Europe Organic Aquaculture Market

Market Overview:

The Europe organic aquaculture market is expected to exhibit a CAGR of 20.1% 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 on different end use sectors. These insights are included in the report as a major market contributor.

Organic aquaculture refers to the process of cultivating aquatic species without using synthetic fertilizers, pesticides, herbices, GMOs in stocking and feeding material and focusing on the vegetable-based feed ingredients and additives such as soybean, corn, fish oil, fish meal, etc. Organic aquaculture practices offer a wide variety of nutritional, growth-promoting, and immune-resistant benefits to the farmed aquatic animals. Furthermore, they also help in maintaining a viable and sustainable aquatic ecosystem by limiting the introduction of harmful substances. As a result, organic aquaculture practices are extensively adopted for cultivating various aquatic species, including trout, mussels, salmon, oyster, carp, etc.

In Europe, the growing consumer concerns towards the high prevalence of numerous pathogens present in conventionally cultured seafood products are primarily augmenting the market for organic aquaculture practices. Additionally, the rising consumer disposable income levels along with their improving living standards are further catalyzing the per capita expenditures on premium seafood products, mainly including organically-sourced variants. Moreover, the growing demand for organic fish oil across several sectors, including pharmaceuticals, food and beverages, nutraceuticals, etc., is also driving the market growth in Europe. Besides this, the rising awareness among breeders towards the long-term and sustainable benefits of adopting organic aquaculture practices is further bolstering the demand for organic aquafeed. Moreover, the European Commission is constantly focusing to reduce the adverse impact of chemical-based aquaculture methods on marine and freshwater ecosystems, thereby fueling the market growth. Apart from this, the increasing demand for canned and frozen organic seafood variants will continue to drive the market for organic aquaculture in Europe over the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe organic aquaculture market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on species, form, culture environment, end use and distribution channel.

Breakup by Species:

• Mussel
• Trout
• Salmon
• Oyster
• Carp
• Seabass and Seabream
• Others
   

Breakup by Form:

• Canned
• Frozen
• Fresh or Chilled
• Others
   

Breakup by Culture Environment:

• Freshwater
• Marine
• Brackish Water
   

Breakup by End Use:

• Household
• Commercial
   

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Hotels and Restaurants
• Online Sales
• Others
   

Breakup by Country:

• Ireland
• Norway
• Romania
• Italy
• Germany
• Spain
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aqualande, Blackshell Farm Ltd, Biofisch GmbH, Cromaris D.D, Cultimer France Producteurs Associes, Glenarm Organic Salmon Limited, Kaerhede Dambrug ApS (Frea Aquaculture Solutions Aps), Kush Shellfish, Mowi ASA, Musholm A/S (Okamura Foods Co.,Ltd), SalMar ASA and Vilsund Blue A/S.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe organic aquaculture market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe organic aquaculture market?
• What is the breakup of the market based on the species?
• What is the breakup of the market based on the form?
• What is the breakup of the market based on the culture environment?
• What is the breakup of the market based on the end use?
• What is the breakup of the market based on the distribution channel?
• What is the breakup of the market based on the country?
• 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 Europe organic aquaculture market and who are the key players?
• What is the degree of competition in the industry?