Aquaculture Market , by Environment (Brackish Water, Marine Water, Fresh Water), Fish type (Crustaceans, Carps, Mackerel, Mollusks, Milkfish, Salmon, Sea Bream, Sea Bass, Trout, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027
- RES4072044
- 241 Pages
- August 2020
- Food and Beverages
COVID-19 impact on Global Aquaculture Market:
Pre COVID-19 emergency, the global aquaculture market was expected to reach $373,560.7 million till 2027, at a CAGR of 4.0%. Due to the emergency of coronavirus, the global market witnesses a negative effect and is projected to account for $310,291.7 million in 2027, rising at a CAGR of 3.9%. During this pandemic, drastic fall in production and consumption of aquatic products due to delayed supplying of aquaculture systems is expected to lower the supplies and consumption of aqua food products. This factor has a significant impact on the global aquaculture market. However, some of the government bodies are supporting aqua farming companies to sustain in the crisis. For instance, UK government launched new fund scheme to support seafood industry in England. As per this scheme, the government released about $1.2 million to improve the supply of seafood products in England. This factor will impel the market growth in the emergency time.
Market Dynamics:
Aquaculture is the farming of mollusks, crustaceans, fishes and algae as well as other aquatic plants in controlled environments. It deals with restoration, harvesting and rearing of several aquatic organisms in various water environments includes sea/ocean, ponds, lakes and man-made aqua farms. Aquaculture plays key role in global food manufacturing. Growing consumption of aqua products and their byproducts coupled with swift growth in the aquaculture business globally are the significant drivers for the market growth in the estimated timeframe. Moreover, rise in protein demand from fish products along with increasing trend for restoration of threatened aquatic animals are expected to generate huge prospects for market growth in the coming decades. However, increasing water contamination and growing water temperatures are major factors hampering the market growth.
The global aquaculture market is categorized into environment, fish type and region.
Aquaculture Market, Based on Environment:
Based on environment, the global market has been segmented into brackish water, fresh water and marine water. The fresh water segment was the significant contributor to the global market, with $177,798.9 million in 2019, and is expected to grow at a notable rate of 4.1% CAGR during the forecast period. The marine water sub-segment generated $53,254.0 million in 2019, occupied second position and is expected to rise at a CAGR of 3.3% in the analysis time.
Aquaculture Market, Based on Fish Type:
Based on fish type, the market is classified into carps, crustaceans, trout, milkfish, mackerel, mollusks, sea bream, salmon, sea bass and others. The carps segment was the highest contributor to the global market, with $67.683.8 million in the end of 2019 and is estimated to account for $78,681.4 million by 2027, at a CAGR of 4.3%. Also, mollusks segment accounted for around 17.8% of the market share in 2019 and is expected to generate $57,136.2 million revenue till 2027.
Aquaculture Market, Regional Insights:
Geographically, the global aquaculture market was investigated across regions such as North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific was the highest revenue contributor in the previous years, accounting to $177,520.0 million, and is estimated to reach $203,582.4 million by the end of 2027, with a CAGR of 4.1%. North America aquaculture market size is expected to reach $8,812.3 million by 2027, at a significant CAGR of 4.4%.
