipment     
  14.2.4 Cleaning Equipment     
  14.2.5 Feeders     
 14.3 Chemicals      
 14.4 Fertilizers      
 14.5 Pharmaceuticals      
        
15 Global Aquaculture Market, By Application       
 15.1 Introduction      
 15.2 Sale      
 15.3 Processing       
        
16 Global Aquaculture Market, By End User       
 16.1 Introduction      
 16.2 Business to Business (B2B)      
  16.2.1 Food Industry     
  16.2.2 Food Service Provider     
  16.2.3 Cosmetics     
  16.2.4 Animal Feed     
 16.3 Business to Customer (B2C)      
  16.3.1 Store Based Retailing     
   16.3.1.1 Hypermarket/Supermarket    
   16.3.1.2 Convenience Stores    
   16.3.1.3 Specialty Stores    
   16.3.1.4 Traditional Grocery Stores    
  16.3.2 Online Retailer     
         
17 Global Aquaculture Market, By Geography       
 17.1 Introduction      
 17.2 North America      
  17.2.1 US     
  17.2.2 Canada     
  17.2.3 Mexico     
 17.3 Europe      
  17.3.1 Germany     
  17.3.2 UK     
  17.3.3 Italy     
  17.3.4 France     
  17.3.5 Spain     
  17.3.6 Rest of Europe     
 17.4 Asia Pacific      
  17.4.1 Japan     
  17.4.2 China     
  17.4.3 India     
  17.4.4 Australia     
  17.4.5 New Zealand     
  17.4.6 South Korea     
  17.4.7 Rest of Asia Pacific     
 17.5 South America      
  17.5.1 Argentina     
  17.5.2 Brazil     
  17.5.3 Chile     
  17.5.4 Rest of South America     
 17.6 Middle East & Africa      
  17.6.1 Saudi Arabia     
  17.6.2 UAE     
  17.6.3 Qatar     
  17.6.4 South Africa     
  17.6.5 Rest of Middle East & Africa     
        
18 Key Developments       
 18.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 18.2 Acquisitions & Mergers      
 18.3 New Product Launch      
 18.4 Expansions      
 18.5 Other Key Strategies      
        
19 Company Profiling       
 19.1 AKVA Group      
 19.2 Aquaculture Equipment Ltd      
 19.3 Aquaculture of Texas, Inc      
 19.4 Aquaculture System Technologies, LLC.      
 19.5 Asakua       
 19.6 CPI Equipment Inc.      
 19.7 Frea Aquaculture Solutions      
 19.8 Lifegard Aquatics      
 19.9 Luxsol      
 19.10 Pentair PLC      
 19.11 Pioneer Group      
 19.12 Reef Industries, Inc.      
 19.13 Tan International Ltd      
 19.14 Xylem Inc.      


