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Aquaculture Cages Market by Environment and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 133
  • SKU: IRTNTR70647
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The aquaculture cages market share is expected to increase to USD 70 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.09%.

This aquaculture cages market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers aquaculture cages market segmentation by environment (freshwater aquaculture cages and marine and brackish water aquaculture cages) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The aquaculture cages market report also offers information on several market vendors, including AKVA group, Alfa Laval Corporate AB, Asakua Su Urunleri Ltd., Badinotti Group SPA, China Lesso Group Holdings Ltd., Das and Kumars, Fish Farm LLC, Gael Force Group Ltd., Garware Technical Fibres Ltd., GiliOcean Technology Ltd., KJ, Linde Plc, MSD AQUACULTURE, Officine Maccaferri S.p.A., Pioneer Group Of Industries, Qingdao Qihang Fishing Cage Co. Ltd., Selstad AS, Serge Ferrari SAS, SRR Aqua Suppliers LLP, and Vaidika Group among others.

What will the Aquaculture Cages Market Size be During the Forecast Period?

Aquaculture Cages Market Size

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Aquaculture Cages Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising consumer inclination toward nutrient-rich fish and fish products is notably driving the aquaculture cages market growth, although factors such as the potential challenges associated with cage aquaculture may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the aquaculture cages industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Aquaculture Cages Market Driver

One of the key factors driving the global aquaculture cages market growth is the rising consumer inclination toward nutrient-rich fish and fish products. A high number of aquaculture products, such as shrimp and salmon, which are highly nutritious and good sources of essential proteins, vitamins, and minerals, are obtained through cage aquaculture. Fish provides vitamins A, B, D, and niacin. Fish and fish products are also a good source of omega-3 fatty acids such as eicosapentaenoic acid and docosahexaenoic acid. The human body cannot produce omega-3 fatty acids on its own; it needs to obtain them from external sources, fish being one such source. The consumption of fish has a significant influence on the human diet. Fish provides essential amino acids that are present in low quantities in vegetable-based diets. Such factors will be driving the need for aquaculture production and, subsequently, aquaculture cages in the forecast years.

Key Aquaculture Cages Market Trend

The growing end-user inclination toward HDPE aquaculture cages is one of the key aquaculture cages market trends that is expected to impact the industry positively in the forecast period. The versatility of the materials used, comparatively limited capital requirement, and relative simplicity in the performance of various aquaculture operations boost the demand for HDPE aquaculture cages. The main structural element of HDPE aquaculture cages is HDPE pipes. HDPE pipes can be assembled in various ways to produce collars of different sizes and shapes. Some of the prominent vendors offering HDPE aquaculture cages are Badinotti Group, Garware Technical Fibres, and AKVA group. For instance, Garware Technical Fibres offers numerous varieties of HDPE aquaculture cages with diameters varying between four millimeters (mm) and 48 mm. The benefits offered by HDPE aquaculture cages will encourage end-user investment in new models of HDPE cages, thereby supporting market growth.

Key Aquaculture Cages Market Challenge

One of the key challenges to the global aquaculture cages market growth is the potential challenges associated with cage aquacultures such as increased nutrient loss, early forms of stress in fish, and fish escape. The presence of uneaten feed and fecal waste and excreta in aquaculture cages affects the water quality and the nutrient content in the water. Fish escapes from aquaculture cages reduce the quantity of fish in aquaculture cages and affect the potential profitability of aquaculture farmers. The placement of aquaculture cages in a low-dissolved oxygen environment may also reduce the possible outcome for aquaculture farmers. Another issue associated with cage aquaculture is predation. Turtles, otters, snakes, and fish-eating birds may prey on fish and reduce the quantity of fish in aquaculture cages. Such issues may hamper the market growth in the forecast years.

This aquaculture cages market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global aquaculture cages market as a part of the global agricultural and farm machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the aquaculture cages market during the forecast period.

Who are the Major Aquaculture Cages Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AKVA group
  • Alfa Laval Corporate AB
  • Asakua Su Urunleri Ltd.
  • Badinotti Group SPA
  • China Lesso Group Holdings Ltd.
  • Das and Kumars
  • Fish Farm LLC
  • Gael Force Group Ltd.
  • Garware Technical Fibres Ltd.
  • GiliOcean Technology Ltd.
  • KJ
  • Linde Plc
  • MSD AQUACULTURE
  • Officine Maccaferri S.p.A.
  • Pioneer Group Of Industries
  • Qingdao Qihang Fishing Cage Co. Ltd.
  • Selstad AS
  • Serge Ferrari SAS
  • SRR Aqua Suppliers LLP
  • Vaidika Group

 

This statistical study of the aquaculture cages market encompasses successful business strategies deployed by the key vendors. The aquaculture cages market is fragmented and the vendors are deploying growth strategies such as offering aquaculture cages with differentiated features to compete in the market.

