Aquaculture Market Size 2021 Global Comprehensive Growth, Statistics, Business Strategy, Industry Share, Supply-Demand, Growing Trends & Forecast 2021 - 2028

                                                                              

                 Aquaculture Market

Aquaculture, often known as fish farming, is the practise of breeding, rearing, harvesting, and cultivating fish, shellfish, algae, and other aquatic creatures in a controlled environment. Coastal ocean waters, freshwater ponds, rivers, and on-land tanks are commonly used. This helps with food production, habitat restoration, endangered and threatened species populations, and aquarium construction. It also reduces waste by creating fish and shellfish feed, ensuring a healthy and natural breeding environment for the aquatic population, and maximising the use of agricultural and natural resources. Aquaculture also includes ornamental fish production to serve commercial and leisure marine fisheries.

One of the primary drivers driving the Aquaculture Market's growth is the rising demand for seafood, as well as the increased cultivation of aquatic animals. Furthermore, rising demand for fish oil across a variety of industries, including food and beverage, pharmaceuticals, and nutraceuticals, is propelling the market forward. Fish breeders are increasingly aware of the advantages of using efficient aquaculture procedures to sustain overall biological productivity and control water quality. They'll also use cutting-edge technology to monitor the water, evaluate fish behaviour, and manage facility logistics. Extensive research and development (R&D) activities, such as genetic advancements in finfish species, fish reproductive control, chromosomal manipulation, and parasite disease monitoring in aquatic animals in off-shore and open oceans, are also predicted to fuel the market.


Market Segmentation:

By Fish Type

• Carps

• Mollusks

• Crustaceans

• Salmon

• Milkfish

• Trout

• Mackerels

• Sea bream

• Sea bass

• Others

By Environment

• Fresh Water

• Marine Water

• Brackish Water

Consumers' increasing discretionary money is pushing them to spend on foods with high nutritional value, such as fish. Furthermore, the growing health and wellness trend, combined with changing consumer lifestyles, is expected to boost aquaculture market growth. In addition, an increasing number of shrimp farming sites across China is expected to boost market growth once more. All of these reasons are expected to boost aquaculture's market growth.


The major players operating in the global aquaculture market include, Blue Ridge Aquaculture, Cermaq ASA, Cooke Aquaculture Inc., Eastern Fish Co., Huon Aquaculture Group Pty Ltd., International Fish Farming Co. – Asmak, Marine Harvest ASA, Nireus Aquaculture S.A., Promarisco, and Selonda Aqauculture S.A.