The Aquaculture Market is projected to grow from USD 30.1 billion in 2018 to USD 42.6 billion by 2027, recording a CAGR of 7% during the forecast period 2021-2027.
Aquaculture is a term used to define aquaculture activities. This agricultural procedure involves interventions in the breeding process to improve production, such as regular stocking, feeding, and protection from predators. Aquaculture currently includes 580 species aquacultured worldwide and is rich in genetic diversity within and between species. Aquaculture is practiced by some farmers in developing countries and by multinational corporations that may take ownership of the resources being cultivated. Eating fish is part of the cultural tradition of many people and has excellent nutritional properties in terms of health benefits. It is a good source of protein, fatty acids, vitamins, minerals and essential micronutrients.
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Market Segments
Breakup by Fish Type:
- Freshwater Fish
- Molluscs
- Crustaceans
- Others
Breakup by Environment:
- Fresh Water
- Marine Water
- BrackishWater
Breakup by Distribution Channel:
- Traditional Retail
- Supermarkets and Hypermarkets
- Specialized Retailers
- Online Stores
- Others
Key Players
Key vendors in the global aquaculture market include Pentair plc. (US), AKVA Group (Norway), Xylem Inc. (US), Aquaculture Equipment Ltd. (UK), Aquaculture System Technologies, LLC, (US), Luxsol (Belgium), Pioneer Group (Taiwan), CPI Equipment Inc. (Canada), Asakua (Turkey), FREA Aquaculture Solutions (Denmark), Lifegard Aquatics (US), Tan International Ltd (UK), Reef Industries, Inc. (US), Aquafarm Equipment AS (Norway), and Aquaculture of Texas, Inc. (US).
Scope of the Report
The research study analyzes the global Aquaculture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Aquaculture Market is available at: https://www.orionmarketreports.com/aquaculture-market/62693/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Aquaculture Market Report
1. What was the Aquaculture Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Aquaculture Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Aquaculture Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Aquaculture market.
- The market share of the global Aquaculture market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Aquaculture market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Aquaculture market.
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