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Market Snapshot

CAGR:6.1

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.1

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Report Overview

Report Scope:

The scope of this report is comprehensive, covering the present status and future prospects for the markets for aquaculture North America, Europe, Asia-Pacific, South America and the rest of the world (ROW). The ROW region includes all countries in the Middle East and Africa.

The values presented in the forecast tables represent the market value (in millions of dollars) and volumes (in tonnes) of aquaculture products. All growth rates in the tables and the text are based on compound annual growth rates (CAGRs) from 2017 through 2022. Estimated values used are based on manufacturers' total revenues.

The market is categorized by aquaculture product types, applications, type of culture and regional markets. The estimated values have been derived from manufacturers' total revenues. However, in many cases production volume has been considered.

The report also provides a detailed analysis of the major aquaculture product vendors, as well as company profiles.

Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Report Includes:

- 102 data tables
- An overview of the global market for aquaculture products
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Analysis of the market by product type, culture type, and region
- Discussion of the major trends and challenges affecting the market
- Descriptions of major market drivers
- Profiles of key companies in the market, including American Abalone Farms, Bakkafrost, Cargill, Eastern Fish, Nova Sea, Russian Aquaculture, The Scottish Salmon Co. and Taylor Shellfish

Summary

Fish are aquatic animals that are rich in vitamins, omega-3 fatty acids (eicosapentaenoic acid [EPA] and docosahexaenoic acid [DHA]) and other vital nutrients. The bones and oils of fish and the body parts of other seafood have been successfully used in medical sector for curing diseases such as cancer and problems related to heart and heredity. Apart from these, the shells of many aquatic animals have been used to make jewelry.

The fish can be reared through the process of aquaculture. The global market for aquaculture can be divided based on the types of products and cultures used in the process. The varieties of fishes used are carps, mollusks, crustaceans, salmon, trout, mackerels, milkfish, sea bass, sea bream and other fishes. The sources of culture in the global market for aquaculture are those from fresh water, marine water and brackish water. The market has been expanding because of the high demand for fish and other aquatic animals for food. Due to the high nutritional value of fish and other seafood, people have begun consuming them at a higher rate in the present times.

Scope of Report

The scope of this report is comprehensive, covering the present status and future prospects for the markets for aquaculture North America, Europe, Asia-Pacific, South America and the rest of the world (ROW). The ROW region includes all countries in the Middle East and Africa.

The values presented in the forecast tables represent the market value (in millions of dollars) and volumes (in tonnes) of aquaculture products. All growth rates in the tables and the text are based on compound annual growth rates (CAGRs) from 2017 through 2022. Estimated values used are based on manufacturers' total revenues.

The market is categorized by aquaculture product types, applications, type of culture and regional markets. The estimated values have been derived from manufacturers' total revenues. However, in many cases production volume has been considered.

The report also provides a detailed analysis of the major aquaculture product vendors, as well as company profiles.

Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Reasons for Doing This Study

In recent years, the growing demand for the research and development of the aquaculture industry has been remarkable. Increased demand for different types of fish for food intake due to their nutritive
value is expected to boost the market, and this will change the market dynamics.