Key Participants in the Global Aquaculture Market:
The key manufacturers in the global aquaculture market include Mowi, Leroy, Cargill, Incorporated, SELONDA SA, P/F Bakkafrost, Stolt-Nielsen, Thai Union Group PCL, NISSUIMaruha Nichiro Corporation and TASSAL GROUP. The key participants are continuously stressing on product developments and collaborations & partnerships to raise their share in the global marke
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.4.1. Assumptions
1.4.2. Forecast parameters
1.5. Data sources
1.5.1. Primary
1.5.2. Secondary
2. Executive Summary
2.1. 360° summary
2.2. Environment trends
2.3. Fish type trends
3. Market Overview
3.1. Market segmentation & definitions
3.2. Key takeaways
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Pricing overview
3.8.1. By Environment
3.8.2. By Fish type
3.8.3. By region
3.9. Market value chain analysis
3.9.1. Stress point analysis
3.9.2. Raw material analysis
3.9.3. Manufacturing process
3.9.4. Distribution channel analysis
3.9.5. Operating vendors
3.9.5.1. Raw material suppliers
3.9.5.2. Product manufacturers
3.9.5.3. Product distributors
3.10. Strategic overview
4. Aquaculture Market, by Environment
4.1. Fresh water
4.1.1. Market size and forecast, by region, 2019-2027
4.1.2. Comparative market share analysis, 2019 & 2027
4.2. Marine water
4.2.1. Market size and forecast, by region, 2019-2027
4.2.2. Comparative market share analysis, 2019 & 2027
4.3. Brackish water
4.3.1. Market size and forecast, by region, 2019-2027
4.3.2. Comparative market share analysis, 2019 & 2027
5. Aquaculture Market, by Fish type
5.1. Carps
5.1.1. Market size and forecast, by region, 2019-2027
5.1.2. Comparative market share analysis, 2019 & 2027
5.2. Crustaceans
5.2.1. Market size and forecast, by region, 2019-2027
5.2.2. Comparative market share analysis, 2019 & 2027
5.3. Mackerel
5.3.1. Market size and forecast, by region, 2019-2027
5.3.2. Comparative market share analysis, 2019 & 2027
5.4. Milkfish
5.4.1. Market size and forecast, by region, 2019-2027
5.4.2. Comparative market share analysis, 2019 & 2027
5.5. Mollusks
5.5.1. Market size and forecast, by region, 2019-2027
5.5.2. Comparative market share analysis, 2019 & 2027
5.6. Salmon
5.6.1. Market size and forecast, by region, 2019-2027
5.6.2. Comparative market share analysis, 2019 & 2027
5.7. Sea brass
5.7.1. Market size and forecast, by region, 2019-2027
5.7.2. Comparative market share analysis, 2019 & 2027
5.8. Sea bream
5.8.1. Market size and forecast, by region, 2019-2027
5.8.2. Comparative market share analysis, 2019 & 2027
5.9. Trout
5.9.1. Market size and forecast, by region, 2019-2027
5.9.2. Comparative market share analysis, 2019 & 2027
5.10. Others
5.10.1. Market size and forecast, by region, 2019-2027
5.10.2. Comparative market share analysis, 2019 & 2027
6. Aquaculture Market, by Region
6.1. North America
6.1.1. Market size and forecast, by environment, 2019-2027
6.1.2. Market size and forecast, by fish type, 2019-2027
6.1.3. Market size and forecast, by country, 2019-2027
6.1.4. Comparative market share analysis, 2019 & 2027
6.1.5. U.S.
6.1.5.1. Market size and forecast, by environment, 2019-2027
6.1.5.2. Market size and forecast, by fish type, 2019-2027
6.1.5.3. Comparative market share analysis, 2019 & 2027
6.1.6. Canada
6.1.6.1. Market size and forecast, by environment, 2019-2027
6.1.6.2. Market size and forecast, by fish type, 2019-2027
6.1.6.3. Comparative market share analysis, 2019 & 2027
6.1.7. Mexico
6.1.7.1. Market size and forecast, by environment, 2019-2027
6.1.7.2. Market size and forecast, by fish type, 2019-2027
6.1.7.3. Comparative market share analysis, 2019 & 2027
6.2. Europe
6.2.1. Market size and forecast, by environment, 2019-2027
6.2.2. Market size and forecast, by fish type, 2019-2027
6.2.3. Market size and forecast, by country, 2019-2027
6.2.4. Comparative market share analysis, 2019 & 2027
6.2.5. Germany
6.2.5.1. Market size and forecast, by environment, 2019-2027
6.2.5.2. Market size and forecast, by fish type, 2019-2027
6.2.5.3. Comparative market share analysis, 2019 & 2027
6.2.6. UK
6.2.6.1. Market size and forecast, by environment, 2019-2027
6.2.6.2. Market size and forecast, by fish type, 2019-2027
6.2.6.3. Comparative market share analysis, 2019 & 2027
6.2.7. France
6.2.7.1. Market size and forecast, by environment, 2019-2027
6.2.7.2. Market size and forecast, by fish type, 2019-2027
