Uploaded on Nov 29, 2021
Aquaculture is the cultivation of freshwater aquatic organisms for food and other purposes. This rapidly growing field is focused on harvesting fish in water systems. Aquaculture has also been able to meet the needs of a less than adequately served market, with less harmful waste being released into the environment, because the water is delivered directly to the operations and transported to the fish where it is used. Aquaculture is one of the few animal products that has consistently shown consistent growth despite the global recession, with fish production consistently exceeding demand.
Aquaculture Market
Aquaculture Market global industry size, growth, emerging trends and business opportunities
2027
Market Overview
Aquaculture is the cultivation of freshwater aquatic organisms for food and other purposes. This
rapidly growing field is focused on harvesting fish in water systems. Aquaculture has also been able
to meet the needs of a less than adequately served market, with less harmful waste being released
into the environment, because the water is delivered directly to the operations and transported to the
fish where it is used. Aquaculture is one of the few animal products that has consistently shown
consistent growth despite the global recession, with fish production consistently exceeding demand.
With aquaculture there are two separate but intertwined markets that are not necessarily thought of
when discussing the same. On one hand we have the marine aquaculture industry, which includes
the vast majority of fish being raised for food and other aquaculture related markets.
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Market Dynamics
Increasing number of hatcheries is expected to propel growth of the global aquaculture market over
the forecast period. For instance, in March 2021, Kelly Cove Salmon Ltd., the Atlantic Canadian
salmon farming division of Cooke Aquaculture Inc., received approval from the Nova Scotia
Department of Fisheries and Aquaculture for the development of a new land-based salmon hatchery
near Centreville on Digby Neck.
Major players operating in the global aquaculture market are focused on adopting partnership
strategies to enhance their market share. For instance, in August 2021, Cermaq partnered with Folla
Alger for integrated salmon and kelp farming in collaboration with leading research environments
in Norway.
Detailed Segmentation:
• Global Carbon Black Market for Textile Fibers Market, By Fish Type:
• Carps
• Mollusks
• Crustaceans
• Salmon
• Milkfish
• Trout
• Mackerels
• Sea bream
• Sea bass
• Others
• Global Carbon Black Market for Textile Fibers Market, By Environment:
• Fresh Water
• Marine Water
• Brackish Water
Key companies covered as a part of this study include Blue Ridge Aquaculture, Cermaq ASA,
Cooke Aquaculture Inc., Eastern Fish Co., Huon Aquaculture Group Pty Ltd., International Fish
Farming Co. – Asmak, Marine Harvest ASA, Nireus Aquaculture S.A., Promarisco, and Selonda
Aqauculture S.A.
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