Global Aquaculture Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Aquaculture Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Environment (Marine Water, Fresh Water, and Brackish Water), Species (Fishes, Crustaceans, Mollusca, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Aquaculture Market was valued at USD 347,922.1 million in 2023 and is expected to reach USD 558,733.9 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global aquaculture market growth. Aquaculture is the controlled farming of aquatic organisms like fish, crustaceans, mollusks, and plants, in both freshwater and saltwater environments. It serves multiple purposes such as food Speciesion, replenishing natural populations, conservation, research, and ornamental fish breeding.
Advancements in aquaculture technology, such as enhanced breeding methods and disease control, drive the growth of the market. However, environmental concerns and regulatory hurdles could hinder market expansion despite the rising demand for seafood.
Furthermore, the global aquaculture industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Environment Analysis
The Global Aquaculture Market is segmented among Marine Water, Fresh Water, and Brackish Water, based on Environment. In 2023, Fresh Water accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Species Analysis
The Global Aquaculture Market is segmented among Fishes, Crustaceans, Mollusca, and Others, based on Species. In 2023, Fishes accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Aquaculture Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Blue Ridge Aquaculture, Cermaq ASA, Eastern Fish Co., Selonda Aquaculture S.A., Cooke Aquaculture, Nippon Suisan Kaisha Ltd, Thai Union Group Plc., Alpha Group Ltd., Marine harvest ASA, Leroy Seafood Group ASA, and Tassal Group Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Aquaculture Market Dynamics
Drivers
Restraints
Opportunity
4. Global Aquaculture Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Aquaculture Market Segmentation, By Environment
Global Aquaculture Market Share Analysis, By Environment
Global Aquaculture Market Growth Analysis, By Environment
Global Aquaculture Market Trends, By Environment
o Marine Water
o Fresh Water
o Brackish Water
6. Global Aquaculture Market Segmentation, By Species
Global Aquaculture Market Share Analysis, By Species
Global Aquaculture Market Growth Analysis, By Species
Global Aquaculture Market Trends, By Species
o Fishes
o Crustaceans
o Mollusca
o Others
7. Global Aquaculture Market Segmentation, By Region
Global Aquaculture Market Share Analysis, By Region
Global Aquaculture Market Growth Analysis, By Region
Global Aquaculture Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Blue Ridge Aquaculture*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Cermaq ASA
Eastern Fish Co.
Selonda Aquaculture S.A.
Cooke Aquaculture
Nippon Suisan Kaisha Ltd
Thai Union Group Plc.
Alpha Group Ltd.
Marine harvest ASA
Leroy Seafood Group ASA
Tassal Group Limited
*Similar analysis will be provided for each company listed above.
