Water Treatment for Aquaculture Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Indonesia, Germany - Size and Forecast 2023-2027

Water Treatment for Aquaculture Market 2023-2027

The water treatment for aquaculture market size is estimated to grow at a CAGR of 6.13% between 2022 and 2027. The market size is forecast to increase by USD 4.17 billion. The market's expansion hinges on various factors, including heightened recognition of the health advantages associated with aquaculture products, escalating pollution levels within aquaculture environments, and the implementation of stringent regulations governing practices. Challenges encompass substantial investment requirements for aquatic water treatment, limited uptake of treatment methodologies in aquaculture within developing nations, and operational hurdles encountered in aquatic treatment processes. Our report examines historic data from 2017 to 2021 besides analyzing the current market scenario.

What will be the Size of the Water Treatment Market For Aquaculture During the Forecast Period?

Water Treatment Market for Aquaculture Market Forecast 2023-2027

To learn more about this report,  Request Free Sample

Segmentation

This market report extensively covers market segmentation by area (freshwater and marine), technology (open systems and closed systems), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. 

Area Segment Analysis:

The market share growth by the freshwater segment will be significant during the forecast period. The freshwater aquaculture environment includes ponds, tanks, and cages in freshwater. Due to the drop in the population of captured fish in oceans and rivers, freshwater aquaculture is growing.

Get a Customised Report as per your requirements for FREE!

The freshwater segment was the largest and was valued at USD 8.50 billion in 2017. Also, the aquaculture industry is characterized by the existence of a broad range of farmers and producers ranging from small-scale operators to large-scale commercial producers. Freshwater ponds and tanks are extensively used to culture fish and other aquaculture products despite constituting a minor percentage of the global water bodies, which in turn boost the demand for aquaculture. The culture of freshwater ornamental fish is also expected to rise due to the increase in government support and major export demand, which, in turn, will drive the growth of the freshwater segment, thereby fueling the market for aquaculture during the forecast period.

Technology Segment Analysis: 

In 2022, open systems had the largest market share in the global market for aquaculture. In a wide variety of environments, including freshwater rivers, brackish estuaries, and coastal marine areas, open systems are used for aquaculture. The major reason that increases the chance of water contamination is that the cultivation of aquaculture species is reliant on freshwater sources such as ponds, lakes, and more, which are open to the atmosphere. However, the culture of multiple shellfish species is carried out in systems open to natural waterways. Therefore, the rising dependence of aquaculture on open systems is anticipated to drive the demand, which in turn will boost the growth of the global market for aquaculture during the forecast period.

Regional Analysis

For more insights on the market share of various regions View PDF Sample now!

APAC is estimated to contribute 43% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The aquaculture industry in the APAC region comprises various producers of aquatic species. In 2022, China dominated APAC's aquaculture production, accounting for around 70% of the global production of farmed fish, crustaceans, and other aquatic products. Good water quality is crucial for fish health and performance at all stages of production.

Moreover, aquaculture causes turbidity due to suspended fine particles, which can be caused by suspended solids (clay) or plankton. This can help control the turbidity of pond clay. As the demand for high-quality and nutritious food products like aquaculture products rises in the region, it is expected that the demand will increase significantly, which, in turn, will drive the growth of the regional market for aquaculture during the forecast period.

Market Dynamics and Customer Landscape

The market is experiencing significant growth driven by several key drivers and trends. One such driver is the increasing adoption of Recirculating Aquaculture Systems (RAS) in aquaculture practices. RAS technology allows for efficient

management, reducing the environmental impact of aquaculture operations by recycling water and minimizing water wastage. This technology is particularly appealing to professionals and hobbyists in the aquaculture industry who seek to maintain optimal water quality for aquatic organisms such as fish, shellfish, and plants. Additionally, the rising awareness of the importance in maintaining water quality and the health of aquatic organisms is fueling the demand for advanced filtration systems and technologies, driving the growth of the market.

Another significant trend shaping the market is the integration of IoT (Internet of Things) technology systems. IoT-enabled monitoring and control systems provide real-time data on water quality parameters and system performance, allowing for proactive maintenance and optimization processes. This trend is driven by the need to improve operational efficiency, reduce energy consumption, and lower capital expenses associated with systems. As health-conscious consumers continue to prioritize nutritional value and sustainable sourcing in their food choices, the demand for protein-rich foods from aquaculture is expected to rise, further driving the need for efficient solutions to support the growth of aquaculture operations and meet the demands of the growing global population.

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Drive - Rising awareness of health benefits related to aquaculture products

Aquaculture is the farming of aquatic organisms like fish, crustaceans, mollusks, and aquatic plants. These products are rich in protein, vitamins, minerals, and omega-3 fatty acids, making them a healthy source of food. Due to increasing health consciousness and interest in consuming nutritious foods, the demand for aquaculture products has been steadily increasing. Additionally, the growth of the global population has led to an increased demand for protein-rich foods, which has contributed to the growth of the aquaculture industry. This, in turn, has fueled the demand for healthy aquaculture products, which may positively influence market growth.

