Aquaculture Market Research Report - Global Forecast till 2027

Global Aquaculture Market Research Report by Environment (Freshwater, Marine Water and Brackish Water), Type (Fishes, Crustaceans, Mollusca and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast 2027

ID: MRFR/AGR/6609-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Aquaculture Market is projected to register a significant growth rate of 5.1% from 2019 to 2024 and reach a market value of USD 207 Billion by the end of 2024. The reasons for fuelling the growth of the global aquaculture market are the  growing human population, demand for seafood, and the growth of the retail sector. Additionally, increasing government strategic initiatives and research and development in aquaculture are boosting the efficiency and productivity of the aquaculture industry which is leading to the delivery of high quality and disease-free fish and aquatic products to consumers. Aquaculture is an occupation which is practiced in different environments such as freshwater, marine water, and brackish water. It is the procedure of harvesting, breeding, and rearing of fish, shellfish, and other aquatic organisms. Aquaculture promotes the rapid hygienic growth of animals and plants like fishes, crustaceans, mollusks, seaweed, and algae which indirectly helps in boosting consumer demand for various types of food products. Additionally, harvested fish, shellfish, and seaweed have wider applications in the food industry, cosmetics industry, and healthcare and pharmaceutical industry. The factors mentioned above are helping to drive the growth of the global market and raising the aquaculture industry value.


However, the altering climatic conditions around the globe due to climate change, fluctuation in the trade market, aquaculture trade regulations, and water body pollution by toxic chemicals are the major restraints which may hinder the growth of the global aquaculture market.


Segmentation


The global aquaculture market has been segmented based on environment, type, and region.


By environment, the global market has been classified as freshwater, marine water, and brackish water.


Based on type, the global market has been classified as fishes, crustaceans, Mollusca, and others.


The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American aquaculture market has further been segmented into the US, Canada, and Mexico. The European aquaculture industry has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.


The aquaculture industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.


The aquaculture industry in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players



  • American Abalone Farms (US)

  • Blue Ridge Aquaculture Inc. (US)

  • Cargill, Incorporated (US)

  • Sea Watch International Ltd. (US)

  • Mowi ASA (Norway)

  • Cooke Aquaculture (Canada)

  • Austevoll Seafood ASA (Norway)

  • Cermaq ASA (Norway)

  • Grieg Seafood ASA (Norway)

  • Charoen Pokphand Foods PCL (Thailand)

  • Maruha Nichiro Corporation (Japan)

  • Dainichi Corporation (Japan)

  • Thai Union Group PLC (Thailand)

  • Nippon Suisan Kaisha Ltd. (Japan)

  • Tassal Group Ltd. (Australia)


Regional Market Summary


Global Aquaculture Market Share (%), by Region, 2018  Aquaculture Market_Image


Source: Secondary Sources and MRFR Analysis


The market in Asia-Pacific is expected to dominate the global aquaculture market during the forecast period due to the increasing government initiatives for promotion of aquatic animal health and sustainable farming systems. Organizations like the Network of Aquaculture Centres in Asia-Pacific (NACA) are promoting rural development through sustainable aquaculture and aquatic resources management in the region. However, the market in North America is expected to register the highest growth rate during the forecast period due to the increasing number of market players in the region and strong institutional support for aquaculture by the government to foster industrial expansion.     

Global Aquaculture Market, by Environment



  • Freshwater

  • Marine Water

  • Brackish Water


Global Aquaculture Market, by Type



  • Fishes

  • Crustaceans

  • Mollusca

  • Others


Global Aquaculture Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Aquafeed manufacturers

  • Aquafeed exporters and importers

  • Aquaculture associations

  • Aqua product suppliers



Frequently Asked Questions (FAQ) :


aquaculture market is projected to grow at approximately 5.1% CAGR during the assessment period (2019-2024).

aquaculture market is estimated to reach a valuation of approx. USD 207 BN by the end of 2024.

Based on environment, the freshwater segment and based on type, the Fish segment holds the major share the global aquaculture market.

Asia Pacific holds the largest share in the global aquaculture market, followed by North America and Europe, respectively.

