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The Bangladesh aquaculture market is expected to exhibit a CAGR of 2.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Aquaculture refers to the farming of aquatic organisms, including fish, shellfish, algae, mollusks, crustaceans, and aquatic plants. It assists in fulfilling different purposes, such as habitat restoration, the building of aquariums, wild stock population enhancement and restoration of endangered and threatened species. It further aids in providing food across the globe by supplementing the seafood supply. Aquaculture also provides a safe and natural breeding environment to aquatic organisms while minimizing water pollution by reducing wastes within the marine environment.
The market in Bangladesh is primarily driven by the increasing domestic and export demand for aquaculture products. Along with this, the rising demand for fish across Bangladesh as it represents a staple food across the country is providing an impetus to the market growth. The market is also driven by the growing demand for frozen and packaged seafood among the masses. Furthermore, the implementation of producer-friendly aquaculture regulations by government bodies in Bangladesh is positively influencing market growth. In line with this, the government is also undertaking initiatives for creating full-time employment opportunities in aquaculture farming, thereby creating a positive outlook for the market. Additionally, the increasing demand for organic aquaculture products due to the rising health concerns among consumers and an enhanced focus on sustainable development are further contributing to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the Bangladesh aquaculture market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on fish type, environment and distribution channel.
Breakup by Fish Type:
Breakup by Environment:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Fish Type, Environment, Distribution Channel, Region|
|Region Covered||Barishal, Chattogram, Dhaka, Khulna, Rajshahi, Rangpur, Mymensingh, Sylhet|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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