The global aquaculture market reached a value of around US$ 233.4 Billion in 2020. Aquaculture, or fish farming, refers to the controlled process of breeding, rearing, harvesting and cultivating fish, shellfish, algae and other aquatic organisms. It is usually conducted in coastal ocean waters, freshwater ponds, rivers and in on-land tanks. This aids in food production, restoration of habitats and endangered and threatened species populations, and aquariums building. It also minimizes waste creation by producing feed for fish and shellfish, providing a safe and natural breeding environment to the aquatic population and optimum utilization of agricultural and natural resources. Aquaculture also includes the production of ornamental fishes to support commercial and recreational marine fisheries.
The rising demand for seafood, along with increasing farming of aquatic animals, is one of the key factors driving the growth of the market. Furthermore, the growing demand for fish oil across various industries, such as food and beverages, pharmaceuticals and nutraceuticals, is also driving the market growth. Fish breeders are increasingly becoming aware of the benefits of adopting efficient aquaculture practices to gain control over the quality of water and maintain overall biological productivity. They are also introducing technologically advanced equipment to monitor the water, analyze fish behavior and manage facility logistics. In line with this, extensive research and development (R&D) activities, such as genetic improvements in the species of finfish, controlling fish reproduction, manipulation of chromosomes and monitoring of parasitic diseases in aquatic animals in off-shore and open oceans, are also expected to drive the market further. Looking forward, IMARC Group expects the global aquaculture market to grow at a CAGR of 5.7% during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aquaculture market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, fish type, environment and distribution channel.
Breakup by Fish Type:
- Freshwater Fish
- Molluscs
- Crustaceans
- Others
Breakup by Environment:
- Fresh Water
- Marine Water
- Brackish Water
Breakup by Distribution Channel:
- Traditional Retail
- Supermarkets and Hypermarkets
- Specialized Retailers
- Online Stores
- Others
Breakup by Region:
- Asia Pacific
- China
- Indonesia
- India
- Vietnam
- Philippines
- South Korea
- Japan
- Thailand
- Malaysia
- Australia
- Others
- Latin America
- Chile
- Brazil
- Ecuador
- Mexico
- Others
- Europe
- Norway
- Spain
- Russia
- United Kingdom
- France
- Italy
- Greece
- Netherlands
- Ireland
- Denmark
- Germany
- Others
- Middle East and Africa
- Egypt
- Turkey
- Saudi Arabia
- Others
- North America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Aquaculture of Texas Inc., Aquaculture Systems Technologies LLC, Aquafarm Equipment AS, Cermaq ASA, Cooke Aquaculture Inc., CPI Equipment Inc., Frea Aquaculture Solutions, Grupo Farallon Aquaculture, Huon Aquaculture Group Pty Ltd., International Fish Farming Co. – Asmak, Leroy Sea Food Group, Nireus Aquaculture S.A, Selonda Aquaculture S.A. (Andromeda Seafood Limited), Stehr Group Pty Ltd., Stolt-Nielsen Limited (Fiducia Ltd.), Tassal Group Limited and Thai Union Group Plc.
Key Questions Answered in This Report:
- How has the global aquaculture market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global aquaculture market?
- What are the key regional markets?
- What is the breakup of the market based on the fish type?
- What is the breakup of the market based on the environment?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global aquaculture market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aquaculture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Fish Type
6.1 Freshwater Fish
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Molluscs
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Crustaceans
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Breakup by Environment
7.1 Fresh Water
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Marne Water
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Brackish Water
7.3.1 Market Trends
7.3.2 Market Forecast
8 Breakup by Distribution Channel
8.1 Traditional Retail
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Supermarkets and Hypermarkets
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialized Retailers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 China
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Indonesia
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.1.3 India
9.1.3.1 Market Trends
9.1.3.2 Market Forecast
9.1.4 Vietnam
9.1.4.1 Market Trends
9.1.4.2 Market Forecast
9.1.5 Philippines
9.1.5.1 Market Trends
9.1.5.2 Market Forecast
9.1.6 South Korea
9.1.6.1 Market Trends
9.1.6.2 Market Forecast
9.1.7 Japan
9.1.7.1 Market Trends
9.1.7.2 Market Forecast
9.1.8 Thailand
9.1.8.1 Market Trends
9.1.8.2 Market Forecast
9.1.9 Malaysia
9.1.9.1 Market Trends
9.1.9.2 Market Forecast
9.1.10 Australia
9.1.10.1 Market Trends
9.1.10.2 Market Forecast
9.1.11 Others
9.1.11.1 Market Trends
9.1.11.2 Market Forecast
9.2 Latin America
9.2.1 Chile
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Brazil
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 Mexico
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 Ecuador
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Others
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.3 Europe
9.3.1 Norway
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 Spain
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 Russia
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 United Kingdom
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 France
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Italy
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Greece
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.3.8 Netherlands
9.3.8.1 Market Trends
9.3.8.2 Market Forecast
9.3.9 Ireland
9.3.9.1 Market Trends
9.3.9.2 Market Forecast
9.3.10 Denmark
9.3.10.1 Market Trends
9.3.10.2 Market Forecast
9.3.11 Germany
9.3.11.1 Market Trends
9.3.11.2 Market Forecast
9.3.12 Others
9.3.12.1 Market Trends
9.3.12.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Egypt
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Turkey
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Saudi Arabia
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.4.4 Others
9.4.4.1 Market Trends
9.4.4.2 Market Forecast
9.5 North America
9.5.1 United States
9.5.1.1 Market Trends
9.5.1.2 Market Forecast
9.5.2 Canada
9.5.2.1 Market Trends
9.5.2.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aquaculture of Texas Inc.
