Home >> Business >> Global Aquaculture Market Size Worth USD 209.42 Billion by 2021

Global Aquaculture Market Size Worth USD 209.42 Billion by 2021

Aquaculture Market
Aquaculture Market

Zion Research has published a new report titled “Aquaculture Market (Carp, Molluscs, Crustaceans, Salmon, Trout and Other Fish) by Culture (Marine Water, Fresh Water and Brackish Water): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for aquaculture market was valued at USD 156.27 billion in 2015 and is expected to reach USD 209.42 billion in 2021, growing at a CAGR of 5.0% between 2016 and 2021. In terms of volume, the global demand for aquaculture stood at 71,190-kilo tons in 2015.

Get a copy of free Sample Report @  https://www.zionmarketresearch.com/sample/aquaculture-market

Aquaculture is an occupation in which fishing farming is practiced in the different cultures such as marine water, fresh water, and brackish water. Different spices of fish are cultivated and harvested in an ideal condition through aquaculture. This fish are further commercialized for different applications such as food industry, dietary supplement and among others.

Reduction in catchments of fish farming across the global is a major force that is expected to drive the global aquaculture market. Use of fish oil for various industries such as dietary supplements, food industry, healthcare, and pharmaceutical is likely to boost the demand for aquaculture in near future. However, the adverse climatic conditions are the major restraint that may hinder the growth of aquaculture market. Nonetheless, new developing trends in aquaculture such as adoption of rice-fish culture are likely to open new avenues for the major manufacturer of the global aquaculture market in near future years.

Know more before buying this report @  https://www.zionmarketresearch.com/inquiry/aquaculture-market

Marine culture, fresh water, and brackish water are three types of the culture of global aquaculture market. Freshwater farming was the leading culture for global aquaculture market in 2015. It is the most preferred culture for fish farming in which the concrete ponds are used and different fish species are cultivated. It is predicted to grow at strong CAGR in near future. In marine culture, the fish farming is carried in salty water such as seas and oceans. This segmented is expected to grow in coming years due to the growing demand for salt water species among consumers. Moreover, brackish water farming is a mixture of salt and fresh water which likely to grow at the decent rate within the forecast period.

Based on product segment, the global aquaculture market is segmented into carp, molluscs, crustaceans, salmon, trout and other fish. Carp dominated the global aquaculture market in 2015. It accounted for over 32.0% shares of the entire market and it is also predicted to continue its dominance over the market in near future. Moreover, molluscs are expected to be the fastest growing product segment of global aquaculture market owing to the penetration of rice-fish culture within the forecast period.

Purchase a direct copy of report with TOC @  https://www.zionmarketresearch.com/buynow/su/aquaculture-market

Asia Pacific dominated the market of aquaculture in 2015. China was the largest country in Asia Pacific that accounted for above 58.0% shares of the entire market in 2015. The attributes such as abundant of natural resources, cheap labors, and suitable weather conditions are expected to trigger the demand of aquaculture in China within the forecast period. Moreover, North America and Europe is likely to have lucrative growth during the years to come due to the high penetration of advanced techniques and tools. In addition, Latin America is also expected to witness gradual growth in market size in next few years.
Some of the key participants operating in the global aquaculture market include Nireus Aquaculture S.A., Blue Ridge Aquaculture, Cermaq ASA, Cooke Aquaculture Inc., Tassal Group Ltd., The Waterbase Limited, Zeal Aqua, Selonda Aquaculture S.A., Carter & Sons Ltd and NSF Certification UK Ltd among others.

Browse the full report at https://www.zionmarketresearch.com/report/aquaculture-market

The report segments the global aquaculture market as:

Global Aquaculture Market: Culture Analysis

  • Marine Water
  • Freshwater
  • Brackish Water

Global Aquaculture Market: Product Analysis

  • Carp
  • Molluscs
  • Crustaceans
  • Salmon
  • Trout
  • Other Fish

Global Aquaculture Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East & Africa

About Us

Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather and analyse information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact US:

Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *