Aquaculture Market Outlook, Opportunities, Challenges, Trends, Size and Growth, Competitive Analysis, Major Competitors and Porter Analysis

Aquaculture involves cultivation of brackish water, marine water, and freshwater organisms such as carps, crustaceans, mollusks and salmon, under organized climatic conditions. It involves the farming of fish and other aquatic species.


The global aquaculture market is segmented on the basis of culture environment, and product.. On the basis of culture environment, the global aquaculture market can be segmented into freshwater, marine water, and brackish water. The market by product segment can be categorized into salmon, milkfish, trout, carps, mollusks, crustaceans, mackerel, sea bass, sea bream, and others (turbot and catfish). Carps are the most cultivated fishes and estimated to drive major demand, because of their extensive use in fish farming and high compatibility with non-ideal environmental conditions.

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 There are many benefits associated with the consumption of fish, which are expected to drive the global aquaculture market in the future. Some of these benefits include reduction in heart attacks and strokes, depression, and promotion of healthy nervous system within unborn infants.

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 Some of the small operators are exiting from the aquaculture industry, due to decline in their profit margins and non-competence. The national and international demand for higher and safe quality aquatic products is up surging, which necessitates the need to develop the product safety and quality.

 South America is expected to develop and expand its presence in the aquaculture industry, as Chile has recovered from the outbreak of salmon anemia infection. The major competitors of the global aquaculture market include Blue Ridge Aquaculture Inc., Cermaq Group AS, Marine Harvest ASA, Huon Aquaculture, Cooke Aquaculture, Eastern Fish Company, and Tassal Group Ltd., among others.

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