Product Insights and News

  • AKVA group - The company offers aquaculture cages such as fish tanks for all species.
  • Badinotti Group SPA - The company offers aquaculture cages under the brands Combinet, Duramax, and Xnext.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The aquaculture cages market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Aquaculture Cages Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the aquaculture cages market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Aquaculture Cages Market?

Aquaculture Cages Market Share by Geography

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72% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for aquaculture cages in APAC. Market growth in this region will be faster than the growth of the market in Middle East and Africa.

The rising aquaculture in the region, which increases the demand for aquaculture accessories, will facilitate the aquaculture cages market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak negatively impacted the regional aquaculture cages market in the first half of 2020. The rise in the number of COVID-19 cases led to the temporary closure of international trade. In H2 2020, due to the availability of vaccines, the number of COVID-19 cases in the region reduced, and the lockdowns and other pandemic-related restrictions were eased. The consumer demand for packaged and frozen products, including frozen and canned fish, increased in H2 2020, as these products could be stored for long periods. As the regional market recovers from the negative impact of COVID-19, Owing to the increased popularity of cage aquaculture in this region, the regional demand for aquaculture cages will rebound during the forecast period.

What are the Revenue-generating Environment Segments in the Aquaculture Cages Market?

Aquaculture Cages Market Share

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The aquaculture cages market share growth by the freshwater aquaculture cages segment will be significant during the forecast period. Some of the common species of fish produced in freshwater aquaculture cages are carp, tilapia, rainbow trout, and channel catfish. Freshwater cage aquaculture is an important industry as it helps meet the growing demand for freshwater fish. Freshwater cage farming is also an ideal option for aquaculture farmers that are involved in aquaculture on a small scale. The growing end-user inclination toward such models of freshwater aquaculture cages will propel the market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the aquaculture cages market size and actionable market insights on post COVID-19 impact on each segment.

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Aquaculture Feed market - The market share is expected to increase by USD 21.68 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.92%.

Aquaculture market - The market share is expected to increase by USD 51.94 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.27%.

Aquaculture Cages Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.09%

Market growth 2022-2026

$ 70 million

Market structure

Fragmented

YoY growth (%)

3.52

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 72%

Key consumer countries

US, China, India, Vietnam, and Norway

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AKVA group, Alfa Laval Corporate AB, Asakua Su Urunleri Ltd., Badinotti Group SPA, China Lesso Group Holdings Ltd., Das and Kumars, Fish Farm LLC, Gael Force Group Ltd., Garware Technical Fibres Ltd., GiliOcean Technology Ltd., KJ, Linde Plc, MSD AQUACULTURE, Officine Maccaferri S.p.A., Pioneer Group Of Industries, Qingdao Qihang Fishing Cage Co. Ltd., Selstad AS, Serge Ferrari SAS, SRR Aqua Suppliers LLP, and Vaidika Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Aquaculture Cages Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive aquaculture cages market growth during the next five years
  • Precise estimation of the aquaculture cages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aquaculture cages industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aquaculture cages market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Environment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Environment