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Intended Audience
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Background
Product Type
Carp
Mollusks
Crustaceans
Salmon
Trout
Mackerel
Milkfish
Sea Bass
Sea Bream
Other Fishes
Types of Fish Culture
Fresh Water
Marine Water
Brackish Water
Market Drivers
Increasing Awareness of the High Sources of Nutrition in Seafood
Continuous Decline of Natural Fish Stock
Global Warming
Aquatic Animals: A Potential Source of Medicinal Value
Blue Economy Initiative to Improve Aquaculture Infrastructure
Chapter 4 Global Fish Production
Global Fish Production by Source
Global Fish Production by Type of Capture
Global Fish Production by Aquaculture Type
Global Fish Production by Utilization
Chapter 5 Global Production of Aquatic Animals and Plants
Global Production of Captured Aquatic Animals
Per Capita Production of Aquatic Animals by Region
Global Production of Captured Mollusks
Regional Shares of Aquatic Animal Production by Type of Fishery
North America
Europe
Asia-Pacific
Africa
Global Production of Aquatic Plants
Chapter 6 Global Market for Aquaculture
Global Market for Aquaculture Products by Type
Global Market for Aquaculture by Type of Culture
Global Market for Aquaculture by Region
Global Market for Aquaculture Products by Region
Global Market for Carp by Region
Global Market for Mollusks by Region
Global Market for Crustaceans by Region
Global Market for Salmon by Region
Global Market for Trout by Region
Global Market for Mackerel by Region
Global Market for Milkfish by Region
Global Market for Sea Bass by Region
Global Market for Sea Bream by Region
Global Market for Other Types of Fish by Region
Global Regional Markets for Aquaculture by Type of Culture
Global Market for Fresh Water Aquaculture by Region
Global Market for Marine Water Aquaculture by Region
Global Market for Brackish Water Aquaculture by Region
Chapter 7 Global Market for Fish by Type of Culture
Global Market for Carp by Type of Culture
Global Market for Mollusks by Type of Culture
Global Market for Crustaceans by Type of Culture
Global Market for Salmon by Type of Culture
Global Market for Trout by Type of Culture
Global Market for Mackerel by Type of Culture
Global Market for Milkfish by Type of Culture
Global Market for Sea Bass by Type of Culture
Global Market for Sea Bream by Type of Culture
Global Market for Other Types of Fish by Type of Culture
Chapter 8 Global Market for Aquaculture by Region
Asia-Pacific Market for Aquaculture
North American Market for Aquaculture
European Market for Aquaculture
South American Market for Aquaculture
Rest of the World Market for Aquaculture
Chapter 9 Company Profiles
AMERICAN ABALONE FARMS
AQUABOUNTY TECHNOLOGIES INC.
AUSTRALIS AQUACULTURE LLC
AVANTI FEEDS
BAKKAFROST
BIOMAR
BLUE RIDGE AQUACULTURE INC.
BLUMAR SEAFOODS
CARGILL
CERMAQ ASA
COOKE AQUACULTURE
DAHU AQUACULTURE
DALIAN ZHANGZIDAO FISHERY
EASTERN FISH
EMPRESAS AQUACHILE SA
EWOS
GALAXIDI MARINE FARM
GRIEG SEAFOOD
HAINAN XIANGTAI FISHERY GROUP
HENDRIX GENETICS
HUON AQUACULTURE
INTERNATIONAL FISH FARMING
INVE AQUACULTURE
KONA MAY MARINE RESOURCES
LEROY SEAFOOD GROUP
MARINE HARVEST
MARUHA NICHIRO CORP.
MULTIEXPORT FOODS
NIPPON SUISAN KAISHA LTD.
NIREUS
NORDLAKS
NORWAY ROYAL SALMON ASA
NOVA SEA
PENTAIR AQUATIC ECO-SYSTEMS
ROYAL GREENLAND A/S
RUSSIAN AQUACULTURE
SALMAR ASA
SALMON MULTIEXPORT
SCOTTISH SALMON CO.
SELONDA AQUACULTURE SA
SHELLFISH CULTURE
SKRETTING
STARKIST SEAFOOD CO.
STOLT NIELSEN LTD.
TASSAL GROUP LTD.
TAYLOR SHELLFISH
UNIMA GROUP
THE WATERBASE LTD.
ZEAL AQUA
ZEIGLER BROS. INC.

