The Aquaculture Meat market size was valued at USD 7.4 Bn in 2022 and is expected to reach USD 21.40 Bn by 2030, and grow at a CAGR of 14.2% over the forecast period of 2023-2030.
There has been an immense growth in the rise of demand for seafood all around the globe. The aquaculture market is basically the fish farming process which includes several activities such as feeding them, protecting them from danger also keeping track of them, Aquaculture is a major form of business for many farmers all around the globe, and there has been a growth in the production of fish farming around the ocean to meet the rising demand of the seafood.
During the outbreak of covid 19, it became difficult for the aquaculture market to grow because of the supply chain disruptions, and also the delivery sources were not available due to the lockdown rules imposed by the government. The post-pandemic situation is been stabilized due to the increase in demand for sea foods and also due to the increase in production and the awareness of consumption of seafood.
Drivers
Restrains
The rise in adoption of veganism, and also the ongoing trend of veganism
Opportunities
The increase in the consumption of fish and the chance of an increase in profitability is due to the same.
Challenges
Rules and regulations against animal killing are the biggest challenges for the aquaculture market.
By Product Type
Equipment
Pharmaceuticals
Fertilizers
By Culture
Freshwater
Brackish Water
Marine
By Species
Aquatic Plants
Aquatic Animals
Impact of Russia Ukraine war had a great impact on the seafood sector as the overall prices of raw materials led to an increase in the operating cost for aqua farmers, and fishermen. The European Commission has responded with energy measures and adapting state aid rules which had a negative impact on the aquaculture market.
The aquaculture market may have little impact due to the recession as there will be an economic barrier for every individual, also the trend of adopting veganism all around the globe may be the restraining factor for this market during the recession.
Asia Pacific will be expected to dominate the aquaculture market with the immense growth of market share due to the rise in demand for sea foods and also because of the benefits which come along with the consumption of sea foods.
By region
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are Aquaculture Technologies for ASIA Ltd, Alpha group Ltd, CERMAQ Group As, Marine Harvest Asa, Thai Union Group, Pentair plc, AKVA group, Xylem, Luxcol, Lifeguard Aquatics.
The market size for this market in 2022 was USD 7.4 Bn.
Ongoing vegan trend all around the globe.
Supply chain management was the biggest element because of which this market got affected during covid 19.
APAC is said to be the region that will dominate the aquaculture market due to the rise in demand for sea foods.
There are two end users for the aquaculture market i.e., B2B and B2C.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war.
4.3 Impact of Current Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Aquaculture Meat Market Segmentation, By Product Type
8.1 Equipment
8.2 Pharmaceuticals
8.3 Fertilizers
9 Aquaculture Protein Market Segmentation, By Culture
9.1 Freshwater
9.2 Brackish Water
9.3 Marine
10 Aquaculture Meat Market Segmentation, By Species
10.1 Aquatic Plants
10.2 Aquatic Animals
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.1.1 USA Aquaculture Meat Market By Product Type
11.2.1.2 USA Aquaculture Meat Market By Culture
11.2.1.3 USA Aquaculture Meat Market By Species
11.2.2 Canada
11.2.2.1 Canada Aquaculture Meat Market By Product Type
11.2.2.2 Canada Aquaculture Meat Market By Culture
11.2.2.3 Canada Aquaculture Meat Market By Species
11.2.3 Mexico
11.2.3.1 Mexico Aquaculture Meat Market By Product Type
11.2.3.2 Mexico Aquaculture Meat Market By Culture
11.2.3.3 Mexico Aquaculture Meat Market By Species
11.3 Europe
11.3.1 Germany
11.3.1.1 Germany Aquaculture Meat Market By Product Type
11.3.1.2 Germany Aquaculture Meat Market By Culture
11.3.1.2 Germany Aquaculture Meat Market By Species
11.3.2 UK
11.3.2.1 UK Aquaculture Meat Market By Product Type
11.3.2.2 UK Aquaculture Meat Market By Culture
