Product Code: r3844
“Aquaculture Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aquaculture market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for aquaculture? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aquaculture market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
* The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
* The impact of higher inflation in many countries and the resulting spike in interest rates.
* The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Fish Type: Carps; Mollusks; Crustaceans; Mackerel; Sea Bream; Other Fish Types
2) By Environment: Marine Water; Fresh Water; Brackish Water
3) By Rearing Product Type: Equipment; Chemicals; Pharmaceuticals; Fertilizers
4) By Species: Aquatic Animals; Aquatic Plants
5) By Distribution Channel: Traditional Retail; Supermarkets and Hypermarkets; Specialized Retailers; Online Stores; Other Distribution Channels
Companies Mentioned: Aquaculture Equipment Ltd; Luxsol; FREA Solutions; Mowi ASA; SalMar ASA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the aquaculture market are: Aquaculture Equipment Ltd., Luxsol, FREA Solutions, Mowi ASA, SalMar ASA, Norway Royal Salmon ASA, Multiexport Foods SA, Bakkafrost, Tongwei Group, Surapon Foods Public Company Limited, Grupo Farallon Aquaculture, Leroy Seafood, Nireus Aquaculture S.A, and Selonda Aquaculture S.A.
The global aquaculture market grew from $37.66 billion in 2022 to $41.45 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aquaculture market is expected to grow to $56.86 billion in 2027 at a CAGR of 8.2%.
The aquaculture market includes revenues earned by entities by mariculture, fish farming, algaculture, integrated multi-trophic aquaculture (IMTA), inland pond culture, recirculating systems, open-net pen and cage systems, and flow-through or raceway systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Aquaculture refers to the raising of aquatic animals in regulated aquatic habitats for any kind of profit-making, leisure-seeking, or public use. It is the managed practise of cultivating aquatic creatures to increase output. The marine species that are frequently bred in these regions of the oceans include molluscs, shellfish, prawns, and seaweed.
Asia-Pacific was the largest region in the aquaculture market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main fish types in aquaculture are carps, mollusks, crustaceans, mackerel, sea bream, and others. The carp aquaculture belong to the oily freshwater fish. Carps are considered to be an important aquaculture species in European and Asian countries. These are used for commercial purposes as they have a fast growth rate and high tolerance. The various environments include marine water, fresh water, and brackish water that use various reusing products such as equipment, chemicals, pharmaceuticals, and fertilizers. The species included are aquatic animals and aquatic plants, and are distributed through several channels such as traditional retail, supermarkets and hypermarkets, specialized retailers, online stores, and others.
The rising demand for seafood is expected to propel the growth of the aquaculture market going forward. Seafood refers to edible aquatic animals, including both freshwater and ocean creatures, such as lobsters, mussels, crabs, and sometimes other sea creatures. The rise in demand for seafood helps to increase the prominence of aquaculture in total fish supply. For instance, according to the Organization for Economic Cooperation and Development (OECD), a France-based intergovernmental economic organization, 90% of the fish produced will be consumed by humans, with consumption anticipated to increase by 16.3% by 2029. Therefore, the rising demand for seafood will drive the growth of the aquaculture market.
Technological advancements are a key trend gaining popularity in the aquaculture market. Major companies operating in the aquaculture market are focused on developing new technological solutions to strengthen their position. For instance, in February 2020, Siemens AG, a Germany based industrial manufacturing company, launched the Aquaculture 4.0 closed containment system based on Aquaculture 4.0 technology. This technology combines the Smart Recirculating Aquaculture System from Siemens with cutting-edge technologies for sustainable tropical fish farming and artificial intelligence-enhanced operations using the open IoT operating system MindSphere in the cloud to guarantee consistent fish production with a higher yield.
In November 2021, JBS S.A., a Brazil-based meat processing company, acquired Huon Aquaculture for an amount of $425 million. This acquisition would help JBS S.A. enter into the aquaculture business. Huon Aquaculture is an Australia-based aquaculture and food processing enterprise.
The countries covered in the aquaculture market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The aquaculture market research report is one of a series of new reports from The Business Research Company that provides aquaculture market statistics, including aquaculture industry global market size, regional shares, competitors with an aquaculture market share, detailed aquaculture market segments, market trends and opportunities, and any further data you may need to thrive in the aquaculture industry. This aquaculture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Aquaculture Market Characteristics
3. Aquaculture Market Trends And Strategies
4. Aquaculture Market - Macro Economic Scenario
- 4.1 COVID-19 Impact On Aquaculture Market
- 4.2 Ukraine-Russia War Impact On Aquaculture Market
- 4.3 Impact Of High Inflation On Aquaculture Market
5. Aquaculture Market Size And Growth
- 5.1. Global Aquaculture Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Aquaculture Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Aquaculture Market Segmentation
- 6.1. Global Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Carps
- Mollusks
- Crustaceans
- Mackerel
- Sea Bream
- Other Fish Types
- 6.2. Global Aquaculture Market, Segmentation By Rearing Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Equipment
- Chemicals
- Pharmaceuticals
- Fertilizers
- 6.3. Global Aquaculture Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Marine Water
- Fresh Water
- Brackish Water
- 6.4. Global Aquaculture Market, Segmentation By Species, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Aquatic Animals
- Aquatic Plants
- 6.5. Global Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Traditional Retail
- Supermarkets And Hypermarkets
- Specialized Retailers
- Online Stores
- Other Distribution Channels
7. Aquaculture Market Regional And Country Analysis
- 7.1. Global Aquaculture Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Aquaculture Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Aquaculture Market
- 8.1. Asia-Pacific Aquaculture Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Aquaculture Market
- 9.1. China Aquaculture Market Overview
- 9.2. China Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Aquaculture Market
- 10.1. India Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Aquaculture Market
- 11.1. Japan Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Aquaculture Market
- 12.1. Australia Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Aquaculture Market
- 13.1. Indonesia Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Aquaculture Market
- 14.1. South Korea Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Aquaculture Market
- 15.1. Western Europe Aquaculture Market Overview
- 15.2. Western Europe Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Aquaculture Market
- 16.1. UK Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Aquaculture Market
- 17.1. Germany Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Aquaculture Market
- 18.1. France Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Aquaculture Market
- 19.1. Eastern Europe Aquaculture Market Overview
- 19.2. Eastern Europe Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Aquaculture Market
- 20.1. Russia Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Aquaculture Market
- 21.1. North America Aquaculture Market Overview
- 21.2. North America Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Aquaculture Market
- 22.1. USA Aquaculture Market Overview
- 22.2. USA Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Aquaculture Market
- 23.1. South America Aquaculture Market Overview
- 23.2. South America Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Aquaculture Market
- 24.1. Brazil Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Aquaculture Market
- 25.1. Middle East Aquaculture Market Overview
- 25.2. Middle East Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Aquaculture Market
- 26.1. Africa Aquaculture Market Overview
- 26.2. Africa Aquaculture Market, Segmentation By Fish Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Aquaculture Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Aquaculture Market Competitive Landscape And Company Profiles
- 27.1. Aquaculture Market Competitive Landscape
- 27.2. Aquaculture Market Company Profiles
- 27.2.1. Aquaculture Equipment Ltd
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Luxsol
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. FREA Solutions
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Mowi ASA
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. SalMar ASA
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Aquaculture Market
29. Aquaculture Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer