Aquaculture Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, India, Indonesia, Vietnam, Thailand - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 172 SKU: IRTNTR41325

Aquaculture Market Forecast 2024-2028

The aquaculture market size is forecast to increase by USD 94.78 billion, at a CAGR of 6.67% between 2023 and 2028. 

In APAC, the market experiences accelerated growth due to the emergence of robust commercial farming practices and the rising prevalence of dual-income households. This trend augments the purchasing power, leading to increased consumption of nutritious food items like aquaculture products. Companies like Alpha Aqua AS contribute to this market through offerings such as Alpha Algae Solutions, providing advanced aquaculture technologies like NanoRAS, NeroRAS, and Alpha Line. This market surge brings numerous benefits, catering to global consumer trends and forecasts, fostering convenience, and driving market analysis and growth.

Market Overview

The market shows an accelerated CAGR during the forecast period.

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 Market Driver 

The popularity of polyculture farm methodology is notably driving the market growth. Polyculture is gaining popularity in this industry, involving the cultivation of multiple aqua-farming species within the same system. This approach offers several advantages appealing to both farmers and consumers. Firstly, it mitigates the risk of disease outbreaks by fostering diverse and balanced ecosystems compared to monoculture systems.

Further, secondly, it enhances resource utilization efficiency, with some species consuming waste from others, thus promoting sustainability. Thirdly, it facilitates the production of diverse and flavorful seafood, catering to consumer preferences for sustainable and varied options. As more manufacturing systems integrate polyculture techniques, the global market is poised for continued growth, meeting the demands of an increasingly vegan and vegetarian population. Hence, such factors are driving the market during the forecast period.

 Market Trends 

The increased preference for organic activities is the key trend in the market. Consumers are becoming more health and environmentally conscious and willing to pay for sustainably produced seafood free of harmful chemicals. Organic activities are a farming method that avoids the use of antibiotics, synthetic pesticides, and other harmful chemicals and instead relies on natural inputs such as organic feed, probiotics, and organic flake systems.

Moreover, the demand for organic is also driven by growing concerns about the environmental impacts of traditional, such as the use of antibiotics and chemical additives that can pollute waterways and damage marine ecosystems. Organic practices aim to minimize negative environmental impacts and promote the health and welfare of farmed fish. With these trends, people tend to pay more for seafood that is sustainably produced and free of harmful chemicals, the organic market will outperform the conventional market during the forecast period. All these factors will foster the growth of the market during the forecast period.

Market Challenge 

The rising prevalence of pathogenic diseases among aquaculture species may challenge the growth of the market. Diseases can lead to huge losses in production and affect the profitability of the industry. Seafood is vital to the global economy, but marine diseases reduce its economic value. Infectious diseases found in the ocean can affect the quality, growth, and survival of aquatic organisms.

Moreover, the effects of these diseases are even more pronounced in stressful and crowded environments. For example, marine diseases in farmed oysters, shrimp, abalone, and other fish can cost billions of dollars each year. Moreover, it is often difficult to assess the impact of these diseases on species, especially pelagic and subtidal species. Hence, such factors are hindering the market during the forecast period.

Market Segmentation by Culture

The flexibility offered by the net pen culture segment will increase the market growth. The net pen culture segment is a segment of the global market that comprises the cultivation of fish and other aquatic organisms in cages or net pens that are suspended in bodies of water such as oceans, lakes, and rivers. In addition, in this type of culture, fish are kept in a confined space that is enclosed by a netting material that allows water to flow through while containing the fish within. Furthermore, net pens can be located in offshore or nearshore locations, and the fish are fed a formulated diet to promote growth and health. In addition, net pen culture is a popular method of aquaculture because it is relatively simple and cost-effective. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Market Segmentation by Type

The market encompasses a diverse range of elements crucial for the sustainable growth of aquatic food production. Aquaculture manufacturing systems play a pivotal role in enhancing production efficiency and ensuring optimal consumer product quality. Open Aquaculture methods are gaining prominence for their ability to cultivate disease-free fish, thus addressing critical concerns regarding fish health and safety. Technologies like Recirculating Aquaculture Systems (RAS) and Aquaponics are revolutionizing the industry by offering innovative and efficient production solutions. Moreover, Polyculture techniques and Multi-trophic polyculture technology are being explored to maximize resource utilization and promote ecological balance within aquaculture environments. The market is also adapting to changing dietary preferences, with a growing vegan population and increased demand for products suitable for a vegetarian diet.