11.3.2.3 UK Aquaculture Meat Market By Species
11.3.3 France
11.3.3.1 France Aquaculture Meat Market By Product Type
11.3.3.2 France Aquaculture Meat Market By Culture
11.3.3.3 France Aquaculture Meat Market By Species
11.3.4 Italy
11.3.4.1 Italy Aquaculture Meat Market By Product Type
11.3.4.2 Italy Aquaculture Meat Market By Culture
11.3.4.3 Italy Aquaculture Meat Market By Species
11.3.5 Spain
11.3.5.1 Spain Aquaculture Meat Market By Product Type
11.3.5.2 Spain Aquaculture Meat Market By Culture
11.3.5.3 Spain Aquaculture Meat Market By Species
11.3.6 The Netherlands
11.3.6.1 Netherlands Aquaculture Meat Market By Product Type
11.3.6.2 Netherlands Aquaculture Meat Market By Culture
11.3.6.3 Netherlands Aquaculture Meat Market By Species
11.3.7 Rest of Europe
11.3.7.1 Rest of Europe Aquaculture Meat Market By Product Type
11.3.7.2 Rest of Europe Aquaculture Meat Market By Culture
11.3.7.3 Rest of Europe Aquaculture Meat Market By Species
11.4 Asia-Pacific
11.4.1 Japan
11.4.1.1 Japan Aquaculture Meat Market By Product Type
11.4.1.2 Japan Aquaculture Meat Market By Culture
11.4.1.3 Japan Aquaculture Meat Market By Species
11.4.2 South Korea
11.4.2.1 South Korea Aquaculture Meat Market By Product Type
11.4.2.2 South Korea Aquaculture Meat Market By Culture
11.4.2.3 South Korea Aquaculture Meat Market By Species
11.4.3 China
11.4.3.1 China Aquaculture Meat Market By Product Type
11.4.3.2 China Aquaculture Meat Market By Culture
11.4.3.3 China Aquaculture Meat Market By Species
11.4.4 India
11.4.4.1 India Aquaculture Meat Market By Product Type
11.4.4.2 India Aquaculture Meat Market By Culture
11.5.4.3 India Aquaculture Meat Market By Species
11.4.5 Australia
11.4.5.1 Australia Aquaculture Meat Market By Product Type
11.4.5.2 Australia Aquaculture Meat Market By Culture
11.4.5.3 Australia Aquaculture Meat Market By Species
11.4.6 Rest of Asia-Pacific
11.4.6.1 APAC Aquaculture Meat Market By Product Type
11.4.6.2 APAC Aquaculture Meat Market By Culture
11.4.6.3 APAC Aquaculture Meat Market By Species
11.5 The Middle East & Africa
11.5.1 Israel
11.5.1.1 Israel Aquaculture Meat Market By Product Type
11.5.1.2 Israel Aquaculture Meat Market By Culture
11.5.1.3 Israel Aquaculture Meat Market By Species
11.5.2 UAE
11.5.2.1 UAE Aquaculture Meat Market By Product Type
11.5.2.2 UAE Aquaculture Meat Market By Culture
11.5.2.3 UAE Aquaculture Meat Market By Species
11.5.3 South Africa
11.5.3.1 South Africa Aquaculture Meat Market By Product Type
11.5.3.2 South Africa Aquaculture Meat Market By Culture
11.5.3.3 South Africa Aquaculture Meat Market By Species
11.5.4 Rest of Middle East & Africa
11.5.4.1 Rest of Middle East & Asia Aquaculture Meat Market By Product Type
11.5.4.2 Rest of Middle East & Asia Aquaculture Meat Market By Culture
11.5.4.3 Rest of Middle East & Asia Aquaculture Meat Market By Species
11.6 Latin America
11.6.1 Brazil
11.6.1.1 Brazil Aquaculture Meat Market By Product Type
11.6.1.2 Brazil Aquaculture Meat Market By Culture
11.6.1.3 Brazil Aquaculture Meat Market By Species
11.6.2 Argentina
11.6.2.1 Argentina Aquaculture Meat Market By Product Type
11.6.2.2 Argentina Aquaculture Meat Market By Culture
11.6.2.3 Argentina Aquaculture Meat Market By Species
11.6.3 Rest of Latin America
11.6.3.1 Rest of Latin America Aquaculture Meat Market By Product Type
11.6.3.2 Rest of Latin America Aquaculture Meat Market By Culture
11.6.3.3 Rest of Latin America Aquaculture Meat Market By Species
12 Company Profiles
12.1 Aquaculture Technologies for ASIA Ltd.
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Alpha Group Ltd
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 CERMAQ Group As
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Marine Harvest Asa
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Thai Union Group
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Pentair plc
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 AKVA group
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Xylem
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Luxsol
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Lifeguard Aquatics
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14 Conclusion
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