List of Tables        
1 Global Aquaculture Market Outlook, By Region (2019-2028) (US $MN)        
2 Global Aquaculture Market Outlook, By Type (2019-2028) (US $MN)        
3 Global Aquaculture Market Outlook, By Canned (2019-2028) (US $MN)        
4 Global Aquaculture Market Outlook, By Frozen (2019-2028) (US $MN)        
5 Global Aquaculture Market Outlook, By Processed (2019-2028) (US $MN)        
6 Global Aquaculture Market Outlook, By Raw (2019-2028) (US $MN)         
7 Global Aquaculture Market Outlook, By Production Type (2019-2028) (US $MN)        
8 Global Aquaculture Market Outlook, By Small Scale (2019-2028) (US $MN)        
9 Global Aquaculture Market Outlook, By Medium & Large Scale (2019-2028) (US $MN)        
10 Global Aquaculture Market Outlook, By Consumption (2019-2028) (US $MN)        
11 Global Aquaculture Market Outlook, By Food Use (2019-2028) (US $MN)        
12 Global Aquaculture Market Outlook, By Non Food Use (2019-2028) (US $MN)        
13 Global Aquaculture Market Outlook, By Nature (2019-2028) (US $MN)        
14 Global Aquaculture Market Outlook, By Land Based (2019-2028) (US $MN)        
15 Global Aquaculture Market Outlook, By Offshore (2019-2028) (US $MN)        
16 Global Aquaculture Market Outlook, By Form (2019-2028) (US $MN)        
17 Global Aquaculture Market Outlook, By Extruded (2019-2028) (US $MN)        
18 Global Aquaculture Market Outlook, By Liquid (2019-2028) (US $MN)        
19 Global Aquaculture Market Outlook, By Pellets (2019-2028) (US $MN)        
20 Global Aquaculture Market Outlook, By Powdered (2019-2028) (US $MN)        
21 Global Aquaculture Market Outlook, By Ingredient (2019-2028) (US $MN)        
22 Global Aquaculture Market Outlook, By Additives (2019-2028) (US $MN)        
23 Global Aquaculture Market Outlook, By Corn (2019-2028) (US $MN)        
24 Global Aquaculture Market Outlook, By Fish Meal (2019-2028) (US $MN)        
25 Global Aquaculture Market Outlook, By Fish Oil (2019-2028) (US $MN)        
26 Global Aquaculture Market Outlook, By Soybean (2019-2028) (US $MN)        
27 Global Aquaculture Market Outlook, By Additive (2019-2028) (US $MN)        
28 Global Aquaculture Market Outlook, By Antioxidants (2019-2028) (US $MN)        
29 Global Aquaculture Market Outlook, By Feed Enzymes (2019-2028) (US $MN)        
30 Global Aquaculture Market Outlook, By Vitamins & Minerals (2019-2028) (US $MN)        
31 Global Aquaculture Market Outlook, By Culture (2019-2028) (US $MN)        
32 Global Aquaculture Market Outlook, By Freshwater (2019-2028) (US $MN)        
33 Global Aquaculture Market Outlook, By Marine (2019-2028) (US $MN)        
34 Global Aquaculture Market Outlook, By Brackish Water (2019-2028) (US $MN)        
35 Global Aquaculture Market Outlook, By Other Cultures (2019-2028) (US $MN)        
36 Global Aquaculture Market Outlook, By Net Pen Culture (2019-2028) (US $MN)        
37 Global Aquaculture Market Outlook, By Floating-Cage Culture (2019-2028) (US $MN)        
38 Global Aquaculture Market Outlook, By Pond Culture (2019-2028) (US $MN)        
39 Global Aquaculture Market Outlook, By Rice Field Culture  (2019-2028) (US $MN)        
40 Global Aquaculture Market Outlook, By Species (2019-2028) (US $MN)        
41 Global Aquaculture Market Outlook, By Aquatic Animals (2019-2028) (US $MN)        
42 Global Aquaculture Market Outlook, By Fish (2019-2028) (US $MN)        
43 Global Aquaculture Market Outlook, By Mollusks (2019-2028) (US $MN)        
44 Global Aquaculture Market Outlook, By Crustaceans (2019-2028) (US $MN)        
45 Global Aquaculture Market Outlook, By Seaweed (2019-2028) (US $MN)        
46 Global Aquaculture Market Outlook, By Other Aquatic Animals (2019-2028) (US $MN)        
47 Global Aquaculture Market Outlook, By Aquatic Plants (2019-2028) (US $MN)        
48 Global Aquaculture Market Outlook, By Seaweeds (2019-2028) (US $MN)        
49 Global Aquaculture Market Outlook, By Microalgae (2019-2028) (US $MN)        
50 Global Aquaculture Market Outlook, By Product (2019-2028) (US $MN)        
51 Global Aquaculture Market Outlook, By Equipment (2019-2028) (US $MN)        
52 Global Aquaculture Market Outlook, By Containment Equipment (2019-2028) (US $MN)        
53 Global Aquaculture Market Outlook, By Water Pumps and Filters (2019-2028) (US $MN)        
54 Global Aquaculture Market Outlook, By Water Circulating and Aerating Equipment (2019-2028) (US $MN)        
55 Global Aquaculture Market Outlook, By Cleaning Equipment (2019-2028) (US $MN)         
56 Global Aquaculture Market Outlook, By Feeders (2019-2028) (US $MN)        
57 Global Aquaculture Market Outlook, By Chemicals (2019-2028) (US $MN)        
58 Global Aquaculture Market Outlook, By Fertilizers (2019-2028) (US $MN)        
59 Global Aquaculture Market Outlook, By Pharmaceuticals (2019-2028) (US $MN)        
60 Global Aquaculture Market Outlook, By Application (2019-2028) (US $MN)        
61 Global Aquaculture Market Outlook, By Sale (2019-2028) (US $MN)        
62 Global Aquaculture Market Outlook, By Processing (2019-2028) (US $MN)        
63 Global Aquaculture Market Outlook, By End User (2019-2028) (US $MN)        
64 Global Aquaculture Market Outlook, By Business to Business (B2B) (2019-2028) (US $MN)        
65 Global Aquaculture Market Outlook, By Food Industry (2019-2028) (US $MN)        
66 Global Aquaculture Market Outlook, By Food Service Provider (2019-2028) (US $MN)        
67 Global Aquaculture Market Outlook, By Cosmetics (2019-2028) (US $MN)        
68 Global Aquaculture Market Outlook, By Animal Feed (2019-2028) (US $MN)        
69 Global Aquaculture Market Outlook, By Business to Customer (B2C) (2019-2028) (US $MN)        
70 Global Aquaculture Market Outlook, By Store Based Retailing (2019-2028) (US $MN)        
71 Global Aquaculture Market Outlook, By Hypermarket/Supermarket (2019-2028) (US $MN)        
72 Global Aquaculture Market Outlook, By Convenience Stores (2019-2028) (US $MN)        
73 Global Aquaculture Market Outlook, By Specialty Stores (2019-2028) (US $MN)        
74 Global Aquaculture Market Outlook, By Traditional Grocery Stores (2019-2028) (US $MN)        
75 Global Aquaculture Market Outlook, By Online Retailer (2019-2028) (US $MN)        
        
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.        

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