Aquaculture in Norway - Research and Markets

Aquaculture in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The aquaculture industry involves the cultivation and farming of aquatic organisms in both inland and marine areas. This includes a diverse range of species, such as crustaceans, diadromous fishes, freshwater fishes, marine fishes, and molluscs. Market volume and value represent the production volume and value.
The Norwegian aquaculture industry recorded revenues of $10.9 billion in 2024, representing a compound annual growth rate (CAGR) of 6.1% between 2019 and 2024.
Industry production volume increased with a CAGR of 1.5% between 2019 and 2024, reaching a total of 4.05 million tonnes in 2024.
The industry growth in Norway is influenced by rising disposable incomes and evolving consumer preferences, particularly among the expanding urban middle class. According to Statistics Norway (SSB), household disposable income reached NOK1,885?billion ($17.5 billion) in 2024, recording a real increase of 4.0% compared to the previous year.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aquaculture market in Norway
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aquaculture market in Norway
Leading company profiles reveal details of key aquaculture market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Norway aquaculture market with five year forecasts

Reasons to Buy

What was the size of the Norway aquaculture market by value in 2024?
What will be the size of the Norway aquaculture market in 2029?
What factors are affecting the strength of competition in the Norway aquaculture market?
How has the market performed over the last five years?
What are the main segments that make up Norway's aquaculture market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent developments in the industry?

8 Company Profiles

8.1. Skretting AS
8.2. Mowi ASA
8.3. SalMar ASA
8.4. Leroy Seafood Group ASA

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: Norway aquaculture industry value: $ billion, 2019-24
Table 2: Norway aquaculture industry volume: thousand tonnes, 2019-24
Table 3: Norway aquaculture industry category segmentation: % share, by value, 2019-24
Table 4: Norway aquaculture industry category segmentation: $ billion, 2019-24
Table 5: Norway aquaculture industry geography segmentation: $ billion, 2024
Table 6: Norway aquaculture industry value forecast: $ billion, 2024-29
Table 7: Norway aquaculture industry volume forecast: thousand tonnes, 2024-29
Table 8: Skretting AS: Key Facts
Table 9: Skretting AS: Key Employees
Table 10: Mowi ASA: Key Facts
Table 11: Mowi ASA: Annual Financial Ratios
Table 12: Mowi ASA: Key Employees
Table 13: SalMar ASA: Key Facts
Table 14: SalMar ASA: Annual Financial Ratios
Table 15: SalMar ASA: Key Employees
Table 16: Leroy Seafood Group ASA: Key Facts
Table 17: Leroy Seafood Group ASA: Annual Financial Ratios
Table 18: Leroy Seafood Group ASA: Key Employees
Table 19: Norway Size of Population (Million), 2020-24
Table 20: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Norway GDP (Current Prices, $ Billion), 2020-24
Table 22: Norway Inflation, 2020-24
Table 23: Norway Consumer Price Index (Absolute), 2020-24
Table 24: Norway Exchange Rate, 2019-24

List of Figures

Figure 1: Norway aquaculture industry value: $ billion, 2019-24
Figure 2: Norway aquaculture industry volume: thousand tonnes, 2019-24
Figure 3: Norway aquaculture industry category segmentation: $ billion, 2019-24
Figure 4: Norway aquaculture industry geography segmentation: % share, by value, 2024
Figure 5: Norway aquaculture industry value forecast: $ billion, 2024-29
Figure 6: Norway aquaculture industry volume forecast: thousand tonnes, 2024-29
Figure 7: Forces driving competition in the aquaculture industry in Norway, 2024
Figure 8: Drivers of buyer power in the aquaculture industry in Norway, 2024
Figure 9: Drivers of supplier power in the aquaculture industry in Norway, 2024
Figure 10: Factors influencing the likelihood of new entrants in the aquaculture industry in Norway, 2024
Figure 11: Factors influencing the threat of substitutes in the aquaculture industry in Norway, 2024
Figure 12: Drivers of degree of rivalry in the aquaculture industry in Norway, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Skretting AS
Mowi ASA
SalMar ASA
Leroy Seafood Group ASA

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€310EUR$350USD£271GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€465EUR$525USD£407GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€620EUR$700USD£542GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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