    • 5.1 Market segments
      • Exhibit 24: Chart on Environment - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Environment - Market share 2021-2026 (%)
    • 5.2 Comparison by Environment
      • Exhibit 26: Chart on Comparison by Environment
      • Exhibit 27: Data Table on Comparison by Environment
    • 5.3 Freshwater aquaculture cages - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Freshwater aquaculture cages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Freshwater aquaculture cages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Freshwater aquaculture cages - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Freshwater aquaculture cages - Year-over-year growth 2021-2026 (%)
    • 5.4 Marine and brackish water aquaculture cages - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Marine and brackish water aquaculture cages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Marine and brackish water aquaculture cages - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Marine and brackish water aquaculture cages - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Marine and brackish water aquaculture cages - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Environment
      • Exhibit 36: Market opportunity by Environment ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 India - Market size and forecast 2021-2026
      • Exhibit 66: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.10 Vietnam - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Vietnam - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Vietnam - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Vietnam - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Vietnam - Year-over-year growth 2021-2026 (%)
    • 7.11 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.12 Norway - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Norway - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Norway - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Norway - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Norway - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 AKVA group
              • Exhibit 89: AKVA group - Overview
              • Exhibit 90: AKVA group - Business segments
              • Exhibit 91: AKVA group - Key news
              • Exhibit 92: AKVA group - Key offerings
              • Exhibit 93: AKVA group - Segment focus
            • 10.4 Badinotti Group SPA
              • Exhibit 94: Badinotti Group SPA - Overview
              • Exhibit 95: Badinotti Group SPA - Product / Service
              • Exhibit 96: Badinotti Group SPA - Key offerings
            • 10.5 Das and Kumars
              • Exhibit 97: Das and Kumars - Overview
              • Exhibit 98: Das and Kumars - Product / Service
              • Exhibit 99: Das and Kumars - Key offerings
            • 10.6 Gael Force Group Ltd.
              • Exhibit 100: Gael Force Group Ltd. - Overview
              • Exhibit 101: Gael Force Group Ltd. - Product / Service
              • Exhibit 102: Gael Force Group Ltd. - Key news
              • Exhibit 103: Gael Force Group Ltd. - Key offerings
            • 10.7 Garware Technical Fibres Ltd.
              • Exhibit 104: Garware Technical Fibres Ltd. - Overview
              • Exhibit 105: Garware Technical Fibres Ltd. - Business segments
              • Exhibit 106: Garware Technical Fibres Ltd. - Key offerings
              • Exhibit 107: Garware Technical Fibres Ltd. - Segment focus
            • 10.8 Qingdao Qihang Fishing Cage Co. Ltd.
              • Exhibit 108: Qingdao Qihang Fishing Cage Co. Ltd. - Overview
              • Exhibit 109: Qingdao Qihang Fishing Cage Co. Ltd. - Product / Service
              • Exhibit 110: Qingdao Qihang Fishing Cage Co. Ltd. - Key offerings
            • 10.9 Selstad AS
              • Exhibit 111: Selstad AS - Overview
              • Exhibit 112: Selstad AS - Product / Service
              • Exhibit 113: Selstad AS - Key news
              • Exhibit 114: Selstad AS - Key offerings
            • 10.10 Serge Ferrari SAS
              • Exhibit 115: Serge Ferrari SAS - Overview
              • Exhibit 116: Serge Ferrari SAS - Product / Service
              • Exhibit 117: Serge Ferrari SAS - Key offerings
            • 10.11 SRR Aqua Suppliers LLP
              • Exhibit 118: SRR Aqua Suppliers LLP - Overview
              • Exhibit 119: SRR Aqua Suppliers LLP - Product / Service
              • Exhibit 120: SRR Aqua Suppliers LLP - Key offerings
            • 10.12 Vaidika Group
              • Exhibit 121: Vaidika Group - Overview
              • Exhibit 122: Vaidika Group - Product / Service
              • Exhibit 123: Vaidika Group - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 124: Inclusions checklist
                • Exhibit 125: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 126: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 127: Research methodology
                • Exhibit 128: Validation techniques employed for market sizing
                • Exhibit 129: Information sources
              • 11.5 List of abbreviations
                • Exhibit 130: List of abbreviations
              • effect of climate change on agricultural production: Agricultural production is directly dependent on climate changes, such as a rise in temperature. Unfavorable climate change can affect agricultural production. For instance, an increase in temperature can reduce yields, thereby affecting the potential profitability of end-users. Agriculture plays a key role in the overall economic growth of many countries. A rise in temperature is mainly attributed to the increase in greenhouse gas emissions, including fluorinated gases, nitrous oxide, carbon dioxide, and methane, which can negatively affect water and land resources, resulting in floods and droughts. Such adverse effects of climate change can reduce the scope of farming and adversely affect the sales opportunities of agricultural and farm machinery.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Aquaculture Cages Market market growth will increase by $70 mn during 2022-2026.
                The aquaculture cages market market is expected to grow at a CAGR of 5.09% during 2022-2026.
                Technavio has segmented the aquaculture cages market market by geography (APAC, North America, Europe, South America, Middle East and Africa, APAC, North America, Europe, South America, and Middle East and Africa).
                AKVA group, Alfa Laval Corporate AB, Asakua Su Urunleri Ltd., Badinotti Group SPA, China Lesso Group Holdings Ltd., Das and Kumars, Fish Farm LLC, Gael Force Group Ltd., Garware Technical Fibres Ltd., GiliOcean Technology Ltd., KJ, Linde Plc, MSD AQUACULTURE, Officine Maccaferri S.p.A., Pioneer Group Of Industries, Qingdao Qihang Fishing Cage Co. Ltd., Selstad AS, Serge Ferrari SAS, SRR Aqua Suppliers LLP, Vaidika Group are a few of the key vendors in the aquaculture cages market market.
                APAC will register the highest growth rate of 72% among the other regions. Therefore, the aquaculture cages market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the aquaculture cages market market growth are:
                • Rising consumer inclination toward nutrient-rich fish and fish products
                • Growing end-user inclination toward HDPE aquaculture cages
                The aquaculture cages market market vendors should focus on grabbing business opportunities from the apac segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
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                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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