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Aquaculture Market by Competitive Analysis and Demand 2020 to 2030

The Global Aquaculture Market size valued to USD 281.99 billion in 2019, is projected an elevation of USD 484.05 billion by 2030, witnessing a CAGR of 4.90% from 2020-2030.

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Aquaculture Market by Competitive Analysis and Demand 2020 to 2030

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  1. The Global Aquaculture Market size valued to USD 281.99 billion in 2019, is projected an elevation of USD 484.05 billion by 2030, witnessing a CAGR of 4.90% from 2020-2030. Aquaculture refers to the farming of aquatic organism in fresh water, marine water, and brackish water. The aquafarming involves aquatic organisms such as carps, crustaceans, mackerel, milkfish, mollusks, salmon, sea brass, sea bream, trout, and others as well as several edible aquatic plants. This involves harvesting, breeding, restoring, regeneration, protecting the species from predators and performing such other activities in controlled environmental conditions. Access Full Description of this report at:- https://www.nextmsc.com/report/aquaculture-market Top Companies: Cooke Aquaculture Inc., Cermaq Group AS (Mitsubishi Corporation), Grupo Farallon Aquaculture, Marine Harvest ASA, Leroy Sea Food Group, P/F Bakkafrost, Stolt Sea Farm, Selonda Aquaculture S.A., Thai Union Group Public Company Limited and others. The global aquaculture market observes a lucrative growth owing to factors such as rapid urbanization, increase in disposable incomes, as well as increasing fitness quotient that leads to higher consumption of animal protein. Furthermore, sea-food, selected species of fishes and several aquatic plants hold high nutritional values, are rich in protein as well as are the primary source of omega-3 fatty acid. Henceforth, they hold wide applications in skin-care, medical sector, plus health and fitness sector. These factors are attributable to foster the growth of the aquaculture market throughout the forecast period. However, increasing pollution of aquatic bodies, drastic changes in climatic conditions and global warming, are the factors posing massive challenges to the global market. Also, handling of the unhealthy culture, managing growth of parasites, irregularities in feed supply as well as disease management of infected species, tend to severely affect the growth of the aquaculture market. Request sample copy of this report at:- https://www.nextmsc.com/aquaculture-market/request-sample North America accounts for the major market share, hence it is expected to dominate the global market throughout the forecast period. Factors such as advanced infrastructures, advanced technologies, as well as growing demand for low-fat, high nutritious and protein rich diets, are expected to propel the growth of aquaculture market in this region. Asia Pacific is expected to demonstrate a substantial increase in market share owing to the increase in government initiatives. Furthermore, augment in the international trade, increase in disposable income and integration of new technologies are expected to foster the growth of aquaculture market in coming future.

  2. About Next Move Strategy Consulting: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses. For more insights, please visit, https://www.nextmsc.com

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