List of Tables
Summary Table : Global Market for Aquaculture Products, by Type, Through 2022
Table 1 : Fish Rich in Omega-3 Fatty Acids
Table 2 : Nutritional Value of Salmon
Table 3 : Nutritional Value of Seafood
Table 4 : Aquatic Animals and Their Medicinal Uses
Table 5 : Global Fish Production, by Type of Source, 2016
Table 6 : Global Fish Production, by Type of Capture, 2016
Table 7 : Global Fish Production, by Aquaculture Type, 2016
Table 8 : Global Fish Production, by Utilization, 2016
Table 9 : Global Production of Captured Aquatic Animals, by Type, 2016
Table 10 : Per Capita Production of Aquatic Animals, by Region, 2016
Table 11 : Global Production of Captured Mollusks, 2016
Table 12 : North American Production of Aquatic Animals, by Type of Fishery, 2016
Table 13 : European Production of Aquatic Animals, by Type of Fishery, 2016
Table 14 : Asia-Pacific Production of Aquatic Animals, by Type of Fishery, 2016
Table 15 : African Production of Aquatic Animals, by Type of Fishery, 2016
Table 16 : Global Production of Aquatic Plants, 2016
Table 17 : Global Market for Aquaculture Products, by Type, Through 2022
Table 18 : Global Aquaculture Production, by Product Type, Through 2022
Table 19 : Global Market for Aquaculture, by Type of Culture, Through 2022
Table 20 : Global Aquaculture Production, by Type of Culture, Through 2022
Table 21 : Global Market for Aquaculture, by Region, Through 2022
Table 22 : Global Aquaculture Production, by Region, Through 2022
Table 23 : Global Market for Carp, by Region, Through 2022
Table 24 : Global Carp Production, by Region, Through 2022
Table 25 : Global Market for Mollusks, by Region, Through 2022
Table 26 : Global Mollusk Production, by Region, Through 2022
Table 27 : Global Market for Crustaceans, by Region, Through 2022
Table 28 : Global Crustacean Production, by Region, Through 2022
Table 29 : Global Market for Salmon, by Region, Through 2022
Table 30 : Global Salmon Production, by Region, Through 2022
Table 31 : Global Market for Trout, by Region, Through 2022
Table 32 : Global Trout Production, by Region, Through 2022
Table 33 : Global Market for Mackerel, by Region, Through 2022
Table 34 : Global Mackerel Production, by Region, Through 2022
Table 35 : Global Market for Milkfish, by Region, Through 2022
Table 36 : Global Milkfish Production, by Region, Through 2022
Table 37 : Global Market for Sea Bass, by Region, Through 2022
Table 38 : Global Sea Bass Production, by Region, Through 2022
Table 39 : Global Market for Sea Bream, by Region, Through 2022
Table 40 : Global Sea Bream Production, by Region, Through 2022
Table 41 : Global Market for Other Types of Fish, by Region, Through 2022
Table 42 : Global Production of Other Types of Fish, by Region, Through 2022
Table 43 : Global Market for Fresh Water Aquaculture, by Region, Through 2022
Table 44 : Global Production of Fresh Water Aquaculture, by Region, Through 2022
Table 45 : Global Market for Marine Water Aquaculture, by Region, Through 2022
Table 46 : Global Production of Marine Water Aquaculture, by Region, Through 2022
Table 47 : Global Market for Brackish Water Aquaculture, by Region, Through 2022
Table 48 : Global Production of Brackish Water Aquaculture, by Region, Through 2022
Table 49 : Global Market for Carp, by Type of Culture, Through 2022
Table 50 : Global Carp Production, by Type of Culture, Through 2022
Table 51 : Global Market for Mollusks, by Type of Culture, Through 2022
Table 52 : Global Mollusk Production, by Type of Culture, Through 2022
Table 53 : Global Market for Crustaceans, by Type of Culture, Through 2022
Table 54 : Global Production of Crustaceans, by Type of Culture, Through 2022
Table 55 : Global Market for Salmon, by Type of Culture, Through 2022
Table 56 : Global Salmon Production, by Type of Culture, Through 2022
Table 57 : Global Market for Trout, by Type of Culture, Through 2022
Table 58 : Global Trout Production, by Type of Culture, Through 2022
Table 59 : Global Market for Mackerel, by Type of Culture, Through 2022
Table 60 : Global Mackerel Production, by Type of Culture, Through 2022
Table 61 : Global Market for Milkfish, by Type of Culture, Through 2022
Table 62 : Global Milkfish Production, by Type of Culture, Through 2022
Table 63 : Global Market for Sea Bass, by Type of Culture, Through 2022
Table 64 : Global Sea Bass Production, by Type of Culture, Through 2022
Table 65 : Global Market for Sea Bream, by Type of Culture, Through 2022
Table 66 : Global Sea Bream Production, by Type of Culture, Through 2022
Table 67 : Global Market for Other Types of Fish, by Type of Culture, Through 2022
Table 68 : Global Production of Other Types of Fish, by Type of Culture, Through 2022
Table 69 : Asia-Pacific Market for Aquaculture, by Product Type, Through 2022
Table 70 : Asia-Pacific Aquaculture Production, by Product Type, Through 2022
Table 71 : Asia-Pacific Market for Aquaculture, by Country, Through 2022
Table 72 : Asia-Pacific Aquaculture Production, by Country, Through 2022
Table 73 : Asia-Pacific Market for Aquaculture, by Type of Culture, Through 2022
Table 74 : Asia-Pacific Aquaculture Production, by Type of Culture, Through 2022
Table 75 : North American Market for Aquaculture, by Product Type, Through 2022
Table 76 : North American Aquaculture Production, by Product Type, Through 2022
Table 77 : North American Market for Aquaculture, by Type of Culture, Through 2022
Table 78 : North American Aquaculture Production, by Type of Culture, Through 2022
Table 79 : European Market for Aquaculture, by Product Type, Through 2022
Table 80 : European Aquaculture Production, by Product Type, Through 2022
Table 81 : European Market for Aquaculture, by Type of Culture, Through 2022
Table 82 : European Aquaculture Production, by Type of Culture, Through 2022
Table 83 : South American Market for Aquaculture, by Product Type, Through 2022
Table 84 : South American Aquaculture Production, by Product Type, Through 2022
Table 85 : South American Market for Aquaculture, by Type of Culture, Through 2022
Table 86 : South American Aquaculture Production, by Type of Culture, Through 2022
Table 87 : ROW Market for Aquaculture, by Product Type, Through 2022
Table 88 : ROW Aquaculture Production, by Product Type, Through 2022
Table 89 : ROW Market for Aquaculture, by Type of Culture, Through 2022
Table 90 : ROW Aquaculture Production, by Type of Culture, Through 2022
Table 91 : Bakkafrost's Financials, Through 2016
Table 92 : Grieg Seafood's Financials, Through 2016
Table 93 : Huon's Financials, Through 2016
Table 94 : Marine Harvest's Financials, Through 2016
Table 95 : Maruha Nichiro's Financials, Through 2017
Table 96 : Nippon Suisan Kaisha's Financials, Through 2016
Table 97 : Royal Salmon's Financials, Through 2016
Table 98 : Royal Greenland's Financials, Through 2016
Table 99 : SalMar's Financials, Through 2016
Table 100 : Stolt Nielson's Financials, Through 2016
Table 101 : Tassal Group's Financials, Through 2016

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Aquaculture Products Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032