Aquaculture Market Scope
According to FAO, Aquaculture is aquafarming, which includes farming of fish’s molluscs, crustaceans, and aquatic plants. This method is used to produce food and other products, retain habitat and to reestablish populations of threatened and vanishing species. Aquaculture is the process by which both animal and plant aquatic species are harvested in controlled aquatic environments like the oceans, lakes, rivers, ponds, and streams. Increasing Seafood Trade in both developed and developing nation will drive the market to grow in forecasting years.
The market study is being classified by Type (Equipment, Chemicals, Fertilizers and Pharmaceuticals) and major geographies with country level break-up.
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Aquaculture market throughout the predicted period.
Amalgam Enterprises (India), American Abalone Farms (United States), Austevoll Seafood ASA (Norway), Bakkafrost (Denmark), Blue Ridge Aquaculture Inc. (United States), Camanchaca (Chile), Cargill, Incorporated (United States), Cermaq ASA (Norway), Charoen Pokphand Foods Public Company Limited (Thailand) and Cooke Aquaculture (Canada) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Dainichi Corporation (Japan), Dongwon Industries Co. (South Korea), Empresas AquaChile S.A. (Chile), Farmocean International A.B. (Sweden) and Grieg Seafood ASA (Norway).
AdvanceMarketAnalytics has segmented the market of Global Aquaculture market by Type, Application and Region.
On the basis of geography, the market of Aquaculture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Environment, the sub-segment i.e. Fresh Water will boost the Aquaculture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fish type, the sub-segment i.e. Carps will boost the Aquaculture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The National Aquaculture Act of 1980, which applies to all federal agencies, states that it is “in the national interest, and it is the national policy, to encourage the development of aquaculture in the United States.” The statutory basis for NOAA’s aquaculture activities includes the Magnuson-Stevens Fishery Conservation and Management Act, the Marine Mammal Protection Act, the Endangered Species Act, the Coastal Zone Management.
- Adoption of Technology Advancements in Offshore Fish Farming
- Acceptance in Farming For New Species in Aquaculture
- Preferable Choice for Nutritious, Low-Fat, and Protein-Rich Seafood
- Consumer Awareness Regarding the Health Benefits of Fish
- Increasing Seafood Trade Propelling Demand
- Development In Inland Fishing and Use of More Sustainable Technology In Aquaculture
- Growing Demand for Good-Quality and Safe Sea Products in Emerging Countries
- Rise In Temperature and Water Pollution
- Harmful Impact on the Environment
- Issue Related to Toxic Additives and Contaminants in Farmed Fish
- Food Safety Concerns Related to Seafood
Key Target AudienceAquaculture product Manufacturer’s importers, and exporters, Aquaculture product Suppliers and Distributors, Aquaculture Importers and Exporters, End-Users, Government and research organizations, Associations and industry bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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