14.3.2 Aquaculture Systems Technologies, L.L.C.
14.3.3 Aquafarm Equipment AS
14.3.4 Cermaq
14.3.5 Cooke Aquaculture Inc
14.3.6 CPI Equipment Inc.
14.3.7 Frea Aquaculture Solutions
14.3.8 Farallon Aquaculture, SA
14.3.9 Huon Aquaculture Group Ltd
14.3.10 International Fish Farming Holding Co.-Asmak
14.3.11 Leroy Seafood Group
14.3.12 Nireus Aquaculture
14.3.13 SELONDA Aquaculture SA (ANDROMEDA SEAFOOD SL.)
14.3.14 Stehr Group
14.3.15 Stolt-Nielsen Limited
14.3.16 Tassal
14.3.17 Thai Union Group
List if Figures
Figure 1: Global: Aquaculture Market: Major Drivers and Challenges
Figure 2: Global: Aquaculture Market: Volume Trends (in Million Tons), 2015-2020
Figure 3: Global: Aquaculture Market: Breakup by Fish Type (in %), 2020
Figure 4: Global: Aquaculture Market: Breakup by Environment (in %), 2020
Figure 5: Global: Aquaculture Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Aquaculture Market: Breakup by Region (in %), 2020
Figure 7: Global: Aquaculture Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 8: Global: Aquaculture (Freshwater Fish) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 9: Global: Aquaculture (Freshwater Fish) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 10: Global: Aquaculture (Molluscs) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 11: Global: Aquaculture (Molluscs) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 12: Global: Aquaculture (Crustaceans) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 13: Global: Aquaculture (Crustaceans) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 14: Global: Aquaculture (Others) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 15: Global: Aquaculture (Others) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 16: Global: Aquaculture (Fresh Water) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 17: Global: Aquaculture (Fresh Water) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 18: Global: Aquaculture (Marine Water) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 19: Global: Aquaculture (Marine Water) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 20: Global: Aquaculture (Brackish Water) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 21: Global: Aquaculture (Brackish Water) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 22: Global: Aquaculture (Traditional Retail) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 23: Global: Aquaculture (Traditional Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 24: Global: Aquaculture (Supermarkets and Hypermarkets) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 25: Global: Aquaculture (Supermarkets and Hypermarkets) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 26: Global: Aquaculture (Specialized Retailers) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 27: Global: Aquaculture (Specialized Retailers) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 28: Global: Aquaculture (Online Stores) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 29: Global: Aquaculture (Online Stores) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 30: Global: Aquaculture (Others) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 31: Global: Aquaculture (Others) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 32: Asia Pacific: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 33: Asia Pacific: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 34: Asia Pacific: Aquaculture Market: Breakup by Country (in %), 2020
Figure 35: China: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 36: China: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 37: Indonesia: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 38: Indonesia: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 39: India: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 40: India: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 41: Vietnam: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 42: Vietnam: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 43: Philippines: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 44: Philippines: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 45: South Korea: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 46: South Korea: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 47: Japan: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 48: Japan: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 49: Thailand: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 50: Thailand: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 51: Malaysia: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 52: Malaysia: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 53: Australia: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 54: Australia: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 55: Others: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 56: Others: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 57: Latin America: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 58: Latin America: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 59: Latin America: Aquaculture Market: Breakup by Country (in %), 2020
Figure 60: Chile: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 61: Chile: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 62: Brazil: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 63 Brazil: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 64: Ecuador: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 65: Ecuador: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 66: Mexico: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 67: Mexico: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 68: Others: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 69: Others: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 70: Europe: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 71: Europe: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 72: Europe: Aquaculture Market: Breakup by Country (in %), 2020
Figure 73: Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 74: Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 75: Spain: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 76: Spain: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 77: Russia: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 78: Russia: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 79: United Kingdom: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 80: United Kingdom: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 81: France: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 82: France: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 83: Italy: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 84: Italy: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 85: Greece: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 86: Greece: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 87: Netherlands: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 88: Netherlands: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 89: Ireland: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 90: Ireland: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 91: Denmark: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 92: Denmark: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 93: Germany: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 94: Germany: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 95: Others: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 96: Others: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 97: Middle East and Africa: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 98: Middle East and Africa: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 99: Middle East and Africa: Aquaculture Market: Breakup by Country (in %), 2020
Figure 100: Egypt: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 101: Egypt: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 102: Turkey: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 103: Turkey: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 104: Saudi Arabia: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 105: Saudi Arabia: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 106: Others: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 107: Others: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 108: North America: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 109: North America: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 110: North America: Aquaculture Market: Breakup by Country (in %), 2020
Figure 111: United States: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 112: United States: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 113: Canada: Aquaculture Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 114: Canada: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 115: Global: Aquaculture Industry: SWOT Analysis
Figure 116: Global: Aquaculture Industry: Value Chain Analysis
Figure 117: Global: Aquaculture Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Aquaculture Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Aquaculture Market Forecast: Breakup by Fish Type (in ‘000 Tons), 2021-2026
Table 3: Global: Aquaculture Market Forecast: Breakup by Environment (in ‘000 Tons), 2021-2026
Table 4: Global: Aquaculture Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2021-2026
Table 5: Global: Aquaculture Market Forecast: Breakup by Region (in ‘000 Tons), 2021-2026
Table 6: Global: Aquaculture Market: Key Price Indicators
Table 7: Global: Aquaculture Market Structure
Table 8: Global: Aquaculture Market: Key Players