6.2.7.3. Comparative market share analysis, 2019 & 2027
6.2.8. Spain
6.2.8.1. Market size and forecast, by environment, 2019-2027
6.2.8.2. Market size and forecast, by fish type, 2019-2027
6.2.8.3. Comparative market share analysis, 2019 & 2027
6.2.9. Italy
6.2.9.1. Market size and forecast, by environment, 2019-2027
6.2.9.2. Market size and forecast, by fish type, 2019-2027
6.2.9.3. Comparative market share analysis, 2019 & 2027
6.2.10. Rest of Europe
6.2.10.1. Market size and forecast, by environment, 2019-2027
6.2.10.2. Market size and forecast, by fish type, 2019-2027
6.2.10.3. Comparative market share analysis, 2019 & 2027
6.3. Asia Pacific
6.3.1. Market size and forecast, by environment, 2019-2027
6.3.2. Market size and forecast, by fish type, 2019-2027
6.3.3. Market size and forecast, by country, 2019-2027
6.3.4. Comparative market share analysis, 2019 & 2027
6.3.5. China
6.3.5.1. Market size and forecast, by environment, 2019-2027
6.3.5.2. Market size and forecast, by fish type, 2019-2027
6.3.5.3. Comparative market share analysis, 2019 & 2027
6.3.6. India
6.3.6.1. Market size and forecast, by environment, 2019-2027
6.3.6.2. Market size and forecast, by fish type, 2019-2027
6.3.6.3. Comparative market share analysis, 2019 & 2027
6.3.7. Japan
6.3.7.1. Market size and forecast, by environment, 2019-2027
6.3.7.2. Market size and forecast, by fish type, 2019-2027
6.3.7.3. Comparative market share analysis, 2019 & 2027
6.3.8. Australia
6.3.8.1. Market size and forecast, by environment, 2019-2027
6.3.8.2. Market size and forecast, by fish type, 2019-2027
6.3.8.3. Comparative market share analysis, 2019 & 2027
6.3.9. Rest of Asia Pacific
6.3.9.1. Market size and forecast, by environment, 2019-2027
6.3.9.2. Market size and forecast, by fish type, 2019-2027
6.3.9.3. Comparative market share analysis, 2019 & 2027
6.4. LAMEA
6.4.1. Market size and forecast, by environment, 2019-2027
6.4.2. Market size and forecast, by fish type, 2019-2027
6.4.3. Market size and forecast, by country, 2019-2027
6.4.4. Comparative market share analysis, 2019 & 2027
6.4.5. Latin America
6.4.5.1. Market size and forecast, by environment, 2019-2027
6.4.5.2. Market size and forecast, by fish type, 2019-2027
6.4.5.3. Comparative market share analysis, 2019 & 2027
6.4.6. Middle East
6.4.6.1. Market size and forecast, by environment, 2019-2027
6.4.6.2. Market size and forecast, by fish type, 2019-2027
6.4.6.3. Comparative market share analysis, 2019 & 2027
6.4.7. Africa
6.4.7.1. Market size and forecast, by environment, 2019-2027
6.4.7.2. Market size and forecast, by fish type, 2019-2027
6.4.7.3. Comparative market share analysis, 2019 & 2027
7. Company Profiles
7.1. Mowi
7.1.1. Business overview
7.1.2. Financial performance
7.1.3. Product portfolio
7.1.4. Recent strategic moves & developments
7.1.5. SWOT analysis
7.2. Stolt-Nielsen
7.2.1. Business overview
7.2.2. Financial performance
7.2.3. Product portfolio
7.2.4. Recent strategic moves & developments
7.2.5. SWOT analysis
7.3. Leroy
7.3.1. Business overview
7.3.2. Financial performance
7.3.3. Product portfolio
7.3.4. Recent strategic moves & developments
7.3.5. SWOT analysis
7.4. SELONDA SA
7.4.1. Business overview
7.4.2. Financial performance
7.4.3. Product portfolio
7.4.4. Recent strategic moves & developments
7.4.5. SWOT analysis
7.5. TASSAL GROUP
7.5.1. Business overview
7.5.2. Financial performance
7.5.3. Product portfolio
7.5.4. Recent strategic moves & developments
7.5.5. SWOT analysis
7.6. Cargill, Incorporated
7.6.1. Business overview
7.6.2. Financial performance
7.6.3. Product portfolio
7.6.4. Recent strategic moves & developments
7.6.5. SWOT analysis
7.7. Thai Union Group PCL
7.7.1. Business overview
7.7.2. Financial performance
7.7.3. Product portfolio
7.7.4. Recent strategic moves & developments
7.7.5. SWOT analysis
7.8. Maruha Nichiro Corporation
7.8.1. Business overview
7.8.2. Financial performance
7.8.3. Product portfolio
7.8.4. Recent strategic moves & developments
7.8.5. SWOT analysis
7.9. NISSUI
7.9.1. Business overview
7.9.2. Financial performance
7.9.3. Product portfolio
7.9.4. Recent strategic moves & developments
7.9.5. SWOT analysis
7.10. P/F Bakkafrost
7.10.1. Business overview
7.10.2. Financial performance
7.10.3. Product portfolio
7.10.4. Recent strategic moves & developments
7.10.5. SWOT analysis
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