Aquaculture
refers to the cultivation of brackish, marine, or fresh water species
such as shrimp, fish, and oysters under controlled climatic
conditions. Compared to captured fish, the share of aquaculture in
the global fisheries industry is considerably small and as a result,
efforts are on to increase aquaculture activities around the world.
The
global
aquaculture market has been carefully studied in the report,
using the latest research tools and methodologies. The structure,
scope, and dynamics of the overall market have been discussed at
length, also highlighting the various drivers and restraints
impacting the growth of the aquaculture market.
The
report segments the aquaculture market based on product, culture
environment, and region. By culture environment, the market is
segregated into marine water, freshwater, and brackish water. On the
basis of product, the aquaculture market is classified into mollusks,
salmon, trout, sea bream, carps, crustaceans, milkfish, mackerel, sea
bass, and others such as turbot and catfish. By region, the global
aquaculture market comprises Europe, North America, China, Asia
Pacific excluding China, and Rest of the World.
Overview
of the Aquaculture Market
In
2012, the global aquaculture market was reportedly valued at US$135.1
bn. Expanding at a modest CAGR of 5.10% from 2013 to 2019, the
aquaculture market is anticipated to reach a value of US$195.1 bn by
the end of 2019. This growth can be attributed to the rapidly
declining volume of captured fish in the global reserves that has
been driving aquaculture activities around the world.
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The
growing awareness regarding the health benefits of fish and the surge
in fish consumption are also fueling the aquaculture market. While
rice and fish farming presents several lucrative options for players
within the aquaculture market, adverse climatic conditions have
played spoilsport in the growth of the global market.
Carps
formed the largest product segment in 2012 due to their greater
compatibility with rough climatic conditions. Freshwater aquaculture
accounted for a share of more than 60% in the aquaculture market in
2012, emerging as the largest culture environment segment. China was
the clear leader among other geographical segments with a share of
more than 60% in 2012. The aquaculture market in this segment is
mainly driven by the easy availability of natural reserves and
resources and cheap labor.
Companies
Mentioned in the Report
Selonda
Aqauculture S.A., Eastern Fish Co., Thai Union Frozen Products Public
Company Ltd., Tassal Group Ltd., Cermaq ASA, Nireus Aquaculture SA,
Promarisco, Stolt Sea Farm, International Fish Farming Co. - Asmak,
Marine Harvest ASA, Stehr Group Pty Ltd., Blue Ridge Aquaculture,
Huon Aquaculture Group Pty Ltd., and Cooke Aquaculture Inc. are some
of the leading players actively participating in the global
aquaculture market. These players are profiled in the report based on
company overview, product portfolio, financial performance, business
strategies, recent developments, and a SWOT analysis.
Aquaculture
Market, by Culture Environment
- Freshwater
- Marine water
- Brackish water
Aquaculture
Market, by Product
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerel
- Sea Bream
- Sea Bass
- Others (Catfish and turbot)
Aquaculture
Market, by Geography
- North America
- Europe
- Asia Pacific (excluding China)
- China
- Rest of the World (RoW)
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key
highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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