Aquaculture Market to Receive Overwhelming Hike in Revenues by 2030

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Aquaculture Market

• - Global Industry Analysis, Size, Share, Growth
  Trends  2019 - 2027

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About Us

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Intersection of Electronic Automotive
Industries to Fuel Growth of High Purity Alumina
Market

• Transparency Market Research (TMR) delivers key
  insights on the global aquaculture market in its
  upcoming outlook titled, Aquaculture Market
  Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast 2019-2027.
• In terms of value, the global aquaculture
  market is projected to register a healthy CAGR of
  2.3 during the forecast period due to various
  factors, regarding which TMR offers vital
  insights in detail.
• The farming and harvesting of aquatic species in
  aquaculture influence the growth and quality of
  the overall species.
• Aquaculture promotes the fast growth and hygiene
  of plants and animals no matter if they are
  fishes, molluscs, Crustaceans, Seaweeds, Algae,
  and other micro-organisms which indirectly helps
  in meeting the rising consumer demand for various
  types of food and extracted food products.
• Hence, this one critical factor helps in driving
  the demand for aquaculture market.

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The Future of Fish Farming is Indoor

• Advances in water circulation and filtration have
  meant that indoor fish farms will grow at an
  unprecedented rate, both in terms of production
  and size.
• TMR estimates global sales of aquaculture-produced
  fish to exceed US 480 Mn in 2019, accounting
  for a sizeable 60 market share.
• Fish farming has traditionally been touted as
  efficient solution for the production of animal
  protein, and indoor aquaculture plays a vital
  role in meeting the requirement of swelling
  global population. 

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Aquaculture Producers in Asia Focusing on
Maximizing Investment Growth while Minimizing
Ecological Impact

• Asia-Pacific continues to remain an attractive
  market for aquaculture, with over US 650 Mn
  opportunity estimated in 2019 by TMR.
• Aquaculture producers in the region are
  increasingly leveraging the popular trend of
  recirculating aquaculture systems (RAC), which
  acts as an effective enabler of reducing
  pollution as well as consumption of water, while
  mitigating risks of ailments entailed by water
  pumped from rivers in proximity.

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Leading Players in Aquaculture Market

• MOWI ASA
• Nippon Suisan Kaisha Ltd
• Austevoll Seafood ASA
• SalMar ASA, Cooke Aquaculture, Inc.
• Norway Royal Salmon ASA
• Tassal Group Ltd

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