Nippon Suisan Kaisha Ltd. (Japan), American Abalone Farms (US), Cermaq ASA (Norway), Dainichi Corporation (Japan), Cargill, Incorporated (US), Austevoll Seafood ASA (Norway), Charoen Pokphand Foods PCL (Thailand), Blue Ridge Aquaculture Inc. (US), Mowi ASA (Norway), Tassal Group Ltd. (Australia)Sea Watch International Ltd. (US), Grieg Seafood ASA (Norway), Maruha Nichiro Corporation (Japan), Cooke Aquaculture (Canada), and Thai Union Group PLC (Thailand), are some of the top players operating in the global aquaculture market.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of the Global Aquaculture Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Aquaculture Market, by Environment

6.1 Introduction

6.2 Freshwater

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Marine Water

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Brackish Water

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

7. Global Aquaculture Market, by Fish Type

7.1 Introduction

7.2 Fishes

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Crustaceans

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Mollusca

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

8. Global Aquaculture Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Environment, 2020-2027

8.2.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.2.6 US

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast, by Environment, 2020-2027

8.2.6.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.2.7 Canada

8.2.7.1 Market Estimates & Forecast, 2020-2027

8.2.7.2 Market Estimates & Forecast, by Environment, 2020-2027

8.2.7.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.2.8 Mexico

8.2.8.1 Market Estimates & Forecast, 2020-2027

8.2.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.2.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.6.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.7.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.9 Spain

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.9.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Environment, 2020-2027

8.3.9.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4.6 China

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.6.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.7.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4.8 Japan

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4.9 Australia & New Zealand

8.4.9.1 Market Estimates & Forecast, 2020-2027

8.4.9.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.9.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.4.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.5 Rest of the World (RoW)

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Environment, 2020-2027

8.5.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.5.6 South America

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Environment, 2020-2027

8.5.6.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.5.7 Middle East

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Environment, 2020-2027

8.5.7.3 Market Estimates & Forecast, by Fish Type, 2020-2027

8.5.8 Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Environment, 2020-2027

8.5.8.3 Market Estimates & Forecast, by Fish Type, 2020-2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategies

9.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 American Abalone Farms

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategies

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Blue Ridge Aquaculture Inc.

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategies

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Cargill, Incorporated

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategies

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Sea Aquaculture International Ltd.

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategies

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Mowi ASA

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategies

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Cooke Aquaculture

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategies

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Austevoll Seafood ASA

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategies

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Cermaq ASA

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategies

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Pacific Biocontrol Corporation

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategies

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Charoen Pokphand Foods PCL

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategies

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Maruha Nichiro Corporation

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategies

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Dainichi Corporation

10.11.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategies

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Nippon Suisan Kaisha Ltd.

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategies

10.13.5 Key Developments

10.13.6 SWOT Analysis

10.14 Grieg Seafood ASA

10.8.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Strategies

10.14.5 Key Developments

10.14.6 SWOT Analysis

10.15 Tassal Group Ltd.

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Strategies

10.15.5 Key Developments

10.15.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

TABLE 1 Global Aquaculture Market, by Region, 2020-2027 (USD Million)

TABLE 2 Global Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 3 Global Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 4 North America: Aquaculture Market, by Country, 2020-2027 (USD Million)

TABLE 5 North America: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 6 North America: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 7 US: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 8 US: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 9 Canada: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 10 Canada: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 11 Mexico: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 12 Mexico: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 13 Europe: Aquaculture Market, by Country, 2020-2027 (USD Million)

TABLE 14 Europe: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 15 Europe: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 16 Germany: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 17 Germany: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 18 France: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 19 France: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 20 Italy: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 21 Italy: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 22 Spain: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 23 Spain: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 24 UK: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 25 UK: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 26 Rest of Europe: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 27 Rest of Europe: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 28 Asia-Pacific: Aquaculture Market, by Country, 2020-2027 (USD Million)

TABLE 29 Asia-Pacific: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 30 Asia-Pacific: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 31 China: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 32 China: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 33 India: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 34 India: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 35 Japan: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 36 Japan: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 37 Australia & New Zealand: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 38 Australia & New Zealand: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 39 Rest of Asia-Pacific: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 40 Rest of Asia-Pacific: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 41 Rest of the World (RoW): Aquaculture Market, by Country, 2020-2027 (USD Million)

TABLE 42 Rest of the World (RoW): Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 43 Rest of the World (RoW): Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 44 South America: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 45 South America: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 46 Middle East: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 47 Middle East: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

TABLE 48 Africa: Aquaculture Market, by Environment, 2020-2027 (USD Million)

TABLE 49 Africa: Aquaculture Market, by Fish Type, 2020-2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Aquaculture Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Aquaculture Market

FIGURE 4 Value Chain of the Global Aquaculture Market

FIGURE 5 Share of the Global Aquaculture Market in 2020, by Country (%)

FIGURE 6 Global Aquaculture Market, by Region, 2020-2027

FIGURE 7 Global Aquaculture Market Size, by Environment, 2020

FIGURE 8 Share of the Global Aquaculture Market, by Environment, 2020-2027 (%)

FIGURE 9 Global Aquaculture Market Size, by Fish Type, 2020

FIGURE 10 Share of the Global Aquaculture Market, by Fish Type, 2020-2027 (%)