The fresh water aquaculture segment is estimated to witness significant growth during the forecast period.  The fresh water segment consists of freshwater ponds, tanks, and pens. The segment is also characterized by a wide range of farmers and producers, from small farmers to large commercial producers. The fresh water segment is growing mainly due to declining populations of fish caught in oceans and rivers.

The fresh water aquaculture segment was the largest segment and was valued at USD 129.29 billion in 2018.

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Moreover, freshwater ponds and tanks represent a small percentage of the world's water bodies. However, they are widely used for farming fish and other products. Freshwater bodies are also being used to produce certified organic freshwater, and this is the current trend. The most commonly produced freshwater-farmed species are carp (Cyprinus cario), catfish (Clarias spp. and Pangasius spp.), giant gourami (Osphronemus goramy), and Nile perch (Oreochromis niloticus). Freshwater ornamental fish breeding is also expected to increase during the forecast period due to increased government support and strong export demand. All these factors drive the growth of the segment which in turn drives the market during the forecast period.

Key Regions for the Market

APAC is estimated to contribute 73% to the growth of the global market during the forecast period

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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The market in APAC produces a wide variety of aquatic species. In 2022, China dominated the regional market, accounting for about 70% of the global production of farmed fish, crustaceans, and other seafood. The region is largely dominated by smaller competitors with high levels of government support, especially in countries such as China, Indonesia, India, and Vietnam. In terms of demand, Katra, white-leg shrimp, and pangas catfish were the most popular. Among them, catfish is the fastest-growing breed in terms of sales volume, recording 28% of the annual growth rate. In addition to export growth, domestic consumption of products is also expected to increase significantly given the malnutrition in the region. China's market is growing rapidly, mainly due to the country's geographical conditions favorable for the cultivation of a wide variety of fish species. Economic activity and strong government support are also driving the growth of the market in APAC during the forecast period.

Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting growth and analysis.

  • Key Offering - Austevoll Seafood ASA: The company offers aquaculture such as Russian salmon, which is farmed in the clear and cold waters along the Norwegian coast. The quality and value of salmon depends on maintaining a healthy salmon population and protecting the environment.
  • Key Offering - Blue Ridge Aquaculture Inc: The company offers aquaculture such as tilapia, which is the fourth most consumed fish in the U.S. and its popularity came about due to its affordability, easy preparation, and mild taste.

The  market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

BKV Industries Ltd, Camanchaca SA, Cooke Aquaculture, Grupo Farallon Aquaculture, JBS SA, Leroy Seafood Group ASA, Maruha Nichiro Corp., Mitsubishi Corp., Mowi ASA, NIREUS AQUACULTURE, Nissui Corp., PF Bakkafrost, SalMar ASA, Shanghai Kai Chuang Marine International Co. Ltd., Stolt Nielsen Ltd., Thai Union Group PCL, and The Waterbase Ltd.

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook
    • Fresh water aquaculture
    • Marine water aquaculture
    • Brackish water aquaculture
  • Culture Outlook
    • Net pen culture
    • Floating cage culture
    • Pond culture
    • Rice field culture
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview: 

The market is vital for the food and beverage sector, employing precision farming concepts to cultivate a variety of organisms including fish, algae, shellfish. Growers utilize aquatic plants and agricultural inputs like bio-pesticides to ensure crop production meets industry standards. This industry not only provides a source of livelihood but also contributes to organic food products. Technological advances in aquafarming have led to advancements in rearing processes, feeding, and protection from predators, improving productivity and meeting the demands of changing lifestyles. Moreover, the rising awareness of aquaculture production methods emphasizes the need for sustainable adoption of technologies to reduce environmental risks and increase fish output, ensuring food supply security amidst population growth.

