
Rising fish production to meet food supply due to increasing population worldwide is driving the demand for aquaculture market. Furthermore, increasing protein demand from livestock and fisheries among consumers across the globe is also projected to influence the aquaculture market significantly. Moreover, evolution in inland fishing and use of more sustainable technology in aquaculture is anticipated to have a robust impact in the aquaculture market in the coming period. Growing government strategic initiatives in the fish farming sector are expected to generate untapped opportunity for the market participants.
Get Sample PDF Copy
Top Most Companies
Bakkafrost, Cermaq Group AS,, Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Leroy Seafood Group ASA – LSG, Mowi ASA,, SELONDA Aquaculture SA, Stolt-Nielsen Limited, Tassal, Thai Union Group
Aquaculture is commonly known as aqua farming. Aquaculture is the farming of aquatic organisms in both coastal and inland areas under managed and partially controlled conditions. It includes farming of fish, aquatic plants, mollusks, crustaceans, algae, and other organisms. There are two types of aquaculture marine and freshwater. Aquaculture is the world’s fastest increasing food production sector and is essential to sustain food demand for an expanding population.
Market Analysis
The global aquaculture market is segmented on the basis of type and culture environment. Based on type, the market is segmented into aquatic plants, fish, crustaceans, molluscs and others. On the basis of the culture environment the market is segmented into fresh water, brackish water and marine.