Moreover, malnutrition is a global problem, and compared with terrestrial meat products such as poultry, aquatic species offer many benefits to human health. It is well-documented that aquatic animals produce abundant omega-3 fatty acids as a source of dietary lipids and provide low-calorie but high-quality essential proteins. This has led to increased demand for aquatic products, forcing producers to adopt effective solutions for healthy production. Therefore, the rising awareness of the health benefits associated with aquaculture products is expected to fuel the growth of the global market for aquaculture during the forecast period.

Trends - Growing use of advanced and intelligent technologies in water treatment

The increasing use of advanced and intelligent technologies is a major one of the market trends. New innovations and technological advancements are transforming the landscape. Smart technologies such as automation, the IoT, and Industry 4.0, have reduced human interventions, which are bringing energy advantages and better asset management capabilities. Such technologies are being deployed at various stages, making the related equipment more efficient.

In addition, the deployment of IoT technologies, Industry 4.0, and pump technology will expand operational efficiency, bring a higher return on investment (ROI) for manufacturers, and broaden the application scope. The rapid change in technology to enhance productivity and lower operating costs for aquaculture will be a significant trend in the market for aquaculture during the forecast period.

Challenge - High investment cost of aquatic water treatment

Various operational challenges faced during the installation and operation of such equipment are limiting the growth of the market due to the high cost of the equipment. Rising energy consumption is another challenge faced by aquaculture farmers. Such challenges make aquaculture end-users reluctant as it augments their operating cost and affects the operational efficiency of the treatment facilities. Incorporating these systems, including mechanical, biological, and chemical processes, increases capital costs. Such systems are crucial in lowering waste, excess nutrients, and pathogens from culture water to assure a healthy and sustainable environment for aquaculture species such as fish.

Furthermore, monitoring the optimal water quality needs particular equipment, such as water filtration systems. Such systems usually need cutting-edge techniques to maintain and manage factors such as temperature, oxygen, and more which may limit the growth of the aquaculture market. Therefore, the high costs associated with the equipment are anticipated to hinder the growth of the market for aquaculture during the forecast period.

Who are the Major Water Treatment Market for Aquaculture Companies?

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.

Arvia Water Technologies Ltd - The company offers water treatment products for aquaculture, such as Aqua Armor C 100 clarifying agent in powder form, which effectively reduces turbidity and toxicity and improves the water quality.

We also have detailed analyses of the market’s competitive landscape and offer information on 10 market companies, including:

Arvia Water Technologies Ltd, BioFishency Ltd., Blue Ridge Aquaculture Inc, Innovasea Systems Inc., Membrane Group, NaturalShrimp Inc., Pentair plc., Veolia Environnement SA, Xylem Inc., Aditya Birla Management Corp. Pvt. Ltd., and Euroteck Environmental Pvt. Ltd. 

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report analysis forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Area Outlook
  • Freshwater
  • Marine

• Technology Outlook 
  • Open systems
  • Closed systems

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile 
    • Argentina
    • Brazil 
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing notable growth, driven by increasing concerns about aquaculture water treatment and the maintenance of water quality in aquariums and fish farms. Advanced technologies such as mechanical and biological filters, UV-C lights, and ultraviolet (UV) light disinfection systems are increasingly utilized to combat contaminants and prevent diseases in aquatic organisms. With the rise of water scarcity and environmental concerns, there's a growing demand for efficient solutions, including custom systems and automatic filtration setups. Moreover, the market benefits from the integration of Internet of Things (IoT) technology for real-time monitoring and maintenance, catering to both hobbyists and professionals in the aquaculture industry.

Moreover, the market is witnessing notable growth driven by factors such as the increasing demand for recirculating aquaculture systems (RAS) and the adoption of advanced filtration technologies. With a focus on disease prevention and biosecurity, aquaculture operators are implementing mechanical filters, aerators, and disease prevention measures to maintain optimal water quality. Innovations like the Disc Filtration System and automated filtration systems are gaining traction, while research on beneficial bacteria enhances disease-free environments. As online shopping for aquaculture products surges, e-commerce platforms cater to both residential and commercial aquarium owners, aligning with stringent water quality regulations and promoting mental well-being through aquascapes.

Water Treatment Market For Aquaculture Scope
Report Coverage	Details
Page number	144
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.13%
Market growth 2023-2027	USD 4.17 billion
Market structure	Concentrated
YoY growth 2022-2023(%)	5.69
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 43%
Key countries	US, China, India, Indonesia, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Arvia Water Technologies Ltd, BioFishency Ltd., Blue Ridge Aquaculture Inc, Innovasea Systems Inc., Membrane Group, NaturalShrimp Inc., Pentair plc., Veolia Environnement SA, Xylem Inc., Aditya Birla Management Corp. Pvt. Ltd., and Euroteck Environmental Pvt. Ltd.
Market dynamics	Parent market analysis, Market forecasting, 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	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

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

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch