Aquaculture Market Size, Share, Trends, Demand, Growth And Analysis 2022-27
According to the latest report by IMARC Group, The global aquaculture market reached a volume of 72.4 Million Tons in 2021
SHERIDAN, WYOMING, UNITED STATES, June 10, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled, “Aquaculture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global aquaculture market size reached a volume of 72.4 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 95.6 Million Tons by 2027, exhibiting at a CAGR of 4.8% during 2022-2027.
Aquaculture or aqua-farming refers to the cultivation of fishes, mollusks, crustaceans and other aquatic species in a controlled environment. It involves rearing, breeding, and harvesting of aquatic organisms in diverse types of water environments, including freshwater, marine water, and brackish water. The expanding aquaculture sector is primarily driven by the growing consumption of fishes, shrimps, lobsters, crabs, mollusks, etc., across the globe. These aquatic food products experience a high demand based on numerous associated health benefits, such as the reduced risk of cardiovascular diseases, enhanced metabolism, improved digestion, proper bone development, etc.
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Market Trends
Numerous aquaculture practices are adopted for gaining control over the quality of water and maintaining familiarity to improve the overall production capacity of aquatic food products. In recent times, there is a changing consumer inclination from high-calorie food items towards a protein-rich diet that includes a wide range of aquatic food products. In line with this, the rising consumer awareness towards the high content of magnesium, phosphorous, omega-3 fatty acids, protein, low-saturated fat, vitamin B6, etc., present in various seafood products is also propelling the market growth. Furthermore, the growing demand for processed, canned, and frozen seafood items based on the hectic work schedules and sedentary lifestyles of the consumers is also augmenting the demand for aquaculture practices.
Breakup by Fish Type:
Freshwater Fish
Molluscs
Crustaceans
Others
Breakup by Environment:
Fresh Water
Marine Water
Brackish Water
Breakup by Distribution Channel:
Traditional Retail
Supermarkets and Hypermarkets
Specialized Retailers
Online Stores
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Aquaculture of Texas Inc.
Aquaculture Systems Technologies LLC
Aquafarm Equipment AS
Cermaq ASA
Cooke Aquaculture Inc.
CPI Equipment Inc.
Frea Aquaculture Solutions
Grupo Farallon Aquaculture
Huon Aquaculture Group Pty Ltd.
International Fish Farming Co. – Asmak
Leroy Sea Food Group
Nireus Aquaculture S.A
Selonda Aquaculture S.A. (Andromeda Seafood Limited)
Stehr Group Pty Ltd.
Stolt-Nielsen Limited (Fiducia Ltd.)
Tassal Group Limited
Thai Union Group Plc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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