Additionally, industrialization has led to advancements in agriculture, including the adoption of bioagricultural inputs for agricultural security, optimizing stocking and fish reproduction through offshore aquaculture methods, and ensuring adherence to hygiene standards and consumption patterns in the packaged aquaculture products market, while indoor fishing farms implement stringent water circulation and filtration systems to maintain fish farm quality. The market also offers plant-based items like Sea-chi and fermented seaweed salad to cater to high-protein diets and meet the demands of food and beverage consumption. Additionally, with a focus on aquatic animals and cultivable land, aquafarming practices cultivate fin fishes, mollusks, and crabs for consumption. Liquid extracts of marine brown seaweed offer essential fatty acids, vitamins, and minerals, enriching fish consumption. Inland fish production contributes to meeting the demand for micronutrients in the market.

Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.67%

Market Growth 2024-2028

USD 94.78 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.05

Regional analysis

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

Performing market contribution

APAC at 73%

Key countries

China, India, Indonesia, Vietnam, and Thailand

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Alpha Aqua AS, Austevoll Seafood ASA, BKV Industries Ltd, Blue Ridge Aquaculture Inc, Camanchaca SA, Cooke Aquaculture, Grupo Farallon Aquaculture, JBS SA, Leroy Seafood Group ASA, Maruha Nichiro Corp., Mitsubishi Corp., Mowi ASA, NIREUS AQUACULTURE, Nissui Corp., PF Bakkafrost, SalMar ASA, Shanghai Kai Chuang Marine International Co. Ltd., Stolt Nielsen Ltd., Thai Union Group PCL, and The Waterbase Ltd.

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, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and the Middle East and Africa
  • Thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth analysis of factors that will challenge the growth of market companies

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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 Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Culture
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global aquaculture market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global aquaculture market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Culture Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Culture Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Fresh water aquaculture - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Fresh water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Fresh water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Fresh water aquaculture - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Fresh water aquaculture - Year-over-year growth 2023-2028 (%)
    • 6.4 Marine water aquaculture - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Marine water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Marine water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Marine water aquaculture - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Marine water aquaculture - Year-over-year growth 2023-2028 (%)
    • 6.5 Brackish water aquaculture - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Brackish water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Brackish water aquaculture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Brackish water aquaculture - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Brackish water aquaculture - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Culture

