Aquaculture
can be conducted in fresh, brackish, or marine water, based on the
intended produce. Of these, freshwater aquaculture is the leading
revenue generator for the global aquaculture market and is likely to
remain the dominant segment in the coming years. While fish captured
from natural waters have constituted the majority of the global fish
market, this has led to severe depletion of the fish population in
many parts of the world. This has led to freshwater aquaculture,
which is usually carried out in artificially prepared tanks and
ponds, taking on an important role in the global aquaculture market.
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.
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.
Fill
the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=773
While
the current share of aquaculture in the global fisheries industry is
less as compared to capture fisheries, the gap is projected to be
overcome at a rapid pace and the market for aquaculture is expected
to surpass the market for capture fisheries and become the prime
source of consumption by 2015.The report segments the global
aquaculture market based on three criteria: product type, culture
environment, and geography. On the basis of product type, the market
is segmented into carps, mollusks, crustaceans, milkfish, salmon, sea
bass, sea bream, mackerel, trout, and others. The types of culture
environments studied in the report include brackish water, marine
water, and fresh water. On the basis of geography, the market is
segmented into North America, Asia Pacific (excluding China), China,
Rest of the World (RoW), and Europe.
Of
the types of culture environments studied in the report, the market
for freshwater aquaculture held over 60% of the overall market in
2012. Of the key product types studied in the report, the market for
carps led the overall market owing to their higher compatibility to
tough environmental conditions as compared to other fishes. The
market segments of clams, mollusks, and mussels are expected to
expand at the fastest pace over the report’s forecast
period.Geographically, China exhibited a clear dominance on the
global aquaculture market in 2012, accounting for over 60% of the
market. Apart from being the largest market segment, the report
projects that China will also be the fastest developing market
segment over the report’s forecast period owing to factors such as
easy availability of cheap labor and natural reserves and resources.
Companies
Mentioned in the Report
With
the help of detailed business profiles of the some of the leading
vendors in the market and an analysis of recent developments observed
in the global aquaculture market, the report presents a detailed
overview of the competitive landscape of the market. Some of the
companies whose business profiles are included in the report are
Asmak, Blue Ridge Aquaculture, Cooke Aquaculture Inc., Cermaq ASA,
Eastern Fish Co., Marine Harvest ASA, Huon Aquaculture Group Pty
Ltd., Promarisco, Nireus Aquaculture S.A., Stolt Sea Farm, Selonda
Aqauculture S.A., Stehr Group Pty Ltd., Thai Union Frozen Products
Public Company Ltd., and Tassal Group Ltd.
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)
