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Global Aquaculture Market (2023-2028) by Rearing Product Type, Culture, Production Type, Species, Environment, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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    Report

  • 174 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5748871

According to FAO OF United States, the production of aquatic animals directly used for human consumption reached 157 Mn tonnes in 2020

The Global Aquaculture Market is estimated to be USD 40.56 Bn in 2023 and is expected to reach USD 63.27 Bn by 2028, growing at a CAGR of 9.3%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Aquaculture Market is segmented based on Rearing Product Type, Culture, Production Type, Species, Environment, and Geography.
  • By Rearing Product Type, the market is classified into Chemicals, Equipment, Fertilizers, and Pharmaceuticals.
  • By Culture, the market is classified into Brackish Water, Freshwater, and Marine.
  • By Production Type, the market is classified into Medium- & Large-Scale and Small-Scale.
  • By Species, the market is classified into Aquatic Animals and Aquatic Pants.
  • By Environment, the market is classified into Marine Water, Fresh Water, and Brackish Water.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Nutreco N.V., Mitsubishi Corp., Nippon Suisan Kaisha, Ltd., Aquaculture Equipment Ltd., Tan International Ltd., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Aquaculture Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Aquaculture Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Aquaculture Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Aquaculture Market

What is the estimated value of the Global Aquaculture Market?

The Global Aquaculture Market was estimated to be valued at $40.56 Billion in 2023.

What is the growth rate of the Global Aquaculture Market?

The growth rate of the Global Aquaculture Market is 9.3%, with an estimated value of $63.27 Billion by 2028.

What is the forecasted size of the Global Aquaculture Market?

The Global Aquaculture Market is estimated to be worth $63.27 Billion by 2028.

Who are the key companies in the Global Aquaculture Market?

Key companies in the Global Aquaculture Market include AKVA Group, Alpha Group, Amanda Foods Ltd., Aquaculture Equipment Ltd., Aquaculture System Technologies, LLC., Aquafarm, Austevoll Seafood, Cermaq Group AS, Cooke Aquaculture Inc. and CPI Equipment Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Changes in the Food Consumption Pattern of People
4.1.2 Government Initiatives to Support Domestic Aquaculture
4.1.3 Expansion of the Retail Market and Easy Availability of the Product
4.1.4 Increase in the Seafood Trade
4.2 Restraints
4.2.1 Food Safety Concerns
4.2.2 Rise in the Act of Animal Cruelty in Animal Farms and Slaughterhouses
4.2.3 The Rise in Pollution
4.3 Opportunities
4.3.1 Technological Advancements in the Field of Aquaculture
4.3.2 Increasing Investment in Smart Fish Farming
4.4 Challenges
4.4.1 The rise in the Adoption of Veganism

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 Global Aquaculture Market, By Rearing Product Type
6.1 Introduction
6.2 Chemicals
6.3 Equipment
6.3.1 Cleaning Equipment
6.3.2 Containment Equipment
6.3.3 Medicinal Feed Additives
6.3.4 Water Circulating & Aerating Equipment
6.3.5 Water Pumps & Filters
6.4 Fertilizers
6.5 Pharmaceuticals

7 Global Aquaculture Market, By Culture
7.1 Introduction
7.2 Brackish Water
7.3 Freshwater
7.4 Marine

8 Global Aquaculture Market, By Production Type
8.1 Introduction
8.2 Medium- & Large-Scale
8.3 Small-Scale

9 Global Aquaculture Market, By Species
9.1 Introduction
9.2 Aquatic Animals
9.2.1 Crustaceans
9.2.2 Finfishes
9.2.3 Mollusks
9.2.4 Other Species (Trout, Sea Brass, Mackerels, etc.)
9.3 Aquatic Plants
9.3.1 Microalgae
9.3.2 Seaweeds

10 Global Aquaculture Market, By Environment
10.1 Introduction
10.2 Marine Water
10.3 Fresh Water
10.4 Brackish Water

11 Americas' Aquaculture Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas

12 Europe's Aquaculture Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe

13 Middle East and Africa's Aquaculture Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA

14 APAC's Aquaculture Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific

15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements

16 Company Profiles
16.1 AKVA Group
16.2 Alpha Group
16.3 Amanda Foods Ltd.
16.4 Aquaculture Equipment Ltd.
16.5 Aquaculture System Technologies, LLC.
16.6 Aquafarm
16.7 Austevoll Seafood
16.8 Cermaq Group AS
16.9 Cooke Aquaculture Inc.
16.10 CPI Equipment Inc.
16.11 Lerøy Seafood Group ASA
16.12 Mitsubishi Corp.
16.13 Nippon Suisan Kaisha, Ltd.
16.14 Nireus Aquaculture SA
16.15 Nutreco N.V.
16.16 Pentair PLC
16.17 Pioneer Group
16.18 Skretting (Nutreco N.V.)
16.19 Tan International Ltd.
16.20 Thai Union Group PCL
16.21 Xylem Inc.

17 Appendix
17.1 Questionnaire

Companies Mentioned

  • AKVA Group
  • Alpha Group
  • Amanda Foods Ltd.
  • Aquaculture Equipment Ltd.
  • Aquaculture System Technologies, LLC.
  • Aquafarm
  • Austevoll Seafood
  • Cermaq Group AS
  • Cooke Aquaculture Inc.
  • CPI Equipment Inc.
  • Lerøy Seafood Group ASA
  • Mitsubishi Corp.
  • Nippon Suisan Kaisha, Ltd.
  • Nireus Aquaculture SA
  • Nutreco N.V.
  • Pentair PLC
  • Pioneer Group
  • Skretting (Nutreco N.V.)
  • Tan International Ltd.
  • Thai Union Group PCL
  • Xylem Inc.