    • 7.1 Market segments
      • Exhibit 48: Chart on Culture - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Culture - Market share 2023-2028 (%)
    • 7.2 Comparison by Culture
      • Exhibit 50: Chart on Comparison by Culture
      • Exhibit 51: Data Table on Comparison by Culture
    • 7.3 Net pen culture - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Net pen culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Net pen culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Net pen culture - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Net pen culture - Year-over-year growth 2023-2028 (%)
    • 7.4 Floating cage culture - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Floating cage culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Floating cage culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Floating cage culture - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Floating cage culture - Year-over-year growth 2023-2028 (%)
    • 7.5 Pond culture - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Pond culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Pond culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Pond culture - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Pond culture - Year-over-year growth 2023-2028 (%)
    • 7.6 Rice field culture - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Rice field culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Rice field culture - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Rice field culture - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Rice field culture - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Culture
      • Exhibit 68: Market opportunity by Culture ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Culture ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 Indonesia - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Indonesia - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
    • 9.11 Vietnam - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Vietnam - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Vietnam - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Vietnam - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Vietnam - Year-over-year growth 2023-2028 (%)
    • 9.12 Thailand - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Thailand - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Thailand - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Alpha Aqua AS
              • Exhibit 123: Alpha Aqua AS - Overview
              • Exhibit 124: Alpha Aqua AS - Product / Service
              • Exhibit 125: Alpha Aqua AS - Key offerings
            • 12.4 Austevoll Seafood ASA
              • Exhibit 126: Austevoll Seafood ASA - Overview
              • Exhibit 127: Austevoll Seafood ASA - Business segments
              • Exhibit 128: Austevoll Seafood ASA - Key offerings
              • Exhibit 129: Austevoll Seafood ASA - Segment focus
            • 12.5 Blue Ridge Aquaculture Inc
              • Exhibit 130: Blue Ridge Aquaculture Inc - Overview
              • Exhibit 131: Blue Ridge Aquaculture Inc - Product / Service
              • Exhibit 132: Blue Ridge Aquaculture Inc - Key offerings
            • 12.6 Camanchaca SA
              • Exhibit 133: Camanchaca SA - Overview
              • Exhibit 134: Camanchaca SA - Product / Service
              • Exhibit 135: Camanchaca SA - Key offerings
            • 12.7 Cooke Aquaculture
              • Exhibit 136: Cooke Aquaculture - Overview
              • Exhibit 137: Cooke Aquaculture - Product / Service
              • Exhibit 138: Cooke Aquaculture - Key offerings
            • 12.8 JBS SA
              • Exhibit 139: JBS SA - Overview
              • Exhibit 140: JBS SA - Business segments
              • Exhibit 141: JBS SA - Key offerings
              • Exhibit 142: JBS SA - Segment focus
            • 12.9 Leroy Seafood Group ASA
              • Exhibit 143: Leroy Seafood Group ASA - Overview
              • Exhibit 144: Leroy Seafood Group ASA - Product / Service
              • Exhibit 145: Leroy Seafood Group ASA - Key offerings
            • 12.10 Maruha Nichiro Corp.
              • Exhibit 146: Maruha Nichiro Corp. - Overview
              • Exhibit 147: Maruha Nichiro Corp. - Business segments
              • Exhibit 148: Maruha Nichiro Corp. - Key news
              • Exhibit 149: Maruha Nichiro Corp. - Key offerings
              • Exhibit 150: Maruha Nichiro Corp. - Segment focus
            • 12.11 Mitsubishi Corp.
              • Exhibit 151: Mitsubishi Corp. - Overview
              • Exhibit 152: Mitsubishi Corp. - Business segments
              • Exhibit 153: Mitsubishi Corp. - Key news
              • Exhibit 154: Mitsubishi Corp. - Key offerings
              • Exhibit 155: Mitsubishi Corp. - Segment focus
            • 12.12 Mowi ASA
              • Exhibit 156: Mowi ASA - Overview
              • Exhibit 157: Mowi ASA - Business segments
              • Exhibit 158: Mowi ASA - Key news
              • Exhibit 159: Mowi ASA - Key offerings
              • Exhibit 160: Mowi ASA - Segment focus
            • 12.13 NIREUS AQUACULTURE
              • Exhibit 161: NIREUS AQUACULTURE - Overview
              • Exhibit 162: NIREUS AQUACULTURE - Business segments
              • Exhibit 163: NIREUS AQUACULTURE - Key offerings
              • Exhibit 164: NIREUS AQUACULTURE - Segment focus
            • 12.14 Nissui Corp.
              • Exhibit 165: Nissui Corp. - Overview
              • Exhibit 166: Nissui Corp. - Business segments
              • Exhibit 167: Nissui Corp. - Key offerings
              • Exhibit 168: Nissui Corp. - Segment focus
            • 12.15 PF Bakkafrost
              • Exhibit 169: PF Bakkafrost - Overview
              • Exhibit 170: PF Bakkafrost - Business segments
              • Exhibit 171: PF Bakkafrost - Key offerings
              • Exhibit 172: PF Bakkafrost - Segment focus
            • 12.16 Shanghai Kai Chuang Marine International Co. Ltd.
              • Exhibit 173: Shanghai Kai Chuang Marine International Co. Ltd. - Overview
              • Exhibit 174: Shanghai Kai Chuang Marine International Co. Ltd. - Product / Service
              • Exhibit 175: Shanghai Kai Chuang Marine International Co. Ltd. - Key offerings
            • 12.17 Stolt Nielsen Ltd.
              • Exhibit 176: Stolt Nielsen Ltd. - Overview
              • Exhibit 177: Stolt Nielsen Ltd. - Business segments
              • Exhibit 178: Stolt Nielsen Ltd. - Key offerings
              • Exhibit 179: Stolt Nielsen Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: List of abbreviations

              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.

              INFORMATION 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

              DATA 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

              REPORT 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 market market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • 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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