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Implementation of RAS technology provides an opportunity for the aquaculture market growth. Get Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00005135/
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Aquaculture Market Report Code:TIPRE00005135 | No. of Pages:197 | Category: Food and Beverages | Status: Published Aquaculture Market to 2027 - Global Analysis and Forecasts by Type (Aquatic Plants, Fish, Crustaceans, Molluscs, Others); Culture Environment (Fresh Water, Brackish Water, Marine) and Geography E-Mail : sales@theinsightpartners.com
Aquaculture Market Report Code:TIPRE00005135 | No. of Pages:197 | Category: Food and Beverages | Status: Published Introduction: The global aquaculture market accounted for US$ 264,470.0 Mn in 2018 and is expected to grow at a CAGR of 7.7% during the forecast period 2019 - 2027, to account to US$ 509,743.0 Mn by 2027. The Asia Pacific region held the largest market share in the global aquaculture market. The production and consumption rate of seafood is expanding rapidly with China and India being the major markets for the aquaculture industry. The Asia Pacific has evolved as the largest consumers and exporter of aquaculture products. Fisheries and aquaculture production highly contributor to national economies across the Asia-Pacific region over the past few years. The Asia Pacific market is characterized by the presence of players such as Bakkafrost, Cermaq Group AS, Farallon Aquaculture Group, Lerøy, Mowi ASA, Stolt-Nielsen Limited, and Tassal Group, among others. E-Mail : sales@theinsightpartners.com
Aquaculture Market Report Code:TIPRE00005135 | No. of Pages:197 | Category: Food and Beverages | Status: Published The high growth in demand for fish oil is generating a need for more fish production, thus, boosting the demand for aquaculture in the near future. Fish oil is largely used as a dietary supplement, healthcare, pharmaceutical, and food industry. It is an efficient source of vitamin A and D and is considered the most significant source for human consumption after wild fish. Currently, fish oil accounts for the small percentages of total edible oil production. However, it is expected to increase in the coming years owing to its health benefits. Fish oil is considered as the fastest-growing protein source in a global food supply chain. Also, genetically modified (GM) plant oil is expected to be replaced by fish oil owing to health and nutritional benefits of this oil for human consumption. Thus, in the future, it is necessary to meet the increase in demand for fish oil, which boosts aquaculture market in the coming years. On the basis of species, the global aquaculture market has been segmented into aquatic plants, fish, crustaceans, molluscs, and others. Under the species segment, the fish market led the global aquaculture market. Moreover, the aquatic plant's segment is anticipated to register the fastest CAGR over the projected period. Aquatic plants are used as food and raw materials for building materials, industrial processes, and manure in agriculture. These plants absorb minerals and enrich the water with oxygen produced during photosynthesis. These property of aquatic plants are beneficial as they assist in the maintenance of clean water and also help in preventing water pollution. They are also a source of bioenergy, biomass, and human & animal food. E-Mail : sales@theinsightpartners.com
Aquaculture Market Report Code:TIPRE00005135 | No. of Pages:197 | Category: Food and Beverages | Status: Published The global aquaculture market on the basis of cultural environment is segmented into freshwater, brackish water, and marine. The marine segment accounted for the largest share in the global aquaculture market. Marine aquaculture involves the cultivation of marine organisms for food and other products in the open ocean or in tanks and ponds which are filled with seawater. The different type of fishes raised in the marine aquaculture includes finfish and shellfish like prawns, or oysters and seaweed in saltwater ponds. Non-food products produced by include fish meal, nutrient agar, jewelry, and cosmetics. Marine aquaculture has rapidly expanded over the past few years due to improvements in formulated feeds, new technology, growing biological understanding of farmed species, increased water quality within closed farm systems, and greater demand for seafood products. These factors are projected to propel the growth of the aquaculture market over the forecast period. Get Sample Brochure E-Mail : sales@theinsightpartners.com
Aquaculture Market Report Code:TIPRE00005135 | No. of Pages:197 | Category: Food and Beverages | Status: Published Strategic Insights Mergers and acquisition were observed as the most adopted strategies in global aquaculture market. Few of the recent developments in the global aquaculture market are listed below: 2019: Bakkafrost purchased all outstanding shares of North Landing Ltd. In order to form a base of operation in the US and enhance their abilities to serve our customers. 2019: Cooke acquired Farallon Aquaculture de Nicaragua, which is a vertically integrated farmer and a supplier of frozen shrimp across Asia, Europe and the US. 2018: Cooke Inc., acquired the Seajoy Seafood Corporation group which is considered to be one of the largest vertically integrated and premium shrimp farms in Latin America. E-Mail : sales@theinsightpartners.com